Recreational Drugs Market Trends

Growth Drivers

• Growing influence among the young generation to consume recreational drugs - The market is emerging, as a result of its increasing need; particularly amongst young people and adults as these drugs offer a pleasant experience to the consumer which may lead to addiction.
  
  People are interested in experimenting with the effects; if the drugs make them happy and forget their worries or problems, some may get influenced into trying them. Likewise, many reasons activate the urge among people to try recreational drugs, thus stimulating market growth. As per reports, an evaluated 9.5% of adults, i.e., 3.5 million people aged 17-60, had consumed drugs in 2021. This rose to 22% when considering the age group of 17-25.
• Therapeutic usage of some recreational drugs - Most recreational drugs are prohibited for the general population, but some are still available for therapeutic purposes. This may involve using them for psychological concerns. For instance, as per research, there is evidence to show that medical cannabis and cannabidiol oil (CBD oil) aid with anxiety.

Challenges

• Variations in laws - Several countries and states have regulated acts and laws to discontinue the usage of recreational drugs but many acts do not adhere to factors such as clinical trials, manufacturing processes along with involvement of multiple authorities. Moreover, these variations create a sense of complexity in understanding the laws and acts, causing a hindrance in the growth of the recreational drugs market.
• Lack of acceptance of drugs can lead to decreased recreational drugs requirement.
• Misuse of recreational drugs raises concerns about public safety.