Global CBD Water Market, By Type (Industrial Hemp-Derived, Medical Marijuana-Derived), Source (Marijuana, Hemp), Distribution Channel (Supermarket, Online Retail, Offline Retail) - Industry Trends and Forecast to 2030.
CBD Water Market Analysis and Size
CBD is defined as a chemical compound found in the cannabis plant. It does not produce the same high which is associated with THC or marijuana. CBD water is refers to a beverage that is infused with CBD particles and is one of the new additions in CBD products including oils, capsules and gummies among others.
Data Bridge Market Research analyses that the CBD Water market which was USD 3.62 billion in 2022, is likely to reach USD 7.88 billion by 2030, and is expected to undergo a CAGR of 10.21% during the forecast period of 2023 to 2030.“Industrial Hemp-Derived” dominates the type segment of the CBD Water market due to its legal status and lower tetrahydrocannabinol content, making it more widely accessible and acceptable. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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By Type (Industrial Hemp-Derived, Medical Marijuana-Derived), Source (Marijuana, Hemp), Distribution Channel (Supermarket, Online Retail, Offline Retail)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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CHARLOTTE’S WEB (U.S.), CV Sciences, Inc. (U.S.), Mary's Medicinals (U.S.), Gaia Botanicals, LLC (U.S.), TertraLabs (U.S.), HempMeds (U.S.), CBD Naturals (U.S.), ENDOCA (Netherlands), Cannabiniers (U.S.), Canopy Growth Corporation (Canada), Aphria Inc. (Canada), Daytrip Beverages (U.S.), Koios Beverage Corp. (U.S.), G&Juice (U.S.), Alkaline88, LLC (U.S.), CANNABIS SATIVA, INC (U.S.), Honeydrop Beverages (U.S.), K-Zen Beverages Inc. (U.S.), General Cannabis (U.S.), Aurora Cannabis (Canada), Tilray (Canada), Lagunitas Brewing Company (U.S.), CBD Biotechnology Co. Ltd (Taiwan), NewAge Inc. (U.S.), Phivida Holdings Inc. (Canada), Puration (U.S.), Sprig (U.S.), UbU Sparkling Beverages (U.S.).
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Market Opportunities
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Market Definition
CBD is defined as a chemical compound found in the cannabis plant. It does not produce the same high which is associated with THC or marijuana. CBD water is refers to a beverage that is infused with CBD particles and is one of the new additions in CBD products including oils, capsules and gummies among others.
Global CBD Water Market Dynamics
Driver
- Increasing consumer demand for cannabidiol (CBD) products
CBD is a non-psychoactive compound derived from the cannabis plant, and it has gained popularity for its potential health and wellness benefits, including pain relief, relaxation, and anxiety reduction. CBD-infused products, including CBD water, have gained traction as consumers seek alternative and natural remedies for various ailments and stress-related issues.
Opportunity
- Health and wellness trend
The health and wellness industry is experiencing strong growth as consumers become more health-conscious and seek natural alternatives to traditional pharmaceuticals. CBD is seen as a natural remedy that aligns with this trend, and CBD-infused water offers a convenient and easily consumable form of CBD.
Restraint/Challenge
- Quality and safety concerns
The lack of standardized regulations can make it challenging to ensure the quality and safety of CBD water products. Some may not contain the amount of CBD claimed on the label, or they may contain contaminants if not produced and tested to high standards.
This CBD Water market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the CBD Water market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In February 2020, Cloud Water Brands has expanded its presence in the CBD water market by introducing a new flavor, Aztec Chocolate & Strawberry, to its product lineup. The company has strategically broadened its distribution footprint through partnerships with distributors such as Big Geyser in the New York metro area, southern California distributors, and Sysco in Florida. Cloud Water's beverages, now available in four unique flavors, contain 25mg of bioavailable CBD alongside all-natural ingredients and botanicals. They are gluten-free, non-GMO, kosher, and sweetened with organic honey, catering to health-conscious consumers with only 40 calories per 12oz bottle
Global CBD Water Market Scope
The CBD Water market is segmented on the basis of type, source and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Industrial Hemp-Derived
- Medical Marijuana-Derived
Source
- Marijuana
- Hemp
Distribution Channel
- Supermarket
- Online Retail
- Offline Retail
Global CBD Water Market Region Analysis/Insights
The CBD Water market is analysed and market size insights and trends are provided by type, source and distribution channel are referenced above.
The countries covered in the CBD Water market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
North America is expected to dominate the CBD Water market due to rise in consumption of ready-to-eat snacks and beverages infused with CBD, legalized utilization of cannabis for medicinal and recreational applications and high awareness in the region.
Europe is expected to show the highest growth rate in the CBD Water market because of the growing popularity of the beverages, rise in awareness regarding health and wellness and changing lifestyle and eating habits in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global CBD Water Market Share Analysis
The CBD Water market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the CBD Water market.
Some of the major players operating in the CBD Water market are:
- CHARLOTTE’S WEB (U.S.)
- CV Sciences, Inc. (U.S.)
- Mary's Medicinals (U.S.)
- Gaia Botanicals, LLC (U.S.)
- TertraLabs (U.S.)
- HempMeds (U.S.)
- CBD Naturals (U.S.)
- ENDOCA (Netherlands)
- Cannabiniers (U.S.)
- Canopy Growth Corporation (Canada)
- Aphria Inc. (Canada)
- Daytrip Beverages (U.S.)
- Koios Beverage Corp. (U.S.)
- G&Juice (U.S.)
- Alkaline88, LLC (U.S.)
- CANNABIS SATIVA, INC (U.S.)
- Honeydrop Beverages (U.S.)
- K-Zen Beverages Inc. (U.S.)
- General Cannabis (U.S.)
- Aurora Cannabis (Canada)
- Tilray (Canada)
- Lagunitas Brewing Company (U.S.)
- CBD Biotechnology Co. Ltd (Taiwan)
- NewAge Inc. (U.S.)
- Phivida Holdings Inc. (Canada)
- Puration (U.S.)
- Sprig (U.S.)
- UbU Sparkling Beverages (U.S.)
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