Europe Cbd Pouches Market Size & Outlook, 2023-2030
Europe cbd pouches market, 2018-2030 (US$M)
Related Markets
Europe cbd pouches market highlights
- The Europe cbd pouches market generated a revenue of USD 19,033.2 million in 2023.
- The market is expected to grow at a CAGR of 26.4% from 2024 to 2030.
- In terms of segment, 10 mg -20 mg was the largest revenue generating cbd content in 2023.
- 10 mg -20 mg is the most lucrative cbd content segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 19,033.2 million |
| Market revenue in 2030 | USD 98,282.0 million |
| Growth rate | 26.4% (CAGR from 2023 to 2030) |
| Largest segment | 10 mg -20 mg |
| Fastest growing segment | 10 mg -20 mg |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Upto 10 mg, 10 mg -20 mg |
| Key market players worldwide | Swedish Match, Metolius, Canna Flora Hemp, Canndid, Cannadips |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.6% of the global cbd pouches market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 98,282.0 million by 2030.
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CBD Pouches Market Scope
CBD Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe cbd pouches 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 cbd pouches market will help companies and investors design strategic landscapes.
10 mg -20 mg was the largest segment with a revenue share of 50.15% in 2023. Horizon Databook has segmented the Europe cbd pouches market based on upto 10 mg, 10 mg -20 mg covering the revenue growth of each sub-segment from 2018 to 2030.
Growing consumer awareness about the therapeutic benefits of CBD pouches is driving the demand for these products in Europe. Several key players, including Cannadips Europe, Nicopods ehf., and The Snus Brothers, have established a strong presence in the region. These companies are implementing strategic partnerships to expand their reach and cater to a larger customer base.
This collaboration was aimed at enabling Poko to launch its CBD pouches in the U.K., offering a discreet and smoke-free alternative for individuals seeking relief from anxiety, stress, and sleep disorders. The pouches are available in eight distinct flavors: beery blast, berry breeze, mango crush, blackcurrant anise, strawberry haze, ice apple, glacial mint, and cherry orchard.
Health-conscious consumption habits have led many Europeans to seek natural and plant-based remedies for various health concerns. CBD’s natural origins make it an attractive option for those looking for alternative wellness solutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe cbd pouches market, including forecasts for subscribers. This continent databook contains high-level insights into Europe cbd pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe cbd pouches market report size, by country, 2018-2030 (US$M)
Europe CBD Pouches Market Share, 2023 & 2030 (US$M)
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