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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Latin America And Caribbean Hemp-Derived Cannabidiol Market Growth & Trends
The Latin America and Caribbean hemp-derived cannabidiol market size is estimated treach USD 524.39 million by 2030, expanding at a CAGR of 18.4% from 2025 t2030, according ta new report by Grand View Research, Inc. The LATAM and Caribbean regions have a huge potential tbecome the leader in hemp and cannabidiol space owing tthe vast agriculture industry, low labor, and construction costs. With the influx of foreign investors in the country, the hemp business is bound tflourish.
The legalization of cannabidiol for medicinal purposes is alsnot 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 t legalize the cultivation of hemp, due tthe increasing acceptance and the growing demand for the product.
Cannabidiol is not only used in medicines ttreat 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 alsfast becoming large consumers of cannabidiol-containing products. Hemp-based articles have alsbecome quite popular, be it cosmetics or fabrics, countries in this geography are alsbecoming a large consumer base for such commodities.
The hemp-derived CBD can be made intseveral 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 tthe 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 tthe increasing demand and the popularity of CBD-containing goods. Consumers dnot prefer CBD oil or isolates due ttheir taste, which can be consumed as additives in foods and beverages.
Colombia accounted for the largest revenue share in the region owing trecent legalizations for the cultivation of hemp. Growing popularity of the cannabidiol products is alsa key factor in the growth of this market, along with industrial license, personal cultivation of hemp with possession of marijuana up ta 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 tgrow at a steady pace.
Latin America And Caribbean Hemp-Derived Cannabidiol Market Report Highlights
Latin America And Caribbean Hemp-Derived Cannabidiol Market Growth & Trends
The Latin America and Caribbean hemp-derived cannabidiol market size is estimated treach USD 524.39 million by 2030, expanding at a CAGR of 18.4% from 2025 t2030, according ta new report by Grand View Research, Inc. The LATAM and Caribbean regions have a huge potential tbecome the leader in hemp and cannabidiol space owing tthe vast agriculture industry, low labor, and construction costs. With the influx of foreign investors in the country, the hemp business is bound tflourish.
The legalization of cannabidiol for medicinal purposes is alsnot 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 t legalize the cultivation of hemp, due tthe increasing acceptance and the growing demand for the product.
Cannabidiol is not only used in medicines ttreat 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 alsfast becoming large consumers of cannabidiol-containing products. Hemp-based articles have alsbecome quite popular, be it cosmetics or fabrics, countries in this geography are alsbecoming a large consumer base for such commodities.
The hemp-derived CBD can be made intseveral 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 tthe 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 tthe increasing demand and the popularity of CBD-containing goods. Consumers dnot prefer CBD oil or isolates due ttheir taste, which can be consumed as additives in foods and beverages.
Colombia accounted for the largest revenue share in the region owing trecent legalizations for the cultivation of hemp. Growing popularity of the cannabidiol products is alsa key factor in the growth of this market, along with industrial license, personal cultivation of hemp with possession of marijuana up ta 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 tgrow 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 tbe valued at USD 524.39 million by 2030, owing tincreasing legalization in the region
- Full spectrum products or Terpenes had the largest revenue share in the region due tcompounds in the products having high anti-inflammatory products
- Personal care and cosmetics in the end-use segment had the largest revenue share owing tthe growing popularity of cosmetic products containing cannabidiol and other derivatives
- Colombia had the largest revenue share in the region which has been due tthe fact that the government in the country has legalized all forms of marijuana and its derivatives
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
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
