Mexico CBD Market to 2032
Overview
The Mexico CBD Market is expected to reach a 1,033.37 USD Million by 2032 and is projected to grow at a CAGR of 28.11% from 2025 to 2032.
Revenue, 2024 (USD Million)
214.51
Forecast, 2032 (USD Million)
1,033.37
CAGR, 2024 - 2032
28.11%
Report Coverage
Mexico
Mexico CBD Market 2018-2032 USD Million
Mexico CBD Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 214.51 USD Million
- Projected Market Size (2032): 1,033.37 USD Million
- CAGR (2025-2032): 28.11%
Key Findings of Mexico CBD Market
- The Mexico CBD Market was valued at 214.51 USD Million in 2024.
- The Mexico CBD Market is likely to grow at a CAGR of 28.11% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Organic in Nature Segment accounted for the largest share of the market with a revenue of 159.35 USD Million
- The fastest growing segment Therapeutic Grade in Grade Segment grew Fastest with a CAGR of 31.41% during the forecast period from 2024 to 2032.
Mexico CBD Market Scope
Mexico CBD Market Segmentation & Scope
Nature
- Inorganic
- Organic
Grade
- Therapeutic Grade
- Food Grade
Application
- Others
- Topicals
- Beverages
- Dietary Supplements
- Pharmaceuticals
- Food
- Tincture
Product Type
- Others
- Cannabidiol (CBD) Concentrates
- Cannabidiol (CBD) Isolates
- Cannabidiol (CBD) Oil
Source
- Marijuana
- Hemp
Mexico CBD Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 214.51 USD Million |
| Market Value in 2032 | 1,033.37 USD Million |
| CAGR (2025-2032) | 28.11% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Nature,Grade,Application,Product Type,Source |
Regional Insights:
-
Leading Market (2024-2032): Mexico, leading in terms of revenue 214.51 USD Million in 2024
- Key Country: Mexico, leading in terms of revenue with value of 214.51 USD Million in 2024.
Segments and Scope
-
Mexico CBD Market to 2032, By Nature
- Organic is the largest segment in Mexico CBD Market to 2032 with a revenue of 159.35 USD Million in the year 2024.
- Organic is the Fastest growing segment in Mexico CBD Market to 2032 with a Growth rate of 29.23 % in forecast period 2025-2032.
-
Mexico CBD Market to 2032, By Grade
- Food Grade is the largest segment in Mexico CBD Market to 2032 with a revenue of 142.21 USD Million in the year 2024.
- Therapeutic Grade is the Fastest growing segment in Mexico CBD Market to 2032 with a Growth rate of 26.40 % in forecast period 2025-2032.
-
Mexico CBD Market to 2032, By Application
- Tincture is the largest segment in Mexico CBD Market to 2032 with a revenue of 71.69 USD Million in the year 2024.
- Pharmaceuticals is the Fastest growing segment in Mexico CBD Market to 2032 with a Growth rate of 30.67 % in forecast period 2025-2032.
-
Mexico CBD Market to 2032, By Product Type
- Cannabidiol (CBD) Oil is the largest segment in Mexico CBD Market to 2032 with a revenue of 109.60 USD Million in the year 2024.
- Cannabidiol (CBD) Oil is the Fastest growing segment in Mexico CBD Market to 2032 with a Growth rate of 28.77 % in forecast period 2025-2032.
-
Mexico CBD Market to 2032, By Source
- Hemp is the largest segment in Mexico CBD Market to 2032 with a revenue of 126.72 USD Million in the year 2024.
- Hemp is the Fastest growing segment in Mexico CBD Market to 2032 with a Growth rate of 29.24 % in forecast period 2025-2032.
Mexico CBD Market Company Share Analysis
| Company Name |
|
||
| Jazz Pharmaceuticals, Inc. | |||
| Tilray | |||
| Canopy Growth Corporation | |||
| Aurora Cannabis | |||
| Curaleaf | |||
Mexico CBD Market Geographical Sales Distribution, 2018-2032 USD Million
Mexico CBD Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Mexico CBD Market is segmented based on Segmentation Nature,Grade,Application,Product Type,Source.
Mexico CBD Market was valued at USD 214.51(Revenue in USD Million) in 2022.
Mexico CBD Market is projected to grow at a CAGR of 28.11% during the forecast period of 2024 to 2032.
The Organic segment is expected to dominate the Mexico CBD Market, holding a largest market share of 159.35 USD Million in 2024
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Mexico CBD Market Scope
Mexico CBD Market Segmentation & Scope
Nature
- Inorganic
- Organic
Grade
- Therapeutic Grade
- Food Grade
Application
- Others
- Topicals
- Beverages
- Dietary Supplements
- Pharmaceuticals
- Food
- Tincture
Product Type
- Others
- Cannabidiol (CBD) Concentrates
- Cannabidiol (CBD) Isolates
- Cannabidiol (CBD) Oil
Source
- Marijuana
- Hemp
Frequently Asked Questions
The Mexico CBD Market is segmented based on Segmentation Nature,Grade,Application,Product Type,Source.
Mexico CBD Market was valued at USD 214.51(Revenue in USD Million) in 2022.
Mexico CBD Market is projected to grow at a CAGR of 28.11% during the forecast period of 2024 to 2032.
The estimated market value of the Mexico CBD Market for final year is USD 1,033.37 (USD Million).
Mexico CBD Market Company Profiling
Frequently Asked Questions
The Mexico CBD Market is segmented based on Segmentation Nature,Grade,Application,Product Type,Source.
Mexico CBD Market was valued at USD 214.51(Revenue in USD Million) in 2022.
Mexico CBD Market is projected to grow at a CAGR of 28.11% during the forecast period of 2024 to 2032.
The estimated market value of the Mexico CBD Market for final year is USD 1,033.37 (USD Million).
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