Cannabis Seeds Market to Grow at a CAGR of 18.7% to reach US$ 4,642.6 million from 2021 to 2028
The cannabis seeds market was valued at US$ 1,217.4 million in 2020 and is projected to reach US$ 4,642.6 million by 2028; it is expected to grow at a CAGR of 18.7% from 2021 to 2028.
Cannabis is a genus of flowering plants in the Cannabaceaem family. Its three species are cannabis sativa, cannabis indica, and cannabis ruderalis. Cannabis seeds are rich in protein; fiber; and healthful fatty acids, such as omega-3s and omega-6s. The seeds are high in arginine (amino acid) and gamma-linolenic acid (fatty acid) content. These substances help reduce the risk of heart diseases, cure chronic pain, and improve neurological and other conditions. Other nutrients found in these seeds are calcium, potassium, vitamin E, sulphur, phosphorous, magnesium, and zinc. These are rich in vitamin E and can be eaten by those who are unable to tolerate nuts, gluten, lactose, or sugar. The rising demand for cannabis from the medical industry and for recreational use drive the growth of the cannabis seeds market. In 2020, North America held the largest revenue share of the global cannabis seeds market. The market is growing across the region due to the increasing legalization of cannabis for medical and recreational purposes in North America. Furthermore, the medical application of cannabis is rapidly expanding as consumers become aware of its medicinal benefits. The presence of firms such as Medical Marijuana Inc.; Aphria Inc.; and Tilray, Inc. in North America contributes to the growth of the cannabis seeds market in the region. Furthermore, these businesses are interested in mergers and acquisitions, as well as expanding their production areas, all of which will help to enhance the cannabis seed industry in the region in the coming years.
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Cannabis Seeds Market: Strategic Insights
Market Size Value in US$ 1,217.4 million in 2020 Market Size Value by US$ 4,642.6 million by 2028 Growth rate CAGR of 18.7% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2020
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Cannabis Seeds Market: Strategic Insights
| Market Size Value in | US$ 1,217.4 million in 2020 |
| Market Size Value by | US$ 4,642.6 million by 2028 |
| Growth rate | CAGR of 18.7% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2020 |
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The ongoing COVID-19 pandemic has had a relatively moderate impact on the cannabis seeds market. For instance, according to the 2021 World Drug Report, during the pandemic in 2020, more than half (56%) of people who had used cannabis in the past 12 months said that they had used the same amount of cannabis before the pandemic. Almost a third (31%) of cannabis users aged 24 and under reported using more cannabis than those aged 25 and above (19%).
The pandemic helped to develop more awareness and interest in the medical sector of cannabis. Various research has also been carried out during the COVID-19 pandemic, which focuses on the use of cannabis for the treatment of COVID-19. For instance, cannabis has shown great potential in the fight against COVID-19, largely due to its anti-inflammatory properties. The study published recently in Aging shows that cannabis could significantly improve the condition of COVID-19 patients by reducing a cytokine storm and protecting lung tissue from inflammatory damage. Research also shows that cannabis and its compounds have other important therapeutic properties, such as pain relief and anxiety reduction. While these may provide treatment to COVID-19 patients, more research into cannabis's pain-relieving and anxiety-reducing qualities on COVID-19 patients is required before any conclusions. Along with this, a lot of countries during this pandemic have been hit with tax shortfalls. The government of countries are looking for various sources of tax income. A potential source of tax income can be the legalization of cannabis, which could become progressively engaging. An increase in the sale of cannabis by legal sellers would provide a potential tax income gain in the coming years.
Market Insights
Rising Use of Cannabis for Medicinal and Therapeutic Purposes
The medical application of cannabis is witnessing tremendous growth as consumers are becoming more aware of the medicinal benefits of cannabis. Cannabis helps cure chronic pain and improves neurological and other conditions. It also helps with chemotherapy-induced nausea and vomiting. Nausea and vomiting associated with chemotherapy are a significant burden for affected patients. Cannabinoids have been shown to be useful as antiemetics for cancer patients undergoing chemotherapy. While the exact mechanisms of action are not well understood, researchers believe that the ability of cannabinoids to act on non-serotonergic receptors such as the CB1 receptor is responsible for their ability to delay nausea and vomiting in patients. In addition, cannabis has been used as a possible treatment for several neurological disorders, including epilepsy, amyotrophic lateral sclerosis (ALS), Huntington's disease, Parkinson's disease, dementia, and traumatic brain injury.
