Global Cannabis Concentrate Market 2025 – 2034

According to Custom Market Insights (CMI), the cannabis concentrate market reached USD 50.36 billion in 2025 and is expected to grow at a compound annual growth rate of 21.66% to about USD 294.01 billion by the end of 2034. Because of all the benefits they offer, the demand for products made from cannabis concentrate has gone up a lot in the current market.

The fact that cannabis products can help treat a number of chronic diseases is a big plus for society. Cannabis concentrates are commonly utilized in the formulation of ointments and lotions employed by the cosmetic industry to achieve expedited effects on the skin. Cannabis concentrates, which are mostly made from cannabis flowers, are also used to treat a number of neurological disorders.

The different temperature settings used to get the active ingredients from the cannabis flowers are a key part of the manufacturing process.

You can read the whole report on the cannabis concentrate market at https://www.custommarketinsights.com/report/cannabis-concentrate-market/. It has information on the market size, trends, and insights by type (live resins, wax, oil, chatter, vape), by end user (medical, recreational, next, food industry), and by region. It also has a global industry overview, statistical data, competitive analysis, share outlook, and forecast for 2025–2034.

Regional Snapshots

North America has seen the most growth in both the demand and supply of cannabis concentrates since cannabis products became legal. A lot of older people live in this area who have a lot of chronic illnesses and use cannabis concentrates to help them get better. The government has made it possible for small businesses to grow and sell cannabis products under strict rules if they have a license. The Middle East and Africa have also grown a lot because there is a lot of demand for cannabis concentrates in the market.

Recently, this area made it legal to sell and buy cannabis concentrates and its products in order to help the market grow. The government's advanced health care facilities have had a big impact on how people use cannabis products for medical purposes. Canada and South America are also big markets for cannabis concentrates and its medical products.

The Middle East and Africa are growing more slowly because the governments there have strict rules and guidelines about how cannabis products can be made and sold. This has made it harder for the market to grow.

The Market

Drivers

The huge demand for cannabis concentrate and the things that are made from it help the market grow a lot. The fact that cannabis products have many health benefits is a major reason why the market is growing. Cannabis products are used to treat long-term neurological disorders. Cannabis products are being used on a large scale in both the healthcare and cosmetic industries. This is a big reason why the concentrate market is growing.

Limitations

The high price of cannabis concentrates and products is a big reason why the market isn't growing faster. During the market's growth phase, strict rules and regulations set by many countries about the distribution and supply of cannabis products make things harder. The market growth is also slowed down by the different side effects that come from using cannabis products. These reasons make it hard for the market to grow.

Global Cannabis Concentrate Market 2025–2034 (By Channel of Distribution)

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Chances

The key players in the market have done a lot of research and development to come up with new flavors and combinations. This is a big chance for the market to grow. Advanced methods have helped keep the number of side effects from using cannabis products in check. The vaporizers use advanced methods to get the concentrates in their original form and keep the products' active ingredients. Many countries have made it legal to sell and distribute cannabis products, which is a big chance for the main players in the market. The key players in the market are quickly competing with each other to come up with new flavors and combinations. This has been a chance for the new startups that have just come out.

Problems

Many governments have put in place different rules that make it harder to sell and distribute cannabis products. The different side effects that come with using cannabis products are making it hard for the market to grow. Some countries have seen cannabis products being used in ways that are not intended, which has hurt the demand and supply of the products.

The high taxes on cannabis products have made them more expensive, which slows the growth of the market. During the forecast period, these different areas have made it hard for the cannabis concentrate market to grow

Report Scope

Feature of the Report Details

Market Size in 2025 : USD XX Billion

Projected Market Size in 2034 : USD XX Billion

Market Size in 2024 : USD XX Billion

CAGR Growth : Rate XX CAGR

Base Year : 2024

Forecast Period : 2025-2034

Key Segment : By Product Type, End Use and Region

Report Coverage : Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends

Regional Scope : North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America

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