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Thailand Medical Cannabis Market Report by Cultivated Species (Indica, Sativa, Hybrid), Derivatives (Cannabidiol (CBD), Tetrahydrocannabinol (THC), and Others), Application Areas (Cancer, Arthritis, Migraine, Epilepsy, and Others), End-Use (Pharmaceuticals, Research and Development Centres, and Others), Route of Administration (Oral Solutions and Capsules, Vaporizers, Topicals, and Others) 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A1188
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Thailand Medical Cannabis Industry
5.1 Market Overview
5.2 Market Potential
5.3 Impact of COVID-19
5.4 Market by Cultivated Species
5.4.1 Indica
5.4.2 Sativa
5.4.3 Hybrid
5.5 Market by Derivatives
5.5.1 Cannabidiol (CBD)
5.5.2 Tetrahydrocannabinol (THC)
5.5.3 Others
5.6 Market by Application Areas
5.6.1 Cancer
5.6.2 Arthritis
5.6.3 Migraine
5.6.4 Epilepsy
5.6.5 Others
5.7 Market by End-Use
5.7.1 Pharmaceuticals
5.7.2 Research and Development Centres
5.7.3 Others
5.8 Market by Route of Administration
5.8.1 Oral Solutions and Capsules
5.8.2 Vaporizers
5.8.3 Topicals
5.8.4 Others
5.9 Market Forecast
6 Thailand Medical Cannabis Market: SWOT Analysis
6.1 Overview
6.2 Strengths
6.3 Weaknesses
6.4 Opportunities
6.5 Threats
7 Thailand Medical Cannabis Market: Value Chain Analysis
8 Thailand Medical Cannabis Market: PESTEL Analysis
8.1 Political Factors
8.2 Economic Factors
8.3 Social Factors
8.4 Technological Factors
8.5 Environmental Factors
8.6 Legal Factors
9 Thailand Medical Cannabis Market: Margin Analysis
9.1 Farmers Margins
9.2 Collectors Margins
9.3 Cannabis Manufacturer Margins
9.4 Distributor Margins
9.5 Exporters Margins
10 Thailand Medical Cannabis Market: Porter’s Five Forces Analysis
10.1 Overview
10.2 Bargaining Power of Suppliers
10.3 Bargaining Power of Buyers
10.4 Degree of Rivalry
10.5 Threat of New Entrants
10.6 Threat of Substitutes
11 Key Success and Risk Factors
12 Overview of Clinical Research Suggesting the Benefits of Medical Cannabis Across Various Indications
12.1 Alzheimer’s Disease
12.2 Autism
12.3 Cancer
12.4 Chronic Pain
12.5 Epilepsy
12.6 Migraine
12.7 Digestive Disorders
12.8 Multiple Sclerosis
12.9 Schizophrenia
12.10 Others
13 Thailand – As a Cannabis Production and Exporting Hub
13.1 Historically Strong Tradition of Using Cannabis for Medical Purposes
13.2 Geographical Advantage Resulting in Lower Production Cost
13.3 Low Processing Cost due to Lower Labour Cost
13.4 Recent Government Legislations Beneficial for the Cannabis Industry
13.5 Large Inflow of Foreign Investments is expected in the Coming Years
14 Cultivation and Harvesting of Cannabis
14.1 Land Requirements
14.2 Construction Requirements
14.3 Machinery Requirements
14.4 Labour Requirements
14.5 Climate Requirements
14.6 Soil Requirements and Treatment
14.7 Yield per Hectare
14.8 Period of Maturation
14.9 Seed Selection and Treatment
14.10 Land Preparation and Planting
14.11 Irrigation Requirements
14.12 Crop Protection
14.13 Storage and Packaging
14.14 Transportation
14.15 Total Costs Involved
14.15.1 Fixed Costs
14.15.2 Variable Costs
15 Processing of Cannabis
15.1 Detailed Process Flow
15.2 Various Unit Operations Involved
15.3 Land Requirements
15.4 Construction Requirements
15.5 Machinery Requirements
15.6 Raw Material Requirements
15.7 Packaging Requirements
15.8 Transportation
15.9 Utility Requirements
15.10 Total Costs Involved
15.10.1 Fixed Costs
15.10.2 Variable Costs
16 Key Market Challenges
17 Competitive Landscape
18 Profiles of Key Players
List of Figures
Figure 1: Thailand: Medical Cannabis Market: Major Drivers and Challenges
Figure 2: Thailand: Medical Cannabis Market: Sales Value (in Million US$), 2019-2023
Figure 3: Thailand: Medical Cannabis Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 4: Thailand: Medical Cannabis Market: Breakup by Cultivated Species (in %), 2023
Figure 5: Thailand: Medical Cannabis (Indica) Market: Sales Value (in Million US$), 2019-2023
Figure 6: Thailand: Medical Cannabis (Indica) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 7: Thailand: Medical Cannabis (Sativa) Market: Sales Value (in Million US$), 2019-2023
Figure 8: Thailand: Medical Cannabis (Sativa) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 9: Thailand: Medical Cannabis (Hybrid) Market: Sales Value (in Million US$), 2019-2023
Figure 10: Thailand: Medical Cannabis (Hybrid) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Thailand: Medical Cannabis Market: Breakup by Derivatives (in %), 2023
