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The Mexico medical cannabis market size was estimated at nearly USD 0.08 billion in 2020. The market is expected to grow at a CAGR of 46.4% over the forecast period of 2021-2026 to reach USD 0.68 billion by 2026
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The growing acceptance of medical cannabis to treat chronic circumstances like cancer, neurological diseases, and chronic pain is the main factor driving for the industry for medical cannabis in Mexico.
Cannabis or marijuana is a psychoactive drug, which is derived from the cannabis plant, which is further used for medical purposes. The Mexico medical cannabis market can be divided based on segments like products and applications.
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The industry can be divided based on its products as buds, oils, and tinctures.
The industry can be broadly categorised based on its application into:
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Due to the significant population and patient pool, medical cannabis is anticipated to emerge as one of the most profitable enterprises to enter Mexico in the coming years. Different research studies have demonstrated the potential benefits of cannabis in cancer treatment, thus increasing its demand for cancer therapy. The growing burden of disease and the increasing cannabis use for medical purposes are anticipated to drive the demand for the product over the forecast period. The oil segment is anticipated to emerge as the fastest growing segment by 2026.
The report presents a detailed analysis of the following key players in the Mexico medical cannabis market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application|
|Breakup by Product||Buds, Oils, Tinctures|
|Breakup by Application||Chronic Pain, Mental Disorders, Cancer, Others|
|Market Dynamics||SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||Sartorius AG, Aurora Cannabis, GW Pharmaceuticals, plc., Canopy Growth Corporation., HempMeds, CV Sciences, Inc., ENDOCA, Isodiol International, Inc., CBD Life, PharmaCielo, Others|
|Report Price and Purchase Option||Explore our purchase options that are best suited to your resources and industry needs.|
|Delivery Format||Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.|
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Mexico Medical Cannabis Market Analysis
6.1 Mexico Medical Cannabis Market (2016-2020) & Forecast (2021-2026)
6.2 Mexico Medical Cannabis Market Breakup by Product
6.3 Mexico Medical Cannabis Market Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
6.4 Mexico Medical Cannabis Market by Application
6.4.1 Chronic Pain
6.4.2 Mental Disorders
6.5 Mexico Medical Cannabis Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
6.5.1 Chronic Pain
6.5.2 Mental Disorders
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Competitive Landscape & Supplier Analysis
9.1 Sartorius AG
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Aurora Cannabis
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 GW Pharmaceuticals, plc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Canopy Growth Corporation.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 CV Sciences, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.7.1 Company Overview
9.7.2 Financial Analysis
9.8 Isodiol International, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.9 CBD Life
9.9.1 Company Overview
9.9.2 Financial Analysis
9.10.1 Company Overview
9.10.2 Financial Analysis
10 Industry Events and Developments
Additional Customisations Available:
1 Manufacturing Process
1.1 Detailed Process Flow
1.2 Operations Involved
1.3 Mass Balance
2 Cost Analysis and Project Economics
2.1 Land, Location and Site Development
2.3 Plant Machinery
2.4 Cost of Raw Material
2.9 Other Capital Investment
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