Cannabis Extraction
SKU
MRR-4332DEEC66D1
Region
Global
Publication Date
February 2024
Delivery
Immediate
2023
USD 3.82 billion
2030
USD 11.66 billion
2024
USD 4.43 billion
CAGR
17.26%

Cannabis Extraction Market by Method (Alcohol Extraction Method, CO2 Extraction Method, Hydrocarbon Extraction Method), End-Use (Cosmetics, Food & Beverages, Medicine) - Global Forecast 2024-2030

[195 Pages Report] The Cannabis Extraction Market size was estimated at USD 3.82 billion in 2023 and expected to reach USD 4.43 billion in 2024, at a CAGR 17.26% to reach USD 11.66 billion by 2030.

Cannabis Extraction Market
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Cannabis extraction is a process used to isolate and concentrate the desirable compounds from the cannabis plant, such as cannabinoids while eliminating unwanted material, including plant waxes and lipids. This extraction typically involves using solvents such as butane, CO2, ethanol, or water, which dissolve the active ingredients from the plant material. The resulting extract is a highly potent substance that can be used in various products, including medicinal remedies, recreational cannabis products, and infused edibles. The increasing need for pharmaceutical and nutraceutical manufacturing and the growing investments propels the demand for cannabis extractions. However, the stringent government regulations associated with cannabis extractions are a significant challenge faced by manufacturers and suppliers. Companies are continuously focusing on complying with international and national regulations and guidelines to remain agile within the landscape. Moreover, the adoption of high-tech equipment in cannabis extractions and the development of novel delivery systems offer a significant opportunity for manufacturers and suppliers.

Cannabis Extraction Market - Global Forecast 2024-2030
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Method: Utilization of varied cannabis extraction methods to ensure safety, purity, and solvent removal

The alcohol extraction method is a technique that involves solvents such as ethanol to extract the desired compounds from the cannabis plant. It is lauded for its efficiency and purity of the final product but must be conducted carefully to ensure solvent evaporation and to maintain product safety. CO2 extraction uses supercritical carbon dioxide as a solvent to isolate cannabinoids and terpenes. It is highly regarded for its safety, environmental friendliness, and ability to fine-tune the extraction process to target specific compounds. Similarly, involving solvents such as butane and propane, hydrocarbon extraction is well-known for its effectiveness in isolating terpenoids and cannabinoids, resulting in a potent concentrate. On the other hand, the solvent-free extraction Method focuses on mechanical and physical means to obtain cannabis concentrates, avoiding the use of chemical solvents. Techniques such as dry sifting or pressed rosin are common and are highly valued for producing a natural and flavorful product. Traditional methods often employ basic techniques such as the use of cold water or manual pressing to extract essential oils from the cannabis. These methods are less efficient but are simple and have been used for centuries. While the ultrasound-assisted extraction method uses ultrasonic waves to agitate the plant material, facilitating the release of target compounds into the solvent. Ultrasound-assisted extraction is efficient, scalable, and allows for lower temperatures, which can preserve the integrity of heat-sensitive cannabinoids and terpenes.

End-Use: Increasing uses of cannabis extractions in the pharmaceutical and food & beverage industry in preference to their various health benefits

The integration of cannabis extracts, notably cannabidiol (CBD), into the cosmetics industry, has been rapidly growing due to its antioxidant and anti-inflammatory properties. Skincare products, lotions, balms, and oils are increasingly formulated with CBD, offering benefits such as reducing acne, psoriasis, and signs of aging. At the same time, cannabis extractions, particularly CBD and tetrahydrocannabinol (THC), are becoming more prevalent in the production of food and beverages. These products offer various effects, from non-psychoactive wellness benefits associated with CBD to the recreational and medicinal effects of THC. Medicinal cannabis is a critical segment that uses cannabis extracts for the development of pharmaceuticals and therapeutics. It is employed in the management and treatment of chronic pain, epilepsy, multiple sclerosis, and other health conditions. Cannabis extracts are also finding their place in the pet care industry, with CBD being popularised for its potential health benefits for pets. Products such as oils, tinctures, and edible treats are marketed with claims that they can alleviate anxiety, pain, and other conditions in animals.

