Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 198.78 Million

Market Size (2029)

USD 383.58 Million

CAGR (2024-2029)

11.75%

Fastest Growing Segment

Dogs

Largest Market

North America

Market Overview

Global CBD Pet Market was valued at USD 198.78 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 11.75% through 2029. The global CBD pet market has experienced substantial growth in recent years, propelled by increasing consumer awareness of the potential health benefits of cannabidiol (CBD) for pets. CBD, a non-psychoactive compound derived from the cannabis plant, has gained traction as a natural remedy for various ailments in pets, including anxiety, pain, inflammation, seizures, and skin conditions. This burgeoning market is driven by several factors, including the growing acceptance of CBD products among veterinarians and pet owners, coupled with a rising preference for natural and holistic pet care solutions. The expanding legalization of cannabis for medicinal and recreational purposes in several countries has contributed to the proliferation of CBD pet products. These products come in various forms, including oils, treats, capsules, and topical creams, offering pet owners a wide range of options to administer CBD to their furry companions. The market is witnessing intense competition among key players, leading to innovative product formulations and strategic collaborations to enhance market presence and gain a competitive edge.

The increasing availability of CBD pet products through online channels and pet specialty stores has further fueled market growth, providing consumers with convenient access to a diverse range of products catering to their pets' specific needs. As pet owners increasingly prioritize their pets' well-being and seek alternative healthcare options, the demand for CBD pet products is expected to continue its upward trajectory in the foreseeable future. However, despite the promising growth prospects, the market faces certain challenges, including regulatory uncertainties regarding the legal status of CBD products for pets in different jurisdictions, as well as concerns regarding product safety, quality, and efficacy. Addressing these challenges will be crucial for industry stakeholders to maintain consumer trust and sustain long-term growth in the global CBD pet market. Overall, with evolving consumer preferences, expanding product offerings, and growing acceptance among veterinarians, the CBD pet market presents lucrative opportunities for businesses aiming to capitalize on the burgeoning demand for natural and holistic pet care solutions worldwide.

Key Market Drivers

Growing Awareness and Acceptance of CBD for Pets

Growing awareness and acceptance of CBD for pets are significant contributors to the burgeoning global CBD pet market. As pet owners become increasingly informed about alternative health and wellness options, they are turning to CBD products to address various ailments affecting their furry companions. This growing awareness is fueled by a plethora of factors, including widespread media coverage, anecdotal evidence from satisfied pet owners, and a growing body of scientific research highlighting the potential therapeutic benefits of CBD for pets.

Media coverage plays a crucial role in disseminating information about CBD for pets to a broader audience. Features in mainstream media outlets, as well as coverage in pet-centric publications and online platforms, have helped to raise awareness about CBD's potential benefits for pets. Stories of pet owners experiencing positive outcomes after incorporating CBD into their pets' wellness routines serve to normalize its usage and encourage others to explore CBD as a viable option for their pets' health needs. Anecdotal evidence from pet owners who have witnessed firsthand the positive effects of CBD on their pets' health and well-being has played a pivotal role in driving acceptance and demand for CBD pet products. Personal testimonials shared through social media, online forums, and word-of-mouth recommendations serve as powerful endorsements that resonate with pet owners seeking alternative solutions to conventional pet care.

A growing body of scientific research provides empirical evidence supporting the efficacy and safety of CBD for pets. Studies examining the potential therapeutic effects of CBD on various pet health conditions, such as anxiety, pain, inflammation, seizures, and skin disorders, have bolstered confidence in CBD's efficacy among pet owners and veterinarians alike. This scientific validation helps to dispel myths and misconceptions surrounding CBD, further driving acceptance and adoption of CBD pet products. As awareness of CBD for pets continues to grow, so does acceptance among pet owners and veterinarians. Pet owners are increasingly open to exploring natural and holistic alternatives to conventional pet care, and CBD products offer a compelling solution. Veterinarians are increasingly incorporating CBD into their treatment protocols, recognizing its potential to complement traditional therapies and improve the overall health and well-being of their patients.

