CBD Wine Market
CBD Wine Market Analysis 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, by Region - Global Forecast 2022 to 2032
Analysis of CBD Wine market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
CBD Wine Industry Outlook (2022 to 2032)
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%.
The market growth is driven by the shifting consumer behavior patterns for food and beverages across the world and increasing relaxations in the laws of CBD edibles in various countries.
| Report Attributes | Details |
|---|---|
| Anticipated Base Year Value (2021) | US$ 10.38 Million |
| Expected Market Value (2022) | US$ 13.58 Million |
| Projected Forecast Value (2032) | US$ 190 Million |
| APAC Growth Rate (2022 to 2032) | 31% CAGR |
| Key Companies Profiled | House of Saka; Rebel Wine.Co.UK; Viv & Oak; Wines of Uruguay; CannaVines; Burdi W.; Hempfy; DrinkSipC; Bodegas Santa Margarita |
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What are the Key Factors Propelling the CBD Wine Market Growth?
The demand for CBD products is growing globally, which has a significant impact on the CBD wine market. Hemp-based CBD and marijuana-based CBD wine are two major types in the CBD wine market.
Hemp plants have significantly more CBD than marijuana plants, making them the more profitable alternative for manufacturers and the option with the fewest legal repercussions. Thus, the market penetration of hemp-based CBD wines is higher than marijuana-based CBD wines.
Consumers are changing their inclination from soft drinks to wellness drinks leading to the growing sale of cannabis beverages. Low sugar content in drinks is the prominent aspect bolstering the demand for CBD wine.
Likewise, consumers prefer these brews as a substitute for cannabis smoking and consumption of marijuana-infused confectionaries like gummies and candies, chocolates, cookies and brownies. Off-trade sales channels such as hotels, cafes, restaurants, clubs, and lounges are anticipated to amplify the popularity of the product among consumers.
What are the Major Trends in the Global CBD Wine Market?
The ongoing trend among the consumer’s preferences has changed the competitive landscape for the CBD wine market. Firstly, an extensive range of consumers are moving away from alcohol which is evidenced by the decline in the global sales of alcohol and the demand for CBD products is increasing owing to its controlled dosage and easy accessibility in this form.
Secondly, there is a big push for product innovations in terms of convenient drink solutions, personalized drinks, sustainable packaging, and ingredient transparency.
Moreover, the growing involvement of celebrities in doing brand, and influencer endorsements of CBD is propelling CBD into the mainstream. For instance, Willie Nelson and former NFL star Terrell Davis have their names on different CBD-infused beverages. Recognizable brands like Coors are entering the CBD beverage market, too, for further acceptance.
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What Challenges are in Store for Filter CBD Wine Sales?
Manufacturers of alcohol and craft beer, wine, and spirits have to be very cautious in their making process of drink products based on stringent regulatory standards related to alcohol and CBD.
Nevertheless, these regulatory barriers haven’t stationed the process of developing stimulating new-fangled craft beverages. For instance, brewers like Portland, Oregon’s Coalition have developed CBD-infused craft IPAs with an emphasis on instructing consumers about CBD, its health benefits, and its effects. Other brewers like the Portland-based True Terpenes are working on other choices for CBD-infused craft beer.
Moreover, the myth associated with the product delivering psychoactive effects due to its popularity among consumers for recreation purposes hampers its market performance. Consumers are not well aware of its health benefits, functions, and offerings that are beneficial in several ways. However, the makers are constantly working on developing informative packaging to educate their consumers about their products.
Segment-wise Analysis
Which Source-based CBD wine Segment Attracts the Highest Consumer Preference Globally?
The hemp-based CBD wine segment is expected to account for 75.4% of the global revenue share. Hemp is a strain of cannabis Sativa part of the genus cannabis with tetrahydrocannabinol (THC) content below 0.3%. It is typically produced from the hemp plant's leaves and flowers.
