
Industrial cannabis or hemp (Cannabis sativa) is specifically bred to have tetrahydrocannabinol (THC) levels of no more than 1% and does not have the psychoactive properties that marijuana does.
The global market for Industrial Cannabis Cultivation was estimated to be worth US$ 2269 million in 2023 and is forecast to a readjusted size of US$ 3428.9 million by 2030 with a CAGR of 6.0% during the forecast period 2024-2030
According to the Global Use of Medicines 2023 released by IQVIA Institute, the global drug expenditure in 2022 was about US$1.48 trillion (excluding COVID vaccine and treatment-related expenses), and it is predicted to grow at a rate of 3%-6% in the next few years. In terms of drug expenditure, this number in China was about 166 billion dollars in 2022. It is expected that the expenditure on medicines will increase in the next few years. From the perspective of demand, the trend of population aging, the increase of residents’ wealth and the improvement of health awareness will drive the demand for medicines.
Global Use of Medicines 2023 shows that the U.S. market spent about US$ 62.9 billion on medicines in 2022 on a net ex-factory basis. Overall growth slows as the Inflation Reduction Act (IRA) spends US$64 billion to reduce prescription drug prices, and the adoption of new treatments is expected to increase over the next few years. Besides, ex-factory discounts and rebates in drug distribution, the impact of patent expiration, and generic or biosimilar competition will also affect the U.S. pharmaceutical market.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Industrial Cannabis Cultivation, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Industrial Cannabis Cultivation by region & country, by Type, and by Application.
The Industrial Cannabis Cultivation market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Cannabis Cultivation.
Âé¶¹Ô´´ Segmentation
By Company
Aurora Cannabis
Aphria
Cannabis Sativa
Canopy Growth Corp
GW Pharmaceuticals
Los Suenos Farms LLC
HEXO Corp
Palo Verde Center
Mammoth Farms
Maricann
Tilray
Tikun Olam
Ultra Health
Eshan Five Lines Of Biological Technology
HMI Group
Jiangsu Baiou Biotechnology
Yunnan Hempson Bio-Tech
Shunho Stock
Kunming Longjin Pharmaceutical
Fangsheng Pharmaceutical
Segment by Type:
Seeds
Flowers and leaves
Skin
Others
Segment by Application
Medical
Chemical Industry
Textile Industry
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Industrial Cannabis Cultivation manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Industrial Cannabis Cultivation in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Industrial Cannabis Cultivation in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Âé¶¹Ô´´ Overview
1.1 Industrial Cannabis Cultivation Product Introduction
1.2 Global Industrial Cannabis Cultivation Âé¶¹Ô´´ Size Forecast
1.2.1 Global Industrial Cannabis Cultivation Sales Value (2019-2030)
1.2.2 Global Industrial Cannabis Cultivation Sales Volume (2019-2030)
1.2.3 Global Industrial Cannabis Cultivation Sales Price (2019-2030)
1.3 Industrial Cannabis Cultivation Âé¶¹Ô´´ Trends & Drivers
1.3.1 Industrial Cannabis Cultivation Industry Trends
1.3.2 Industrial Cannabis Cultivation Âé¶¹Ô´´ Drivers & Opportunity
1.3.3 Industrial Cannabis Cultivation Âé¶¹Ô´´ Challenges
1.3.4 Industrial Cannabis Cultivation Âé¶¹Ô´´ Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Industrial Cannabis Cultivation Players Revenue Ranking (2023)
2.2 Global Industrial Cannabis Cultivation Revenue by Company (2019-2024)
2.3 Global Industrial Cannabis Cultivation Players Sales Volume Ranking (2023)
2.4 Global Industrial Cannabis Cultivation Sales Volume by Company Players (2019-2024)
2.5 Global Industrial Cannabis Cultivation Average Price by Company (2019-2024)
2.6 Key Manufacturers Industrial Cannabis Cultivation Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Industrial Cannabis Cultivation Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Industrial Cannabis Cultivation
2.9 Industrial Cannabis Cultivation Âé¶¹Ô´´ Competitive Analysis