Regional Insights

In the Americas, particularly in the United States and Canada, the cannabis extraction landscape is rapidly expanding due to the increasing legalization of cannabis for medical and recreational use. The United States remains a significant market with advanced extraction technologies and strong consumer demand for high-quality cannabis products. Canadian companies are also at the forefront, benefiting from nationwide legalization, and are actively investing in research and development. Both countries are witnessing a surge in patents related to solventless extraction methods and purification techniques, along with a growing number of startups receiving substantial investment for scaling production capabilities. At the same time, the European Union (EU) is experiencing an emerging cannabis extraction market as countries such as Germany, the Netherlands, and Portugal are increasingly permitting medical cannabis use. Consumer demand in this region is growing, with an inclination towards products with high purity levels and clear provenance due to stringent EU standards. On the other hand, countries in the Asia-Pacific region, including China, Japan, and India, show a diverse cannabis extraction landscape, with China and Japan establishing a strong position in hemp production and extraction, primarily for textiles and increasingly for cannabidiol (CBD) extraction.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cannabis Extraction Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cannabis Extraction Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • Verano Launched On The Rocks, New Multi-Format Brand Anchored Around Solventless Extraction Methods, Across Core Markets

    Verano Holdings Corp. launched its latest innovation, 'On The Rocks,' a premium collection of solventless cannabis extracts. These meticulously crafted extracts are the epitome of purity and authenticity, designed to deliver the essence of the cannabis plant in its most unadulterated form. This process ensures the collection of the most potent and flavorful trichomes, providing connoisseurs with an unparalleled cannabis experience. Verano's commitment to excellence is reflected in this small-batch, artisanal product line, setting a new standard for quality and taste in the cannabis extract market. [Published On: 2023-06-14]

  • CULTA Signs Definitive Agreement to Acquire Two Dispensaries, Broadening Presence in Maryland

    CULTA, a cannabis extraction company, fortifies its market position by strategically acquiring two female-operated dispensaries, Growing Ventures and K&R Holdings. The acquisition of Greenhouse Wellness, in particular, represents a significant stride in enriching its retail footprint and underscores CULTA's dedication to fostering inclusivity within the cannabis industry. [Published On: 2023-06-12]

  • Humble & Fume Inc. Announces Partnership with EvoLife & LocalsOnly Concentrates

    Humble & Fume Inc., a distributor in the North American cannabis sector, entered into a significant partnership with EvoLife, the creators behind the esteemed LocalsOnly Concentrate Brand. With this partnership, Humble & Fume Inc. aims to take on the role of exclusive distributor, managing sales and distribution for the current range of EvoLife's high-quality concentrates and any forthcoming products. This partnership is poised to propel the LocalsOnly line of concentrates to a broader customer base, enhancing market presence and fulfilling the escalating consumer demand for premium cannabis extracts. [Published On: 2023-06-06]

Key Company Profiles

The report delves into recent significant developments in the Cannabis Extraction Market, highlighting leading vendors and their innovative profiles. These include Aurora Cannabis Inc., Canopy Growth Corporation, Colorado Cannabis Company, Cronos Group, CURE Pharmaceutical, Dabble Extracts, Decibel Cannabis Co. Inc., Decibel Cannabis Company Inc., Encore Labs LLC, Evolved Extraction Solutions Ltd., Halo Labs Inc., Imperial CBD Extraction, Indiva Limited, Jazz Pharmaceuticals PLC, JULABO GmbH, Kase Manufacturing, Inc., Maricann Inc., Medical Marijuana, Inc., Medipharm Labs Corp., Neptune Wellness Solutions Inc., Nextleaf Solutions, Optimum Extracts, Organigram Holdings Inc., Peak Extracts, Prospiant by Gibraltar Group, Rocky Mountain Extraction Services, LLC, SNDL Inc., STENOCARE A/S, Sugarmade, Inc., Teva Pharmaceutical Industries Ltd., Tikun Olam, and Tilray Brands, Inc..

