🌿 Europe Legal Cannabis Market Expected to Witness Significant Growth Amid Rising Legalization and Medical Adoption by 2035

Author:
Shweta Raskar, Business Development Specialist, Prophecy Market Insights

Introduction

The Europe Legal Cannabis Market is experiencing transformative growth, fueled by increasing legalization across European nations, growing acceptance of cannabis for therapeutic use, and advancements in cannabis-based pharmaceutical products. As legal frameworks evolve and public awareness rises, Europe is emerging as a key frontier in the global cannabis industry.

📈 Key Highlights

• 📊 Market Size Projection: Expected to reach USD 107.0Billion by 2035, growing at a CAGR of 23.47 % from 2025 to 2035.
• 🧪 Driving Factors: Increasing medical applications, expanding CBD wellness sector, regulatory liberalization
• 🌍 Regional Outlook: Germany, Netherlands, Portugal, UK, and Switzerland leading the change
• 🔬 Applications: Medical, wellness, recreational use, and cannabis-derived pharmaceuticals

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🔬 Market Overview

As European countries continue to decriminalize and regulate the use of cannabis, the legal cannabis industry is experiencing a seismic shift. Medical cannabis has gained notable traction in Germany and the UK, while CBD-infused wellness products are penetrating mainstream consumer markets. Furthermore, investments in cultivation and R&D across Europe are laying a strong foundation for long-term industry growth.

Recent Developments

• 🇩🇪 Germany’s federal legislation in 2025 enabled over-the-counter cannabis sales for medical use.
• 🇨🇭 Switzerland expanded its pilot program for recreational cannabis sales.
• 💊 Cannabis-derived drug formulations continue gaining EMA approval.

Segmentation Overview

By Product Type: CBD oil, dried cannabis, capsules, tinctures, topical

• By Application: Medical, recreational, personal care & cosmetics, pharmaceuticals
• By Distribution Channel: Dispensaries, pharmacies, online platforms
• By Country: Germany, UK, France, Italy, Switzerland, Spain, Netherlands, Rest of Europe

🔎 Explore full insights, forecasts, and competitive analysis here:

https://www.prophecymarketinsights.com/market_insight/europe-legal-cannabis-market-5952

Analyst Insight

"The regulatory landscape is shifting rapidly. As governments recognize the medical and economic potential of legal cannabis, Europe is on a fast track to becoming a global hub for cannabis innovation and trade."
– Senior Analyst, Prophecy Market Insights

📎 Key Players

Aurora Cannabis Inc., Canopy Growth Corp., Tilray Brands Inc., GW Pharmaceuticals, Cronos Group, HEXO Corp, and others are actively expanding across European markets through partnerships, product launches, and strategic acquisitions.

🏢 About Us

Prophecy Market Insights is a leading market research and business consulting firm offering actionable intelligence across multiple industries, including healthcare, pharmaceuticals, biotechnology, and consumer wellness.