Global Legal Marijuana Supply, Demand and Key Producers, 2024-2030
Page: 100
Published Date: 09 Feb 2024
Category: Medical Care
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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Description
The global Legal Marijuana market size is expected to reach $ 140410 million by 2030, rising at a market growth of 25.6% CAGR during the forecast period (2024-2030).
Market competition is not intense. Medicine Man, Canopy Growth, Aphria, Aurora Cannabis Inc. and MCig Inc are the leaders of the industry, and they hold key technologies and patents, with high-end customers, have been formed in the monopoly position in the industry. Top three are Medicine Man, Canopy Growth and Aphria got about 95% market shares.
North America is the largest consumption place, with a consumption market share nearly 75% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 12%.
Marijuana is one of the most abused drugs in the world. And this report studies the Legal Marijuana.
The commercial marijuana industry exists on a state-by-state basis, and all medical and recreational programs are technically in violation of federal drug laws. The U.S. Department of Justice issued some guidelines in recent years that helped the marijuana industry gain traction, but these are not legally binding and could theoretically be nullified at any time.
A medicinal cannabis product refers to a product which includes cannabis, and its chemical components (cannabinoids), that can be used for curing, or alleviating the symptoms of disease, ailment or injury.The two main cannabinoids that have been identified for therapeutic application are the psychoactive 9-tetrahydrocanabinol (THC) and non-psychoactive Cannabidiol (CBD).
This report studies the global Legal Marijuana production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Legal Marijuana, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Legal Marijuana that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Legal Marijuana total production and demand, 2019-2030, (Kg)
Global Legal Marijuana total production value, 2019-2030, (USD Million)
Global Legal Marijuana production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (Kg)
Global Legal Marijuana consumption by region & country, CAGR, 2019-2030 & (Kg)
U.S. VS China: Legal Marijuana domestic production, consumption, key domestic manufacturers and share
Global Legal Marijuana production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (Kg)
Global Legal Marijuana production by Type, production, value, CAGR, 2019-2030, (USD Million) & (Kg)
Global Legal Marijuana production by Application production, value, CAGR, 2019-2030, (USD Million) & (Kg).
This reports profiles key players in the global Legal Marijuana market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Medicine Man, Canopy Growth, Aphria, Aurora Cannabis Inc. and MCig Inc, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Legal Marijuana market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Kg) and average price (USD/g) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Legal Marijuana Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Legal Marijuana Market, Segmentation by Type
Indoor Cultivation
Outdoor Cultivation
Greenhouse Cultivation
Global Legal Marijuana Market, Segmentation by Application
Recreational
Medical
Companies Profiled:
Medicine Man
Canopy Growth
Aphria
Aurora Cannabis Inc.
MCig Inc
Key Questions Answered
1. How big is the global Legal Marijuana market?
2. What is the demand of the global Legal Marijuana market?
3. What is the year over year growth of the global Legal Marijuana market?
4. What is the production and production value of the global Legal Marijuana market?
5. Who are the key producers in the global Legal Marijuana market?
Table of Contents
1 Supply Summary
1.1 Legal Marijuana Introduction
1.2 World Legal Marijuana Supply & Forecast
1.2.1 World Legal Marijuana Production Value (2019 & 2023 & 2030)
1.2.2 World Legal Marijuana Production (2019-2030)
1.2.3 World Legal Marijuana Pricing Trends (2019-2030)
1.3 World Legal Marijuana Production by Region (Based on Production Site)
1.3.1 World Legal Marijuana Production Value by Region (2019-2030)
1.3.2 World Legal Marijuana Production by Region (2019-2030)
1.3.3 World Legal Marijuana Average Price by Region (2019-2030)
