The global CBD wine market size was valued at US$ 10.38 Million in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 31.0% to reach US$ 190 Million by 2032 end. By 2022, the market is poised to be value at US$ 13.58 Million, reflecting a Y-o-Y increase of 31%.
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global CBD Wine market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the CBD Wine market.
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Key findings of the CBD Wine market study:
- Regional breakdown of the CBD Wine market based on predefined taxonomy.
- Innovative manufacturing processes implemented by CBD Wine vendors in detail.
- Region-wise and country-wise fragmentation of the CBD Wine market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global CBD Wine market.
Key Companies Profiled
- House of Saka
- Rebel Wine.Co.UK
- Viv & Oak
- Wines of Uruguay
- CannaVines
- Burdi W.
- Hempfy
- DrinkSipC
- Bodegas Santa Margarita
Competitive Landscape
Prominent CBD Wine providers are reliant on partnerships, collaborations, acquisitions, and new software launches to stay afloat in the global market. Constant innovations to ensure a seamless client-customer relationship are the main focus of prominent market players.
Fact.MR has provided detailed information about the price points of key manufacturers in the CBD Wine market positioned across countries, sales growth, production capacity, and speculative technological expansion in the recently published report.
- In May 2022, House of Saka, Inc., producers of award-winning, alcohol-free, cannabis-infused wines from Napa Valley announced today that they have secured exclusive, North American rights to produce and distribute Gem + Jane Cannabis-Infused Beverages from Vintage Wine Estates.
- In January 2021, Rebel Wines Co. UK recently launched a new CBD-infused wine, which has gone down a treat with consumers. The product is made with the company’s quality, award-winning wines from Vondeling Vineyards in South Africa.
Key Segments Covered in the CBD Wine Industry Survey
- By Source :
- Hemp-based CBD Wine
- Marijuana-based Wine
- By Product Type :
- Low-based CBD Wine
- Marijuana-based CBD Wine
- By Packaging :
- CBD Wine Bottles
- CBD Wine Cans
- By Distribution Channel :
- On-Trade CBD Wine Sales
- Off-Trade CBD Wine Sales
- By Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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Queries addressed in the CBD Wine market report:
- Why are the CBD Wine market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global CBD Wine market?
- Which regions are displaying the fastest growth in the CBD Wine market?
- What are the underlying micro- macroeconomic factors affecting the global CBD Wine market?
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