Product Code: ETC6185344 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The minor cannabinoids market in Australia is a rapidly emerging segment of the broader cannabis market. While much of the focus has been on THC and CBD, minor cannabinoids like CBG, CBN, and CBC are gaining attention for their unique potential benefits, particularly in the wellness and medicinal sectors. As Australia continues to regulate the use of cannabis for medicinal purposes, the minor cannabinoids market stands to benefit from increasing consumer interest in natural and alternative health solutions. However, the market is still relatively nascent and faces regulatory uncertainties that could impact growth and development.
The minor cannabinoids market in Australia is experiencing a surge in interest as more research highlights the potential therapeutic benefits of cannabinoids beyond THC and CBD. Minor cannabinoids such as CBG, CBN, and CBC are being explored for their role in addressing conditions like anxiety, pain, and sleep disorders. With the growing acceptance of cannabis products, the market for minor cannabinoids is expanding. There is a significant trend toward incorporating these cannabinoids into wellness and medical products, as well as the development of new extraction and purification techniques to increase product efficacy and purity.
The minor cannabinoids market in Australia is navigating regulatory uncertainties and evolving legal frameworks. Although interest in cannabinoids beyond THC and CBD is growing, the lack of clear regulations on the production and use of minor cannabinoids such as CBG, CBN, and THCV presents a significant challenge for the market. There is also a challenge in the development of reliable and cost-effective extraction methods, which can drive up production costs. The medical cannabis sector, where minor cannabinoids are seeing increasing demand, also faces the challenge of gaining broader acceptance and integration into mainstream healthcare practices.
The Australia Minor Cannabinoids Market presents emerging investment opportunities due to the growing acceptance and legalization of cannabis-based products for medicinal and wellness purposes. Minor cannabinoids such as CBG, CBN, and THCV are becoming increasingly recognized for their therapeutic benefits. Companies focusing on the extraction, production, and formulation of minor cannabinoids into health and wellness products are likely to benefit from the evolving regulatory landscape. Investors have the opportunity to enter the market early, particularly in the development of innovative treatments, supplements, and cosmetics derived from minor cannabinoids.
The Australia government regulates the minor cannabinoids market to ensure that products are safe for consumers and meet quality standards. Policies govern the cultivation, extraction, and sale of minor cannabinoids, with a strong emphasis on preventing misuse and ensuring that products are used for medicinal purposes. The government also enforces regulations regarding the labeling and marketing of cannabinoid products to ensure transparency and consumer safety. Additionally, policies encourage research into the therapeutic benefits of minor cannabinoids, supporting scientific studies that investigate their potential medical applications.
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 Minor Cannabinoids Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Minor Cannabinoids Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Minor Cannabinoids Market - Industry Life Cycle |
3.4 Australia Minor Cannabinoids Market - Porter's Five Forces |
3.5 Australia Minor Cannabinoids Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Minor Cannabinoids Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Minor Cannabinoids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about the potential health benefits of minor cannabinoids |
4.2.2 Increasing acceptance of medical cannabis and related products in Australia |
4.2.3 Favorable regulatory environment supporting the growth of minor cannabinoids market |
4.3 Market Restraints |
4.3.1 Limited access to banking and financial services for cannabis-related businesses |
4.3.2 Lack of standardized regulations across different states in Australia regarding minor cannabinoids |
4.3.3 Concerns about the potential misuse and abuse of minor cannabinoids products |
5 Australia Minor Cannabinoids Market Trends |
6 Australia Minor Cannabinoids Market, By Types |
6.1 Australia Minor Cannabinoids Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Minor Cannabinoids Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Australia Minor Cannabinoids Market Revenues & Volume, By Cannabigerol, 2021- 2031F |
6.1.4 Australia Minor Cannabinoids Market Revenues & Volume, By Cannabichromene, 2021- 2031F |
6.1.5 Australia Minor Cannabinoids Market Revenues & Volume, By Cannabinol, 2021- 2031F |
6.1.6 Australia Minor Cannabinoids Market Revenues & Volume, By Tetrahydrocannabivarin, 2021- 2031F |
6.2 Australia Minor Cannabinoids Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Minor Cannabinoids Market Revenues & Volume, By Inflammation, 2021- 2031F |
6.2.3 Australia Minor Cannabinoids Market Revenues & Volume, By Pain Management, 2021- 2031F |
6.2.4 Australia Minor Cannabinoids Market Revenues & Volume, By Neurological Disorders, 2021- 2031F |
6.2.5 Australia Minor Cannabinoids Market Revenues & Volume, By Cancer, 2021- 2031F |
6.2.6 Australia Minor Cannabinoids Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Minor Cannabinoids Market Import-Export Trade Statistics |
7.1 Australia Minor Cannabinoids Market Export to Major Countries |
7.2 Australia Minor Cannabinoids Market Imports from Major Countries |
8 Australia Minor Cannabinoids Market Key Performance Indicators |
8.1 Number of new research studies and clinical trials conducted on minor cannabinoids in Australia |
8.2 Adoption rate of minor cannabinoids products by healthcare professionals in Australia |
8.3 Level of investment in research and development for minor cannabinoids products |
8.4 Percentage of patients using minor cannabinoids products as part of their treatment plans |
8.5 Rate of expansion of distribution channels for minor cannabinoids products in Australia |
9 Australia Minor Cannabinoids Market - Opportunity Assessment |
9.1 Australia Minor Cannabinoids Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Minor Cannabinoids Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Minor Cannabinoids Market - Competitive Landscape |
10.1 Australia Minor Cannabinoids Market Revenue Share, By Companies, 2024 |
10.2 Australia Minor Cannabinoids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |