CBD Water Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Hemp-Derived, Marijuana-Derived), By Distribution Channel (Online and Offline), By Region, By Competition, 2019-2029F

Industry : Consumer Goods and Retail
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Published Date : NA

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Report Description

Forecast Period	2025-2029
Market Size (2023)	USD 3.98 Billion
CAGR (2024-2029)	10.2%
Fastest Growing Segment	Online
Largest Market	Asia Pacific
Market Size (2029)	USD 7.12 Billion

Market Overview

Global CBD Water Market was valued at USD 3.98 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 10.2% through 2029. The global CBD water market has seen exponential growth in recent years, propelled by the rising popularity of cannabidiol (CBD) products and the increasing consumer interest in wellness beverages. CBD-infused water, touted for its potential health benefits and convenience, has emerged as a significant segment within the broader CBD market.

Consumers are increasingly seeking natural and holistic approaches to wellness, driving the demand for CBD-infused products. CBD water, known for its potential calming and anti-inflammatory properties, attracts health-conscious consumers seeking alternative wellness beverages.

CBD water offers a convenient consumption method for CBD, eliminating the need for traditional oil-based CBD products or capsules. The ready-to-drink format appeals to consumers looking for an easily accessible and discreet way to incorporate CBD into their daily routine.

Companies are innovating by introducing new formulations, flavors, and packaging designs to cater to diverse consumer preferences. Variants with added vitamins, electrolytes, or other functional ingredients further enhance the appeal of CBD water in the functional beverage market.

Navigating the complex and evolving regulatory landscape surrounding CBD products remains a challenge for market players. Varying regulations across different regions impact product formulation, labeling, and market access, creating hurdles for market growth.

Educating consumers about the benefits and safety of CBD-infused water is crucial. Building trust and awareness about CBD's therapeutic potential and ensuring transparency regarding product quality and sourcing are essential for market expansion.

The market for CBD water is expanding across various regions, with North America leading in market share due to favorable regulatory developments and consumer acceptance of CBD products. Europe and Asia-Pacific also exhibit growing interest in CBD-infused beverages, though regulatory complexities pose challenges in some regions.

The global CBD water market is poised for continued growth, driven by increasing consumer acceptance, ongoing product innovation, and a growing body of research supporting CBD's potential health benefits. However, market players will need to address regulatory hurdles, invest in consumer education, and ensure product quality to sustain and expand market penetration.

The global CBD water market represents a burgeoning segment within the broader CBD industry, driven by consumer wellness trends, convenience, and product innovation. While facing regulatory challenges, the market's future looks promising as companies focus on meeting consumer demand for convenient, functional, and health-oriented CBD-infused beverages.

Key Market Drivers

Health and Wellness Trends

One of the primary drivers behind the exponential growth of the global CBD water market is the increasing focus on health and wellness. Consumers worldwide are seeking natural and holistic remedies to enhance their well-being, and CBD-infused products have emerged as a popular choice. CBD (cannabidiol), derived from the cannabis plant, is recognized for its potential health benefits, including stress relief, anxiety reduction, and aiding in relaxation. CBD water, specifically, combines the hydrating properties of water with the potential therapeutic effects of CBD, appealing to health-conscious consumers looking for convenient and innovative ways to incorporate CBD into their daily routines.

Rising Demand for Functional Beverages

The growing demand for functional beverages has significantly contributed to the surge in the CBD water market. Consumers are increasingly seeking beverages that offer more than just hydration—they want functional benefits. CBD-infused water taps into this demand by offering a refreshing beverage infused with cannabidiol, positioning itself as a functional beverage that not only hydrates but also potentially offers relaxation and stress-relief properties. As consumers prioritize wellness-enhancing products, CBD water stands out as an appealing option, leading to its rapid market growth.

Legalization and Regulatory Shifts

The changing regulatory landscape and increased legalization of cannabis-related products, including CBD, have played a pivotal role in driving the expansion of the global CBD water market. As various countries and regions legalize the use of CBD for medicinal and recreational purposes or ease restrictions on cannabis-related products, it opens doors for the production, sale, and distribution of CBD-infused beverages like CBD water. This shift in regulations has created a more conducive environment for companies to introduce CBD water into the market, expanding its availability and accessibility to a broader consumer base.

