Over the past 25 years, attitudes toward cannabis have continued to evolve, with the United States progressing in state-level medical and recreational legalization, and Canada and Uruguay with national recreational legalization. As a result, the consumption of cannabis products has increased significantly, especially among young people, leading to a strong demand for the marijuana grow kit market due to the growth of the recreational market. According to the National Institute on Drug Abuse (NIDA), marijuana is the most frequently abused drug in the United States.
Data Bridge Market Research analyses that the Essential Oil Market was valued at USD 16 million in 2021 and is expected to reach the value of USD 32.83 million by 2029, at a CAGR of 9.4% during the forecast period of 2022-2029.
“Growing application in supplement and pharmaceutical industries is bolstering the market growth”
In addition, essential oils contain various vitamins and minerals such as vitamin E and B complex, silicon, chromium, copper, iodine and zinc. Therefore, it is used as a dietary supplement and as a key ingredient in some medicines to treat wounds, cuts, bruises, burns, athlete's foot and warts. In addition, some plant seeds can be grown in as early as he five years, leading major companies to invest in research and development activities to develop innovative and cost-effective technologies to ensure a stable supply of petroleum resources.
What restraints the growth of the North America Marijuana Grow Kits Market for Recreational?
“Strict rules and regulations around marijuana will restrain the market growth"
The burden of exacting rules and controls is the most limiting figure for the showcase. A few countries have constrained standards and rules related with the utilization of cannabis inferable with its result, which can obstruct the market growth. Any wrong move can lead to the off-base preparing of cannabis, which assist can hurt persistent wellbeing. Hence, this limits the maket development.
Segmentation: North America Marijuana Grow Kits Market for Recreational
The marijuana grow kits market for recreational is segmented on the basis of product and end-user.
- Based on product, the market is segmented into hydroponic LED light growing system, grow tent, cloner kit, marijuana plants pots, spectrum hydroponic light bulb, hanging drying rack, and others.
- On the basis of end-user, the market is segmented into residential and commercial.
Regional Insights: U.S. dominates the North America marijuana grow kits market for recreational
The United States dominates the North American market for recreational cannabis grow kits. The reason is that cannabis cultivation is legal in some states and most consumers in the country choose to grow cannabis themselves for subsequent use to avoid confusion with other third-party vendors.
To know more about the study, visit, https://www.databridgemarketresearch.com/reports/north-america-sweet-potatoes-market
The Prominent Key Players Operating in the North America Marijuana Grow Kits Market for Recreational Include:
- VIVOSUN (U.S.)
- Pretty Green Budz (U.S.)
- Gorilla Grow Tent (U.S.)
- California LightWorks (U.S.)
- BESTVA LED (U.S.)
- Black Dog Grow Technologies, Inc (U.S.)
- Mars Hydro (China)
- The Bud Grower (U.S.)
- TopoGrow (U.S.)
- ViparSpectra (Canada)
- Goldleaf Hydroponics (U.S.)
- BC Northern Lights (Canada)
- HTG Supply (U.S.)
- Grobo (Canada)
- Kind LED Grow Lights (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of North America marijuana grow kits market for recreational companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: North America Marijuana Grow Kits Market for Recreational
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.
