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Cannabis in Europe

Publisher GlobalData
Published Aug 07, 2025
Length 42 Pages
SKU # GBDT20492646

Description

Cannabis in Europe

Summary

Cannabis in Europe industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Cannabis refers to a group of three psychoactive plants: Cannabis sativa, Cannabis indica, and Cannabis ruderalis. Our market scope includes both recreational and medicinal uses of cannabis, which are governed by regulated operations. This encompasses licensing, taxation, and strict adherence to safety standards. Market value refers to revenue generated by market players in a specific year.
  • The European cannabis market recorded revenues of $3,247.4 million in 2024, representing a compound annual growth rate (CAGR) of 17.4% between 2019 and 2024.
  • The medical use segment accounted for the market's largest proportion in 2024, with total revenues of $3,185.8 million, equivalent to 98.1% of the market's overall value.
  • Germany accounted for the largest share of 33.1% of the European cannabis market in 2024.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the cannabis market in Europe
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the cannabis market in Europe
  • Leading company profiles reveal details of key cannabis market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Europe cannabis market with five year forecasts
Reasons to Buy
  • What was the size of the Europe cannabis market by value in 2024?
  • What will be the size of the Europe cannabis market in 2029?
  • What factors are affecting the strength of competition in the Europe cannabis market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Europe's cannabis market?

Table of Contents

42 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Geography segmentation
1.4. Market rivalry
1.5. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. Tilray Brands Inc
8.2. Aurora Cannabis Inc
8.3. Curaleaf Holdings Inc
8.4. Canopy Growth Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
10.4. About GlobalData
List of Tables
Table 1: Europe cannabis market value: $ million, 2019-24
Table 2: Europe cannabis market geography segmentation: $ million, 2024
Table 3: Europe cannabis market value forecast: $ million, 2024-29
Table 4: Tilray Brands Inc: Key Facts
Table 5: Tilray Brands Inc: annual financial ratios
Table 6: Tilray Brands Inc: key employees
Table 7: Aurora Cannabis Inc: Key Facts
Table 8: Aurora Cannabis Inc: annual financial ratios
Table 9: Aurora Cannabis Inc: key employees
Table 10: Curaleaf Holdings Inc: Key Facts
Table 11: Curaleaf Holdings Inc: annual financial ratios
Table 12: Curaleaf Holdings Inc: key employees
Table 13: Canopy Growth Corp: Key Facts
Table 14: Canopy Growth Corp: annual financial ratios
Table 15: Canopy Growth Corp: key employees
Table 16: Europe Size of Population (Million), 2019-24
Table 17: Europe Real GDP (Constant 2010 Prices, $ Billion), 2019-24
Table 18: Europe GDP (Current Prices, $ Billion), 2019-24
Table 19: Europe Inflation, 2019-24
Table 20: Europe Consumer Price Index (Absolute), 2019-24
Table 21: Europe Exchange Rate, 2019-24
List of Figures
Figure 1: Europe cannabis market value: $ million, 2019-24
Figure 2: Europe cannabis market geography segmentation: % share, by value, 2024
Figure 3: Europe cannabis market value forecast: $ million, 2024-29
Figure 4: Forces driving competition in the cannabis market in Europe, 2024
Figure 5: Drivers of buyer power in the cannabis market in Europe, 2024
Figure 6: Drivers of supplier power in the cannabis market in Europe, 2024
Figure 7: Factors influencing the likelihood of new entrants in the cannabis market in Europe, 2024
Figure 8: Factors influencing the threat of substitutes in the cannabis market in Europe, 2024
Figure 9: Drivers of degree of rivalry in the cannabis market in Europe, 2024

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