Thailand Medical Cannabis Market Analysis

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Thailand Medical Cannabis Market Analysis

  • Medical Devices
  • Upcoming Report
  • Feb 2024
  • Country Level
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Table of Content

  1. introduction
    1. OBJECTIVES OF THE STUDY
    2. MARKET DEFINITION
    3. OVERVIEW of Thailand MEDICAL CANNABIS market
    4. LIMITATIONs
    5. MARKETS COVERED
  2. MARKET SEGMENTATION
    1. MARKETS COVERED
    2. geographical scope
    3. years considered for the study
    4. currency and pricing
    5. DBMR TRIPOD DATA VALIDATION MODEL
    6. MULTIVARIATE MODELLING
    7. primary interviews with key opinion leaders
    8. DBMR MARKET POSITION GRID
    9. market application coverage grid
    10. secondary sourcEs
    11. assumptions
  3. EXECUTIVE SUMMARY
  4. premium insights
  5. THAILAND MEDICAL CANNABIS MARKET: REGULATIONS
    1. THAILAND
  6. THAILAND MEDICAL CANNABIS MARKET: SUPPLY CHAIN ANALYSIS
    1. CULTIVATORS AND GROWERS
    2. MANUFACTURER AND PRODUCER
    3. TESTERS
    4. WHOLESALE AND DISTRIBUTORS
    5. RETAILERS
  7. Market Overview
    1. DRIVERS
      1. INCREASED MEDICINAL USE
      2. LEGALIZATION OF CANNABIS
      3. INITIATIVES TAKEN BY MANUFACTURERS
      4. INCREASED USAGE OF CANNABIS SEEDS IN COSMETIC PRODUCTS
      5. FUNCTIONAL PROPERTIES OF CANNABIS AND THEIR INCREASED USE IN DIFFERENT INDUSTRIES
    2. RESTRAINTS
      1. COMPLEX REGULATORY STRUCTURE FOR USAGE OF CANNABIS
      2. LONG TERM USE CAN CAUSE ADVERSE EFFECTS
      3. HIGH COST
    3. OPPORTUNITIES
      1. NOVEL PRODUCT DEVELOPMENT WITH INCREASING R & D ACTIVITIES
      2. INCREASED ADOPTION OF CANNABIS FOR RECREATIONAL PURPOSE
      3. GROWING GERIATRIC POPULATION
      4. INCREASING PREVALENCE OF CHRONIC DISEASES
    4. CHALLENGES
      1. RISE OF MARIJUANA BLACK MARKET
      2. SIDE EFFECTS RELATED TO THE USE OF CANNABIS
      3. SHORTAGE OF PERSONNEL
  8. IMPACT OF COVID-19 ON THAILAND MEDICAL CANNABIS MARKET
    1. IMPACT ON PRICE
    2. IMPACT ON DEMAND
    3. IMPACT ON SUPPLY
    4. KEY INITIATIVES BY MARKET PLAYER DURING COVID 19
    5. CONCLUSION:
  9. THAILAND MEDICAL CANNABIS MARKET, BY product
    1. overview
    2. oil
      1. By Type
        1. CBD Oil Concentrates
        2. CBD Vape Oil
        3. CBD Tinctures
      2. By Source
        1. Marijuana Based
        2. Hemp Based
      3. By Species
        1. Sativa
        2. Hybrid
        3. Cannabis Indica
    3. Dried Medical cannabis
      1. Cannabis Indica
      2. Sativa
      3. Hybrid
    4. medical cannabis capsules
      1. By Type
        1. Oil Based Cannabis Capsules
        2. Power Based Cannabis Capsules
        3. Others
      2. By Concentrates
        1. High CBD Capsules Digital
        2. High THC Capsule
        3. THC/CBD balanced capsule
        4. CBD Isolate Capsule
        5. By Species
        6. Sativa
        7. Hybrid
        8. Cannabis Indica
    5. vape pen
      1. Cannabis Indica
      2. Sativa
      3. Hybrid
    6. whole flower
      1. Sativa
      2. Hybrid
      3. Cannabis Indica
    7. CREAMS & MOISTURIZER
    8. Ground Flower
      1. Sativa
      2. Cannabis Indica
      3. Hybrid
    9. patch
    10. mask & serum
    11. cleanser
    12. others
