Overview of the Europe Cannabidiol (CBD) Industry:

The Europe Cannabidiol (CBD) market is projected to experience substantial growth between 2023 and 2028, driven by digital transformation, innovation in service delivery, and expanding demand. With a forecasted CAGR of 24.57% during the forecast period, i.e., 2023-28.

This report offers an in-depth analysis of the key drivers, challenges, competitive landscape, and future outlook — helping businesses, investors, and stakeholders make informed decisions.

Market Size & Forecast (2023–2028)

• Base Year: 2022
• Forecast Period: 2023-28
• Estimated CAGR (2023-28): 24.57%

Key Market Driver (What’s Driving Europe Cannabidiol (CBD) Sector Growth?)

Burgeoning Investment in Research & Development Activities - The CBD market is quite competitive due to the presence of a large number of national & international companies initiating various research & development activities. Consequently, the growing research & development for the wide applications of CBD accelerated the growth of the market in recent years. To foster the growth of CBD, the government of countries such as Germany, France, etc., are investing heavily in research & development activities to make use of CBD for the development of new products in the field of cosmetics, medicine, pet food, etc., hence improving the market value. Moreover, pharmaceutical companies are developing cannabidiol-based medicines to treat Fragile X syndrome, gastrointestinal disorders, and neurological diseases such as epilepsy, schizophrenia, etc., while conducting several clinical trials. I

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Europe Cannabidiol (CBD) Industry Recent Developments

• 2023: Auora Europe announced to expand its product portfolio in Germany, with two new cannabis flower products, having high THC content for the patients.

Top Companies in the Europe Cannabidiol (CBD) Market

Here’s a snapshot of key players leading innovation and market share:

• Aurora Europe
• uHemp
• Sequoya
• Endoca
• CBD One Ltd.
• Formula Swiss
• Spectrums Europe
• MH medical hemp GmbH
• Green Brothers
• Canopy Growth Corporation
• Others

The market is highly fragmented, with a mix of and regional players competing for market share. To Learn More About the Trends Impacting the Future of Top 10 Companies in Premium Europe Cannabidiol (CBD) Market

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Europe Cannabidiol (CBD) Market Segmentation Analysis

-By Application

• Medicinal Use
• Beauty & Personal Care
• Pets
• Recreational

Beauty & Personal Care is expected to register a significant demand in the forecast years.

-By Product Type

• Edibles
• Flower
• Oil & Tinctures
• Pills & Capsules
• Topical
• Others (Vape, Spray, etc.)

Edibles are estimated to acquire a considerable share of the Europe Cannabidiol (CBD) market during 2023-28.

-By Distribution Channel

• Regulated Dispensary
• Stand-Alone Retailers
• Department/Super Stores
• Online Portals

Geographical Analysis

-By Country

• The UK
• Netherlands
• France
• Germany
• Italy
• Rest of Europe

The UK held a dominant share in the Europe Cannabidiol (CBD) market during the historical period, owing to the approval of cannabis for medical purposes, an increase in the number of startups that aimed at CBD-based products, and rising R&D investments towards exploring its applications, among others.

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Methodology Behind the Report

This research combines qualitative and quantitative methods, including:

• Expert interviews
• Proprietary forecasting models
• Financial and trade databases
• Government and institutional data

Forecasts are validated using top-down and bottom-up approaches to ensure accuracy and reliability.

Frequently Asked Questions About the Europe Cannabidiol (CBD) Market

1. What is the growth rate of the Europe Cannabidiol (CBD) market from 2023–2028?
2. Which segment are expected to dominate market?
3. Who are the top companies and what strategies being they using?
4. What are the key risks and challenges in this industry?
5. How can businesses prepare for future trends?

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