Market Segmentation & Coverage

This research report categorizes the Cannabis Extraction Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Method
    • Alcohol Extraction Method
    • CO2 Extraction Method
    • Hydrocarbon Extraction Method
    • Solvent-free Extraction Method
    • Traditional Extraction Method
    • Ultrasound-assisted Extraction Method
  • End-Use
    • Cosmetics
    • Food & Beverages
    • Medicine
    • Pet Care
    • Recreational Use

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Cannabis Extraction Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cannabis Extraction Market?
  3. What are the technology trends and regulatory frameworks in the Cannabis Extraction Market?
  4. What is the market share of the leading vendors in the Cannabis Extraction Market?
  5. Which modes and strategic moves are suitable for entering the Cannabis Extraction Market?

Table of Contents
  1. Preface
    1. Objectives of the Study
    2. Market Segmentation & Coverage
    3. Years Considered for the Study
    4. Currency & Pricing
    5. Language
    6. Stakeholders
  2. Research Methodology
    1. Define: Research Objective
    2. Determine: Research Design
    3. Prepare: Research Instrument
    4. Collect: Data Source
    5. Analyze: Data Interpretation
    6. Formulate: Data Verification
    7. Publish: Research Report
    8. Repeat: Report Update
  3. Executive Summary
  4. Market Overview
  5. Market Insights
    1. Market Dynamics
      1. Drivers
        1. Increased social acceptance, legalized production, and sales of infused products globally
        2. Attractive investment prospects and collaborative market landscape
        3. Cannabis has been proven non-psychoactive and has increasingly accepted for medical and nutraceutical application
      2. Restraints
        1. Complex cannabis extraction process and limited certification of extraction facilities
      3. Opportunities
        1. Increased availability and adoption of high-tech equipment and the development of scientific methods
        2. Collaborating Cannabis industry ecosystem development
        3. Pharmaceutical companies and beverage companies eyeing the cannabis industry
      4. Challenges
        1. Heavy taxes imposed on the cannabis industry discourage commercialization
        2. Negative social stigma and loosely defined legal framework
    2. Market Segmentation Analysis
      1. Method: Utilization of varied cannabis extraction methods to ensure safety, purity, and solvent removal
      2. End-Use: Increasing uses of cannabis extractions in the pharmaceutical and food & beverage industry in preference to their various health benefits
    3. Market Trend Analysis
    4. Cumulative Impact of High Inflation
    5. Porter’s Five Forces Analysis
      1. Threat of New Entrants
      2. Threat of Substitutes
      3. Bargaining Power of Customers
      4. Bargaining Power of Suppliers
      5. Industry Rivalry
    6. Value Chain & Critical Path Analysis
    7. Regulatory Framework
  6. Cannabis Extraction Market, by Method
    1. Introduction
    2. Alcohol Extraction Method
    3. CO2 Extraction Method
    4. Hydrocarbon Extraction Method
    5. Solvent-free Extraction Method
    6. Traditional Extraction Method
    7. Ultrasound-assisted Extraction Method
  7. Cannabis Extraction Market, by End-Use
    1. Introduction
    2. Cosmetics
    3. Food & Beverages
    4. Medicine
    5. Pet Care
    6. Recreational Use
  8. Americas Cannabis Extraction Market
    1. Introduction
    2. Argentina
    3. Brazil
    4. Canada
    5. Mexico
    6. United States
  9. Asia-Pacific Cannabis Extraction Market
    1. Introduction
    2. Australia
    3. China
    4. India
    5. Indonesia
    6. Japan
    7. Malaysia
    8. Philippines
    9. Singapore
    10. South Korea
    11. Taiwan
    12. Thailand
    13. Vietnam
  10. Europe, Middle East & Africa Cannabis Extraction Market
    1. Introduction
    2. Denmark
    3. Egypt
    4. Finland
    5. France
    6. Germany
    7. Israel
    8. Italy
    9. Netherlands
    10. Nigeria
    11. Norway
    12. Poland
    13. Qatar
    14. Russia
    15. Saudi Arabia
    16. South Africa
    17. Spain
    18. Sweden
    19. Switzerland
    20. Turkey
    21. United Arab Emirates
    22. United Kingdom
  11. Competitive Landscape
    1. Market Share Analysis, 2023
    2. FPNV Positioning Matrix, 2023
    3. Competitive Scenario Analysis
      1. Verano Launched On The Rocks, New Multi-Format Brand Anchored Around Solventless Extraction Methods, Across Core Markets
      2. CULTA Signs Definitive Agreement to Acquire Two Dispensaries, Broadening Presence in Maryland
      3. Humble & Fume Inc. Announces Partnership with EvoLife & LocalsOnly Concentrates
  12. Competitive Portfolio
    1. Key Company Profiles
    2. Key Product Portfolio
  13. List of Figures [Total: 20]
    1. CANNABIS EXTRACTION MARKET RESEARCH PROCESS
    2. CANNABIS EXTRACTION MARKET SIZE, 2023 VS 2030
    3. GLOBAL CANNABIS EXTRACTION MARKET SIZE, 2018-2030 (USD MILLION)
    4. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY REGION, 2023 VS 2030 (%)
    5. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
    6. CANNABIS EXTRACTION MARKET DYNAMICS
    7. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2023 VS 2030 (%)
    8. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2023 VS 2024 VS 2030 (USD MILLION)
    9. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2023 VS 2030 (%)
    10. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2023 VS 2024 VS 2030 (USD MILLION)
    11. AMERICAS CANNABIS EXTRACTION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    12. AMERICAS CANNABIS EXTRACTION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    13. UNITED STATES CANNABIS EXTRACTION MARKET SIZE, BY STATE, 2023 VS 2030 (%)
    14. UNITED STATES CANNABIS EXTRACTION MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
