The global demand for Cannabis Concentrate Market is presumed to reach the market size of nearly USD 3.63 BN by 2030 from USD 2.24 BN in 2022 with a CAGR of 6.21% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX MT in 2022 and forecast to touch XX MT by 2030 with a CAGR of XX% during 2023-2030.
Cannabis concentrate, often simply referred to as "concentrate," is a highly potent and refined product derived from the cannabis plant. It is produced by extracting the most desirable compounds, including cannabinoids (such as THC and CBD) and terpenes, from the plant material, resulting in a concentrated form of these active ingredients. These are known for their high potency and diverse forms, offering users various consumption options.
Market Dynamics
The market for cannabis concentrates is on the rise, driven by a multitude of factors. Medical users appreciate the precision in dosing, while recreational users seek intense and customized experiences. Advances in vaporization technology, discreet consumption methods, and a vibrant dabbing culture have all played pivotal roles in driving the popularity of concentrates. Moreover, the growing availability of information and education about cannabis concentrates has led to increased awareness and interest among consumers. As cannabis legalization spreads, the concentrate market expands, resulting in product innovation and consumer acceptance. The emergence of well-known and trusted concentrate brands, along with a focus on clean and safe products, has further bolstered market growth. Investment in the cannabis industry has brought competition and innovation, leading to the development of new concentrate products and brands. The cannabis concentrate market is evolving with the broader cannabis industry, and it is likely to continue its growth trajectory in the coming years.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of cannabis concentrate. The growth and trends of Cannabis Concentrate Industry provide a holistic approach to this study.
Market Segmentation
This section of the cannabis concentrate market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Shatter
- Budder
- Rosin
- Live Resin
- Others
By End Use
- Industrial
- Pharmaceuticals
- Food Industry
- Dietary Supplements
- Cosmetics & Personal Care
- Recreational
By Distribution Channel
- Direct
- Indirect
- Pharmacy Stores
- Specialty Stores
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Cannabis Concentrate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Cannabis Concentrate Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cannabis concentrate market include Indiva Limited, Cannabis Sativa Inc., Westleaf Inc., Aurora Cannabis Inc., Cannara Biotech, Inc., World Class Extractions Inc., General Cannabis Corp., Medical Marijuana Inc., Canopy Growth Corporation, The Supreme Cannabis Company, Inc., MediPharm Labs, Radient Technologies Inc., Neptune Wellness Solutions, Valens GroWorks Corporation, Still Canna Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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