1.3.4 North America Legal Marijuana Production (2019-2030)
1.3.5 Europe Legal Marijuana Production (2019-2030)
1.3.6 China Legal Marijuana Production (2019-2030)
1.3.7 Japan Legal Marijuana Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Legal Marijuana Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Legal Marijuana Major Market Trends
2.1 World Legal Marijuana Demand (2019-2030)
2.2 World Legal Marijuana Consumption by Region
2.2.1 World Legal Marijuana Consumption by Region (2019-2024)
2.2.2 World Legal Marijuana Consumption Forecast by Region (2025-2030)
2.3 United States Legal Marijuana Consumption (2019-2030)
2.4 China Legal Marijuana Consumption (2019-2030)
2.5 Europe Legal Marijuana Consumption (2019-2030)
2.6 Japan Legal Marijuana Consumption (2019-2030)
2.7 South Korea Legal Marijuana Consumption (2019-2030)
2.8 ASEAN Legal Marijuana Consumption (2019-2030)
2.9 India Legal Marijuana Consumption (2019-2030)
3.1 World Legal Marijuana Production Value by Manufacturer (2019-2024)
3.2 World Legal Marijuana Production by Manufacturer (2019-2024)
3.3 World Legal Marijuana Average Price by Manufacturer (2019-2024)
3.4 Legal Marijuana Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Legal Marijuana Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Legal Marijuana in 2023
3.5.3 Global Concentration Ratios (CR8) for Legal Marijuana in 2023
3.6 Legal Marijuana Market: Overall Company Footprint Analysis
3.6.1 Legal Marijuana Market: Region Footprint
3.6.2 Legal Marijuana Market: Company Product Type Footprint
3.6.3 Legal Marijuana Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations
4.1 United States VS China: Legal Marijuana Production Value Comparison
4.1.1 United States VS China: Legal Marijuana Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Legal Marijuana Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Legal Marijuana Production Comparison
4.2.1 United States VS China: Legal Marijuana Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Legal Marijuana Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Legal Marijuana Consumption Comparison
4.3.1 United States VS China: Legal Marijuana Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Legal Marijuana Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Legal Marijuana Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Legal Marijuana Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Legal Marijuana Production Value (2019-2024)
4.4.3 United States Based Manufacturers Legal Marijuana Production (2019-2024)
4.5 China Based Legal Marijuana Manufacturers and Market Share
4.5.1 China Based Legal Marijuana Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Legal Marijuana Production Value (2019-2024)
4.5.3 China Based Manufacturers Legal Marijuana Production (2019-2024)
4.6 Rest of World Based Legal Marijuana Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Legal Marijuana Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Legal Marijuana Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Legal Marijuana Production (2019-2024)
5.1 World Legal Marijuana Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Indoor Cultivation
5.2.2 Outdoor Cultivation
5.2.3 Greenhouse Cultivation
5.3 Market Segment by Type
5.3.1 World Legal Marijuana Production by Type (2019-2030)
5.3.2 World Legal Marijuana Production Value by Type (2019-2030)
5.3.3 World Legal Marijuana Average Price by Type (2019-2030)
6.1 World Legal Marijuana Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Recreational
6.2.2 Medical
6.3 Market Segment by Application
6.3.1 World Legal Marijuana Production by Application (2019-2030)
6.3.2 World Legal Marijuana Production Value by Application (2019-2030)
6.3.3 World Legal Marijuana Average Price by Application (2019-2030)
7.1 Medicine Man
7.1.1 Medicine Man Details
7.1.2 Medicine Man Major Business
7.1.3 Medicine Man Legal Marijuana Product and Services
7.1.4 Medicine Man Legal Marijuana Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 Medicine Man Recent Developments/Updates
7.1.6 Medicine Man Competitive Strengths & Weaknesses
7.2 Canopy Growth
7.2.1 Canopy Growth Details
7.2.2 Canopy Growth Major Business
7.2.3 Canopy Growth Legal Marijuana Product and Services
7.2.4 Canopy Growth Legal Marijuana Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 Canopy Growth Recent Developments/Updates
