Brazil Cbd Oil & Cbd Consumer Health Market Size & Outlook
The cbd oil & cbd consumer health market in Brazil is expected to reach a projected revenue of US$ 1,761.5 million by 2030. A compound annual growth rate of 42% is expected of Brazil cbd oil & cbd consumer health market from 2025 to 2030.
In terms of revenue, Brazil accounted for 5.3% of the global cbd oil & cbd consumer health market in 2024.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Latin America, Mexico cbd oil & cbd consumer health market is projected to lead the regional market in terms of revenue in 2030.
Mexico is the fastest growing regional market in Latin America and is projected to reach USD 2,002.5 million by 2030.
Brazil has legalized use of Medicinal CBD oil since 2015 resulting in increasing demand for the product. The country is one of the top importer of CBD oil. Medical marijuana patients in Brazil must apply to ANVISA for individual permits, which have a maximum validity of a year but can be renewed. However, the use of CBD for recreational purpose is still illegal in the country.
Medical Marijuana, Inc. offers CBD based medical products through its subsidiary Hemp Meds Brazil. The product has approved by the Brazilian government for treatment for cancer. The country has previously approved the CBD product, called Real Scientific Hemp Oil (RSHO), for treatment of chronic pain, epilepsy, and Parkinson’s disease through as a prescription medication.
Brazil CBD Oil & CBD Consumer Health 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 CBD Oil & CBD Consumer Health Market Outlook will help companies and investors design strategic landscapes.
Cbd Infused Skincare Products was the largest segment with a revenue share of 56.46% in 2024.
Horizon Databook has segmented the Brazil cbd oil & cbd consumer health market based on cbd infused skincare products, cbd infused beauty products, cbd infused haircare products covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil has legalized use of Medicinal CBD oil since 2015 resulting in increasing demand for the product. The country is one of the top importer of CBD oil. Medical marijuana patients in Brazil must apply to ANVISA for individual permits, which have a maximum validity of a year but can be renewed. However, the use of CBD for recreational purpose is still illegal in the country.
Medical Marijuana, Inc. offers CBD based medical products through its subsidiary Hemp Meds Brazil. The product has approved by the Brazilian government for treatment for cancer. The country has previously approved the CBD product, called Real Scientific Hemp Oil (RSHO), for treatment of chronic pain, epilepsy, and Parkinson’s disease through as a prescription medication.
Brazil Cbd Oil & Cbd Consumer Health Market Product Outlook (Revenue, USD Million , 2018-2030)
CBD Infused Skincare Products
CBD Infused Beauty Products
CBD Infused Haircare Products
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil CBD Oil & CBD Consumer Health Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Brazil CBD Oil & CBD Consumer Health Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Brazil Cbd Oil Cbd Consumer Health Market, 2018-2030 (US$M)