CBD Pet Products Industry Outlook, Market Value & CAGR 24.5% Update By 2031 | DataM Intelligence
๐ง๐ต๐ฒ ๐๐๐ ๐ฃ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ถ๐ ๐จ๐ฆ๐ ๐ฑ๐ญ๐ฎ.๐ฑ๐ ๐ถ๐ป ๐ฎ๐ฌ๐ฎ๐ฎ ๐ฎ๐ป๐ฑ ๐ถ๐ ๐๐ฒ๐ ๐๐ผ ๐ฟ๐ฒ๐ฎ๐ฐ๐ต ๐จ๐ฆ๐ ๐ฎ,๐ต๐ฑ๐ด.๐ฏ๐ ๐ฏ๐ ๐ฎ๐ฌ๐ฏ๐ฌ, ๐ด๐ฟ๐ผ๐๐ถ๐ป๐ด ๐ฎ๐ ๐ฎ ๐๐๐ฟ๐ผ๐ป๐ด ๐ฎ๐ฐ.๐ฑ% ๐๐๐๐ฅ ๐ณ๐ฟ๐ผ๐บ ๐ฎ๐ฌ๐ฎ๐ฐ ๐๐ผ ๐ฎ๐ฌ๐ฏ๐ญ.
The Global CBD Pet Products Market Size was valued at ๐จ๐ฆ๐ ๐ฑ๐ญ๐ฎ.๐ฑ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ถ๐ป ๐ฎ๐ฌ๐ฎ๐ฎ and is projected to grow significantly, reaching approximately ๐จ๐ฆ๐ ๐ฎ,๐ต๐ฑ๐ด.๐ฏ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ฏ๐ ๐ฎ๐ฌ๐ฏ๐ฌ, with a robust ๐๐๐๐ฅ ๐ผ๐ณ ๐ฎ๐ฐ.๐ฑ% during the forecast period from 2024 to 2031. This growth is largely driven by a rising preference among pet owners for natural and holistic solutions to address their petsโ health concerns, with CBD emerging as a favored alternative.
The market is anticipated to experience a solid double-digit CAGR throughout the coming decade. Several factors are fueling this growthโgrowing awareness of the potential therapeutic effects of CBD, increasing legalization and regulatory clarity in different regions, and consumer willingness to invest in alternative wellness products for their pets. The expanding online retail space is also playing a crucial role in increasing the availability and accessibility of these products.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ ๐๐ฆ๐๐ข๐ฅ ๐๐๐ฌ ๐๐๐๐๐ข๐ฏ๐ ๐๐ซ๐ข๐จ๐ซ๐ข๐ญ๐ฒ ๐๐๐ซ๐ฏ๐ข๐๐): https://www.datamintelligence.com/download-sample/cbd-pet-products-market
๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐๐ป๐๐ถ๐ด๐ต๐๐
North America
North America remains the market leader, largely due to its early adoption of CBD wellness trends, higher per capita spending on pets, and relatively lenient regulations. The U.S. and Canada are particularly driving sales through both online and brick-and-mortar pet retail channels.
Europe
Europe is emerging as a promising region, although the regulatory environment is more complex. Consumer interest is growing steadily, especially in Western Europe, where pet owners are actively seeking natural alternatives for issues like anxiety and age-related ailments.
Asia-Pacific
Asia-Pacific is projected to be the fastest-growing region during the forecast period, driven by a rising pet population and evolving perspectives on pet wellness.Japan, South Korea, and Australia are showing increased interest, with a growing number of startups and partnerships entering the CBD pet segment.
๐๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐
The market is home to a mix of specialized CBD pet product brands and established pet care companies extending their portfolios.
Leading players are focused on research-backed formulations
โฆ GCH, Inc.
โฆ Canna-Pet
โฆ Honest Paws
โฆ HempMy Pet
โฆ Fomo Bones
โฆ HolistaPet
โฆ Pet Releaf
โฆ Joy Organics
โฆ Petco Animal Supplies, Inc.
โฆ Charlotteโs Web
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป:
โฅ By Type: Food-Grade, Therapeutic-Grade
โฅ By Distribution Channel: Retail Pharmacies, Online Sales, Veterinary Clinics, Others
โฅ By Region Based on: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa
๐๐ฎ๐๐ฒ๐๐ ๐ก๐ฒ๐๐ ๐ถ๐ป ๐๐ต๐ฒ ๐จ๐ฆ๐
In the United States, the conversation around CBD pet products is intensifying due to evolving state-level regulations. One of the key discussions right now is around setting clearer dosage guidelines and safety standards, especially for products sold over the counter. Some states are even moving toward more stringent rules regarding THC content in pet-specific CBD items, aiming to ensure these products are truly safe for animal consumption.
On the business front, some major pet care retailers are expanding their CBD product selections. Larger e-commerce platforms have begun featuring curated CBD sections for pets, offering everything from calming oils to hip and joint support treats. Furthermore, there's growing interest among veterinarians in exploring the use of CBD as a supportive therapy, though many still await more formal clinical research before fully embracing it.
The U.S. market is also seeing strategic acquisitions and partnerships between pet-focused companies and CBD producers. These collaborations are helping create more advanced formulations while ensuring compliance with national standards.
๐๐ฎ๐๐ฒ๐๐ ๐ก๐ฒ๐๐ ๐ถ๐ป ๐๐ฎ๐ฝ๐ฎ๐ป
Japan's CBD industry is rapidly growing, and the pet care segment is emerging as a key part of this expansion. While regulations in the country are conservative, changes are underway. CBD products must be completely free of THC in Japan, and the authorities are currently reviewing policies that could simplify imports and domestic production of CBD extracts for pets.
Japanese consumers are increasingly adopting CBD products for their pets, especially to address stress and aging-related issues. The concept of โpet wellnessโ is growing in popularity, and local brands are beginning to launch pet-friendly CBD items that align with Japanโs high product safety standards.
Retailers in Tokyo and other urban centers have started allocating shelf space to CBD pet products, focusing on quality and traceability. Thereโs also been an increase in domestic research into how CBD can support animal health, which is helping to ease public skepticism and encourage broader acceptance.
In addition, Japanese manufacturers are placing a strong emphasis on the โMade in Japanโ label, offering premium products crafted under tight quality controls. This approach is resonating with local consumers, who prioritize purity and transparency.
๐๐ผ๐ป๐ฐ๐น๐๐๐ถ๐ผ๐ป
The CBD pet products market is evolving quickly, carving out a substantial niche within the broader pet care and wellness industry. As pet owners become more informed and proactive about their petsโ health, the demand for plant-based and natural remedies is only expected to grow.
North America continues to lead the market, while Asia-Pacific, especially Japan is poised for exponential growth. With increasing research, innovation, and regulatory support, the next few years could bring a major shift in how CBD is viewed as part of everyday pet care.
Manufacturers, retailers, and healthcare professionals have a unique opportunity to shape this space responsibly. By focusing on education, safety, and product efficacy, the CBD pet industry can thrive bringing comfort and wellness to pets across the globe
๐๐ฟ๐ผ๐๐๐ฒ ๐ ๐ผ๐ฟ๐ฒ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ ๐๐ ๐๐ฎ๐๐ฎ๐ ๐๐ป๐๐ฒ๐น๐น๐ถ๐ด๐ฒ๐ป๐ฐ๐ฒ
CBD Oil Market Size, Share, Industry By 2031
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Sai Kiran
DataM Intelligence 4market Research LLP
+1 877-441-4866
sai.k@datamintelligence.com
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