DUBLIN–(BUSINESS WIRE)–The “Global Legal Marijuana Market (2022-2027) by Product, Applications, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.
The Global Legal Marijuana Market is estimated to be USD 41.06 Bn in 2022 and expected to reach USD 94.17 Bn by 2027, growing at a CAGR of 18.06%.
Market Dynamics
Drivers
- Rising Adoption of Medical Marijuana for Treatment of Several Chronic Diseases
- Growing Therapeutic Uses of Marijuana
Restraints
- Varying Nations have Different Legalization Rules for Diverse Uses
- High Price of Medical Marijuana
Opportunities
- Technical Developments in Production
- Increasing Trade Activities of Legal Marijuana
Challenges
- Supply Shortage of Medical Marijuana
Market Segmentations
The Global Legal Marijuana Market is segmented based on Product, Applications, and Geography.
- By Product, the market is classified into Buds, Oil, and Tinctures.
- By Type, the market is classified into Medical and Recreational.
- By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.
Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Legal Marijuana Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Legal Marijuana Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Legal Marijuana Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst’s competitive positioning tool.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Legal Marijuana Market, By Product
7 Global Legal Marijuana Market, By Type
8 Americas’ Legal Marijuana Market
9 Europe’s Legal Marijuana Market
10 Middle East and Africa’s Legal Marijuana Market
11 APAC’s Legal Marijuana Market
12 Competitive Landscape
13 Company Profiles
14 Appendix
Companies Mentioned
- Aphria, Inc.
- Aurora Cannabis
- Canopy Growth Corp.
- Cresco Labs
- Curaleaf Holdings, Inc.
- Ecofibre Ltd.
- Green Thumb Industries, Inc.
- Hexo Corp.
- Indiva Ltd.
- Jazz Pharmaceuticals PLC
- Maricann Group, Inc.
- Medical Marijuana, Inc.
- Organigram Holding, Inc.
- Stenocare A/S
- TerrAscend
- The Cronos Group
- Tilray Brands, Inc.
- Trulieve Cannabis
- Unrivaled Brands, Inc.
- VIVO Cannabis, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/xuy3md
