Croatia Cannabis Pharmaceuticals Market Size & Outlook
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Croatia cannabis pharmaceuticals market highlights
- The Croatia cannabis pharmaceuticals market generated a revenue of USD 10.9 million in 2023 and is expected to reach USD 175.7 million by 2030.
- The Croatia market is expected to grow at a CAGR of 48.8% from 2024 to 2030.
- In terms of segment, epidiolex was the largest revenue generating brand type in 2023.
- Other Brands is the most lucrative brand type segment registering the fastest growth during the forecast period.
Cannabis pharmaceuticals market data book summary
| Market revenue in 2023 | USD 10.9 million |
| Market revenue in 2030 | USD 175.7 million |
| Growth rate | 48.8% (CAGR from 2023 to 2030) |
| Largest segment | Epidiolex |
| Fastest growing segment | Other Brands |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sativex, Epidiolex, Other Brands |
| Key market players worldwide | Jazz Pharmaceuticals PLC, AbbVie Inc, Insys Therapeutics, Bausch Health Companies Inc |
Other key industry trends
- In terms of revenue, Croatia accounted for 0.3% of the global cannabis pharmaceuticals market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany cannabis pharmaceuticals market is projected to lead the regional market in terms of revenue in 2030.
- Netherlands is the fastest growing regional market in Europe and is projected to reach USD 1,322.6 million by 2030.
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Cannabis Pharmaceuticals Market Scope
Cannabis Pharmaceuticals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jazz Pharmaceuticals PLC | View profile | 2800 | Waterloo Road, Fifth Floor, Waterloo Exchange, Dublin, Ireland, D04 E5W7 | https://www.jazzpharmaceuticals.com |
| Insys Therapeutics | View profile | 501-1000 | Chandler, Arizona, United States, North America | http://www.insysrx.com |
| Bausch Health Companies Inc | View profile | 20270 | 2150 Saint Elzear Boulvard West, Laval, QC, Canada, H7L 4A8 | https://www.bauschhealth.com |
| AbbVie Inc | View profile | 50000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | http://www.abbvieinvestor.com |
Croatia cannabis pharmaceuticals 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 pharmaceuticals market will help companies and investors design strategic landscapes.
Epidiolex was the largest segment with a revenue share of 57.8% in 2023. Horizon Databook has segmented the Croatia cannabis pharmaceuticals market based on sativex, epidiolex, other brands covering the revenue growth of each sub-segment from 2018 to 2030.
The country legalized medical marijuana in 2015 and implemented a medical cannabis program to provide access to patients suffering from cancer tumors, AIDS, epilepsy, multiple sclerosis, and other conditions.
Furthermore, as per medical marijuana law in the country, patients are not allowed to smoke weed but can administer it in oil, ointment, edibles, or beverages to alleviate pain. Hence, the country started importing medical cannabis products from European and North American countries to meet the needs of patients.
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Target buyers of Croatia cannabis pharmaceuticals market databook
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Our clientele includes a mix of cannabis pharmaceuticals market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 Croatia cannabis pharmaceuticals market , including forecasts for subscribers. This country databook contains high-level insights into Croatia cannabis pharmaceuticals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Croatia cannabis pharmaceuticals market size, by brand type, 2018-2030 (US$M)
Croatia Cannabis Pharmaceuticals Market Outlook Share, 2023 & 2030 (US$M)
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