CBD Wine Products Market Size, Share, & Trends Analysis Report (2023 – 2030)

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Report Overview

The global CBD wine products market was valued at USD 28.7 million in 2022 and is expected to expand at a CAGR of 25.5% from 2023 to 2030. CBD wine products are gaining increasing popularity among consumers owing to the multiple health benefits associated with it. CBD, an active ingredient of the cannabis plant, is known to have anti-inflammatory and anti-anxiety properties that help relax the body and improve sleep. Additionally, CBD is known to contain antioxidants that help reduce oxidative stress on the body, thus improving overall health.

Due to the rising demand for CBD wine products, various companies are introducing new products in the market. For instance, in April 2021, Taurine Wine launched its first CBD-infused wine. The wine, a blend of Chardonnay and Sauvignon Blanc, is infused with 20 mg of CBD per bottle, offering a light and fruity flavor. Furthermore, Alpine Hemp, a U.K.-based company, launched its first CBD-infused wine in August 2020. The wine, a blend of Merlot and Cabernet Sauvignon, contains 10 mg of CBD per bottle. The product is aimed at providing consumers with a unique combination of CBD and wine.

Apart from new product launches, companies are also focusing on collaborations to expand their product portfolio. For instance, in June 2021, Wine and Weed Wine Company, a California-based winery, announced a partnership with East Fork Cultivars, a hemp producer in Oregon. The collaboration is expected to bring two new wines infused with CBD to the market.

Additionally, the rising demand for organic and natural ingredients-based products has led to an increasing demand for CBD wines. This is due to the fact that CBD is known to contain natural ingredients that help reduce stress, help in pain management, and improve sleep. Furthermore, the increased preference for organic products among consumers has led to an increase in demand for organic CBD wines. For instance, in August 2020, Cannabiniers, a cannabis products manufacturer, launched its first organic CBD-infused wine. The wine, a blend of Cabernet Sauvignon and Merlot, is made from organic grapes and is infused with 10 mg of CBD per bottle.

Furthermore, the rising trend of premiumization in the demand for CBD wines is expected to further boost the growth of the market. This is due to the fact that premium CBD wines are more expensive and are known to contain more natural ingredients than regular wines. For instance, in October 2021, Cannabiniers launched a premium line of CBD-infused wines, which are priced at USD 100 per bottle. The wine, a blend of Cabernet Sauvignon and Merlot, is made from organic grapes and is infused with 20 mg of CBD per bottle.

Product Insights

The CBD-infused wines segment is expected to register the highest CAGR over the forecast period, owing to the rise in the demand for organic products among consumers. The increasing popularity of CBD-infused wines has been driven by positive health benefits related to the consumption of such products. Similarly, the growing trend of personalization and customization in alcoholic beverages has been driving the demand for CBD-infused wines among consumers. According to an article published by Wine Spectator, in January 2020, the demand for CBD-infused wines is expected to increase significantly in the near future.

The sparkling wines segment is estimated to account for the largest market share, owing to the rising demand for sparkling wines among consumers due to its unique taste and flavor. The growing popularity of sparkling wines among young adults has been a key factor driving the growth of the segment. According to an article published by Vinepair, in October 2019, sparkling wines accounted for 20% of the total wine sales in the US, with the demand continuing to increase. Furthermore, the increasing popularity of sparkling wines in countries such as France and Italy is also driving the demand for CBD-infused sparkling wines.

Distribution Channel Insights

The supermarkets and hypermarkets segment accounted for the major share of the CBD Wine products market in 2022 owing to the increasing availability of CBD Wine products in these outlets. The presence of a wide variety of products, convenience of shopping, and attractive discounts offered by supermarkets and hypermarkets are among the major factors contributing to the growth of this segment. Moreover, the supermarkets and hypermarkets segment is expected to be the largest contributor to the market during the forecast period.

The online segment is expected to witness the highest CAGR of 12.7% during the forecast period. Since the introduction of CBD Wine products, the online channel has become a popular platform for both manufacturers and customers. This is mainly due to the convenience and availability of a wide variety of products, discounts and promotional activities offered by online retail stores, and the growing penetration of internet and mobile devices. Moreover, the presence of various niche vendors offering CBD Wine products exclusively online is another factor driving the growth of this segment.

