| Product Code: ETC8845195 | Publication Date: Sep 2024 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The medical cannabis extraction market in the Philippines is developing as the country explores the potential of cannabis for medicinal use. Advanced extraction techniques, such as CO2 and ethanol extraction, are being used to derive high-purity CBD and THC compounds. Pharmaceutical companies and research institutions are showing increasing interest in cannabis-based therapeutics. The establishment of a regulatory framework for medical cannabis is expected to boost market growth, providing opportunities for local and international players to invest in the sector.
The rising demand for pharmaceutical-grade cannabis extracts and the increasing investment in medical cannabis research are driving the cannabis extraction market in the Philippines. The development of advanced extraction technologies, including CO2 and ethanol extraction, is improving product purity and efficiency. Additionally, government regulations supporting controlled cannabis cultivation and processing are further fueling market expansion. The growing demand for cannabis-based medical treatments is also boosting the need for high-quality extraction processes.
Medical cannabis extraction is constrained by legal barriers and licensing restrictions. The lack of standardized production processes makes it difficult for new players to enter the market. Additionally, high extraction costs and limited domestic cultivation impact product affordability.
The rising demand for purified cannabis extracts is driving market growth. Investment potential exists in CO2 extraction technology, ethanol-based extraction, and GMP-compliant cannabis processing facilities. Collaboration with healthcare providers and government regulatory bodies can further enhance industry growth.
Government policies on medical cannabis extraction are evolving as the Philippines explores the therapeutic benefits of cannabis. The DOH regulates the extraction and production of cannabis for medical use, ensuring that these processes meet high safety and efficacy standards. The Philippine government supports ongoing research into medical cannabis, creating a framework for the safe extraction and distribution of cannabis oil for therapeutic purposes.
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 Philippines Medical Cannabis Extraction Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Medical Cannabis Extraction Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Medical Cannabis Extraction Market - Industry Life Cycle |
3.4 Philippines Medical Cannabis Extraction Market - Porter's Five Forces |
3.5 Philippines Medical Cannabis Extraction Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Philippines Medical Cannabis Extraction Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Philippines Medical Cannabis Extraction Market Revenues & Volume Share, By Technique, 2021 & 2031F |
3.8 Philippines Medical Cannabis Extraction Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.9 Philippines Medical Cannabis Extraction Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Medical Cannabis Extraction Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing acceptance of medical cannabis for various health conditions in the Philippines |
4.2.2 Growing awareness about the benefits of cannabis extraction products for medical purposes |
4.2.3 Favorable government regulations supporting the use of medical cannabis in the country |
4.3 Market Restraints |
4.3.1 Limited research and clinical trials on the efficacy and safety of medical cannabis extraction products |
4.3.2 Social stigma and cultural barriers associated with the use of cannabis for medical purposes in the Philippines |
5 Philippines Medical Cannabis Extraction Market Trends |
6 Philippines Medical Cannabis Extraction Market, By Types |
6.1 Philippines Medical Cannabis Extraction Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Species, 2021- 2031F |
6.1.3 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Cannabis Indica, 2021- 2031F |
6.1.4 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Sativa, 2021- 2031F |
6.1.5 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.2 Philippines Medical Cannabis Extraction Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Oils, 2021- 2031F |
6.2.3 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Tinctures, 2021- 2031F |
6.2.4 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Extract Type, 2021- 2031F |
6.2.5 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Full Spectrum, 2021- 2031F |
6.2.6 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Isolates, 2021- 2031F |
6.3 Philippines Medical Cannabis Extraction Market, By Technique |
6.3.1 Overview and Analysis |
6.3.2 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Medicinal Cannabis Alcohol Extraction, 2021- 2031F |
6.3.3 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Carbon Dioxide Cannabis Extraction, 2021- 2031F |
6.3.4 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Hydrocarbon Extraction, 2021- 2031F |
6.3.5 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Solvent-Free Extractions, 2021- 2031F |
6.3.6 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Derivatives, 2021- 2031F |
6.3.7 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Cannabidiol (CBD), 2021- 2031F |
6.4 Philippines Medical Cannabis Extraction Market, By Route of Administration |
6.4.1 Overview and Analysis |
6.4.2 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Oral Solutions and Capsules, 2021- 2031F |
6.4.3 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Smoking, 2021- 2031F |
6.4.4 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Vaporizers, 2021- 2031F |
6.4.5 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Topicals, 2021- 2031F |
6.5 Philippines Medical Cannabis Extraction Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Pharmaceutical Industry, 2021- 2031F |
6.5.3 Philippines Medical Cannabis Extraction Market Revenues & Volume, By Research and Development Centers, 2021- 2031F |
7 Philippines Medical Cannabis Extraction Market Import-Export Trade Statistics |
7.1 Philippines Medical Cannabis Extraction Market Export to Major Countries |
7.2 Philippines Medical Cannabis Extraction Market Imports from Major Countries |
8 Philippines Medical Cannabis Extraction Market Key Performance Indicators |
8.1 Number of licensed medical facilities offering cannabis extraction services |
8.2 Patient satisfaction rates with medical cannabis extraction products |
8.3 Number of healthcare professionals trained in prescribing and recommending medical cannabis products |
8.4 Percentage of revenue allocated to research and development of new cannabis extraction technologies |
8.5 Quantity of medical cannabis extraction products exported from the Philippines |
9 Philippines Medical Cannabis Extraction Market - Opportunity Assessment |
9.1 Philippines Medical Cannabis Extraction Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Philippines Medical Cannabis Extraction Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Philippines Medical Cannabis Extraction Market Opportunity Assessment, By Technique, 2021 & 2031F |
9.4 Philippines Medical Cannabis Extraction Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.5 Philippines Medical Cannabis Extraction Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Medical Cannabis Extraction Market - Competitive Landscape |
10.1 Philippines Medical Cannabis Extraction Market Revenue Share, By Companies, 2024 |
10.2 Philippines Medical Cannabis Extraction Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |