Dronabinol Market

The global Dronabinol (CAS 1972-08-3) market was valued at 146.68 Million USD in 2021 and will grow with a CAGR of 4.55% from 2021 to 2027, based on Research newly published report.

The prime objective of Dronabinol Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Dronabinol Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Dronabinol is a form of delta-9-tetrahydrocannabinol (-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.In 2019, the global Dronabinol (CAS 1972-08-3) market is led by North America. Europe is the second-largest region-wise market. Noramco, Canopy Growth, THC Pharm, Echo Pharmaceuticals and Aphios Corporation are the major players in the world, top five manufactures occupied nearly 52% of the revenue market share in 2019. In terms of types, Purity 99% occupied the largest sales share of about 72% in 2019.

By Market Verdors:

• In terms of types, Purity 99% occupied the largest sales share of about 72% in 2019.
• Canopy Growth
• Noramco
• KinetoChem
• Entourage Phytolab
• THC Pharm
• Echo Pharmaceuticals
• BOL Pharma
• Aphios Corporation
• Benuvia Manufacturing

By Types:

• Purity 98%
• Purity 99%

By Applications:

• Capsule
• Oral Liquid

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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