Type Insights

The regular CBD wine segment accounted for the largest revenue share of 42.4% in the year 2022. The increasing demand for natural and organic products has accelerated the sales of regular CBD wine. Also, the increasing use of grape-based CBD products is likely to drive the market. Furthermore, the increasing disposable income of consumers and the growing demand for alcoholic beverages are expected to drive the regular CBD wine segment.

The sparkling CBD wine segment is projected to expand at the highest CAGR of 10.3% over the forecast period. The increasing demand for flavored alcoholic beverages and the growing consumption trend among millennials are boosting the growth of the segment. Additionally, companies are launching new products in the sparkling CBD wine segment to attract consumers. For instance, in May 2022, Moet Hennessy, a brand of LVMH, launched its first sparkling CBD wine called “Aurora”. The product is infused with 0.2% of CBD and is available in peach, lychee, and raspberry flavors.

Regional Insights

Europe is expected to account for a significant share of the global CBD wine products market. Factors such as the increasing awareness about the potential health benefits of CBD and its usage for medical purposes is driving the market growth in the region. Countries such as Germany, France, and Italy have a major share in the CBD wine products market. In 2021, a German company, JF CBD Wine, launched a new range of CBD-infused wines in the European market. Moreover, increasing consumer preference for healthier beverages and the presence of a well-established wine industry in Europe is expected to boost the growth of the regional market.

North America is expected to witness the second-fastest growth in the coming years. The U.S. is the major contributor to the regional market due to the presence of a well-established beverage industry. Rising consumer demand for low-calorie and functional beverages is expected to drive the growth of the regional market. Moreover, the increasing awareness of CBD’s potential therapeutic benefits is also expected to drive the regional market growth. In 2021, a U.S. based company, Rebel Coast Winery, launched a new range of CBD-infused wines in the North American market.

Financial Projections

In this part of the CBD wine products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your CBD wine products business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions
The main source of revenues for a CBD wine products business comes from sales of CBD wine products such as CBD-infused wines, sparkling wines, and flavored wines. Other possible sources of profit include the sale of merchandise, online sales, and corporate events.

Projecting Expenses
In this section, all the regular expenses related to keeping the CBD wine products business running will be described. The list of operating expenses includes wages, utilities, advertising, rent, insurance policies, and other overhead costs. Other expenses include obtaining the necessary licenses and permits, purchasing equipment, and any other costs associated with producing and selling CBD wine products.

Key companies & market share insights

Some of the key companies operating in the CBD wine market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In June 2022, Sake Social launched its first-ever CBD-infused sparkling sake.

– In August 2022, Vinaera launched the world’s first CBD-infused white wine.

– In October 2022, Carpe Vino launched a CBD-infused red blend, which is the first of its kind in the US.

Some of the prominent players in the CBD wine market include:

– Sake Social
– Vinaera
– Carpe Vino
– Tierra
– O.N.E. Spirits
– CannaVine
– CBD Infused Wines
– Rebel Coast Winery
– Toast Wines
– Cannabella Wines

Global CBD Wine Market Segmentation

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global CBD wine products market based on product type, distribution channel, type, and region:

1. Product Type Outlook (Revenue, USD Million, 2017 – 2030)

– Sparkling Wines
– White Wines
– Red Wines
– Rose Wines

2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Online
– Others

3. Type Outlook (Revenue, USD Million, 2017 – 2030)

– Mass
– Premium

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

Frequently Asked Questions

[Q]: What are the Benefits of CBD Wine?
[A]: CBD wine offers a number of potential health benefits. These include reducing inflammation, providing pain relief, increasing relaxation and promoting better sleep. It can also help reduce anxiety and stress, improve cognitive function, and reduce the symptoms of certain mental health conditions.

[Q]: Who are the Key Players in the CBD Wine Market?
[A]: The major players in the CBD Wine market are Constellation Brands, Inc., Bota Box Wine, Rebel Coast Winery, Cavit Wine, and Wine by Wives.

[Q]: What are the Drivers of CBD Wine Market Growth?
[A]: The increasing popularity of CBD and its therapeutic benefits are the key factors driving the growth of the CBD Wine market. The rising awareness among consumers regarding the potential health benefits of CBD-infused products is also a major factor driving the growth of this market.