Moreover, cannabis seeds boost the immune system, help eliminate toxins, and aid in the healing process. Cannabis seeds are high in omega-3 and omega-6 fatty acids, which are beneficial for health. Moreover, they have a high concentration of vitamin E, minerals, trace elements (such as zinc, iron, magnesium, calcium, and phosphorus), digestive fiber, antioxidants, chlorophyll, and immune-boosting secondary plant substances. Cannabis seeds contain a variety of compounds that are good for heart health. One of these compounds, the amino acid arginine, is known to help improve blood flow in the body and help maintain optimal blood pressure. Nitric oxide, which is derived from compounds found in these seeds, is also responsible for helping to relax the muscles of the body and widen the blood vessels to allow free blood flow. The seeds can help lower blood pressure significantly and reduce the likelihood of blood clots and provide speedy recovery from a heart attack. Whole cannabis seeds can aid digestive health, owing to the soluble and insoluble fiber contained in the seeds. Thus, the rising use of cannabis for medicinal and therapeutic purposes has increased the demand for cannabis seeds, driving the cannabis seeds market.
Type Insights
Based on type, the cannabis seeds market is segmented into regular seeds, feminized seeds, and autoflowering seeds. The feminized seeds segment is expected to register the highest CAGR during the forecast period. Feminized cannabis seeds are genetically modified to produce exclusively female plants. The primary benefit for producers that utilize feminized cannabis seeds is that they do not have to identify or eliminate pollinating male plants. Growers have several advantages of using feminized cannabis seeds. Feminized seeds make the growth process easy and save a lot of effort by eliminating the trouble of determining the male and female cannabis plants. These seeds help the growers to create clones plants.
Strain Insights
Based on strain, the cannabis seeds market is segmented into hybrid, sativa, and indica. The sativa segment held the largest share in the market in 2020. Cannabis sativa grows in hot, arid regions like Africa, Central America, Southeast Asia, and parts of Western Asia. Sativa typically has lower CBD levels and higher TCH levels. Sativa is known for its stimulating and anxiety-relieving properties. Sativa-dominant induce productivity and creativity while reducing tiredness. Because of high THC levels, psychological problems such as depression, PTSD, and anxiety are better treated with sativa strains. Therefore, sativa strains are being used to manufacture medicinal drugs that treat psychological disorders.
Distribution Channel Insights
Based on distribution channel, the cannabis seeds market is segmented into wholesalers and distributors, specialty stores, and online retail. The wholesalers and distributors segment led the market with the largest share in 2020. Wholesalers and distributors of cannabis seeds are dedicated to supplying cannabis seeds to licensed retailers and dispensaries. They might be cultivators or producers of cannabis seeds or licensed third-party distributors or dealers. The third-party distributors purchase cannabis seeds in bulk from commercial cultivators and are responsible for distributing them to licensed retail stores and dispensaries. Distributors of cannabis seeds can distribute and store the seeds and function as an external sales staff for the wholesaler. Factors such as vast distribution network, bulk supply, and availability of various strains of cannabis seeds boost the sales of cannabis seeds by wholesalers and distributors.
Key market players operating in the cannabis seeds market are Christiania Seeds, Barney’s Souvenirs BV, Mountain Top Seed Bank, Paradise Seeds Family, Seed Supreme, Sensi Seeds, Serious Seeds, Sweet Seeds, The Seed Cellar, and Dutch Passion. Major market players are adopting strategies such as mergers and acquisitions and expansion of their geographical presence and consumer base globally.
