Market Overview:
The global pet CBD gummies market is expected to register a CAGR of xx% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for CBD products for pets, owing to its various health benefits. Additionally, the growing trend of using natural ingredients in pet food and supplements is also propelling the growth of this market. Based on type, the global pet CBD gummies market can be segmented into low concentration and high concentration. Low concentration CBD gummies are those that contain less than 3% cannabidiol (CBD) extract, while high concentration CBD gummies are those that contain more than 3% cannabidiol extract. The high concentration segment is expected to grow at a higher rate during the forecast period as it offers several health benefits such as relief from pain and anxiety in pets. Based on application, the global pet CBD gummies market can be segmented into pet hospital, pet shop, home use and other applications. Pet hospitals are anticipated to witness significant growth during the forecast period as they offer various treatments including surgery and chemotherapy which require administration of drugs in form of tablets or capsules that might not always be palatable for pets leading them to refuse treatment or vomit after taking medication orally . On account of this factor ,pet owners are increasingly inclining towards giving their furry friends oral doses of cannabis oil through edible products such as these soft chews or gumdrops instead .
Product Definition:
CBD Gummies are popular among people, but they are also beneficial for pets. CBD oil has been shown to help reduce anxiety and improve the overall quality of life for pets.
Low Concentration:
The market for low-concentration CBD is growing at a rapid pace and it's gaining popularity among consumers due to its health benefits, which include relieving pain, reducing stress, and improving sleep.
High Concentration:
High concentration CBD is a type of cannabis oil that contains at least 20% CBD by dry weight. The normal range for potency in cannabis is 10-15% CBD. High Concentration (HC) products are usually used to treat severe pain, mental disorders, cancer and other such conditions where the regular or standard dose of marijuana just doesn’t work.
Application Insights:
The pet hospital segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The increasing number of pet hospitals across the U.S., Canada, U.K., Germany, China and India is anticipated to drive demand over the forecast period. Moreover, favorable government regulations regarding cannabis-based medicines are expected to propel product demand at veterinary clinics globally.
Pet shops are also estimated to register a significant CAGR of XX% from 2018 to 2030 owing to growing awareness among breeders and adoption of innovative marketing strategies by PetCo retailers in several countries including Brazil, Chile, Argentina.
Regional Analysis:
North America dominated the global market in 2017. The presence of key manufacturers and suppliers, coupled with growing consumer awareness about CBD-based pet products, is expected to drive the regional market over the forecast period. Moreover, increasing R&D activities by various companies to develop new pet CBD gummies is anticipated to fuel growth over the next eight years.
Asia Pacific is expected to witness significant growth during the forecast period owing to rising demand for natural medicines from a large customer base in this region. Furthermore, countries such as China and Japan are among major importers of hemp seeds that are used for manufacturing these products; hence creating lucrative opportunities for industry participants over the coming years.
Growth Factors:
- Increasing awareness about the benefits of CBD for pets among pet owners.
- Growing demand for natural and organic pet products.
- Rising number of pet-related health conditions that can be treated with CBD gummies.
- Availability of a wide variety of CBD gummy products in the market catering to different needs and preferences of consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pet CBD Gummies Market Research Report
By Type
Low Concentration, High Concentration
By Application
Pet Hospital, Pet Shop, Home, Other
By Companies
CV Sciences, Dixie Brands, Reliva CBD Wellness, Sunday Scaries, Green Roads CBD, Medix CBD, Hemp Bombs, Pure Kana, Diamond CBD, Premium Jane, Veritas Farms, Planet M CBD
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Pet CBD Gummies Market Report Segments:
The global Pet CBD Gummies market is segmented on the basis of:
Types
Low Concentration, High Concentration
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
Pet Hospital, Pet Shop, Home, Other
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:
- CV Sciences
- Dixie Brands
- Reliva CBD Wellness
- Sunday Scaries
- Green Roads CBD
- Medix CBD
- Hemp Bombs
- Pure Kana
- Diamond CBD
- Premium Jane
- Veritas Farms
- Planet M CBD
Highlights of The Pet CBD Gummies 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:
- Low Concentration
- High Concentration
- By Application:
- Pet Hospital
- Pet Shop
- Home
- Other
- 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 Pet CBD Gummies 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?
