Poland Cannabidiol Market Size & Outlook, 2023-2030
Poland cannabidiol market, 2018-2030 (US$M)
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Poland cannabidiol market highlights
- The Poland cannabidiol market generated a revenue of USD 9.2 million in 2023 and is expected to reach USD 59.0 million by 2030.
- The Poland market is expected to grow at a CAGR of 30.4% from 2024 to 2030.
- In terms of segment, hemp was the largest revenue generating product in 2023.
- Hemp is the most lucrative product segment registering the fastest growth during the forecast period.
Cannabidiol market data book summary
| Market revenue in 2023 | USD 9.2 million |
| Market revenue in 2030 | USD 59.0 million |
| Growth rate | 30.4% (CAGR from 2023 to 2030) |
| Largest segment | Hemp |
| Fastest growing segment | Hemp |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hemp, Marijuana |
| Key market players worldwide | Medical Marijuana Inc, Canopy Growth Corp, Elixinol Wellness Ltd Ordinary Shares, The Cronos Group, Isodiol International Inc, Endoca, Folium Biosciences, NuLeaf Naturals, PharmaHemp |
Other key industry trends
- In terms of revenue, Poland accounted for 0.1% of the global cannabidiol market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Netherlands cannabidiol market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 191.8 million by 2030.
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Cannabidiol Market Scope
Cannabidiol Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Poland cannabidiol market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cannabidiol market will help companies and investors design strategic landscapes.
Hemp was the largest segment with a revenue share of 60.87% in 2023. Horizon Databook has segmented the Poland cannabidiol market based on hemp, marijuana covering the revenue growth of each sub-segment from 2018 to 2030.
Poland legalized medical cannabis in 2017, and the legalization proceeded with the approval of Poland’s Health Care Committee (PHCC) along with parliamentary support. Even though the market is now legalized, cultivating cannabis domestically is restricted.
Cannabis available in Poland is imported from other countries such as the Netherlands, as lawmakers have restricted the domestic cultivation of cannabis due to the fear of its recreational use. Hence, pharmacies in Poland need to import raw cannabis and process it on-site.
Pharmacies can process imported raw cannabis into products, such as oil, tinctures, concentrates, and resins. This new law has lifted a ban on selling dried cannabis flowers as well as Tetrahydrocannabinol (THC) restriction on cannabis oil.
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Horizon Databook provides a detailed overview of country-level data and insights on the Poland cannabidiol market , including forecasts for subscribers. This country databook contains high-level insights into Poland cannabidiol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Poland cannabidiol market size, by product, 2018-2030 (US$M)
Poland Cannabidiol Market Outlook Share, 2023 & 2030 (US$M)
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