Spain Legal Cannabis Market Size & Outlook, 2023-2030
Spain legal cannabis market, 2018-2030 (US$M)
Related Markets
Spain legal cannabis market highlights
- The Spain legal cannabis market generated a revenue of USD 16.6 million in 2023 and is expected to reach USD 63.0 million by 2030.
- The Spain market is expected to grow at a CAGR of 21% from 2024 to 2030.
- In terms of segment, hemp was the largest revenue generating source in 2023.
- Marijuana is the most lucrative source segment registering the fastest growth during the forecast period.
Legal cannabis market data book summary
| Market revenue in 2023 | USD 16.6 million |
| Market revenue in 2030 | USD 63.0 million |
| Growth rate | 21% (CAGR from 2023 to 2030) |
| Largest segment | Hemp |
| Fastest growing segment | Marijuana |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Marijuana, Hemp |
| Key market players worldwide | Canopy Growth Corp, Aurora Cannabis Inc, Aphria Inc, The Cronos Group, Tilray Brands Inc, Sundial Growers, Insys Therapeutics, The Scotts Miracle Gro Co Class A, MediPharm Labs Corp, Cara Therapeutics Inc, GW Pharmaceuticals |
Other key industry trends
- In terms of revenue, Spain accounted for 0.1% of the global legal cannabis market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Switzerland legal cannabis market is projected to lead the regional market in terms of revenue in 2030.
- Switzerland is the fastest growing regional market in Europe and is projected to reach USD 1,206.7 million by 2030.
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Legal Cannabis Market Scope
Legal Cannabis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain legal cannabis 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 legal cannabis market will help companies and investors design strategic landscapes.
Hemp was the largest segment with a revenue share of 68.07% in 2023. Horizon Databook has segmented the Spain legal cannabis market based on marijuana, hemp covering the revenue growth of each sub-segment from 2018 to 2030.
- Spain Legal Cannabis Source Outlook (Revenue, USD Million, 2018-2030)
- Marijuana
- Flower
- Oil and Tinctures
- Hemp
- Hemp CBD
- Supplements
- Industrial Hemp
- Marijuana
- Spain Legal Cannabis Derivative Outlook (Revenue, USD Million, 2018-2030)
- CBD
- THC
- Others
- Spain Legal Cannabis End Use Outlook (Revenue, USD Million, 2018-2030)
- Medical
- Cancer
- Chronic Pain
- Depression and Anxiety
- Arthritis
- Diabetes
- Glaucoma
- Migraines
- Epilepsy
- Multiple Sclerosis
- AIDS
- Amyotrophic Lateral Sclerosis
- Alzheimers's
- Post Traumatic Stress Disorder (PTSD)
- Parkinson's
- Tourettes
- Others
- Recreational
- Industrial
- Medical
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Target buyers of Spain legal cannabis market databook
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Our clientele includes a mix of legal cannabis market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain legal cannabis market , including forecasts for subscribers. This country databook contains high-level insights into Spain legal cannabis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Spain legal cannabis market size, by source, 2018-2030 (US$M)
Spain Legal Cannabis Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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