Insights from BCC Research

Cannabis: 4 Fastest-Growing Markets Infographic

Cannabis image

We watch the global cannabis market pretty closely and we want to make it easier for you to watch it, too.

That’s why we put together a list of the fastest-growing markets in cannabis that you should definitely keep an eye on. 


Cannabis Cultivation24.6% 

Projected Revenue: $4.5B by 2024 from $1.5B in 2019 

Full Report: Cannabis Market: Products, Technologies and Application 
 

Cannabis Extraction: 24.6% 

Projected Revenue: $600M by 2024 from $200M from 2019 

Full Report: Cannabis Market: Products, Technologies and Application 
 

Cannabis Testing: 21.9% 

Projected Revenue: $2150B by 2024 from $800M from 2019 

Full Report: Cannabis Market: Products, Technologies and Application 
 

Drug Development and Cannabis: 20.1% 

Projected Revenue: $300M by 2024 from $120M from 2019 

Full Report: Cannabis Market: Products, Technologies and Application 
 

Written by Sarah Greenberg on Dec 31, 2020 12:44:12 PM

Sarah Greenberg is the Manager of Content Marketing at BCC Research. She creates our blog, social media and email content.