Product Code: ETC8845194 | Publication Date: Sep 2024 | Updated Date: Apr 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-based oil extract-infused products market in the Philippines is gaining traction as awareness about the therapeutic benefits of cannabis increases. While regulatory frameworks are still evolving, there is growing interest in cannabis-derived products for pain management, epilepsy, and cancer treatment. The demand for CBD-infused oils, tinctures, and edibles is rising as more patients seek alternative treatments. Government discussions on legalizing medical cannabis and establishing proper regulatory guidelines are expected to shape the market`s future growth.
The increasing acceptance of medical cannabis for pain management, neurological disorders, and palliative care is driving the cannabis-based oil extract-infused products market in the Philippines. The growing awareness of the therapeutic benefits of CBD and THC-based products is fueling demand. Additionally, regulatory developments and the gradual legalization of medical cannabis are supporting market growth. The expansion of product formulations, including tinctures, capsules, and topical applications, is further enhancing adoption.
The medical cannabis market faces regulatory hurdles as the government strictly controls the use and distribution of cannabis-based products. Public perception and stigma surrounding medical cannabis also impact market growth. Additionally, limited local production increases reliance on costly imports.
The increasing acceptance of medical cannabis for pain management, epilepsy, and mental health conditions is fueling demand for oil-based extracts. Investment opportunities lie in CBD-infused pharmaceuticals, therapeutic oils, and clinical research on cannabis-based treatments. Regulatory developments will play a key role in shaping market expansion.
The medical cannabis market in the Philippines is guided by evolving legal frameworks and health regulations. The government has started taking steps toward regulating medical cannabis for therapeutic use, with the Department of Health (DOH) playing a pivotal role in the research, development, and regulation of cannabis-based medicinal products. Policies on controlled usage and distribution are strictly enforced, with medical cannabis-based oil extract-infused products currently allowed only for patients who meet specific health criteria.
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 Based Oil Extract-Infused Products Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Medical Cannabis Based Oil Extract-Infused Products Market - Industry Life Cycle |
3.4 Philippines Medical Cannabis Based Oil Extract-Infused Products Market - Porter's Five Forces |
3.5 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume Share, By Source Type, 2021 & 2031F |
3.7 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Trends |
6 Philippines Medical Cannabis Based Oil Extract-Infused Products Market, By Types |
6.1 Philippines Medical Cannabis Based Oil Extract-Infused Products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By CBD Oil, 2021- 2031F |
6.1.4 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Medical OTC Products, 2021- 2031F |
6.1.5 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Nutraceuticals, 2021- 2031F |
6.1.6 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.1.7 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.1.8 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Cosmetic Products, 2021- 2031F |
6.1.9 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.1.10 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.2 Philippines Medical Cannabis Based Oil Extract-Infused Products Market, By Source Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Hemp, 2021- 2031F |
6.2.3 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Marijuana, 2021- 2031F |
6.3 Philippines Medical Cannabis Based Oil Extract-Infused Products Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By B2B, 2021- 2031F |
6.3.3 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By B2C, 2021- 2031F |
6.4 Philippines Medical Cannabis Based Oil Extract-Infused Products Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Medical, 2021- 2031F |
6.4.3 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Personal Use, 2021- 2031F |
6.4.4 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.4.5 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenues & Volume, By Wellness, 2021- 2031F |
7 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Import-Export Trade Statistics |
7.1 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Export to Major Countries |
7.2 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Imports from Major Countries |
8 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Key Performance Indicators |
9 Philippines Medical Cannabis Based Oil Extract-Infused Products Market - Opportunity Assessment |
9.1 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Opportunity Assessment, By Source Type, 2021 & 2031F |
9.3 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Philippines Medical Cannabis Based Oil Extract-Infused Products Market - Competitive Landscape |
10.1 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Revenue Share, By Companies, 2024 |
10.2 Philippines Medical Cannabis Based Oil Extract-Infused Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |