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Cannabis Extraction: Global Markets

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    Report

  • 257 Pages
  • September 2022
  • Region: Global
  • BCC Research
  • ID: 5659463
Description Jump to:

This report studies the global market for cannabis extraction equipment and services using 2021 as a base year and provides estimates for each year of the forecast period, 2022-2027, with projections for CAGR. The scope of this report is limited and covers global markets for cannabis extraction equipment and services only. The market is divided by equipment, services, methods and region. Projected and forecasted market size estimates are constant U.S. dollars that have not been adjusted for inflation.

This report provides market insights into the global cannabis extraction market, focusing on the U.S., Europe, Asia and the top cannabis extraction companies in those countries. It provides information, including market size, expected growth rates, market drivers, restraints, and other trends and developments.

This report should serve as an analytical and informational business tool with the primary purpose of examining growth in the overall cannabis extraction market, growth in the individual segments of the cannabis extraction industry, subcategories within those segments, new developments in the market, current research and future opportunities in the cannabis extraction industry.

Beyond this, each segment and subsegment of cannabis extraction is examined. Growth rates and reasons for growth in each non-alcoholic beverage segment are provided. This report studies the following segments:

Equipment subcategories:

  • Cannabis extraction equipment.
  • Cannabis analytical testing equipment.

 

Services subcategories:

  • Cannabis extraction services.
  • Cannabis analytical testing services.
  • Cannabis regulatory and compliance services.

 

Method subcategories:

  • CO2-based extraction.
  • Ethanol based extraction.
  • Hydrocarbons based extraction.
  • Vegetable oils based extraction.
  • Other extraction methods.

 

The regional markets covered are North America, Europe, Asia Pacific, South America, and the Middle East and Africa. This report also discusses the major players in each regional market for cannabis extraction. It explains the foremost market drivers of the global cannabis extraction market, current trends within the industry, and the regional dynamics of the cannabis extraction market. The report concludes with detailed profiles of major international vendors in the cannabis extraction industry.

Report Includes

  • 51 data tables and 113 additional tables
  • A comprehensive overview of the global market for cannabis extraction equipment and services
  • Analyses of the global market trends, with historic market revenue for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
  • Estimation of the actual market size for cannabis extraction industry, market forecast, and corresponding market share analysis by equipment, services, extraction method, and geographic region
  • Coverage of the technological, economic and business considerations of the cannabis extraction market with analyses and forecasts provided for global markets
  • Discussion of current and future market potential for market for cannabis extraction tools and services, along with a supply chain analysis, industry regulations, and other forces relevant to this market
  • Regional market outlook with select sub-regional breakdowns for countries with promising market demands for cannabis extraction and applications thereof
  • Emphasis on the trends and developments in the market, global competitive landscape analysis, and innovations in the cannabis industry
  • Descriptive company profiles of the major cannabis extraction companies, including Aptia Engineering, Danaher Corp., Eurofins Scientific, Neptune Wellness Solutions, PerkinElmer Inc., Root Sciences and Sage Analytics

