Europe Cannabis Extract Machine Market was valued at USD 0.3 Billion in 2022 and is projected to reach USD 1.6 Billion by 2030, growing at a CAGR of 21.2% from 2024 to 2030.
The European cannabis extract market is experiencing remarkable growth, propelled by increasing legalization and demand for medicinal cannabis products. In 2023, the market generated revenues of approximately USD 427.2 million and is projected to expand at a Compound Annual Growth Rate (CAGR) of 21.3% from 2024 to 2030. citeturn0search0
**Market Segmentation and Growth Drivers**
Product Types: Oils emerged as the leading revenue-generating segment in 2023 and are expected to maintain the fastest growth rate during the forecast period.
Geographical Insights: Switzerland is anticipated to register the highest CAGR from 2024 to 2030, reflecting a robust market for cannabis extracts.
Regulatory Landscape: The gradual legalization of medicinal cannabis across various European countries has significantly reduced stigma and bolstered market growth. citeturn0search12
Therapeutic Demand: An increasing number of patients are turning to cannabis extracts for treating conditions such as chronic pain, anxiety, and cancer, further driving market expansion. citeturn0search8
**Industry Requirements and Technological Considerations**
The burgeoning demand for cannabis extracts necessitates advanced extraction technologies. Industries are actively seeking equipment that offers efficiency, scalability, and compliance with stringent regulatory standards. This has led to a surge in investments in extraction technologies, with the global cannabis extraction equipment market projected to grow from USD 11 billion in 2024 to USD 38.81 billion by 2032, at a CAGR of 15.04%. citeturn0search2
**Interconnection with Optical Transceiver Markets**
The expansion of data-driven sectors, including those supporting cannabis extract industries, has heightened the need for high-speed data transmission. The global optical transceiver market, crucial for data center interconnections, is projected to grow from USD 13.6 billion in 2024 to USD 25.0 billion by 2029, at a CAGR of 13.0%. citeturn0search9 This growth underscores the importance of reliable and fast data communication infrastructures in supporting industries like cannabis extraction.
**Conclusion**
The European cannabis extract market is on an upward trajectory, driven by favorable regulations, therapeutic demand, and technological advancements in extraction processes. This growth is intricately linked to the broader technological landscape, including the expansion of high-speed data transmission networks essential for modern industrial operations.
Get an In-Depth Research Analysis of the Europe Cannabis Extract Machine Market Size And Forecast [2025-2032]
Precision
Capna Systems
Eden Labs
Apeks Supercritical
extraktLAB
Cedarstone Industry
MediPharm Lab
Integrated Extraction
Dragonfly Technologies
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Cannabis Extract Machine Market
Solvent Extraction
CO2 Extraction
Cold Press Extraction
Steam Distillation
Others
Oil Extracts
Waxes
Resins
Powders
Cannabinoid Isolates
Medical
Recreational
Culinary
Cosmetic
Industrial
Industrial Manufacturers
Pharmaceutical Companies
Cosmetics Brands
Food and Beverage Companies
Research Institutions
Marijuana
Hemp
Hybrid Strains
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe Cannabis Extract Machine Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Cannabis Extract Machine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Cannabis Extract Machine Market, By Type
6. Europe Cannabis Extract Machine Market, By Application
7. Europe Cannabis Extract Machine Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Cannabis Extract Machine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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