Rising Demand for Natural and Holistic Pet Care Solutions

The rising demand for natural and holistic pet care solutions is a significant driver behind the growth of the global CBD pet market. Pet owners are increasingly seeking alternatives to conventional pharmaceuticals and treatments, opting instead for products that align with their pets' natural biology and wellness needs. This shift in consumer preferences is driven by several factors, including a growing awareness of the potential risks associated with synthetic ingredients and chemicals in traditional pet care products, as well as a desire to provide their pets with the best possible care.

CBD pet products, derived from natural sources such as hemp, resonate with pet owners seeking natural and holistic solutions for their furry companions. CBD is prized for its purported therapeutic properties, including its ability to alleviate symptoms associated with anxiety, pain, inflammation, seizures, and skin conditions in pets, all without the potential side effects associated with some pharmaceutical medications. As pet owners become increasingly aware of these benefits, they are turning to CBD pet products as a safe and effective alternative to conventional treatments. The growing popularity of natural and holistic pet care extends beyond CBD products to encompass a wide range of holistic therapies and wellness practices. From acupuncture and massage therapy to herbal supplements and raw diets, pet owners are embracing a holistic approach to pet health and wellness that prioritizes preventive care and natural remedies. CBD fits seamlessly into this holistic paradigm, offering pet owners another tool in their arsenal for promoting their pets' overall health and well-being.

As the human wellness industry continues to embrace natural and holistic approaches to health and wellness, pet owners are increasingly seeking similar options for their pets. The "humanization" of pets has led to a greater emphasis on providing pets with the same level of care and attention that one would provide to a family member. This includes a growing interest in natural and organic products, including CBD, that are perceived as safer and healthier alternatives to conventional pet care products.

Expanding Legalization of Cannabis

The expanding legalization of cannabis is a significant factor driving the growth of the global CBD pet market. As more countries and states legalize cannabis for medicinal and recreational purposes, the stigma surrounding cannabis-derived products, including CBD, diminishes. This regulatory shift not only opens up new markets for CBD pet products but also paves the way for increased research, innovation, and product development within the industry. One of the primary ways in which the expanding legalization of cannabis boosts the CBD pet market is by increasing consumer access to CBD products. In jurisdictions where cannabis is legal, pet owners have greater access to a wider variety of CBD pet products, including oils, treats, capsules, and topical formulations. This accessibility encourages more pet owners to explore CBD as a potential solution for their pets' health and wellness needs, driving demand for CBD pet products on a global scale.

The legalization of cannabis fosters a more favorable regulatory environment for CBD pet products. As cannabis regulations become more lenient, regulatory barriers to the production, distribution, and sale of CBD pet products are reduced, enabling companies to operate more freely within the market. This regulatory clarity and stability attract investment and spur innovation within the industry, leading to the development of new and improved CBD pet products that better meet the needs of pet owners and their furry companions.

The expanding legalization of cannabis facilitates greater collaboration and partnership opportunities within the CBD pet industry. Companies specializing in cannabis cultivation, extraction, and manufacturing can leverage their expertise and infrastructure to produce high-quality CBD extracts for use in pet products. Likewise, partnerships between cannabis companies and pet product manufacturers can lead to the development of innovative CBD pet formulations and delivery methods that enhance efficacy and appeal to pet owners.

The expanding legalization of cannabis fuels public perception and acceptance of CBD as a viable health and wellness supplement for pets. As cannabis becomes increasingly normalized in society, pet owners are more willing to consider CBD as a natural alternative to conventional pharmaceuticals and treatments. This growing acceptance further drives demand for CBD pet products, contributing to the overall growth of the global CBD pet market.

 


Download Free Sample Report

Key Market Challenges

Regulatory Uncertainty

One of the primary challenges facing the global CBD pet market is regulatory uncertainty surrounding the legal status of CBD products for pets. While CBD derived from hemp is legal in many countries, regulations governing the production, distribution, and sale of CBD pet products vary widely between jurisdictions. This lack of uniformity creates confusion and complexity for businesses operating in the CBD pet industry, leading to compliance challenges and hindering market growth.

