Germany Cannabis Oil Market: Prospects, Trends Analysis, Market Size and Forecasts up to 2025
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Published : December, 2020
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Rep Id : GE000668
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No. of Pages : 80
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Country : Germany
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Status : Published
This report provides exclusive insights into the COVID-19 impact on the Germany Cannabis Oil Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends, and forecasts of the Germany Cannabis Oil Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Germany Cannabis Oil Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
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
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· Organic Cannabis Oil
Segmentation Based on
Application
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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?