Global Dronabinol Market Growth 2023-2029

Global Dronabinol Market Growth 2023-2029

Product Code:461815

Published Date: Feb 08,2023

Pages: 99

Region: Global

Category: Pharma & Healthcare

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Dronabinol is a form of delta-9-tetrahydrocannabinol (Δ⁹-THC), the primary psychoactive component of cannabis (marijuana). THC demonstrates its effects through weak partial agonist activity at Cannabinoid-1 (CB1R) and Cannabinoid-2 (CB2R) receptors, which results in the well-known effects of smoking cannabis 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.

LPI (LP Information)' newest research report, the “Dronabinol Industry Forecast” looks at past sales and reviews total world Dronabinol sales in 2022, providing a comprehensive analysis by region and market sector of projected Dronabinol sales for 2023 through 2029. With Dronabinol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Dronabinol industry.

This Insight Report provides a comprehensive analysis of the global Dronabinol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Dronabinol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Dronabinol market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Dronabinol and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Dronabinol.

The global Dronabinol market size is projected to grow from US$ 235.7 million in 2022 to US$ 369.6 million in 2029; it is expected to grow at a CAGR of 369.6 from 2023 to 2029.

Global key players of Dronabinol include Canopy Growth, Noramco, THC Pharm, 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%.

This report presents a comprehensive overview, market shares, and growth opportunities of Dronabinol market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Synthetic Dronabinol
    Natural Dronabinol

Segmentation by application
    Capsule
    Oral Liquid

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Canopy Growth
    Noramco
    KinetoChem
    Entourage Phytolab
    THC Pharm
    Echo Pharmaceuticals
    BOL Pharma
    Aphios Corporation
    Benuvia Manufacturing

Key Questions Addressed in this Report
What is the 10-year outlook for the global Dronabinol market?
What factors are driving Dronabinol market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Dronabinol market opportunities vary by end market size?
How does Dronabinol break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?