Market Overview:
The global CBD product for pets market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of CBD products for pets, rising demand for natural pet remedies, and growing legalization of cannabis. The global CBD product for pets market is segmented on the basis of type into CBD oil, CBD food, and others. The CBD oil segment is expected to account for a major share of the global market in terms of revenue due to its high demand among pet owners. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. On the basis of application, dogs are expected to account for a major share of the global market in terms of revenue followed by cats and others.
Product Definition:
CBD oil is a product derived from cannabis. It’s used by people for various reasons, including reducing anxiety and inflammation, treating epilepsy and other neurological disorders, and alleviating chronic pain. CBD oil is also used by people to manage their pets’ health issues. Some pet owners give their animals CBD oil to treat conditions such as cancer, arthritis, seizures, and anxiety.
CBD Oil:
Cannabidiol (CBD) oil is a natural constituent of the hemp plant and a part of the cannabis family. It is one of many chemical compounds known as cannabinoids that are found in varying quantities in marijuana, hemp, and other cannabis plants. The fact that CBD oil is non-psychoactive makes it an attractive option for pets owners who are trying to avoid the high associated with THC but still want to use CBD for their pet's health issues.
CBD Food:
Cannabidiol (CBD) is a naturally occurring compound found in the cannabis plant. The only difference between these two compounds is their strength or how much they bind to the cannabinoid receptors in the body.
Application Insights:
The others application segment includes horses, livestock and pets. The usage of cannabis oil for animals other than dogs has become popular owing to the fact that it can help with various health issues including anxiety, arthritis pain and cancer. In addition, the product helps reduce stress, promote weight loss and improve mobility in animals such as horses.
CBD products are gaining popularity among pet owners due to their ability to treat epilepsy in pets without any adverse effects on liver or kidney function. Moreover, these products have anti-inflammatory properties which make them beneficial for treating joint disorders such as arthritis in pets without having negative side effects on their health overall. These factors are expected to drive demand over the forecast period among pet owners globally who seek alternative treatment options for their furry friends apart from conventional veterinary treatments that often fail due to adverse drug reactions or lack efficacy altogether leading consumers towards CBD products for Pets market growth across regions worldwide.
Regional Analysis:
North America dominated the market in 2017 owing to high pet adoption rates, favorable veterinary healthcare structure and increasing awareness about CBD products. The region is expected to maintain its dominance over the forecast period due to growing consumer awareness regarding pet health, which will further boost demand for CBD products. Moreover, rising number of pets is also likely to contribute toward regional growth over the next few years.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rising disposable income among consumers and rapid urbanization in emerging economies such as China and India. In addition, increasing government initiatives for promoting animal welfare are projected favorably impact regional market dynamics during the same period.
Growth Factors:
- Increasing awareness about the benefits of CBD products for pets among pet owners.
- Growing demand for natural and organic pet products.
- Rising number of pet-related health conditions, such as anxiety, arthritis, and cancer.
- Availability of a wide range of CBD products for pets in the market.
Scope Of The Report
Report Attributes
Report Details
Report Title
CBD Product for Pets Market Research Report
By Type
CBD Oil, CBD Food, Others
By Application
Dogs, Cats, Others
By Companies
NuLeaf Naturals, Charlotte’s Web, Medterra, Cornbread, CBDistillery, Petly CBD, Holistapet, CBDfx, CbdMD, The anxious pet, Honest Paws, LLC, Joy Organics, PurePetCBD, CBD American Shaman, Royal CBD, Felix & Co, Verma Farms
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global CBD Product for Pets Market Report Segments:
The global CBD Product for Pets market is segmented on the basis of:
Types
CBD Oil, CBD Food, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dogs, Cats, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NuLeaf Naturals
- Charlotte’s Web
- Medterra
- Cornbread
- CBDistillery
- Petly CBD
- Holistapet
- CBDfx
- CbdMD
- The anxious pet
- Honest Paws, LLC
- Joy Organics
- PurePetCBD
- CBD American Shaman
- Royal CBD
- Felix & Co
- Verma Farms
Highlights of The CBD Product for Pets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- CBD Oil
- CBD Food
- Others
- By Application:
- Dogs
- Cats
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the CBD Product for Pets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
CBD products for pets are pet supplements that contain CBD and other natural ingredients. These products are designed to help improve the health of your pet, including reducing inflammation, relieving pain, and improving mood.
Some of the key players operating in the cbd product for pets market are NuLeaf Naturals, Charlotte’s Web, Medterra, Cornbread, CBDistillery, Petly CBD, Holistapet, CBDfx, CbdMD, The anxious pet, Honest Paws, LLC, Joy Organics, PurePetCBD, CBD American Shaman, Royal CBD, Felix & Co, Verma Farms.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 CBD Product for Pets Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 CBD Product for Pets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 CBD Product for Pets Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the CBD Product for Pets Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global CBD Product for Pets Market Size & Forecast, 2020-2028
4.5.1 CBD Product for Pets Market Size and Y-o-Y Growth
4.5.2 CBD Product for Pets Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 CBD Oil
5.2.2 CBD Food
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Dogs
6.2.2 Cats
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global CBD Product for Pets Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 CBD Product for Pets Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 CBD Oil
9.6.2 CBD Food
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Dogs
9.10.2 Cats
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 CBD Oil
10.6.2 CBD Food
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Dogs
10.10.2 Cats
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 CBD Oil
11.6.2 CBD Food
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Dogs
11.10.2 Cats
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 CBD Oil
12.6.2 CBD Food
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Dogs
12.10.2 Cats
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 CBD Oil
13.6.2 CBD Food
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Dogs
13.10.2 Cats
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 CBD Product for Pets Market: Competitive Dashboard
14.2 Global CBD Product for Pets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NuLeaf Naturals
14.3.2 Charlotte’s Web
14.3.3 Medterra
14.3.4 Cornbread
14.3.5 CBDistillery
14.3.6 Petly CBD
14.3.7 Holistapet
14.3.8 CBDfx
14.3.9 CbdMD
14.3.10 The anxious pet
14.3.11 Honest Paws, LLC
14.3.12 Joy Organics
14.3.13 PurePetCBD
14.3.14 CBD American Shaman
14.3.15 Royal CBD
14.3.16 Felix & Co
14.3.17 Verma Farms
