Europe CBD Oil Market Report by Source (Marijuana Based, Hemp Based), Product Type (Inorganic, Organic), Product Category (Flavoured, Unflavoured), Application (Food and Beverages, Personal Care, Healthcare, Nutraceuticals, and Others), Distribution Channel (Direct, Indirect), and Country 2024-2032

Europe CBD Oil Market Report by Source (Marijuana Based, Hemp Based), Product Type (Inorganic, Organic), Product Category (Flavoured, Unflavoured), Application (Food and Beverages, Personal Care, Healthcare, Nutraceuticals, and Others), Distribution Channel (Direct, Indirect), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A3969
Buy Now

Market Overview:

The Europe CBD oil market size is expected to exhibit a growth rate (CAGR) of 18.65% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Growth Rate 2024-2032 18.65%


Cannabidiol (CBD) refers to a non-psychoactive compound extracted from leaves, resin, and flowers of the marijuana or hemp (cannabis) plant. CBD oil is mainly produced by extracting CBD from the cannabis plant and further diluting it with a carrier oil, such as coconut or hemp seed oil. The oil is widely adopted for numerous medicinal purposes due to the absence of psychoactive effects, such as reducing depression, relieving pain, improving heart health, alleviating cancer-related symptoms, treating acne, etc.

The rising legalization of cannabidiol across several European countries is propelling the market for CBD oil. The growing prevalence of various neurological and psychiatric ailments is also driving the demand of CBD oil for treating insomnia, reducing anxiety, minimizing stress levels, improving seizures, etc. In line with this, CBD oil-infused supplements are also adopted in cancer treatment for relieving adverse health effects of chemotherapy, such as inflammation, nausea, insomnia, weight loss, etc. Moreover, significant growth in the pharmaceutical industry along with the increasing use of bioactive ingredients in drugs is further catalyzing the use of CBD oil based on its high content of iron, protein, fiber, zinc, etc. Additionally, the expanding utilization of CBD oil in the cosmetics and personal care sectors based on its antioxidation, anti-aging, and anti-inflammatory properties is also augmenting the market growth in the region. In the coming years, the rising investments by several private and government organizations in extensive R&D activities for cannabinoids will continue to drive the CBD oil market in Europe.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe CBD oil market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on source, product type, product category, application and distribution channel.

Breakup by Source:

  • Marijuana Based
  • Hemp Based
     

Breakup by Product Type:

  • Inorganic
  • Organic
     

Breakup by Product Category:

  • Flavoured
  • Unflavoured
     

Breakup by Application:

  • Food and Beverages
  • Personal Care
  • Healthcare
  • Nutraceuticals
  • Others
     

Breakup by Distribution Channel:

  • Direct
  • Indirect
     

Breakup by Country:

  • Germany
  • Spain
  • Italy
  • France
  • United Kingdom
  • Russia
  • Rest of Europe
     

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Aurora Cannabis, Diamond CBD Inc., ENDOCA, APHRIA Inc., ConnOils LLC, Elixinol Global Limited, Emblem CANNABIS, NuLeaf Naturals, LLC, CBD Ultra Limited and The Original Alternative Limited.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Source, Product Type, Product Category, Application, Distribution Channel, Country
Countries Covered Germany, Spain, Italy, France, United Kingdom, Russia, Rest of Europe
Companies Covered Aurora Cannabis, Diamond CBD Inc., ENDOCA, APHRIA Inc., ConnOils LLC, Elixinol Global Limited, Emblem CANNABIS, NuLeaf Naturals, LLC, CBD Ultra Limited and The Original Alternative Limited
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

We expect the Europe CBD oil market to exhibit a CAGR of 18.65% during 2024-2032.

The growing prevalence of various neurological and psychiatric ailments, along with the rising demand for CBD oil for treating insomnia, reducing anxiety, minimizing stress levels, improving seizures, etc., is primarily driving the Europe CBD oil market.

The sudden outbreak of the COVID-19 pandemic had led to the increasing number of R&D activities pertaining to specialty generic drugs for combating the spread of the coronavirus infection, thereby negatively impacting the regional market for CBD oil.

Based on the source, the Europe CBD oil market can be segmented into marijuana based and hemp based, where marijuana based currently holds the majority of the total market share.

Based on the product category, the Europe CBD oil market has been divided into flavored and unflavored. Currently, unflavored exhibits a clear dominance in the market.

Based on the application, the Europe CBD oil market can be categorized into food and beverages, personal care, healthcare, nutraceuticals, and others. Among these, nutraceuticals account for the largest market share.

On a regional level, the market has been classified into Germany, Spain, Italy, France, United Kingdom, Russia, and Rest of Europe, where France currently dominates the Europe CBD oil market.

Some of the major players in the Europe CBD oil market include Aurora Cannabis, Diamond CBD Inc., ENDOCA, APHRIA Inc., ConnOils LLC, Elixinol Global Limited, Emblem CANNABIS, NuLeaf Naturals, LLC, CBD Ultra Limited, and The Original Alternative Limited.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Europe CBD Oil Market Report by Source (Marijuana Based, Hemp Based), Product Type (Inorganic, Organic), Product Category (Flavoured, Unflavoured), Application (Food and Beverages, Personal Care, Healthcare, Nutraceuticals, and Others), Distribution Channel (Direct, Indirect), and Country 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More