[Q]: What are the Regulatory Issues for CBD Wine?
[A]: Regulations for CBD-infused products vary from region to region. In the US, the FDA has indicated that it is illegal to add CBD to beverages, including wine. In Europe, CBD-infused products are regulated by the European Food Safety Authority (EFSA).

[Q]: What Regions Offer the Largest Opportunities for CBD Wine?
[A]: North America is expected to be the most lucrative region for the CBD Wine market due to the presence of a large consumer base and the increasing acceptance of CBD products in the region. Europe and Asia Pacific are also expected to witness significant growth in the CBD Wine market due to the increasing demand for CBD products in the region.

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CBD Wine Products Market Size, Share, & Trends Analysis Report (2023 – 2030)

Report Overview

The global CBD wine products market was valued at USD 28.7 million in 2022 and is expected to expand at a CAGR of 25.5% from 2023 to 2030. CBD wine products are gaining increasing popularity among consumers owing to the multiple health benefits associated with it. CBD, an active ingredient of the cannabis plant, is known to have anti-inflammatory and anti-anxiety properties that help relax the body and improve sleep. Additionally, CBD is known to contain antioxidants that help reduce oxidative stress on the body, thus improving overall health.

Due to the rising demand for CBD wine products, various companies are introducing new products in the market. For instance, in April 2021, Taurine Wine launched its first CBD-infused wine. The wine, a blend of Chardonnay and Sauvignon Blanc, is infused with 20 mg of CBD per bottle, offering a light and fruity flavor. Furthermore, Alpine Hemp, a U.K.-based company, launched its first CBD-infused wine in August 2020. The wine, a blend of Merlot and Cabernet Sauvignon, contains 10 mg of CBD per bottle. The product is aimed at providing consumers with a unique combination of CBD and wine.

Apart from new product launches, companies are also focusing on collaborations to expand their product portfolio. For instance, in June 2021, Wine and Weed Wine Company, a California-based winery, announced a partnership with East Fork Cultivars, a hemp producer in Oregon. The collaboration is expected to bring two new wines infused with CBD to the market.

Additionally, the rising demand for organic and natural ingredients-based products has led to an increasing demand for CBD wines. This is due to the fact that CBD is known to contain natural ingredients that help reduce stress, help in pain management, and improve sleep. Furthermore, the increased preference for organic products among consumers has led to an increase in demand for organic CBD wines. For instance, in August 2020, Cannabiniers, a cannabis products manufacturer, launched its first organic CBD-infused wine. The wine, a blend of Cabernet Sauvignon and Merlot, is made from organic grapes and is infused with 10 mg of CBD per bottle.

Furthermore, the rising trend of premiumization in the demand for CBD wines is expected to further boost the growth of the market. This is due to the fact that premium CBD wines are more expensive and are known to contain more natural ingredients than regular wines. For instance, in October 2021, Cannabiniers launched a premium line of CBD-infused wines, which are priced at USD 100 per bottle. The wine, a blend of Cabernet Sauvignon and Merlot, is made from organic grapes and is infused with 20 mg of CBD per bottle.

Product Insights

The CBD-infused wines segment is expected to register the highest CAGR over the forecast period, owing to the rise in the demand for organic products among consumers. The increasing popularity of CBD-infused wines has been driven by positive health benefits related to the consumption of such products. Similarly, the growing trend of personalization and customization in alcoholic beverages has been driving the demand for CBD-infused wines among consumers. According to an article published by Wine Spectator, in January 2020, the demand for CBD-infused wines is expected to increase significantly in the near future.

The sparkling wines segment is estimated to account for the largest market share, owing to the rising demand for sparkling wines among consumers due to its unique taste and flavor. The growing popularity of sparkling wines among young adults has been a key factor driving the growth of the segment. According to an article published by Vinepair, in October 2019, sparkling wines accounted for 20% of the total wine sales in the US, with the demand continuing to increase. Furthermore, the increasing popularity of sparkling wines in countries such as France and Italy is also driving the demand for CBD-infused sparkling wines.

