Norway Cbd Pouches Market Size & Outlook, 2023-2030
Norway cbd pouches market, 2018-2030 (US$M)
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Norway cbd pouches market highlights
- The Norway cbd pouches market generated a revenue of USD 158.9 million in 2023 and is expected to reach USD 804.0 million by 2030.
- The Norway market is expected to grow at a CAGR of 26.1% 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.
Cbd pouches market data book summary
| Market revenue in 2023 | USD 158.9 million |
| Market revenue in 2030 | USD 804.0 million |
| Growth rate | 26.1% (CAGR from 2023 to 2030) |
| Largest segment | 10 mg -20 mg |
| Fastest growing segment | 10 mg -20 mg |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Norway accounted for 0.3% of the global cbd pouches market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK cbd pouches market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 24,950.2 million by 2030.
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CBD Pouches Market Scope
CBD Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
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Norway 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 53.37% in 2023. Horizon Databook has segmented the Norway cbd pouches market based on upto 10 mg, 10 mg -20 mg covering the revenue growth of each sub-segment from 2018 to 2030.
The shift from traditional smoking products to smokeless alternatives is gaining traction in Norway. CBD pouches provide a smoke-free way to consume CBD, appealing to health-conscious individuals who want to avoid inhaling smoke or tobacco. This shift in consumption methods could drive the adoption of CBD pouches in the country.
Norway has traditionally had strict regulations regarding cannabis. However, there is a growing shift in attitudes toward cannabis, including CBD, in the country. Reform groups and political parties, such as the Association for Humane Drug Policies, the Norwegian NORML, and the Young Liberals of Norway, are advocating for the legalization and regulation of cannabis.
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Horizon Databook provides a detailed overview of country-level data and insights on the Norway cbd pouches market, including forecasts for subscribers. This country databook contains high-level insights into Norway cbd pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Norway cbd pouches market report size, by cbd content, 2018-2030 (US$M)
Norway CBD Pouches Market Share, 2023 & 2030 (US$M)
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