Cannabis Cultivation Market, By Product Type, By Method of Cultivation, By Medical Application, By End Use, By Geography

Description

The cannabis cultivation market size is expected to reach US$ 136 Bn by 2030, from US$ 42.9 Bn in 2023, at a CAGR of 17.9% during the forecast period.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 42.9 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	17.90%	2030 Value Projection:	US$ 136 Bn

Figure 1. Global Cannabis Cultivation Market Share (%), by Region, 2023

The global cannabis cultivation market is witnesssed significant growth in recent years. Cannabis refers to marijuana plants that are grown for their psychotropic and medicinal properties. Cannabis contains over 100 cannabinoids, including tetrahydrocannabinol (THC) and cannabidiol (CBD). THC is the primary psychoactive constituent and produces the "high" feeling, while CBD does not cause any psychoactive effects but provides various medical benefits. With the legalization of cannabis for both medical and recreational use in various countries, the demand for cannabis cultivation has increased tremendously. Cannabis farmers are scaling up their operations and adopting advanced greenhouse technologies and farming practices to meet the rising market demand.

Market Dynamics:

The global cannabis cultivation market is primarily driven by the growing legalization of cannabis across countries and its increasing adoption for both medical and recreational purposes. The rising awareness about various medical benefits of cannabis, such as relief from chronic pain, inflammation, insomnia, epilepsy, and neurological diseases, is fueling market growth. Cannabis extracts containing THC and CBD are being explored for their effectiveness in cancer treatment and alleviating chemotherapy side effects. Various state governments are removing restrictions and allowing licensed cultivators to scale up production capacity to meet domestic demand and export opportunities. However, regulatory barriers and high initial investment required for large-scale, mechanized cannabis farms pose challenges to the market. Outdoor farming is also restricted in some regions due to climatic conditions. Market players must adopt advanced farming technologies to improve yield and quality as price competition intensifies in maturing cannabis markets.

Key features of the study:

This report provides in-depth analysis of the global cannabis cultivation market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global cannabis cultivation market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Pacific Cannabis Growers, Inc., Atlas Global Brands, Canntrust Holdings, Inc., The Hydropothecary Corporation, Better Holdings, Canopy Growth Corporation, Aphria, Inc., Aurora Cannabis, Tilray, Organigram Holdings Inc., The Cronos Group, Maricann Group, Inc., ABcann Medicinals, Inc. and GW Pharmaceuticals plc.
These companies are involved in the research, development, manufacturing, and distribution of controlled substances
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global cannabis cultivation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cannabis cultivation market

Cannabis Cultivation Market Detailed Segmentation:

By Product Type:
- Marijuana
- Hemp
- CBD Oil
- Others (Gummies, Beverages, Topicals)
By Method of Cultivation:
- Indoor
- Greenhouse
- Outdoor (Canopy Growth,OrganiGram)
By Medical Application:
- Pain Management
- Mental Disorders
- Neurological Disorders
- Others (Epilepsy, Cancer, Alzheimer's disease)
By End Use:
- Medical
- Recreational
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Top companies in Global Cannabis Cultivation Market
- Pacific Cannabis Growers, Inc.
- Atlas Global Brands
- Canntrust Holdings, Inc.
- The Hydropothecary Corporation
- Better Holdings
- Canopy Growth Corporation
- Aphria, Inc.
- Aurora Cannabis
- Tilray
- Organigram Holdings Inc.
- The Cronos Group
- Maricann Group, Inc.
- ABcann Medicinals, Inc.
- GW Pharmaceuticals plc.

Product Code: CMI4346

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Cannabis Cultivation, By Product Type
- Market Cannabis Cultivation, By Method of Cultivation
- Market Cannabis Cultivation, By Medical Application
- Market Cannabis Cultivation, By End Use
- Market Cannabis Cultivation, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Legalization of medical cannabis
- Restraints
- Stringent Regulations
- Opportunities
- Emerging new medical applications
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Cannabis Cultivation Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Cannabis Cultivation Market , By Product Type, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Marijuana
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Hemp
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
CBD Oil
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others (Gummies, Beverages, Topicals)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

6. Cannabis Cultivation Market , By Method of Cultivation, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Indoor
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Greenhouse
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Outdoor (Canopy Growth,OrganiGram)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

7. Cannabis Cultivation Market , By Medical Application, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019- 2030
- Segment Trends
Pain Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Mental Disorders
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Neurological Disorders
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others (Epilepsy, Cancer, Alzheimer's disease)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

8. Cannabis Cultivation Market , By End Use, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019- 2030
- Segment Trends
Medical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Recreational
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

9. Cannabis Cultivation Market , By Region, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2019-2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Method of Cultivation, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Medical Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Method of Cultivation, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Medical Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Method of Cultivation, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Medical Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Method of Cultivation, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Medical Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Method of Cultivation, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Medical Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
GCC Countries
Israel
Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Method of Cultivation, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Medical Application, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Use, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region , 2018-2030,(US$ Bn)
South Africa
North Africa
Central Africa

10. Competitive Landscape

Pacific Cannabis Growers, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Atlas Global Brands
Canntrust Holdings, Inc.
The Hydropothecary Corporation
Better Holdings
Canopy Growth Corporation
Aphria, Inc.
Aurora Cannabis
Tilray
Organigram Holdings Inc.
The Cronos Group
Maricann Group, Inc.
ABcann Medicinals, Inc
GW Pharmaceuticals plc.
Analyst Views

11. Section

Research Methodology
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