    15. ASIA-PACIFIC CANNABIS EXTRACTION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    16. ASIA-PACIFIC CANNABIS EXTRACTION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    17. EUROPE, MIDDLE EAST & AFRICA CANNABIS EXTRACTION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    18. EUROPE, MIDDLE EAST & AFRICA CANNABIS EXTRACTION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    19. CANNABIS EXTRACTION MARKET SHARE, BY KEY PLAYER, 2023
    20. CANNABIS EXTRACTION MARKET, FPNV POSITIONING MATRIX, 2023
  14. List of Tables [Total: 206]
    1. CANNABIS EXTRACTION MARKET SEGMENTATION & COVERAGE
    2. UNITED STATES DOLLAR EXCHANGE RATE, 2018–2023
    3. GLOBAL CANNABIS EXTRACTION MARKET SIZE, 2018-2023 (USD MILLION)
    4. GLOBAL CANNABIS EXTRACTION MARKET SIZE, 2024-2030 (USD MILLION)
    5. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY REGION, 2018-2023 (USD MILLION)
    6. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY REGION, 2024-2030 (USD MILLION)
    7. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    8. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    9. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY ALCOHOL EXTRACTION METHOD, BY REGION, 2018-2023 (USD MILLION)
    10. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY ALCOHOL EXTRACTION METHOD, BY REGION, 2024-2030 (USD MILLION)
    11. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY CO2 EXTRACTION METHOD, BY REGION, 2018-2023 (USD MILLION)
    12. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY CO2 EXTRACTION METHOD, BY REGION, 2024-2030 (USD MILLION)
    13. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY HYDROCARBON EXTRACTION METHOD, BY REGION, 2018-2023 (USD MILLION)
    14. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY HYDROCARBON EXTRACTION METHOD, BY REGION, 2024-2030 (USD MILLION)
    15. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY SOLVENT-FREE EXTRACTION METHOD, BY REGION, 2018-2023 (USD MILLION)
    16. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY SOLVENT-FREE EXTRACTION METHOD, BY REGION, 2024-2030 (USD MILLION)
    17. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY TRADITIONAL EXTRACTION METHOD, BY REGION, 2018-2023 (USD MILLION)
    18. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY TRADITIONAL EXTRACTION METHOD, BY REGION, 2024-2030 (USD MILLION)
    19. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY ULTRASOUND-ASSISTED EXTRACTION METHOD, BY REGION, 2018-2023 (USD MILLION)
    20. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY ULTRASOUND-ASSISTED EXTRACTION METHOD, BY REGION, 2024-2030 (USD MILLION)
    21. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    22. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    23. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY COSMETICS, BY REGION, 2018-2023 (USD MILLION)
    24. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY COSMETICS, BY REGION, 2024-2030 (USD MILLION)
    25. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY FOOD & BEVERAGES, BY REGION, 2018-2023 (USD MILLION)
    26. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY FOOD & BEVERAGES, BY REGION, 2024-2030 (USD MILLION)
    27. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY MEDICINE, BY REGION, 2018-2023 (USD MILLION)
    28. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY MEDICINE, BY REGION, 2024-2030 (USD MILLION)
    29. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY PET CARE, BY REGION, 2018-2023 (USD MILLION)
    30. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY PET CARE, BY REGION, 2024-2030 (USD MILLION)
    31. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY RECREATIONAL USE, BY REGION, 2018-2023 (USD MILLION)
    32. GLOBAL CANNABIS EXTRACTION MARKET SIZE, BY RECREATIONAL USE, BY REGION, 2024-2030 (USD MILLION)
    33. AMERICAS CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    34. AMERICAS CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    35. AMERICAS CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    36. AMERICAS CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    37. AMERICAS CANNABIS EXTRACTION MARKET SIZE, BY COUNTRY, 2018-2023 (USD MILLION)
    38. AMERICAS CANNABIS EXTRACTION MARKET SIZE, BY COUNTRY, 2024-2030 (USD MILLION)
    39. ARGENTINA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    40. ARGENTINA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    41. ARGENTINA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    42. ARGENTINA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    43. BRAZIL CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    44. BRAZIL CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    45. BRAZIL CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    46. BRAZIL CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    47. CANADA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    48. CANADA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    49. CANADA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    50. CANADA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    51. MEXICO CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    52. MEXICO CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    53. MEXICO CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    54. MEXICO CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    55. UNITED STATES CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    56. UNITED STATES CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    57. UNITED STATES CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    58. UNITED STATES CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    59. UNITED STATES CANNABIS EXTRACTION MARKET SIZE, BY STATE, 2018-2023 (USD MILLION)
    60. UNITED STATES CANNABIS EXTRACTION MARKET SIZE, BY STATE, 2024-2030 (USD MILLION)
    61. ASIA-PACIFIC CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    62. ASIA-PACIFIC CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    63. ASIA-PACIFIC CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    64. ASIA-PACIFIC CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    65. ASIA-PACIFIC CANNABIS EXTRACTION MARKET SIZE, BY COUNTRY, 2018-2023 (USD MILLION)
