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Synthetic Cannabinoids Market

Synthetic Cannabinoids Market Analysis Repot By Type (Dronabinol, Nabilone), By Region - Global Market Insights 2019 to 2029<br>

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Synthetic Cannabinoids Market

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  1. Copyright © Fact.MR All Rights Reserved Global Synthetic cannabinoid market is projected to grow at an astounding CAGR of more than 16% during forecast period 2019 “ 2029.

  2. About Fact.MR Fact.MR (FMR) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMR is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Social Media Research Customized Research Syndicated Research Investment Research Research Capabilities Sector Coverage • Automotive and Transportation • Electronics, Semiconductor, and ICT • Retail and Consumer Products • Industrial Automation and Equipment • Customized Research • Syndicated Research • Investment Research • Social Media Research • Chemicals & Materials • Food and Beverages • Services and Utilities • Energy, Mining, Oil, and Gas For detailed subscription information please contact Website: www.factmr.com For sales queries or new topics email us on: sales@factmr.com Subscription Information Copyright © Fact.MR All Rights Reserved

  3. ResearchMethodology Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 Market profiling 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions Primary Research 4 SOLUTION Data collection • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research Data validation 6 C Data analysis Primary Research # • Secondary Research # • Paid Publications# Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights Systematic Research Approach Copyright © Fact.MR All Rights Reserved

  4. Report Scope & Segmentation Synthetic cannabinoids have emerged as a novel therapeutic drug for epilepsy, spasticity, inflammation etc. Synthetic cannabinoids for medical purposes have been commercialized since 2016 and are showing rapid adoption for different medical ailments. Synthetic cannabinoid market is projected to grow at an astounding CAGR of more than 16% during forecast period 2019 – 2029 showcasing a dexterous growth as per Fact.MR’s latest report. Report Scope Digital Remittance Copyright © Fact.MR All Rights Reserved

  5. Key Takeaways • Dronabinol type of synthetic cannabinoid accounts for more than 90% market share and is expected to witness a rising growth curve in synthetic cannabinoids owing to novel usage of drugs in several experimental therapies such as arthritis and cancer • Nabilone showcases a marginal contribution to global synthetic cannabinoids market and is projected to grow 4.5X over period of forecast 2019 – 2029, due to increased legal and pharmaceutical usage in United States, Canada and Europe. • North America synthetic cannabinoids market is projected to hold around two third of market share. However, Asia Pacific and Latin America are projected to grow at a higher CAGR than the global average. • Europe synthetic cannabinoids market is the second largest market and is anticipated to hold around 20% market share in terms of value and likely to gain 180 BPS over forecast period 2019 – 2029. • Get To Know More About The Market Copyright © Fact.MR All Rights Reserved

  6. Positive Investment Flows to Expand Product Portfolio and Research & Development Initiatives of Stakeholders • A positive flow of investments from pharmaceutical giants is likely to propel the development of synthetic cannabinoids and compounds. For instance, in year 2019, Ginkgo Bioworks, Inc. raised funds of more than US$$ 350 Mn through investments from several investors for the development of synthetic cannabinoids. This has helped them increase production capacity. • Market leaders in synthetic cannabinoids such as Noramco, Inc. CannBioRx Life Sciences, Hyasynth Biologicals, Inc. etc are developing synthetic cannabinoids through novel techniques of synthesis. Moreover, these companies are shifting their focus on research and development of molecules through development of strains of microbes and yeast for biosynthesis of synthetic cannabinoid. Request For Sample Report Copyright © Fact.MR All Rights Reserved

  7. “Setting goals is the first step in turning the invisible into the visible” Website: www.factmr.com For sales queries or new topics email us on: sales@factmr.com For other queries contact:Suite 9884, 27 Upper Pembroke Street,Dublin 2, Ireland Tel: +353-1-6111-593 Copyright © Fact.MR All Rights Reserved

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