7.2.6 Canopy Growth Competitive Strengths & Weaknesses
7.3 Aphria
7.3.1 Aphria Details
7.3.2 Aphria Major Business
7.3.3 Aphria Legal Marijuana Product and Services
7.3.4 Aphria Legal Marijuana Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Aphria Recent Developments/Updates
7.3.6 Aphria Competitive Strengths & Weaknesses
7.4 Aurora Cannabis Inc.
7.4.1 Aurora Cannabis Inc. Details
7.4.2 Aurora Cannabis Inc. Major Business
7.4.3 Aurora Cannabis Inc. Legal Marijuana Product and Services
7.4.4 Aurora Cannabis Inc. Legal Marijuana Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Aurora Cannabis Inc. Recent Developments/Updates
7.4.6 Aurora Cannabis Inc. Competitive Strengths & Weaknesses
7.5 MCig Inc
7.5.1 MCig Inc Details
7.5.2 MCig Inc Major Business
7.5.3 MCig Inc Legal Marijuana Product and Services
7.5.4 MCig Inc Legal Marijuana Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 MCig Inc Recent Developments/Updates
7.5.6 MCig Inc Competitive Strengths & Weaknesses
8.1 Legal Marijuana Industry Chain
8.2 Legal Marijuana Upstream Analysis
8.2.1 Legal Marijuana Core Raw Materials
8.2.2 Main Manufacturers of Legal Marijuana Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Legal Marijuana Production Mode
8.6 Legal Marijuana Procurement Model
8.7 Legal Marijuana Industry Sales Model and Sales Channels
8.7.1 Legal Marijuana Sales Model
8.7.2 Legal Marijuana Typical Customers
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Legal Marijuana Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Legal Marijuana Production Value by Region (2019-2024) & (USD Million)
Table 3. World Legal Marijuana Production Value by Region (2025-2030) & (USD Million)
Table 4. World Legal Marijuana Production Value Market Share by Region (2019-2024)
Table 5. World Legal Marijuana Production Value Market Share by Region (2025-2030)
Table 6. World Legal Marijuana Production by Region (2019-2024) & (Kg)
Table 7. World Legal Marijuana Production by Region (2025-2030) & (Kg)
Table 8. World Legal Marijuana Production Market Share by Region (2019-2024)
Table 9. World Legal Marijuana Production Market Share by Region (2025-2030)
Table 10. World Legal Marijuana Average Price by Region (2019-2024) & (USD/g)
Table 11. World Legal Marijuana Average Price by Region (2025-2030) & (USD/g)
Table 12. Legal Marijuana Major Market Trends
Table 13. World Legal Marijuana Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (Kg)
Table 14. World Legal Marijuana Consumption by Region (2019-2024) & (Kg)
Table 15. World Legal Marijuana Consumption Forecast by Region (2025-2030) & (Kg)
Table 16. World Legal Marijuana Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Legal Marijuana Producers in 2023
Table 18. World Legal Marijuana Production by Manufacturer (2019-2024) & (Kg)
Table 19. Production Market Share of Key Legal Marijuana Producers in 2023
Table 20. World Legal Marijuana Average Price by Manufacturer (2019-2024) & (USD/g)
Table 21. Global Legal Marijuana Company Evaluation Quadrant
Table 22. World Legal Marijuana Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Legal Marijuana Production Site of Key Manufacturer
Table 24. Legal Marijuana Market: Company Product Type Footprint
Table 25. Legal Marijuana Market: Company Product Application Footprint
Table 26. Legal Marijuana Competitive Factors
Table 27. Legal Marijuana New Entrant and Capacity Expansion Plans
Table 28. Legal Marijuana Mergers & Acquisitions Activity
Table 29. United States VS China Legal Marijuana Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Legal Marijuana Production Comparison, (2019 & 2023 & 2030) & (Kg)
Table 31. United States VS China Legal Marijuana Consumption Comparison, (2019 & 2023 & 2030) & (Kg)
Table 32. United States Based Legal Marijuana Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Legal Marijuana Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Legal Marijuana Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Legal Marijuana Production (2019-2024) & (Kg)
Table 36. United States Based Manufacturers Legal Marijuana Production Market Share (2019-2024)
Table 37. China Based Legal Marijuana Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Legal Marijuana Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Legal Marijuana Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Legal Marijuana Production (2019-2024) & (Kg)
Table 41. China Based Manufacturers Legal Marijuana Production Market Share (2019-2024)
Table 42. Rest of World Based Legal Marijuana Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Legal Marijuana Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Legal Marijuana Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Legal Marijuana Production (2019-2024) & (Kg)
Table 46. Rest of World Based Manufacturers Legal Marijuana Production Market Share (2019-2024)
Table 47. World Legal Marijuana Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Legal Marijuana Production by Type (2019-2024) & (Kg)
Table 49. World Legal Marijuana Production by Type (2025-2030) & (Kg)
Table 50. World Legal Marijuana Production Value by Type (2019-2024) & (USD Million)
Table 51. World Legal Marijuana Production Value by Type (2025-2030) & (USD Million)
Table 52. World Legal Marijuana Average Price by Type (2019-2024) & (USD/g)
Table 53. World Legal Marijuana Average Price by Type (2025-2030) & (USD/g)
Table 54. World Legal Marijuana Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Legal Marijuana Production by Application (2019-2024) & (Kg)
Table 56. World Legal Marijuana Production by Application (2025-2030) & (Kg)
Table 57. World Legal Marijuana Production Value by Application (2019-2024) & (USD Million)
Table 58. World Legal Marijuana Production Value by Application (2025-2030) & (USD Million)
Table 59. World Legal Marijuana Average Price by Application (2019-2024) & (USD/g)
