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PUBLISHER: Grand View Research | PRODUCT CODE: 1609625

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PUBLISHER: Grand View Research | PRODUCT CODE: 1609625

Latin America And Caribbean Hemp-Derived Cannabidiol Market Size, Share & Trends Analysis Report By Product (Personal Care And Cosmetics, Nutraceuticals), By End Use, And Segment Forecasts, 2025 - 2030

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Description

Table of Contents

List of Tables

Latin America And Caribbean Hemp-Derived Cannabidiol Market Growth & Trends:

The Latin America and Caribbean hemp-derived cannabidiol market size is estimated to reach USD 524.39 million by 2030, expanding at a CAGR of 18.4% from 2025 to 2030, according to a new report by Grand View Research, Inc. The LATAM and Caribbean regions have a huge potential to become the leader in hemp and cannabidiol space owing to the vast agriculture industry, low labor, and construction costs. With the influx of foreign investors in the country, the hemp business is bound to flourish.

The legalization of cannabidiol for medicinal purposes is also not on the same level throughout the region. Varying degrees of legalization across the countries within the region, some nations like Uruguay have legalized recreational use of marijuana, whereas in some countries like Venezuela and Guyana, utilization of marijuana, including cannabidiol for the medical purposes, is illegal.

In the countries where CBD is legal and imported from other countries against the prescriptions only, the governments in these countries are adopting to legalize the cultivation of hemp, due to the increasing acceptance and the growing demand for the product.

Cannabidiol is not only used in medicines to treat chronic ailments but in cosmetics and beauty goods as well. Plant-based products are gaining traction throughout the world and the LATAM and Caribbean countries are also fast becoming large consumers of cannabidiol-containing products. Hemp-based articles have also become quite popular, be it cosmetics or fabrics, countries in this geography are also becoming a large consumer base for such commodities.

The hemp-derived CBD can be made into several preparations, out of which full-spectrum products or terpenes account for the largest revenue share. Terpenes contain compounds that have high anti-inflammatory properties, which is more effective than the ones containing only CBD. The personal use and cosmetic care sub-segment had the largest revenue share in the end-user segment, owing to the growing demand for OTC cosmetic products which are now readily available in the market.

The fastest-growing sub-segment was the food and beverages sub-segment, owing to the increasing demand and the popularity of CBD-containing goods. Consumers do not prefer CBD oil or isolates due to their taste, which can be consumed as additives in foods and beverages.

Colombia accounted for the largest revenue share in the region owing to recent legalizations for the cultivation of hemp. Growing popularity of the cannabidiol products is also a key factor in the growth of this market, along with industrial license, personal cultivation of hemp with possession of marijuana up to a certain limit has been legitimized by the government. The fastest growth was registered in Mexico, where the demand for CBD products has been gaining a lot of popularity and with a growing consumer base, the market is forecasted to grow at a steady pace.

Latin America And Caribbean Hemp-Derived Cannabidiol Market Report Highlights:

  • Latin America and Caribbean hemp derived cannabidiol market size is expected to be valued at USD 524.39 million by 2030, owing to increasing legalization in the region
  • Full spectrum products or Terpenes had the largest revenue share in the region due to compounds in the products having high anti-inflammatory products
  • Personal care and cosmetics in the end-use segment had the largest revenue share owing to the growing popularity of cosmetic products containing cannabidiol and other derivatives
  • Colombia had the largest revenue share in the region which has been due to the fact that the government in the country has legalized all forms of marijuana and its derivatives
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Product Code: GVR-4-68039-922-6

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
    • 1.1.1. Segment scope
    • 1.1.2. Regional scope
    • 1.1.3. Estimates and forecast timeline
  • 1.2. Research Methodology
  • 1.3. Information Procurement
    • 1.3.1. Purchased database
    • 1.3.2. GVR's internal database
    • 1.3.3. Secondary sources
    • 1.3.4. Primary research
    • 1.3.5. Details of primary research
  • 1.4. Information or Data Analysis
    • 1.4.1. Data analysis models
  • 1.5. Market Formulation & Validation
  • 1.6. Model Details
  • 1.7. Research Assumptions
  • 1.8. List of Secondary Sources
  • 1.9. List of Primary Sources