Table of Contents

Chapter 1 Introduction
1.1 Introduction to Cannabis Extraction
1.2 Study Goals and Objectives
1.3 Reasons for Doing this Study
1.4 Intended Audience
1.5 Scope of Report
1.6 Information Sources
1.7 Methodology
1.8 Geographic Breakdown
1.9 Analyst's Credentials
1.10 Custom Research
1.11 Related Research Reports
Chapter 2 Summary and Highlights
2.1 Cannabis Extraction in a Post-Pandemic World
Chapter 3 Cannabis Industry Overview
3.1 Cannabis Overview
3.1.1 Different Varieties of Cannabis
3.1.2 Factors Affecting the Cannabis Extraction Efficiency
3.1.3 Stages of Cannabis Extraction
3.1.4 Types of Extracts
3.1.5 Entry into the Global Cannabis Market and Subsequent Growth Face Several Challenges
3.1.6 Sustainability Has Grown in Importance Within the Cannabis Industry
Chapter 4 Market Outlook
4.1 Cannabis Extraction Market Overview
4.1.1 Rapid Expansion and Diversification Are Occurring in Cannabis Extraction Market
4.1.2 Global Market for Cannabis Extraction by Value
4.1.3 Global Market for Cannabis Extraction by Region
4.1.4 Global Market for Cannabis Extraction and Testing Equipment
4.1.5 Global Market for Cannabis Extraction Services
4.2 Recent Developments in the Global Market
4.2.1 Year of Development: 2022
4.2.2 Year of Development: 2021
4.2.3 Year of Development: 2020
4.2.4 Year of Development: 2019
Chapter 5 Cannabis Extraction Market by Method
5.1 Global Market Overview
5.1.1 Definition of Extraction
5.1.2 Types of Cannabis Extracts
5.1.3 Refinement of Cannabis Extracts
5.1.4 Entourage Effect
5.2 Methods of Cannabis Extraction
5.2.1 Co2-Based Cannabis Extraction Method
5.2.2 Alcohol/Ethanol-Based Cannabis Extraction Method
5.2.3 Hydrocarbon-Based Cannabis Extraction Method
5.2.4 Other Cannabis Extraction Methods
Chapter 6 Global Market for Cannabis Extraction Equipment
6.1 Solvent-Based Extraction Equipment
6.1.1 Alcohol Cannabis Extraction Equipment
6.1.2 Co2 (Carbon Dioxide) Cannabis Extraction Equipment
6.2 Co-Solvent Extraction Equipment (Ethanol and Co2)
6.2.1 Hydrocarbon Extraction Equipment
6.2.2 Vegetable Oil Extraction Equipment
6.3 Non-Solvent Extraction Equipment
6.3.1 Water Hash Extraction Equipment (Mechanical Separation)
6.3.2 Cold Pressed Oil Extraction Equipment
6.3.3 Rosin/Live Rosin Pressed Extraction Equipment
6.3.4 Screens and Presses Extraction Equipment (Hash/Kief)
6.4 Extraction Lab Solutions
6.4.1 Exp Rooms
6.4.2 Extraction Pods/Containers
6.4.3 Cannabis Extraction Equipment Market Size Analysis
6.5 Cannabis Analytical Testing Equipment
6.5.1 Factors for Selecting Cannabis Lab Testing Equipment
6.5.2 Cannabis Analytical Testing Equipment
6.5.3 Ancillary Equipment
6.5.4 Cannabis Analytical Testing Equipment Market Size Analysis
6.5.5 Cannabis Extraction Equipment and Services Sector Participants
Chapter 7 Global Market for Cannabis Extraction Services
7.1 Global Market Overview
7.1.1 Cannabis Extraction Services
7.1.2 Cannabis Analytical Testing Services
7.1.3 Certificate of Analysis
7.1.4 Cannabis Regulatory and Compliance Services
Chapter 8 North American Market for Cannabis Extraction
8.1 Market Overview
8.1.1 Market Dynamics
Chapter 9 European Market for Cannabis Extraction
9.1 Market Overview
9.1.1 Market Dynamics
Chapter 10 Asia-Pacific Market for Cannabis Extraction
10.1 Market Overview
Chapter 11 South American Market for Cannabis Extraction
11.1 Market Overview
Chapter 12 Middle East & African Market for Cannabis Extraction
12.1 Regional Market Overview
Chapter 13 Trends and Developments
13.1 Competitive Landscape
13.1.1 Innovations in the Cannabis Industry
13.1.2 Safe Banking Act and Cannabis Industry
13.1.3 Cannabis Industry Faces Many Challenges
13.1.4 Governments Are Working to Expand Access to Cannabis for Researchers