2.9.1 Industrial Cannabis Cultivation Âé¶¹Ô´´ Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Industrial Cannabis Cultivation Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Industrial Cannabis Cultivation as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Seeds
3.1.2 Flowers and leaves
3.1.3 Skin
3.1.4 Others
3.2 Global Industrial Cannabis Cultivation Sales Value by Type
3.2.1 Global Industrial Cannabis Cultivation Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Industrial Cannabis Cultivation Sales Value, by Type (2019-2030)
3.2.3 Global Industrial Cannabis Cultivation Sales Value, by Type (%) (2019-2030)
3.3 Global Industrial Cannabis Cultivation Sales Volume by Type
3.3.1 Global Industrial Cannabis Cultivation Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Industrial Cannabis Cultivation Sales Volume, by Type (2019-2030)
3.3.3 Global Industrial Cannabis Cultivation Sales Volume, by Type (%) (2019-2030)
3.4 Global Industrial Cannabis Cultivation Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Medical
4.1.2 Chemical Industry
4.1.3 Textile Industry
4.1.4 Others
4.2 Global Industrial Cannabis Cultivation Sales Value by Application
4.2.1 Global Industrial Cannabis Cultivation Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Industrial Cannabis Cultivation Sales Value, by Application (2019-2030)
4.2.3 Global Industrial Cannabis Cultivation Sales Value, by Application (%) (2019-2030)
4.3 Global Industrial Cannabis Cultivation Sales Volume by Application
4.3.1 Global Industrial Cannabis Cultivation Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Industrial Cannabis Cultivation Sales Volume, by Application (2019-2030)
4.3.3 Global Industrial Cannabis Cultivation Sales Volume, by Application (%) (2019-2030)
4.4 Global Industrial Cannabis Cultivation Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Industrial Cannabis Cultivation Sales Value by Region
5.1.1 Global Industrial Cannabis Cultivation Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Industrial Cannabis Cultivation Sales Value by Region (2019-2024)
5.1.3 Global Industrial Cannabis Cultivation Sales Value by Region (2025-2030)
5.1.4 Global Industrial Cannabis Cultivation Sales Value by Region (%), (2019-2030)
5.2 Global Industrial Cannabis Cultivation Sales Volume by Region
5.2.1 Global Industrial Cannabis Cultivation Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Industrial Cannabis Cultivation Sales Volume by Region (2019-2024)
5.2.3 Global Industrial Cannabis Cultivation Sales Volume by Region (2025-2030)
5.2.4 Global Industrial Cannabis Cultivation Sales Volume by Region (%), (2019-2030)
5.3 Global Industrial Cannabis Cultivation Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Industrial Cannabis Cultivation Sales Value, 2019-2030
5.4.2 North America Industrial Cannabis Cultivation Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Industrial Cannabis Cultivation Sales Value, 2019-2030
5.5.2 Europe Industrial Cannabis Cultivation Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Industrial Cannabis Cultivation Sales Value, 2019-2030
5.6.2 Asia Pacific Industrial Cannabis Cultivation Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Industrial Cannabis Cultivation Sales Value, 2019-2030
5.7.2 South America Industrial Cannabis Cultivation Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Industrial Cannabis Cultivation Sales Value, 2019-2030
5.8.2 Middle East & Africa Industrial Cannabis Cultivation Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Industrial Cannabis Cultivation Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Industrial Cannabis Cultivation Sales Value
6.2.1 Key Countries/Regions Industrial Cannabis Cultivation Sales Value, 2019-2030
6.2.2 Key Countries/Regions Industrial Cannabis Cultivation Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Industrial Cannabis Cultivation Sales Value, 2019-2030
6.3.2 United States Industrial Cannabis Cultivation Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Industrial Cannabis Cultivation Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Industrial Cannabis Cultivation Sales Value, 2019-2030
