Dronabinol Market to rise at CAGR of 6.4% through 2027 as per the latest report by TMR

The global Dronabinol market was valued at US$ 235.1 million in 2020 and is expected to reach US$ 350.3 million by the end of 2027, growing at a CAGR of 6.4% during 2021-2027.

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.

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%.

Global Dronabinol Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Dronabinol Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Canopy Growth, Noramco, KinetoChem, Entourage Phytolab, THC Pharm, Echo Pharmaceuticals, BOL Pharma, Aphios Corporation, Benuvia Manufacturing and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-dronabinol-market-research-report

Segment by Type

  • Synthetic Dronabinol
  • Natural Dronabinol

Segment by Application

  • Capsule
  • Oral Liquid

Table of Content:

1 Dronabinol Market Overview

2 Dronabinol Market Competition by Manufacturers

3 Dronabinol Retrospective Market Scenario by Region

4 Global Dronabinol Historic Market Analysis by Type

5 Global Dronabinol Historic Market Analysis by Application

6 Key Companies Profiled

7 Dronabinol Manufacturing Cost Analysis

8 Marketing Channel, Distributors and Customers

9 Dronabinol Market Dynamics

10 Global Dronabinol Market Forecast

11 Research Finding and Conclusion

12 Methodology and Data Source

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