This Influential U.S. Cannabis Seeds Marketreport contains required points about market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analysis of opportunities in terms of emerging revenue pockets. The report comprises of variability in CAGR values during the forecast period of 2020-2027. To confer on clients with the best results, this U.S. Cannabis Seeds market research document is made by using integrated approaches and latest Trends. Some are the key & emerging players that are part of coverage and were profiled in current version are Seed Cellar, HUMBOLDT SEED COMPANY, BARNEY’S FARM, CANNABIS SEEDS USA, Dinafem Seeds, Seeds For Me, DeliciousSeeds, Christiania Seeds, and Crop King Seeds.
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An introduction of U.S. Cannabis Seeds Market 2020
U.S. cannabis seeds market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 16.2% in the forecast period of 2020 to 2027 and expected to reach USD 1,534.43 million by 2027. Increasing medicinal usage and increased number of users are the major factor for the growth of the market.
Cannabis seeds are useful for medical purpose as it contains certain chemical compound in it. In the U.S., demand of cannabis is high, due to its legalization and awareness among people. These seeds are provided by various seedbanks in the U.S., such as Cannabis Seeds USA, and Dinafem Seeds among others. The seeds are mostly utilized by growers either for indoor or outdoor farming. In present time, it is also used in different industrial sector such as foods, and cosmetics among others. For fulfilling the increasing demand, seed providers are developing and providing new seeds in market with clean genetics. For instance,
In May 2020, Barney’s farm has released WEDDING CAKE AUTO which is a new addition in the autoflowering seeds. It has a very high level of THC and it will widen their product portfolio and also lead to increased revenue generation.
Crucial Market Segment details-:
- By Seeds Type (Regular Seeds, Feminized Seeds, Autoflowering Seeds),
- Strain (Indica, Hybrid, Sativa),
- Compound (THC Dominant, CBD Dominant, Balanced THC & CBD),
- Category (Inorganic, Organic),
- Distribution Channel (Store Based Retailing, Online/E-Commerce Retailing),
- Type of Vendors (Resellers, Breeders, Seed Manufacturing Companies),
- Usage (Medicinal, Food & Beverage, Cosmetics, Others) Industry Trends and Forecast to 202