Product Code: ETC6184705 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australias medical cannabis extraction market is growing due to increased demand for pharmaceutical-grade cannabis oils and concentrates. Advanced extraction methods such as CO2 and ethanol extraction are being adopted to ensure purity and potency. Companies are investing in GMP-certified facilities and R&D to optimize yields and develop new formulations. Supportive government policies and licensing frameworks are helping the industry expand responsibly.
The extraction market is maturing with the adoption of advanced techniques such as supercritical CO? and ethanol extraction. Companies are focusing on achieving pharmaceutical-grade purity and consistency. Regulatory support for clinical trials and GMP-compliant facilities is encouraging investment and consolidation in this segment.
The medical cannabis extraction market in Australia faces difficulties related to compliance with pharmaceutical-grade extraction standards and high capital investment requirements. Extracting cannabinoids for medical use demands sophisticated equipment and adherence to strict Good Manufacturing Practice (GMP) protocols. Regulatory delays in licensing and limited local expertise in extraction technologies further slow the market`s development. Additionally, supply chain inconsistencies in raw cannabis materials create bottlenecks in production and increase operational risks.
The extraction segment offers high-growth investment potential, especially in companies focused on pharmaceutical-grade cannabinoid formulations. Advanced extraction technology providers and white-label producers are drawing strong interest. There is also opportunity in businesses building scalable, GMP-compliant extraction facilities catering to both domestic and global demand.
The governments role in the medical cannabis extraction market is central to ensuring the safe and legal production of cannabis-based medicines. Australia has strict licensing requirements for cannabis cultivation and extraction processes, regulated by the TGA and state-based agencies. Policies that govern the quality control, testing, and certification of cannabis extracts ensure that they meet stringent medical standards. The governments ongoing review of medicinal cannabis laws, including the potential for broader legalization or changes to prescription guidelines, can either constrain or expand the market. Additionally, policies on export regulations and international trade agreements impact the ability of Australian companies to access global markets for medical cannabis products.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Medical Cannabis Extraction Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Medical Cannabis Extraction Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Medical Cannabis Extraction Market - Industry Life Cycle |
3.4 Australia Medical Cannabis Extraction Market - Porter's Five Forces |
3.5 Australia Medical Cannabis Extraction Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Australia Medical Cannabis Extraction Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Australia Medical Cannabis Extraction Market Revenues & Volume Share, By Technique, 2021 & 2031F |
3.8 Australia Medical Cannabis Extraction Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.9 Australia Medical Cannabis Extraction Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Medical Cannabis Extraction Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Medical Cannabis Extraction Market Trends |
6 Australia Medical Cannabis Extraction Market, By Types |
6.1 Australia Medical Cannabis Extraction Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Australia Medical Cannabis Extraction Market Revenues & Volume, By Species, 2021- 2031F |
6.1.3 Australia Medical Cannabis Extraction Market Revenues & Volume, By Cannabis Indica, 2021- 2031F |
6.1.4 Australia Medical Cannabis Extraction Market Revenues & Volume, By Sativa, 2021- 2031F |
6.1.5 Australia Medical Cannabis Extraction Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.2 Australia Medical Cannabis Extraction Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Australia Medical Cannabis Extraction Market Revenues & Volume, By Oils, 2021- 2031F |
6.2.3 Australia Medical Cannabis Extraction Market Revenues & Volume, By Tinctures, 2021- 2031F |
6.2.4 Australia Medical Cannabis Extraction Market Revenues & Volume, By Extract Type, 2021- 2031F |
6.2.5 Australia Medical Cannabis Extraction Market Revenues & Volume, By Full Spectrum, 2021- 2031F |
6.2.6 Australia Medical Cannabis Extraction Market Revenues & Volume, By Isolates, 2021- 2031F |
6.3 Australia Medical Cannabis Extraction Market, By Technique |
6.3.1 Overview and Analysis |
6.3.2 Australia Medical Cannabis Extraction Market Revenues & Volume, By Medicinal Cannabis Alcohol Extraction, 2021- 2031F |
6.3.3 Australia Medical Cannabis Extraction Market Revenues & Volume, By Carbon Dioxide Cannabis Extraction, 2021- 2031F |
6.3.4 Australia Medical Cannabis Extraction Market Revenues & Volume, By Hydrocarbon Extraction, 2021- 2031F |
6.3.5 Australia Medical Cannabis Extraction Market Revenues & Volume, By Solvent-Free Extractions, 2021- 2031F |
6.3.6 Australia Medical Cannabis Extraction Market Revenues & Volume, By Derivatives, 2021- 2031F |
6.3.7 Australia Medical Cannabis Extraction Market Revenues & Volume, By Cannabidiol (CBD), 2021- 2031F |
6.4 Australia Medical Cannabis Extraction Market, By Route of Administration |
6.4.1 Overview and Analysis |
6.4.2 Australia Medical Cannabis Extraction Market Revenues & Volume, By Oral Solutions and Capsules, 2021- 2031F |
6.4.3 Australia Medical Cannabis Extraction Market Revenues & Volume, By Smoking, 2021- 2031F |
6.4.4 Australia Medical Cannabis Extraction Market Revenues & Volume, By Vaporizers, 2021- 2031F |
6.4.5 Australia Medical Cannabis Extraction Market Revenues & Volume, By Topicals, 2021- 2031F |
6.5 Australia Medical Cannabis Extraction Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Australia Medical Cannabis Extraction Market Revenues & Volume, By Pharmaceutical Industry, 2021- 2031F |
6.5.3 Australia Medical Cannabis Extraction Market Revenues & Volume, By Research and Development Centers, 2021- 2031F |
7 Australia Medical Cannabis Extraction Market Import-Export Trade Statistics |
7.1 Australia Medical Cannabis Extraction Market Export to Major Countries |
7.2 Australia Medical Cannabis Extraction Market Imports from Major Countries |
8 Australia Medical Cannabis Extraction Market Key Performance Indicators |
9 Australia Medical Cannabis Extraction Market - Opportunity Assessment |
9.1 Australia Medical Cannabis Extraction Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Australia Medical Cannabis Extraction Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Australia Medical Cannabis Extraction Market Opportunity Assessment, By Technique, 2021 & 2031F |
9.4 Australia Medical Cannabis Extraction Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.5 Australia Medical Cannabis Extraction Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Medical Cannabis Extraction Market - Competitive Landscape |
10.1 Australia Medical Cannabis Extraction Market Revenue Share, By Companies, 2024 |
10.2 Australia Medical Cannabis Extraction Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |