Brazil Cbd Pouches Market Size & Outlook, 2023-2030
Brazil cbd pouches market, 2018-2030 (US$M)
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Brazil cbd pouches market highlights
- The Brazil cbd pouches market generated a revenue of USD 582.0 million in 2023 and is expected to reach USD 2,197.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 20.9% from 2024 to 2030.
- In terms of segment, 10 mg -20 mg was the largest revenue generating cbd content in 2023.
- 10 mg -20 mg is the most lucrative cbd content segment registering the fastest growth during the forecast period.
Cbd pouches market data book summary
| Market revenue in 2023 | USD 582.0 million |
| Market revenue in 2030 | USD 2,197.4 million |
| Growth rate | 20.9% (CAGR from 2023 to 2030) |
| Largest segment | 10 mg -20 mg |
| Fastest growing segment | 10 mg -20 mg |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Upto 10 mg, 10 mg -20 mg |
| Key market players worldwide | Swedish Match, Metolius, Canna Flora Hemp, Canndid, Cannadips |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.9% of the global cbd pouches market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil cbd pouches market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 2,197.4 million by 2030.
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CBD Pouches Market Scope
CBD Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil cbd pouches 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 cbd pouches market will help companies and investors design strategic landscapes.
10 mg -20 mg was the largest segment with a revenue share of 49.24% in 2023. Horizon Databook has segmented the Brazil cbd pouches market based on upto 10 mg, 10 mg -20 mg covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil’s regulatory environment has been progressively accommodating the sale of cannabis and CBD products, such as pouches, through clear guidelines set by the Brazilian Health Regulatory Agency (ANVISA). The evolving landscape indicates positive prospects for companies operating in this market segment.
For instance, in January 2024, Ease Labs Pharma, a GMP Certified Pharmaceutical Company in Brazil, was granted approval by the Brazilian Health Regulatory Agency to sell a locally produced Cannabis sativa Extract. This extract contains 750mg of CBD (25mg/mL), up to 0.2% THC, and various other cannabinoids.
It is a full-spectrum extract created at their pharmaceutical facility in Belo Horizonte (MG). CBD pouches come in various flavors, strengths, and formulations, catering to different consumer preferences. The market has witnessed a diversification of product offerings, including pouches with specific benefits such as improved sleep, stress relief, and increased energy levels.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil cbd pouches market, including forecasts for subscribers. This country databook contains high-level insights into Brazil cbd pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil cbd pouches market report size, by cbd content, 2018-2030 (US$M)
Brazil CBD Pouches Market Share, 2023 & 2030 (US$M)
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