Market Adaptation and Product Innovation

Another crucial driver fueling the growth of the CBD water market is the industry's ability to adapt and innovate. Companies are continuously developing new formulations, enhancing the bioavailability of CBD in water, and improving taste profiles to cater to consumer preferences. Innovative packaging, such as eco-friendly bottles or convenient single-serving sizes, further contributes to the market's expansion by attracting consumers seeking convenient and sustainable options. Additionally, collaborations between CBD manufacturers and beverage companies have led to the creation of new CBD-infused water products, leveraging the expertise of both industries to meet evolving consumer demands and preferences.

The global CBD water market's rapid growth is propelled by various drivers, including the increasing emphasis on health and wellness, rising demand for functional beverages, regulatory shifts favoring CBD products, and continuous innovation within the industry. As consumer awareness about CBD's potential benefits grows and regulations continue to evolve, the CBD water market is poised for further expansion, with companies innovating to offer enhanced products that cater to the demands of health-conscious consumers seeking functional and refreshing beverage options.

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Key Market Challenges

Regulatory Uncertainty and Compliance

One of the primary challenges confronting the global CBD water market is the regulatory landscape, which remains uncertain and often ambiguous. CBD, derived from hemp, faces varying legal statuses across different regions and countries. Regulations governing the production, distribution, and marketing of CBD-infused products, including CBD water, differ significantly worldwide.

In many jurisdictions, the legality of CBD is evolving, leading to inconsistencies and complexities for manufacturers and distributors. Regulations often lack clarity on CBD dosages, labeling requirements, THC content limits, and permissible marketing claims. This lack of regulatory uniformity creates barriers for companies seeking to enter or expand within the CBD water market, hindering investment and market growth.

Compliance with evolving regulations is a significant challenge for businesses operating in this space. Ensuring adherence to diverse regulatory frameworks across multiple regions demands substantial resources, expertise, and a proactive approach to legal compliance. The absence of standardized regulations poses hurdles in scaling operations and limits market reach for CBD water manufacturers and distributors.

Consumer Education and Perception

Another challenge facing the global CBD water market is the need for extensive consumer education and the management of perception surrounding CBD-infused products. Despite growing interest, a segment of consumers remains unfamiliar with CBD's properties, benefits, and potential uses. Misinformation, misconceptions, and stigmas associated with cannabis-derived products persist in various parts of the world.

Consumer perception of CBD's legality, safety, and efficacy influences purchasing decisions. Manufacturers encounter difficulties in establishing trust and credibility due to the lack of comprehensive knowledge among consumers. Moreover, varying interpretations of CBD's effects and concerns regarding potential side effects contribute to consumer hesitancy in adopting CBD-infused products like CBD water.

Addressing these challenges requires robust educational campaigns, transparent communication about product quality, safety, and benefits, and building trust with consumers. Companies investing in consumer education initiatives play a crucial role in dispelling myths and fostering an informed consumer base that understands the potential benefits of CBD water.

Product Quality, Standardization, and Research

Maintaining consistent product quality and ensuring standardization in CBD-infused products like CBD water presents a significant challenge. Factors such as sourcing high-quality CBD, achieving accurate dosing, and preserving CBD's stability in water-based formulations require rigorous research and development efforts.

Moreover, limited scientific research and conclusive evidence on the efficacy, optimal dosages, and potential interactions of CBD with other substances pose challenges. Ascertaining the appropriate concentration of CBD in water, its bioavailability, and its therapeutic effects requires further clinical studies and research.

The lack of standardized testing methods, quality control measures, and industry-wide standards for CBD water production impedes uniformity in product quality. Companies investing in research, product development, and establishing quality assurance protocols face a challenge in navigating this uncharted territory while striving to create reliable and effective CBD water products.

Key Market Trends

Growing Popularity of Functional Beverages

One of the prominent trends in the global CBD water market is the surging popularity of functional beverages, particularly those infused with CBD. Consumers are increasingly seeking functional drinks that offer health benefits beyond basic hydration. CBD water fits into this trend by offering the potential benefits associated with CBD, such as relaxation, stress relief, and potential wellness enhancements.

The rise of wellness culture and a focus on holistic health approaches have contributed significantly to the demand for functional beverages like CBD water. Consumers are drawn to the idea of incorporating CBD into their daily routines as a convenient and enjoyable way to potentially improve their well-being.

The trend toward functional beverages extends beyond mere hydration, appealing to consumers looking for innovative ways to address specific health concerns. CBD-infused water stands out as an attractive option for those seeking a wellness-focused beverage with the added potential benefits attributed to CBD.

