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Europe Cannabis Seeds Market
No. of Pages: 109 | Report Code: TIPRE00026229 | Category: Food and Beverages
No. of Pages: 109 | Report Code: TIPRE00026229 | Category: Food and Beverages
Market Introduction
The Europe cannabis seeds market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The legalization of cannabis has allowed people to practice substance use safely while realizing its medicinal benefits. As a result, many countries around the world are gradually legalizing cannabis use. For instance, several countries, including the Netherlands, Poland, and Portugal, have legalized the medical use of cannabis. Moreover, most countries across the region have not legalized the recreational use of cannabis, however the perception of its use and sale has changed over time due to its proven health benefits, which has increased the popularity of cannabis for recreational purpose. For instance, the use of recreational cannabis is legal several countries. Thus, the increasing legalization or decriminalization of cannabis in various countries is driving the market for cannabis seeds.
Cannabis has shown great potential in the fight against COVID-19, mainly due to its anti-inflammatory properties. Research studies also show that cannabis and its compounds have important therapeutic properties such as pain relief and anxiety reduction. While these may provide treatment to COVID-19 patients, more research into cannabis's pain-relieving and anxiety-reducing qualities on COVID-19 patients is required before any conclusions can be formed. The onset of COVID-19 pandemic has resulted in tax shortfalls in several European countries. The governments of European countries are seeking various sources of tax income, and a potential source of tax income can be the legalization of cannabis, which could become progressively engaging, and eventually enhance the production of cannabis seeds growers and cultivators in the region.
Strategic insights for the Europe Cannabis Seeds provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Europe Cannabis Seeds refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Europe Cannabis Seeds Strategic Insights
Europe Cannabis Seeds Report Scope
Report Attribute
Details
Market size in 2021
US$ 240.64 Million
Market Size by 2028
US$ 836.38 Million
Global CAGR (2021 - 2028)
19.5%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Type
By Category
By Strain
By Distribution Channel
Regions and Countries Covered
Europe
Market leaders and key company profiles
Europe Cannabis Seeds Regional Insights
Market Overview and Dynamics
The cannabis seeds market in Europe is expected to grow from US$ 240.64 million in 2021 to US$ 836.38 million by 2028; it is estimated to grow at a CAGR of 19.5% from 2021 to 2028. There has been a growing demand for cannabis for recreational use across the region. European countries such as Netherlands, United Kingdom are popular for the cultivation of recreational cannabis. Countries like Denmark, Germany, Ireland, France, Italy is expected to boost the demand for recreational cannabis owing the improved legal framework. Thus, the rising adoption of cannabis seeds for recreational purposes is expected to provide growth opportunities for the cannabis market.
Key Market Segments
Based on type, the regular seeds segment accounted for the largest share of the Europe cannabis seeds market in 2020. Based on category, the conventional segment accounted for the largest share of the Europe cannabis seeds market in 2020. Based on strain, the sativa segment accounted for the largest share of the Europe cannabis seeds market in 2020. Based on distribution channel, the wholesalers and distributors segment accounted for the largest share of the Europe cannabis seeds market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Europe cannabis seeds market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Christiania Seeds; Barney’s Souvenirs Bv; Paradise Seeds Family; Seed Supreme; Sensi Seeds; Serious Seeds; Sweet Seeds; and Dutch Passion.
Reasons to buy report
Europe Cannabis Seeds Market Segmentation
Europe Cannabis Seeds Market – By Country
Europe Cannabis Seeds Market – Company Profiles
The Europe Cannabis Seeds Market is valued at US$ 240.64 Million in 2021, it is projected to reach US$ 836.38 Million by 2028.
As per our report Europe Cannabis Seeds Market, the market size is valued at US$ 240.64 Million in 2021, projecting it to reach US$ 836.38 Million by 2028. This translates to a CAGR of approximately 19.5% during the forecast period.
The Europe Cannabis Seeds Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Cannabis Seeds Market report:
The Europe Cannabis Seeds Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Cannabis Seeds Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Cannabis Seeds Market value chain can benefit from the information contained in a comprehensive market report.