Legal Marijuana Market Research Report - Global Forecast till 2027
Legal Marijuana Market Research Report - Global Forecast till 2027
Page |1
Copyright © 2017 Market Research Future.
Legal Marijuana Market Research Report - Global Forecast till 2027
1 Summary Global Legal Marijuana Market Research Report: Information by Form (Buds, Oils and others), Applications (Pharmaceuticals and Recreational) and Region (North America, Europe, South America and Rest of the World) Forecast till 2027 Legal Marijuana Market, Legal Marijuana, Legal Marijuana Market Share, Legal Marijuana Industry, Legal Marijuana Industry Size, Global Legal Marijuana Market, Legal Marijuana Market Research, Legal Marijuana Market Analysis, Legal Marijuana Market Size, Legal Marijuana Market Research Report, Legal Marijuana Market Growth, Legal Marijuana Market Trends
Page |2
Copyright © 2017 Market Research Future.
Legal Marijuana Market Research Report - Global Forecast till 2027
2 Market Overview Marijuana is dried leaves, stems, flowers or seed of Cannabis sativa or Cannabis indica plant. The consumption of marijuana is limited to certain countries where it is known as legal marijuana. Major share of the legal marijuana consumption was witnessed in North America, which held 69.3% of market share in the year 2016. Legal marijuana is widely used in the medical sector for the treatment of various diseases such as cancer, multiple sclerosis, HIV/AIDS, and others. Scientists are constantly researching on the marijuana species to bring out value added products from the cannabis strains, which is contributing in the growth of legal marijuana market. The legal marijuana is experiencing high demand owing to its recreational activity, which is projected to support the growth of the legal marijuana market over the forecast period. Regional Analysis: Among the regions, North America is dominating the legal marijuana market with over 80% of the global market share and is projected to reach more than USD 3.6 billion by 2022. RoW is projected to witness the highest growth rate during the forecast period 2016-2022. The legalization of marijuana in various countries is supporting the market growth at a global level. Moreover, applications of legal marijuana are increasing owing to the associated benefits, which has been driving the growth of the market from the last few years.
Page |3
Copyright © 2017 Market Research Future.
Legal Marijuana Market Research Report - Global Forecast till 2027
3 Pages Segmentation The global legal marijuana market is segmented by type, application, and regions. Intended Audience • • • • •
Smoothie’s manufacturers Functional foods & beverages industry Raw material suppliers Retailers and wholesaler Traders, importers, and exporters
Page |4
Copyright © 2017 Market Research Future.
Legal Marijuana Market Research Report - Global Forecast till 2027
Page |5
Copyright © 2017 Market Research Future.