The global demand for Cannabis Oil Extraction Machine Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020- 2026.
Cannabis oil, also known as hash oil can be obtained by extraction of cannabis or hashish. It is an oleo resin but also contains terpenes. This oil can be extracted by solvent extraction method by utilizing commercial or industrial cannabis extraction equipments. Cannabis is mostly used for recreation or as a medicinal drug, although it may also be used for spiritual purposes. To get high quality of hash oil an oil extraction machine is employed because this equipment helps retaining the taste and smell of an oil during and after extraction. Moreover, this machine allows switching its position in the industry as well as it has fast processing capability.
Factor such as user friendliness, wide range of prices, flexibility, fast operational ability of cannabis oil extraction machine are anticipated to boost the market. Moreover, the safety controls, standardized quality, longer period of warranty, durability and its part availability are also expected to boost the market. Furthermore, cannabis oil related medical benefits such as stress relieving property, reduction in insomnia, anti-inflammatory and some cancer curing activity are also expected to boost the market in upcoming year. However, use of proper solvents and good quality of plants are needed to get superior quality of hash oil in the process of extraction this may restrain the market.
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 inclusive assessment of each application/product segment in the global market of cannabis oil extraction machine.
The entire cannabis oil extraction machine market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Sub/Supercritical CO2 Extraction Machine
- Ethanol Extraction Machine
- Hydrocarbon Extraction Machine
- Solvent-less Extraction Machine
- Recreational Cannabis
- Medical Cannabis
This section covers regional segmentation which accentuates on current and future demand for cannabis oil extraction machine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Cannabis Oil Extraction Machine Market By Revenue (USD MN)
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 oil extraction machine market include Precision, Integrated Extraction, Apeks Supercritical, Capna Systems, MediPharm Lab, Eden Labs, Cedarstone Industry, extract LAB and Dragonfly Technologies. This section includes 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.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.