Report Spotlights
- Progressive industry trends in the global cannabis seeds market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the global cannabis seeds market from 2019 to 2028
- Estimation of the demand for cannabis seeds across various industries
- Recent developments to understand the competitive market scenario and the demand for cannabis seeds
- Market trends and outlook coupled with factors driving and restraining the growth of the cannabis seeds market
- Decision-making process by understanding strategies that underpin commercial interest with regard to global cannabis seeds market growth
- Cannabis seeds market size at various nodes of market
- Detailed overview and segmentation of the global cannabis seeds market, as well as its dynamics in the industry
- Cannabis seeds market size in various regions with promising growth opportunities
Cannabis Seeds Market Report Scope
Cannabis Seeds Market, by Type
- Regular Seeds
- Feminized Seeds
- Autoflowering Seeds
Cannabis Seeds Market, by Category
- Organic
- Conventional
Cannabis Seeds Market, by Strain
- Hybrid
- Sativa
- Indica
Cannabis Seeds Market, by Distribution Channel
- Wholesalers and Distributors
- Specialty Stores
- Online Retail
Company Profiles
- Christiania Seeds
- Barney’s Souvenirs BV
- Mountain Top Seed Bank
- Paradise Seeds Family
- Seed Supreme
- Sensi Seeds
- Serious Seeds
- Sweet Seeds
- The Seed Cellar
- Dutch Passion
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Category, Strain and Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Canada, China, India, Mexico, South Africa, United Kingdom, United States
Frequently Asked Questions
Conventional segment led the cannabis seeds market in 2020. The goal of large-scale commercial cannabis cultivation is to maximize yields. Therefore, commercial growers prefer conventional methods to produce cannabis because the process is easier, cheaper, and gives higher yields than organic methods. Conventional methods for cultivating cannabis involve the utilization of chemical fertilizers, pesticides, and other synthetic agents that provide better yields at cheaper costs. However, due to the rising inclination toward sustainable and organic products, conventional cannabis seeds are becoming less popular. Moreover, organically grown cannabis plants are rich in micronutrients and generate superior smoke, which further boosts their popularity compared to conventional cannabis plants. Therefore, the growing popularity of organic cannabis may potentially hinder the demand for conventional cannabis over the forecast period.
Rising use of cannabis for medicinal and therapeutic purposes and the increasing legalization of cannabis in various countries these factors are driving the growth of global cannabis seeds market. Tissue culture propagation, also known as micropropagation is becoming a new trend, for cannabis seeds market which will be more prevalent in the coming years.
Online retail segment is the fastest growing segment in the global cannabis seeds market during the forecasted period. Online retail is one of the major platforms for the sale of cannabis seeds. Customers can choose from a wide variety of cannabis seeds available under a single roof. Moreover, online platforms provide high convenience and ease of purchasing marijuana-related products, including cannabis seeds. Online retailers of cannabis seeds also offer various payment options such as ACH, bitcoin, and wire transfer, among others, to provide hassle-free services to their consumers. Some online retailers also provide stealth shipping options which is considered one of the safest modes of shipping cannabis seeds. Therefore, the growing preference for online platforms to purchase cannabis seeds, owing to their superior services and convenience offered, is expected to drive the segment over the forecast period.
Feminized cannabis seeds are genetically modified to produce exclusively female plants. This modification enables easy and cost-effective cultivation of cannabis by eliminating the male counterparts. Feminized seeds are more likely to generate photoperiod plants. The primary benefit for producers that utilize feminized cannabis seeds is that they do not have to identify or eliminate pollinating male plants. Growers have several advantages of using feminized cannabis seeds. Feminized seeds make the growth process easy and save a lot of effort by eliminating the trouble of determining the male and female cannabis plants. Growers who utilize feminized seeds instead of regular seeds save time and money by not having to spend weeks nursing plants that only have a 50% chance of yielding, and they may make better use of their space by increasing the number of plants they have. These factors are enhancing the popularity of feminized cannabis seeds over regular seeds among the growers.
The major players operating in the cannabis seeds market are Christiania Seeds, Barney’s Souvenirs Bv, Mountain Top Seed Bank, Paradise Seeds Family, Seed Supreme, Sensi Seeds, Serious Seeds, Sweet Seeds, The Seed Cellar, Dutch Passion among others.
