The CBD market - Spain

CBD, or cannabidiol, is a molecule derived from hemp that differs from THC in that it has no psychoactive effect. Appreciated for its relaxing, anti-inflammatory and anxiolytic properties, CBD is used in a variety of sectors, including health, well-being, nutrition and cosmetics. Its legal framework is still evolving, but its commercialization is now authorized in many countries, subject to certain conditions. The global CBD market is growing rapidly, driven by increased consumer demand for natural products and alternatives to traditional medicines. Its sales are expected to record an average annual growth rate of 16.8% between 2021 and 2030, thanks to a diversification of uses (dietary supplements, oils, infusions, e-liquids...) and thegradual opening up of legislation. In Spain, the CBD market is booming, despite a still vague regulatory framework. More and more specialist stores are springing up in major cities, and CBD-based products are now available in pharmacies, parapharmacies and online. This growth is driven by increasing local demand, particularly among young adults and consumers looking for natural solutions to stress or chronic pain. A recent and promising trend in this market is the development of CBD-based cosmetics. These products, ranging from moisturizers to anti-aging serums, appeal for their natural image and supposed efficacy on the skin. Many brands are now banking on this innovation to differentiate themselves and meet the needs of customers who are increasingly concerned about the composition of their skincare products.