  10. THAILAND MEDICAL CANNABIS MARKET, BY application
    1. overview
    2. pain management
      1. Oil
      2. Medical cannabis and capsules
      3. Dried Medical Cannabis
      4. Patch
      5. Ground Flower
      6. Creams & Moisturizer
      7. Vape Pen
      8. Whole Flower
      9. Masks & Serum
      10. Cleanser
      11. Others
    3. anxiety
      1. Oil
      2. Dried Medical Cannabis
      3. Medical cannabis and capsules
      4. Ground Flower
      5. Vape Pen
      6. Whole Flower
      7. Others
    4. muscle spasms
      1. Oil
      2. Medical cannabis and capsules
      3. Dried Medical Cannabis
      4. Patch
      5. Creams & Moisturizer
      6. Ground Flower
      7. Vape Pen
      8. Whole Flower
      9. Masks & Serum
      10. Cleanser
      11. Others
    5. nausea
      1. Oil
      2. Medical cannabis and capsules
      3. Dried Medical Cannabis
      4. Ground Flower
      5. Creams & Moisturizer
      6. Patch
      7. Vape Pen
      8. Whole Flower
      9. Masks & Serum
      10. Cleanser
      11. Others
    6. appetite loss
      1. Oil
      2. Medical cannabis and capsules
      3. Dried Medical Cannabis
      4. Ground Flower
      5. Whole Flower
      6. Vape Pen
      7. Patch
      8. Others
    7. cancer
      1. Oil
      2. Medical cannabis and capsules
      3. Dried Medical Cannabis
      4. Patch
      5. Ground Flower
      6. Vape Pen
      7. Whole Flower
      8. Others
    8. arthritis
      1. Oil
      2. Medical cannabis and capsules
      3. Dried Medical Cannabis
      4. Patch
      5. Ground Flower
      6. Creams & Moisturizer
      7. Masks & Serum
      8. Whole Flower
      9. Vape Pen
      10. Cleanser
      11. Others
    9. alzheimer’s disease/Migranes
      1. Oil
      2. Dried Medical Cannabis
      3. Medical cannabis and capsules
      4. Patch
      5. Ground Flower
      6. Vape Pen
      7. Whole Flower
      8. Others
    10. epilepsy
      1. Oil
      2. Medical cannabis and capsules
      3. Others
    11. depression and sleep disorders
      1. Oil
      2. Dried Medical Cannabis
      3. Medical cannabis and capsules
      4. Patch
      5. Creams & Moisturizer
      6. Others
    12. multiple sclerosis
      1. Oil
      2. Dried Medical Cannabis
      3. Medical cannabis and capsules
      4. Patch
      5. Ground Flower
      6. Vape Pen
      7. Whole Flower
      8. Others
    13. autism
      1. Oil
      2. Medical cannabis and capsules
      3. Others
    14. mental health conditions
      1. Oil
      2. Medical cannabis and capsules
      3. Others
    15. elevate Mood
      1. Oil
      2. Dried Medical Cannabis
      3. Medical cannabis and capsules
      4. Patch
      5. Creams & Moisturizer
      6. Masks & Serum
      7. Cleanser
      8. Others
    16. others
  11. THAILAND MEDICAL CANNABIS MARKET, BY derivatives
    1. overview
    2. CANNABIDIOL (CBD)
      1. Oil
      2. Medical Cannabis Capsules
      3. dried Medical Cannabis
      4. Ground Flower
      5. Patch
      6. Creams & Moisturizer
      7. Vape Pen
      8. Whole Flower
      9. Masks & Serum
      10. Cleanser
      11. Others
    3. tetrahydrocannabinol (thc)/Delta-8-TETRAHYDROCANNABINOL
      1. Oil
      2. Medical Cannabis Capsules
      3. Dried Medical Cannabis
      4. Ground Flower
    4. Patch