6.4.2 Europe Industrial Cannabis Cultivation Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Industrial Cannabis Cultivation Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Industrial Cannabis Cultivation Sales Value, 2019-2030
6.5.2 China Industrial Cannabis Cultivation Sales Value by Type (%), 2023 VS 2030
6.5.3 China Industrial Cannabis Cultivation Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Industrial Cannabis Cultivation Sales Value, 2019-2030
6.6.2 Japan Industrial Cannabis Cultivation Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Industrial Cannabis Cultivation Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Industrial Cannabis Cultivation Sales Value, 2019-2030
6.7.2 South Korea Industrial Cannabis Cultivation Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Industrial Cannabis Cultivation Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Industrial Cannabis Cultivation Sales Value, 2019-2030
6.8.2 Southeast Asia Industrial Cannabis Cultivation Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Industrial Cannabis Cultivation Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Industrial Cannabis Cultivation Sales Value, 2019-2030
6.9.2 India Industrial Cannabis Cultivation Sales Value by Type (%), 2023 VS 2030
6.9.3 India Industrial Cannabis Cultivation Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Aurora Cannabis
7.1.1 Aurora Cannabis Company Information
7.1.2 Aurora Cannabis Introduction and Business Overview
7.1.3 Aurora Cannabis Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Aurora Cannabis Industrial Cannabis Cultivation Product Offerings
7.1.5 Aurora Cannabis Recent Development
7.2 Aphria
7.2.1 Aphria Company Information
7.2.2 Aphria Introduction and Business Overview
7.2.3 Aphria Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Aphria Industrial Cannabis Cultivation Product Offerings
7.2.5 Aphria Recent Development
7.3 Cannabis Sativa
7.3.1 Cannabis Sativa Company Information
7.3.2 Cannabis Sativa Introduction and Business Overview
7.3.3 Cannabis Sativa Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Cannabis Sativa Industrial Cannabis Cultivation Product Offerings
7.3.5 Cannabis Sativa Recent Development
7.4 Canopy Growth Corp
7.4.1 Canopy Growth Corp Company Information
7.4.2 Canopy Growth Corp Introduction and Business Overview
7.4.3 Canopy Growth Corp Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Canopy Growth Corp Industrial Cannabis Cultivation Product Offerings
7.4.5 Canopy Growth Corp Recent Development
7.5 GW Pharmaceuticals
7.5.1 GW Pharmaceuticals Company Information
7.5.2 GW Pharmaceuticals Introduction and Business Overview
7.5.3 GW Pharmaceuticals Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.5.4 GW Pharmaceuticals Industrial Cannabis Cultivation Product Offerings
7.5.5 GW Pharmaceuticals Recent Development
7.6 Los Suenos Farms LLC
7.6.1 Los Suenos Farms LLC Company Information
7.6.2 Los Suenos Farms LLC Introduction and Business Overview
7.6.3 Los Suenos Farms LLC Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Los Suenos Farms LLC Industrial Cannabis Cultivation Product Offerings
7.6.5 Los Suenos Farms LLC Recent Development
7.7 HEXO Corp
7.7.1 HEXO Corp Company Information
7.7.2 HEXO Corp Introduction and Business Overview
7.7.3 HEXO Corp Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.7.4 HEXO Corp Industrial Cannabis Cultivation Product Offerings
7.7.5 HEXO Corp Recent Development
7.8 Palo Verde Center
7.8.1 Palo Verde Center Company Information
7.8.2 Palo Verde Center Introduction and Business Overview
7.8.3 Palo Verde Center Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Palo Verde Center Industrial Cannabis Cultivation Product Offerings
7.8.5 Palo Verde Center Recent Development
7.9 Mammoth Farms
7.9.1 Mammoth Farms Company Information
7.9.2 Mammoth Farms Introduction and Business Overview
7.9.3 Mammoth Farms Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Mammoth Farms Industrial Cannabis Cultivation Product Offerings
7.9.5 Mammoth Farms Recent Development
7.10 Maricann
7.10.1 Maricann Company Information
7.10.2 Maricann Introduction and Business Overview
7.10.3 Maricann Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Maricann Industrial Cannabis Cultivation Product Offerings
