: Lucintel Forecasts the Global CBD Wine Market to Reach $67.6 million by 2030
: Lucintel Forecasts the Global CBD Wine Market to Reach $67.6 million by 2030
Blog Article
According to a market report by Lucintel, the future of the global CBD wine market looks promising with opportunities in the hemp based and marijuana based markets. The global CBD wine market is expected to reach an estimated $67.6 million by 2030 from $17.1 billion in 2024 at a CAGR of 25.7% from 2024 to 2030. The major drivers for this market are rising interest and recognition of natural and organic CBD-infused wine products, surge in the desire for CBD-infused wine, and expansion in the accessibility of beverages containing CBD.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in CBD wine market to 2030 by type (hemp based CBD wine and marijuana based wine), packaging (cans and glass bottles), distribution channel (offline and online), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that glass bottle will remain the larger segment over the forecast period due to its various advantages, such as safe to use, non-reactive, and doesn't retain or stain flavors.
Within this market, hemp-based CBD wine will remain the larger segment over the forecast period.
Download sample by clicking on CBD wine market
North America will remain the largest region over the forecast period due to growing legalization of marijuana for recreational and medical purposes and presence major consumer base in the region.
Diageo, Hempfy, Molson Coors Brewing, House of Saka, DrinkSipC, Burdi, SK Rodnik, CannaVines, Bodegas Santa Margarita, and Viv & Oak are the major suppliers in the CBD wine market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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