The Middle East and Africa Cannabis Seeds Market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 12.5% in the forecast period of 2020 to 2027 and is expected to reach USD 7,000,548.00 million by 2027. The rising awareness about the benefits of cannabis seeds and increasing number of health conscious consumers is helping the cannabis seeds market to grow in the region.
The cannabis seeds market is growing tremendously with the legalization of cannabis in 33 out of 50 states. The cannabis seeds are instrumental to the type of cannabis plants grown. These seeds can be of various types including regular, auto-flower and feminized depending on the type of plant to be grown. The breeding of strains is done to produce the desired quality of strains. The cannabis seeds have two very important chemicals in them namely, cannabidiol (CBD) which is a non-psychoactive element and tetrahydrocannabinol (THC) which is the psychoactive element. Depending on them, there are two seed varieties which are cannabidiol (CBD) and tetrahydrocannabinol (THC) dominant.
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Competitive Landscape and Cannabis Seeds Market Share Analysis
The cannabis seeds market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and source lifeline curve. The above data points provided are only related to the company’s focus related to the cannabis seeds market.
The major player covered in the Middle East and Africa cannabis seeds market report is Green House Seed Co. among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product launches and agreements are also initiated by the companies’ worldwide which are also accelerating the cannabis seeds market.
Middle East and Africa Cannabis Seeds Market Country Level Analysis
Middle East and Africa cannabis seeds market is analysed and market size information is provided by the country, seed type, strain, compound, category, distribution channel and type of vendors as referenced above.
The countries covered in the Middle East and Africa cannabis seeds market report are South Africa, and Rest of Middle East and Africa.
South Africa is dominating in the Middle East and Africa cannabis seeds market since the demand for the cannabis seeds are more in the country as the country is legalized for medicinal and recreational use.
The country section of the cannabis seeds market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Raised Demand for Hydroponics Gardening of Cannabis at Home is an Opportunity for Middle East and Africa Cannabis Seeds market
The cannabis seeds market also provides you with detailed market analysis for every country growth in particular industry with cannabis seeds sales, impact of business expansion in the cannabis seeds and changes in regulatory scenarios with their support for the cannabis seeds market. The data is available for historic period 2010 to 2018.
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Cannabis Seeds Market Scope and Market Size
The cannabis seeds market is segmented into six notable segments which are bifurcated on the basis of seed type, strain, compound, category, distribution channel and type of vendors. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
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Middle East and Africa Cannabis Seeds Market Report Answers the Following Questions:
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