North America is the largest market for hemp-based edibles owing to the legalization of recreational and medicinal cannabis in various states of the U.S. and Canada. In the 2018 Farm Bill, hemp was eliminated from the legal definition of marijuana under the Controlled Substances Act. Consequently, certain hemp-derived CBD products containing less than 0.3 percent THC are now legal in the U.S.
The marijuana-based CBD wine segment is expected to expand at a CAGR of 28.9% during the forecast period. These wines are consumed less as compared to hemp-based CBD wines. Marijuana plants have far greater and more variable THC levels than hemp plants.
CBD derived from marijuana is allowed to obtain with a prescription. However, the requirements vary per state, based on the condition to be treated with CBD and the level of THC in the goods. In the U.S., 18 states have legalized the recreational and medical use of CBD-infused products produced from marijuana.
Which Product Type is expected to lead the Global CBD Wine Market?
The no-alcohol CBD wine segment accounted for 88.5% of the global revenue share in 2021. CBD-infused wine may appeal to those who wish to give up drinking. As the wines are alcohol-free, users can enjoy the benefits of CBD without being influenced by alcohol.
The ultimate goal is to achieve maximum relaxation. Each starts as an alcoholic wine that is then de-alcoholized and combined with a CBD or THC-infused emulsion. Globally growing demand for non-alcoholic beverages is expected to drive the market growth.
The low-alcohol CBD wine segment is expected to expand at a CAGR of 28.7% during the forecast period, states Fact.MR’s report. CBD and hemp were legalized at the federal level by the 2018 Farm Bill. An alcoholic beverage infused with CBD must be permitted by the state liquor boards and the alcohol, tobacco, and trade bureau (TTB).
Which type of Material is Most Preferred for CBD Wine Packaging is Gaining Highest Traction?
The glass bottles segment accounted for 85.9% of the global revenue share in 2021. Glass bottles are the primary packaging format for wines as it is nonporous, nontoxic surface, and have high impermeability. It also retains scents and carbonation very well, making it an excellent choice for wine.
It evokes a sense of luxury that's difficult to achieve with other materials. Glass bottle has been a prominent packaging method for so long that it is often associated with a vintage or retro feel.
The cans segment is expected to grow at a CAGR of 36.6% during the forecast period. Cans are usually made of tinned, aluminum, or electro chrome-plated steel. Cans are quickly gaining popularity in the wine industry because of their benefits, including consumer convenience, an emphasis on cost and sustainability, and changes in consumer behavior.
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Region-wise Insights
How has the Demand for CBD Wine Impacted the North American Market?
North America dominated the market and accounted for a 56.5% share of global revenue in 2021. The U.S. dominated the market owing to the legalization of medical and recreational marijuana in the country. California is the largest consumer of CBD wine in the U.S.
North America remained the world’s highest consumption center for CBD wine. Consumers in the region are aware of CBD and its health benefits, and thus, consumption of CBD products is high in North America compared to other regions in the world.
Robust demand for cannabis beverages from millennials is also projected to propel market growth. According to a poll report by Yahoo News, the majority of the 55 million recreational marijuana consumers in the U.S. were millennials. Maximum millennials consume marijuana socially and only 25% of them consume it alone.
Moreover, the latest study by the University of Connecticut and Georgia State University found that in U.S. countries where marijuana was legalized, wine and beer purchases were reduced by 15%. The growth is majorly driven by the validation of marijuana for medical and recreational purposes.
As per the latest report published by Fact.MR, the North American CBD Wine market is estimated to expand to US$ 50 Million from 3 million, registering a CAGR of 29% throughout the forecast period.
Why are CBD Wine Providers Venturing into the Asia Pacific?
Asia-Pacific is the second-largest market for wine consumption in volume terms, propelled primarily by China, Japan, and South Korea. The province offers substantial potential owing to its large customer base, increasing disposable incomes, and favorable policies. Companies are marketing their products to attract millennials by packaging the product in attractive bottles, adding a sweeter flavor, and lowering the alcohol content.
