The Croatia international has sustained a calf problem and has been replaced in Bayern's squad by 18-year-old Julian Green.
Mandzukic played 56 minutes of the Bavarians' 3-0 win at Borussia Dortmund on Saturday, before being replaced by Mario Gotze, who went on to score the opener on his return to Signal Iduna Park.
Pep Guardiola's side head into the Group D clash having already qualified for the round of 16 with four wins from as many games and another three points on Wednesday will seal top spot, if Manchester City slip up at home to Viktoria Plzen.
CSKA will hope that home advantage can help them secure third place, and UEFA Europa League football in the new year.
Mandzukic has scored 10 goals in 19 appearances this season, while his replacement, American-born Green, has netted 15 times in 18 outings for Bayern's reserve team and could make his professional debut.
‘Even though Kevin Keegan was my boyhood hero, we never really saw eye-to-eye. That was an underwhelming time for me – I felt on the outside’: Newcastle cult hero reveals disappointment over how things went under King Kev
Alexander Isak puts uncertainty over his Newcastle United future to bed amid fresh PSG and Arsenal links
