What is Recreational Drugs?
Recreational drugs are chemical substances taken for enjoyment, or leisure purposes, rather than for medical reasons. Alcohol, tobacco, and caffeine can be classed as recreational drugs but are not covered in this leaflet. Recreational drugs are usually started to provide pleasure or improve life in some way. However, they can lead to addiction, health, and social problems, and to crime. Most are illegal, so their use comes with all the consequences of breaking the law.
The market study is broken down by Type (Depressants, Stimulants, Euphoriants, Hallucinogens and Inhalants) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that Players from United States will contribute to the maximum growth of Global Recreational Drugs market throughout the predicted period.
Manitoba Harvest (Canada), Cw Hemp/cw Botanicals (United States), Canopy Growth Corporation (Canada), Aurora Cannabis Inc. (Canada), MedMen (United States), Terra Tech Corp. (United States), Aphria Inc. (Canada), VIVO Cannabis Inc. (Canada), The Cronos Group (Canada), Medical Marijuana Inc. (United States), Stenocare (Denmark) and Tikun Olam (Israel) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Organigrams Holding Inc. (Canada), Cresco Labs (United States), Maricann Group Inc. (Canada), Indiva (Canada), Hexo Corp. (Canada), Ecofibre Limited (Australia), Curaleaf Holdings (United States), Harvest Health and Recreation (United States), Green Thumb Industries (United States) and TerrAscend Canada).
AdvanceMarketAnalytics has segmented the market of Global Recreational Drugs market by Type, Application and Region.
On the basis of geography, the market of Recreational Drugs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. B2B will boost the Recreational Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Men will boost the Recreational Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increase in R&D and Technological Innovation
- Growth in the Medical Applications of Recreational Drugs
- Increase in Legalization of Recreational Drugs and Rise in Social Acceptance of Marijuana
- Product Development via Research and Novel Product Delivery Solutions
- Emergence of Recreational Drugs Legalization in the Asia Pacific
- Complex Regulatory Structure for the Usage of Recreational Drugs
- Intensive Energy Consumption and Maintaining Product Consistency for the Cultivation of Recreational Drugs
- Myths Associated with Recreational Drugs
Key Target AudienceRecreational Drugs Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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