Netherlands Legal Marijuana Market Size & Outlook
Netherlands legal marijuana market, 2018-2030 (US$M)
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Netherlands legal marijuana market highlights
- The Netherlands legal marijuana market generated a revenue of USD 64.1 million in 2023 and is expected to reach USD 337.5 million by 2030.
- The Netherlands market is expected to grow at a CAGR of 26.8% from 2024 to 2030.
- In terms of segment, medical use was the largest revenue generating application in 2023.
- Adult Use is the most lucrative application segment registering the fastest growth during the forecast period.
Legal marijuana market data book summary
| Market revenue in 2023 | USD 64.1 million |
| Market revenue in 2030 | USD 337.5 million |
| Growth rate | 26.8% (CAGR from 2023 to 2030) |
| Largest segment | Medical use |
| Fastest growing segment | Adult Use |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Use, Adult Use |
| Key market players worldwide | Canopy Growth Corp, Aurora Cannabis Inc, Tilray Brands Inc, MediPharm Labs Corp, The Cronos Group, Wayland Group Corp, OrganiGram Holdings Inc, Lexaria Bioscience Corp, GW Pharmaceuticals |
Other key industry trends
- In terms of revenue, Netherlands accounted for 0.3% of the global legal marijuana market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Switzerland legal marijuana 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 625.5 million by 2030.
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Legal Marijuana Market Scope
Legal Marijuana Market Companies
| Name | Profile | # Employees | HQ | Website |
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Netherlands legal marijuana 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 marijuana market will help companies and investors design strategic landscapes.
Medical use was the largest segment with a revenue share of 81.28% in 2023. Horizon Databook has segmented the Netherlands legal marijuana market based on medical use, adult use covering the revenue growth of each sub-segment from 2018 to 2030.
Marijuana in Netherlands is illegal 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 undertaking the 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 marijuana was sourced from the illicit market. It was impossible to guarantee quality, consistency, and origin of marijuana used for medical purposes, which was obtained from illicit sources.
Therefore, the Office of Medicinal Cannabis was established in March 2000, to make quality product available to the patients. This organization served as the National Agency from 1st January 2001. In 2003, the Netherlands initiated one of the first national medicinal cannabis programs across 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 legal marijuana market , including forecasts for subscribers. This country databook contains high-level insights into Netherlands legal marijuana market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Netherlands legal marijuana market size, by application, 2018-2030 (US$M)
Netherlands Legal Marijuana Market Outlook Share, 2023 & 2030 (US$M)
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