The regulatory landscape is constantly evolving, with new laws and regulations being introduced at the local, national, and international levels. This dynamic regulatory environment poses significant challenges for CBD pet companies, as they must navigate a patchwork of regulations while ensuring compliance with applicable laws. Regulatory uncertainty can deter investment in the CBD pet market, as investors may be hesitant to commit capital to an industry that lacks clear regulatory oversight.

Product Safety and Quality

Another significant challenge facing the global CBD pet market is ensuring the safety and quality of CBD pet products. With the rapid proliferation of CBD pet brands and products, concerns have arisen regarding product consistency, potency, and contamination. Poorly manufactured or adulterated CBD pet products pose risks to pet health and safety, eroding consumer trust and damaging the reputation of the industry. To address the challenge of product safety and quality, CBD pet companies must implement robust quality control measures throughout the production process. This includes sourcing high-quality hemp, conducting rigorous testing for potency and purity, and adhering to good manufacturing practices (GMP). Transparency is key, with companies providing clear and accurate information about their products' ingredients, manufacturing processes, and third-party testing results. By prioritizing product safety and quality, CBD pet companies can build trust with consumers and differentiate themselves in a crowded market.

Key Market Trends

Expansion of Product Offerings and Formulations

The expansion of product offerings and formulations is a key driver behind the growth of the global CBD pet market. As the demand for CBD pet products continues to surge, companies are innovating and diversifying their product lines to cater to the diverse needs and preferences of pet owners. This trend not only enhances consumer choice but also drives market growth by tapping into new market segments and addressing unmet consumer needs. One of the most notable aspects of the expansion of product offerings and formulations in the CBD pet market is the increasing variety of product types available to consumers. CBD pet products come in various forms, including oils, treats, capsules, and topical formulations, offering pet owners a wide range of options to administer CBD to their furry companions. This diversity allows pet owners to choose the most suitable CBD formulation based on their pets' preferences, health conditions, and administration preferences.

CBD pet companies are developing specialty products targeting specific health concerns commonly faced by pets. For example, there are CBD pet products formulated to alleviate anxiety, manage pain and inflammation, support joint health, improve skin and coat condition, and promote overall wellness. These specialty formulations address the unique needs of pets and provide targeted solutions for pet owners seeking alternative health and wellness options.

The expansion of product offerings and formulations in the CBD pet market extends beyond traditional CBD products. Companies are increasingly incorporating CBD into complementary pet care products, such as grooming products, supplements, and functional treats. This integration allows pet owners to incorporate CBD seamlessly into their pets' daily routines and provides additional health benefits beyond traditional CBD formulations.

The growing availability of CBD pet products through multiple distribution channels further drives the expansion of product offerings and formulations in the market. From online retailers to brick-and-mortar pet stores and veterinary clinics, CBD pet products are becoming increasingly accessible to consumers, facilitating greater product innovation and market growth. This broadening availability enables pet owners to explore different product options and find the most suitable CBD formulations for their pets' specific needs, further fueling market expansion.

Growing Availability Through Multiple Distribution Channels

The growing availability of CBD pet products through multiple distribution channels is a significant factor driving the expansion of the global CBD pet market. As consumer demand for CBD pet products continues to rise, companies are increasingly leveraging various distribution channels to make their products accessible to a wider audience of pet owners. This trend not only enhances convenience for consumers but also facilitates market growth by increasing product visibility and accessibility.

One of the primary ways in which the growing availability of CBD pet products is boosting the global market is through online retailers. E-commerce platforms provide a convenient and efficient way for pet owners to browse, purchase, and receive CBD pet products from the comfort of their homes. Online retailers offer a wide selection of CBD pet products from different brands, allowing consumers to compare options and find the products that best suit their pets' needs. Online retailers often provide detailed product information, customer reviews, and educational resources, empowering consumers to make informed purchasing decisions.

