Cannabis Seeds Market is Likely to Upsurge at USD 5,694.95 million Globally by 2029, Size, Share, Trends, Global Demand, Growth and Opportunity Analysis
“Market research analysis is one of the best ways that answers business challenges more quickly and also saves a lot of time. The Cannabis Seeds Market research study of Cannabis Seeds Market report covers a market attractiveness analysis, wherein each segment is targeted based on its market size, growth rate, and general attractiveness. This large scale industry analysis document is generated by taking into account a range of objectives of market research that are vital for the client’s success. Moreover, big sample sizes are used for the data collection which suits the need of small, medium as well as large size of businesses.
For competitive analysis, it considers various strategies of the major players in the market such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others which leads to a rise of their footprints in the market. When market research report is prepared with most up-to-date insight and analysis, it gives maximum benefits to the businesses. An excellent market research report enables clients to take strategic decisions and achieve growth objectives. The advertising document is a sure shot solution to business challenges and problems. Wide-ranging market information of Cannabis Seeds Market report is sure to raise business and improve return on investment (ROI).
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In recent years, cannabis seeds has shown a considerable increase in demand across the globe and is predicted to continue to do so over the forecast period. The big consumer base and the recognition of its medical benefits worldwide are driving vendors to increase their geographic presence, which is boosting the expansion of the cannabis seeds market. The increased adoption which further increases the market demand have largely contributed to the growth of the market.
Global Cannabis Seeds Market was valued at USD 1,445.05 million in 2021 and is expected to reach USD 5,694.95 million by 2029, registering a CAGR of 18.70% during the forecast period of 2022-2029. The “regular seeds” accounts for the largest seed type segment in the cannabis seeds market within the forecasted period as the majority of the companies are manufacturing regular seeds and also they don’t require many efforts and are easy to grow. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Global Cannabis Seeds Market Definition
Cannabis is a flowering plant genus belonging to the Cannabaceaem family. Cannabis sativa, cannabis indica, and cannabis ruderalis are its three species. Cannabis seeds are high in protein, fibre, and omega-3 and omega-6 fatty acids, all of which are beneficial to your health. Arginine (an amino acid) and gamma-linolenic acid (a fatty acid) are abundant in the seeds.
Report Scope and Market Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2019 – 2014) |
| Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
| Segments Covered | By Seed Type (Regular Seeds, Feminized Seeds, Autoflowering Seeds), Strain (Indica, Hybrid, Sativa), Compound (THC Dominant, CBD Dominant, Balanced THC and CBD), Category (Inorganic, organic), Distribution Channel (Store Based Retailing, Online/E-Commerce Retailing), Type of Vendors (Resellers, Breeders, Seeds Manufacturing Companies) |
| Countries Covered | U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa |
| Market Players Covered | Seed Cellar (U.S.), HUMBOLDT SEED COMPANY(U.S.), BARNEY’S FARM (Netherlands), Dinafem Seeds (Spain), Tropical Seeds Co. (India), Sweet Seeds (U.S.), Serious Seeds (Netherlands), Sensi Seeds (Amsterdam), Green House Seed Co. (Netherlands), Love Growing Marijuana (Netherlands), DeliciousSeeds (U.K), Christiania Seeds (Denmark), Nymera (France ), T.H.Seeds (Netherlands), Royal Queen Seeds (Barcelona), Dutch Passion (Netherlands), Paradise Seeds B.V. (Netherlands) and Crop King Seeds (Canada) |
| Market Opportunities |
|
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increasing Utilization and Legalization
This demographic profile is predicted to raise cannabis demand around the world due to the effectiveness of cannabis on numerous chronic conditions. Highly legalized territory with strong demand for cannabis seeds, resulting in significant revenue creation, which is assisting the market’s growth across the globe.
Additionally, the growing demand for cannabis across various sectors is estimated to bolster the market’s overall growth due to its benefits. Furthermore, the increase in disposable income and the increase in purchasing power among consumers fuel the market growth. The surging consumer’s awareness regarding the medical consumption of cannabis also acts as a market driver.
Opportunities
- Modification and Intellectual Property Rights
The active research genetic development and modification of the plant are estimated to generate lucrative opportunities for the market, which will further expand the cannabis seeds market’s growth rate in the future. Additionally, the advancements in intellectual property rights of cannabis are also estimated to offer numerous growth opportunities within the market.
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Recent Developments
- In June 2021, Canopy Growth, one of the world’s largest cannabis companies, has completed the acquisition of The Supreme Cannabis Company, acquiring 100% of the company’s issued and outstanding common shares. Furthermore, Canopy’s total leadership position in the Canadian recreational market is strengthened by the acquisition of Supreme, which results in a pro forma Q4 FY 2021 market share of 18.1 percent 1. Furthermore, the acquisition provides an immediate opportunity for value development, with $30 million in synergies expected to be realized within the next two years.
- In March 2021, STADA Arzneimittel AG, one of Germany’s leading pharmaceutical companies, has entered the medical cannabis market with a deal with MediPharm Labs, a Canadian company, to introduce two flower products and six more in the future. MediPharm will deliver GMP-certified medicinal cannabis products to STADA and manufacturing, logistical, and regulatory support under the conditions of the exclusive collaboration. STADA will be in charge of commercializing cannabis products, first in Germany and marketing and medical education, with a field force with pharmaceutical experience.
Global Cannabis Seeds Market Scope
The cannabis seeds market is segmented on the basis of seed type, strain, compounds, distribution channel and type of vendors. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Seed Type
- Regular Seeds
- Feminized Seeds
- Autoflowering Seeds
On the basis of seed type, the cannabis seeds market is segmented into regular seeds, feminized seeds and autoflowering seeds. The regular seeds segment is dominating the market as majority of the companies are manufacturing regular seeds and also they don’t require many efforts and are easy to grow.
Strain
- Indica
- Hybrid
- Sativa
On the basis of strain, the cannabis seeds market is segmented into indica, hybrid and sativa.
Compound
- THC Dominant
- CBD Dominant
- Balanced THC and CBD
On the basis of compounds, the cannabis seeds market is segmented into THC dominant, CBD dominant and balanced THC and CBD. The THC segment is dominating as the THC is the psychoactive element of cannabis and it is highly required for medicinal purposes.
Distribution Channel
- Store Based Retailing
- Online/E-Commerce Retailing
On the basis of distribution channel, the cannabis seeds market is segmented into store based retailing and online/e-commerce retailing.
Type of Vendors
- Resellers
- Breeders
- Seeds Manufacturing Companies
On the basis of type of vendors, the cannabis seeds market is segmented into resellers, breeders and seeds manufacturing companies.
The key questions answered in this Cannabis Seeds Market Report:
- What will be the Cannabis Seeds Market Size and Growth Rate in the forecast year?
- What are the Key Factors driving Cannabis Seeds Market?
- What are the Risks and Challenges in front of the Cannabis Seeds Market?
- Who are the Key Vendors in Cannabis Seeds Market?
- What are the Trending Factors influencing the Cannabis Seeds Market shares?
- What are the Key Outcomes of Porter’s five forces model?
- Which are the Global Opportunities for Expanding the Cannabis Seeds Market?
Table of Contents
Global Cannabis Seeds Market Research Report 2022 – 2029
Chapter 1 Cannabis Seeds Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Cannabis Seeds Market Forecast
Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-cannabis-seeds-market&SR
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