Market Expansion and Diverse Product Offerings

Another notable trend in the global CBD water market is the rapid expansion of product offerings and market presence. The market has witnessed a proliferation of CBD water products, with various brands entering the space to capitalize on the growing demand.

Manufacturers are innovating by introducing diverse CBD water formulations, incorporating different CBD concentrations, flavor profiles, and additional functional ingredients. This trend toward product diversification aims to cater to distinct consumer preferences, offering options ranging from flavored sparkling CBD water to still, flavored, or vitamin-infused CBD waters.

Moreover, the market expansion isn't limited to established brands; it includes startups and new players entering the CBD water segment. The competitive landscape is evolving as companies leverage marketing strategies, packaging innovations, and product differentiation to capture market share and meet diverse consumer demands.

Regulatory Developments and Industry Standards

Regulatory developments and the establishment of industry standards represent a crucial trend shaping the global CBD water market. The regulatory landscape surrounding CBD-infused products, including beverages like CBD water, remains dynamic and varies significantly across regions and countries.

The trend toward clearer regulations and standardized practices is gaining importance as stakeholders seek to ensure product safety, quality, and compliance with legal frameworks. Industry associations and regulatory bodies are actively working to establish guidelines and standards for CBD-infused beverages, addressing issues related to CBD sourcing, manufacturing processes, labeling, and dosage.

Moreover, increased scrutiny from regulatory authorities necessitates transparent and compliant operations within the CBD water market. Adherence to quality control measures, third-party testing, and compliance with regional regulations are becoming pivotal factors influencing consumer trust and market acceptance of CBD-infused beverages.

The global CBD water market showcases transformative trends driven by the rising demand for functional beverages, the expansion of diverse product offerings, and the evolution of regulatory frameworks and industry standards. As the market continues to evolve, these trends will likely shape the trajectory of the CBD water segment, influencing consumer choices, market dynamics, and the overall growth and development of CBD-infused beverage products.

Segmental Insights

Type Insights

Hemp-derived CBD water has emerged as a significant player in the global CBD water market due to several key factors that have contributed to its prominence:

Hemp-derived CBD water gains its significance from the source of its cannabidiol (CBD). Hemp, a variety of the cannabis plant with low THC levels, serves as a legal and widely accepted source for extracting CBD. Given the legality and ease of sourcing CBD from hemp, products like CBD water derived from hemp extracts have gained traction, especially in regions with stringent regulations concerning cannabis-derived CBD.

CBD-infused water, known for its potential health and wellness benefits, appeals to health-conscious consumers seeking natural remedies for various conditions. The perceived therapeutic properties of CBD, such as stress relief, relaxation, and potential pain management, drive consumer interest in CBD water. Hemp-derived CBD water aligns with consumer preferences for natural, plant-based solutions, enhancing its market share.

The legality and regulatory compliance of hemp-derived CBD have influenced its market share in the CBD water segment. In regions where cannabis-derived CBD faces stricter regulations, hemp-derived CBD water products offer a viable and legally accepted alternative. This legal status has facilitated market penetration and acceptance in various jurisdictions.

Hemp-derived CBD water benefits from its wide accessibility in markets where regulations favor hemp-derived CBD products. The availability of these products through retail outlets, online platforms, and specialized stores ensures consumer access, contributing to its substantial share in the CBD water market.

Consumer preferences for CBD-infused beverages, particularly water-based products, have prompted manufacturers to innovate and develop hemp-derived CBD water. Companies invest in research and development to create formulations that offer consistent CBD dosages, improved bioavailability, and enhanced taste profiles, catering to evolving consumer demands.

Hemp-derived CBD water brands emphasize transparency in sourcing, production, and testing processes. Rigorous testing protocols and adherence to quality standards ensure that consumers receive safe and high-quality CBD water products, enhancing consumer trust and confidence in the hemp-derived CBD segment.

The significant share of hemp-derived CBD water in the global CBD water market is attributed to its legal status, perceived wellness benefits, accessibility, consumer preferences for natural remedies, product innovation, transparency in manufacturing, and quality assurance. As the CBD market continues to evolve and regulations change, the hemp-derived CBD segment maintains its influential position, catering to a diverse consumer base seeking CBD-infused products for health and wellness benefits.

