Cannabis Cultivation Market by Product (Food Additives, Oils, Tinctures), Type (Cannabis Indica, Cannabis Sativa), Source, Application - Global Forecast 2024-2030

Cannabis Cultivation Market by Product (Food Additives, Oils, Tinctures), Type (Cannabis Indica, Cannabis Sativa), Source, Application - Global Forecast 2024-2030


The Cannabis Cultivation Market size was estimated at USD 3.64 billion in 2023 and expected to reach USD 4.15 billion in 2024, at a CAGR 14.09% to reach USD 9.17 billion by 2030.

Cannabis cultivation refers to the agricultural process of growing the Cannabis Sativa plant, a species known for its psychoactive and medicinal properties. This process requires careful attention to the plant's life cycle, from germination to harvesting, including the control of environmental factors such as light, temperature, humidity, soil pH, and nutrients. The proliferation in cannabis cultivation has been primarily fueled by the expanding legalization of cannabis for both medical and recreational use, which has driven demand and facilitated the establishment of a legal market. Innovations in cultivation technology, such as hydroponics and LED lighting, have also contributed to the sector's growth, alongside an increasing social acceptance of cannabis consumption. However, compliance with diverse state and federal laws and the financial burden of taxation and licensing fees add complexity for cultivators, impeding their development. Thus, the industry is investing in more sustainable practices, such as the use of renewable energy and water recycling systems. Advancements in genetic modification and breeding may lead to new cannabis strains with unique properties, catering to a wider range of consumers. The integration of artificial intelligence and data analytics could further optimize cultivation processes and yield management, enhancing both efficiency and profitability.

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1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Cannabis Legalization and Rise in Trend of Indoor Cultivation
5.1.1.2. Potential Use of Cannabis for Medical Treatment and Scientific Research
5.1.1.3. Government Support for Legal Cannabis Cultivation and Education Program
5.1.2. Restraints
5.1.2.1. Environmental Downside of Cannabis Cultivation and Existence of Illegal Cultivation Practices
5.1.3. Opportunities
5.1.3.1. Use of AI and ML in Cannabis Cultivation
5.1.3.2. Growing Application of Marijuana and Hemp in Various Industries
5.1.4. Challenges
5.1.4.1. Challenges to Scaling Cannabis Cultivation and Regulatory Pressure
5.2. Market Segmentation Analysis
5.2.1. Product: Availability of high-potency CBD oils for patients with specific therapeutic needs
5.2.2. Type: Preference for Indica in colder climates and for individuals seeking pain relief and relaxation
5.2.3. Source: Exponential use of CBD flowers for recreational and medicinal use
5.2.4. Application: Emerging legalization of cannabis to accelerate its industrial consumption
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework Analysis
6. Cannabis Cultivation Market, by Product
6.1. Introduction
6.2. Food Additives
6.3. Oils
6.4. Tinctures
7. Cannabis Cultivation Market, by Type
7.1. Introduction
7.2. Cannabis Indica
7.3. Cannabis Sativa
8. Cannabis Cultivation Market, by Source
8.1. Introduction
8.2. Flower/Buds
8.3. Leaves
9. Cannabis Cultivation Market, by Application
9.1. Introduction
9.2. Industrial Consumption
9.3. Medical Consumption
9.4. Recreational Consumption
10. Americas Cannabis Cultivation Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Cannabis Cultivation Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Cannabis Cultivation Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
13.3.1. New Permission For Illinois Craft Cannabis Growers To Expand Plant Space
13.3.2. USD 130 Million Grow Facility Expansion Raises Hopes In State's Marijuana Industry
13.3.3. Oneida Indian Nation to Launch Cannabis Operation
14. Competitive Portfolio
14.1. Key Company Profiles
14.2. Key Product Portfolio
FIGURE 1. CANNABIS CULTIVATION MARKET RESEARCH PROCESS
FIGURE 2. CANNABIS CULTIVATION MARKET SIZE, 2023 VS 2030
FIGURE 3. GLOBAL CANNABIS CULTIVATION MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. GLOBAL CANNABIS CULTIVATION MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. GLOBAL CANNABIS CULTIVATION MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. CANNABIS CULTIVATION MARKET DYNAMICS
FIGURE 7. GLOBAL CANNABIS CULTIVATION MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. GLOBAL CANNABIS CULTIVATION MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. GLOBAL CANNABIS CULTIVATION MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 10. GLOBAL CANNABIS CULTIVATION MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. GLOBAL CANNABIS CULTIVATION MARKET SIZE, BY SOURCE, 2023 VS 2030 (%)
FIGURE 12. GLOBAL CANNABIS CULTIVATION MARKET SIZE, BY SOURCE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. GLOBAL CANNABIS CULTIVATION MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. GLOBAL CANNABIS CULTIVATION MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS CANNABIS CULTIVATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS CANNABIS CULTIVATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES CANNABIS CULTIVATION MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES CANNABIS CULTIVATION MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC CANNABIS CULTIVATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC CANNABIS CULTIVATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA CANNABIS CULTIVATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA CANNABIS CULTIVATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. CANNABIS CULTIVATION MARKET SHARE, BY KEY PLAYER, 2023
FIGURE 24. CANNABIS CULTIVATION MARKET, FPNV POSITIONING MATRIX, 2023

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