The psychedelic drugs market is expected to reach $10.75 billion USD by 2027, growing at a 12.36% CAGR

Psychedelic Drugs Market Size Is Projected To Reach $10.75 Billion By 2027

A recent report from Research And Markets predicts that the psychedelic drugs market will grow at a 12.36% compound annual growth rate from 2021 to 2027, reaching $10.75 billion USD by 2027. The rapid acceptance of the medical applications of psychedelics in the mental health sector fuels the growth of the market.

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