The number of users in the 'Recreational Cannabis' segment of the cannabis market in Latin America was forecast to continuously increase between 2024 and 2029 by in total 489.1 thousand users (+13.65 percent). After the twelfth consecutive increasing year, the number of users is estimated to reach 4.1 million users and therefore a new peak in 2029. Notably, the number of users of the 'Recreational Cannabis' segment of the cannabis market was continuously increasing over the past years.
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Number of users of recreational cannabis in Latin America from 2017 to 2029
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Data provided by Statista Market Insights are estimates.
Definition: The Recreational Cannabis market encompasses products derived from the cannabis plant that are used for leisure or personal enjoyment. These products can include dried flowers, oils, edibles, tinctures, and topicals. The availability of these products is subject to the regulations in each country or state, and they can be obtained from dispensaries, retail stores, or online platforms. Consumption methods vary, and can include smoking, vaporizing, eating, or applying topically.
Structure: The Recreational Cannabis market is a subset of the broader cannabis market, which also includes medical and pharmaceutical cannabis as well as CBD products. The Recreational Cannabis market specifically pertains to products used for personal enjoyment, as opposed to the medical and pharmaceutical markets which focus on products used for treating medical conditions. The market includes various forms of cannabis such as flowers, concentrates, edibles, and topicals.
Additional information: The market values represent the revenues generated by retail prices paid to vendors, either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C).
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Statista. (March 26, 2024). Number of users of recreational cannabis in Latin America from 2017 to 2029 (in 1,000s) [Graph]. In Statista. Retrieved February 25, 2025, from https://www.statista.com/forecasts/1450676/number-users-recreational-cannabis-latin-america
Statista. "Number of users of recreational cannabis in Latin America from 2017 to 2029 (in 1,000s)." Chart. March 26, 2024. Statista. Accessed February 25, 2025. https://www.statista.com/forecasts/1450676/number-users-recreational-cannabis-latin-america
Statista. (2024). Number of users of recreational cannabis in Latin America from 2017 to 2029 (in 1,000s). Statista. Statista Inc.. Accessed: February 25, 2025. https://www.statista.com/forecasts/1450676/number-users-recreational-cannabis-latin-america
Statista. "Number of Users of Recreational Cannabis in Latin America from 2017 to 2029 (in 1,000s)." Statista, Statista Inc., 26 Mar 2024, https://www.statista.com/forecasts/1450676/number-users-recreational-cannabis-latin-america
Statista, Number of users of recreational cannabis in Latin America from 2017 to 2029 (in 1,000s) Statista, https://www.statista.com/forecasts/1450676/number-users-recreational-cannabis-latin-america (last visited February 25, 2025)
Number of users of recreational cannabis in Latin America from 2017 to 2029 (in 1,000s) [Graph], Statista, March 26, 2024. [Online]. Available: https://www.statista.com/forecasts/1450676/number-users-recreational-cannabis-latin-america
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