Cannabis Oil Market

Cannabis Oil Market studies the cannabis oil market.

Cannabis oil is from the marijuana plant (cannabis indicas). The oil is extracted from the leaves of the cannabis plant. It contains high levels of THC. It is used for medicinal purposes and as a recreational drug.

Cannabis oil reached considerable popularity when a man in Canada named Rick Simpson began distributing this concentrate, albeit illegally, as a medicine. Rick's oil (commonly known as ""Rick Simpson oil"") brought the long studied knowledge about the anti-tumor and various medicinal properties of cannabis to the mainstream.

Here's a list of some of the potential health and medicinal benefits of using it, all based on research and actual human consumption: Cancer prevention, Treating and reducing some cancers, Multiple Sclerosis, Epilepsy, Asthma, Rheumatism, Diabetes, High blood pressure, Chronic pain and pain, Inflammation, Eczema and dry skin, Glaucoma, Stress, Anxiety, Depression, Addiction, Insomnia, Anorexia and dramatic weight loss, Obesity.

Cannabis Oil Market contains market size and forecasts of Cannabis Oil in global, including the following market information:

Global Cannabis Oil Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Cannabis Oil Market Sales, 2017-2022, 2023-2028, (K Bottles)

Global top five Cannabis Oil companies in 2021 (%)

The global Cannabis Oil market was valued at 820.7 million in 2021 and is projected to reach US$ 4534.2 million by 2028, at a CAGR of 27.7% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Organic Cannabis Oil Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Cannabis Oil include Select Oil, K.I.N.D. Concentrates, Canopy Growth Corporation, Aphria, Emblem Cannabis Oils, Whistler, The Lab and Absolute Terps, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Cannabis Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Cannabis Oil Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Bottles)

Global Cannabis Oil Market Segment Percentages, by Type, 2021 (%)

Organic Cannabis Oil

Non-Organic Cannabis Oil

Global Cannabis Oil Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Bottles)

Global Cannabis Oil Market Segment Percentages, by Application, 2021 (%)

Recreational

Medical

Global Cannabis Oil Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Bottles)

Global Cannabis Oil Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Cannabis Oil revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Cannabis Oil revenues share in global market, 2021 (%)

Key companies Cannabis Oil sales in global market, 2017-2022 (Estimated), (K Bottles)

Key companies Cannabis Oil sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Select Oil

K.I.N.D. Concentrates

Canopy Growth Corporation

Aphria

Emblem Cannabis Oils

Whistler

The Lab

Absolute Terps