- The global psychedelics market is estimated to hit $10.75 billion in 2027, with the alternative antidepressant drug market being valued at $15.98 billion in 2023
- Already, 65% of individuals dealing with PTSD, depression, and anxiety in the United States believe that psychedelic medicine should be made available
- 83% of Americans living with these conditions are open to trying out alternative treatments
- Delic seeks to capitalize on this growing demand for psychedelic alternatives, coupled with ongoing legislative and regulatory changes to grow its brand and increase value for its shareholders
While the psychedelics industry might be in its early stages, its potential is growing tremendously, particularly in the healthcare space. Already, it is estimated that by 2027, this market will be valued at about $10.75 billion. Furthermore, it is estimated that by 2023, the alternative antidepressant drug market, specifically, will be valued at $15.98 billion (https://ibn.fm/PPOym).
This growth will be attributed to the ongoing shift from traditional antidepressants to psychedelics, given their higher efficacy and significantly lower relapse rates after…
NOTE TO INVESTORS: The latest news and updates relating to DELCF are available in the company’s newsroom at https://ibn.fm/DELCF
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