In 2020, North America held the largest revenue share of the global cannabis seeds market. Due to the increasing legalization of cannabis for medical and recreational purposes in North America, the cannabis seeds market has seen a lot of growth prospects. Furthermore, as consumers become more aware of the medicinal benefits of cannabis, the medical application of cannabis is rapidly expanding. The presence of firms like Medical Marijuana Inc., Aphria Inc., and Tilray, Inc., among others, contributes to the cannabis seeds market's growth in North America. Furthermore, these businesses are interested in mergers and acquisitions, as well as expanding their production areas, all of which will help to enhance the cannabis seed industry in the region.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Cannabis Seeds Market, by Type
1.3.2 Cannabis Seeds Market, by Category
1.3.3 Cannabis Seeds Market, by Strain
1.3.4 Cannabis Seeds Market, by Distribution Channel
1.3.5 Cannabis Seeds Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
3.2.8 Limitations & Assumptions
4. Global Cannabis Seeds Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. Cannabis Seeds Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Use of Cannabis for Medicinal and Therapeutic Purposes
5.1.2 Increasing Legalization of Cannabis in Various Countries
5.2 Market Restraints
5.2.1 Complex Regulatory Structure
5.3 Market Opportunities
5.3.1 Rising Adoption of Cannabis Seeds for Recreational Purpose
5.4 Future Trend
5.4.1 New Technologies
5.5 Impact Analysis
6. Cannabis Seed Market – Global Market Analysis
6.1 Cannabis Seeds Market Overview
6.2 Cannabis Seeds Market –Revenue and Forecast To 2028 (US$ Million)
6.3 Competitive Positioning – Key Market Players
7. Cannabis Seeds Market- By Type
7.1 Overview
7.2 Cannabis Seeds Market, By Type (2020 and 2028)
7.3 Regular Seeds
7.3.1 Overview
7.3.2 Regular Seeds: Cannabis Seeds Market- Revenue and Forecasts to 2028 (US$ Mn)
7.4 Autoflowering Seeds
7.4.1 Overview
7.4.2 Autoflowering Seeds: Cannabis Seeds Market- Revenue and Forecasts to 2028 (US$ Mn)
7.5 Feminized Seeds
7.5.1 Overview
7.5.2 Feminized Seeds: Cannabis Seeds Market- Revenue and Forecasts to 2028 (US$ Mn)
8. Cannabis Seeds Market- By Category
8.1 Overview
8.2 Cannabis Seeds Market, By Type (2020 and 2028)
8.3 Organic
8.3.1 Overview
8.3.2 Organic: Cannabis Seeds Market- Revenue and Forecasts to 2028 (US$ Mn)
8.4 Conventional
8.4.1 Overview
8.4.2 Conventional: Cannabis Seeds Market- Revenue and Forecasts to 2028 (US$ Mn)
9. Cannabis Seeds Market Analysis – By Strain
9.1 Overview
9.2 Cannabis Seeds Market, By Strain (2020 and 2028)
9.3 Hybrid
9.3.1 Overview
9.3.2 Hybrid: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Mn)
9.4 Sativa
9.4.1 Overview
9.4.2 Sativa: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Mn)
9.5 Indica
9.5.1 Overview
9.5.2 Indica : Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Mn)
10. Cannabis Seeds Market Analysis – By Distribution Channel
10.1 Overview
10.2 Cannabis Seeds Market, By Distribution Channel (2020 and 2028)
10.3 Wholesalers and Distributors
10.3.1 Overview
10.3.2 Wholesalers and Distributors: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Mn)
10.4 Specialty Stores
10.4.1 Overview
10.4.2 Specialty Stores: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Mn)
10.5 Online Retail
10.5.1 Overview
10.5.2 Online Retail: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Mn)
11. Cannabis Seeds Market – Geographic Analysis
11.1 Overview
11.2 North America: Cannabis Seeds Market
11.2.1 North America: Cannabis Seeds Market –Revenue and Forecast to 2028 (US$ Million)
11.2.2 North America: Cannabis Seeds Market, By Type
11.2.3 North America: Cannabis Seeds Market, By Category
11.2.4 North America: Cannabis Seeds Market, By Strain
11.2.5 North America: Cannabis Seeds Market, by Distribution Channel
11.2.6 North America: Cannabis Seeds Market, by Key Country
11.2.6.1 US: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.1.1 US: Cannabis Seeds Market, by Type
11.2.6.1.2 US: Cannabis Seeds Market, by Category
11.2.6.1.3 US: Cannabis Seeds Market, by Strain
11.2.6.1.4 US: Cannabis Seeds Market, by Distribution Channel
11.2.6.2 Canada: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.2.1 Canada: Cannabis Seeds Market, by Type
11.2.6.2.2 Canada: Cannabis Seeds Market, by Category
11.2.6.2.3 Canada: Cannabis Seeds Market, by Strain
11.2.6.2.4 Canada: Cannabis Seeds Market, by Distribution Channel
11.2.6.3 Mexico: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
11.2.6.3.1 Mexico: Cannabis Seeds Market, by Type
