CCA Industries Inc
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Consumer Staples : Personal Products | Small Cap ValueCompany profile

CCA Industries, Inc. (CCA) manufactures and distributes health and beauty aid products. The Company is engaged in the sale of products in several health-and-beauty aids over-the-counter drug and remedies, and cosmeceutical categories. Under its brand names, the Company markets several different but categorically related products. The Company's principal brand and trademark names include Plus+White (oral health-care products), Sudden Change (skin-care products), Nutra Nail (nail treatments), Bikini Zone (pre and after-shave products), Hair Off (depilatories), Solar Sense (sun-care products), Sunset Cafe (perfumes), Lobe Wonder (ear-care product) and Scar Zone (scar diminishing cream).The Company markets its products to drug, food and mass-merchandise retail chains, warehouse clubs and wholesalers, throughout the United States, and through distributors internationally.

Closing Price
$2.77
Day's Change
0.00 (0.00%)
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(Light)
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10-day average volume:
3,066
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Cannabis Market to Exhibit 32.6% CAGR; Legalization of Medical Marijuana in Most Countries to Propel Growth, Says Fortune Business Insights

10:30 am ET August 29, 2019 (PR Newswire) Print

The increasing use of medicinal marijuana is creating lucrative growth opportunities for the global Cannabis Market says Fortune Business Insights in their new study. The study is titled, "Cannabis Market: Global Market Analysis, Insights, and Forecasts, 2018 to 2026". This report includes expert opinion from trusted sources and focusses on major factors driving and restricting the growth of the market during the forecast period, 2018 to 2026.

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According to Fortune Business Insights, the global Cannabis Market is anticipated to reach a value of US$ 97.35 Bn by the end of 2026 from US$ 10.60 Bn in 2018. The market is predicted to rise at a CAGR of 32.6% during the forecast period of 2019 to 2026.

Browse Complete Report Details with Table of Content and Figures:https://www.fortunebusinessinsights.com/industry-reports/cannabis-market-100219

According to the report, hemp flower, commonly known as 'bud,' accounts for the majority of the global Cannabis Market share in terms of product type. On the other hand, concentrates based out of marijuana are leading the global market in terms of product type. The higher penetration and better availability of these products boosts the market in developed nations, leading to a significant consumer base.

Increasing Application of Medicinal Cannabis to Promote Cannabis Market Growth

The rising awareness about medicinal properties of marijuana is a key factor driving the global Cannabis Market. Marijuana can help to cure disorders such as Alzheimer's disease, epilepsy, anorexia, chronic pain, arthritis, and other medical conditions. Besides this, the rising legalization of marijuana in several countries of the world is boosting the market globally.

However, the growth trajectory of the market could be bumpy on account of the complex regulatory structure observed in several countries and restrictions on cannabis use in many parts of the world. In addition to this, the declining price of marijuana in the market as the products are getting increasingly commoditized, may also cause hindrance to the market growth in the forecast period.

Nevertheless, many companies operating in the hemp market are investing increasingly in the research and development of novel products for delivery solutions. This is anticipated to create lucrative growth opportunities for the global Cannabis Market in the coming years.

North America Market to Remain Dominant on Account of Legalization of Medical Marijuana

Geographically, the global Cannabis Market is anticipated to be dominated by North America owing to the government-supported medical marijuana laws imposed in the U.S. In 2012, Washington and Colorado in the U.S. were the first two cities to legalize the use of cannabis for recreational purpose. As of July 2019, about eleven states and District of Columbia in the United States have legalized the use of cannabis for medicinal purpose. On the other hand, Canada is also playing a major role in the booming market of marijuana as it recently emerged as a flag-bearer country in marijuana legalization for recreational purpose. The fact that marijuana can help treat medical conditions such as arthritis, chronic pain, post-trauma conditions, Alzheimer's disease, epilepsy, anorexia, and others is anticipated to help the Cannabis Market in North America in the coming years.

Sample PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/cannabis-market-100219

Introduction of Innovative Cannabis Products to Intensify Market Competition

The global Cannabis Market is highly competitive on account of the presence of many players, and the introduction of new players into the market. The rising popularity of recreational marijuana and its usage at a wider level has further intensified the competition among vendors. Additionally, the switching preferences from the hemp bud or flower to the much-processed forms such as tropical products, oils, and other edibles are promoting market players to come up with more innovative products and thereby maintain a strong foothold in the market.

Key Companies Covered in the Report

-- Aurora Cannabis

-- Aphria Inc.

-- Canopy Growth Corporation

-- MedReleaf Corp.

-- Cronos Group Inc.

-- GW Pharmaceuticals, plc.

-- CannTrust Holdings Inc.

-- VIVO Cannabis Inc.

-- Tilray

-- OrganiGram Holdings

-- Other key players

Speak to Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/cannabis-market-100219

Table of Content:

-- Introduction

-- Research Scope

-- Market Segmentation

-- Research Methodology

-- Definitions and Assumptions

-- Executive Summary

-- Market Dynamics

-- Market Drivers

-- Market Restraints

-- Market Opportunities

-- Key Insights

-- Overview of the Narcotic Drugs & Psychotropic Substances

-- Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions

-- Production and Consumption Patterns of Cannabis - Analysis and Forecast

-- Regulatory Framework for Cannabis, by Country

-- Cannabis Market Investments Analysis and Details on Start-up Companies

-- Global Cannabis Market Analysis, Insights and Forecast, 2015-2026

-- Key Findings / Summary

-- Market Analysis, Insights and Forecast - By Type

-- Flowers

-- Concentrates

-- Market Analysis, Insights and Forecast - By Application

-- Medical

-- Recreational

-- Edibles

-- Topicals

-- Market Analysis, Insights and Forecast - By Geography

-- North America

-- Europe

-- Asia Pacific

-- Rest of the World

-- Competitive Analysis

-- Strategic Recommendations

Request for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/cannabis-market-100219

Browse Related Reports:

-- Carotenoids Market Size, Share and Global Trend by Type (Beta-Carotene, Lutein, Lycopene, Astaxanthin, Zeaxanthin, Canthaxanthin, and Others), By Application (Animal feed, Foods & Beverages, Dietary Supplements, Personal Care & Cosmetic, and Pharmaceuticals), By Source (Synthetic and Natural), and Geography Forecast till 2026

-- Corn Starch Market Size, Share and Global Trend by Type (Native Starch, Modified Starch, and Sweeteners), Application (Food and Beverage, Animal Feed, Paper and Board, and Others), and Geography Forecast till 2026

-- Probiotics Market Size, Share and Global Trend by Microbial Genus (Lactobacillus, Bifiodobacterium, Yeast), By Application (Functional Food and Beverage, Dietary Supplement, Animal Feed), By Distribution Channel (Supermarkets/Hypermarkets, Pharmacies/Health Stores, Convenience Stores, Online Retail), and Geography Forecast till 2025

-- Sorbitol Market Size, Share and Global Trend by Type (Liquid/ Syrupy and Powder/ Crystal), Application (Food & Beverages, Personal Care & Cosmetics, Pharmaceuticals, and Others), and Geography Forecast till 2026

About us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact us:Fortune Business Insights Pvt. Ltd. 308, Supreme Headquarters, Survey No. 36, Baner, Pune-Bangalore Highway, Pune - 411045, Maharashtra, India.US :+1-424-253-0390UK :+44-2071-939123 APAC :+91-744-740-1245Email: sales@fortunebusinessinsights.comWebsite: https://www.fortunebusinessinsights.com

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