      1. Creams & Moisturizer
      2. Whole Flower
      3. Vape Pen
      4. Masks & Serum
      5. Cleanser
      6. Others
    5. CANNABIGEROL (CBG)
      1. Oil
      2. Whole Flower
      3. Medical cannabis and capsules
      4. Cleanser
    6. cannabinol (CBN)
    7. others
  12. THAILAND MEDICAL CANNABIS MARKET, BY source
    1. overview
    2. natural
    3. synthetic
  13. THAILAND MEDICAL CANNABIS MARKET, BY species
    1. overview
    2. sativa
    3. hybrid
    4. cannabis indica
  14. THAILAND MEDICAL CANNABIS MARKET, BY route of administration
    1. overview
    2. oral solutions and capsules
    3. smoking
    4. topicals
    5. vaporizers
    6. others
  15. THAILAND MEDICAL CANNABIS MARKET, BY end user
    1. overview
    2. homecare setting
    3. hospital
    4. rehab centers
    5. PHARMACEUTICAL INDUSTRY
    6. research and development centers
    7. others
  16. THAILAND MEDICAL CANNABIS MARKET, BY DISTRIBUTION CHANNEL
    1. overview
    2. B2C
      1. Pharmacies
      2. Conventional Stores
      3. Online Stores
      4. Others
    3. B2B
  17. Thailand medical cannabis market, by country
    1. thailand
  18. THAILAND medical cannabis Market
    1. company share analysis: Asia-Pacific
  19. Swot analysis
  20. company profile
    1. MEDIPHARM LABS INC.
      1. COMPANY SNAPSHOT
      2. REVENUE ANALYSIS
      3. PRODUCT PORTFOLIO
      4. RECENT DEVELOPMENTS
    2. APHRIA INC.
      1. COMPANY SNAPSHOT
      2. REVENUE ANALYSIS
      3. PRODUCT PORTFOLIO
      4. RECENT DEVELOPMENTS
    3. tilray
      1. COMPANY SNAPSHOT
      2. PRODUCT PORTFOLIO
      3. RECENT DEVELOPMENTS
    4. AURORA CANNABIS
      1. COMPANY SNAPSHOT
      2. REVENUE ANALYSIS
      3. PRODUCT PORTFOLIO
      4. RECENT DEVELOPMENTS
    5. Althea Company Pty Ltd (A subsidiary of Althea Group)
      1. COMPANY SNAPSHOT
      2. REVENUE ANALYSIS
      3. PRODUCT PORTFOLIO
      4. RECENT DEVELOPMENTS
    6. bol pharma
      1. COMPANY SNAPSHOT
      2. PRODUCT PORTFOLIO
      3. RECENT DEVELOPMENTS
    7. canopy growth corporation
      1. COMPANY SNAPSHOT
      2. REVENUE ANALYSIS
      3. PRODUCT PORTFOLIO
      4. RECENT DEVELOPMENTS
    8. Cresco Labs
      1. COMPANY SNAPSHOT
      2. PRODUCT PORTFOLIO
      3. RECENT DEVELOPMENTS
    9. Elixinol Thailand limited
      1. COMPANY SNAPSHOT
      2. REVENUE ANALYSIS
      3. PRODUCT PORTFOLIO
      4. RECENT DEVELOPMENTS
    10. EXTRACTAS
      1. COMPANY SNAPSHOT
      2. PRODUCT PORTFOLIO
      3. RECENT DEVELOPMENT
    11. IDT AUSTRALIA
      1. COMPANY SNAPSHOT
      2. REVENUE ANALYSIS
      3. PRODUCT PORTFOLIO
      4. RECENT DEVELOPMENTS
    12. kiehl’s (a subsidiary of L'Oréal)
      1. COMPANY SNAPSHOT
      2. REVENUE ANALYSIS
      3. PRODUCT PORTFOLIO
      4. RECENT DEVELOPMENT
    13. medical marijuana, inc.
      1. COMPANY SNAPSHOT
      2. REVENUE ANALYSIS
      3. PRODUCT PORTFOLIO
      4. RECENT DEVELOPMENTS
    14. pharmahemp
      1. COMPANY SNAPSHOT
      2. PRODUCT PORTFOLIO
      3. RECENT DEVELOPMENT
    15. PEACE NATURALS PROJECT INC.
      1. COMPANY SNAPSHOT
      2. PRODUCT PORTFOLIO
      3. RECENT DEVELOPMENT
    16. THC THAILAND GROUP LIMITED
      1. COMPANY SNAPSHOT
      2. REVENUE ANALYSIS
      3. PRODUCT PORTFOLIO
      4. RECENT DEVELOPMENTS
  21. questionnaire
  22. related reports