11.2.6.3.2 Mexico: Cannabis Seeds Market, by Category
11.2.6.3.3 Mexico: Cannabis Seeds Market, by Strain
11.2.6.3.4 Mexico: Cannabis Seeds Market, by Distribution Channel
11.3 Europe
11.3.1 Europe: Cannabis Seeds Market –Revenue and Forecast to 2028 (US$ Million)
11.3.2 Europe: Cannabis Seeds Market, by Type
11.3.3 Europe: Cannabis Seeds Market, by Category
11.3.4 Europe: Cannabis Seeds Market, by Strain
11.3.5 Europe: Cannabis Seeds Market, by Distribution Channel
11.3.6 Europe: Cannabis Seeds Market, by Key Country
11.3.6.1 UK: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.1.1 UK: Cannabis Seeds Market, by Type
11.3.6.1.2 UK: Cannabis Seeds Market, by Category
11.3.6.1.3 UK: Cannabis Seeds Market, by Strain
11.3.6.1.4 UK: Cannabis Seeds Market, by Distribution Channel
11.3.6.2 Rest of Europe: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
11.3.6.2.1 Rest of Europe: Cannabis Seeds Market, by Type
11.3.6.2.2 Rest of Europe: Cannabis Seeds Market, by Category
11.3.6.2.3 Rest of Europe: Cannabis Seeds Market, by Strain
11.3.6.2.4 Rest of Europe: Cannabis Seeds Market, by Distribution Channel
11.4 Asia-Pacific: Cannabis Seeds Market
11.4.1 Asia-Pacific: Cannabis Seeds Market –Revenue and Forecast to 2028 (US$ Million)
11.4.2 Asia-Pacific: Cannabis Seeds Market, by Type
11.4.3 Asia-Pacific: Cannabis Seeds Market, by Category
11.4.4 Asia-Pacific: Cannabis Seeds Market, by Strain
11.4.5 Asia-Pacific: Cannabis Seeds Market, by Distribution Channel
11.4.6 Asia-Pacific: Cannabis Seeds Market, by Key Country
11.4.6.1 Australia: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.1.1 Australia: Cannabis Seeds Market, by Type
11.4.6.1.2 Australia: Cannabis Seeds Market, by Category
11.4.6.1.3 Australia: Cannabis Seeds Market, by Strain
11.4.6.1.4 Australia: Cannabis Seeds Market, by Distribution Channel
11.4.6.2 China: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.2.1 China: Cannabis Seeds Market, by Type
11.4.6.2.2 China: Cannabis Seeds Market, by Category
11.4.6.2.3 China: Cannabis Seeds Market, by Strain
11.4.6.2.4 China: Cannabis Seeds Market, by Distribution Channel
11.4.6.3 India: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.3.1 India: Cannabis Seeds Market, by Type
11.4.6.3.2 India: Cannabis Seeds Market, by Category
11.4.6.3.3 India: Cannabis Seeds Market, by Strain
11.4.6.3.4 India: Cannabis Seeds Market, by Distribution Channel
11.4.6.4 Rest of Asia-Pacific: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
11.4.6.4.1 Rest of Asia-Pacific: Cannabis Seeds Market, by Type
11.4.6.4.2 Rest of Asia-Pacific: Cannabis Seeds Market, by Category
11.4.6.4.3 Rest of Asia-Pacific: Cannabis Seeds Market, by Strain
11.4.6.4.4 Rest of Asia-Pacific: Cannabis Seeds Market, by Distribution Channel
11.5 Middle East and Africa: Cannabis Seed Market
11.5.1 Middle East and Africa: Cannabis Seed Market –Revenue and Forecast to 2028 (US$ Million)
11.5.2 Middle East and Africa: Cannabis Seed Market, by Type
11.5.3 Middle East and Africa: Cannabis Seed Market, by Category
11.5.3.1 Middle East and Africa Cannabis Seed Market, by Category– Revenue and Forecast to 2028 (US$ Million)
11.5.4 Middle East and Africa: Cannabis Seed Market, by Strain
11.5.4.1 Middle East and Africa Cannabis Seed Market, by Strain – Revenue and Forecast to 2028 (US$ Million)
11.5.5 Middle East and Africa: Cannabis Seed Market, by Distributional Channel
11.5.5.1 Middle East and Africa Cannabis Seed Market, by Distributional Channel – Revenue and Forecast to 2028 (US$ Million)
11.5.6 Middle East and Africa: Cannabis Seed Market, by Key Country
11.5.6.1 South Africa: Cannabis Seed Market –Revenue and Forecast to 2028 (US$ Million)
11.5.6.1.1 South Africa: Cannabis Seed Market, by Type
11.5.6.1.2 South Africa: Cannabis Seed Market, by Category
11.5.6.1.3 South Africa: Cannabis Seed Market, by Strain
11.5.6.1.4 South Africa: Cannabis Seed Market, by Distributional Channel
11.5.6.2 Rest of MEA: Cannabis Seed Market –Revenue and Forecast to 2028 (US$ Million)
11.5.6.2.1 Rest of MEA: Cannabis Seed Market, by Type
11.5.6.2.2 Rest of MEA: Cannabis Seed Market, by Category
11.5.6.2.3 Rest of MEA: Cannabis Seed Market, by Strain
11.5.6.2.4 Rest of MEA: Cannabis Seed Market, by Distributional Channel
11.6 South America: Cannabis Seeds Market
11.6.1 South America: Cannabis Seeds Market–Revenue and Forecast to 2028 (US$ Million)
11.6.2 South America: Cannabis Seeds Market, by Type
11.6.3 South America: Cannabis Seeds Market, by Category
11.6.4 South America: Cannabis Seeds Market, by Strain
11.6.5 South America: Cannabis Seeds Market, by Distribution Channel
11.6.6 South America: Cannabis Seeds Market, by Key Country
