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Global Cannabidiol (CBD) Pet Market to Reach US$1.6 Billion by 2030

The global market for Cannabidiol (CBD) Pet estimated at US$308.6 Million in the year 2024, is expected to reach US$1.6 Billion by 2030, growing at a CAGR of 31.4% over the analysis period 2024-2030. Dogs, one of the segments analyzed in the report, is expected to record a 36.2% CAGR and reach US$950.0 Million by the end of the analysis period. Growth in the Cats segment is estimated at 28.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$84.1 Million While China is Forecast to Grow at 41.6% CAGR

The Cannabidiol (CBD) Pet market in the U.S. is estimated at US$84.1 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$417.6 Million by the year 2030 trailing a CAGR of 41.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 24.7% and 28.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 26.6% CAGR.

Global Cannabidiol (CBD) Pet Market - Key Trends & Drivers Summarized

How is CBD Transforming the Pet Healthcare Industry?

The increasing adoption of CBD for pets has been driven by rising awareness of its potential health benefits. Pet owners are turning to CBD-based products for their companions to manage pain, anxiety, inflammation, and age-related issues. As scientific research continues to highlight the efficacy of CBD in veterinary applications, demand for pet-specific CBD solutions has surged, leading to a proliferation of products such as CBD-infused treats, oils, capsules, and topical solutions. Regulatory shifts have played a critical role in expanding the CBD pet market, with several regions easing restrictions on the use of cannabidiol in animal health. The legalization and acceptance of CBD-based veterinary products have fostered greater consumer confidence, driving sales across online and offline retail channels. As pet humanization trends continue to rise, more owners are seeking holistic and natural remedies, further propelling the market forward.

Why is Consumer Interest in CBD Pet Products Growing?

Consumer interest in CBD pet products is experiencing a significant upswing as more pet owners seek alternative therapies for managing their pets' health conditions. Increasing cases of chronic pain, arthritis, and anxiety-related disorders among pets have fueled the demand for safe and effective natural remedies. CBD-based formulations have gained popularity due to their potential anti-inflammatory and calming effects, making them a preferred choice among pet owners looking for non-pharmaceutical solutions. Additionally, the trend of premium pet care is contributing to market growth, as pet owners are increasingly willing to spend on high-quality, scientifically-backed wellness products. The rise of direct-to-consumer (DTC) brands and subscription-based CBD pet products has enhanced accessibility, allowing pet owners to easily integrate CBD into their pets' daily routines. With increasing endorsements from veterinarians and pet wellness influencers, the acceptance of CBD pet products continues to grow worldwide.

Which Regions Are Leading the CBD Pet Market?

North America is currently the largest market for CBD pet products, with the United States leading in both production and consumption. The region's strong pet ownership culture, combined with progressive regulations and high disposable income, has created a favorable environment for the growth of the CBD pet sector. The presence of established pet wellness brands and increasing consumer education on CBD’s benefits have further driven regional market expansion. Europe is also witnessing rapid growth, driven by evolving regulatory frameworks and rising demand for pet-friendly CBD solutions. Countries such as Germany, the United Kingdom, and France are at the forefront of CBD pet adoption, with many pet owners integrating CBD into their animals' healthcare regimens. Meanwhile, the Asia-Pacific region is gradually entering the CBD pet market, with countries like Japan and Australia taking cautious but promising steps towards legalization and commercialization of CBD-based pet products.

What Are the Key Factors Driving Market Growth?

The growth in the CBD pet market is driven by several factors, including increasing pet healthcare expenditures, growing consumer awareness, and advancements in CBD formulation technologies. The rising trend of pet humanization has led to a higher demand for premium wellness solutions, including CBD-infused products tailored specifically for pets. As more scientific studies validate the benefits of CBD for animals, veterinarians and pet healthcare providers are becoming more open to recommending CBD as a complementary treatment. Additionally, the expansion of e-commerce and pet-specific online retail channels has facilitated greater product availability and consumer education. The integration of CBD into pet treats, dietary supplements, and grooming products is diversifying market offerings, attracting a wider consumer base. With regulatory landscapes evolving and pet wellness becoming a priority for owners, the CBD pet market is poised for continued strong growth in the years ahead.

SCOPE OF STUDY:

The report analyzes the Cannabidiol (CBD) Pet market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:

Animal (Dogs, Cats, Others); Indication (Joint Pain Indication, Anxiety/Stress Indication, General Health/Wellness Indication, Epilepsy Indication, Other Indications); Distribution Channel (E-commerce Distribution Channels, Pet Specialty Stores Distribution Channels, CBD Stores Distribution Channels, Other Distribution Channels)

Geographic Regions/Countries:

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 41 Featured) -

AI INTEGRATIONS

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TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by increasing the Cost of Goods Sold (COGS), reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

III. MARKET ANALYSIS

IV. COMPETITION

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