Cybin Corp. Leads Out in Growing Billion-Dollar Nutraceutical, Psychedelic Markets

  • Global nutraceutical market valued at $ 382.51 billion; psychedelic drugs market to reach $6.85 billion
  • Cybin deploys two-pronged approach covering both psychedelic pharmaceutical and nutraceutical segments
  • As psilocybin continues to prove effective in treating mental health conditions, the company is poised to leverage vast addressable market

Cybin Corp., a Canadian early-stage life sciences company appears ideally positioned in two promising markets: nutraceuticals and psychedelic drugs. Both sectors are projected to see impressive growth in the coming years. Cybin looks to benefit from its growing footprint in both spaces.

In 2019, the global nutraceutical market was valued at $382.51 billion. The market is also expected to grow at a compound annual growth rate (“CAGR”) of 8.3% over the next seven years. Consumers continue to embrace functional foods, or foods that offer benefits beyond basic nutrition, for their…

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NOTE TO INVESTORS: The latest news and updates relating to Cybin are available in the company’s newsroom at http://ibn.fm/Cybin

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