7.10.5 Maricann Recent Development
7.11 Tilray
7.11.1 Tilray Company Information
7.11.2 Tilray Introduction and Business Overview
7.11.3 Tilray Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Tilray Industrial Cannabis Cultivation Product Offerings
7.11.5 Tilray Recent Development
7.12 Tikun Olam
7.12.1 Tikun Olam Company Information
7.12.2 Tikun Olam Introduction and Business Overview
7.12.3 Tikun Olam Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Tikun Olam Industrial Cannabis Cultivation Product Offerings
7.12.5 Tikun Olam Recent Development
7.13 Ultra Health
7.13.1 Ultra Health Company Information
7.13.2 Ultra Health Introduction and Business Overview
7.13.3 Ultra Health Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Ultra Health Industrial Cannabis Cultivation Product Offerings
7.13.5 Ultra Health Recent Development
7.14 Eshan Five Lines Of Biological Technology
7.14.1 Eshan Five Lines Of Biological Technology Company Information
7.14.2 Eshan Five Lines Of Biological Technology Introduction and Business Overview
7.14.3 Eshan Five Lines Of Biological Technology Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.14.4 Eshan Five Lines Of Biological Technology Industrial Cannabis Cultivation Product Offerings
7.14.5 Eshan Five Lines Of Biological Technology Recent Development
7.15 HMI Group
7.15.1 HMI Group Company Information
7.15.2 HMI Group Introduction and Business Overview
7.15.3 HMI Group Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.15.4 HMI Group Industrial Cannabis Cultivation Product Offerings
7.15.5 HMI Group Recent Development
7.16 Jiangsu Baiou Biotechnology
7.16.1 Jiangsu Baiou Biotechnology Company Information
7.16.2 Jiangsu Baiou Biotechnology Introduction and Business Overview
7.16.3 Jiangsu Baiou Biotechnology Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.16.4 Jiangsu Baiou Biotechnology Industrial Cannabis Cultivation Product Offerings
7.16.5 Jiangsu Baiou Biotechnology Recent Development
7.17 Yunnan Hempson Bio-Tech
7.17.1 Yunnan Hempson Bio-Tech Company Information
7.17.2 Yunnan Hempson Bio-Tech Introduction and Business Overview
7.17.3 Yunnan Hempson Bio-Tech Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.17.4 Yunnan Hempson Bio-Tech Industrial Cannabis Cultivation Product Offerings
7.17.5 Yunnan Hempson Bio-Tech Recent Development
7.18 Shunho Stock
7.18.1 Shunho Stock Company Information
7.18.2 Shunho Stock Introduction and Business Overview
7.18.3 Shunho Stock Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.18.4 Shunho Stock Industrial Cannabis Cultivation Product Offerings
7.18.5 Shunho Stock Recent Development
7.19 Kunming Longjin Pharmaceutical
7.19.1 Kunming Longjin Pharmaceutical Company Information
7.19.2 Kunming Longjin Pharmaceutical Introduction and Business Overview
7.19.3 Kunming Longjin Pharmaceutical Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.19.4 Kunming Longjin Pharmaceutical Industrial Cannabis Cultivation Product Offerings
7.19.5 Kunming Longjin Pharmaceutical Recent Development
7.20 Fangsheng Pharmaceutical
7.20.1 Fangsheng Pharmaceutical Company Information
7.20.2 Fangsheng Pharmaceutical Introduction and Business Overview
7.20.3 Fangsheng Pharmaceutical Industrial Cannabis Cultivation Sales, Revenue and Gross Margin (2019-2024)
7.20.4 Fangsheng Pharmaceutical Industrial Cannabis Cultivation Product Offerings
7.20.5 Fangsheng Pharmaceutical Recent Development
8 Industry Chain Analysis
8.1 Industrial Cannabis Cultivation Industrial Chain
8.2 Industrial Cannabis Cultivation Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Industrial Cannabis Cultivation Sales Model
8.5.2 Sales Channel
8.5.3 Industrial Cannabis Cultivation Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Aurora Cannabis
Aphria
Cannabis Sativa
Canopy Growth Corp
GW Pharmaceuticals
Los Suenos Farms LLC
HEXO Corp
Palo Verde Center
Mammoth Farms
Maricann
Tilray
Tikun Olam
Ultra Health
Eshan Five Lines Of Biological Technology
HMI Group
Jiangsu Baiou Biotechnology
Yunnan Hempson Bio-Tech
Shunho Stock
Kunming Longjin Pharmaceutical
Fangsheng Pharmaceutical
Ìý
Ìý
*If Applicable.
