Global Synthetic Cannabinoids Market: Global Size, Trends, Competitive, Historical &Forecast Analysis, 2020-2025–Increase in the prevalence of synthetic cannabinoid therapies for diseases such as arthritis, acute and chronic pain are expected to boost the growth of synthetic cannabinoids market over forecast period
Scope of Global Synthetic Cannabinoids Market Reports –
Synthetic cannabinoids are human-made mind-altering chemicals that are either sprayed on dried, shredded plant material so they can be smoked or sold as liquids to be vaporized and inhaled in e-cigarettes and other devices
Synthetic Cannabinoids Companies:
Some major key players for global synthetic cannabinoids market are, Noramco, Lygos (Librede), CV Sciences, Hyasynth Biologicals, Renew Biopharma, Insys Therapeutics, CannBioRx Life Sciences, Ginkgo Bioworks, Others
NEWS:
Lygos Acquires Librede to Accelerate Cannabinoid Production for Consumer, Nutraceutical and Pharmaceutical Products.
Jan 15, 2020: - Lygos, Inc. a full-stack provider of sustainable specialty chemicals that deliver high-value performance without environmental toxicity, today announced the acquisition of Librede, Inc., an emerging synthetic biology company focused on cannabinoid products for the consumer market. The combined proprietary technology platforms enable Lygos to accelerate the development of high-quality, sustainable and rare cannabinoids and rapidly commercialize new innovative cannabinoid-based consumer, Nutraceutical and pharmaceutical products. Financial terms of the transaction were not disclosed.
Global Synthetic Cannabinoids Market Dynamics –
Rise in awareness about the advantages of synthetic cannabis in the treatment of pain, skin disease, vomiting, and depression are likely to drive the global synthetic cannabinoids market. According to the World Health Organization (WHO) in 2019, the estimated that chronic pain affects 20.5% of the world population
Global Synthetic Cannabinoids Market Regional Analysis –
North America is anticipated to grow at a rapid pace during the forecast period. They can be attributed to the wide availability of products and presence of major companies constantly promoting its brand among health care professionals in the region.
Key Benefits for Global Synthetic Cannabinoids Market Reports
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Global Synthetic Cannabinoids Market report covers in depth historical and forecast analysis.
Global Synthetic Cannabinoids Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Synthetic Cannabinoids Market report helps to identify opportunities in market place.
Global Synthetic Cannabinoids Market report covers extensive analysis of emerging trends and competitive landscape.
Global Synthetic Cannabinoids Market Segmentation –
By Product Type: High-Pure Synthetic Cannabinoid, Ultra-Pure Synthetic Cannabinoid, Others
By Application: Pharmaceutical, Consumer Good, Others
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany,
Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa