Europe Cannabis Market Size Of 36,997.1 Million By 2027, With Top Suppliers Aphria, Inc., Aurora Cannabis, Cannabis Science, Inc., Canopy Growth Corporation, Medical Marijuana, Inc.
The European cannabis market is expected to reach $ 36,997.1 million by 2027, up from $ 3,498.1 million in 2019. The market is projected to grow at a CAGR of 29.6% from 2020 to 2027.
Business Market Insights offers you regional research analyzes on “Cannabis market in Europe”And forecast to 2027. The research report provides deep insights into regional market revenues, parent market trends, macroeconomic indicators and guiding factors, and market attractiveness per market segment. The report provides an overview of the growth rate of the Europe cannabis market during the forecast period i.e. 2020-2027.
Factors driving market growth include improving medical cannabis regulations and the growing cannabis industry. The demand for cannabis products for treating respiratory diseases, nausea, and vomiting is also expected to increase during the OCVID-19 pandemic. However, challenges related to cannabis are likely to hamper market growth over the forecast period. The use of cannabis in the medical industry has increased significantly in recent years. It is used to make drugs derived from Indian hemp plants called Cannabis Indica and Cannabis Sativa. There are different forms of cannabis such as marijuana, hashish, and hash oil. Cannabis has been used for medicinal purposes for many years.
Sample copy of this European Cannabis Market Research Report is available at – https://www.businessmarketinsights.com/sample/TIPRE00012981
The report introduces the key players in the industry and provides a detailed analysis of their individual positions compared to the regional landscape. The study conducts a SWOT analysis to assess the strengths and weaknesses of the major players in the European cannabis market. The researcher provides a comprehensive analysis of the market size, market share, trends, total profit, gross sales and profit margin in Europe to make an accurate forecast and provide expert insights to investors to keep them updated on the market trends.
Main actors covered in this report:
- Aphria, Inc.
- Aurora cannabis
- Cannabis Science, Inc.
- Canopy Growth Corporation
- Medical Marijuana, Inc.
The study conducts a SWOT analysis to assess the strengths and weaknesses of the major players in the European cannabis market. Additionally, the report does an in-depth study of the drivers and restraint systems operating in the market. The report also assesses the trends observed in the parent market along with the macroeconomic indicators, prevailing factors and market attractiveness in relation to various segments. The report forecasts the influence of various industry aspects on the Europe Cannabis Market segments and regions.
Market segmentation of cannabis in Europe
By product type
- Pain management
- Neurological health management
- Mental health management
- Tetrahydrocannabinol (THC) dominant
- Cannabidiol (CBD) dominant
- Balanced THC and CBD
Order a copy of this market research report for cannabis in Europe at – https://www.businessmarketinsights.com/buy/single/TIPRE00012981
Research on the cannabis market in Europe is focused on uncovering valuable data on investment pockets, growth opportunities, and key market vendors to help clients understand their competitors’ methods. The study also segments the cannabis market based on end-user, product type, application, and demographics for the forecast period 2020-2027. Comprehensive analyzes of critical aspects such as influencing factors and the competitive landscape are presented with the help of important resources such as diagrams, tables and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the cannabis market in Europe.
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