The market for Cannabis Extract Machine will is USD 8497.5 Million worldwide in 2023, based on Cognitive Market Research, and will increase at a 15.5% compound annual growth rate (CAGR) between 2023 and 2030.
The market for cannabis extract machines will reach USD 8497.5 Million worldwide in 2023.
Favourable Government regulations for cannabis use will expand markets for manufacturers of CBD extraction equipment
Recreational cannabis dominates the majority of this market in this industry.
The sub/supercritical CO2 extraction machine category led the market in 2023.
According to Cognitive Market Research, North America ruled the market in 2023 and contributed more than 35% of global revenue as a result of various factors.
