The cannabis capsule global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Cannabis Capsule Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The canabis capsule market size has grown exponentially in recent years. It will grow from $31.96 billion in 2023 to $38.75 billion in 2024 at a compound annual growth rate (CAGR) of 21.3%. The growth in the historic period can be attributed to advancements in research and development, increased medical requirements, and growth in research and developments.
The cannabis capsule market size is expected to see rapid growth in the next few years. It will grow to $79.20 billion in 2028 at a compound annual growth rate (CAGR) of 19.6%. The growth in the forecast period can be attributed to increasing neurological disorders, increasing legalization, and growing consumer preferences. Major trends in the forecast period include product innovations, strategic partnerships, and technological advancements.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/cannabis-capsule-global-market-report
Scope Of Cannabis Capsule Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Cannabis Capsule Market Overview
Market Drivers –
The increasing number of neurological disorders is expected to propel the growth of the cannabis capsule market going forward. Neurological disorder refers to a medical condition affecting the central and peripheral nervous systems. It affects not just the spinal cord’s and body’s nerves but also the brain. Compounds found in cannabis capsules, such as cannabidiol (CBD), have potential beneficial effects for neurological disorders, as they are used to prevent the development of social recognition memory deficits in conditions such as Alzheimer’s disease. For instance, in October 2022, according to the Centers for Disease Control and Prevention, a US-based federal agency, up to 5.8 million Americans suffered from Alzheimer’s disease in 2020, and this population is expected to almost triple to 14 million by 2060. Therefore, the increasing number of neurological disorders is driving the growth of the cannabis capsule market.
Market Trends –
Major companies operating in the cannabis capsule market are focused on introducing innovative solutions, such as oral cannabis capsules, to gain a competitive edge in the market. An oral cannabis capsule is a form of cannabis consumption that involves encapsulating cannabis compounds, such as oil and decarboxylated flower, into pill form. For instance, in January 2023, Holistic Industries, a US-based organic medical cannabis company, launched CANNACEUTICA in the USA, the first oral cannabis capsule with dosing guidelines specifically formulated for and studied by people who suffer from chronic pain. It is a first-of-its-kind product and an alternative to opioids, with evidence and easy dosing guidelines. The oral cannabis pill comes with an Easy Dose Chart and easy dosing guidelines in each bottle to assist users in finding the optimal dose. The recommended starting dose is 2.5 milligrams of THC (Tetrahydrocannabinol).
The cannabis capsule market covered in this report is segmented –
1) By Type: High Tetrahydrocannabinol Capsules, Tetrahydrocannabinol Or Cannabinol Balance Capsule, High Cannabinol Capsules
2) By Compound: Tetrahydrocannabinol (THC)-Dominant, Cannabidiol (CBD)-Dominant
3) By End User: Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Sales
Get an inside scoop of the cannabis capsule market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=13818&type=smp
Regional Insights –
North America was the largest region in the cannabis capsule market in 2023. The regions covered in the cannabis capsule market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
GW Pharmaceuticals PLC, Trulieve Cannabis Corp., Green Thumb Industries Inc., Tilray Inc., Columbia Care Inc., Aphria Inc., Curaleaf Holdings Inc., Canopy Growth Corporation, Cresco Labs Inc., Aurora Cannabis Inc., Organigram Holdings Inc., Harvest Health & Recreation Inc., Cronos Group Inc., TerrAscend Corp., Vireo Health International Inc., Charlotte’s Web Holdings Inc., The Valens Company Inc., Acreage Holdings Inc., Neptune Wellness Solutions Inc., CannTrust Holdings Inc., Valens Company Inc., HEXO Corp., Cann Group Limited, Plus Products Inc., Heritage Cannabis Holdings Corp., PharmaCielo Ltd., MediPharm Labs Corp., Sundial Growers Inc., MedReleaf Corp. , Wana Brands
Table of Contents
1. Executive Summary
2. Cannabis Capsule Market Report Structure
3. Cannabis Capsule Market Trends And Strategies
4. Cannabis Capsule Market – Macro Economic Scenario
5. Cannabis Capsule Market Size And Growth
…..
27. Cannabis Capsule Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
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