11.6.6.1 Argentina: Cannabis Seeds Market–Revenue and Forecast to 2028 (US$ Million)
11.6.6.1.1 Argentina: Cannabis Seeds Market, by Type
11.6.6.1.2 Argentina: Cannabis Seeds Market, by Category
11.6.6.1.3 Argentina: Cannabis Seeds Market, by Strain
11.6.6.1.4 Argentina: Cannabis Seeds Market, by Distribution Channel
11.6.6.2 Rest of South America: Cannabis Seeds Market–Revenue and Forecast to 2028 (US$ Million)
11.6.6.2.1 Rest of South America: Cannabis Seeds Market, by Type
11.6.6.2.2 Rest of South America: Cannabis Seeds Market, by Category
11.6.6.2.3 Rest of South America: Cannabis Seeds Market, by Strain
11.6.6.2.4 Rest of South America: Cannabis Seeds Market, by Distribution Channel
12. Impact Of Covid-19 Pandemic On Global Cannabis Seed Market
12.1 Overview
13. Key Company Profiles
13.1 Christiania Seeds
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Barney’s Souvenirs Bv
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Mountain Top Seed Bank
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Paradise Seeds Family
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Seed Supreme
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Sensi Seeds
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Serious Seeds
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Sweet Seeds
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 The Seed Cellar
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Dutch Passion
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. Cannabis Seeds Market –Revenue and Forecast To 2028 (US$ Million)
Table 2. North America Cannabis Seeds Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America Cannabis Seeds Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America Cannabis Seeds Market, by Strain – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America Cannabis Seeds Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 6. US Cannabis Seeds Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. US Cannabis Seeds Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 8. US Cannabis Seeds Market, by Strain – Revenue and Forecast to 2028 (US$ Million)
Table 9. US Cannabis Seeds Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada Cannabis Seeds Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada Cannabis Seeds Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada Cannabis Seeds Market, by Strain – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada Cannabis Seeds Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico Cannabis Seeds Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico Cannabis Seeds Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico Cannabis Seeds Market, by Strain – Revenue and Forecast to 2028 (US$ Million)
Table 17. Mexico Cannabis Seeds Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 18. Europe Cannabis Seeds Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe Cannabis Seeds Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 20. Europe Cannabis Seeds Market, by Strain – Revenue and Forecast to 2028 (US$ Million)
Table 21. Europe Cannabis Seeds Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 22. UK Cannabis Seeds Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 23. UK Cannabis Seeds Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 24. UK Cannabis Seeds Market, by Strain – Revenue and Forecast to 2028 (US$ Million)
Table 25. UK Cannabis Seeds Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 26. Rest of Europe Cannabis Seeds Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 27. Rest of Europe Cannabis Seeds Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 28. Rest of Europe Cannabis Seeds Market, by Strain – Revenue and Forecast to 2028 (US$ Million)
Table 29. Rest of Europe Cannabis Seeds Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 30. Asia Pacific Cannabis Seeds Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 31. Asia Pacific Cannabis Seeds Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 32. Asia Pacific Cannabis Seeds Market, by Strain – Revenue and Forecast to 2028 (US$ Million)
Table 33. Asia Pacific Cannabis Seeds Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 34. Australia Cannabis Seeds Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 35. Australia Cannabis Seeds Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 36. Australia Cannabis Seeds Market, by Strain – Revenue and Forecast to 2028 (US$ Million)
