2023 Psychedelic Industry Report

Psychedelics and Society explores key insights into the evolving commercial psychedelic market, where growth meets education and influence is cultivated.

This comprehensive report offers an in-depth look into the expanding world of psychedelics and their impact on society, especially in the context of mental health and well-being. With insights sourced from the notable 2023 Psychedelic Science conference, the report serves as a resource for investors, health professionals, educators, and curious minds alike.

Key Highlights:

1. Market Overview: The psychedelic market is projected to soar, hitting USD 6.4 billion by 2029. We review how societal shifts and the global mental health crisis are powering this burgeoning industry.
2. Challenges and Potential: Despite its promise, the psychedelic industry faces hurdles, including regulatory restraints and the high cost of entry.
3. Post-COVID Impact: Understand how the pandemic has intensified the need for novel mental health solutions, positioning psychedelics at the forefront of therapeutic innovation.
4. MAPS 2023 Conference Insights:
   • A detailed analysis of the 277 exhibitors, showcasing the industry's diversity in both specialties and geographic representation.
   • Spotlight on key sectors: Health & Wellness, Clinics & Mental Health, Education & Training, and Advocacy & Policy.
5. Education's Role in Psychedelics:
   • Dive into how education is shaping the safe, informed, and effective use of psychedelics.
   • Explore the myriad of organizations focusing on disseminating quality information, busting myths, and enhancing user experiences.
6. Health & Wellness Innovations: Learn about the multifaceted health and wellness sector, including pioneering companies and emerging trends in areas like 'crypto/NFT' and 'functional mushrooms'.

This report not only illuminates the exciting prospects of the psychedelic world but also equips you with the tools to navigate, invest, and engage with it responsibly.