Cannabis Seeds Market To Observe Highest CAGR Growth of 18.70 by 2029 | Market Analysed by Growth, Trends, Share, Industry Size and Key Player Analysis
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Market Overview:-
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.
In recent years, cannabis seeds have shown a considerable increase in demand across the globe and are 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.
Key Players:-
Recent Developments
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The concentrates segment projected to grow at highest CAGR in the Cannabis Seeds Market
The concentrates segment within the Cannabis Seeds Market, by product type, is estimated to be growing at the fastest rate from 2022-2029. This is majorly due to the varied number of forms in which concentrates let one experience cannabis in a multitude of ways, such as shatter, rosin, wax, crumble, oil, dabs, and tinctures. Concentrates also offer a wide variety of delivery methods, such as smoking, vaping, dabbing, ingestion, and tinctures, which further aid their market growth.
Cannabis Seeds Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
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
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.
Influence of the Cannabis Seeds Market Report:
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Key Industry Segmentation:-
Cannabis Seeds Market, by Type
Cannabis Seeds Market, by Category
Cannabis Seeds Market, by Strain
Cannabis Seeds Market, by Distribution Channel
Reasons to Consider This Report
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Top Trending Report by DBMR:
U.S. Cannabis Seeds Market 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) https://www.databridgemarketresearch.com/reports/us-cannabis-seeds-market
Europe Cannabis Seeds Market, By Seed Type (Feminized Seeds, Autoflowering Seeds, Regular Seeds), Strain (Indica, Hybrid, Sativa), Compound (THC Dominant, CBD Dominant, Balanced THC & CBD), Category (Inorganic, Organic), Distribution Channel (Store Based Retailing, Online/E-Commerce Retailing), Type of Vendors (Resellers, Seeds Manufacturing Companies, Breeders) https://www.databridgemarketresearch.com/reports/europe-cannabis-seeds-market
Asia-Pacific Cannabis Seeds Market, By Seed Type (Feminized Seeds, Autoflowering Seeds, Regular Seeds), Strain (Indica, Hybrid, Sativa), Compound (THC Dominant, CBD Dominant, Balanced THC & CBD), Category (Inorganic, Organic), Distribution Channel (Store Based Retailing, Online/E-Commerce Retailing), Type of Vendors (Resellers, Seeds Manufacturing Companies, Breeders) https://www.databridgemarketresearch.com/reports/asia-pacific-cannabis-seeds-market
Middle East and Africa Cannabis Seeds Market, By Seed Type (Feminized Seeds, Autoflowering Seeds, Regular Seeds), Strain (Indica, Hybrid, Sativa), Compound (THC Dominant, CBD Dominant, Balanced THC & CBD), Category (Inorganic, Organic), Distribution Channel (Store Based Retailing, Online/E-Commerce Retailing), Type of Vendors (Resellers, Seeds Manufacturing Companies, Breeders) - https://www.databridgemarketresearch.com/reports/middle-east-and-africa-cannabis-seeds-market
North America Cannabis Seeds Market, By Seed Type (Feminized Seeds, Autoflowering Seeds and Regular Seeds), Strain (Indica, Hybrid and Sativa), Compound (THC Dominant, CBD Dominant and Balanced THC & CBD), Category (Inorganic and Organic), Distribution Channel (Store Based Retailing and Online/E-Commerce Retailing), Type of Vendors (Resellers, Seed Manufacturing Companies and Breeders) https://www.databridgemarketresearch.com/reports/north-america-cannabis-seeds-market
Cannabis Market, By Product Type (Buds, Oil, Tinctures, Others), Usage (Medical, Recreational), Crop Variety (Cannabis Indica, Cannabis Sativa, Others), Distribution Channel (Physical, Digital, Others) https://www.databridgemarketresearch.com/reports/global-cannabis-market
Medical Cannabis Market, By Product (Oil, Dried Medical Cannabis, Medical Cannabis Capsules, Vape Pen, Whole Flower, Creams & Moisturizer, Ground Flower, Patch, Mask & Serum, Cleanser, Others), Source (Natural, Synthetic), Species (Sativa, Hybrid, Cannabis Indica), Derivatives (Cannabidiol (CBD), Tetrahydrocannabinol (THC)/Delta-8-Tetrahydrocannabinol, Cannabigerol (CBG), Cannabinol, Others), Application (Pain Management, Anxiety, Muscle Spasms, Nausea, Appetite Loss, Cancer, Arthritis, Alzheimer's Disease, Epilepsy, Depression and Sleep Disorders, Multiple Sclerosis, Autism, Mental Health Conditions, Elevate Mood, Others), Route of Administration (Oral Solutions and Capsules, Smoking, Topicals, Vaporizers, Others), End User (Homecare Settings, Hospital and Rehab Centers, Pharmaceutical Industry, Research and Development Centers, Others), Distribution Channel (B2C, B2B) https://www.databridgemarketresearch.com/reports/global-medical-cannabis-market
Cannabis Infused Products Market, By Product (Skincare, Cosmetics, Haircare, Intimate Lubricants, Pharmaceuticals, Gummies, Pills, Infused Beverages, and Other), Source (Hemp, Marijuana), Distribution Channel (B2B, B2C), End User (Medical, Personal Use, Pharmaceuticals, Wellness) https://www.databridgemarketresearch.com/reports/global-cannabis-infused-products-market
Cannabis Capsule Market, By Product (High THC Capsule, THC/CBD Balanced Capsules, High CBD Capsules Digital), Compound (Tetrahydrocannabinol (THC)-Dominant, Cannabidiol (CBD)-Dominant), Application (Medical, Recreational), End User (Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Sales) https://www.databridgemarketresearch.com/reports/global-cannabis-capsule-market
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