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Regional Insights

The Asia-Pacific region has emerged as a significant player in the global CBD water market, showcasing notable growth and influence due to various factors:

Asia-Pacific has seen a gradual but steady acceptance of CBD (cannabidiol) products, including CBD-infused water. Despite initial hesitancy due to regulatory concerns and cultural perceptions surrounding cannabis-derived products, the region is witnessing a shift in attitudes toward CBD's potential health benefits, leading to a rising adoption of CBD-infused beverages like CBD water.

The region's vast population and growing consumer awareness of wellness trends have propelled interest in health-centric products, including CBD-infused beverages. Consumers in Asia-Pacific increasingly seek functional beverages like CBD water, driven by an interest in natural remedies and wellness-enhancing properties attributed to CBD.

Asia-Pacific countries are gradually revisiting their regulatory frameworks around CBD products, easing restrictions, and creating pathways for legal market entry. Some nations have taken steps to decriminalize or regulate CBD, fostering a more favorable environment for CBD-infused products, including CBD water, thereby encouraging market growth.

Asia-Pacific's diverse markets, including countries like Japan, South Korea, Australia, and India, offer significant opportunities for CBD water manufacturers. The region's expanding middle-class population, coupled with increasing disposable incomes and changing lifestyle choices, fuels the demand for novel wellness beverages.

Manufacturers in the Asia-Pacific region focus on product innovation, offering various formulations and flavors of CBD water to cater to diverse consumer preferences. These companies invest in research and development to enhance the efficacy, taste, and overall appeal of CBD-infused beverages, facilitating market penetration.

The region's evolving retail landscape, including e-commerce platforms and specialty health stores, contributes to the accessibility and distribution of CBD water. Companies leverage these channels to reach a broader consumer base, creating more opportunities for consumers to access CBD-infused beverages.

Asia-Pacific's significant share in the global CBD water market reflects the region's growing acceptance of CBD products, evolving regulatory landscapes, consumer awareness of wellness trends, and the expanding market potential for functional beverages. As attitudes continue to shift positively and regulatory environments become more accommodating, Asia-Pacific remains poised for continued growth and influence in the global CBD water industry.

Recent Developments

In 2023, Sappe released SAPPE Keaf, a functional beverage with CBD extract, in two flavours. The drink is sugar-free, energy-free, and fat-free, targeting Gen-Y and general consumers, available at 7-11 stores for 25 baht per 400ml bottle.

In 2023, Cape Sativa, a Black-owned brand, release CBD water, using patented nanotechnology to create a 100% bioavailable water named Equivex Aqua. This breakthrough allows for the full benefits of CBD to be consumed easily, opening up new possibilities for CBD-infused products in various forms. The company plans to expand its product line and enter the U.S. market, aiming to change the landscape of the cannabis industry while promoting diversity and innovation.

Key Market Players

Charlotte's Web, Inc.
CV Sciences, Inc.
Mary's Medicinals
Gaia Botanicals, LLC
TertraLabs
HempMeds
CBD Naturals
ENDOCA LLC
Canopy Growth Corporation
Tilray, Inc

By Type	By Distribution Channel	By Region
Hemp-Derived Marijuana-Derived	Online Offline	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the global CBD Water market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

CBD Water Market, By Type:

o Hemp-Derived

o Marijuana-Derived

CBD Water Market, By Distribution Channel:

o Online

o Offline

CBD Water Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

o Asia-Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Turkey

§ Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global CBD Water market.

Available Customizations:

Global CBD Water Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global CBD Water Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Introduction

1.1. Product Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Voice of Customer

4.1. Factors Influencing Purchase Decision

4.2. Challenges Faced Post Purchase

4.3. Brand Awareness

5. Global CBD Water Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Type Market Share Analysis (Hemp-Derived, Marijuana-Derived)

