Recreational cannabis: market revenue Uruguay 2016-2029

Revenue of the recreational cannabis market in Uruguay was forecast to continuously increase between 2024 and 2029 by in total 13 million U.S. dollars (+23.37 percent). After the thirteenth consecutive increasing year, the indicator is estimated to reach 68.57 million U.S. dollars and therefore a new peak in 2029. This figure has been continuously increasing over the past years.

Revenue of the recreational cannabis market in Uruguay from 2016 to 2029 (in million U.S. dollars)

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Supplementary notes

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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