Cannabis seeds are high in protein, fibre, and omega-3 and omega-6 fatty acids, all of which are beneficial to your health. Arginine (an amino acid) and gamma-linolenic acid (a fatty acid) are rich in the seeds. These chemicals help in the prevention of heart disease, the treatment of chronic pain, and the improvement of neurological and other problems. Calcium, potassium, vitamin E, sulphur, phosphorus, magnesium, and zinc are among the other minerals present in these seeds. These are high in vitamin E and suitable for people who cannot eat nuts, gluten, lactose, or sugar. As consumers become more aware of the medicinal benefits of cannabis, the medical application of cannabis is rapidly expanding. Cannabis helps in the treatment of chronic pain as well as the healing of neurological and other diseases. It also aids nausea and vomiting caused by chemotherapy. Chemotherapy-induced nausea and vomiting are a major source of discomfort for patients. Cancer patients receiving chemotherapy have been proven to benefit from cannabinoids as antiemetics.
The cannabis Seed market the type of cannabis plant grown is determined by the cannabis seeds. Depending on the sort of plant to be developed, these seeds can be regular, auto-flower, or modified. Various seed banks have been developed in nations such as the United States, the Netherlands, Spain, and Italy to share cannabis seeds in local regions such as dinafem seeds and others. Strains are cultivated to achieve the desired quality. Cannabidiol (CBD), a non-psychoactive element, and tetrahydrocannabinol (THC), a psychoactive one, are both present in cannabis seeds. Complex regulatory structure for cannabis use acts as a barrier for businesses, and as a result, complex regulatory structure for cannabis use acts as a market restraint. Large-scale cannabis growing is causing environmental difficulties, which is hampering market growth.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the cannabis seeds market. In addition, complete analysis of changes on the cannabis seeds market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market.
As the COVID-19 epidemic spreads, the focus on the food processing industries and employees' health and safety is increasing. The pandemic assisted in raising public knowledge and interest in the medical cannabis. Various studies focusing on the use of cannabis for COVID-19 treatment have also been conducted during the COVID-19 epidemic. Cannabis, for example, has shown promising potential in the fight against COVID-19, because to its anti-inflammatory characteristics. According to a recent study published in the journal Aging, cannabis can help COVID-19 patients by lowering a cytokine storm and protecting lung tissue from inflammatory damage. According to research, Cannabis and its components also offer other essential therapeutic effects, such as pain alleviation and anxiety reduction. While these could help COVID-19 sufferers, additional research into cannabis's pain-relieving and anxiety-reducing properties is needed before any conclusions can be drawn.
Global Cannabis seeds Market is analysed based on type, category, strain, distribution channel and geography.
By Type, Cannabis Seeds Market is segmented into the Regular seeds, Feminized seeds and Autoflowering seeds. The feminised seeds category is expected to grow at the fastest rate. Cannabis seeds that have been genetically manipulated to generate only female plants are called as feminised cannabis seeds. The main advantage of using feminised cannabis seeds is that it eliminates the need to locate and remove blooming male plants. Using feminised cannabis seeds has a number of benefits for growers.
By Category, Cannabis Seeds Market is segmented into Organic and Conventional. In 2020, the Conventional segment will dominate as inorganic agriculture grows, but in the future the organic segment expected to grow as people shift to organic products and inorganic farming uses chemicals that may be dangerous for health.
By Strain, Cannabis Seeds Market is segmented into Hybrid, Sativa and Indica. Cannabis sativa thrives in arid, hot climates such as Africa, Central America, Southeast Asia, and Western Asia. Sativa has a lower CBD content and a greater TCH content. The stimulating and anxiety-relieving qualities of Sativa are well-known. Sativa-dominant strains boost productivity and creativity while relieving fatigue. Sativa strains are excellent at treating psychological issues like depression, PTSD, and anxiety because of their high THC levels. As a result, sativa strains are being exploited to create pharmaceuticals that treat mental illnesses.
By Distribution Channel, Cannabis seeds Market is segmented into Wholesalers and Distributors, Specialty Stores, Online Retail. Cannabis seed wholesalers and distributors are dedicated to providing cannabis seeds to licenced shops and dispensaries. They could be cannabis seed cultivators or producers, or licenced third-party distributors or dealers. Third-party distributors buy cannabis seeds in bulk from commercial growers and distribute them to authorized retail outlets and dispensaries. Cannabis seed distributors can distribute and store seeds as well as act as an extension of the wholesaler's sales team. The sales of cannabis seeds by wholesalers and distributors are boosted by factors such as a large distribution network, bulk supply, and the availability of diverse strains of cannabis seeds.
In terms of region, the Cannabis Seeds Market is studied for the key regions including North America, Europe, Asia Pacific, and Rest of the World. North America emerged as a dominant region for the industry and it’s expected to grow further during forecast period. Due to the increasing legalisation of cannabis for medical and recreational purposes in North America, the industry is expanding across the region. Furthermore, as more people become aware of the medicinal benefits of cannabis, its use in medicine is rapidly growing. Medical Marijuana Inc., Aphria Inc., and Tilray, Inc. all have operations in North America, which contribute to the region's cannabis seed market growth. In addition, these companies are interested in mergers and acquisitions, as well as increasing their production locations, all of which will benefit the region's cannabis seed market during forecast period. Cannabis for medical purposes has been legalised in various countries, including Canada, Australia, Italy, Chile, Colombia, the Netherlands, Poland, and Portugal. The majority of cannabis users in the United States are over the age of 50. Due to the increased risk of chronic diseases after the age of 50 and the effectiveness of cannabis in treating such disorders, this demographic profile is predicted to drive cannabis demand in the country.
The key competitors of this market include Christiania Seeds, Barney’s Souvenirs BV, Mountain Top Seed Bank, Paradise Seeds Family, Seed Supreme, Sensi Seeds, Serious Seeds, Sweet Seeds, and The Seed Cellar Dutch Passion, Royal Queen Seeds, Humboldt Seed Company, Deliciousseeds, Kws Saat Se Groupe Limagrain, Sakata Seed Corporation
June 2020: Sensi Seeds attended the 'We Are Mary Jane: Women of Cannabis' exhibition held at the hemp museum in Amsterdam. As a cornerstone, the company has focused on enhancing the cannabis quality of all of its goods. The organisation has been able to boost brand awareness and develop trust among stakeholders as a result of this recognition.
July 2018: Royal Queen Seeds took first place in the Highlife Cup by Storm award ceremony. Royal Queen Seeds' dedication can be seen in their contributions to cannabis strain and product development in order to provide the highest quality seeds to their customers. The recognition has helped the company in increasing consumer awareness of their brand.
Global cannabis seeds market is segmented based on, type, category, strain, distribution channel, and geography. Based on type, the market is classified into regular seeds, feminized seeds and autoflowering seeds. By category, the market is segmented into organic and conventional. By Strain the market is segmented into hybrid, sativa and indica. By distribution channel, the market is segmented into wholesalers and distributors, specialty stores, online retail. The global cannabis seeds market is studied across various key countries of regions such as, North America, Europe, Asia Pacific and Rest of the World.
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