Pet CBD Gummies are a type of CBD product that is designed to be consumed by pets. These gummies are made from natural ingredients and contain no THC, which is the psychoactive component of cannabis. They are meant to provide relief for pets who suffer from anxiety or other conditions related to stress and anxiety.
Some of the major companies in the pet cbd gummies market are CV Sciences, Dixie Brands, Reliva CBD Wellness, Sunday Scaries, Green Roads CBD, Medix CBD, Hemp Bombs, Pure Kana, Diamond CBD, Premium Jane, Veritas Farms, Planet M CBD.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pet CBD Gummies 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 Pet CBD Gummies Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pet CBD Gummies 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 Pet CBD Gummies 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 Pet CBD Gummies Market Size & Forecast, 2018-2028
4.5.1 Pet CBD Gummies Market Size and Y-o-Y Growth
4.5.2 Pet CBD Gummies Market Absolute $ Opportunity
Chapter 5 Global Pet CBD Gummies 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 Pet CBD Gummies Market Size Forecast by Type
5.2.1 Low Concentration
5.2.2 High Concentration
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pet CBD Gummies 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 Pet CBD Gummies Market Size Forecast by Applications
6.2.1 Pet Hospital
6.2.2 Pet Shop
6.2.3 Home
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pet CBD Gummies 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 Pet CBD Gummies 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 Pet CBD Gummies Analysis and Forecast
9.1 Introduction
9.2 North America Pet CBD Gummies 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 Pet CBD Gummies Market Size Forecast by Type
9.6.1 Low Concentration
9.6.2 High Concentration
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 Pet CBD Gummies Market Size Forecast by Applications
9.10.1 Pet Hospital
9.10.2 Pet Shop
9.10.3 Home
9.10.4 Other
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 Pet CBD Gummies Analysis and Forecast
10.1 Introduction
10.2 Europe Pet CBD Gummies 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 Pet CBD Gummies Market Size Forecast by Type
10.6.1 Low Concentration
10.6.2 High Concentration
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 Pet CBD Gummies Market Size Forecast by Applications
10.10.1 Pet Hospital
10.10.2 Pet Shop
10.10.3 Home
10.10.4 Other
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 Pet CBD Gummies Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pet CBD Gummies 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 Pet CBD Gummies Market Size Forecast by Type
11.6.1 Low Concentration
11.6.2 High Concentration
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 Pet CBD Gummies Market Size Forecast by Applications
11.10.1 Pet Hospital
11.10.2 Pet Shop
11.10.3 Home
11.10.4 Other
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 Pet CBD Gummies Analysis and Forecast
12.1 Introduction
12.2 Latin America Pet CBD Gummies 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 Pet CBD Gummies Market Size Forecast by Type
12.6.1 Low Concentration
12.6.2 High Concentration
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 Pet CBD Gummies Market Size Forecast by Applications
12.10.1 Pet Hospital
12.10.2 Pet Shop
12.10.3 Home
12.10.4 Other
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) Pet CBD Gummies Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pet CBD Gummies 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) Pet CBD Gummies Market Size Forecast by Type
13.6.1 Low Concentration
13.6.2 High Concentration
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) Pet CBD Gummies Market Size Forecast by Applications
13.10.1 Pet Hospital
13.10.2 Pet Shop
13.10.3 Home
13.10.4 Other
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 Pet CBD Gummies Market: Competitive Dashboard
14.2 Global Pet CBD Gummies Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CV Sciences
14.3.2 Dixie Brands
14.3.3 Reliva CBD Wellness
14.3.4 Sunday Scaries
14.3.5 Green Roads CBD
14.3.6 Medix CBD
14.3.7 Hemp Bombs
14.3.8 Pure Kana
14.3.9 Diamond CBD
14.3.10 Premium Jane
14.3.11 Veritas Farms
14.3.12 Planet M CBD
