CBD in France: A Market Analysis
France is one of the oldest and most ethnically diverse countries in the EU. It is a nation that has profoundly influenced human civilization through its culture, wine-making, philosophy, arts, music, and politics. It is also one of the most prospective markets for starting any business. Thus, considering France is a must if anyone wants to expand their CBD business in the EU.
France has been initially a bit reluctant to legalize it when it comes to CBD business. There is a cause for concern. France has a significant problem with illegal drugs, and French authorities were worried that CBD might somehow promote the use of illicit cannabis. However, finally, French authorities understand that it is not the case and CBD is a safe and beneficial health product.
First Off, Is CBD Legal in France?
Though there have been many ups and downs in the nation, CBD is finally completely legal in France and has very clear laws.
Like in many nations, the road to CBD legalization in France has not been smooth. France has been quite reluctant to allow broader use of CBD. Initially, it even disapproved of CBD import from other EU member states. Further, France has been slow to allow CBD sales in stores.
In 2019, when the European Commission regularized the CBD market by classifying it as a Novel Food, French authorities remained hesitant. As a result, some individuals got into trouble for importing CBD products. This led to prolonged lawsuits that CBD importers ultimately won. And finally, the highest court in France ruled that people can import and stores can legally sell CBD in the country.
Some of the lawsuits related to the actions of French authorities even reached the European Court, which ultimately helped legalize CBD not only in France but the rest of the EU zone. In addition, the European court ruled that French or other EU member states should not ban the import of CBD products that were legally produced in other member states.
So, now France is fully following the European Commission norms. It means that CBD oil for ingestion must get novel food authorization, and then it can be sold legally in the nation. Authorized or registered CBD products can be sold freely by the stores.
Here it is vital to understand that one can receive novel food authorization in France or even in other EU member states. This means almost no legal hurdles for CBD products legally produced in other EU nations.
When it comes to topical CBD products, they do not need novel food authorization. Similarly, hemp oil is not a novel food and can be readily imported and sold in the nation as a food product.
Can I Bring CBD Into France?
As already mentioned, one can bring CBD into France without any significant issues if the product has been legally produced in other EU member states.
Of course, the product must have undergone novel food authorization by the European Commission’s department of food safety and authority. If one is unsure about what novel food is, one can learn more about it on the website of the European Food Safety Authority (EFSA) website.
From a business point of view, getting this authorization is far easier if the product has been produced in EU nations. However, the procedure is much more complex for those making CBD products outside the EU zone, as there are more significant concerns about the safety and purity of such products.
For those looking to get into the CBD business in France quickly, white-label products from reputed European CBD manufacturers could be an excellent option. It is because such a manufacturer can provide all the necessary advice and documentation needed for the novel food authorization.
CBD Market Analysis: How Does the French Market Stack Up?
France is definitely one of the most attractive markets for healthcare products in the EU zone. If anyone is serious about doing CBD business, France should be on the top of their list. It is one of the biggest CBD markets in the region. Moreover, the acceptability of CBD products in France is excellent.
Although data regarding the CBD market size is still not very reliable, nonetheless, experts estimate that the total CBD market in France stood at about 131 million Euros in 2020. This makes France one of the largest CBD markets in the EU zone, perhaps only next to Germany.
At present French CBD market is dominated by ingestible CBD products, that is, CBD oil and CBD capsules. However, there is a significant market for vaping products, too.
France has dominated the global cosmetics market and fashion industry. Thus, though the CBD cosmetics market in the country is small, it may change considerably in the coming years.
Experts project that the French CBD market will grow at about 250% each year till 2030, which sounds fantastic. Moreover, there is a reason to believe that this trend will continue as France is a 2.5 trillion economy and has a population of above 60 million. Thus, it is one of the most perspective markets for CBD.
The Top 3 CBD Manufacturers in France
As now the legal status of CBD is clear in France, many companies are jumping into the CBD business in the nation. Some of the CBD producers in the countries are:
It is an organization that produces mostly THC-free CBD products. It has quite a diverse range of products, and the company focuses a lot on various health conditions like CBD for improving sleep, helping with menstruation pain pains, post-menopausal syndrome, and more. The company also produces products with added terpenes.
Yet another budding company with an excellent product range of CBD oil products comes in excellent packing.
Yes, we can help start a CBD business in France. We are based in Slovenia. However, Essentia Pura is a pan-European company with extensive experience in assisting businesses that want to enter the CBD business in any part of the world.
Essential Pura can help businesses of any size. We have our own in-house CBD extraction and CBD-based product manufacturing. However, we also produce CBD extraction machines and provide the necessary technology or expertise for startups.
If you are interested in starting a CBD business in France or any part of the world, just contact us.