Press release
Global Dronabinol Market Research Report 2023
Dronabinol is a form of delta-9-tetrahydrocannabinol , the primary psychoactive component of marijuana. demonstrates its effects through weak partial agonist activity at (CB1R) and (CB2R) receptors, which results in the well-known effects of smokingmariuana such as increased appetite, reduced pain, and changes in emotional and cognitive processes. Due to its evidence as an appetite stimulant and an anti-nauseant, Dronabinol is approved for use in anorexia associated with weight loss in patients with AIDS and for the treatment of nausea and vomiting associated with cancer chemotherapy in patients who have failed to respond adequately to conventional antiemetic treatments.
The global Dronabinol market was valued at US$ 240.9 million in 2022 and is anticipated to reach US$ 373.8 million by 2029, witnessing a CAGR of 6.4% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.
Global key players of Dronabinol include Canopy Growth, Noramco, Echo Pharmaceuticals, BOL Pharma and Aphios Corporation, etc. Top five players occupy for a share about 44%. North America is the largest market, with a share about 58%, followed by Europe and Asia-Pacific. In terms of product, Synthetic Dronabinol is the largest segment, with a share over 86%. In terms of application, Capsule is the largest market, with a share over 66%.
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Key Segmentations
By Company
Canopy Growth
Noramco
KinetoChem
Entourage Phytolab
Echo Pharmaceuticals
BOL Pharma
Aphios Corporation
Benuvia Manufacturing
Segment by Type
Synthetic Dronabinol
Natural Dronabinol
Segment by Application
Capsule
Oral Liquid
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
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Dronabinol is a form of delta-9-tetrahydrocannabinol (Δ⁹-), the primary psychoactive component of (marijuana). demonstrates its effects through weak partial agonist activity at -1 (CB1R) and -2 (CB2R) receptors, which results in the well-known effects of smoking…