Brick-and-mortar pet stores also play a crucial role in the growing availability of CBD pet products. Many pet specialty stores now carry a variety of CBD pet products, ranging from oils and treats to supplements and topical formulations. By stocking CBD pet products on their shelves, pet stores cater to the needs of pet owners who prefer to shop in-person and provide a valuable opportunity for consumers to interact with products before making a purchase. Pet store staff can offer personalized recommendations and guidance to help pet owners select the most suitable CBD products for their pets.

In addition to online retailers and brick-and-mortar pet stores, CBD pet products are increasingly available through other distribution channels, including veterinary clinics and holistic wellness centers. Veterinarians are becoming more open to recommending CBD products to their clients, recognizing the potential health benefits of CBD for pets and incorporating it into their treatment protocols. By offering CBD pet products in veterinary clinics, pet owners have access to expert advice and guidance from trusted professionals, further driving market growth.

Segmental Insights

Animal Type Insights

Based on the animal type, dogs segment emerged as the dominant in the global CBD pet market in 2023. This dominance can be attributed to several factors that highlight the strong preference for CBD products among dog owners. Firstly, dogs are among the most common pets worldwide, with a large population of pet owners who are increasingly invested in the health and well-being of their canine companions. As such, the sheer size of the dog-owning demographic contributes significantly to the dominance of the dog segment in the CBD pet market.

Dogs are known to experience a wide range of health issues, including anxiety, arthritis, inflammation, and skin conditions, among others. CBD products have shown promising results in managing these ailments in dogs, leading to a growing interest in CBD among dog owners seeking alternative treatment options for their pets. The effectiveness of CBD in addressing various health concerns specific to dogs has further fueled the demand for CBD pet products in this segment.

Indication Insights

In 2023, the global CBD pet market witnessed a notable dominance in the segment addressing joint pain among pets. The prevalence of joint-related issues in companion animals, particularly in aging populations and certain breeds predisposed to musculoskeletal conditions, has fueled the demand for CBD-based products tailored to alleviate discomfort and improve mobility. Joint pain is a pervasive concern among pet owners, with conditions like osteoarthritis significantly impacting the quality of life for dogs and cats. CBD, known for its anti-inflammatory properties and analgesic effects, has emerged as a promising alternative or complementary therapy to conventional treatments. Pet parents are increasingly turning to CBD-infused supplements, treats, and oils as a holistic approach to manage their furry companions' joint-related discomfort.

The growing awareness of CBD's potential benefits, coupled with an expanding market for pet wellness products, has propelled the dominance of the joint pain segment within the CBD pet market. Manufacturers have responded to this demand by offering a wide array of CBD formulations tailored to address specific joint issues in pets, including varying concentrations and delivery methods.

   


Download Free Sample Report

Regional Insights

North America emerged as the dominant region in the global CBD pet market in 2023, holding the largest market share. North America has witnessed a rapid expansion of the legal cannabis market, with several states in the United States and Canada legalizing cannabis for both medical and recreational use. This regulatory environment has paved the way for the widespread adoption and acceptance of CBD products, including CBD pet products, across the region. As a result, North America has become a hotbed for CBD pet companies, attracting investments, innovation, and market expansion. North America boasts a large population of pet owners who are increasingly invested in the health and well-being of their furry companions.

Recent Developments

  • On March 29, 2023, KOA Pets, a CBD brand specializing in pet products and based in Hawaii, launched its inaugural collection. This lineup features a range of CBD products that are clean, organic, and safe for pets. KOA Pets offers diverse product options to cater to different pet needs. For pets motivated by food, KOA Pets provides CBD treats available in a variety of appetizing flavors, crafted from wholesome, natural ingredients. Alternatively, pet owners have the option to select a CBD tincture or topical solution. These products can be conveniently added to a pet's food or water, or directly applied to their skin for targeted relief.
  • In March 2024, CV Sciences, Inc., a consumer wellness company specializing in hemp extracts and other scientifically-backed ingredients, introduced its CBD chew line for pets. The +PlusCBD™ Pet line features chew treats designed to promote wellness in dogs by utilizing cannabidiol (CBD) to address common canine issues.
  • In November 2022, Sky Wellness, a company providing CBD products for people and animals, relaunched its CBD wellness collection for dogs under the D Oh Gee brand. The collection features three broad-spectrum, THC-free CBD products specifically formulated to support joint health and mobility.
  • In August 2022, Pet Releaf another key market player launched a line of CBD grooming products for dogs, which include skin and coat relief shampoos. 

