Psychedelics Market Size | Size, Share & Industry Forecast 2025

Code: MTA10468 Publication Date: Nov 2025

What is the size of Psychedelics Market?

 

According to 6Wresearch internal database and industry insights, the Psychedelics Market was valued at USD 3.07 Billion in 2024 and is expected to reach USD 8.33 Billion by 2032, growing at a CAGR of 13.3% during 2025-2031.

 

The main drivers of this growth are expanding clinical interest in psychedelic-assisted therapies for mental health disorders, increasing investment in novel treatments by biopharma firms, and growing acceptance of regulated therapeutic frameworks for psychedelics in medical practice.

Growth Factors for Psychedelics Industry

  • Rising prevalence of treatment-resistant depression and PTSD increases demand for alternative therapies.
  • Regulatory shifts enabling clinical trials and medical use of psychedelics stimulate market uptake.
  • Strategic collaborations between biotech firms and research centres accelerate drug development.
  • Increasing investment in infrastructure and training for psychedelic-assisted therapy services expands access.
  • Advances in synthetic and natural psychedelic compounds improve safety profiles and commercial viability.

Psychedelics Market Trends

The Psychedelics Market trends suggest a shift towards institutionalised therapy models, where clinics offer guided psychedelic-assisted sessions as adjuncts to psychotherapy, with training and certification also being provided by specialists. Innovations also include pharma-biotech businesses, which are designing second-generation compounds that provide a therapeutic effect, whilst avoiding the intense hallucinogenic effects. Additionally, telehealth platforms and digital tools designed for patient preparation and aftercare have emerged, which are aimed at allowing for broader access and integration into mental health services.

Emerging Developments in the Psychedelics Market

The Psychedelics Market developments include rollouts of regulated treatment centres and facilities that have been permitted to administer psilocybin and MDMA under supervision, as well as facilitating training marketplaces for facilitators and therapists. Drug developers are also advancing in late-stage clinical trials to ultimately receive approval for psychedelic-derived pharmaceuticals. Finally, business models such as subscription-based therapy programs and outcome-based pricing contracts are emerging and introducing themselves as new practices, among innovators.

List of Leading Companies in the Psychedelics Market

Some of the leading companies include:

  • Jazz Pharmaceuticals, Inc.
  • Cybin Corp.
  • Mind Medicine (MindMed) Inc.
  • COMPASS Pathways plc
  • Pfizer Inc.
  • Havn Life Sciences Inc.
  • Numinus Wellness Inc.

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