5.2.2. By Distribution Channel Market Share Analysis (Online and Offline)

5.2.3. By Regional Market Share Analysis

5.2.3.1. North America Market Share Analysis

5.2.3.2. South America Market Share Analysis

5.2.3.3. Middle East & Africa Market Share Analysis

5.2.3.4. Europe Market Share Analysis

5.2.3.5. Asia-Pacific Market Share Analysis

5.2.4. By Top 5 Companies Market Share Analysis, Others (2023)

5.3. Global CBD Water Market Mapping & Opportunity Assessment

5.3.1. By Type Market Mapping & Opportunity Assessment

5.3.2. By Distribution Channel Market Mapping & Opportunity Assessment

5.3.3. By Regional Market Mapping & Opportunity Assessment

6. North America CBD Water Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type Market Share Analysis

6.2.2. By Distribution Channel Market Share Analysis

6.2.3. By Country Market Share Analysis

6.3. North America: Country Analysis

6.3.1. United States CBD Water Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Type Market Share Analysis

6.3.1.2.2. By Distribution Channel Market Share Analysis

6.3.2. Canada CBD Water Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Type Market Share Analysis

6.3.2.2.2. By Distribution Channel Market Share Analysis

6.3.3. Mexico CBD Water Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Type Market Share Analysis

6.3.3.2.2. By Distribution Channel Market Share Analysis

7. Europe CBD Water Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type Market Share Analysis

7.2.2. By Distribution Channel Market Share Analysis

7.2.3. By Country Market Share Analysis

7.3. Europe: Country Analysis

7.3.1. Germany CBD Water Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Type Market Share Analysis

7.3.1.2.2. By Distribution Channel Market Share Analysis

7.3.2. United Kingdom CBD Water Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Type Market Share Analysis

7.3.2.2.2. By Distribution Channel Market Share Analysis

7.3.3. Italy CBD Water Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Type Market Share Analysis

7.3.3.2.2. By Distribution Channel Market Share Analysis

7.3.4. France CBD Water Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Type Market Share Analysis

7.3.4.2.2. By Distribution Channel Market Share Analysis

7.3.5. Spain CBD Water Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Type Market Share Analysis

7.3.5.2.2. By Distribution Channel Market Share Analysis

8. Asia-Pacific CBD Water Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type Market Share Analysis

8.2.2. By Distribution Channel Market Share Analysis

8.2.3. By Country Market Share Analysis

8.3. Asia-Pacific: Country Analysis

8.3.1. China CBD Water Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Type Market Share Analysis

8.3.1.2.2. By Distribution Channel Market Share Analysis

8.3.2. India CBD Water Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Type Market Share Analysis

8.3.2.2.2. By Distribution Channel Market Share Analysis

8.3.3. Japan CBD Water Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Type Market Share Analysis

8.3.3.2.2. By Distribution Channel Market Share Analysis

8.3.4. South Korea CBD Water Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Type Market Share Analysis

8.3.4.2.2. By Distribution Channel Market Share Analysis

8.3.5. Australia CBD Water Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Type Market Share Analysis

8.3.5.2.2. By Distribution Channel Market Share Analysis

9. South America CBD Water Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Type Market Share Analysis

9.2.2. By Distribution Channel Market Share Analysis

9.2.3. By Country Market Share Analysis

9.3. South America: Country Analysis

9.3.1. Brazil CBD Water Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Type Market Share Analysis

9.3.1.2.2. By Distribution Channel Market Share Analysis

9.3.2. Argentina CBD Water Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Type Market Share Analysis

9.3.2.2.2. By Distribution Channel Market Share Analysis

9.3.3. Colombia CBD Water Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Type Market Share Analysis

9.3.3.2.2. By Distribution Channel Market Share Analysis

10. Middle East and Africa CBD Water Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Type Market Share Analysis

10.2.2. By Distribution Channel Market Share Analysis

10.2.3. By Country Market Share Analysis

10.3. MEA: Country Analysis

10.3.1. South Africa CBD Water Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Type Market Share Analysis

10.3.1.2.2. By Distribution Channel Market Share Analysis

10.3.2. Saudi Arabia CBD Water Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Type Market Share Analysis

10.3.2.2.2. By Distribution Channel Market Share Analysis

10.3.3. UAE CBD Water Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Type Market Share Analysis