13.1.5 New Prop 65 Labeling Requirements for Cannabis Products
13.1.6 Demand for Thc-Free Products on the Rise
Chapter 14 Company Profiles
14.1 Largest Cannabis Extraction Companies
  • Decibel Cannabis Co. Inc.
  • Indiva
  • Medipharm Labs Corp.
  • Neptune Wellness Solutions
  • The Valens Co. Inc.
14.2 Key Cannabis Extraction Equipment Companies
  • Aptia Engineering
  • Deutsche Process
  • Ecodyst
  • Eden Labs LLC
  • Essential Innovations Inc.
  • Extraktlab
  • Gibraltar Industries
  • Green Mill Supercritical LLC
  • Luna Technologies Pvt. Ltd.
  • Mrx Technologies Group
  • Pic Solution Inc.
  • Root Sciences
  • Rotachrom Technologies Ltd.
  • Summit Extraction
  • Trusteel LLC
  • Vanguard Scientific Inc.
  • Vitalis Extraction Technologies
  • World-Class Extractions Inc.
14.3 Key Cannabis Analytical Testing Equipment Companies
  • Agilent Technologies Inc.
  • Gemmacert
  • Orange Photonics Inc.
  • Sage Analytics
  • Strain Genie Inc.
14.4 Key Cannabis Extraction Technology Service Providers
  • Eybna Technologies Ltd.
  • Mile High Labs International Inc.
  • Xs Financial Inc.
14.5 Key Cannabis Testing Service Companies
  • Danaher Corp.
  • Eurofins Scientific
  • Merck Kgaa
  • Perkinelmer Inc.
  • Shimadzu Corp.
  • Sgs Sa
  • Thermo Fisher Scientific Corp.
  • Waters Corp.
14.6 Key Cannabis Extracts Product Companies
  • Absolutextracts
  • Concentrate Supply Co.
  • Craft Cannabis Co.
  • Evolab
  • Kurvana
  • O.Penvape Inc.
  • Select Oil
Chapter 15 Appendix: Acronyms
  • Glossary
List of Tables
Summary Table B: Global Market for Cannabis Extraction, by Region, Through 2027
Summary Table A: Overview of Cannabis Extraction Methods
Table 1: Global Market for Cannabis Extraction, Through 2027
Table 2: Global Market for Cannabis Extraction, by Region, Through 2027
Table 3: Global Market for Cannabis Extraction Equipment, by Type, Through 2027
Table 4: Global Market for Cannabis Extraction Services, by Type, Through 2027
Table 5: Global Market for Cannabis Extraction, by Method, Through 2027
Table 6: Global Market for Cannabis Extraction, by Method, Through 2027
Table 7: Global Market for CO2-Based Extraction, Through 2027
Table 8: Global Market for CO2-Based Extraction, by Region, Through 2027
Table 9: Global Market for Ethanol-Based Cannabis Extraction, Through 2027
Table 10: Global Market for Ethanol-Based Cannabis Extraction, by Region, Through 2027
Table 11: Global Market for Hydrocarbon-Based Cannabis Extraction, Through 2027
Table 12: Global Market for Hydrocarbon-Based Cannabis Extraction, by Region, Through 2027
Table 13: Global Market for Vegetable Oil-Based Cannabis Extraction, Through 2027
Table 14: Global Market for Vegetable Oil-Based Cannabis Extraction, by Region, Through 2027
Table 15: Global Market for Other Cannabis Extraction Methods, Through 2027
Table 16: Global Market for Other Cannabis Extraction Methods, by Region, Through 2027
Table 17: Global Market for Cannabis Extraction Equipment, by Type, Through 2027
Table 18: Global Market for Cannabis Extraction Equipment, Through 2027
Table 19: Global Market for Cannabis Extraction Equipment, by Region, Through 2027
Table 20: Global Market for Cannabis Analytical Testing Equipment, Through 2027
Table 21: Global Market for Cannabis Analytical Testing Equipment, by Region, Through 2027
Table 22: Examples of Cannabis Extraction Equipment
Table 23: Examples of Companies Providing Extraction Equipment to the Cannabis Market
Table 24: Global Market for Cannabis Extraction Services, by Type, Through 2027
Table 25: Global Market for Cannabis Extraction Services, Through 2027
Table 26: Global Market for Cannabis Extraction Services, by Region, Through 2027
Table 27: Companies Providing Extraction Services to the Cannabis Market
