Global Cannabis Capsule Market
Pharmaceuticals

Global Cannabis Capsule Market Report 2024: Size, Drivers, And Top Segments

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What is the Expected Growth Rate of the Cannabis Capsule Market from 2024 to 2033?

The cannabis capsule market is expected to surge from $31.96 billion in 2023 to $38.75 billion in 2024, at a CAGR of 21.3%. This growth is attributed to advancements in research and development, increasing medical needs, and the expansion of R&D efforts.

The cannabis capsule market is expected to grow rapidly, reaching $79.20 billion by 2028, with a CAGR of 19.6%. This growth is attributed to the rise in neurological disorders, increasing legalization, and consumer preferences. Key trends include product innovations, strategic partnerships, and technological advancements.

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What Key Factors Are Fueling the Growth of the Cannabis Capsule Market?

The cannabis capsule market is expected to grow due to the rising number of neurological disorders. Compounds in cannabis, like CBD, may help alleviate symptoms associated with these conditions. The CDC reported that Alzheimer’s disease cases in the U.S. could rise to 14 million by 2060. Consequently, the increasing prevalence of neurological disorders is fostering the cannabis capsule market’s growth.

What Are the Major Segments of the Cannabis Capsule Market?

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

What New Trends Are Transforming the Cannabis Capsule Market?

Companies in the cannabis capsule market are introducing innovative solutions such as oral cannabis capsules. Holistic Industries launched CANNACEUTICA in January 2023, the first oral cannabis capsule with specific dosing guidelines for chronic pain sufferers, offering an alternative to opioids.

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Which Regions Are Driving Growth in the Cannabis Capsule Market?

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.

The Cannabis Capsule Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the cannabis capsule market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Cannabis Capsule Market Include

1. Cannabis Capsule Market Executive Summary

2. Cannabis Capsule Market Segments

3. Cannabis Capsule Market Size And Template Market Growth Rate

4. Key Cannabis Capsule Market Trends

5. Major Cannabis Capsule Market Drivers

……

25. Key Mergers And Acquisitions In The Cannabis Capsule Market

26. Top Cannabis Capsule Companies

27. Cannabis Capsule Market Opportunities And Strategies

28. Cannabis Capsule Market, Conclusions And Recommendations

29. Appendix

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