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Cannabis Indica Oil Market: Report by Type (Organic Cannabis Oil and Non-Organic Cannabis Oil) and by Application (Recreational and Medical)-Global Industry Analytics, COVID-19 Business Impact, and Trends, 2020 - 2029

  • TBI197918
  • July 24, 2020
  • Global
  • 132 pages
  • SAC Insights
                                              Abstract
                    
The report covers forecast and analysis for the Global Cannabis Indicas Oil Market on a global and regional level. The research report presents a comprehensive valuation of the market, competition, opportunities, emerging trends and industry-validated market figures. The study provides historic data of 2016 to 2018 along with a forecast from 2019 to 2026 based on volume (Million tons) and revenue (USD Million).

The global cannabis indicas oil market is expected to have substantial scope in the coming future owning to various factors that are driving the market growth in the forecast period. The global cannabis indicas oil market is likely to grow at a double digit CAGR within the forecast period. The Cannabis indicas oil is extracted from the leaves of cannabis indicas plant which has maximum concentration of THC (Tetrahydrocannabinol).This oil has multiple usages in the field of medical and recreational. One of the major factors that drive the growth of the market is the government intervention which is making cannabis indica oil legalized in various places across globe. Cannabis indicas oil potential health and medicinal advantages such as pain relief.

The cannabis indica oil market has been segmented on the basis of type and application. Based on type, the cannabis indica oil market is categorized in two types named as organic cannabis oil and non-organic cannabis oil. The usages or applications of cannabis indica oil are medical purposes and recreational drugs. USA, Europe and Canada are the major countries that have maximum production of cannabis oil. Out of this Canada is the largest producer of cannabis oil as per the industry sources.

The key drivers and opportunities boosting cannabis indica oil market are the government regulation and policies for legalizing the cannabis, lesser side effect and companies which are investing on R&D for cannabis production. Cannabis indica oil has long lasting effect which can give us beneficial property named as pain relief. The technological advancement, rise in demand and awareness about the benefits of cannabis are driving the cannabis indica oil market. One of the major applications is of cannabis oil is during the treatment of the cancer as the oil may kill cancer cell and dis continue the tumour. Moreover, owing to advancement in technology, the cannabis indica oil has moisturizing and anti-inflammatory properties which is more applicable in the cosmetic industry and hence it is widely used in the skin care products. Various changes such as technological developments, competitive development like new product development, expansions and acquisitions are further propelling the market growth.

Some of the major manufacturers of the cannabis indica oil are:

	Select Oil
	I.N.D. Concentrates
	Canopy Growth Corporation
	Aphria
	Emblem Cannabis Oils
	Whistler
	The Lab
	Absolute Terps

Cannabis Indica Oil Market: Regional Segment Analysis

	North America
	
		U.S.
	
	
	Europe
	
		UK
		France
		Germany
	
	
	Asia Pacific
	
		China
		Japan
		India
	
	
	Latin America
	
		Brazil
	
	
	Middle East and Africa 

Table of Contents
                    
                    
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	Chapter 1. Preface
	
		1.1. Report Description and Scope
		1.2. Research Scope
		1.3. Research Methodology
		
			1.3.1. Market Research Process
			1.3.2. Market Research Methodology
		
		
	
	
	Chapter 2. Executive Summary
	
		2.1. Cannabis Indica Oil Market, 2016-2025 (Million Tons)
		2.2. Cannabis Indica Oil Market, 2016-2025 (USD Million)
		2.3. Cannabis Indica Oi
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