List of Table

TABLE 1 Thailand medical cannabis Market, By product, 2019-2028 (USD Million)

TABLE 12 Thailand MEDICAL CANNABIS market, By application, 2019-2028 (USD million)

TABLE 13 Thailand Pain Management in Medical Cannabis Market , By Application, 2019-2028 (USD Million)

TABLE 14 Thailand Pain Management in Medical Cannabis Market , By Application, 2019-2028 (USD Million)

TABLE 15 Thailand muscle spasms in Medical Cannabis Market , By Application, 2019-2028 (USD Million)

TABLE 16 Thailand nausea in Medical Cannabis Market , By Application, 2019-2028 (USD Million)

TABLE 17 Thailand appetite loss in Medical Cannabis Market , By Application, 2019-2028 (USD Million)

TABLE 18 Thailand cancer in Medical Cannabis Market , By Application, 2019-2028 (USD Million)

TABLE 19 Thailand arthritis in Medical Cannabis Market , By Application, 2019-2028 (USD Million)

TABLE 20 Thailand ALZHEIMER’S DISEASE/MIGRANES in Medical Cannabis Market , By Application, 2019-2028 (USD Million)

TABLE 21 Thailand epilepsy in Medical Cannabis Market , By Application, 2019-2028 (USD Million)

TABLE 22 Thailand depression and sleep disorders in Medical Cannabis Market , By Application, 2019-2028 (USD Million)

TABLE 23 Thailand multiple sclerosis in Medical Cannabis Market , By Application, 2019-2028 (USD Million)

TABLE 24 Thailand autism in Medical Cannabis Market , By Application, 2019-2028 (USD Million)

TABLE 25 Thailand mental health conditions in Medical Cannabis Market , By Application, 2019-2028 (USD Million)

TABLE 26 Thailand elevate mood in Medical Cannabis Market , By Application, 2019-2028 (USD Million)

TABLE 31 Thailand medical cannabis Market, BY source, 2019-2028 (USD MILLION)

TABLE 32 Thailand medical cannabis Market, By Species, 2019-2028 (USD Million)

TABLE 33 Thailand medical cannabis Market, By route of administration, 2019-2028 (USD Million)

TABLE 34 Thailand medical cannabis Market, BY end user, 2019-2028 (USD MILLION)

TABLE 35 Thailand medical cannabis Market, By DISTRIBUTION CHANNEL, 2019-2028 (USD Million)

TABLE 36 Thailand b2C in medical cannabis Market, By distribution channel, 2019-2028 (USD Million)

TABLE 37 THAILAND medical cannabis Market, By product, 2021-2028 (USD million)

TABLE 38 THAILAND type in oil in medical cannabis Market, By product, 2021-2028 (USD million)

TABLE 39 THAILAND source in oil in medical cannabis Market, By product, 2021-2028 (USD million)

TABLE 40 THAILAND species in oil in medical cannabis Market, By product, 2021-2028 (USD million)

TABLE 41 THAILAND dried medical cannabs in medical cannabis Market, By product, 2021-2028 (USD million)

TABLE 42 THAILAND type in medical cannabis capsules in medical cannabis Market, By product, 2021-2028 (USD million)

TABLE 43 THAILAND concentrates in medical cannabis capsules in medical cannabis Market, By product, 2021-2028 (USD million)

TABLE 44 THAILAND species in medical cannabis capsules in medical cannabis Market, By product, 2021-2028 (USD million)

TABLE 45 THAILAND vape pen in medical cannabis Market, By product, 2021-2028 (USD million)

TABLE 46 THAILAND whole flower in medical cannabis Market, By product, 2021-2028 (USD million)

TABLE 47 THAILAND ground flower in medical cannabis Market, By product, 2021-2028 (USD million)

TABLE 48 THAILAND medical cannabis Market, By source, 2021-2028 (USD million)

TABLE 49 THAILAND medical cannabis Market, By species, 2021-2028 (USD million)

TABLE 50 THAILAND medical cannabis Market, By derivatives, 2021-2028 (USD million)

TABLE 51 THAILAND cannabidiol (cbd) medical cannabis Market, By derivatives, 2021-2028 (USD million)

TABLE 52 THAILAND tetrahydrocannabinol (thc)/delt-8-tethydrocannabinol in medical cannabis Market, By derivatives, 2021-2028 (USD million)

TABLE 53 THAILAND cannabigerol (cbg) in medical cannabis Market, By derivatives, 2021-2028 (USD million)

TABLE 54 THAILAND medical cannabis Market, By application, 2021-2028 (USD million)

TABLE 55 THAILAND pain management in medical cannabis Market, By application, 2021-2028 (USD million)

TABLE 56 THAILAND anxiety in medical cannabis Market, By application, 2021-2028 (USD million)

TABLE 57 THAILAND muscle spasms in medical cannabis Market, By application, 2021-2028 (USD million)

TABLE 58 THAILAND nausea in medical cannabis Market, By application, 2021-2028 (USD million)

TABLE 59 THAILAND appetite loss in medical cannabis Market, By application, 2021-2028 (USD million)

TABLE 60 THAILAND cancer in medical cannabis Market, By application, 2021-2028 (USD million)

TABLE 61 THAILAND arthritis in medical cannabis Market, By application, 2021-2028 (USD million)

TABLE 62 THAILAND alzheimer’s disease/migranes in medical cannabis Market, By application, 2021-2028 (USD million)

TABLE 63 THAILAND epilepsy in medical cannabis Market, By application, 2021-2028 (USD million)

TABLE 64 THAILAND depression and sleep disroder in medical cannabis Market, By application, 2021-2028 (USD million)