Chapter 2. Executive Summary

  • 2.1. Market Outlook
  • 2.2. Segment Outlook
    • 2.2.1. Product outlook
    • 2.2.2. End Use outlook
    • 2.2.3. Regional outlook
  • 2.3. Competitive Insights

Chapter 3. Latin America And Caribbean Hemp-Derived CBD Market Variables, Trends & Scope

  • 3.1. Market Lineage Outlook
    • 3.1.1. Parent market outlook
    • 3.1.2. Ancillary market outlook
  • 3.2. Market Dynamics
    • 3.2.1. Market driver analysis
    • 3.2.2. Market restraint analysis
  • 3.3. Latin America And Caribbean Hemp-Derived CBD: Market Analysis Tools
    • 3.3.1. Industry Analysis - Porter's
    • 3.3.2. PESTLE Analysis
  • 3.4. Regulatory Framework Analysis
  • 3.5. Trade Route Analysis

Chapter 4. Latin America And Caribbean Hemp-Derived CBD Market Segment Analysis, By Product, 2018 - 2030 (USD Million)

  • 4.1. Definition and Scope
  • 4.2. Product Market Share Analysis, 2024 & 2030
  • 4.3. Segment Dashboard
  • 4.4. Latin America And Caribbean Hemp-Derived CBD Market, by Product, 2018 to 2030
  • 4.5. Isolates or Pure CBD Extract
    • 4.5.1. Isolates or Pure CBD Extract market estimates and forecasts, 2018 to 2030 (USD Million)
  • 4.6. Broad Spectrum or Distillates
    • 4.6.1. Broad Spectrum or Distillates market estimates and forecasts, 2018 to 2030 (USD Million)
  • 4.7. Full Spectrum or Terpenes
    • 4.7.1. Full Spectrum or Terpenes market estimates and forecasts, 2018 to 2030 (USD Million)
  • 4.8. Others
    • 4.8.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)

Chapter 5. Latin America And Caribbean Hemp-Derived CBD Market Segment Analysis, By End Use, 2018 - 2030 (USD Million)

  • 5.1. Definition and Scope
  • 5.2. End Use Market Share Analysis, 2024 & 2030
  • 5.3. Segment Dashboard
  • 5.4. Latin America And Caribbean Hemp-Derived CBD Market, by End Use, 2018 to 2030
  • 5.5. Personal Care and Cosmetics
    • 5.5.1. Personal Care and Cosmetics market estimates and forecasts, 2018 to 2030 (USD million)
  • 5.6. Food and Beverages
    • 5.6.1. Food and Beverages market estimates and forecasts, 2018 to 2030 (USD Million)
  • 5.7. Nutraceuticals
    • 5.7.1. Nutraceuticals market estimates and forecasts, 2018 to 2030 (USD Million)
  • 5.8. Others
    • 5.8.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)

Chapter 6. Latin America And Caribbean Hemp-Derived CBD Market Segment Analysis, By Region, 2018 - 2030 (USD Million)

  • 6.1. Regional Market Share Analysis, 2024 & 2030
  • 6.2. Regional Market Dashboard
  • 6.3. Regional Market Snapshot
  • 6.4. Latin America And Caribbean Hemp-Derived CBD Market Share by Region, 2024 & 2030:
  • 6.5. Latin America
    • 6.5.1. Latin America Latin America And Caribbean hemp-derived CBD market, 2018 - 2030 (USD Million)
    • 6.5.2. Brazil
      • 6.5.2.1. Brazil Latin America And Caribbean hemp-derived CBD market, 2018 - 2030 (USD Million)
    • 6.5.3. Mexico
      • 6.5.3.1. Mexico Latin America And Caribbean hemp-derived CBD market, 2018 - 2030 (USD Million)
    • 6.5.4. Colombia
      • 6.5.4.1. Colombia Latin America And Caribbean hemp-derived CBD market, 2018 - 2030 (USD Million)
    • 6.5.5. Peru
      • 6.5.5.1. Peru Latin America And Caribbean hemp-derived CBD market, 2018 - 2030 (USD Million)
    • 6.5.6. Puerto Rico
      • 6.5.6.1. Puerto Rico Latin America And Caribbean hemp-derived CBD market, 2018 - 2030 (USD Million)
    • 6.5.7. Aruba
      • 6.5.7.1. Aruba Latin America And Caribbean hemp-derived CBD market, 2018 - 2030 (USD Million)
    • 6.5.8. Barbados
      • 6.5.8.1. Barbados Latin America And Caribbean hemp-derived CBD market, 2018 - 2030 (USD Million)
    • 6.5.9. Barbados
      • 6.5.9.1. Barbados Latin America And Caribbean hemp-derived CBD market, 2018 - 2030 (USD Million)
    • 6.5.10. Bermuda
      • 6.5.10.1. Bermuda Latin America And Caribbean hemp-derived CBD market, 2018 - 2030 (USD Million)

