To provide consumers a variety of products and create creative solutions, international brands are adding new categories of CBD-infused beverages
PORTLAND, 5933 NE WIN SIVERS DRIVE, #205, OR 97220, UNITED STATES, February 7, 2023 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “CBD Wine Market,” The global CBD wine market size was valued at $11,100 thousand in 2021, and is projected to reach $112,458.2 thousand by 2031, growing at a CAGR of 27.8% from 2022 to 2031.
Exporters in both developed and developing nations faced a number of difficulties as a result of the COVID-19 epidemic. The implementation of lockdown and curfew procedures on a global scale had an impact on both domestic and foreign manufacture of CBD wine, which in turn hindered market expansion. As a result, the COVID-19 epidemic had a negative influence on the CBD wine market in 2020 as a result of decreased company sales and operations being suspended.
Top Key Players –
The major players analyzed for global CBD wine industry are Aurora Cannabis, Inc., Bodegas Santa Margarita, Callmewine, Cannavine, Cry Baby Wine, Diageo, DrinkSipC, Heineken NV, Hempfy, Hexo Corporation, House of Saka, Lagunitas, Molson Coors Beverage Company, Rebel Wine.Co.UK, and Wines of Uruguay.
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