Report Detail
Global Legal Marijuana Market Growth 2019-2024
- RnM3050801 |
- 05 March, 2019 |
- Global |
- 135 Pages |
- LPI(LP Information) |
- Other
Marijuana is one of the most abused drugs in the world.
The commercial marijuana industry exists on a state-by-state basis, and all medical and recreational programs are technically in violation of federal drug laws. The U.S. Department of Justice issued some guidelines in recent years that helped the marijuana industry gain traction, but these are not legally binding and could theoretically be nullified at any time.
A medicinal cannabis product refers to a product which includes cannabis, and its chemical components (cannabinoids), that can be used for curing, or alleviating the symptoms of disease, ailment or injury.The two main cannabinoids that have been identified for therapeutic application are the psychoactive 9-tetrahydrocanabinol (THC) and non-psychoactive Cannabidiol (CBD).
The global average price of Legal Marijuana is in the decreasing trend, from 11.92 USD/g in 2012 to 7.5 USD/g in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Legal Marijuana includes Classical Media & Salts, Serum-free Media
Stem Cell Media, and the proportion of Classical Media & Salts in 2016 is about 50.07%, and the proportion is in decreasing trend from 2012 to 2017.
Market competition is not intense. Medicine Man, Canopy Growth, Aphria, Aurora Cannabis Inc. and mCig Inc are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
According to this study, over the next five years the Legal Marijuana market will register a 28.0% CAGR in terms of revenue, the global market size will reach US$ 35000 million by 2024, from US$ 7970 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Legal Marijuana business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Legal Marijuana market by product type, application, key manufacturers and key regions and countries.
This study considers the Legal Marijuana value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Indoor
Greenhouse
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Recreational
Medical
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Medicine Man
Canopy Growth
Aphria
Aurora Cannabis Inc.
mCig Inc
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Legal Marijuana consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Legal Marijuana market by identifying its various subsegments.
Focuses on the key global Legal Marijuana manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Legal Marijuana with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Legal Marijuana submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Legal Marijuana Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Legal Marijuana Consumption 2014-2024
- 2.1.2 Legal Marijuana Consumption CAGR by Region
- 2.2 Legal Marijuana Segment by Type
- 2.2.1 Indoor
- 2.2.2 Greenhouse
- 2.3 Legal Marijuana Consumption by Type
- 2.3.1 Global Legal Marijuana Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Legal Marijuana Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Legal Marijuana Sale Price by Type (2014-2019)
- 2.4 Legal Marijuana Segment by Application
- 2.4.1 Recreational
- 2.4.2 Medical
- 2.5 Legal Marijuana Consumption by Application
- 2.5.1 Global Legal Marijuana Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Legal Marijuana Value and Market Share by Application (2014-2019)
- 2.5.3 Global Legal Marijuana Sale Price by Application (2014-2019)
3 Global Legal Marijuana by Players
- 3.1 Global Legal Marijuana Sales Market Share by Players
- 3.1.1 Global Legal Marijuana Sales by Players (2017-2019)
- 3.1.2 Global Legal Marijuana Sales Market Share by Players (2017-2019)
- 3.2 Global Legal Marijuana Revenue Market Share by Players
- 3.2.1 Global Legal Marijuana Revenue by Players (2017-2019)
- 3.2.2 Global Legal Marijuana Revenue Market Share by Players (2017-2019)
- 3.3 Global Legal Marijuana Sale Price by Players
- 3.4 Global Legal Marijuana Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Legal Marijuana Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Legal Marijuana Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Legal Marijuana by Regions
- 4.1 Legal Marijuana by Regions
- 4.1.1 Global Legal Marijuana Consumption by Regions
- 4.1.2 Global Legal Marijuana Value by Regions
- 4.2 Americas Legal Marijuana Consumption Growth
- 4.3 APAC Legal Marijuana Consumption Growth
- 4.4 Europe Legal Marijuana Consumption Growth
- 4.5 Middle East & Africa Legal Marijuana Consumption Growth
5 Americas
- 5.1 Americas Legal Marijuana Consumption by Countries
- 5.1.1 Americas Legal Marijuana Consumption by Countries (2014-2019)
- 5.1.2 Americas Legal Marijuana Value by Countries (2014-2019)
- 5.2 Americas Legal Marijuana Consumption by Type
- 5.3 Americas Legal Marijuana Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Legal Marijuana Consumption by Countries
- 6.1.1 APAC Legal Marijuana Consumption by Countries (2014-2019)
- 6.1.2 APAC Legal Marijuana Value by Countries (2014-2019)
- 6.2 APAC Legal Marijuana Consumption by Type
- 6.3 APAC Legal Marijuana Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Legal Marijuana by Countries
- 7.1.1 Europe Legal Marijuana Consumption by Countries (2014-2019)
- 7.1.2 Europe Legal Marijuana Value by Countries (2014-2019)
- 7.2 Europe Legal Marijuana Consumption by Type
- 7.3 Europe Legal Marijuana Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Legal Marijuana by Countries
- 8.1.1 Middle East & Africa Legal Marijuana Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Legal Marijuana Value by Countries (2014-2019)
- 8.2 Middle East & Africa Legal Marijuana Consumption by Type
- 8.3 Middle East & Africa Legal Marijuana Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Legal Marijuana Distributors
- 10.3 Legal Marijuana Customer
11 Global Legal Marijuana Market Forecast
- 11.1 Global Legal Marijuana Consumption Forecast (2019-2024)
- 11.2 Global Legal Marijuana Forecast by Regions
- 11.2.1 Global Legal Marijuana Forecast by Regions (2019-2024)
- 11.2.2 Global Legal Marijuana Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Legal Marijuana Forecast by Type
- 11.8 Global Legal Marijuana Forecast by Application
12 Key Players Analysis
- 12.1 Medicine Man
- 12.1.1 Company Details
- 12.1.2 Legal Marijuana Product Offered
- 12.1.3 Medicine Man Legal Marijuana Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Medicine Man News
- 12.2 Canopy Growth
- 12.2.1 Company Details
- 12.2.2 Legal Marijuana Product Offered
- 12.2.3 Canopy Growth Legal Marijuana Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Canopy Growth News
- 12.3 Aphria
- 12.3.1 Company Details
- 12.3.2 Legal Marijuana Product Offered
- 12.3.3 Aphria Legal Marijuana Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Aphria News
- 12.4 Aurora Cannabis Inc.
- 12.4.1 Company Details
- 12.4.2 Legal Marijuana Product Offered
- 12.4.3 Aurora Cannabis Inc. Legal Marijuana Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Aurora Cannabis Inc. News
- 12.5 mCig Inc
- 12.5.1 Company Details
- 12.5.2 Legal Marijuana Product Offered
- 12.5.3 mCig Inc Legal Marijuana Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 mCig Inc News
...
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Legal Marijuana . Industry analysis & Market Report on Legal Marijuana is a syndicated market report, published as Global Legal Marijuana Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Legal Marijuana market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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