Table 28: Global Market for Cannabis Analytical Testing Services, Through 2027
Table 29: Global Market for Cannabis Analytical Testing Services, by Region, Through 2027
Table 30: Companies Providing Analytical Testing Equipment to the Cannabis Market
Table 31: Global Market for Cannabis Regulatory & Compliance Services, Through 2027
Table 32: Global Market for Cannabis Regulatory & Compliance Services, by Region, Through 2027
Table 33: North American Market for Cannabis Extraction, Through 2027
Table 34: North American Market for Cannabis Extraction, by Country, Through 2027
Table 35: North American Market for Cannabis Extraction Equipment, by Type, Through 2027
Table 36: North American Market for Cannabis Extraction Services, by Type, Through 2027
Table 37: North American Market for Cannabis Extraction, by Method, Through 2027
Table 38: European Market for Cannabis Extraction, Through 2027
Table 39: European Market for Cannabis Extraction, by Country, Through 2027
Table 40: European Market for Cannabis Extraction Equipment, by Type, Through 2027
Table 41: European Market for Cannabis Extraction Services, by Type, Through 2027
Table 42: European Market for Cannabis Extraction, by Method, Through 2027
Table 43: Asia-Pacific Market for Cannabis Extraction, Through 2027
Table 44: Asia-Pacific Market for Cannabis Extraction, by Country, Through 2027
Table 45: Asia-Pacific Market for Cannabis Extraction Equipment, by Type, Through 2027
Table 46: Asia-Pacific Market for Cannabis Extraction Services, by Type, Through 2027
Table 47: Asia-Pacific Market for Cannabis Extraction, by Method, Through 2027
Table 48: South American Market for Cannabis Extraction, Through 2027
Table 49: South American Market for Cannabis Extraction, by Country, Through 2027
Table 50: South American Market for Cannabis Extraction Equipment, by Type, Through 2027
Table 51: South American Market for Cannabis Extraction Services, by Type, Through 2027
Table 52: South American Market for Cannabis Extraction, by Method, Through 2027
Table 53: Middle East & African Market for Cannabis Extraction, Through 2027
Table 54: Middle East & African Market for Cannabis Extraction Equipment, by Type, Through 2027
Table 55: Middle East & African Market for Cannabis Extraction Services, by Type, Through 2027
Table 56: Middle East & African Market for Cannabis Extraction, by Method, Through 2027
Table 57: Decibel Cannabis Co. Inc.: Company Details
Table 58: Decibel Cannabis Company Inc.: Product Portfolio
Table 59: Decibel Cannabis Company (formerly Westleaf) Inc.: Recent Developments
Table 60: Indiva: Company Details
Table 61: Indiva: Product Portfolio
Table 62: Indiva: Recent Developments
Table 63: MediPharm Labs Corp.: Company Details
Table 64: MediPharm Labs Corp.: Product Portfolio
Table 65: MediPharm Labs Corp.: Recent Developments
Table 66: Neptune Wellness Solutions: Company Details
Table 67: Neptune Wellness Solutions: Product Portfolio
Table 68: Neptune Wellness Solutions: Recent Developments
Table 69: The Valens Co. Inc.: Company Details
Table 70: The Valens Co. Inc.: Product Portfolio
Table 71: The Valens Co. Inc.: Recent Developments
Table 72: Aptia Engineering: Company Details
Table 73: Aptia Engineering: Product Portfolio
Table 74: Deutsche Process: Company Details
Table 75: Deutsche Process: Product Portfolio
Table 76: Ecodyst: Company Details
Table 77: Ecodyst: Product Portfolio
Table 78: Ecodyst: Recent Developments
Table 79: Eden Labs LLC: Company Details
Table 80: Eden Labs LLC: Product Portfolio
Table 81: Eden Labs LLC: Recent Developments
Table 82: Essential Innovations Inc.: Company Details
Table 83: Essential Innovations Inc.: Product Portfolio
Table 84: extraktLAB: Company Details
Table 85: extraktLAB: Product Portfolio