Table 60. World Legal Marijuana Average Price by Application (2025-2030) & (USD/g)
Table 61. Medicine Man Basic Information, Manufacturing Base and Competitors
Table 62. Medicine Man Major Business
Table 63. Medicine Man Legal Marijuana Product and Services
Table 64. Medicine Man Legal Marijuana Production (Kg), Price (USD/g), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 65. Medicine Man Recent Developments/Updates
Table 66. Medicine Man Competitive Strengths & Weaknesses
Table 67. Canopy Growth Basic Information, Manufacturing Base and Competitors
Table 68. Canopy Growth Major Business
Table 69. Canopy Growth Legal Marijuana Product and Services
Table 70. Canopy Growth Legal Marijuana Production (Kg), Price (USD/g), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. Canopy Growth Recent Developments/Updates
Table 72. Canopy Growth Competitive Strengths & Weaknesses
Table 73. Aphria Basic Information, Manufacturing Base and Competitors
Table 74. Aphria Major Business
Table 75. Aphria Legal Marijuana Product and Services
Table 76. Aphria Legal Marijuana Production (Kg), Price (USD/g), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. Aphria Recent Developments/Updates
Table 78. Aphria Competitive Strengths & Weaknesses
Table 79. Aurora Cannabis Inc. Basic Information, Manufacturing Base and Competitors
Table 80. Aurora Cannabis Inc. Major Business
Table 81. Aurora Cannabis Inc. Legal Marijuana Product and Services
Table 82. Aurora Cannabis Inc. Legal Marijuana Production (Kg), Price (USD/g), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Aurora Cannabis Inc. Recent Developments/Updates
Table 84. MCig Inc Basic Information, Manufacturing Base and Competitors
Table 85. MCig Inc Major Business
Table 86. MCig Inc Legal Marijuana Product and Services
Table 87. MCig Inc Legal Marijuana Production (Kg), Price (USD/g), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 88. Global Key Players of Legal Marijuana Upstream (Raw Materials)
Table 89. Legal Marijuana Typical Customers
Table 90. Legal Marijuana Typical Distributors
List of Figure
Figure 1. Legal Marijuana Picture
Figure 2. World Legal Marijuana Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Legal Marijuana Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Legal Marijuana Production (2019-2030) & (Kg)
Figure 5. World Legal Marijuana Average Price (2019-2030) & (USD/g)
Figure 6. World Legal Marijuana Production Value Market Share by Region (2019-2030)
Figure 7. World Legal Marijuana Production Market Share by Region (2019-2030)
Figure 8. North America Legal Marijuana Production (2019-2030) & (Kg)
Figure 9. Europe Legal Marijuana Production (2019-2030) & (Kg)
Figure 10. China Legal Marijuana Production (2019-2030) & (Kg)
Figure 11. Japan Legal Marijuana Production (2019-2030) & (Kg)
Figure 12. Legal Marijuana Market Drivers
Figure 13. Factors Affecting Demand
Figure 14. World Legal Marijuana Consumption (2019-2030) & (Kg)
Figure 15. World Legal Marijuana Consumption Market Share by Region (2019-2030)
Figure 16. United States Legal Marijuana Consumption (2019-2030) & (Kg)
Figure 17. China Legal Marijuana Consumption (2019-2030) & (Kg)
Figure 18. Europe Legal Marijuana Consumption (2019-2030) & (Kg)
Figure 19. Japan Legal Marijuana Consumption (2019-2030) & (Kg)
Figure 20. South Korea Legal Marijuana Consumption (2019-2030) & (Kg)
Figure 21. ASEAN Legal Marijuana Consumption (2019-2030) & (Kg)
Figure 22. India Legal Marijuana Consumption (2019-2030) & (Kg)
Figure 23. Producer Shipments of Legal Marijuana by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 24. Global Four-firm Concentration Ratios (CR4) for Legal Marijuana Markets in 2023
Figure 25. Global Four-firm Concentration Ratios (CR8) for Legal Marijuana Markets in 2023
Figure 26. United States VS China: Legal Marijuana Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 27. United States VS China: Legal Marijuana Production Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Legal Marijuana Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 29. United States Based Manufacturers Legal Marijuana Production Market Share 2023
Figure 30. China Based Manufacturers Legal Marijuana Production Market Share 2023
Figure 31. Rest of World Based Manufacturers Legal Marijuana Production Market Share 2023
Figure 32. World Legal Marijuana Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 33. World Legal Marijuana Production Value Market Share by Type in 2023
Figure 34. Indoor Cultivation
Figure 35. Outdoor Cultivation
Figure 36. Greenhouse Cultivation
Figure 37. World Legal Marijuana Production Market Share by Type (2019-2030)
Figure 38. World Legal Marijuana Production Value Market Share by Type (2019-2030)
Figure 39. World Legal Marijuana Average Price by Type (2019-2030) & (USD/g)
Figure 40. World Legal Marijuana Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 41. World Legal Marijuana Production Value Market Share by Application in 2023
Figure 42. Recreational
Figure 43. Medical
Figure 44. World Legal Marijuana Production Market Share by Application (2019-2030)
Figure 45. World Legal Marijuana Production Value Market Share by Application (2019-2030)
Figure 46. World Legal Marijuana Average Price by Application (2019-2030) & (USD/g)
Figure 47. Legal Marijuana Industry Chain
Figure 48. Legal Marijuana Procurement Model
Figure 49. Legal Marijuana Sales Model
Figure 50. Legal Marijuana Sales Channels, Direct Sales, and Distribution
Figure 51. Methodology
Figure 52. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
-
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
-
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
-
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Medicine Man Canopy Growth Aphria Aurora Cannabis Inc. MCig Inc
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