Table 37. Australia Cannabis Seeds Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 38. China Cannabis Seeds Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 39. China Cannabis Seeds Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 40. China Cannabis Seeds Market, by Strain – Revenue and Forecast to 2028 (US$ Million)
Table 41. China Cannabis Seeds Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 42. India Cannabis Seeds Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 43. India Cannabis Seeds Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 44. India Cannabis Seeds Market, by Strain – Revenue and Forecast to 2028 (US$ Million)
Table 45. India Cannabis Seeds Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 46. Rest of Asia-Pacific Cannabis Seeds Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 47. Rest of Asia-Pacific Cannabis Seeds Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 48. Rest of Asia-Pacific Cannabis Seeds Market, by Strain – Revenue and Forecast to 2028 (US$ Million)
Table 49. Rest of Asia-Pacific Cannabis Seeds Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 50. Middle East and Africa Cannabis Seed Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 51. Middle East and Africa Cannabis Seed Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 52. Middle East and Africa Cannabis Seed Market, by Strain– Revenue and Forecast to 2028 (US$ Million)
Table 53. Middle East and Africa Cannabis Seed Market, by Distributional Channel – Revenue and Forecast to 2028 (US$ Million)
Table 54. South Africa Cannabis Seed Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 55. South Africa Cannabis Seed Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 56. South Africa Cannabis Seed Market, by Strain – Revenue and Forecast to 2028 (US$ Million)
Table 57. South Africa Cannabis Seed Market, by Distributional Channel – Revenue and Forecast to 2028 (US$ Million)
Table 58. Rest of MEA Cannabis Seed Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 59. Rest of MEA Cannabis Seed Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 60. Rest of MEA Cannabis Seed Market, by Strain – Revenue and Forecast to 2028 (US$ Million)
Table 61. Rest of MEA Cannabis Seed Market, by Distributional Channel – Revenue and Forecast to 2028 (US$ Million)
Table 62. South America Cannabis Seeds Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 63. South America Cannabis Seeds Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 64. South America Cannabis Seeds Market, by Strain– Revenue and Forecast to 2028 (US$ Million)
Table 65. South America Cannabis Seeds Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 66. Argentina Cannabis Seeds Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 67. Argentina Cannabis Seeds Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 68. Argentina Cannabis Seeds Market, by Strain– Revenue and Forecast to 2028 (US$ Million)
Table 69. Argentina Cannabis Seeds Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 70. Rest of South America Cannabis Seeds Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 71. Rest of South America Cannabis Seeds Market, by Category– Revenue and Forecast to 2028 (US$ Million)
Table 72. Rest of South America Cannabis Seeds Market, by Strain– Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of South America Cannabis Seeds Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 74. Glossary of Terms, Global Cannabis Seeds Market
LIST OF FIGURES
Figure 1. Global Cannabis Seeds Market Segmentation
Figure 2. Cannabis Seeds Market Segmentation – By Geography
Figure 3. Global Cannabis Seeds Market Overview
Figure 4. Feminized Seeds Segment is Expected to Grow at a Fastest CAGR
Figure 5. North America Region Held Largest Share of Global Cannabis Seeds Market
Figure 7. Porter’s Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. Ecosystem: Cannabis Seeds Market
Figure 10. Cannabis Seed Market Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Cannabis Seeds Market
Figure 12. Global: Cannabis Seeds Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Cannabis Seeds Market Revenue Share, By Type (2020 and 2028)
Figure 14. Regular Seeds: Cannabis Seeds Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 15. Autoflowering Seeds: Cannabis Seeds Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. Feminized Seeds: Cannabis Seeds Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. Cannabis Seeds Market Revenue Share, By Type (2020 and 2028)
Figure 18. Organic: Cannabis Seeds Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. Conventional: Cannabis Seeds Market- Revenue and Forecasts to 2028 (US$ Mn)
Figure 20. Cannabis Seeds Market Revenue Share, By Strain (2020 and 2028)
