openPR Logo
Press release

Cannabinoids Market Analysis, Size, Share, Growth And Global Forecast 2023-2032

Cannabinoids Market Report

Cannabinoids Market Report

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Cannabinoids Global Market Report 2023 identifies the rising prevalence of chronic diseases as the major driver for the cannabinoids market's growth in the forecast period. Chronic diseases refer to illnesses that last a year or longer and require ongoing medical attention. The effectiveness of cannabinoids, such as smoked marijuana, nabilone, dronabinol, in the treatment of chronic noncancer pain, was examined in a systematic review of randomized controlled trials.

The global cannabinoids market size is expected to grow from $27.47 billion in 2022 to $32.94 billion in 2023 at a compound annual growth rate (CAGR) of 19.92%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the cannabinoids market is expected to reach $68.38 billion in 2027 at a CAGR of 20.03%.

Download Free Sample Of Cannabinoids Market Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8079&type=smp

Major competitors in the cannabinoids market are Elixinol Global Limited, GW Pharmaceuticals PLC., Tilray Inc., The Cronos Group, Canopy Growth Corporation.

A key trend in the cannabinoids market includes the rise in research and development in medical cannabinoids. Major companies operating in the market are focused on research and development of new medicinal products and treatments through trials.

Read More On The Global Cannabinoids Market Report Here:
https://www.thebusinessresearchcompany.com/report/cannabinoids-global-market-report

The cannabinoids market is segmented -
•By Product Type: Tetrahydrocannabinol, Cannabinol, Other Product Types
•By Distribution: Hospital Pharmacies, Retail Pharmacies, Online Stores
•By Application: Medical, Recreational, Industrial Hemp
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the cannabinoids market.

The Business Research Company's "Global Cannabinoids Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

Explore Buying Options For The Cannabinoids Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8079

The Table Of Content For The Cannabinoids Market Include:
1. Executive Summary
2. Cannabinoids Market Characteristics
3. Cannabinoids Market Trends And Strategies
4. Cannabinoids Market - Macro Economic Scenario
5. Cannabinoids Market Size And Growth
……
26. Africa Cannabinoids Market
27. Cannabinoids Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cannabinoids Market
29. Cannabinoids Market Future Outlook and Potential Analysis
30. Appendix

Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cannabinoids Market Analysis, Size, Share, Growth And Global Forecast 2023-2032 here

News-ID: 3199623 • Views:

More Releases from The Business Research Company

Emerging Trends to Reshape the Surgical Energy Instruments Market: Innovative Technologies In Surgical Energy Instruments as a Key Influencer
Emerging Trends to Reshape the Surgical Energy Instruments Market: Innovative Te …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. Surgical Energy Instruments Market Size Valuation Forecast: What Will the Market Be Worth by 2025? In the past few years, the market size of surgical energy instruments has seen substantial growth. The market which is projected to be worth $4.68 billion in 2024, is expected to inflate to $5.2
2025-2034 Spatial omics Market Evolution: Disruptions, Innovations, and Untapped Opportunities
2025-2034 Spatial omics Market Evolution: Disruptions, Innovations, and Untapped …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Spatial omics Market Through 2025? In recent years, the size of the spatial omics market has seen rapid expansion. The estimations show an increase to $0.33 billion in 2025 from $0.3 billion in 2024, marking a compound annual growth rate (CAGR) of
Global Sigmoidoscope Market Projected to Grow at 6.1% CAGR, Reaching $3.38 Billion by 2029
Global Sigmoidoscope Market Projected to Grow at 6.1% CAGR, Reaching $3.38 Billi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Will the Sigmoidoscope Industry Market Size Be by 2025? In recent years, there has been a significant increase in the size of the sigmoidoscope market. The market is projected to expand from $2.53 billion in 2024 to $2.67 billion in 2025, demonstrating a compound annual growth rate (CAGR)
2025-2034 Refurbished MRI Systems Market Roadmap: Insights for Competitive Advantage
2025-2034 Refurbished MRI Systems Market Roadmap: Insights for Competitive Advan …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. How Large Will the Refurbished MRI Systems Market Size By 2025? The market size for refurbished MRI systems has experienced robust growth in the past few years. It is expected to rise from $0.77 billion in 2024 to $0.85 billion in 2025, showcasing a compound annual growth rate (CAGR)

All 5 Releases


More Releases for Cannabinoids

Cannabinoids Market Analysis, Size, Share & Trends | 2031
In recent years, the global Cannabinoids Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Cannabinoids Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis,
Cannabinoids Market Valuation to Hit USD 154 Billion by 2031
The latest research study released by Transparency Market Research on "Cannabinoids Market Forecast to 2023-2031 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Cannabinoids industry, as well as predicted future
Synthetic Cannabinoids Market to reach US$ 11.3 bn by 2030
The latest research study released by Transparency Market Research on "Synthetic Cannabinoids Market Forecast to 2020-2030 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Synthetic Cannabinoids industry, as well as
Cannabinoids Market Is Expected Significant Growth, Forecast From 2022 to 2030 : …
"Cannabinoids Market" Insights 2022 By Types, Applications, Regions and Forecast to 2030. The global Cannabinoids market size is projected to reach multi-million by 2030, in comparison to 2022, with unexpected CAGR during the forecast period, the Cannabinoids Market Report Contains Full TOC, Tables and Figures, and Chart with In-depth Analysis Pre and Post COVID-19 Market Outbreak Impact Analysis and Situation by Region. Cannabinoids Market Research Report is spread across the Pages
Who are the Leading Synthetic Cannabinoids Providers across the globe?
Synthetic Cannabinoids are anticipated to enter growth stage by mid-term forecast. Several biotech startups such as Emerald Health Pharmaceuticals, RespireRx etc are pioneering initiatives for the development of synthetic cannabinoid compounds which will augment the growth of synthetic cannabinoid market. On this backdrop, synthetic cannabinoids are projected to create an absolute dollar opportunity of US$ 89 Mn during forecast period. Browse Full Report - https://www.factmr.com/report/4156/synthetic-cannabinoids-market Dronabinol as a type of synthetic cannabinoid
Synthetic Cannabinoids Market Insights Focusing on Primary Trends until 2028
The Global Synthetic Cannabinoids Market 2020 report delivers a fundamental overview of the synthetic cannabinoids industry, including definitions, segmentation, applications and industry chain structure analysis. The synthetic cannabinoids market report provides competitive landscape analysis, major trends, and key regional development status. It also offers a competitive framework for major revenue-contributing firms covering company market shares with comprehensive profiles. The report provides a key overview of the market status of synthetic