| Product Code: ETC6652267 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Canada cannabis extract market, the import trend showed a growth rate of 10.08% from 2023 to 2024, with a compound annual growth rate (CAGR) of 1.09% from 2020 to 2024. This increase can be attributed to shifting consumer preferences towards higher-quality cannabis products, driving import momentum in the market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Cannabis Extract Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Cannabis Extract Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Cannabis Extract Market - Industry Life Cycle |
3.4 Canada Cannabis Extract Market - Porter's Five Forces |
3.5 Canada Cannabis Extract Market Revenues & Volume Share, By Product, 2022 & 2032F |
3.6 Canada Cannabis Extract Market Revenues & Volume Share, By Extract Type, 2022 & 2032F |
3.7 Canada Cannabis Extract Market Revenues & Volume Share, By Sources, 2022 & 2032F |
3.8 Canada Cannabis Extract Market Revenues & Volume Share, By End-use, 2022 & 2032F |
4 Canada Cannabis Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness and acceptance of cannabis extracts for medical and recreational purposes in Canada |
4.2.2 Increasing legalization and regulatory support for cannabis products in the country |
4.2.3 Rise in demand for alternative consumption methods like edibles, oils, and concentrates |
4.3 Market Restraints |
4.3.1 Regulatory challenges and evolving legal framework impacting the market growth |
4.3.2 Supply chain constraints and production challenges affecting the availability of cannabis extracts |
4.3.3 Competition from illicit market players impacting the revenue of legal cannabis extract businesses |
5 Canada Cannabis Extract Market Trends |
6 Canada Cannabis Extract Market, By Types |
6.1 Canada Cannabis Extract Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Canada Cannabis Extract Market Revenues & Volume, By Product, 2022-2032F |
6.1.3 Canada Cannabis Extract Market Revenues & Volume, By Oils, 2022-2032F |
6.1.4 Canada Cannabis Extract Market Revenues & Volume, By Tinctures, 2022-2032F |
6.2 Canada Cannabis Extract Market, By Extract Type |
6.2.1 Overview and Analysis |
6.2.2 Canada Cannabis Extract Market Revenues & Volume, By Full Spectrum Extracts, 2022-2032F |
6.2.3 Canada Cannabis Extract Market Revenues & Volume, By Cannabis Isolates, 2022-2032F |
6.3 Canada Cannabis Extract Market, By Sources |
6.3.1 Overview and Analysis |
6.3.2 Canada Cannabis Extract Market Revenues & Volume, By Hemp, 2022-2032F |
6.3.3 Canada Cannabis Extract Market Revenues & Volume, By Marijuana, 2022-2032F |
6.4 Canada Cannabis Extract Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Canada Cannabis Extract Market Revenues & Volume, By Medical Use, 2022-2032F |
6.4.3 Canada Cannabis Extract Market Revenues & Volume, By Recreational Use, 2022-2032F |
7 Canada Cannabis Extract Market Import-Export Trade Statistics |
7.1 Canada Cannabis Extract Market Export to Major Countries |
7.2 Canada Cannabis Extract Market Imports from Major Countries |
8 Canada Cannabis Extract Market Key Performance Indicators |
8.1 Average selling price (ASP) of cannabis extracts |
8.2 Number of licensed cannabis extract producers in Canada |
8.3 Percentage of market share held by licensed producers |
8.4 Consumer satisfaction and repeat purchase rate for cannabis extract products |
8.5 Adoption rate of new cannabis extract consumption methods (e.g., edibles, oils) among consumers |
9 Canada Cannabis Extract Market - Opportunity Assessment |
9.1 Canada Cannabis Extract Market Opportunity Assessment, By Product, 2022 & 2032F |
9.2 Canada Cannabis Extract Market Opportunity Assessment, By Extract Type, 2022 & 2032F |
9.3 Canada Cannabis Extract Market Opportunity Assessment, By Sources, 2022 & 2032F |
9.4 Canada Cannabis Extract Market Opportunity Assessment, By End-use, 2022 & 2032F |
10 Canada Cannabis Extract Market - Competitive Landscape |
10.1 Canada Cannabis Extract Market Revenue Share, By Companies, 2025 |
10.2 Canada Cannabis Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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