BCC Research Blog | Industry Analysis and Business Consulting

Cannabis: 4 Fastest-Growing Markets Infographic

Written by Sarah Greenberg | Dec 31, 2020 5:44:12 PM

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