The growing demand for CBD wine in the Asia Pacific is attributable to snowballing urban affluence and the pervasiveness of wine in business culture. In particular, red wine is prospective to offshoot growth, as it is alleged to be beneficial to health. The Chinese association of the color red with power, wealth, and good fortune will also subsidize robust sales.
Fact.MR’s recently published report reveals that the APAC CBD Wine market is projected to reach US$ 35 Million by 2032, documenting a CAGR of 28% throughout the forecast period.
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
-
CBD Wine Market by Source :
- Hemp-based CBD Wine
- Marijuana-based Wine
-
CBD Wine Market by Product Type :
- Low-based CBD Wine
- Marijuana-based CBD Wine
-
CBD Wine Market by Packaging :
- CBD Wine Bottles
- CBD Wine Cans
-
CBD Wine by Distribution Channel :
- On-Trade CBD Wine Sales
- Off-Trade CBD Wine Sales
-
CBD Wine Market by Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background
- 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Source
- 5.1. Hemp-derived
- 5.2. Marijuana-derived
- 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type
- 6.1. Low-alcohol
- 6.2. No-alcohol
- 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Packaging
- 7.1. Glass Bottles
- 7.2. Cans
- 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Distribution Channel
- 8.1. On-trade
- 8.2. Off-trade
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. Asia Pacific
- 9.5. Middle East and Africa
- 10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 13. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 14. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 15. Key Countries Market Analysis
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. House Of Saka
- 17.2. Wines Of Uruguay
- 17.3. Viv & Oak
- 17.4. Rebel Wine.Co.UK
- 17.5. Burdi W.
- 17.6. Cannavines
- 17.7. Bodegas Santa Margarita
- 17.8. Drinksipc
- 17.9. Hempfy
- 18. Assumptions & Acronyms Used
- 19. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Forecast by Region, 2017 to 2032
Table 02: Global Market Volume (Liters) Forecast by Region, 2017 to 2032
Table 03: Global Market Value (US$ Mn) Forecast by Source, 2017 to 2032
Table 04: Global Market Volume (Liters) Forecast by Source, 2017 to 2032
Table 05: Global Market Value (US$ Mn) Forecast by Product Type, 2017 to 2032
Table 06: Global Market Volume (Liters) Forecast by Product Type, 2017 to 2032
Table 07: Global Market Value (US$ Mn) Forecast by Packaging, 2017 to 2032
Table 08: Global Market Volume (Liters) Forecast by Packaging, 2017 to 2032
Table 09: Global Market Value (US$ Mn) Forecast by Distribution Channel, 2017 to 2032
Table 10: Global Market Volume (Liters) Forecast by Distribution Channel, 2017 to 2032
Table 11: North America Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 12: North America Market Volume (Liters) Forecast by Country, 2017 to 2032
Table 13: North America Market Value (US$ Mn) Forecast by Source, 2017 to 2032
Table 14: North America Market Volume (Liters) Forecast by Source, 2017 to 2032
Table 15: North America Market Value (US$ Mn) Forecast by Product Type, 2017 to 2032
Table 16: North America Market Volume (Liters) Forecast by Product Type, 2017 to 2032
Table 17: North America Market Value (US$ Mn) Forecast by Packaging, 2017 to 2032
Table 18: North America Market Volume (Liters) Forecast by Packaging, 2017 to 2032
Table 19: North America Market Value (US$ Mn) Forecast by Distribution Channel, 2017 to 2032
Table 20: North America Market Volume (Liters) Forecast by Distribution Channel, 2017 to 2032
Table 21: Latin America Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 22: Latin America Market Volume (Liters) Forecast by Country, 2017 to 2032
