Europe Medical Cannabis Oil Market Poised for Significant Growth: From US$ 905.56 Million in 2023 | Astute Analytica
The European medical cannabis oil market is set to experience robust expansion with a projected CAGR of 12.8% during the forecast period 2024โ2032.
CHICAGO, UNITED STATES, July 31, 2024 /EINPresswire.com/ -- The ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐ฆ๐๐๐ข๐๐๐ฅ ๐๐๐ง๐ง๐๐๐ข๐ฌ ๐จ๐ข๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ was valued at approximately ๐๐$ ๐๐๐.๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐ and is projected to achieve a market valuation of ๐๐$ ๐,๐๐๐.๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐. This significant growth represents a robust compound annual growth rate (๐๐๐๐) ๐จ๐ ๐๐.๐% over the forecast period from ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.๐๐ก๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐- https://www.astuteanalytica.com/request-sample/europe-medical-cannabis-oil-market
The expansion of the medical cannabis oil market in Europe is driven by increasing acceptance of cannabis-based treatments, advancements in medical research, and a growing emphasis on alternative therapies for chronic conditions. As regulatory frameworks continue to evolve and public awareness increases, the demand for medical cannabis oil is anticipated to rise substantially.
๐๐๐ฒ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐๐จ๐ง๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐ง๐ ๐ญ๐จ ๐ญ๐ก๐ข๐ฌ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง๐๐ฅ๐ฎ๐๐:
๐๐๐ ๐ฎ๐ฅ๐๐ญ๐จ๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ: Progressive regulations and favorable government policies facilitating medical cannabis use.
๐๐ฅ๐ข๐ง๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ: Ongoing research and clinical trials demonstrating the efficacy of cannabis oil in managing various medical conditions.
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐๐ฌ๐ฌ๐ข๐๐ข๐ฅ๐ข๐ญ๐ฒ: Enhanced distribution channels and increased availability of medical cannabis products across Europe.
The market's expansion is expected to create new opportunities for industry stakeholders, including pharmaceutical companies, healthcare providers, and investors, while addressing the growing patient population seeking alternative treatments.
๐๐จ๐ฉ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐๐๐ข๐๐๐ฅ ๐๐๐ง๐ง๐๐๐ข๐ฌ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ
Aurora Cannabis Inc.
Bedrocan
Biocann
BIOTA Biosciences LLC
Cannamedical
Mary Jane CBD
Sanity Group GmbH
Tilray
Valcon Medical
Other Prominent Players
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐ฆ๐๐๐ข๐๐๐ฅ ๐๐๐ง๐ง๐๐๐ข๐ฌ ๐จ๐ข๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ง๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง๐ญ๐จ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ, ๐ญ๐ซ๐๐ง๐๐ฌ, ๐๐ง๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ๐ฌ, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐๐จ๐ง๐ญ๐๐๐ญ:- https://www.astuteanalytica.com/industry-report/europe-medical-cannabis-oil-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
๐๐ฒ ๐๐๐ซ๐ข๐ฏ๐๐ญ๐ข๐ฏ๐๐ฌ
Cannabidiol (CBD)
Tetrahydrocannabinol (THC)
Cannabicyclol (CBL)
Cannabichromene (CBC)
Others
By Source
Natural
Synthetic
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Alzheimer's Disease
Appetite Loss
Cancer
Inflammatory Bowel Diseases
Autism
Mental Health Conditions
Multiple Sclerosis
Pain Management
Nausea
Muscle Spasms
Depression and Sleep Disorders
Others
๐๐ฒ ๐๐จ๐ฎ๐ญ๐ ๐จ๐ ๐๐๐ฆ๐ข๐ง๐ข๐ฌ๐ญ๐ซ๐๐ญ๐ข๐จ๐ง
Oral Solutions and Capsules
Vaporizers
Topicals
Others
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ
Pharmaceutical Industry
Research and Development Centers
Homecare Setting
Hospitals
Rehab Centers
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
B2B
B2C
By Country
The UK
Germany
The Netherlands
Italy
Spain
Poland
Rest of Europe
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/europe-medical-cannabis-oil-market
๐๐๐จ๐ฎ๐ญ ๐๐ฌ๐ญ๐ฎ๐ญ๐ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐:
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