Industry Analysis
Data Bridge Market Research has forecasted that the Europe cannabis market will experience a significant growth rate of 43.10% during the period of 2022 to 2029. This growth is expected to be driven by various factors such as the emergence of new players in the market and the increasing availability of advanced cannabis products. Additionally, manufacturers are actively engaged in research and development efforts to introduce innovative products to the market.
Europe Cannabis Market analysis report figures out market landscape, brand awareness, latest trends, possible future issues, industry trends and customer behavior so that the business can stand high in the crowd. It includes extensive research on the current conditions of the industry, potential of the market in the present and the future prospects from various angles. This market report comprises of data that can be pretty essential when it comes to dominating the market or making a mark in the Food and Beverage industry as a new emergent. To bestow clients with the best results, Data bridge market research document is produced by using integrated approaches and latest technology.
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Market Insights and Scope
Cannabis refers to the dried leaves and flowering tops of the Cannabis indica or Cannabis sativa plants, which can be smoked or consumed for their therapeutic or psychotropic effects. It is a herbal drug that contains cannabinoids, such as delta-9-Tetrahydrocannabinol (THC) and Cannabidiol (CBD), which have drug-like effects on the body's systems, including the immune and central nervous systems. Continued use of cannabinoids may lead to psychological dependence. Cannabis can be used to alleviate symptoms and side effects of cancer and other chronic illnesses, such as pain, nausea, and loss of body weight and muscle mass (cachexia). The applications of cannabis are widespread, including use in food and beverages, cosmetics, pharmaceuticals, textiles, chemicals, and various other industries.
An excellent Data bridge market research report covers the systematic and comprehensive market research study, to provide the facts and figures allied with any subject in the field of marketing. With the specific and state-of-the-art information presented in this industry report, businesses can be aware about the types of consumers, consumer’s demands and preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying tastes about the specific product already existing in the Food and Beverage industry. Quality and transparency are strictly maintained while carrying out research studies to offer an exceptional market research report for specific niche.
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Industry Segmentation and Size
Europe cannabis market is segmented based on type, product type, component, category, strain, application and usage type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Hemp
- Marijuana
- Synthetic Cannabis
Product Type
- Full-Spectrum Cannabis Products
- Broad-Spectrum Cannabis Products
- Cannabis Isolates Cannabis Products
Component
- THC-Dominant
- CBD-Dominant
- Balanced THC CBD
Category
- Organic
- Inorganic
Strain
- Indica
- Sativa
- Hybrid
Application
- Cannabis Concentrate
- Cannabis Vape Juice
- Cannabis Capsules
- Cannabis Flower
- Cannabis Oils
- Cannabis Tinctures
- Cannabis Topicals
- Cannabis Edibles
- Cannabis Medicinal Products
Usage Type
- Recreational
- Medicinal
Market Country Level Analysis
The countries covered in this market report are
- Germany, U.K., Italy, Netherlands, Switzerland, France, Russia, Spain, Belgium, Turkey and Rest of Europe. Germany is expected to dominate the market due to rise in legalization of cannabis in the country as well as increasing usage of cannabis in various healthcare products in Germany.
Industry Share Analysis
Some of the major players operating in the Europe cannabis 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 and IDT Australia among others.
Europe Cannabis Market Report Answers the Following Questions:
What factors are driving the growth of the Europe Cannabis Market?
What are the end-user industries for Europe Cannabis Market?
How has the demand for Europe Cannabis Market changed over time?
What is the future outlook for the Europe Cannabis Market?
What are the major players in the Europe Cannabis Market?
How has the COVID-19 pandemic affected the Europe Cannabis Market?
What are the challenges faced by the Europe Cannabis Market?
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