Table 23: Latin America Market Value (US$ Mn) Forecast by Source, 2017 to 2032
Table 24: Latin America Market Volume (Liters) Forecast by Source, 2017 to 2032
Table 25: Latin America Market Value (US$ Mn) Forecast by Product Type, 2017 to 2032
Table 26: Latin America Market Volume (Liters) Forecast by Product Type, 2017 to 2032
Table 27: Latin America Market Value (US$ Mn) Forecast by Packaging, 2017 to 2032
Table 28: Latin America Market Volume (Liters) Forecast by Packaging, 2017 to 2032
Table 29: Latin America Market Value (US$ Mn) Forecast by Distribution Channel, 2017 to 2032
Table 30: Latin America Market Volume (Liters) Forecast by Distribution Channel, 2017 to 2032
Table 31: Europe Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 32: Europe Market Volume (Liters) Forecast by Country, 2017 to 2032
Table 33: Europe Market Value (US$ Mn) Forecast by Source, 2017 to 2032
Table 34: Europe Market Volume (Liters) Forecast by Source, 2017 to 2032
Table 35: Europe Market Value (US$ Mn) Forecast by Product Type, 2017 to 2032
Table 36: Europe Market Volume (Liters) Forecast by Product Type, 2017 to 2032
Table 37: Europe Market Value (US$ Mn) Forecast by Packaging, 2017 to 2032
Table 38: Europe Market Volume (Liters) Forecast by Packaging, 2017 to 2032
Table 39: Europe Market Value (US$ Mn) Forecast by Distribution Channel, 2017 to 2032
Table 40: Europe Market Volume (Liters) Forecast by Distribution Channel, 2017 to 2032
Table 41: Asia Pacific Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 42: Asia Pacific Market Volume (Liters) Forecast by Country, 2017 to 2032
Table 43: Asia Pacific Market Value (US$ Mn) Forecast by Source, 2017 to 2032
Table 44: Asia Pacific Market Volume (Liters) Forecast by Source, 2017 to 2032
Table 45: Asia Pacific Market Value (US$ Mn) Forecast by Product Type, 2017 to 2032
Table 46: Asia Pacific Market Volume (Liters) Forecast by Product Type, 2017 to 2032
Table 47: Asia Pacific Market Value (US$ Mn) Forecast by Packaging, 2017 to 2032
Table 48: Asia Pacific Market Volume (Liters) Forecast by Packaging, 2017 to 2032
Table 49: Asia Pacific Market Value (US$ Mn) Forecast by Distribution Channel, 2017 to 2032
Table 50: Asia Pacific Market Volume (Liters) Forecast by Distribution Channel, 2017 to 2032
Table 51: Middle East and Africa Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 52: Middle East and Africa Market Volume (Liters) Forecast by Country, 2017 to 2032
Table 53: Middle East and Africa Market Value (US$ Mn) Forecast by Source, 2017 to 2032
Table 54: Middle East and Africa Market Volume (Liters) Forecast by Source, 2017 to 2032
Table 55: Middle East and Africa Market Value (US$ Mn) Forecast by Product Type, 2017 to 2032
Table 56: Middle East and Africa Market Volume (Liters) Forecast by Product Type, 2017 to 2032
Table 57: Middle East and Africa Market Value (US$ Mn) Forecast by Packaging, 2017 to 2032
Table 58: Middle East and Africa Market Volume (Liters) Forecast by Packaging, 2017 to 2032
Table 59: Middle East and Africa Market Value (US$ Mn) Forecast by Distribution Channel, 2017 to 2032
Table 60: Middle East and Africa Market Volume (Liters) Forecast by Distribution Channel, 2017 to 2032
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List Of Figures
Figure 01: Global Market Value (US$ Mn) by Source, 2022 to 2032
Figure 02: Global Market Value (US$ Mn) by Product Type, 2022 to 2032
Figure 03: Global Market Value (US$ Mn) by Packaging, 2022 to 2032
Figure 04: Global Market Value (US$ Mn) by Distribution Channel, 2022 to 2032
Figure 05: Global Market Value (US$ Mn) by Region, 2022 to 2032
Figure 06: Global Market Value (US$ Mn) Analysis by Region, 2017 to 2032
Figure 07: Global Market Volume (Liters) Analysis by Region, 2017 to 2032
Figure 08: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032
