Netherlands Cannabis Cultivation Market Size & Outlook
Netherlands cannabis cultivation market, 2018-2030 (US$M)
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Netherlands cannabis cultivation market highlights
- The Netherlands cannabis cultivation market generated a revenue of USD 785.4 million in 2022 and is expected to reach USD 4,182.2 million by 2030.
- The Netherlands market is expected to grow at a CAGR of 23.3% from 2023 to 2030.
- In terms of segment, hemp was the largest revenue generating biomass in 2022.
- Marijuana is the most lucrative biomass segment registering the fastest growth during the forecast period.
Cannabis cultivation market data book summary
| Market revenue in 2022 | USD 785.4 million |
| Market revenue in 2030 | USD 4,182.2 million |
| Growth rate | 23.3% (CAGR from 2022 to 2030) |
| Largest segment | Hemp |
| Fastest growing segment | Marijuana |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hemp, Marijuana |
| Key market players worldwide | Canopy Growth Corp, Aurora Cannabis Inc, Tilray Brands Inc, The Cronos Group, OrganiGram Holdings Inc, Atlas Growers, CannTrust Holdings Inc, The Hydropothecary Corp, Cannabist Company Holdings Inc, Aurora Cannabis |
Other key industry trends
- In terms of revenue, Netherlands accounted for 0.2% of the global cannabis cultivation market in 2022.
- Country-wise, South Africa is expected to lead the global market in terms of revenue in 2030.
- In Europe, France cannabis cultivation market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,813.0 million by 2030.
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Cannabis Cultivation Market Scope
Cannabis Cultivation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Netherlands cannabis cultivation 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 cannabis cultivation market will help companies and investors design strategic landscapes.
Hemp was the largest segment with a revenue share of 78.2% in 2022. Horizon Databook has segmented the Netherlands cannabis cultivation market based on hemp, marijuana covering the revenue growth of each sub-segment from 2018 to 2030.
Marijuana is illegal in the Netherlands but has been decriminalized for personal use. Netherlands has had a liberal and pragmatic drug policy for several decades and, hence, the Dutch people were among the first to approach the discussion of initiating Netherlands medicinal cannabis program.
Medical use of marijuana in certain quantities was made legal in the Netherlands; however, its sale was still illegal and, hence, cannabis was sourced from the illicit market. It was impossible to guarantee quality, consistency, and origin of cannabis used for medical purposes, when obtained from illicit sources.
Therefore, the Office of Medicinal Cannabis was established in March 2000, to make quality products available to patients. This organization served as the National Agency from January 1, 2001. In 2003, the Netherlands initiated one of the first national medicinal cannabis programs in the globe, which makes high-quality cannabis available to certain patient groups.
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Horizon Databook provides a detailed overview of country-level data and insights on the Netherlands cannabis cultivation market , including forecasts for subscribers. This country databook contains high-level insights into Netherlands cannabis cultivation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Netherlands cannabis cultivation market size, by biomass, 2018-2030 (US$M)
Netherlands Cannabis Cultivation Market Outlook Share, 2022 & 2030 (US$M)
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