Chapter 7. Competitive Landscape

  • 7.1. Recent Developments & Impact Analysis, By Key Market Participants
  • 7.2. Company Categorization
  • 7.3. Company Profiles
    • 7.3.1. Khiron Life Sciences Corp
      • 7.3.1.1. Company overview
      • 7.3.1.2. Financial performance
      • 7.3.1.3. Product benchmarking
      • 7.3.1.4. Strategic initiatives
    • 7.3.2. CBD Life
      • 7.3.2.1. Company overview
      • 7.3.2.2. Financial performance
      • 7.3.2.3. Product benchmarking
      • 7.3.2.4. Strategic initiatives
    • 7.3.3. Remederi
      • 7.3.3.1. Company overview
      • 7.3.3.2. Financial performance
      • 7.3.3.3. Product benchmarking
      • 7.3.3.4. Strategic initiatives
    • 7.3.4. Pharmin
      • 7.3.4.1. Company overview
      • 7.3.4.2. Financial performance
      • 7.3.4.3. Product benchmarking
      • 7.3.4.4. Strategic initiatives
    • 7.3.5. Elixinol
      • 7.3.5.1. Company overview
      • 7.3.5.2. Financial performance
      • 7.3.5.3. Product benchmarking
      • 7.3.5.4. Strategic initiatives
    • 7.3.6. Isodiol International Inc.
      • 7.3.6.1. Company overview
      • 7.3.6.2. Financial performance
      • 7.3.6.3. Product benchmarking
      • 7.3.6.4. Strategic initiatives
    • 7.3.7. LEEF Organics
      • 7.3.7.1. Company overview
      • 7.3.7.2. Financial performance
      • 7.3.7.3. Product benchmarking
      • 7.3.7.4. Strategic initiatives
    • 7.3.8. CBD Skincare Company
      • 7.3.8.1. Company overview
      • 7.3.8.2. Financial performance
      • 7.3.8.3. Product benchmarking
      • 7.3.8.4. Strategic initiatives
    • 7.3.9. ENDOCA
      • 7.3.9.1. Company overview
      • 7.3.9.2. Financial performance
      • 7.3.9.3. Product benchmarking
      • 7.3.9.4. Strategic initiatives
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Product Code: GVR-4-68039-922-6

List of Tables

  • Table 1 List of secondary sources
  • Table 2 List of abbreviations
  • Table 3 Latin America and Caribbean Hemp-Derived CBD Market, By Country, 2018 - 2030 (USD Million)
  • Table 4 Latin America and Caribbean Hemp-Derived CBD Market, By Product, 2018 - 2030 (USD Million)
  • Table 5 Latin America and Caribbean Hemp-Derived CBD Market, By End Use, 2018 - 2030 (USD Million)
  • Table 6 Brazil Hemp-Derived CBD Market, By Product, 2018 - 2030 (USD Million)
  • Table 7 Brazil Hemp-Derived CBD Market, By End Use, 2018-2030 (USD Million)
  • Table 8 Mexico Hemp-Derived CBD Market, By Product, 2018 - 2030 (USD Million)
  • Table 9 Mexico Hemp-Derived CBD Market, By End Use, 2018-2030 (USD Million)
  • Table 10 Colombia Hemp-Derived CBD Market, By Product, 2018 - 2030 (USD Million)
  • Table 11 Colombia Hemp-Derived CBD Market, By End Use, 2018-2030 (USD Million)
  • Table 12 Peru Hemp-Derived CBD Market, By Product, 2018 - 2030 (USD Million)
  • Table 13 Peru Hemp-Derived CBD Market, By End Use, 2018-2030 (USD Million)
  • Table 14 Puerto Rico Hemp-Derived CBD Market, By Product, 2018 - 2030 (USD Million)
  • Table 15 Puerto Rico Hemp-Derived CBD Market, By End Use, 2018-2030 (USD Million)
  • Table 16 Aruba Hemp-Derived CBD Market, By Product, 2018 - 2030 (USD Million)
  • Table 17 Aruba Hemp-Derived CBD Market, By End Use, 2018-2030 (USD Million)
  • Table 18 Barbados Hemp-Derived CBD Market, By Product, 2018 - 2030 (USD Million)
  • Table 19 Barbados Hemp-Derived CBD Market, By End Use, 2018-2030 (USD Million)
  • Table 20 Jamaica Hemp-Derived CBD Market, By Product, 2018 - 2030 (USD Million)
  • Table 21 Jamaica Hemp-Derived CBD Market, By End Use, 2018-2030 (USD Million)
  • Table 22 Bermuda Hemp-Derived CBD Market, By Product, 2018 - 2030 (USD Million)
  • Table 23 Bermuda Hemp-Derived CBD Market, By End Use, 2018-2030 (USD Million)