Figure 09: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032
Figure 10: Global Market Value (US$ Mn) Analysis by Source, 2017 to 2032
Figure 11: Global Market Volume (Liters) Analysis by Source, 2017 to 2032
Figure 12: Global Market Value Share (%) and BPS Analysis by Source, 2022 to 2032
Figure 13: Global Market Y-o-Y Growth (%) Projections by Source, 2022 to 2032
Figure 14: Global Market Value (US$ Mn) Analysis by Product Type, 2017 to 2032
Figure 15: Global Market Volume (Liters) Analysis by Product Type, 2017 to 2032
Figure 16: Global Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032
Figure 17: Global Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032
Figure 18: Global Market Value (US$ Mn) Analysis by Packaging, 2017 to 2032
Figure 19: Global Market Volume (Liters) Analysis by Packaging, 2017 to 2032
Figure 20: Global Market Value Share (%) and BPS Analysis by Packaging, 2022 to 2032
Figure 21: Global Market Y-o-Y Growth (%) Projections by Packaging, 2022 to 2032
Figure 22: Global Market Value (US$ Mn) Analysis by Distribution Channel, 2017 to 2032
Figure 23: Global Market Volume (Liters) Analysis by Distribution Channel, 2017 to 2032
Figure 24: Global Market Value Share (%) and BPS Analysis by Distribution Channel, 2022 to 2032
Figure 25: Global Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022 to 2032
Figure 26: Global Market Attractiveness by Source, 2022 to 2032
Figure 27: Global Market Attractiveness by Product Type, 2022 to 2032
Figure 28: Global Market Attractiveness by Packaging, 2022 to 2032
Figure 29: Global Market Attractiveness by Distribution Channel, 2022 to 2032
Figure 30: Global Market Attractiveness by Region, 2022 to 2032
Figure 31: North America Market Value (US$ Mn) by Source, 2022 to 2032
Figure 32: North America Market Value (US$ Mn) by Product Type, 2022 to 2032
Figure 33: North America Market Value (US$ Mn) by Packaging, 2022 to 2032
Figure 34: North America Market Value (US$ Mn) by Distribution Channel, 2022 to 2032
Figure 35: North America Market Value (US$ Mn) by Country, 2022 to 2032
Figure 36: North America Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 37: North America Market Volume (Liters) Analysis by Country, 2017 to 2032
Figure 38: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 39: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 40: North America Market Value (US$ Mn) Analysis by Source, 2017 to 2032
Figure 41: North America Market Volume (Liters) Analysis by Source, 2017 to 2032
Figure 42: North America Market Value Share (%) and BPS Analysis by Source, 2022 to 2032
Figure 43: North America Market Y-o-Y Growth (%) Projections by Source, 2022 to 2032
Figure 44: North America Market Value (US$ Mn) Analysis by Product Type, 2017 to 2032
Figure 45: North America Market Volume (Liters) Analysis by Product Type, 2017 to 2032
Figure 46: North America Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032
Figure 47: North America Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032
Figure 48: North America Market Value (US$ Mn) Analysis by Packaging, 2017 to 2032
Figure 49: North America Market Volume (Liters) Analysis by Packaging, 2017 to 2032
Figure 50: North America Market Value Share (%) and BPS Analysis by Packaging, 2022 to 2032
Figure 51: North America Market Y-o-Y Growth (%) Projections by Packaging, 2022 to 2032
Figure 52: North America Market Value (US$ Mn) Analysis by Distribution Channel, 2017 to 2032
Figure 53: North America Market Volume (Liters) Analysis by Distribution Channel, 2017 to 2032
Figure 54: North America Market Value Share (%) and BPS Analysis by Distribution Channel, 2022 to 2032
Figure 55: North America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022 to 2032
