Product Code: ETC6184704 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The market for medical cannabis-based oil extract infused products in Australia is expanding rapidly following regulatory changes that legalized medicinal cannabis. These products, including tinctures, capsules, and topical applications, are being used for pain management, epilepsy, and mental health conditions. Patient education and physician-led prescriptions are critical to market penetration, while TGA (Therapeutic Goods Administration) oversight ensures product quality and safety.
Australias medical cannabis oil-infused products market is expanding due to increasing patient acceptance and government approvals. The market is witnessing diversification into sublingual oils, topicals, and capsules. There is also a growing emphasis on standardized dosing, quality assurance, and clinical validation to build physician and consumer trust.
This market is constrained by legal ambiguities, stringent regulatory barriers, and social stigma. While medical cannabis is legal in Australia, the process to prescribe and access oil-based infused products remains cumbersome due to regulatory oversight by the Therapeutic Goods Administration (TGA). There is also a lack of standardized dosing and product consistency, which hampers physician confidence. Furthermore, public perception and concerns over misuse continue to affect the pace of market growth and product availability.
Australias maturing medical cannabis sector presents lucrative investment opportunities in oil extract-infused wellness and therapeutic products. Companies with vertically integrated models, including cultivation, processing, and distribution, are particularly attractive. Investor focus can also include GMP-certified producers targeting export markets and partnerships with pharmaceutical distributors.
Government policies are pivotal to the development of the medical cannabis-based oil extract infused products market in Australia. The Australian government has legalized medicinal cannabis under strict regulations, which are governed by the TGA and state-based licensing authorities. These policies outline the legal framework for the cultivation, extraction, and distribution of cannabis-based products, including oil extracts used in medical treatments. Despite legalization, the approval process for new cannabis products is slow, with stringent requirements for clinical trials and patient access. Government policies on product labelling, dosage guidelines, and access through prescription further influence market dynamics.
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 Based Oil Extract-Infused Products Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Medical Cannabis Based Oil Extract-Infused Products Market - Industry Life Cycle |
3.4 Australia Medical Cannabis Based Oil Extract-Infused Products Market - Porter's Five Forces |
3.5 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume Share, By Source Type, 2021 & 2031F |
3.7 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Australia Medical Cannabis Based Oil Extract-Infused Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Medical Cannabis Based Oil Extract-Infused Products Market Trends |
6 Australia Medical Cannabis Based Oil Extract-Infused Products Market, By Types |
6.1 Australia Medical Cannabis Based Oil Extract-Infused Products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By CBD Oil, 2021- 2031F |
6.1.4 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Medical OTC Products, 2021- 2031F |
6.1.5 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Nutraceuticals, 2021- 2031F |
6.1.6 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.1.7 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.1.8 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Cosmetic Products, 2021- 2031F |
6.1.9 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.1.10 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.2 Australia Medical Cannabis Based Oil Extract-Infused Products Market, By Source Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Hemp, 2021- 2031F |
6.2.3 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Marijuana, 2021- 2031F |
6.3 Australia Medical Cannabis Based Oil Extract-Infused Products Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By B2B, 2021- 2031F |
6.3.3 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By B2C, 2021- 2031F |
6.4 Australia Medical Cannabis Based Oil Extract-Infused Products Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Medical, 2021- 2031F |
6.4.3 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Personal Use, 2021- 2031F |
6.4.4 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.4.5 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Wellness, 2021- 2031F |
7 Australia Medical Cannabis Based Oil Extract-Infused Products Market Import-Export Trade Statistics |
7.1 Australia Medical Cannabis Based Oil Extract-Infused Products Market Export to Major Countries |
7.2 Australia Medical Cannabis Based Oil Extract-Infused Products Market Imports from Major Countries |
8 Australia Medical Cannabis Based Oil Extract-Infused Products Market Key Performance Indicators |
9 Australia Medical Cannabis Based Oil Extract-Infused Products Market - Opportunity Assessment |
9.1 Australia Medical Cannabis Based Oil Extract-Infused Products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Australia Medical Cannabis Based Oil Extract-Infused Products Market Opportunity Assessment, By Source Type, 2021 & 2031F |
9.3 Australia Medical Cannabis Based Oil Extract-Infused Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Australia Medical Cannabis Based Oil Extract-Infused Products Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Australia Medical Cannabis Based Oil Extract-Infused Products Market - Competitive Landscape |
10.1 Australia Medical Cannabis Based Oil Extract-Infused Products Market Revenue Share, By Companies, 2024 |
10.2 Australia Medical Cannabis Based Oil Extract-Infused Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |