The cannabis seeds market in Europe is expected to grow from US$ 240.64 million in 2021 to US$ 836.38 million by 2028; it is estimated to grow at a CAGR of 19.5% from 2021 to 2028. There has been a growing demand for cannabis for recreational use across the region. European countries such as Netherlands, United Kingdom are popular for the cultivation of recreational cannabis. Countries like Denmark, Germany, Ireland, France, Italy is expected to boost the demand for recreational cannabis owing the improved legal framework. Thus, the rising adoption of cannabis seeds for recreational purposes is expected to provide growth opportunities for the cannabis market.
key companies profiled in this research study are:
- Christiania Seeds
- Barney’s Souvenirs Bv
- Paradise Seeds Family
- Seed Supreme
- Sensi Seeds
- Serious Seeds
- Sweet Seeds
- Dutch Passion
Europe Cannabis Seeds Market Segmentation:
Europe Cannabis Seeds Market – By Type
- Regular Seeds
- Feminized Seeds
- Autoflowering Seeds
Europe Cannabis Seeds Market – By Category
Europe Cannabis Seeds Market – By Strain
Europe Cannabis Seeds Market – By Distribution Channel
- Wholesalers & Distributors
- Specialty Stores
- Online Retail
Europe Cannabis Seeds Market – By Country
- Rest of Europe
Cannabis has shown great potential in the fight against COVID-19, mainly due to its anti-inflammatory properties. Research studies also show that cannabis and its compounds have important therapeutic properties such as pain relief and anxiety reduction. While these may provide treatment to COVID-19 patients, more research into cannabis’s pain-relieving and anxiety-reducing qualities on COVID-19 patients is required before any conclusions can be formed. The onset of COVID-19 pandemic has resulted in tax shortfalls in several European countries. The governments of European countries are seeking various sources of tax income, and a potential source of tax income can be the legalization of cannabis, which could become progressively engaging, and eventually enhance the production of cannabis seeds growers and cultivators in the region.
Key Market Segments:
Based on type, the regular seeds segment accounted for the largest share of the Europe cannabis seeds market in 2020. Based on category, the conventional segment accounted for the largest share of the Europe cannabis seeds market in 2020. Based on strain, the sativa segment accounted for the largest share of the Europe cannabis seeds market in 2020. Based on distribution channel, the wholesalers and distributors segment accounted for the largest share of the Europe cannabis seeds market in 2020.
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Major Features of Europe Cannabis Seeds Market Report:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Cannabis Seeds Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Europe Cannabis Seeds Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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