Europe Cannabidiol (CBD) Market to 2032

Q: What is the current market size of the Europe Cannabidiol (CBD) Market?

Europe Cannabidiol (CBD) Market was valued at USD 2,428.02 (Revenue in USD Billion) in 2021.

Overview

The Europe Cannabidiol (CBD) Market is expected to reach a 15,442.41 USD Billion by 2032 and is projected to grow at a CAGR of 37.42% from 2025 to 2032.

Revenue, 2024 (USD Billion)

2,428.02

Forecast, 2032 (USD Billion)

15,442.41

CAGR, 2024 - 2032

37.42%

Report Coverage

Europe

Europe Cannabidiol (CBD) Market 2018-2032 USD Billion

Europe Cannabidiol (CBD) Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 2,428.02 USD Billion
Projected Market Size (2032): 15,442.41 USD Billion
CAGR (2025-2032): 37.42%

Key Findings of Europe Cannabidiol (CBD) Market

The Europe Cannabidiol (CBD) Market was valued at 2,428.02 USD Billion in 2024.
The Europe Cannabidiol (CBD) Market is likely to grow at a CAGR of 37.42% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Organic in Nature Segment accounted for the largest share of the market with a revenue of 1,963.53 USD Billion
The fastest growing segment Therapeutic Grade in Grade Segment grew Fastest with a CAGR of 41.24% during the forecast period from 2024 to 2032.

Europe Cannabidiol (CBD) Market Scope

Europe Cannabidiol (CBD) Market Segmentation & Scope

Application

Others
Topicals
Beverages
Dietary Supplements
Pharmaceuticals
Food
Tincture

Product Type

Others
Cannabidiol (CBD) Concentrates
Cannabidiol (CBD) Isolates
Cannabidiol (CBD) Oil

Nature

Inorganic
Organic

Grade

Therapeutic Grade
Food Grade

Source

Marijuana
Hemp

Europe Cannabidiol (CBD) Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Billion
Market Value in 2024	2,428.02 USD Billion
Market Value in 2032	15,442.41 USD Billion
CAGR (2025-2032)	37.42%
Historic Data	2016-2023
Market Segments Covered	Application,Product Type,Nature,Grade,Source

Regional Insights:

Leading Market (2024-2032): Europe, leading in terms of revenue 2,428.02 USD Billion in 2024
- Key Country: Germany, leading in terms of revenue with value of 734.77 USD Billion in 2024.

Segments and Scope

Europe Cannabidiol (CBD) Market to 2032, By Application
- Tincture is the largest segment in Europe Cannabidiol (CBD) Market to 2032 with a revenue of 855.18 USD Billion in the year 2024.
- Pharmaceuticals is the Fastest growing segment in Europe Cannabidiol (CBD) Market to 2032 with a Growth rate of 40.45 % in forecast period 2025-2032.
Europe Cannabidiol (CBD) Market to 2032, By Product Type
- Cannabidiol (CBD) Oil is the largest segment in Europe Cannabidiol (CBD) Market to 2032 with a revenue of 1,269.84 USD Billion in the year 2024.
- Cannabidiol (CBD) Oil is the Fastest growing segment in Europe Cannabidiol (CBD) Market to 2032 with a Growth rate of 38.11 % in forecast period 2025-2032.
Europe Cannabidiol (CBD) Market to 2032, By Nature
- Organic is the largest segment in Europe Cannabidiol (CBD) Market to 2032 with a revenue of 1,963.53 USD Billion in the year 2024.
- Organic is the Fastest growing segment in Europe Cannabidiol (CBD) Market to 2032 with a Growth rate of 38.34 % in forecast period 2025-2032.
Europe Cannabidiol (CBD) Market to 2032, By Grade
- Food Grade is the largest segment in Europe Cannabidiol (CBD) Market to 2032 with a revenue of 1,568.62 USD Billion in the year 2024.
- Therapeutic Grade is the Fastest growing segment in Europe Cannabidiol (CBD) Market to 2032 with a Growth rate of 35.31 % in forecast period 2025-2032.
Europe Cannabidiol (CBD) Market to 2032, By Source
- Hemp is the largest segment in Europe Cannabidiol (CBD) Market to 2032 with a revenue of 1,420.00 USD Billion in the year 2024.
- Hemp is the Fastest growing segment in Europe Cannabidiol (CBD) Market to 2032 with a Growth rate of 38.78 % in forecast period 2025-2032.

Europe Cannabidiol (CBD) Market Company Share Analysis

Company Name
Jazz Pharmaceuticals, Inc.
Tilray
Canopy Growth Corporation
Aurora Cannabis
Curaleaf

Europe Cannabidiol (CBD) Market Geographical Sales Distribution, 2018-2032 USD Billion

Europe Cannabidiol (CBD) Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Europe Cannabidiol (CBD) Market?

The Europe Cannabidiol (CBD) Market is segmented based on Segmentation Application,Product Type,Nature,Grade,Source.

What is the current market size of the Europe Cannabidiol (CBD) Market?

Europe Cannabidiol (CBD) Market was valued at USD 2,428.02(Revenue in USD Billion) in 2021.

What is the expected growth rate of the Europe Cannabidiol (CBD) Market?

Europe Cannabidiol (CBD) Market is projected to grow at a CAGR of 37.42% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Europe Cannabidiol (CBD) Market?

The Organic segment is expected to dominate the Europe Cannabidiol (CBD) Market, holding a largest market share of 1,963.53 USD Billion in 2024