    66. ASIA-PACIFIC CANNABIS EXTRACTION MARKET SIZE, BY COUNTRY, 2024-2030 (USD MILLION)
    67. AUSTRALIA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    68. AUSTRALIA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    69. AUSTRALIA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    70. AUSTRALIA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    71. CHINA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    72. CHINA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    73. CHINA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    74. CHINA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    75. INDIA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    76. INDIA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    77. INDIA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    78. INDIA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    79. INDONESIA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    80. INDONESIA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    81. INDONESIA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    82. INDONESIA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    83. JAPAN CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    84. JAPAN CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    85. JAPAN CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    86. JAPAN CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    87. MALAYSIA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    88. MALAYSIA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    89. MALAYSIA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    90. MALAYSIA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    91. PHILIPPINES CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    92. PHILIPPINES CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    93. PHILIPPINES CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    94. PHILIPPINES CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    95. SINGAPORE CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    96. SINGAPORE CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    97. SINGAPORE CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    98. SINGAPORE CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    99. SOUTH KOREA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    100. SOUTH KOREA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    101. SOUTH KOREA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    102. SOUTH KOREA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    103. TAIWAN CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    104. TAIWAN CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    105. TAIWAN CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    106. TAIWAN CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    107. THAILAND CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    108. THAILAND CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    109. THAILAND CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    110. THAILAND CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    111. VIETNAM CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    112. VIETNAM CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    113. VIETNAM CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    114. VIETNAM CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    115. EUROPE, MIDDLE EAST & AFRICA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    116. EUROPE, MIDDLE EAST & AFRICA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    117. EUROPE, MIDDLE EAST & AFRICA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    118. EUROPE, MIDDLE EAST & AFRICA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    119. EUROPE, MIDDLE EAST & AFRICA CANNABIS EXTRACTION MARKET SIZE, BY COUNTRY, 2018-2023 (USD MILLION)
    120. EUROPE, MIDDLE EAST & AFRICA CANNABIS EXTRACTION MARKET SIZE, BY COUNTRY, 2024-2030 (USD MILLION)
    121. DENMARK CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    122. DENMARK CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    123. DENMARK CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    124. DENMARK CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    125. EGYPT CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    126. EGYPT CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    127. EGYPT CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    128. EGYPT CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    129. FINLAND CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    130. FINLAND CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    131. FINLAND CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    132. FINLAND CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    133. FRANCE CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    134. FRANCE CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    135. FRANCE CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    136. FRANCE CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    137. GERMANY CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    138. GERMANY CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    139. GERMANY CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    140. GERMANY CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    141. ISRAEL CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    142. ISRAEL CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    143. ISRAEL CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    144. ISRAEL CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    145. ITALY CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    146. ITALY CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    147. ITALY CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    148. ITALY CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    149. NETHERLANDS CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    