Figure 56: North America Market Attractiveness by Source, 2022 to 2032
Figure 57: North America Market Attractiveness by Product Type, 2022 to 2032
Figure 58: North America Market Attractiveness by Packaging, 2022 to 2032
Figure 59: North America Market Attractiveness by Distribution Channel, 2022 to 2032
Figure 60: North America Market Attractiveness by Country, 2022 to 2032
Figure 61: Latin America Market Value (US$ Mn) by Source, 2022 to 2032
Figure 62: Latin America Market Value (US$ Mn) by Product Type, 2022 to 2032
Figure 63: Latin America Market Value (US$ Mn) by Packaging, 2022 to 2032
Figure 64: Latin America Market Value (US$ Mn) by Distribution Channel, 2022 to 2032
Figure 65: Latin America Market Value (US$ Mn) by Country, 2022 to 2032
Figure 66: Latin America Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 67: Latin America Market Volume (Liters) Analysis by Country, 2017 to 2032
Figure 68: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 69: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 70: Latin America Market Value (US$ Mn) Analysis by Source, 2017 to 2032
Figure 71: Latin America Market Volume (Liters) Analysis by Source, 2017 to 2032
Figure 72: Latin America Market Value Share (%) and BPS Analysis by Source, 2022 to 2032
Figure 73: Latin America Market Y-o-Y Growth (%) Projections by Source, 2022 to 2032
Figure 74: Latin America Market Value (US$ Mn) Analysis by Product Type, 2017 to 2032
Figure 75: Latin America Market Volume (Liters) Analysis by Product Type, 2017 to 2032
Figure 76: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032
Figure 77: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032
Figure 78: Latin America Market Value (US$ Mn) Analysis by Packaging, 2017 to 2032
Figure 79: Latin America Market Volume (Liters) Analysis by Packaging, 2017 to 2032
Figure 80: Latin America Market Value Share (%) and BPS Analysis by Packaging, 2022 to 2032
Figure 81: Latin America Market Y-o-Y Growth (%) Projections by Packaging, 2022 to 2032
Figure 82: Latin America Market Value (US$ Mn) Analysis by Distribution Channel, 2017 to 2032
Figure 83: Latin America Market Volume (Liters) Analysis by Distribution Channel, 2017 to 2032
Figure 84: Latin America Market Value Share (%) and BPS Analysis by Distribution Channel, 2022 to 2032
Figure 85: Latin America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022 to 2032
Figure 86: Latin America Market Attractiveness by Source, 2022 to 2032
Figure 87: Latin America Market Attractiveness by Product Type, 2022 to 2032
Figure 88: Latin America Market Attractiveness by Packaging, 2022 to 2032
Figure 89: Latin America Market Attractiveness by Distribution Channel, 2022 to 2032
Figure 90: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 91: Europe Market Value (US$ Mn) by Source, 2022 to 2032
Figure 92: Europe Market Value (US$ Mn) by Product Type, 2022 to 2032
Figure 93: Europe Market Value (US$ Mn) by Packaging, 2022 to 2032
Figure 94: Europe Market Value (US$ Mn) by Distribution Channel, 2022 to 2032
Figure 95: Europe Market Value (US$ Mn) by Country, 2022 to 2032
Figure 96: Europe Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 97: Europe Market Volume (Liters) Analysis by Country, 2017 to 2032
Figure 98: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 99: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 100: Europe Market Value (US$ Mn) Analysis by Source, 2017 to 2032
Figure 101: Europe Market Volume (Liters) Analysis by Source, 2017 to 2032
Figure 102: Europe Market Value Share (%) and BPS Analysis by Source, 2022 to 2032
Figure 103: Europe Market Y-o-Y Growth (%) Projections by Source, 2022 to 2032
Figure 104: Europe Market Value (US$ Mn) Analysis by Product Type, 2017 to 2032
Figure 105: Europe Market Volume (Liters) Analysis by Product Type, 2017 to 2032