Table 86: Gibraltar Industries: Company Details
Table 87: Gibraltar Industries: Product Portfolio
Table 88: Gibraltar Industries: Recent Developments
Table 89: Green Mill Supercritical LLC: Company Details
Table 90: Green Mill Supercritical LLC: Product Portfolio
Table 91: Luna Technologies Pvt. Ltd.: Company Details
Table 92: Luna Technologies Pvt. Ltd.: Product Portfolio
Table 93: MRX Technologies Group: Company Details
Table 94: MRX Technologies Group: Product Portfolio
Table 95: PIC Solution Inc.: Company Details
Table 96: PIC Solution Inc.: Product Portfolio
Table 97: Root Sciences: Company Details
Table 98: Root Sciences: Product Portfolio
Table 99: Root Sciences: Recent Developments
Table 100: Rotachrom Technologies Ltd.: Company Details
Table 101: Rotachrom Technologies Ltd.: Product Portfolio
Table 102: Rotachrom Technologies Ltd.: Recent Developments
Table 103: Summit Extraction: Company Details
Table 104: Summit Extraction: Product Portfolio
Table 105: TruSteel LLC: Company Details
Table 106: TruSteel LLC: Product Portfolio
Table 107: Vanguard Scientific Inc.: Company Details
Table 108: Vanguard Scientific Inc.: Product Portfolio
Table 109: Vanguard Scientific Inc.: Recent Developments
Table 110: Vitalis Extraction Technologies: Company Details
Table 111: Vitalis Extraction Technologies: Product Portfolio
Table 112: World-Class Extractions Inc.: Company Details
Table 113: World-Class Extractions Inc.: Recent Developments
Table 114: Agilent Technologies Inc.: Company Details
Table 115: Agilent Technologies Inc.: Product Portfolio
Table 116: GemmaCert: Company Details
Table 117: GemmaCert: Product Portfolio
Table 118: Orange Photonics Inc.: Company Details
Table 119: Orange Photonics Inc.: Product Portfolio
Table 120: Sage Analytics: Company Details
Table 121: Sage Analytics: Product Portfolio
Table 122: Strain Genie Inc.: Company Details
Table 123: Strain Genie Inc.: Product Portfolio
Table 124: Eybna Technologies Ltd.: Company Details
Table 125: Eybna Technologies Ltd.: Product Portfolio
Table 126: Eybna Technologies Ltd.: Recent Developments
Table 127: Mile High Labs International Inc.: Company Details
Table 128: Mile High Labs International Inc.: Product Portfolio
Table 129: Mile High Labs International Inc.: Recent Developments
Table 130: XS Financial Inc.: Company Details
Table 131: Danaher Corp.: Company Details
Table 132: Danaher Corp.: Recent Developments
Table 133: Eurofins Scientific: Company Details
Table 134: Eurofins Scientific: Product Portfolio
Table 135: Merck KGaA: Company Details
Table 136: Merck KGaA: Product Portfolio
Table 137: PerkinElmer Inc.: Company Details
Table 138: PerkinElmer Inc.: Product Portfolio
Table 139: Shimadzu Corp.: Company Details
Table 140: Shimadzu Corp.: Product Portfolio
Table 141: SGS SA: Company Details
Table 142: SGS SA: Product Portfolio
Table 143: SGS SA: Recent Developments
Table 144: Thermo Fisher Scientific Corp.: Company Details
Table 145: Thermo Fisher Scientific Corp.: Product Portfolio
Table 146: Waters Corp.: Company Details
Table 147: Waters Corp.: Product Portfolio
Table 148: AbsoluteXtracts: Company Details
Table 149: AbsoluteXtracts: Product Portfolio
Table 150: Concentrate Supply Co.: Company Details
Table 151: Concentrate Supply Company: Product Portfolio
Table 152: Craft Cannabis Co.: Company Details
Table 153: Craft Cannabis Co.: Product Portfolio
Table 154: Evolab: Company Details
Table 155: Evolab: Product Portfolio
Table 156: Kurvana: Company Details
Table 157: Kurvana: Product Portfolio
Table 158: O.penVAPE Inc.: Company Details
Table 159: O.penVAPE Inc.: Product Portfolio
Table 160: Select Oil: Company Details
Table 161: Select Oil: Product Portfolio
Table 162: Acronyms Used in This Report