150. NETHERLANDS CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    151. NETHERLANDS CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    152. NETHERLANDS CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    153. NIGERIA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    154. NIGERIA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    155. NIGERIA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    156. NIGERIA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    157. NORWAY CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    158. NORWAY CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    159. NORWAY CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    160. NORWAY CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    161. POLAND CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    162. POLAND CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    163. POLAND CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    164. POLAND CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    165. QATAR CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    166. QATAR CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    167. QATAR CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    168. QATAR CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    169. RUSSIA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    170. RUSSIA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    171. RUSSIA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    172. RUSSIA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    173. SAUDI ARABIA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    174. SAUDI ARABIA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    175. SAUDI ARABIA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    176. SAUDI ARABIA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    177. SOUTH AFRICA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    178. SOUTH AFRICA CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    179. SOUTH AFRICA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    180. SOUTH AFRICA CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    181. SPAIN CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    182. SPAIN CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    183. SPAIN CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    184. SPAIN CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    185. SWEDEN CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    186. SWEDEN CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    187. SWEDEN CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    188. SWEDEN CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    189. SWITZERLAND CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    190. SWITZERLAND CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    191. SWITZERLAND CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    192. SWITZERLAND CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    193. TURKEY CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    194. TURKEY CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    195. TURKEY CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    196. TURKEY CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    197. UNITED ARAB EMIRATES CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    198. UNITED ARAB EMIRATES CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    199. UNITED ARAB EMIRATES CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    200. UNITED ARAB EMIRATES CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    201. UNITED KINGDOM CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2018-2023 (USD MILLION)
    202. UNITED KINGDOM CANNABIS EXTRACTION MARKET SIZE, BY METHOD, 2024-2030 (USD MILLION)
    203. UNITED KINGDOM CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2018-2023 (USD MILLION)
    204. UNITED KINGDOM CANNABIS EXTRACTION MARKET SIZE, BY END-USE, 2024-2030 (USD MILLION)
    205. CANNABIS EXTRACTION MARKET SHARE, BY KEY PLAYER, 2023
    206. CANNABIS EXTRACTION MARKET, FPNV POSITIONING MATRIX, 2023
  15. List of Companies Mentioned [Total: 32]
    1. Aurora Cannabis Inc.
    2. Canopy Growth Corporation
    3. Colorado Cannabis Company
    4. Cronos Group
    5. CURE Pharmaceutical
    6. Dabble Extracts
    7. Decibel Cannabis Co. Inc.
    8. Decibel Cannabis Company Inc.
    9. Encore Labs LLC
    10. Evolved Extraction Solutions Ltd.
    11. Halo Labs Inc.
    12. Imperial CBD Extraction
    13. Indiva Limited
    14. Jazz Pharmaceuticals PLC
    15. JULABO GmbH
    16. Kase Manufacturing, Inc.
    17. Maricann Inc.
    18. Medical Marijuana, Inc.
    19. Medipharm Labs Corp.
    20. Neptune Wellness Solutions Inc.
    21. Nextleaf Solutions
    22. Optimum Extracts
    23. Organigram Holdings Inc.
    24. Peak Extracts
    25. Prospiant by Gibraltar Group
    26. Rocky Mountain Extraction Services, LLC
    27. SNDL Inc.
    28. STENOCARE A/S
    29. Sugarmade, Inc.
    30. Teva Pharmaceutical Industries Ltd.
    31. Tikun Olam
    32. Tilray Brands, Inc.
Decoding the Cannabis Extraction Market: Investment Prospects and Collaborative Market Landscape
December 17, 2023
BLOG
Decoding the Cannabis Extraction Market: Investment Prospects and Collaborative Market Landscape
Over the past few years, the cannabis industry has grown exponentially, thanks to the increasing acceptance and legalization of cannabis in several countries. Cannabis consumption has evolved from smoking to various other forms, such as edibles, tinctures, and topicals. This shift in consumption patterns has led to the growth of the cannabis extraction market. Cannabis extraction refers to the process of extracting cannabis compounds like THC and CBD from the plant material and processing them into usable forms. The cannabis extraction market is set to experience significant growth over the next few years, making it an attractive investment prospect for investors looking to capitalize on this growing market.