Figure 106: Europe Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032
Figure 107: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032
Figure 108: Europe Market Value (US$ Mn) Analysis by Packaging, 2017 to 2032
Figure 109: Europe Market Volume (Liters) Analysis by Packaging, 2017 to 2032
Figure 110: Europe Market Value Share (%) and BPS Analysis by Packaging, 2022 to 2032
Figure 111: Europe Market Y-o-Y Growth (%) Projections by Packaging, 2022 to 2032
Figure 112: Europe Market Value (US$ Mn) Analysis by Distribution Channel, 2017 to 2032
Figure 113: Europe Market Volume (Liters) Analysis by Distribution Channel, 2017 to 2032
Figure 114: Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2022 to 2032
Figure 115: Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022 to 2032
Figure 116: Europe Market Attractiveness by Source, 2022 to 2032
Figure 117: Europe Market Attractiveness by Product Type, 2022 to 2032
Figure 118: Europe Market Attractiveness by Packaging, 2022 to 2032
Figure 119: Europe Market Attractiveness by Distribution Channel, 2022 to 2032
Figure 120: Europe Market Attractiveness by Country, 2022 to 2032
Figure 121: Asia Pacific Market Value (US$ Mn) by Source, 2022 to 2032
Figure 122: Asia Pacific Market Value (US$ Mn) by Product Type, 2022 to 2032
Figure 123: Asia Pacific Market Value (US$ Mn) by Packaging, 2022 to 2032
Figure 124: Asia Pacific Market Value (US$ Mn) by Distribution Channel, 2022 to 2032
Figure 125: Asia Pacific Market Value (US$ Mn) by Country, 2022 to 2032
Figure 126: Asia Pacific Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 127: Asia Pacific Market Volume (Liters) Analysis by Country, 2017 to 2032
Figure 128: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 129: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 130: Asia Pacific Market Value (US$ Mn) Analysis by Source, 2017 to 2032
Figure 131: Asia Pacific Market Volume (Liters) Analysis by Source, 2017 to 2032
Figure 132: Asia Pacific Market Value Share (%) and BPS Analysis by Source, 2022 to 2032
Figure 133: Asia Pacific Market Y-o-Y Growth (%) Projections by Source, 2022 to 2032
Figure 134: Asia Pacific Market Value (US$ Mn) Analysis by Product Type, 2017 to 2032
Figure 135: Asia Pacific Market Volume (Liters) Analysis by Product Type, 2017 to 2032
Figure 136: Asia Pacific Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032
Figure 137: Asia Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032
Figure 138: Asia Pacific Market Value (US$ Mn) Analysis by Packaging, 2017 to 2032
Figure 139: Asia Pacific Market Volume (Liters) Analysis by Packaging, 2017 to 2032
Figure 140: Asia Pacific Market Value Share (%) and BPS Analysis by Packaging, 2022 to 2032
Figure 141: Asia Pacific Market Y-o-Y Growth (%) Projections by Packaging, 2022 to 2032
Figure 142: Asia Pacific Market Value (US$ Mn) Analysis by Distribution Channel, 2017 to 2032
Figure 143: Asia Pacific Market Volume (Liters) Analysis by Distribution Channel, 2017 to 2032
Figure 144: Asia Pacific Market Value Share (%) and BPS Analysis by Distribution Channel, 2022 to 2032
Figure 145: Asia Pacific Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022 to 2032
Figure 146: Asia Pacific Market Attractiveness by Source, 2022 to 2032
Figure 147: Asia Pacific Market Attractiveness by Product Type, 2022 to 2032
Figure 148: Asia Pacific Market Attractiveness by Packaging, 2022 to 2032
Figure 149: Asia Pacific Market Attractiveness by Distribution Channel, 2022 to 2032
Figure 150: Asia Pacific Market Attractiveness by Country, 2022 to 2032
Figure 151: Middle East and Africa Market Value (US$ Mn) by Source, 2022 to 2032
Figure 152: Middle East and Africa Market Value (US$ Mn) by Product Type, 2022 to 2032
