France Cannabis Cultivation Market Size & Outlook, 2022-2030
France Cannabis Cultivation Market, 2018-2030 (US$M)
Global Market
Related Markets
France cannabis cultivation market highlights
- The France cannabis cultivation market generated a revenue of USD 4,463.3 million in 2022 and is expected to reach USD 22,101.6 million by 2030.
- The France market is expected to grow at a CAGR of 22.1% from 2023 to 2030.
- In terms of segment, hemp was the largest revenue generating biomass in 2022.
- Hemp is the most lucrative biomass segment registering the fastest growth during the forecast period.
Cannabis cultivation market data book summary
| Market revenue in 2022 | USD 4,463.3 million |
| Market revenue in 2030 | USD 22,101.6 million |
| Growth rate | 22.1% (CAGR from 2022 to 2030) |
| Largest segment | Hemp |
| Fastest growing segment | Hemp |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hemp |
| Key market players worldwide | Canopy Growth Corp, Aurora Cannabis Inc, Tilray Brands Inc, The Cronos Group, OrganiGram Holdings Inc, Atlas Growers, CannTrust Holdings Inc, The Hydropothecary Corp, Cannabist Company Holdings Inc, Aurora Cannabis |
Other key industry trends
- In terms of revenue, France accounted for 1.1% of the global cannabis cultivation market in 2022.
- Country-wise, South Africa is expected to lead the global market in terms of revenue in 2030.
- In Europe, France cannabis cultivation market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,813.0 million by 2030.
While marijuana strictly remains illegal in France, hemp and hemp products are legalized in the country if the THC content is below or up to 0.2%. The country continues to be the dominant player in production of hemp and reportedly had 17,000 Hectare of area for its cultivation in 2017.
Increasing demand for hemp seeds and oil in processed foods & beverages due to their dietary advantages has contributed to the growth of cannabis cultivation market in France. Moreover, the consumption & demand for cannabis and its products in France is slightly lower than other European countries.
However, increase in awareness can lead to growth of cannabis market in the country. Furthermore, due to major players trying to enter the market and supportive reforms by the French government, the usage & awareness are likely to increase, which is expected to fuel the market growth over the forecast period.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
Cannabis Cultivation Market Scope
Cannabis Cultivation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Aurora Cannabis Inc | View profile | 1,130 | 3498 63 Avenue, Leduc, AB, Canada, T9E 0G8 | www.auroramj.com |
| Canopy Growth Corp | View profile | 1,621 | 1 Hershey Drive, Smiths Falls, ON, Canada, K7A 0A8 | www.canopygrowth.com |
| Tilray Brands Inc | View profile | 1,600 | 265 Talbot Street West, Leamington, ON, Canada, N8H 5L4 | www.tilray.com |
| The Cronos Group | View profile | 1001-5000 | Kontich, Antwerpen, Belgium, Europe | cronos-groep.be/ |
| OrganiGram Holdings Inc | View profile | 987 | 145 King Street West, Suite 1400, Toronto, ON, Canada, M5H 1J8 | www.organigram.ca |
| Atlas Growers | View profile | 11-50 | Edmonton, Alberta, Canada, North America | www.atlasgrowers.com |
| CannTrust Holdings Inc | View profile | 576 | 3280 Langstaff Road, Unit 1, Building 1, Vaughan, ON, Canada, L4K 4Z8 | www.canntrust.ca |
| The Hydropothecary Corp | View profile | 101-250 | Gatineau, Quebec, Canada, North America | thehydropothecary.com/ |
| Cannabist Company Holdings Inc | View profile | 2,221 | 680 Fifth Avenue, 24th Floor, New York, NY, United States, 10019 | cannabistcompany.com |
| Aurora Cannabis | View profile | 1001-5000 | Edmonton, Alberta, Canada, North America | auroramj.com |
France Cannabis Cultivation Market Outlook
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 Cannabis Cultivation Market Outlook will help companies and investors design strategic landscapes.
Hemp was the largest segment with a revenue share of 100.0% in 2022.
Horizon Databook has segmented the France cannabis cultivation market based on hemp covering the revenue growth of each sub-segment from 2018 to 2030.
While marijuana strictly remains illegal in France, hemp and hemp products are legalized in the country if the THC content is below or up to 0.2%. The country continues to be the dominant player in production of hemp and reportedly had 17,000 Hectare of area for its cultivation in 2017.
Increasing demand for hemp seeds and oil in processed foods & beverages due to their dietary advantages has contributed to the growth of cannabis cultivation market in France. Moreover, the consumption & demand for cannabis and its products in France is slightly lower than other European countries.
However, increase in awareness can lead to growth of cannabis market in the country. Furthermore, due to major players trying to enter the market and supportive reforms by the French government, the usage & awareness are likely to increase, which is expected to fuel the market growth over the forecast period.
- France Cannabis Cultivation Market Biomass Outlook (Revenue, USD Million , 2018-2030)
- Hemp
- Marijuana
- France Cannabis Cultivation Market Application Outlook (Revenue, USD Million , 2018-2030)
- Medical
- Adult Use
- Industrial
Reasons to subscribe to Cannabis Cultivation Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Cannabis Cultivation Market Outlook databook
- Our clientele includes a mix of Cannabis Cultivation Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the France Cannabis Cultivation Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into France Cannabis Cultivation Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
France Cannabis Cultivation Market, 2018-2030 (US$M)
France cannabis cultivation market statistics, by biomass, 2018-2030 (US$M)
