Brazil Cannabis Market to 2032
Overview
The Brazil Cannabis Market is expected to reach a 67.61 USD Billion by 2032 and is projected to grow at a CAGR of 16.69% from 2025 to 2032.
Revenue, 2024 (USD Billion)
25.89
Forecast, 2032 (USD Billion)
67.61
CAGR, 2024 - 2032
16.69%
Report Coverage
Brazil
Brazil Cannabis Market 2018-2032 USD Billion
Brazil Cannabis Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 25.89 USD Billion
- Projected Market Size (2032): 67.61 USD Billion
- CAGR (2025-2032): 16.69%
Key Findings of Brazil Cannabis Market
- The Brazil Cannabis Market was valued at 25.89 USD Billion in 2024.
- The Brazil Cannabis Market is likely to grow at a CAGR of 16.69% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Cannabis Sativa in Crop Variety Segment accounted for the largest share of the market with a revenue of 25.89 USD Billion
- The fastest growing segment Buds in Product Type Segment grew Fastest with a CAGR of 18.03% during the forecast period from 2024 to 2032.
Brazil Cannabis Market Scope
Brazil Cannabis Market Segmentation & Scope
Distribution Channel
- Digital
- Others
- Physical
Crop Variety
- Others
- Cannabis Indica
- Cannabis Sativa
Usage
- Recretional
- Medical
Product Type
- Others
- Oil
- Tinctures
- Buds
Brazil Cannabis Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 25.89 USD Billion |
| Market Value in 2032 | 67.61 USD Billion |
| CAGR (2025-2032) | 16.69% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Channel,Crop Variety,Usage,Product Type |
Regional Insights:
-
Leading Market (2024-2032): Brazil, leading in terms of revenue 25.89 USD Billion in 2024
- Key Country: Brazil, leading in terms of revenue with value of 25.89 USD Billion in 2024.
Segments and Scope
-
Brazil Cannabis Market to 2032, By Distribution Channel
- Physical is the largest segment in Brazil Cannabis Market to 2032 with a revenue of 24.84 USD Billion in the year 2024.
- Physical is the Fastest growing segment in Brazil Cannabis Market to 2032 with a Growth rate of 17.00 % in forecast period 2025-2032.
-
Brazil Cannabis Market to 2032, By Crop Variety
- Cannabis Sativa is the largest segment in Brazil Cannabis Market to 2032 with a revenue of 25.89 USD Billion in the year 2024.
- Cannabis Sativa is the Fastest growing segment in Brazil Cannabis Market to 2032 with a Growth rate of 16.69 % in forecast period 2025-2032.
-
Brazil Cannabis Market to 2032, By Usage
- Medical is the largest segment in Brazil Cannabis Market to 2032 with a revenue of 25.89 USD Billion in the year 2024.
- Medical is the Fastest growing segment in Brazil Cannabis Market to 2032 with a Growth rate of 16.69 % in forecast period 2025-2032.
-
Brazil Cannabis Market to 2032, By Product Type
- Buds is the largest segment in Brazil Cannabis Market to 2032 with a revenue of 15.94 USD Billion in the year 2024.
- Buds is the Fastest growing segment in Brazil Cannabis Market to 2032 with a Growth rate of 18.03 % in forecast period 2025-2032.
Brazil Cannabis Market Company Share Analysis
| Company Name |
|
||
| Tilray | |||
| Canopy Growth Corporation | |||
| Aurora Cannabis | |||
| The Scotts Company LLC | |||
| The Cronos Group | |||
Brazil Cannabis Market Geographical Sales Distribution, 2018-2032 USD Billion
Brazil Cannabis Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Brazil Cannabis Market is segmented based on Segmentation Distribution Channel,Crop Variety,Usage,Product Type.
Brazil Cannabis Market was valued at USD 25.89(Revenue in USD Billion) in 2022.
Brazil Cannabis Market is projected to grow at a CAGR of 16.69% during the forecast period of 2024 to 2032.
The Cannabis Sativa segment is expected to dominate the Brazil Cannabis Market, holding a largest market share of 25.89 USD Billion in 2024
Brazil Cannabis Market Scope
Brazil Cannabis Market Segmentation & Scope
Distribution Channel
- Digital
- Others
- Physical
Crop Variety
- Others
- Cannabis Indica
- Cannabis Sativa
Usage
- Recretional
- Medical
Product Type
- Others
- Oil
- Tinctures
- Buds
Frequently Asked Questions
The Brazil Cannabis Market is segmented based on Segmentation Distribution Channel,Crop Variety,Usage,Product Type.
Brazil Cannabis Market was valued at USD 25.89(Revenue in USD Billion) in 2022.
Brazil Cannabis Market is projected to grow at a CAGR of 16.69% during the forecast period of 2024 to 2032.
The estimated market value of the Brazil Cannabis Market for final year is USD 67.61 (USD Billion).
Brazil Cannabis Market Company Profiling
Frequently Asked Questions
The Brazil Cannabis Market is segmented based on Segmentation Distribution Channel,Crop Variety,Usage,Product Type.
Brazil Cannabis Market was valued at USD 25.89(Revenue in USD Billion) in 2022.
Brazil Cannabis Market is projected to grow at a CAGR of 16.69% during the forecast period of 2024 to 2032.
The estimated market value of the Brazil Cannabis Market for final year is USD 67.61 (USD Billion).
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