CBD wine, which combines the properties of CBD with traditional wine, has been forecast to see “explosive growth” in the next few years. According to a new report published by Allied Market Research, North America leads in consumption and analysts have stated that all eyes should be on the category since “CBD wine combines innovation with wellness, shaping the future of beverage consumption”. The report findings showed that the global CBD wine sector was valued at US$11.1 million in 2021 and is projected to reach US$112 billion by 2031, growing at a CAGR of 27.8% from 2022 to 2031. Analysts identified that CBD wine offers “significant potential for industry expansion” and pointed out that even though “the market is still in its early stages of development, during the projected period, its contribution to the overall market is anticipated to rise significantly”. Reasons for the rising consumer interest in the category have been outlined as being due to “a result of the expanding worldwide population and rising per capita income”. CBD wine typically involves infusing wine with CBD extract or isolates during the production process. Researchers noted that “this infusion allows for the integration of CBD’s therapeutic properties into the wine, creating a novel product that appeals to both wine enthusiasts and consumers interested in exploring the potential benefits of CBD”. The report highlighted how the “combination of CBD and wine introduces a new dimension to the wine-drinking experience, offering a blend of flavours and potential wellness benefits”. However, the researchers
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