CBD products: market revenue Uruguay 2016-2029

Revenue of the CBD products market in Uruguay was forecast to continuously increase between 2024 and 2029 by in total 0.1 million U.S. dollars (+1.36 percent). The indicator is estimated to amount to 7.4 million U.S. dollars in 2029. This figure has been continuously increasing over the past years.

Revenue of the CBD products 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 CBD products market encompasses products derived from the cannabis plant that contain cannabidiol (CBD), a non-psychoactive compound. These products may include oils, tinctures, edibles, topicals, and capsules. They are typically sold in health food stores, pharmacies, online platforms, and specialty CBD stores. These products are consumed for wellness purposes, and depending on the product, can be ingested, applied topically, or inhaled.

Structure:
The CBD products market includes products used for general wellness, relaxation, and stress relief. The CBD products market includes various forms of CBD such as oils, edibles, topicals, and capsules.

Additional information:
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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