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, 2022 - 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.