TABLE 65 THAILAND multiple sclerosis in medical cannabis Market, By application, 2021-2028 (USD million)

TABLE 66 THAILAND autism in medical cannabis Market, By application, 2021-2028 (USD million)

TABLE 67 THAILAND mental health conditions in medical cannabis Market, By application, 2021-2028 (USD million)

TABLE 68 THAILAND elevate mood in medical cannabis Market, By application, 2021-2028 (USD million)

TABLE 69 THAILAND medical cannabis Market, By route of administration, 2021-2028 (USD million)

TABLE 70 THAILAND medical cannabis Market, By end user, 2021-2028 (USD million)

TABLE 71 THAILAND medical cannabis Market, By distribution channel, 2021-2028 (USD million)

TABLE 72 THAILAND B2C IN medical cannabis Market, By distribution channel, 2021-2028 (USD million)

List of Figure

FIGURE 1 Thailand medical cannabis market: segmentation

FIGURE 2 Thailand medical cannabis market: data triangulation

FIGURE 3 Thailand medical cannabis market: DROC ANALYSIS

FIGURE 4 Thailand medical cannabis market: Thailand vs REGIONAL MARKET ANALYSIS

FIGURE 5 Thailand medical cannabis market : COMPANY RESEARCH ANALYSIS

FIGURE 6 Thailand medical cannabis market: INTERVIEW DEMOGRAPHICS

FIGURE 7 Thailand medical cannabis market: DBMR MARKET POSITION GRID

FIGURE 8 THAILAND medical cannabis MARKET: MARKET APPLICATION COVERAGE GRID

FIGURE 9 Thailand medical cannabis market: SEGMENTATION

FIGURE 10 increasing medicinal use and legalization of medical cannabis are expected to drive THE Thailand medical cannabis market IN THE FORECAST PERIOD of 2021 to 2028

FIGURE 11 oil segment is expected to account for the largest share of the Thailand medical cananbis market in 2021 & 2028

FIGURE 12 DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES OF THAILAND MEDICAL CANNABIS MARKET

FIGURE 13 Thailand MEDICAL CANNABIS market: BY product, 2020

FIGURE 14 Thailand MEDICAL CANNABIS market: BY application, 2020

FIGURE 15 Thailand MEDICAL CANNABIS market: BY DERIVATIVES, 2020

FIGURE 16 Thailand MEDICAL CANNABIS market: BY source, 2020

FIGURE 17 Thailand MEDICAL CANNABIS market: BY species, 2020

FIGURE 18 Thailand MEDICAL CANNABIS market: BY route of administration, 2020

FIGURE 19 Thailand MEDICAL CANNABIS market: BY end user, 2020

FIGURE 20 Thailand MEDICAL CANNABIS market: BY distribution channel, 2020

FIGURE 21 Asia-Pacific Medical Cannabis Market: company share 2020 (%)

Frequently Asked Questions

The rising prevalence of chronic diseases creates demand & regulatory support for quality control are the growth drivers of the Thailand medical cannabis market
Product, source, species, derivatives, application, treatment type, route of administration, end user, and distribution channel are the factors on which the Thailand medical cannabis market research is based.
Major companies in the Thailand medical cannabis market are Product (Oil, Dried Medical Cannabis, Medical Cannabis Capsules, Vape Pen, Whole Flower, Creams and Moisturiser, Ground Flower, Patch, Mask and Serum, Cleanser, and Others), Application (Pain Management, Anxiety, Muscle Spasms, Nausea, Appetite Loss, Cancer, Arthritis, Alzheimer’s Disease/Migraines, Epilepsy, Depression and Sleep Disorders, Multiple Sclerosis, Autism, Mental Health Conditions, Elevate Mood, and Others), Derivatives (Cannabidiol (CBD), Tetrahydrocannibinol (THC)/Delta-8-Tetrahydrocannabiol, Patch, Cannabigerol (CBG), Cannabinol (CBN), and Others), Source (Natural, and Synthetic), Species (Sativa, Hybrid, and Cannabis Indica), Treatment Type (Expectorant, Antiviral, Analgesic, Aphrodisiac, Psychedelic, and Others), Route of Administration (Oral Solutions and Capsules, Smoking, Topicals, Vaporizers, and Others), End User (Homecare Setting, Hospital, Rehab Centres, Pharmaceutical Industry, Research and Development Centres, and Others), Distribution Channel (B2C, and B2B).
The Thailand medical cannabis market size will be worth USD 132.05 billion by 2031.
The growth rate of the Thailand medical cannabis market is 25.16% in the forecast by 2031.