List of Figures
Summary Figure: Global Market for Cannabis Extraction, by Region, 2021-2027
Figure 1: Overview of Cannabis Compounds
Figure 2: Factors Affecting the Cannabis Extraction Efficiency
Figure 3: Global Market for Cannabis Extraction, 2021-2027
Figure 4: Global Market Shares of Cannabis Extraction, by Region, 2022
Figure 5: Global Market for Cannabis Extraction Equipment, by Type, 2021-2027
Figure 6: Global Market for Cannabis Extraction Services, by Type, 2021-2027
Figure 7: Global Market for Cannabis Extraction, by Method, 2021-2027
Figure 8: Global Market Shares of Cannabis Extraction, by Method, 2021
Figure 9: Global Market for CO2-Based Extraction, 2021-2027
Figure 10: Global Market for CO2-Based Extraction, by Region, 2021-2027
Figure 11: Global Market for Ethanol-Based Cannabis Extraction, 2021-2027
Figure 12: Global Market for Ethanol-Based Cannabis Extraction, by Region, 2021-2027
Figure 13: Global Market for Hydrocarbon-Based Cannabis Extraction, 2021-2027
Figure 14: Global Market for Hydrocarbon-Based Cannabis Extraction, by Region, 2021-2027
Figure 15: Global Market for Vegetable Oil-Based Cannabis Extraction, 2021-2027
Figure 16: Global Market for Vegetable Oil-Based Cannabis Extraction, by Region, 2021-2027
Figure 17: Global Market for Other Cannabis Extraction Methods, 2021-2027
Figure 18: Global Market for Other Cannabis Extraction Methods, by Region, 2021-2027
Figure 19: Global Market for Cannabis Extraction Equipment, by Type, 2021-2027
Figure 20: Cold Temperature Ethanol Extraction Process Flow
Figure 21: Inline Chiller Equipment
Figure 22: Centrifuge Utility Platform (CUP) Equipment
Figure 23: Falling Film Evaporator (FFE) Equipment
Figure 24: Rolled Film Short Path Distillation (RFD) Equipment
Figure 25: C-40 Centrifugal Extractor Equipment
Figure 26: C-30 Centrifugal Extractor Equipment
Figure 27: Source Turbo Equipment
Figure 28: The Transformer: Closed-Loop CO2 Extraction Systems
Figure 29: BOSS CO2 Extraction System
Figure 30: SFT-SP1100 Supercritical CO2 Extraction Unit
Figure 31: Hi-Flo FX2
Figure 32: The Force CO2 System
Figure 33: SuperC Extractor Equipment
Figure 34: X40 MSE Extraction System
Figure 35: Io Extractor System
Figure 36: ABLAZE Mini Closed Loop Extractor
Figure 37: Eberbach Model E5703
Figure 38: Rosin Press Equipment
Figure 39: C1D1/C1D2 Booths
Figure 40: Fully Assembled C1D1 Extraction Pods
Figure 41: Global Market for Cannabis Extraction Equipment, 2021-2027
Figure 42: Global Market for Cannabis Extraction Equipment, by Region, 2021-2027
Figure 43: Chromatography (GC, HPLC)
Figure 44: Mass Spectrometry (MS) (GCMS, LCMS)
Figure 45: Nuclear Magnetic Resonance Spectroscopy (NMR)
Figure 46: Quantitative Polymerase Chain Reaction (qPCRs)
Figure 47: Benchtop and Ultra Centrifuges
Figure 48: Moisture Analyzers
Figure 49: Hash-Washing System
Figure 50: Trichome Separator
Figure 51: Freeze Dryer
Figure 52: Chromatography and Remediation Column
Figure 53: Solvent Evaporator
Figure 54: Gas Compressor
Figure 55: Multi-Use Reactionary Vessel
Figure 56: Filter Press Equipment
Figure 57: Water Baths Equipment
Figure 58: Bead Baths Equipment
Figure 59: Vacuum Package Equipment
Figure 60: Global Market for Cannabis Analytical Testing Equipment, 2021-2027
Figure 61: Global Market for Cannabis Analytical Testing Equipment, by Region, 2021-2027
Figure 62: Global Market for Cannabis Extraction Services, by Type, 2021-2027
Figure 63: Global Market for Cannabis Extraction Services, 2021-2027
Figure 64: Global Market for Cannabis Extraction Services, by Region, 2021-2027
Figure 65: Global Market for Cannabis Analytical Testing Services, 2021-2027
Figure 66: Global Market for Cannabis Analytical Testing Services, by Region, 2021-2027
Figure 67: Global Market for Cannabis Regulatory & Compliance Services, 2021-2027
Figure 68: Global Market for Cannabis Regulatory & Compliance Services, by Region, 2021-2027
Figure 69: North American Market for Cannabis Extraction, 2021-2027
Figure 70: North American Market for Cannabis Extraction, by Country, 2021-2027
Figure 71: North American Market for Cannabis Extraction Equipment, by Type, 2021-2027
Figure 72: North American Market for Cannabis Extraction Services, by Type, 2021-2027
Figure 73: North American Market for Cannabis Extraction, by Method, 2021-2027
Figure 74: European Market for Cannabis Extraction, 2021-2027
Figure 75: European Market for Cannabis Extraction, by Country, 2021-2027
Figure 76: European Market for Cannabis Extraction Equipment, by Type, 2021-2027
Figure 77: European Market for Cannabis Extraction Services, by Type, 2021-2027
Figure 78: European Market for Cannabis Extraction, by Method, 2021-2027
Figure 79: Asia-Pacific Market for Cannabis Extraction, 2021-2027
Figure 80: Asia-Pacific Market for Cannabis Extraction, by Country, 2021-2027
Figure 81: Asia-Pacific Market for Cannabis Extraction Equipment, 2021-2027
Figure 82: Asia-Pacific Market for Cannabis Extraction Services, by Type, 2021-2027
Figure 83: Asia-Pacific Market for Cannabis Extraction, by Method, 2021-2027
Figure 84: South American Market for Cannabis Extraction, 2021-2027
Figure 85: South American Market for Cannabis Extraction, by Country, 2021-2027
Figure 86: South American Market for Cannabis Extraction Equipment, by Type, 2021-2027
Figure 87: South American Market for Cannabis Extraction Services, by Type, 2021-2027
Figure 88: South American Market for Cannabis Extraction, by Method, 2021-2027
Figure 89: Middle East & African Market for Cannabis Extraction, 2021-2027
Figure 90: Middle East & African Market for Cannabis Extraction Equipment, by Type, 2021-2027
Figure 91: Middle East & African Market for Cannabis Extraction Equipment, by Type, 2021-2027
Figure 92: Middle East & African Market for Cannabis Extraction, by Method, 2021-2027