Figure 153: Middle East and Africa Market Value (US$ Mn) by Packaging, 2022 to 2032
Figure 154: Middle East and Africa Market Value (US$ Mn) by Distribution Channel, 2022 to 2032
Figure 155: Middle East and Africa Market Value (US$ Mn) by Country, 2022 to 2032
Figure 156: Middle East and Africa Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 157: Middle East and Africa Market Volume (Liters) Analysis by Country, 2017 to 2032
Figure 158: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 159: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 160: Middle East and Africa Market Value (US$ Mn) Analysis by Source, 2017 to 2032
Figure 161: Middle East and Africa Market Volume (Liters) Analysis by Source, 2017 to 2032
Figure 162: Middle East and Africa Market Value Share (%) and BPS Analysis by Source, 2022 to 2032
Figure 163: Middle East and Africa Market Y-o-Y Growth (%) Projections by Source, 2022 to 2032
Figure 164: Middle East and Africa Market Value (US$ Mn) Analysis by Product Type, 2017 to 2032
Figure 165: Middle East and Africa Market Volume (Liters) Analysis by Product Type, 2017 to 2032
Figure 166: Middle East and Africa Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032
Figure 167: Middle East and Africa Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032
Figure 168: Middle East and Africa Market Value (US$ Mn) Analysis by Packaging, 2017 to 2032
Figure 169: Middle East and Africa Market Volume (Liters) Analysis by Packaging, 2017 to 2032
Figure 170: Middle East and Africa Market Value Share (%) and BPS Analysis by Packaging, 2022 to 2032
Figure 171: Middle East and Africa Market Y-o-Y Growth (%) Projections by Packaging, 2022 to 2032
Figure 172: Middle East and Africa Market Value (US$ Mn) Analysis by Distribution Channel, 2017 to 2032
Figure 173: Middle East and Africa Market Volume (Liters) Analysis by Distribution Channel, 2017 to 2032
Figure 174: Middle East and Africa Market Value Share (%) and BPS Analysis by Distribution Channel, 2022 to 2032
Figure 175: Middle East and Africa Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022 to 2032
Figure 176: Middle East and Africa Market Attractiveness by Source, 2022 to 2032
Figure 177: Middle East and Africa Market Attractiveness by Product Type, 2022 to 2032
Figure 178: Middle East and Africa Market Attractiveness by Packaging, 2022 to 2032
Figure 179: Middle East and Africa Market Attractiveness by Distribution Channel, 2022 to 2032
Figure 180: Middle East and Africa Market Attractiveness by Country, 2022 to 2032
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- FAQs -
What was the market worth for CBD Wine in 2021?
As of 2021, Fact.MR estimated the CBD Wine market to have reached US$ 10.38 Million.
What is the expected worth of the CBD Wine industry in 2022?
By 2022, Fact.MR expected demand for CBD Wine to reach US$ 13.58 Million.
At what rate did the CBD Wine market flourish from 2017 to 2021?
From 2017 to 2021, the CBD Wine market grew at a ~28% value CAGR.
What is the expected forecast CAGR for CBD Wine from 2022-to 2032?
From 2022 to 2032, CBD Wine demand is likely to surge at a 31% CAGR.
At what value will the market for CBD Wine close in 2032?
By 2032, the market for CBD Wine is likely to be valued at US$ 190 Million.
What are the expected growth rates for the South Korean and Japanese markets?
South Korea and Japan are expected to document CAGRs worth 30% and 31% respectively in the CBD Wine market.
Which product type will account for the maximum CBD Wine revenue?
The demand for the no-alcohol-based CBD wine segment will be maximum, expanding at a 30% CAGR.
By source, which category is likely to remain top-selling until 2032?
The hemp-based CBD segment will remain most preferred, expanding at a CAGR of 29% until 2032.
CBD Wine Market