Distribution Channel Insights

The supermarkets and hypermarkets segment accounted for the major share of the CBD Wine products market in 2022 owing to the increasing availability of CBD Wine products in these outlets. The presence of a wide variety of products, convenience of shopping, and attractive discounts offered by supermarkets and hypermarkets are among the major factors contributing to the growth of this segment. Moreover, the supermarkets and hypermarkets segment is expected to be the largest contributor to the market during the forecast period.

The online segment is expected to witness the highest CAGR of 12.7% during the forecast period. Since the introduction of CBD Wine products, the online channel has become a popular platform for both manufacturers and customers. This is mainly due to the convenience and availability of a wide variety of products, discounts and promotional activities offered by online retail stores, and the growing penetration of internet and mobile devices. Moreover, the presence of various niche vendors offering CBD Wine products exclusively online is another factor driving the growth of this segment.

Type Insights

The regular CBD wine segment accounted for the largest revenue share of 42.4% in the year 2022. The increasing demand for natural and organic products has accelerated the sales of regular CBD wine. Also, the increasing use of grape-based CBD products is likely to drive the market. Furthermore, the increasing disposable income of consumers and the growing demand for alcoholic beverages are expected to drive the regular CBD wine segment.

The sparkling CBD wine segment is projected to expand at the highest CAGR of 10.3% over the forecast period. The increasing demand for flavored alcoholic beverages and the growing consumption trend among millennials are boosting the growth of the segment. Additionally, companies are launching new products in the sparkling CBD wine segment to attract consumers. For instance, in May 2022, Moet Hennessy, a brand of LVMH, launched its first sparkling CBD wine called “Aurora”. The product is infused with 0.2% of CBD and is available in peach, lychee, and raspberry flavors.

Regional Insights

Europe is expected to account for a significant share of the global CBD wine products market. Factors such as the increasing awareness about the potential health benefits of CBD and its usage for medical purposes is driving the market growth in the region. Countries such as Germany, France, and Italy have a major share in the CBD wine products market. In 2021, a German company, JF CBD Wine, launched a new range of CBD-infused wines in the European market. Moreover, increasing consumer preference for healthier beverages and the presence of a well-established wine industry in Europe is expected to boost the growth of the regional market.

North America is expected to witness the second-fastest growth in the coming years. The U.S. is the major contributor to the regional market due to the presence of a well-established beverage industry. Rising consumer demand for low-calorie and functional beverages is expected to drive the growth of the regional market. Moreover, the increasing awareness of CBD’s potential therapeutic benefits is also expected to drive the regional market growth. In 2021, a U.S. based company, Rebel Coast Winery, launched a new range of CBD-infused wines in the North American market.

Financial Projections

In this part of the CBD wine products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your CBD wine products business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions
The main source of revenues for a CBD wine products business comes from sales of CBD wine products such as CBD-infused wines, sparkling wines, and flavored wines. Other possible sources of profit include the sale of merchandise, online sales, and corporate events.

Projecting Expenses
In this section, all the regular expenses related to keeping the CBD wine products business running will be described. The list of operating expenses includes wages, utilities, advertising, rent, insurance policies, and other overhead costs. Other expenses include obtaining the necessary licenses and permits, purchasing equipment, and any other costs associated with producing and selling CBD wine products.

Key companies & market share insights

Some of the key companies operating in the CBD wine market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In June 2022, Sake Social launched its first-ever CBD-infused sparkling sake.

– In August 2022, Vinaera launched the world’s first CBD-infused white wine.

– In October 2022, Carpe Vino launched a CBD-infused red blend, which is the first of its kind in the US.

Some of the prominent players in the CBD wine market include:

– Sake Social
– Vinaera
– Carpe Vino
– Tierra
– O.N.E. Spirits
– CannaVine
– CBD Infused Wines
– Rebel Coast Winery
– Toast Wines
– Cannabella Wines

Global CBD Wine Market Segmentation

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global CBD wine products market based on product type, distribution channel, type, and region:

1. Product Type Outlook (Revenue, USD Million, 2017 – 2030)

– Sparkling Wines
– White Wines
– Red Wines
– Rose Wines

2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Online
– Others

3. Type Outlook (Revenue, USD Million, 2017 – 2030)

– Mass
– Premium

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

Frequently Asked Questions

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