Tag: global
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Global Cannabis Testing Market Projected To Reach $2.4 Billion By 2027
Allied Market Research recently published a new report titled, “Cannabis Testing Market by Product, Test Type, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2027,” and the report is projecting significant growth for the global cannabis testing sector. “The global cannabis testing market was valued at $ 1,029 million in 2019, and is projected…
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How Many People Consume Cannabis Worldwide?
The United Nations Office on Drugs and Crime (UNODC) recently released its ‘2024 World Drug Report’ which listed, among other things, facts about global cannabis use. The report’s details were covered at length in Marijuana Moment‘s original coverage. “As for cannabis, which UNODC calls in the new report “by far the world’s most commonly used drug,”…
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Global Cannabis Food And Beverage Market Projected To Reach $2.63 Billion By 2026
The legal worldwide cannabis food and beverage market is projected to reach an estimated $2.63 billion by 2026 according to a new report by Allied Market Research. The projected increase in market value is attributed to cannabis policy modernization efforts around the globe and increased consumer demand. “According to a new report published by Allied…
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Global Medical Cannabis Market Projected To Be Worth $121.33 Billion By 2033
The global medical cannabis market is projected to be worth an estimated $121.33 billion by 2033 according to a new analysis by Spherical Insights. Spherical Insights describes itself as “a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and…
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Global Industrial Hemp Market Projected To Be Worth $24.30 Billion By 2033
According to market analysts at Spherical Insights LLP, the global industrial hemp market is projected to be worth an estimated $24.30 billion by 2033. Spherical Insights describes itself as “a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and…
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Medical Cannabis Packaging Market Projected To Reach $117.2 Billion By 2032
The global cannabis packaging market is projected to reach $117.2 billion in value by 2032 according to a recent analysis by Astute Analytica. The entity describes itself as “a global analytics and advisory company.” “The global medical marijuana packaging market was valued at US$ 6.5 billion in 2023 and is projected to reach US$ 117.2 billion…
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Global Hemp-Based Product Market Projected To Reach $16.2 Billion By 2033
The global market for hemp-based products is projected to reach $16.2 billion by 2033, growing at a CAGR of 24.5% between 2023 and 2033, according to a market analysis by Fact.MR. The researchers estimated that the market was worth $1.8 billion in 2023. “Europe and North America collectively account for around 70% of the global…
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Global Cannabis-Infused Drinks Market Projected To Reach $8.7 Billion By 2032
The global cannabis-infused drinks market was estimated to be worth $400 million in 2022 and is projected to reach $8.7 billion in value by 2032 according to a market analysis by Fact.MR. The market analysis entity is located in Ireland. “This astounding market growth is because worldwide demand for cannabis infused drinks is estimated to…
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How Many Countries Have Legalized Medical Cannabis?
According to a recent study conducted by researchers from Ukraine and France, and published by the U.S. National Institute of Health, 57 countries have adopted medical cannabis legalization measures. Israel was the first country to adopt a national medical cannabis legalization measure (1999), and Ukraine was the most recent (2024) as of the posting of…
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Global Industrial Hemp Market Projected To Reach $25.7 Billion By 2034
The global industrial hemp market is projected to go from the current estimated market value of $6.6 billion in 2024 to $25.7 billion by 2034, according to a new market analysis by Fact.MR. The industrial hemp market will be driven by “a steady CAGR of 14.5% from 2024 onward” according to Fact.MR. “Environmentally conscious consumers…