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How has the cannabis capsule market size evolved in recent years?

Over the years, the market size of cannabis capsules has seen substantial growth. It is projected to expand from $38.75 billion in 2024 to $47.37 billion in 2025, indicating a compound annual growth rate (CAGR) of 22.2%. The significant growth during the historic period could be linked to progressive strides made in research and development, a surge in medical necessities, and advancements in investigation and development efforts.

What are the predictions for the cannabis capsule market size in the coming years?

In the coming years, the cannabis capsule market is forecasted to undergo swift expansion. It is projected that by 2029, the worth of this market will reach $93.59 billion, with a compound annual growth rate (CAGR) of 18.6%. Factors such as the rising incidence of neurological disorders, the progressive legalization, and shifting consumer tastes are believed to be the main contributors to the growth during the predicted period. The market trends to anticipate in the forecasted time frame are advancements in product innovations, strategic collaborations, and technology.

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What key factors are fueling the growth of the cannabis capsule market?

The expansion of the cannabis capsule market is anticipated to be spurred by the escalating cases of neurological disorders. These disorders are medical conditions that afflict the central and peripheral nervous systems, including the spinal cord, body’s nerves, and the brain. Cannabis capsules contain compounds such as cannabidiol (CBD), which are known to potentially provide relief for neurological disorders by preventing the progression of social recognition memory deficits, a common symptom of diseases like Alzheimer’s. For example, the World Federation of Neurology, a UK-based organization of national neurological associations, indicated in October 2023 that more than 40% of people worldwide are currently dealing with a type of neurological disorder. This percentage is expected to nearly double by 2050. This surge in neurological disorders is thus fueling the rise of the cannabis capsule market.

How is the global cannabis capsule market divided into key segments?

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

Subsegments:

1) By High Tetrahydrocannabinol Capsules: Full-Spectrum Capsules, Isolate Capsules

2) By Tetrahydrocannabinol Or Cannabinol Balance Capsule: Ratio Capsules, Blend Capsules

3) By High Cannabinol Capsules: Full-Spectrum CBN Capsules, Isolate CBN Capsules

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Who are the key firms paving the way for growth in the cannabis capsule market?

Major companies operating in the cannabis capsule market report are 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

Which trends are expected to transform the cannabis capsule market?

Leading businesses in the cannabis capsule market are positioning themselves favorably by rolling out novel products like oral cannabis capsules. These capsules are developed by encapsulating cannabis constituents such as oil and decarboxylated flower. For example, in January 2023, Holistic Industries, a U.S.-based organic medicinal cannabis company, unveiled CANNACEUTICA, the USA’s first oral cannabis capsule with dosing recommendations specifically designed for and trialed by chronic pain sufferers. This product is a pioneering alternative to opioids, comes with solid evidence, and provides easy dosing instructions. Every bottle features an Easy Dose Chart and straightforward dosing rules to help users identify their perfect dosage. The suggested dose to start with is 2.5 milligrams of THC (Tetrahydrocannabinol).

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What regions are contributing significantly to the growth of the cannabis capsule market?

North America was the largest region in the cannabis capsule market in 2024. The regions covered in the cannabis capsule market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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