Biosynthesis of Cannabinoids Market was valued at US$ 16.71 Bn. in 2021. The global Biosynthesis of Cannabinoids Market size is expected to grow at a CAGR of 15.2 % through the forecast period.
Biosynthesis of Cannabinoids Market Overview
The global market intelligence firm Maximize Market research has published new Biosynthesis of Cannabinoids Market report that indicates the fruitful growth in the Biosynthesis of Cannabinoids Market in the forecast period by 2029. The Maximize Market Research have customers globally and has served in than more 34 countries and 600 clients since 2017. The report highlights the common subjects with unique data base which is analysed by industry experts.
The cannabis plant contains a lot of cannabinoids. The biosynthesis process generates the cannabinoids. Additionally, even though the biosynthesis process is not more preferred, it has the potential to alter how cannabinoids are produced in the future. THC (delta-9-tetrahydrocannabinol) and CBD are the two main cannabinoids (CBD). The most commonly known of the two is delta9tetrahydrocannabinol (THC), which is the chemical that is responsible for the psychoactive effects of cannabis.
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Market Scope
The Biosynthesis of Cannabinoids Market report provides us and in-depth analysis of the key trends, dynamics and other issues. The key findings of the report comprises of the market sizing, its segmentation and competitive analysis of the industry. It covers the key insights of the market with a detailed regional, demand and competitor analysis. Key players and new entrants of the market are also analysed while researching to draw a competitive landscape. Several factors like revenue generated, production capacity, and products differentiation are taken into consideration while researching. Segment wise analysis of the industry is conducted to understand the behaviour and geographic changes of the industry.
SWOT analysis was conducted to provide the strengths, weakness, opportunities and upcoming threats over the market. Porter’s five forces analysis helps one drive deeper into the industry to tweak strategies according to market and current market scenario to increase profit margins and a step ahead of the competitors in the market. PESTLE was employed to understand the actual potential impact of the external factors affecting the Biosynthesis of Cannabinoids Market . Thus the report provides a detailed overview of the Biosynthesis of Cannabinoids Market .
Biosynthesis of Cannabinoids Market Segmentation
Based on Type: The Biosynthesis of Cannabinoids Market is divided into Cannabigerol dominant, CBD dominant, THC dominant, and balanced CBD & THC. CBD cannabidiol and THC (tetrahydrocannabinol) are the two most prevalent cannabinoids found in cannabis products, with a large market share each.
The Biosynthesis of Cannabinoids Market is divided into four categories based on application: pain management, anxiety management, appetite stimulation, and nausea management. )
Depending on the end user, the market is divided into segments for research and development, recreation, and medicine. A sizeable market share belongs to the medical industry. Many of the compounds found in cannabis, especially delta-9-tetrahydrocannabinol and cannabidiol, have potential medical benefits.
Key Players
• Hyasynth Biologicals
• Amyris Inc
• Demetrix
• Jazz pharmaceuticals
• Lygos
• Renew Biopharma
• CB Therapeutics
• Canopy Growth Corp
• Zymergen Inc
• Cronos Group Inc
• Ginko Bioworks
• Creo
• Constellation Brands Inc
• Evolva Holding SA
• Willow Bioscience Inc
• InMed Pharmaceuticals
• Purisys
• Renew Pharma
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Regional Analysis
The study of the market by segmenting it into specific regions provides the main objective market and evaluates the strategies for growth used by keys competitors in the specific regions. It provides identification of regional market trends, restrictions and development areas and new opportunities of the market. The report assists in planning and implementing the new strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
Key Questions answered in the Biosynthesis of Cannabinoids Market Report are:
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Key offerings:
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Mar 15, 2023
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