Figure 12: Thailand: Medical Cannabis (Tetrahydrocannabinol) Market: Sales Value (in Million US$), 2019-2023
Figure 13: Thailand: Medical Cannabis (Tetrahydrocannabinol) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Thailand: Medical Cannabis (Cannabidiol) Market: Sales Value (in Million US$), 2019-2023
Figure 15: Thailand: Medical Cannabis (Cannabidiol) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Thailand: Medical Cannabis (Others) Market: Sales Value (in Million US$), 2019-2023
Figure 17: Thailand: Medical Cannabis (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Thailand: Medical Cannabis Market: Breakup by Application Areas (in %), 2023
Figure 19: Thailand: Medical Cannabis (Cancer) Market: Sales Value (in Million US$), 2019-2023
Figure 20: Thailand: Medical Cannabis (Cancer) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Thailand: Medical Cannabis (Arthritis) Market: Sales Value (in Million US$), 2019-2023
Figure 22: Thailand: Medical Cannabis (Arthritis) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Thailand: Medical Cannabis (Migraine) Market: Sales Value (in Million US$), 2019-2023
Figure 24: Thailand: Medical Cannabis (Migraine) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Thailand: Medical Cannabis (Epilepsy) Market: Sales Value (in Million US$), 2019-2023
Figure 26: Thailand: Medical Cannabis (Epilepsy) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Thailand: Medical Cannabis (Others) Market: Sales Value (in Million US$), 2019-2023
Figure 28: Thailand: Medical Cannabis (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Thailand: Medical Cannabis Market: Breakup by End-Use (in %), 2023
Figure 30: Thailand: Medical Cannabis (Pharmaceuticals) Market: Sales Value (in Million US$), 2019-2023
Figure 31: Thailand: Medical Cannabis (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Thailand: Medical Cannabis (Research and Development Centres) Market: Sales Value (in Million US$), 2019-2023
Figure 33: Thailand: Medical Cannabis (Research and Development Centres) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Thailand: Medical Cannabis (Others) Market: Sales Value (in Million US$), 2019-2023
Figure 35: Thailand: Medical Cannabis (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Thailand: Medical Cannabis Market: Breakup by Route of Administration (in %), 2023
Figure 37: Thailand: Medical Cannabis (Oral Solutions and Capsules) Market: Sales Value (in Million US$), 2019-2023
Figure 38: Thailand: Medical Cannabis (Oral Solutions and Capsules) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Thailand: Medical Cannabis (Vaporizers) Market: Sales Value (in Million US$), 2019-2023
Figure 40: Thailand: Medical Cannabis (Vaporizers) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Thailand: Medical Cannabis (Topicals) Market: Sales Value (in Million US$), 2019-2023
Figure 42: Thailand: Medical Cannabis (Topicals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Thailand: Medical Cannabis (Others) Market: Sales Value (in Million US$), 2019-2023
Figure 44: Thailand: Medical Cannabis (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Thailand: Medical Cannabis Industry: SWOT Analysis
Figure 46: Thailand: Medical Cannabis Industry: Value Chain Analysis
Figure 47: Thailand: Medical Cannabis Industry: PESTEL Analysis
Figure 48: Thailand: Medical Cannabis: Margins Across Various Stages of the Supply Chain
Figure 49: Thailand: Medical Cannabis Industry: Porter’s Five Forces Analysis
Figure 50: Medical Cannabis: Detailed Process Flow
List of Tables
Table 1: Thailand: Medical Cannabis Market: Key Industry Highlights, 2023 and 2032
Table 2: Thailand: Medical Cannabis Market Forecast: Breakup by Cultivated Species (in Million US$), 2024-2032
Table 3: Thailand: Medical Cannabis Market Forecast: Breakup by Derivatives (in Million US$), 2024-2032
Table 4: Thailand: Medical Cannabis Market Forecast: Breakup by Application Areas (in Million US$), 2024-2032
Table 5: Thailand: Medical Cannabis Market Forecast: Breakup by End-Use (in Million US$), 2024-2032
Table 6: Thailand: Medical Cannabis Market Forecast: Breakup by Route of Administration (in Million US$), 2024-2032
Table 7: Medical Cannabis Market: Other Major Disease
Table 8: Land Required to Meet Demand, By Cultivation Method
Table 9: Thailand: Medical Cannabis Market Structure
Table 10: Thailand: Medical Cannabis Market: Key Players
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