Tag: global
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Global Cannabis Packaging Market Projected To Reach $9.06 Billion By 2030
Research and Markets recently published a new report projecting that the global cannabis packaging market will reach an estimated $9.06 billion in value by 2030, “expanding at a CAGR of 22.7% from 2024 to 2030.” “The growing legalization of cannabis consumption for medical and recreational use is contributing to market growth.” Research and Markets stated…
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Global Cannabis Testing Market Estimated To Grow By $1.5 Billion From 2023-2027
The world’s cannabis testing market is projected to increase in size by $1.5 billion by 2027 according to a new report by Technavio, growing “at a CAGR of about 13.06% during the forecast period.” “The cannabis testing market encompasses a range of applications, including the detection and quantification of heavy metals and residual solvents in…
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The Legal Global Cannabis Market Projected To Reach $125.4 Billion By 2030
A new report published by Research and Markets is projecting that the legal global cannabis market will be worth an estimated $125.4 billion by 2030. Research and Markets also recently published a report projecting that the global medical cannabis sector will be worth$82.5 billion by 2030. “The global market for Legal Marijuana estimated at US$30.6…
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Global Medical Cannabis Market Projected To Reach $82.5 Billion By 2030
The global legal medical cannabis market is projected to reach $82.5 billion by 2030 according to a new report by Research and Markets. The legal medical cannabis market was worth an estimated $32.3 billion in 2023 according to the report. “Extract Form Marijuana, one of the segments analyzed in the report, is expected to record…
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Global Hemp Clothing Market Size Projected To Reach $23.02 Billion By 2031
The global hemp clothing market is projected to experience significant growth in the coming years, reaching an estimated $23.02 billion by 2031 according to a market analysis by Allied Analytics LLP. “The global Hemp Clothing Market Size was valued at $2.29 billion in 2021, and is projected to reach $23.02 billion by 2031, growing at…
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Research And Markets Projects $561 Million Global Hemp Fiber Market By 2029
Industry researchers at Research and Markets estimate that the global hemp fiber market will be worth $378.56 million dollars in 2024, and that it will increase in value to a projected $561.8 million by 2029. “The global hemp fiber market is experiencing remarkable growth driven by increasing awareness of its environmental benefits and versatile applications.…
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Global Hemp-Based Foods Market To Reach $8.36 Billion By 2028 Per Report
The global hemp-based foods market is projected to reach $8.36 billion by 2028 according to The Business Research Company’s (TBRC) latest report, “Hemp Based Foods Global Market Report 2024”. “The hemp based foods market size has grown strongly in recent years. It will grow from $5.45 billion in 2023 to $5.94 billion in 2024 at…
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Global CBD Industry Estimated To Be Worth $36.6 Billion By 2033
The global cannabidiol (CBD) market was worth an estimated $7.6 billion in 2023 according to a market analysis by Market.us, and will climb to a projected $36.6 in value by 2033. “Between 2023 and 2032, this market is estimated to register the highest CAGR of 27%.” the researchers stated. “Because of its therapeutic benefits, there…
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Global CBD Nutraceuticals Market Projected To Reach $16.9 Billion By 2032
The CBD nutraceuticals market was valued at $3.8 billion in 2022 according to a market analysis by DataHorizzon Research, and is anticipated to grow to $16.9 billion by 2032 at a CAGR of 16.3%. “The CBD nutraceuticals market is thriving due to the increasing awareness of the potential health benefits associated with CBD products. The…
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Cannabis Capsule Market Projected To Reach $79.2 Billion By 2028
Just because a cannabis product involves a capsuled delivery method does not necessary equate to it being a pharmaceutical product, just as every cannabis pharmaceutical product doesn’t automatically involve capsules. Cannabis pharmaceutical products can come in oral sprays and liquids. However, there is clearly a lot of overlap between the cannabis capsule and pharmaceutical sectors,…