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The global cannabis extract market size is expected to reach USD 23.7 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a 22.1% CAGR over the forecast period.

Growing preference for cannabis extracts such as oils and tinctures, rising legalization of marijuana in various countries, and increase in the adoption of medical marijuana for treatment of various chronic diseases such as Alzheimer’s, cancer, arthritis, and anxiety are key factors promoting cannabis concentrates market growth.The marijuana industry is booming due to increasing awareness about its medical benefits.

Decriminalization and/or legalization of medical marijuana in some countries has led to a significant decrease in the black market as people are resorting to legally purchasing marijuana for medical use.Cannabis oils and tinctures can be used for manufacturing edibles and topicals other than smoking.

These are generally used for treatment of conditions such as cancer, mental disorders, and nausea as well as for recreational purposes such as vaping.

In terms of legality, laws pertaining to medical marijuana extracts are much more lenient compared to that of dried buds, which involve smoking.

Further key findings from the report suggest:In 2018, oils held the largest revenue share of 65.7% owing to their ease of availability and low priceThe full spectrum segment was valued at USD 3.3 billion in 2018, owing to its entourage effect - a synergistic relationship between cannabinoids and terpenes that exhibits an increase in the healing properties of each cannabinoidMarijuana isolates are anticipated to emerge as the second largest type segment owing to its several advantages that have increased its adoption.

Cranberry contains proanthocyanidins, also known as proanthocyanidins or condensed tannins, which are few of the other fruits and vegetables, making it impossible for bacteria to adhere to the growth of the human body, thereby reducing the probability of acquired infections.

Improves atherosclerosis, restores elasticity, prevents multiple arterial blood flow from cardiovascular disease, and significantly improves outcomes.

Cranberry’s vitamin C, iron, antioxidants, and proanthocyanidins are abundant to prevent cell damage while maintaining cell health and vitality, leaving skin soft and rosy.Cranberries have long been cherished for their nutritional and medicinal properties.

Dating back to the 17th century, cranberries were used to relieve stomach ailments, liver problems and bowel disorders.

Today, cranberry products are most frequently used to help the body manage symptoms of Urinary Tract Infections (UTIs).Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-cranberry-extracts-2019-2024-166According to this study, over the next five years the Cranberry Extracts market will register a 3.4% CAGR in terms of revenue, the global market size will reach US$ 110.9 million by 2024, from US$ 94 million in 2019.

In particular, this report presents the global market share (sales and revenue) of key companies in Cranberry Extracts business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Cranberry Extracts market by product type, application, key manufacturers and key regions and countries.This study considers the Cranberry Extracts value and volume generated from the sales of the following segments:Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.Cranberry Liquid ExtractCranberry Powder ExtractSegmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.Health Care IndustryFood & CosmeticsOtherThis report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.AmericasUnited StatesCanadaMexicoBrazilAPACChinaJapanKoreaSoutheast AsiaIndiaAustraliaEuropeGermanyFranceUKThe report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.The key manufacturers covered in this report: Breakdown data in in Chapter 3.IndenaNexiraNaturexBio-BotanicaMayproFruit d?Or NutraceuticalsDiana FoodBiosferedZhejiang Jianfeng HealthHunan HuachengJiaherbIn addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole.

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