10.3.3.2.2. By Distribution Channel Market Share Analysis

10.3.4. Turkey CBD Water Market Outlook

10.3.4.1. Market Size & Forecast

10.3.4.1.1. By Value

10.3.4.2. Market Share & Forecast

10.3.4.2.1. By Type Market Share Analysis

10.3.4.2.2. By Distribution Channel Market Share Analysis

10.3.5. Egypt CBD Water Market Outlook

10.3.5.1. Market Size & Forecast

10.3.5.1.1. By Value

10.3.5.2. Market Share & Forecast

10.3.5.2.1. By Type Market Share Analysis

10.3.5.2.2. By Distribution Channel Market Share Analysis

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

13. SWOT Analysis

13.1. Strength

13.2. Weakness

13.3. Opportunity

13.4. Threat

14. Competitive Landscape

14.1. Company Profiles

14.1.1. Charlotte's Web, Inc.

14.1.1.1. Company Details

14.1.1.2. Products & Services

14.1.1.3. Financials (As Per Availability)

14.1.1.4. Key Market Focus & Geographical Presence

14.1.1.5. Recent Developments

14.1.1.6. Key Management Personnel

14.1.2. CV Sciences, Inc.

14.1.2.1. Company Details

14.1.2.2. Products & Services

14.1.2.3. Financials (As Per Availability)

14.1.2.4. Key Market Focus & Geographical Presence

14.1.2.5. Recent Developments

14.1.2.6. Key Management Personnel

14.1.3. Mary's Medicinals

14.1.3.1. Company Details

14.1.3.2. Products & Services

14.1.3.3. Financials (As Per Availability)

14.1.3.4. Key Market Focus & Geographical Presence

14.1.3.5. Recent Developments

14.1.3.6. Key Management Personnel

14.1.4. Gaia Botanicals, LLC

14.1.4.1. Company Details

14.1.4.2. Products & Services

14.1.4.3. Financials (As Per Availability)

14.1.4.4. Key Market Focus & Geographical Presence

14.1.4.5. Recent Developments

14.1.4.6. Key Management Personnel

14.1.5. TertraLabs

14.1.5.1. Company Details

14.1.5.2. Products & Services

14.1.5.3. Financials (As Per Availability)

14.1.5.4. Key Market Focus & Geographical Presence

14.1.5.5. Recent Developments

14.1.5.6. Key Management Personnel

14.1.6. HempMeds

14.1.6.1. Company Details

14.1.6.2. Products & Services

14.1.6.3. Financials (As Per Availability)

14.1.6.4. Key Market Focus & Geographical Presence

14.1.6.5. Recent Developments

14.1.6.6. Key Management Personnel

14.1.7. CBD Naturals

14.1.7.1. Company Details

14.1.7.2. Products & Services

14.1.7.3. Financials (As Per Availability)

14.1.7.4. Key Market Focus & Geographical Presence

14.1.7.5. Recent Developments

14.1.7.6. Key Management Personnel

14.1.8. ENDOCA LLC

14.1.8.1. Company Details

14.1.8.2. Products & Services

14.1.8.3. Financials (As Per Availability)

14.1.8.4. Key Market Focus & Geographical Presence

14.1.8.5. Recent Developments

14.1.8.6. Key Management Personnel

14.1.9. Canopy Growth Corporation

14.1.9.1. Company Details

14.1.9.2. Products & Services

14.1.9.3. Financials (As Per Availability)

14.1.9.4. Key Market Focus & Geographical Presence

14.1.9.5. Recent Developments

14.1.9.6. Key Management Personnel

14.1.10. Tilray, Inc

14.1.10.1. Company Details

14.1.10.2. Products & Services

14.1.10.3. Financials (As Per Availability)

14.1.10.4. Key Market Focus & Geographical Presence

14.1.10.5. Recent Developments

14.1.10.6. Key Management Personnel

15. Strategic Recommendations

15.1. Key Focus Areas

15.2. Target Type

15.3. Target Distribution Channel

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the global CBD water market in 2023?

The market size of the global CBD water market was estimated to be USD 3.98 billion in 2023.

What are the trends in the global CBD water market?

In the global CBD water market, a notable trend includes increasing consumer demand for wellness-focused beverages, driving the innovation and expansion of CBD-infused water products. Additionally, regulatory shifts and evolving attitudes toward CBD contribute to the market's growth and penetration in diverse regions worldwide.

What are the challenges in the global CBD water market?

Challenges in the global CBD water market include regulatory complexities and varying legal frameworks across regions, as well as the need for extensive education to overcome misconceptions and build consumer trust in CBD-infused beverages.

What are the major drivers for the global CBD water market?

The major drivers for the global CBD water market include increasing consumer interest in wellness beverages and the gradual relaxation of regulations around CBD-infused products, fostering a favorable market environment for their adoption and growth.

Related Reports

Parvati Sharma

Account Manager BD

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Press Release

CBD Water Market to Grow with a CAGR of 10.2% Globally through 2029

Jun, 2024

Global CBD Water Market is thriving due to the factors such as increasing emphasis on health and wellness, rising demand for functional beverages, regulatory shifts favoring CBD products