Global Cbd Pet Market Size & Outlook
The cbd pet industry worldwide is expected to reach a projected revenue of US$ 1,718.4 million by 2030. A compound annual growth rate of 31.8% is expected of the worldwide cbd pet industry from 2024 to 2030.
Revenue, 2023 (US$M)
$248.4
Forecast, 2030 (US$M)
$1,718.4
CAGR, 2024 - 2030
31.8%
Report Coverage
Worldwide
Global cbd pet market, 2018-2030 (US$M)
Related Markets
Global cbd pet market highlights
- The global cbd pet market generated a revenue of USD 248.4 million in 2023 and is expected to reach USD 1,718.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 31.8% by 2030.
- In terms of segment, dogs accounted for a revenue of USD 161.6 million in 2023.
- Cats is the most lucrative animal type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 248.4 million |
| Market revenue in 2030 | USD 1,718.4 million |
| Growth rate | 31.8% (CAGR from 2023 to 2030) |
| Largest segment | Dogs |
| Fastest growing segment | Cats |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dogs, Cats |
Other key industry trends
- In terms of revenue, the North America accounted for 40.2% of the global cbd pet market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 4.8 million by 2030.
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CBD Pet Market Scope
Cbd pet market segmentation & scope
CBD Pet Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cbd pet market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cbd pet market will help companies and investors design strategic landscapes.
dogs was the largest segment with a revenue share of 65.06% in 2023. Horizon Databook has segmented the Global cbd pet market based on dogs, cats covering the revenue growth of each sub-segment from 2018 to 2030.
- Global CBD Pet Animal Type Outlook (Revenue, USD Million, 2018-2030)
- Dogs
- Foods/Treats
- Vitamins & supplements
- Cats
- Others
- Foods/Treats
- Vitamins & supplements
- Dogs
- Global CBD Pet Indication Outlook (Revenue, USD Million, 2018-2030)
- Joint Pain
- Anxiety/Stress
- Epilepsy
- General Health/Wellness
- Other Indications
- Global CBD Pet Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Pet Specialty Stores
- E-commerce
- CBD Store
- Others
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Target buyers of Global cbd pet market databook
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Our clientele includes a mix of cbd pet market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global cbd pet market , including forecasts for subscribers. This global databook contains high-level insights into Global cbd pet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global cbd pet market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Cbd pet market size, 2023 (USD Million)
Top 10 countries: Cbd pet market size, 2023 (USD Million)
Global cbd pet market, by region, 2023 (US$M)
Related regional statistics
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