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Cannabidiol (CBD) Pet Market by Pet Type (Cats, Dogs, Other pet types), by Product Type (Therapeutics, Supplements), by Application (Pain management, Anxiety and stress relief, Joint health and mobility, Skin and allergies, Other applications), by Distribution Channel (Pet specialty stores, CBD stores, E-commerce, Other distribution channels), by North America (U.S., Canada), by Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe), by Asia Pacific (Japan, China, India, Australia, South Korea, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Rest of Latin America), by Middle East and Africa (Saudi Arabia, South Africa, UAE, Rest of Middle East and Africa) Forecast 2025-2033
The size of the Cannabidiol (CBD) Pet Market was valued at USD 693.4 Million in 2023 and is projected to reach USD 2235.15 Million by 2032, with an expected CAGR of 18.2% during the forecast period. The CBD Pet Market is centered on the increasing popularity of CBD products for pets, specifically targeting dogs, cats, and other animals that serve as companions. CBD, a substance extracted from hemp that does not cause a high, is becoming more popular due to its possible health advantages such as alleviating pain, decreasing anxiety, and possessing anti-inflammatory qualities. Items available in this industry consist of oils, snacks, pills, and creams designed specifically for animals. Rising awareness among pet owners about alternative wellness options, along with increasing concerns about conventional pharmaceuticals and their side effects, is fueling the demand for CBD pet products. Moreover, the market is experiencing growth due to the pet care industry's transition to natural and holistic health remedies. Research is progressing in exploring the safety and effectiveness of CBD for animals, offering increased assurance for pet owners and veterinarians. Due to the growing demand for pet care, the increase in pet adoptions, and rising consumer interest in natural, plant-derived remedies, the CBD Pet Market is anticipated to see substantial growth. With the development of CBD regulations, the market is ready for more growth in the future.
Pet Type:
Product Type:
Application:
Distribution Channel:
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 18.2% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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