Figure 21. Hybrid: Cannabis Seeds Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Sativa: Cannabis Seeds Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 23. Indica: Cannabis Seeds Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Cannabis Seeds Market Revenue Share, By Distribution Channel (2020 and 2028)
Figure 25. Wholesalers and Distributors: Cannabis Seeds Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 26. Specialty Stores: Cannabis Seeds Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 27. Online Retail: Cannabis Seeds Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 28. Global Cannabis Seeds Market Revenue Share, By Region (2020 and 2028)
Figure 29. North America: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. North America: Cannabis Seeds Market Revenue Share, by Type (2020 and 2028)
Figure 31. North America: Cannabis Seeds Market Revenue Share, by Category (2020 and 2028)
Figure 32. North America: Cannabis Seeds Market Revenue Share, by Strain (2020 and 2028)
Figure 33. North America: Cannabis Seeds Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 34. North America: Cannabis Seeds Market Revenue Share, by Key Country (2020 and 2028)
Figure 35. US: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Canada: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Mexico: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Europe: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Europe: Cannabis Seeds Market Revenue Share, by Type (2020 and 2028)
Figure 40. Europe: Cannabis Seeds Market Revenue Share, by Category (2020 and 2028)
Figure 41. Europe: Cannabis Seeds Market Revenue Share, by Strain (2020 and 2028)
Figure 42. Europe: Cannabis Seeds Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 43. Europe: Cannabis Seeds Market Revenue Share, by Key Country (2020 and 2028)
Figure 44. UK: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Rest of Europe: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. Asia-Pacific: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. Asia-Pacific: Cannabis Seeds Market Revenue Share, by Type (2020 and 2028)
Figure 48. Asia-Pacific: Cannabis Seeds Market Revenue Share, by Category (2020 and 2028)
Figure 49. Asia-Pacific: Cannabis Seeds Market Revenue Share, by Strain (2020 and 2028)
Figure 50. Asia-Pacific: Cannabis Seeds Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 51. Asia-Pacific: Cannabis Seeds Market Revenue Share, by Key Country (2020 and 2028)
Figure 52. Australia: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 53. China: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 54. India: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 55. Rest of Asia-Pacific: Cannabis Seeds Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. Middle East and Africa: Cannabis Seed Market – Revenue and Forecast to 2028 (US$ Million)
Figure 57. Middle East and Africa: Cannabis Seed Market Revenue Share, by Type(2020 and 2028)
Figure 58. Middle East and Africa: Cannabis Seed Market Revenue Share, by Category(2020 and 2028)
Figure 59. Middle East and Africa: Cannabis Seed Market Revenue Share, by Strain (2020 and 2028)
Figure 60. Middle East and Africa: Cannabis Seed Market Revenue Share, by Distributional Channel (2020 and 2028)
Figure 61. Middle East and Africa: Cannabis Seed Market Revenue Share, by Key Country (2020 and 2028)
Figure 62. South Africa: Cannabis Seed Market –Revenue and Forecast to 2028 (US$ Million)
Figure 63. Rest of MEA: Cannabis Seed Market –Revenue and Forecast to 2028 (US$ Million)
Figure 64. South America: Cannabis Seeds Market– Revenue and Forecast to 2028 (US$ Million)
Figure 65. South America: Cannabis Seeds Market Revenue Share, by Type (2020 and 2028)
Figure 66. South America: Cannabis Seeds Market Revenue Share, by Category(2020 and 2028)
Figure 67. South America: Cannabis Seeds Market Revenue Share, by Strain (2020 and 2028)
Figure 68. South America: Cannabis Seeds Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 69. South America: Cannabis Seeds Market Revenue Share, by Key Country (2020 and 2028)
Figure 70. Argentina: Cannabis Seeds Market–Revenue and Forecast to 2028 (US$ Million)
Figure 71. Rest of South America: Cannabis Seeds Market–Revenue and Forecast to 2028 (US$ Million)
Figure 72. Impact of COVID-19 Pandemic on Cannabis Seeds Market
The List of Companies - Cannabis Seeds Market
- Christiania Seeds
- Barney’s Souvenirs Bv
- Mountain Top Seed Bank
- Paradise Seeds Family
- Seed Supreme
- Sensi Seeds
- Serious Seeds
- Sweet Seeds
- The Seed Cellar
- Dutch Passion
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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