COVID-19 Impact Analysis on Cannabinoids Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2022-2028. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cannabinoids market include Mylan N.V. (Viatris Inc.), Alkem Labs, GW Pharmaceuticals plc, Tilray Inc., Aurora Cannabis Inc., Canopy Growth Corporation, The Cronos Group. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
In recent years, the use of cannabis for various medical ailments has gained popularity in the nation. Market expansion is fueled by elements including rising customer preference for products containing cannabinoids and increasing public awareness of cannabis and related products. Favourable government policies around cannabinoids have also attracted more companies to the industry. Additionally, promising research suggesting the benefits of minor and major cannabinoids in treating various health issues has raised public awareness of cannabis use. However, it is anticipated that the high costs of production and extraction, particularly for small cannabinoids, will impede market expansion.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of cannabinoids. The growth and trends of Cannabinoids Industry provide a holistic approach to this study.
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Market Segmentation
This section of the cannabinoids market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Cannabidiol
- Tetrahydrocannabinol
- Cannabinol
- Others
By Application
- Medicinal Use (Chronic Pain, Neurological Disorders Management, Oncology, Others)
- Non-Medical Use
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Stores
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Cannabinoids market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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