Executive Summary

A cannabis extract is a concentration made from cannabis that has been dissolved in a solvent. Although the terms 'extract' and 'concentrate' are commonly used interchangeably, extracts are not all concentrates, but concentrates are all extracts. While concentrates can be generated using a variety of mechanical techniques as well as the use of a solvent, extracts are the only type of concentrate that requires the use of a solvent. Butane, propane, ethanol and supercritical carbon dioxide (CO2) are the most frequent solvents used to generate a cannabis extract.

The wide range of products known as cannabis extracts contain more cannabinoids than the actual cannabis plant. When consumed, cannabinoids, which are chemical components of cannabis, have an impact on both the body and mind. The most well-known cannabinoid, THC (tetrahydrocannabinol), is the one that results in euphoria and intoxication (or high). Although more research is required, the nonpsychoactive cannabinoid CBD (cannabidiol) has some potential as a medicine. Cannabis extracts can contain a wide range of THC and CBD concentrations. While some extracts have a THC content of up to 99%, others are mostly CBD with very little THC.

Companies Mentioned

  • Absolutextracts
  • Agilent Technologies Inc.
  • Aptia Engineering
  • Concentrate Supply Co.
  • Craft Cannabis Co.
  • Danaher Corp.
  • Decibel Cannabis Co. Inc.
  • Deutsche Process
  • Ecodyst
  • Eden Labs LLC
  • Essential Innovations Inc.
  • Eurofins Scientific
  • Evolab
  • Extraktlab
  • Eybna Technologies Ltd.
  • Gemmacert
  • Gibraltar Industries
  • Green Mill Supercritical LLC
  • Indiva
  • Kurvana
  • Luna Technologies Pvt. Ltd.
  • Medipharm Labs Corp.
  • Merck Kgaa
  • Mile High Labs International Inc.
  • Mrx Technologies Group
  • Neptune Wellness Solutions
  • O.Penvape Inc.
  • Orange Photonics Inc.
  • Perkinelmer Inc.
  • Pic Solution Inc.
  • Root Sciences
  • Rotachrom Technologies Ltd.
  • Sage Analytics
  • Select Oil
  • Sgs Sa
  • Shimadzu Corp.
  • Strain Genie Inc.
  • Summit Extraction
  • The Valens Co. Inc.
  • Thermo Fisher Scientific Corp.
  • Trusteel LLC
  • Vanguard Scientific Inc.
  • Vitalis Extraction Technologies
  • Waters Corp.
  • World-Class Extractions Inc.
  • Xs Financial Inc.

Table Information

Report AttributeDetails
No. of Pages257
PublishedSeptember 2022
Forecast Period2022 - 2027
Estimated Market Value ( USD ) in 2022 $ 1.7 Billion
Forecasted Market Value ( USD ) by 2027 $ 3.7 Billion
Compound Annual Growth Rate16.1%
Regions CoveredGlobal
No. of Companies Mentioned46

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