Europe Cannabis Market - Industry Trends and Forecast to 2029

Europe Cannabis Market - Industry Trends and Forecast to 2029

The Europe cannabis market is projected to register a substantial CAGR of 43.10%, in the forecast period of 2022 to 2029. The new market report contains data for the historic year 2020, the base year of calculation is 2021, and the forecast period is 2022 to 2029.

Market Segmentation

Europe cannabis market, By Type (Hemp, Marijuana, and Synthetic Cannabis), Product Type (Full-Spectrum Cannabis, Broad-Spectrum Cannabis, and Cannabis Isolates Cannabis Products), Component (THC-Dominant, CBD-Dominant, and Balanced THC & CBD), Category (Organic and Inorganic), Strain (Indica, Sativa, Hybrid, and Others), Application (Cannabis Concentrate, Cannabis Vape Juice, Cannabis Capsules, Cannabis Flower, Cannabis Oils, Cannabis Tinctures, Cannabis Topicals, Cannabis Edibles, Cannabis Medicinal Products, and Others), Usage Type (Recreational and Medicinal) Country (Germany, U.K., Italy, France, Spain, Switzerland, Netherlands, Belgium, Russia, Denmark, Sweden, Poland, Turkey, and Rest of Europe) Industry Trends and Forecast to 2029

Some of the major factors contributing to the growth of the Europe cannabis market are:
• The growing millennial population is more fascinated with cannabis across Europe
• The rising demand for cannabis because of its easy efficacy in treatment, for recreational purposes, growing technological advancements, rising prevalence of chronic diseases, and key initiatives taken by manufacturers in Europe

Market Players

Some of the major players operating in the market are:
• Aurora Cannabis Inc.
• CANOPY GROWTH CORPORATION
• The Cronos Group
• Aphria Inc.
• Tilray
• Cannabis Science Inc.
• SOMAÍ Pharmaceuticals Inc.
• IMCI Pharmaceuticals
• Peace Natural Projects inc,
• BOL Pharma
• PharmaHemp
• Kiehl's
• Endoca
• Althea Company Pty Ltd.
• IDT AustraliaCompanies

• Aurora Cannabis Inc.
• CANOPY GROWTH CORPORATION
• The Cronos Group
• Aphria Inc.
• Tilray
• Cannabis Science Inc.
• SOMAÍ Pharmaceuticals Inc.
• IMCI Pharmaceuticals
• Peace Natural Projects inc,
• BOL Pharma
• PharmaHemp
• Kiehl's
• Endoca
• Althea Company Pty Ltd.
• IDT Australia

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