List of Figures

  • Fig. 1 Market research process
  • Fig. 2 Data triangulation techniques
  • Fig. 3 Primary research pattern
  • Fig. 4 Market research approaches
  • Fig. 5 Value-chain-based sizing & forecasting
  • Fig. 6 QFD modeling for market share assessment
  • Fig. 7 Market formulation & validation
  • Fig. 8 Latin America And Caribbean hemp-derived CBD market: outlook
  • Fig. 9 Latin America And Caribbean hemp-derived CBD competitive insights
  • Fig. 10 Ancillary market outlook
  • Fig. 11 Latin America And Caribbean hemp-derived CBD market driver impact
  • Fig. 12 Latin America And Caribbean hemp-derived CBD market restraint impact
  • Fig. 13 Porter's Analysis
  • Fig. 14 PESTLE Analysis
  • Fig. 15 Latin America And Caribbean hemp-derived CBD market: Product movement analysis
  • Fig. 16 Latin America And Caribbean hemp-derived CBD market: Product outlook and key takeaways
  • Fig. 17 Isolates or Pure CBD Extract market estimates and forecast, 2018 - 2030
  • Fig. 18 Broad Spectrum or Distillates market estimates and forecast, 2018 - 2030
  • Fig. 19 Full Spectrum or Terpenes market estimates and forecast, 2018 - 2030
  • Fig. 20 Others market estimates and forecast, 2018 - 2030
  • Fig. 21 Latin America And Caribbean hemp-derived CBD market: End Use movement analysis
  • Fig. 22 Latin America And Caribbean hemp-derived CBD market: End Use outlook and key takeaways
  • Fig. 23 Personal care and cosmetics market estimates and forecasts, 2018 - 2030
  • Fig. 24 Food and beverages market estimates and forecasts,2018 - 2030
  • Fig. 25 Nutraceuticals market estimates and forecasts,2018 - 2030
  • Fig. 26 Others market estimates and forecast, 2018 - 2030
  • Fig. 27 Latin America And Caribbean hemp-derived CBD market: Regional movement analysis
  • Fig. 28 Latin America And Caribbean hemp-derived CBD market: Regional outlook and key takeaways
  • Fig. 29 Latin America And Caribbean hemp-derived CBD market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 30 Key country dynamics
  • Fig. 31 Brazil hemp-derived CBD market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 32 Key country dynamics
  • Fig. 33 Mexico hemp-derived CBD market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 34 Key country dynamics
  • Fig. 35 Colombia hemp-derived CBD market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 36 Key country dynamics
  • Fig. 37 Peru hemp-derived CBD market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 38 Key country dynamics
  • Fig. 39 Puerto Rico hemp-derived CBD market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 40 Key country dynamics
  • Fig. 41 Aruba hemp-derived CBD market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 42 Key country dynamics
  • Fig. 43 Barbados hemp-derived CBD market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 44 Key country dynamics
  • Fig. 45 Jamaica hemp-derived CBD market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 46 Key country dynamics
  • Fig. 47 Bermuda hemp-derived CBD market estimates and forecasts, 2018 - 2030 (USD Million)
  • Fig. 48 Key company categorization
  • Fig. 49 Heat map analysis 2024
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