Press release
Psychoactive Drug Market to reach USD 11.47 Bn by 2029, emerging at a CAGR of 15.2 percent and forecast 2023-2029
Psychoactive Drug Market
The report utilizes robust research methodologies to offer a detailed analysis of the psychoactive drug market. Data from market players, regions, and specific requirements have been incorporated into the study. The report presents key data analysis in the form of statistics, infographics, and presentations.
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Psychoactive Drug Market Dynamics:
The primary driver of the psychoactive drug market is the versatile nature of psychoactive substances, which serve various purposes, including therapeutic, recreational, and ceremonial use. However, risks associated with general anesthesia and the impact of the COVID-19 pandemic are significant market restraints.
Psychoactive Drug Market Regional Insights:
North America dominates the global psychoactive drug market, driven by increased awareness of psychological illnesses such as depression and anxiety. Additionally, factors like financial hardships and changing family structures contribute to market growth. In 2020, approximately 63 million people globally used opioids for non-medical reasons, with North America having the highest prevalence at 3.7%.
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Psychoactive Drug Market Segmentation:
by Type
Diphenhydramine (Benadryl)
Amanita muscaria mushroom
Tylenol 3 (contains codeine)
Codeine
Pipe tobacco
Bupropion (Zyban)
Hashish
Other
by Application
Anesthesia
Pain management
Mental disorders
Recreation
Ritual and spiritual
Military
Other
Psychoactive Drug Market Key Players:
1. Abbott Laboratories
2. Sanofi S.A.
3. Cipla Limited
4. Biocon Limited
5. Intas Pharmaceuticals Ltd.
6. Sun Pharmaceutical Industries Ltd.
7. Cadila Pharmaceuticals
8. Lupin Limited
9. Emcure Pharmaceuticals Ltd.
10. Novartis International AG
11. Dr. Reddy's Laboratories Limited
12. Alkem Laboratories Limited
13. The Emmes Company
14. Klarisana
15. AstraZeneca
16. F. Hoffmann-La Roche Ltd
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Table of content for the Psychoactive Drug Market includes:
Global Psychoactive Drug Market : Research Methodology
Global Psychoactive Drug Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Psychoactive Drug Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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