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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


NEW YORK, July 19, 2022 /PRNewswire/ -- Data Bridge Market research has recently released expansive research titled "Global Cannabis Seeds Market" guarantees you will remain better informed than your competition. This study provides the broader perspective of the market place with its comprehensive market insights and analysis which eases surviving and succeeding in the market. The Cannabis Seeds report includes a range of inhibitors as well as driving forces of the market which are analysed in both qualitative and quantitative approach so that readers and users get precise information and insights about this industry. Statistical data mentioned in the report is symbolized with the help of graphs which simplifies the understanding of facts and figures. The Cannabis Seeds report helps define commerce strategies to the businesses of small, medium as well as large size. The analysis and estimations conducted via this report help to get an idea about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values.

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According to Data Bridge Market Research, 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.

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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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