France Cannabidiol Market Size & Outlook, 2024-2030
The cannabidiol market in France is expected to reach a projected revenue of US$ 152.5 million by 2030. A compound annual growth rate of 22.6% is expected of France cannabidiol market from 2025 to 2030.
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France cannabidiol market highlights
The France cannabidiol market generated a revenue of USD 44.9 million in 2024 and is expected to reach USD 152.5 million by 2030.
The France market is expected to grow at a CAGR of 22.6% from 2025 to 2030.
In terms of segment, hemp was the largest revenue generating product in 2024.
Hemp is the most lucrative product segment registering the fastest growth during the forecast period.
Cannabidiol market data book summary
Market revenue in 2024
USD 44.9 million
Market revenue in 2030
USD 152.5 million
Growth rate
22.6% (CAGR from 2025 to 2030)
Largest segment
Hemp
Fastest growing segment
Hemp
Historical data
2018 - 2023
Base year
2024
Forecast period
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Hemp, Marijuana
Key market players worldwide
Medical Marijuana Inc, Canopy Growth Corp, Elixinol Wellness Ltd Ordinary Shares, The Cronos Group, Isodiol International Inc, Endoca, Folium Biosciences, NuLeaf Naturals, PharmaHemp
Other key industry trends
In terms of revenue, France accounted for 0.5% of the global cannabidiol market in 2024.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Europe, Netherlands cannabidiol market is projected to lead the regional market in terms of revenue in 2030.
Italy is the fastest growing regional market in Europe and is projected to reach USD 191.8 million by 2030.
France is one of Europe's biggest cannabis consumers, but the drug remains illegal in the country. Only medicinal products made from cannabis derivatives are permitted and are prescribed when all other treatments have failed. In March 2021, the National Agency for the Safety of Medicines and Health Products launched a nationwide scheme allowing up to 3,000 patients to access cannabis based treatment for five specific conditions for free, with a prescription.
The trial, which was extended to March 2024, has produced positive clinical data. Benjamin-Alexandre Jean roy, the Co-Founder and CEO of Augur Associates, spoke to Lorna Rothery about the challenges of medical cannabis legalization in France and the possibility of harmonizing the industry across Europe.
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 Cannabidiol Market Outlook will help companies and investors design strategic landscapes.
Hemp was the largest segment with a revenue share of 54.79% in 2024.
Horizon Databook has segmented the France cannabidiol market based on hemp, marijuana covering the revenue growth of each sub-segment from 2018 to 2030.
France is one of Europe's biggest cannabis consumers, but the drug remains illegal in the country. Only medicinal products made from cannabis derivatives are permitted and are prescribed when all other treatments have failed. In March 2021, the National Agency for the Safety of Medicines and Health Products launched a nationwide scheme allowing up to 3,000 patients to access cannabis based treatment for five specific conditions for free, with a prescription.
The trial, which was extended to March 2024, has produced positive clinical data. Benjamin-Alexandre Jean roy, the Co-Founder and CEO of Augur Associates, spoke to Lorna Rothery about the challenges of medical cannabis legalization in France and the possibility of harmonizing the industry across Europe.
France Cannabidiol Market Product Outlook (Revenue, USD Million , 2018-2030)
Hemp
Marijuana
France Cannabidiol Market Sale Type Outlook (Revenue, USD Million , 2018-2030)
B2B
B2C
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Horizon Databook provides a detailed overview of country-level data and insights on the France Cannabidiol Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into France Cannabidiol Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.