Key Market Players

  • Honest Paws
  • Canna-Pet
  • FOMO Bones
  • Pet Releaf
  • HolistaPet
  • Joy Organics
  • Wet Noses Inc.
  • CBD Living
  • Petstock Pty Ltd
  • Petco Animal Supplies, Inc.

By Animal Type

By Indication

By Distribution Channel

By Region

  • Dogs
  • Cats
  • Others
  • Joint Pain
  • Anxiety/Stress
  • Epilepsy
  • General Health/Wellness
  • Other Indications
  • Pet Specialty Stores
  • E-Commerce
  • CBD Stores
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global CBD Pet Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • CBD Pet Market, By Animal Type:

o   Dogs

o   Cats

o   Others

  • CBD Pet Market, By Indication:

o   Joint Pain

o   Anxiety/Stress

o   Epilepsy

o   General Health/Wellness

o   Other Indications

  • CBD Pet Market, By Distribution Channel:

o   Pet Specialty Stores

o   E-Commerce

o   CBD Stores

o   Others

  • CBD Pet 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

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global CBD Pet Market.

Available Customizations:

Global CBD Pet 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 Pet 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.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

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.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, and Trends

4.    Voice of Customer

5.    Global CBD Pet Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Animal Type (Dogs, Cats, Others)

5.2.2.    By Indication (Joint Pain, Anxiety/Stress, Epilepsy, General Health/Wellness, Other Indications)

5.2.3.    By Distribution Channel (Pet Specialty Stores, E-Commerce, CBD Stores, Others)

5.2.4.    By Company (2023)

5.2.5.    By Region

5.3.  Market Map

6.    North America CBD Pet Market Outlook

6.1.  Market Size & Forecast        

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Animal Type

6.2.2.    By Indication

6.2.3.    By Distribution Channel

6.2.4.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States CBD Pet 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 Animal Type

6.3.1.2.2.            By Indication

6.3.1.2.3.            By Distribution Channel

6.3.2.    Mexico CBD Pet 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 Animal Type

6.3.2.2.2.            By Indication

6.3.2.2.3.            By Distribution Channel

6.3.3.    Canada CBD Pet 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 Animal Type

6.3.3.2.2.            By Indication

6.3.3.2.3.            By Distribution Channel

7.    Europe CBD Pet Market Outlook

7.1.  Market Size & Forecast        

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Animal Type

7.2.2.    By Indication

7.2.3.    By Distribution Channel

7.2.4.    By Country

7.3.  Europe: Country Analysis

7.3.1.    France CBD Pet 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 Animal Type

7.3.1.2.2.            By Indication

7.3.1.2.3.            By Distribution Channel

7.3.2.    Germany CBD Pet 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 Animal Type

7.3.2.2.2.            By Indication

7.3.2.2.3.            By Distribution Channel

7.3.3.    United Kingdom CBD Pet 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 Animal Type

7.3.3.2.2.            By Indication

7.3.3.2.3.            By Distribution Channel

7.3.4.    Italy CBD Pet 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 Animal Type

7.3.4.2.2.            By Indication

7.3.4.2.3.            By Distribution Channel

7.3.5.    Spain CBD Pet 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 Animal Type

7.3.5.2.2.            By Indication

7.3.5.2.3.            By Distribution Channel

8.    Asia-Pacific CBD Pet Market Outlook

8.1.  Market Size & Forecast        

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Animal Type

8.2.2.    By Indication

8.2.3.    By Distribution Channel

8.2.4.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China CBD Pet 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 Animal Type

