Global CBD Wine Market Size study, By Source (Hemp-Based CBD Wine, Marijuana-Based Wine), By Product Type (Low-Based CBD Wine, Marijuana-Based Wine), By Packaging (Bottles, Cans), By Distribution Channel (On-Trade, Off-Trade), and Regional Forecasts 2022-

Global CBD Wine Market Size study, By Source (Hemp-Based CBD Wine, Marijuana-Based Wine), By Product Type (Low-Based CBD Wine, Marijuana-Based Wine), By Packaging (Bottles, Cans), By Distribution Channel (On-Trade, Off-Trade), and Regional Forecasts 2022-2028

Global CBD Wine Market is valued at approximately USD 10.38 million in 2021 and is anticipated to grow with a healthy growth rate of more than 32.0% over the forecast period 2022-2028.

The CBD wine industry is significantly impacted by the rising global demand for CBD products. Two of the most popular varieties of CBD wine are those made from hemp and those made from marijuana. In comparison to marijuana plants, hemp plants offer a substantial amount of CBD, making them the more lucrative option for producers and the option with the fewest legal ramifications. As a result, hemp-based CBD wines are more widely available than marijuana-based CBD wines. An increasing shift in consumer preference patterns from food and beverages is driving the growth of the market. Along with this increasing focus on health and wellness among young people is accelerating the market growth. Furthermore, the legalization of cultivation and production of cannabis is creating a big opportunity for the market in the U.S. around 18 states got legal authority for recreation and medical use of CBD-infused products. However, the high cost of CBD products especially wine is hindering the market which impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global CBD Wine market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share as a result of the country's legalization of both medicinal and recreational marijuana. On other hand, Asia Pacific is expected to have growth during the forecast period of time due to the introduction of new laws which significantly impact the wine industry.

Major market players included in this report are:
Saks Inc.
Rebel Wine. Co. UK
Viv & Oak
Wines of Uruguay
CannaVines
Burdi W.
Hempfy
DrinkSipC
Bodegas Santa Margarita
Cry baby wine

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Source
Hemp-Based CBD Wine
Marijuana-Based Wine
By Product Type
Low-Based CBD Wine
Marijuana-Based Wine
By Packaging
Bottles
Cans
By Distribution Channel
On-Trade
Off-Trade
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global CBD Wine Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Saks Inc.
Rebel Wine. Co. UK
Viv & Oak
Wines of Uruguay
CannaVines
Burdi W.
Hempfy
DrinkSipC
Bodegas Santa Margarita
Cry baby wine

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