France Cannabis Pharmaceuticals Market Size & Outlook
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France cannabis pharmaceuticals market highlights
- The France cannabis pharmaceuticals market generated a revenue of USD 174.8 million in 2023 and is expected to reach USD 3,676.1 million by 2030.
- The France market is expected to grow at a CAGR of 54.5% from 2024 to 2030.
- In terms of segment, other brands 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 174.8 million |
| Market revenue in 2030 | USD 3,676.1 million |
| Growth rate | 54.5% (CAGR from 2023 to 2030) |
| Largest segment | Other brands |
| 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, France accounted for 5.1% 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 |
France 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.
Other brands was the largest segment with a revenue share of 54.52% in 2023. Horizon Databook has segmented the France cannabis pharmaceuticals market based on sativex, epidiolex, other brands covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing demand for cannabis and marijuana for medical purposes in the country, coupled with the rising prevalence of medical conditions such as epilepsy, multiple sclerosis, and cancer, is anticipated to boost the market growth in the coming years. Furthermore, increasing awareness and strategic initiatives by key players in the market are expected to propel market growth.
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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 France cannabis pharmaceuticals market , including forecasts for subscribers. This country databook contains high-level insights into France cannabis pharmaceuticals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France cannabis pharmaceuticals market size, by brand type, 2018-2030 (US$M)
France Cannabis Pharmaceuticals Market Outlook Share, 2023 & 2030 (US$M)
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