Cannabis seeds, obtained from different species of the cannabis plant such as Indica, ruderalis, and sativa, offer valuable nutritional attributes. They are known for their high fiber content, protein, and beneficial fatty acids like omega-6s and omega-3s. As consumers become more aware of the nutritional benefits associated with cannabis seeds, there is a growing demand for these seeds in the market. This demand is driven by individuals seeking natural and nutrient-rich food sources to support their overall health and well-being.
According to Data Bridge Market Research the U.S. Cannabis Seeds Market accounted for USD 2,021.10 million by 2030, which was USD 567.76 million in 2022, registering a CAGR of 17.20% during the forecast period of 2023 to 2030.
“Medicinal characteristics of cannabis seeds”
Cannabis seeds are rich in gamma-linolenic acid and arginine, which contribute to their medicinal properties. These substances have been associated with various health benefits, including the alleviation of chronic pain, improvement of neurological function, and reduction in the risk of heart diseases and other ailments. The recognition of these therapeutic characteristics has sparked increased consumption of cannabis seeds, driving market growth and expansion as more individuals seek natural remedies and health-promoting alternatives.
What restraints the growth of the U.S. cannabis seeds market?
“Challenges due to prevalent myths”
The cannabis seeds market encounters obstacles stemming from common misconceptions. Some investors view the impact of COVID-19 negatively, causing hesitancy in investment. Difficulty in measuring marketing ROI and the perception of consumer marketing as risky discourage potential investors. These factors collectively hinder the growth of the cannabis seeds industry. Overcoming these myths and providing clarity about the market's potential can help attract investors and foster the market's expansion.
Segmentation: U.S. Cannabis Seeds Market
The cannabis seeds market is segmented on the basis of seed type, strain, compound, category, distribution channel, and type of vendors.
- On the basis of seed type, the cannabis seeds market is segmented into regular, feminized, and autoflowering.
- On the basis of strain, the cannabis seeds market is segmented into indica, hybrid, and sativa.
- On the basis of compound, the cannabis seeds market is segmented into tetrahydrocannabinol (thc) dominant, cannabidiol (cbd) dominant, balanced thc and cbd.
- On the basis of category, the cannabis seeds market is segmented into inorganic, organic.
- On the basis of distribution channel, the cannabis seeds market is segmented into store-based retailing, and online/e-commerce retailing.
- On the basis of type of vendors, the cannabis seeds market is segmented into resellers, breeders, and seeds manufacturing companies.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/us-cannabis-seeds-market
Recent Developments in U.S. Cannabis Seeds Market
- In 2021, Canopy Growth, one of the leading cannabis companies worldwide, successfully acquired Supreme Cannabis Company, gaining full ownership of the company. This acquisition significantly strengthens Canopy's position in the Canadian recreational cannabis market. Moreover, it presents immediate opportunities for value growth, with expected synergies of $30 million to be realized within the next two years.
- In 2021, STADA Arzneimittel AG made its entry into the medical cannabis market by partnering with MediPharm Labs. The collaboration aims to introduce two flower products initially, followed by six more in the near future. MediPharm, as a GMP-certified provider, will supply STADA with medicinal cannabis products and extend support in areas such as logistics, manufacturing, and regulatory compliance.
The Prominent Key Players Operating in the U.S. Cannabis Seeds Market Include:
- Seed Cellar (U.S.)
- HUMBOLDT SEED COMPANY (U.S.)
- Tropical Seeds (India)
- Green House Seed Co. (Netherlands)
- DeliciousSeeds (U.K)
- Christiania Seeds (Denmark)
- Nymera (France)
- T.H.Seeds (Netherlands)
- Dutch Passion (Netherlands)
- The Cronos Group (Canada)
- Tilray (U.S.)
- Marley Natural (U.S.
- AURORA CANNABIS INC. (Canada)
- Cara Therapeutics (U.S.)
- Aruma Labs Pty Ltd (Australia)
- Medcan Australia (Australia)
- SNDL INC.. (Canada)
Above are the key players covered in the report, to know about more and exhaustive list of U.S. cannabis seeds market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: U.S. Cannabis Seeds Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
