PUBLISHER: 360iResearch | PRODUCT CODE: 1413013
PUBLISHER: 360iResearch | PRODUCT CODE: 1413013
[193 Pages Report] The Minor Cannabinoids Market size was estimated at USD 17.63 billion in 2023 and expected to reach USD 18.79 billion in 2024, at a CAGR 7.95% to reach USD 30.13 billion by 2030.
Global Minor Cannabinoids Market
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 17.63 billion |
Estimated Year [2024] | USD 18.79 billion |
Forecast Year [2030] | USD 30.13 billion |
CAGR (%) | 7.95% |
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Minor Cannabinoids 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 Minor Cannabinoids 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.
Key Company Profiles
The report delves into recent significant developments in the Minor Cannabinoids Market, highlighting leading vendors and their innovative profiles. These include Fresh Bros Hemp Company, GenCanna, Global Cannabinoids, Laurelcrest, Mile High labs International, Pacific Roots, LLC, Rhizo Sciences, Sanobiotec, and Zero Point Extraction, LLC.
Market Segmentation & Coverage
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.
1. What is the market size and forecast of the Minor Cannabinoids Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Minor Cannabinoids Market?
3. What are the technology trends and regulatory frameworks in the Minor Cannabinoids Market?
4. What is the market share of the leading vendors in the Minor Cannabinoids Market?
5. Which modes and strategic moves are suitable for entering the Minor Cannabinoids Market?