Chile Cannabis Extract Market Size & Outlook, 2023-2030
Chile cannabis extract market, 2018-2030 (US$M)
Related Markets
Chile cannabis extract market highlights
- The Chile cannabis extract market generated a revenue of USD 9.6 million in 2023 and is expected to reach USD 45.8 million by 2030.
- The Chile market is expected to grow at a CAGR of 25% from 2024 to 2030.
- In terms of segment, oils was the largest revenue generating product in 2023.
- Tinctures is the most lucrative product segment registering the fastest growth during the forecast period.
Cannabis extract market data book summary
| Market revenue in 2023 | USD 9.6 million |
| Market revenue in 2030 | USD 45.8 million |
| Growth rate | 25% (CAGR from 2023 to 2030) |
| Largest segment | Oils |
| Fastest growing segment | Tinctures |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oils, Tinctures |
| Key market players worldwide | Tikun Olam Cannbit Pharmaceuticals Ltd, Canopy Growth Corp, Tilray Brands Inc, Aurora Cannabis Inc, The Cronos Group, OrganiGram Holdings Inc, Aphria Inc, Maricann Group |
Other key industry trends
- In terms of revenue, Chile accounted for 0.2% of the global cannabis extract market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico cannabis extract 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 101.0 million by 2030.
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Cannabis Extract Market Scope
Cannabis Extract Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Chile cannabis extract 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 cannabis extract market will help companies and investors design strategic landscapes.
Oils was the largest segment with a revenue share of 61.46% in 2023. Horizon Databook has segmented the Chile cannabis extract market based on oils, tinctures covering the revenue growth of each sub-segment from 2018 to 2030.
Key players include Aurora Cannabis, Canopy Growth, Curaleaf Holdings, Green Thumb Industries, Tilray, Trulieve Cannabis, and Verano Holdings, among others. These players adopt various strategies such as M&A, collaborations, expansions, partnerships, and new product launches.
Local and international companies are actively engaged in producing a range of CBD and THC-based products, including oils, tinctures, and edibles catering to the rising demand in the country.
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Target buyers of Chile cannabis extract market databook
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Our clientele includes a mix of cannabis extract market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Chile cannabis extract market , including forecasts for subscribers. This country databook contains high-level insights into Chile cannabis extract market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Chile cannabis extract market size, by product, 2018-2030 (US$M)
Chile Cannabis Extract Market Outlook Share, 2023 & 2030 (US$M)
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