Global CBD Wine Market

CBD Wine Market Size, Share, Growth Analysis, By Packaging(Bottles and Cans), By Distribution Channels(On-Trade and Off-Trade), By Region - Industry Forecast 2025-2032


Report ID: SQMIG30F2037 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 59 | Figures: 77

CBD Wine Market Insights

CBD Wine Market size was valued at USD 11.09 Billion in 2023 and is poised to grow from USD 11.46 Billion in 2024 to USD 14.85 Billion by 2032, growing at a CAGR of 3.30% during the forecast period (2025-2032).

In the upcoming years, it is projected that the market would be driven by the growing popularity of novel and pre-in immunized alcoholic beverages. e-commerce sales of CBD wine have surged due to a change in consumer purchasing habits. The market for CBD wine is significantly impacted by the rising demand for CBD products on a global scale. The CBD wine industry mostly consists of two types, hemp-based CBD wine and marijuana-based CBD wine. The CBD content of hemp plants is substantially higher than that of marijuana plants, making them the more lucrative option for producers and the one with the fewest legal ramifications. The market for CBD wine is expected to earn USD 11,100,000 in 2021 and USD 112,458,2000 by 2031, with a CAGR of 27.8%. In North American nations, specifically, consumers are spending more on products with CBD and no alcohol. Global demand for CBD wine is anticipated to be driven by the potential health advantages of these products. The legalisation of cannabis, which contains CBD with moderate levels of THC, is largely responsible for CBD's rising popularity. An entirely new market for CBD wine has emerged as a result of the legalisation of cannabis production and cultivation in a number of nations.

US CBD Wine Market is poised to grow at a sustainable CAGR for the next forecast year.

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CBD Wine Market size was valued at USD 11.09 Billion in 2023 and is poised to grow from USD 11.46 Billion in 2024 to USD 14.85 Billion by 2032, growing at a CAGR of 3.30% during the forecast period (2025-2032).

To expand their global market share, major manufacturers are concentrating more on creating new wines. One of the primary tactics used by the players to solidify their position in the market and increase their market share is mergers and acquisitions. Other important strategies include new product releases, innovation, geographic expansion, and acquisitions. 'Rebel Coast Winery (USA)', 'CannaVines (USA)', 'Greenway Wine (USA)', 'Winabis (Spain)', 'Mary Jane's Wines (Canada)', 'Tarukino (USA)', 'Cana Wines (USA)', 'Cannawine (Spain)', 'Marlee-Jo Wine Company (Canada)', 'Saka Wines (USA)', 'CBD Wines (USA)', 'Swirl Wines (USA)', 'Grüner (USA)', 'Le Grand Courtage (France)', 'Zena Wines (USA)', 'Bitchin' Wines (USA)', 'Moody 33 (USA)', 'Rebel Wines (UK)', 'Wine & Weed Symposium (USA)', 'Maka Wines (USA)', 'Acreage Holdings (USA)', 'Province Brands of Canada (Canada)'

The legality of cannabis and CBD varies widely across the world, which could lead to different markets developing in different regions. Some regions may be more open to the production and consumption of CBD wine, while others may have stricter regulations. This could lead to regional differences in the types of products available, as well as in consumer preferences.

The global CBD market is expected to continue to grow, driven by increasing consumer interest in the potential health benefits of CBD. As a result, there could be increased demand for CBD-infused wine and other beverages.

Asia Pacific is predicted to experience significant growth in the worldwide market for alcoholic beverages containing cannabis. Because of its enormous popularity, rising disposable incomes, and rising alcohol consumption tendencies, nations like New Zealand, Australia, Japan, and India are requesting cannabis-based alcoholic beverages. The use of alcoholic beverages made from cannabis in the various Asia Pacific nations is anticipated to be influenced by the adoption of various western cultures and customs.

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Global CBD Wine Market

Report ID: SQMIG30F2037

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