Market Research Report
Technology Developments Fuelling Growth Opportunities for Cannabinoids
|Published by||Frost & Sullivan||Product code||982317|
|Published||Content info||78 Pages
Delivery time: 1-2 business days
|Technology Developments Fuelling Growth Opportunities for Cannabinoids|
|Published: December 14, 2020||Content info: 78 Pages||
Analysis of Cross Sector Adoption and Ancillary Business Capabilities of Cannabinoids
Cannabinoids as an ingredient for use in pharmaceuticals, F&B and other industries is steadily gaining in interest across the globe, While R&D and technology developments are on the rise, the industry is still emerging considering the regulatory scenario and the technology limitations. With many technology developers focusing on overcoming challenges and product developmental efforts, new business models need to play with all possible interactions among stakeholders in order to create a smooth environment for commercialization.
In countries such as USA, advancing regulations is encouraging the innovation ecosystem to flourish and new commercialization opportunities are expected to rise in the coming 3-5 years. Competition models are gaining increasing attention in order to face challenges and capture value. Technology and business synergies are required to optimal route for commercialization with industry convergence needed to diversify the business opportunities across industries.