8.3.1.2.2.            By Indication

8.3.1.2.3.            By Distribution Channel

8.3.2.    India CBD Pet 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 Animal Type

8.3.2.2.2.            By Indication

8.3.2.2.3.            By Distribution Channel

8.3.3.    South Korea CBD Pet 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 Animal Type

8.3.3.2.2.            By Indication

8.3.3.2.3.            By Distribution Channel

8.3.4.    Japan CBD Pet 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 Animal Type

8.3.4.2.2.            By Indication

8.3.4.2.3.            By Distribution Channel

8.3.5.    Australia CBD Pet 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 Animal Type

8.3.5.2.2.            By Indication

8.3.5.2.3.            By Distribution Channel

9.    South America CBD Pet Market Outlook

9.1.  Market Size & Forecast        

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Animal Type

9.2.2.    By Indication

9.2.3.    By Distribution Channel

9.2.4.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil CBD Pet 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 Animal Type

9.3.1.2.2.            By Indication

9.3.1.2.3.            By Distribution Channel

9.3.2.    Argentina CBD Pet 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 Animal Type

9.3.2.2.2.            By Indication

9.3.2.2.3.            By Distribution Channel

9.3.3.    Colombia CBD Pet 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 Animal Type

9.3.3.2.2.            By Indication

9.3.3.2.3.            By Distribution Channel

10.  Middle East and Africa CBD Pet Market Outlook

10.1.             Market Size & Forecast         

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Animal Type

10.2.2. By Indication

10.2.3. By Distribution Channel

10.2.4. By Country

10.3.             MEA: Country Analysis

10.3.1. South Africa CBD Pet 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 Animal Type

10.3.1.2.2.         By Indication

10.3.1.2.3.         By Distribution Channel

10.3.2. Saudi Arabia CBD Pet 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 Animal Type

10.3.2.2.2.         By Indication

10.3.2.2.3.         By Distribution Channel

10.3.3. UAE CBD Pet 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 Animal Type

10.3.3.2.2.         By Indication

10.3.3.2.3.         By Distribution Channel

10.3.4. Egypt CBD Pet 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 Animal Type

10.3.4.2.2.         By Indication

10.3.4.2.3.         By Distribution Channel

11.  Market Dynamics

11.1.             Drivers

11.2.             Challenges

12.  Market Trends & Developments

12.1.             Merger & Acquisition (If Any)

12.2.             Product Launches (If Any)

12.3.             Recent Developments

13.  Porters Five Forces Analysis

13.1.             Competition in the Industry

13.2.             Potential of New Entrants

13.3.             Power of Suppliers

13.4.             Power of Customers

13.5.             Threat of Substitute Products

14.  Competitive Landscape

14.1.             Honest Paws

14.1.1. Business Overview

14.1.2. Company Snapshot

14.1.3. Products & Services

14.1.4. Financials (As Reported)

14.1.5. Recent Developments

14.1.6. Key Personnel Details

14.1.7. SWOT Analysis

14.2.             Canna-Pet

14.3.             FOMO Bones

14.4.             Pet Releaf

14.5.             HolistaPet

14.6.             Joy Organics

14.7.             Wet Noses Inc.

14.8.             CBD Living

14.9.             Petstock Pty Ltd

14.10.           Petco Animal Supplies, Inc.

15.  Strategic Recommendations

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

down-arrow

The market size of the Global CBD Pet Market was estimated to USD 198.78 million in 2023.

down-arrow

Honest Paws, Canna-Pet , FOMO Bones, Pet Releaf, HolistaPet, Joy Organics, Wet Noses Inc., CBD Living, Petstock Pty Ltd, Petco Animal Supplies, Inc., etc. were some of the key players operating in the Global CBD Pet Market.

down-arrow

Regulatory uncertainties, product safety concerns, and the need for extensive consumer education and awareness initiatives signify a major challenge for the Global CBD Pet Market.

down-arrow

Increasing consumer awareness and acceptance of CBD for pets, expanding legalization of cannabis, and the growing demand for natural and holistic pet care solutions are major factors boosting the Global CBD Pet Market.

profile

Sakshi Bajaal

Business Consultant
Press Release

CBD Pet Market to Grow with a CAGR of 11.75% through 2029F

Jul, 2024

Growing Awareness and Acceptance of CBD for Pets is expected to drive the Global CBD Pet Market growth in the forecast period, 2025-2029