+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Global Cannabis Pharmaceuticals Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

  • PDF Icon

    Report

  • 176 Pages
  • February 2024
  • Region: Global
  • Infogence Global Research
  • ID: 5669417

In Europe however, there is a clear trend towards the use of more precise formulations of unapproved cannabis products as well as pharmaceutical products

The Global The Cannabis Pharmaceuticals Market is estimated to be USD 1.42 Bn in 2023 and is expected to reach USD 3.34 Bn by 2028 growing at a CAGR of 18.63%

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Cannabis Pharmaceuticals Market is segmented based on Brand, Product Type, Distribution Channel, Application, and Geography.
  • By Brand, the market is classified into Epidiolexand Sativex.
  • By Product Type, the market is classified into Ointments & Creams and Solids & Dissolvable Powder & Oil.
  • By Distribution Channel, the market is classified into Hospital Pharmacies, Online Pharmacies and Retail Pharmacies.
  • By Application, the market is classified into Arthritis, Cancer, Epilepsy and Migraine.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are AbbVie Inc., Amyris, Inc., Aurora Cannabis, Inc., Botanix Pharmaceuticals, Breath of Life Pharma, Ltd., Cannabis Science, Inc., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Cannabis Pharmaceuticals Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Cannabis Pharmaceuticals Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Cannabis Pharmaceuticals Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increase in the Legalization of Medicinal Cannabis in Economies
4.1.2 Growing Awareness about the Medical Benefits of Cannabidiol and Its Remedial Properties
4.1.3 Growing Usage of Cannabis-based Pharmaceuticals for Various Indications such as Inflammation, Chronic P
4.2 Restraints
4.2.1 High Price Associated with the Medical Cannabis
4.3 Opportunities
4.3.1 Rise in Investments by Pharma Companies in CBD and Developments for Cannabinoid Regulation
4.3.2 Innovation and Launching New Products
4.4 Challenges
4.4.1 Availability of Various Alternatives in the Market
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
5.5 PESTLE Analysis
6 Global Cannabis Pharmaceuticals Market, By Brand
6.1 Introduction
6.2 Epidiolex
6.3 Sativex
7 Global Cannabis Pharmaceuticals Market, By Product Type
7.1 Introduction
7.2 Ointments & Creams
7.3 Solids & Dissolvable Powder & Oil
8 Global Cannabis Pharmaceuticals Market, By Distribution Channel
8.1 Introduction
8.2 Hospital Pharmacies
8.3 Online Pharmacies
8.4 Retail Pharmacies
9 Global Cannabis Pharmaceuticals Market, By Application
9.1 Introduction
9.2 Arthritis
9.3 Cancer
9.4 Epilepsy
9.5 Migraine
10 Americas’ Cannabis Pharmaceuticals Market
10.1 Introduction
10.2 Argentina
10.3 Brazil
10.4 Canada
10.5 Chile
10.6 Colombia
10.7 Mexico
10.8 Peru
10.9 United States
10.10 Rest of Americas
11 Europe’s Cannabis Pharmaceuticals Market
11.1 Introduction
11.2 Austria
11.3 Belgium
11.4 Denmark
11.5 Finland
11.6 France
11.7 Germany
11.8 Italy
11.9 Netherlands
11.10 Norway
11.11 Poland
11.12 Russia
11.13 Spain
11.14 Sweden
11.15 Switzerland
11.16 United Kingdom
11.17 Rest of Europe
12 Middle East and Africa’s Cannabis Pharmaceuticals Market
12.1 Introduction
12.2 Egypt
12.3 Israel
12.4 Qatar
12.5 Saudi Arabia
12.6 South Africa
12.7 United Arab Emirates
12.8 Rest of MEA
13 APAC’s Cannabis Pharmaceuticals Market
13.1 Introduction
13.2 Australia
13.3 Bangladesh
13.4 China
13.5 India
13.6 Indonesia
13.7 Japan
13.8 Malaysia
13.9 Philippines
13.10 Singapore
13.11 South Korea
13.12 Sri Lanka
13.13 Thailand
13.14 Taiwan
13.15 Rest of Asia-Pacific
14 Competitive Landscape
14.1 Competitive Quadrant
14.2 Market Share Analysis
14.3 Strategic Initiatives
14.3.1 M&A and Investments
14.3.2 Partnerships and Collaborations
14.3.3 Product Developments and Improvements
15 Company Profiles
15.1 AbbVie, Inc.
15.2 Amyris, Inc.
15.3 Aurora Cannabis, Inc.
15.4 Botanix Pharmaceuticals
15.5 Breath of Life Pharma, Ltd.
15.6 Cannabis Science, Inc.
15.7 Canopy Growth Corp.
15.8 Cara Therapeutics, Inc.
15.9 CB Therapeutics Inc.
15.10 Corbus Pharmaceuticals Holdings, Inc.
15.11 Cronos Group, Inc.
15.12 GW Pharmaceuticals, PLC
15.13 Insys Therapeutics, Inc.
15.14 Medical Marijuana, Inc.
15.15 Medicure Pharmaceuticals
15.16 MedReleaf Corp.
15.17 MGC Pharmaceuticals, Ltd.
15.18 Pascal Biosciences, Inc.
15.19 PharmaCyte Biotech, Inc.
15.20 Serina Therapeutics, Inc.
15.21 Teva Pharmaceutical Industries, Ltd.
15.22 Tilray, Inc.
15.23 Valeant Pharmaceuticals
15.24 Zynerba Pharmaceuticals, Inc.
16 Appendix
16.1 Questionnaire

Companies Mentioned

  • AbbVie, Inc.
  • Amyris, Inc.
  • Aurora Cannabis, Inc.
  • Botanix Pharmaceuticals
  • Breath of Life Pharma, Ltd.
  • Cannabis Science, Inc.
  • Canopy Growth Corp.
  • Cara Therapeutics, Inc.
  • CB Therapeutics Inc.
  • Corbus Pharmaceuticals Holdings, Inc.
  • Cronos Group, Inc.
  • GW Pharmaceuticals, PLC
  • Insys Therapeutics, Inc.
  • Medical Marijuana, Inc.
  • Medicure Pharmaceuticals
  • MedReleaf Corp.
  • MGC Pharmaceuticals, Ltd.
  • Pascal Biosciences, Inc.
  • PharmaCyte Biotech, Inc.
  • Serina Therapeutics, Inc.
  • Teva Pharmaceutical Industries, Ltd.
  • Tilray, Inc.
  • Valeant Pharmaceuticals
  • Zynerba Pharmaceuticals, Inc.

Table Information