Cannabis Extract Market, by Product (Oils and Tinctures), by Extract Type (Full Spectrum Extracts and Cannabis Isolates), by Extraction Method (Solvent Based and Non-Solvent Based), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Onli

Cannabis Extract Market, by Product (Oils and Tinctures), by Extract Type (Full Spectrum Extracts and Cannabis Isolates), by Extraction Method (Solvent Based and Non-Solvent Based), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), and by Region (North America, Europe, Asia Pacific, Middle East, Africa, and Latin America) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

Cannabis extracts are a large category of items that contain higher quantities of cannabinoids than the cannabis plant itself. Cannabinoids are chemical molecules contained in cannabis that, when taken, affect the mind and body as it can cause dizziness, confusion, and drowsiness. THC (tetrahydrocannabinol) is the most well-known cannabinoid, and it is this compound that causes euphoria and intoxication (or high). CBD (cannabidiol) is a non-psychoactive cannabinoid that has shown to have some medicinal properties, though additional research is needed by researchers to prove this. THC and CBD concentrations in cannabis extracts can vary greatly. Some extracts contain up to 99 percent THC, while others contain primarily CBD and only a small amount of THC.

Cannabis extracts can be solid (hash or hashish) or liquid (cannabis oil) (oil intended for vaping) form. Shatter, wax, honeycomb, and budder are examples of extracts named after their look or consistency. Cannabis extracts are usually smoked or vaporized, however, some can also be mixed with dried cannabis flowers. Tinctures are liquid extracts that are sprayed or dropped under the tongue. Dabbing is a relatively new method of vaping that necessitates the use of a specific water pipe ("dab rig"), a heating element ("nail"), a torch, and a dab tool.

Market Dynamics

The increasing adoption of CBD for skincare products is driving the global cannabis extract market growth in the forecast period. Cannabidiol skincare has antioxidant characteristics that assist to reduce the effects of aging and has an anti-inflammatory action on sebocytes, the sebum-producing skin cells. CBD may help to reduce swelling, pain, and redness from existing breakouts, as well as irritation from skin disorders like eczema and psoriasis, due to its anti-inflammatory effects. For instance, Folium Biosciences announced plans to launch nine active cosmeceutical and lifestyle products enriched with CBD in the U.S. in April 2019 to address market demand for skincare products.

Key features of the study:

• This report provides an in-depth analysis of the global cannabis extract market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global cannabis extract market based on the following parameters – company highlights, types portfolio, key highlights, financial performance, and market strategies
• Key companies covered as a part of this study include Canopy Growth Corporation, Aurora Cannabis Inc., Tikun Olam, Cannabis Science Inc., Aphria Inc., Maricann Group Inc., Tilray Inc., VIVO Cannabis Inc., Medical Marijuana, Inc., STENOCARE, Cronos Group Inc., Terra Tech Corp., MedMen, Teva Pharmaceutical Industries Ltd., Organigram Holdings Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global cannabis extract market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cannabis extract market

Detailed Segmentation:

• Global Cannabis extract Market, By Product:
• Oils
• Tinctures
• Global Cannabis extract Market, By Extract Type:
• Full Spectrum Extracts
• Cannabis Isolates
• Global Cannabis extract Market, By Extraction Method:
• Solvent Based
• Non-Solvent Based
• Global Cannabis extract Market, By Distribution Channel:
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• Global Cannabis extract Market, By Region:
• North America
• By Product
• Oils
• Tinctures
• By Extract Type
• Full Spectrum Extracts
• Cannabis Isolates
• By Extraction Method
• Solvent Based
• Non-Solvent Based
• By Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• By Country
• U.S.
• Canada
• Latin America
• By Product
• Oils
• Tinctures
• By Extract Type
• Full Spectrum Extracts
• Cannabis Isolates
• By Extraction Method
• Solvent Based
• Non-Solvent Based
• By Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• By Country
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Europe
• By Product
• Oils
• Tinctures
• By Extract Type
• Full Spectrum Extracts
• Cannabis Isolates
• By Extraction Method
• Solvent Based
• Non-Solvent Based
• By Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• By Country
• Germany
• U.K.
• France
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific
• By Product
• Oils
• Tinctures
• By Extract Type
• Full Spectrum Extracts
• Cannabis Isolates
• By Extraction Method
• Solvent Based
• Non-Solvent Based
• By Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• By Country
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East
• By Product
• Oils
• Tinctures
• By Extract Type
• Full Spectrum Extracts
• Cannabis Isolates
• By Extraction Method
• Solvent Based
• Non-Solvent Based
• By Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• By Country
• GCC
• Israel
• Rest of Middle East
• Africa
• By Product
• Oils
• Tinctures
• By Extract Type
• Full Spectrum Extracts
• Cannabis Isolates
• By Extraction Method
• Solvent Based
• Non-Solvent Based
• By Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• By Region/Country
• South Africa
• Central Africa
• North Africa
• Company Profiles
• Canopy Growth Corporation
• Company Highlights
• Products Portfolio
• Key Highlights
• Financial Performance
• Strategies
• Aurora Cannabis Inc.
• Tikun Olam
• Cannabis Science Inc.
• Aphria Inc.
• Maricann Group Inc.
• Tilray Inc.
• VIVO Cannabis Inc.
• Medical Marijuana, Inc.
• STENOCARE
• Cronos Group Inc.
• Terra Tech Corp.
• MedMen
• Teva Pharmaceutical Industries Ltd.
• Organigram Holdings Inc.

“*” marked represents similar segmentation in other categories in the respective section.