Latin America Cannabidiol Market Size & Outlook, 2023-2030
Related Markets
Latin America cannabidiol market highlights
- The Latin America cannabidiol market generated a revenue of USD 64.6 million in 2023.
- The market is expected to grow at a CAGR of 19.8% from 2024 to 2030.
- In terms of segment, hemp was the largest revenue generating product in 2023.
- Hemp is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
Market revenue in 2023 | USD 64.6 million |
Market revenue in 2030 | USD 229.3 million |
Growth rate | 19.8% (CAGR from 2023 to 2030) |
Largest segment | Hemp |
Fastest growing segment | Hemp |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hemp, Marijuana |
Key market players worldwide | Medical Marijuana Inc, Canopy Growth Corp, Elixinol Wellness Ltd Ordinary Shares, The Cronos Group, Isodiol International Inc, Endoca, Folium Biosciences, NuLeaf Naturals, PharmaHemp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 0.8% of the global cannabidiol market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 1,759.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Cannabidiol Market Scope
Cannabidiol Market Companies
Name | Profile | # Employees | HQ | Website |
---|---|---|---|---|
PharmaHemp | View profile | 51-100 | Ljubljana, Ljubljana Urban Commune, Slovenia, Europe | https://b2b.pharma-hemp.com |
NuLeaf Naturals | View profile | 51-100 | Denver, Colorado, United States, North America | https://nuleafnaturals.com/ |
Folium Biosciences | View profile | 101-250 | Colorado Springs, Colorado, United States, North America | https://foliumbiosciences.com/ |
Endoca | View profile | 1-10 | Hoofddorp, Noord-Holland, The Netherlands, Europe | https://www.endoca.com/pl |
Isodiol International Inc | View profile | 197 | 200 Granville Street, Suite 2710, Vancouver, BC, Canada, V6C 1S4 | https://www.isodiol.com |
Elixinol Wellness Ltd Ordinary Shares | View profile | - | 680 George Street, Level 12, Sydney, NSW, Australia, 2000 | https://www.elixinolwellness.com |
Medical Marijuana Inc | View profile | 85 | 2384 La Mirada Drive, Vista, CA, United States, 92081 | https://www.medicalmarijuanainc.com |
The Cronos Group | View profile | 1001-5000 | Kontich, Antwerpen, Belgium, Europe | https://cronos-groep.be/ |
Canopy Growth Corp | View profile | 1621 | 1 Hershey Drive, Smiths Falls, ON, Canada, K7A 0A8 | https://www.canopygrowth.com |
Latin America cannabidiol market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cannabidiol market will help companies and investors design strategic landscapes.
Hemp was the largest segment with a revenue share of 76.01% in 2023. Horizon Databook has segmented the Latin America cannabidiol market based on hemp, marijuana covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Cannabidiol Product Outlook (Revenue, USD Million, 2018-2030)
- Hemp
- Marijuana
- Latin America Cannabidiol Sale Type Outlook (Revenue, USD Million, 2018-2030)
- B2B
- wellness
- Food & Beverages
- Personal Care & Cosmetics
- Nutraceuticals
- Others
- Pharmaceuticals
- wellness
- B2C
- Personal Use
- Medical
- Cancer
- Others
- Mental Disorders
- Chronic Pain
- B2B
Reasons to subscribe to Latin America cannabidiol market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America cannabidiol market databook
-
Our clientele includes a mix of cannabidiol market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America cannabidiol market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America cannabidiol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America cannabidiol market size, by country, 2018-2030 (US$M)
Latin America Cannabidiol Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
No records
No related statistics found.
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more