Rising Demand for Cannabis Oils and Extracts:

One of the major drivers of the cannabis extraction market is the rising demand for cannabis oils and extracts. The growing popularity of cannabis-infused products like edibles, beverages, and topicals has led to an increase in demand for high-quality cannabis extracts.

Moreover, cannabis oils and concentrates have several advantages over traditional smoking methods. They are easier to measure, store, and consume and provide a controlled dosage of cannabinoids, making them a preferred choice for medical users.

Investment Prospects and Collaborative Market Landscape:

As the legalization of cannabis continues to spread across the globe, the cannabis extraction market is set to experience significant growth. This growth presents an attractive investment prospect for investors looking to capitalize on the expanding cannabis industry.

Collaboration is also becoming a key factor in the cannabis extraction market. Many cannabis companies are collaborating with extraction equipment manufacturers to develop new and innovative extraction methods. Additionally, collaborations between cannabis companies and pharmaceutical companies are also increasing, intending to develop new cannabis-based medicines.

Challenges and Roadblocks:

While the cannabis extraction market presents an attractive investment prospect, it is not without its challenges. One of the major challenges is regulation. The regulatory landscape for cannabis varies from country to country, making it difficult for companies to navigate the market.

Another challenge is the cost of entry. The high cost of cannabis extraction equipment makes it challenging for smaller players to enter the market, leaving the market dominated by a few large players.

Overall, the cannabis extraction market presents an attractive investment prospect owing to the growing demand for cannabis oils and extracts. However, regulatory challenges and the high cost of entry have created barriers for new entrants.

Collaborative efforts between cannabis companies, equipment manufacturers, and pharmaceutical companies will be crucial in developing new and innovative extraction methods and products. Additionally, government regulations need to be more streamlined to ensure a level playing field for all companies in the cannabis industry.

As the cannabis industry continues to evolve, the cannabis extraction market is set to experience significant growth, making it a promising investment opportunity for the future.

Frequently Asked Questions
  1. How big is the Cannabis Extraction Market?
    Ans. The Global Cannabis Extraction Market size was estimated at USD 3.82 billion in 2023 and expected to reach USD 4.43 billion in 2024.
  2. What is the Cannabis Extraction Market growth?
    Ans. The Global Cannabis Extraction Market to grow USD 11.66 billion by 2030, at a CAGR of 17.26%
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