Global Cannabis Oil Market Research Report 2020

Press Release

In this report, the Global Cannabis Oil market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Cannabis Oil market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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Cannabis oil is from the marijuana plant (cannabis indicas). The oil is extracted from the leaves of the cannabis plant. It contains high levels of THC. It is used for medicinal purposes and as a recreational drug.

Cannabis oil reached considerable popularity when a man in Canada named Rick Simpson began distributing this concentrate, albeit illegally, as a medicine. Rick’s oil (commonly known as “Rick Simpson oil”) brought the long studied knowledge about the anti-tumor and various medicinal properties of cannabis to the mainstream.

Global major cannabis oil production regions are USA, Canada and Europe. Canada is the largest production region, which produced 1071.6 kilo bottles in 2017, accounting for 52.66%. USA is the second largest production region, with production of 778.9 kilo bottles in 2017.

The global Cannabis Oil market is valued at 222 million US$ in 2020 is expected to reach 3360.7 million US$ by the end of 2026, growing at a CAGR of 46.9% during 2021-2026.

This report focuses on Cannabis Oil volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Cannabis Oil market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan etc.

Market Segment Analysis

The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type, the Cannabis Oil market is segmented into

Organic Cannabis Oil

Non-Organic Cannabis Oil

Segment by Application

Recreational

Medical

Global Cannabis Oil Market: Regional Analysis

The Cannabis Oil market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.

The key regions covered in the Cannabis Oil market report are:

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina

Middle East & Africa

Turkey

Saudi Arabia

U.A.E

Global Cannabis Oil Market: Competitive Analysis

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.

The major players in global Cannabis Oil market include:

Select Oil

K.I.N.D. Concentrates

Canopy Growth Corporation

Aphria

Emblem Cannabis Oils

Whistler

The Lab

Absolute Terps

Browse full research report at https://www.crystalmarketreport.com/global-cannabis-oil-market-research-report-2020

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