The EU has an active hemp market, with production in most member nations. Production is centered in France, the Netherlands, Lithuania, and Romania. France is the main producer of hemp, accounting for almost 50% of Europe’s total production. Baltic area has rapidly emerged to become the region’s second biggest hemp grower.
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.
Within Europe, select countries have a more profound impact on the CBD market. For instance, Switzerland legally permits the sale, possession, and consumption of both legal and recreational CBD with a THC content as high as 1.0 %. Furthermore, CBD products are available for purchase in tobacco shops. As a result, the softening of THC limitations and ease of consumer access makes Switzerland one of the biggest European players within the CBD market.
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
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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