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Cannabis in South America

Publisher GlobalData
Published Aug 07, 2025
Length 41 Pages
SKU # GBDT20492696

Description

Cannabis in South America

Summary

Cannabis in South America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Cannabis refers to a group of three psychoactive plants: Cannabis sativa, Cannabis indica, and Cannabis ruderalis. Our market scope includes both recreational and medicinal uses of cannabis, which are governed by regulated operations. This encompasses licensing, taxation, and strict adherence to safety standards. Market value refers to revenue generated by market players in a specific year.
  • The South American cannabis market recorded revenues of $1,430.9 million in 2024, representing a compound annual growth rate (CAGR) of 20.2% between 2019 and 2024.
  • The medical use segment accounted for the market's largest proportion in 2024, with total revenues of $1,307.2 million, equivalent to 91.4% of the market's overall value.
  • Colombia accounted for a share of 14.6% of the South American cannabis market in 2024.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the cannabis market in South America
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the cannabis market in South America
  • Leading company profiles reveal details of key cannabis market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South America cannabis market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the South America cannabis market by value in 2024?
  • What will be the size of the South America cannabis market in 2029?
  • What factors are affecting the strength of competition in the South America cannabis market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in South America's cannabis market?

Table of Contents

41 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. Canopy Growth Corp
8.2. Tilray Brands Inc
8.3. PharmaCielo Colombia Holdings S.A.S.
8.4. Khiron Life Sciences Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
10.4. About GlobalData
List of Tables
Table 1: South America cannabis market value: $ million, 2019-24
Table 2: South America cannabis market category segmentation: % share, by value, 2019-24
Table 3: South America cannabis market category segmentation: $ million, 2019-24
Table 4: South America cannabis market geography segmentation: $ million, 2024
Table 5: South America cannabis market value forecast: $ million, 2024-29
Table 6: Canopy Growth Corp: Key Facts
Table 7: Canopy Growth Corp: annual financial ratios
Table 8: Canopy Growth Corp: key employees
Table 9: Tilray Brands Inc: Key Facts
Table 10: Tilray Brands Inc: annual financial ratios
Table 11: Tilray Brands Inc: key employees
Table 12: PharmaCielo Colombia Holdings S.A.S.: Key Facts
Table 13: PharmaCielo Colombia Holdings S.A.S.: key employees
Table 14: Khiron Life Sciences Corp: Key Facts
Table 15: Khiron Life Sciences Corp: annual financial ratios
Table 16: South America Exchange Rate, 2019-24
List of Figures
Figure 1: South America cannabis market value: $ million, 2019-24
Figure 2: South America cannabis market category segmentation: $ million, 2019-24
Figure 3: South America cannabis market geography segmentation: % share, by value, 2024
Figure 4: South America cannabis market value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the cannabis market in South America, 2024
Figure 6: Drivers of buyer power in the cannabis market in South America, 2024
Figure 7: Drivers of supplier power in the cannabis market in South America, 2024
Figure 8: Factors influencing the likelihood of new entrants in the cannabis market in South America, 2024
Figure 9: Factors influencing the threat of substitutes in the cannabis market in South America, 2024
Figure 10: Drivers of degree of rivalry in the cannabis market in South America, 2024

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