The EU has an active hemp market, with production in most member nations. In recent years the area dedicated to hemp cultivation has increased significantly in the EU from 20,540 hectares (ha) in 2015 to 33,020 ha in 2022 (a 60% increase). In the same period, the production of hemp increased from 97,130 tonnes to 179,020 tonnes (a 84.3% increase). France is the largest producer, accounting for more than 60% of EU production, followed by Germany (17%) and the Netherlands (5%).

The market for industrial hemp in Europe accounted for a revenue share of 22.2% in 2019, or about €1 billion, on account of its use in automotive parts, construction materials, textiles, and fabrics in the form of fibers. The value of all hemp-based product markets combined (CBD, hemp bioplastics, insulation, hemp concrete and other) in Europe was estimated at €1.62 billion in 2020, increasing to €6.3 and €8.8 billion in 2025 and 2030 respectively.

European Hemp CBD Market, Legalization and Opportunities

As detailed in IHS Markit’s latest release, the total EU CBD market value is estimated at €1.6 billion in 2020 and it is projected to grow at a combined annual growth rate (CAGR) of 18.5%, to reach €8.7 billion by 2030.  The two biggest markets for CBD are Germany and the United Kingdom (U.K.), representing around €350 million and €330 million.  By 2030, the research firm expects spending in Germany and the UK to grow to €1.95 billion and €1.82 billion, respectfully.

Europe Hemp CBD Business Plan Sample. Table of Contents.


EXECUTIVE SUMMARY
  • Project Scope

  • Market Opportunities

  • Start-up Summary

  • Financial Projections

COMPANY DESCRIPTION
PROJECT SCOPE
  • Mission/Vision/Goal

  • Objectives

  • Products & Services

  • Key Markets

MARKET OVERVIEW
  • Global Market Overview

  • European Hemp CBD Industry

  • Competitive Advantages

  • Hemp CBD Market Projections and Perspectives

  • SWOT Analyses

STRATEGY & IMPLEMENTATION
  • Marketing Plan

  • Launching Strategy

  • Sales Forecast

 

OPERATIONAL PLAN
  • Location/Facilities

  • Cultivation Method/Equipment

  • Extraction Method/Equipment

  • Physical Security Plan

  • Packaging and Labeling

  • Transportation

  • Tracking Solution

ORGANISATIONAL STRUCTURE & MANAGEMENT
FINANCIAL PROJECTIONS
  • Direct and Operational Costs

  • Profit & Loss Forecast

  • Cash Flow Statement

  • Balance Sheet

  • Main Ratios

  • Funding Analyses

APPENDICES
  • Income Statements, monthly

  • Cash Flow Statements, monthly

  • Floor Plans

Europe Hemp CBD Business Plan Sample

Europe Hemp CBD Business Plan Sample

Europe Hemp CBD Pitch Deck Sample

Europe Hemp CBD Business Plan Sample

We offer professional hemp CBD business plan templates, including pro forma financials and projections to help you know how much money it will cost to start your business and how much money you can make by starting and operating your 100% legally compliant hemp/CBD business. The Hemp CBD Business Plan Template includes:

  • Excel financial model that you will be able to edit and customize according to your business needs

  • Word business plan document template, open and editable

  • PowerPoint pitch deck template, open and editable

  • Unlimited support (email)

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Cannabis business plan templates for other countries are available at cannabusinessplans.com.