Germany Cannabis Oil Market: Prospects, Trends Analysis, Market Size and Forecasts up to 2025

The country research report on Germany cannabis oil market is a customer intelligence and competitive study of the Germany market. Moreover, the report provides deep insights into demand forecasts, market trends, and, micro and macro indicators in the Germany market. Also, factors that are driving and restraining the cannabis oil market are highlighted in the study. This is an in-depth business intelligence report based on qualitative and quantitative parameters of the market. Additionally, this report provides readers with market insights and detailed analysis of market segments to possible micro levels. The companies and dealers/distributors profiled in the report include manufacturers & suppliers of cannabis oil market in Germany.

Germany cannabis oil market was valued at 205.7 million in 2019 and is projected to reach USD 2483.4 million by 2026. The market is expected to grow at a CAGR of 42.93% between 2020 and 2026 in terms of value.

Cannabis oil has a variety of positive effects on the human body and can be used to treat a considerable number of diseases. The oil is made by extracting CBD from the cannabis plant that is gaining momentum in the health and wellness world with some scientific studies confirming it may ease symptoms of ailments like chronic pain and anxiety. As a result, its usage as a medical product is increasing in Germany.

 Also, Germany was among the first nations in the EU to legalize medical usage of cannabis. Moreover, improving regulations surrounding the usage of CBD products favoring the growth of the cannabis oil market in Germany. The decision by the European Union is expected to simultaneously offer the German CBD industry a necessary boost. Most EU member states have legalized or actively considering the legalization of medical cannabis. This has made CBD products with less than 0.2% THC available over the counter and consumers can shop for any type of CBD products, including CBD oils.

Furthermore, ordering CBD oil online is also becoming popular in Germany. However, the high cost of cannabis oil will hinder the market growth to a considerable extent in Germany. Nevertheless, its growing applications in cosmetic products are expected to create new opportunities for the German cannabis oil market.

Segments Covered

The report on Germany cannabis oil market provides a detailed analysis of segments in the market based on type, and application.

Segmentation Based on Type   

·         Non-organic Cannabis Oil

·         Organic Cannabis Oil

Segmentation Based on Application

·         Medical

·         Recreational

Highlights of the Report

The report provides detailed insights into:

 1) Demand and supply conditions of cannabis oil market

 2) Factor affecting the cannabis oil market in the short run and the long run

 3) The dynamics including drivers, restraints, opportunities, political, socioeconomic factors, and technological factors

 4) Key trends and future prospects

 5) Leading companies operating in cannabis oil market and their competitive position in Germany

 6) The dealers/distributors profiles provide basic information of top 10 dealers & distributors operating in (Germany) cannabis oil market

 7) IGR Matrix: to position the product types

 8) Market estimates up to 2025

 The report answers questions such as:

 1) What is the market size of cannabis oil market in Germany?

 2) What are the factors that affect the growth in cannabis oil market over the forecast period?

 3) What is the competitive position in Germany cannabis oil market?

 4) What are the opportunities in Germany cannabis oil market?

 5) What are the modes of entering Germany cannabis oil market?