Argentina Cbd Pet Market Size & Outlook, 2023-2030
Argentina cbd pet market, 2018-2030 (US$M)
Related Markets
Argentina cbd pet market highlights
- The Argentina cbd pet market generated a revenue of USD 2.1 million in 2023 and is expected to reach USD 15.9 million by 2030.
- The Argentina market is expected to grow at a CAGR of 33.9% from 2024 to 2030.
- In terms of segment, dogs was the largest revenue generating animal type in 2023.
- Cats is the most lucrative animal type segment registering the fastest growth during the forecast period.
Cbd pet market data book summary
| Market revenue in 2023 | USD 2.1 million |
| Market revenue in 2030 | USD 15.9 million |
| Growth rate | 33.9% (CAGR from 2023 to 2030) |
| Largest segment | Dogs |
| Fastest growing segment | Cats |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dogs, Cats |
| Key market players worldwide | Petco Health and Wellness Co Inc Ordinary Shares - Class A, Charlottes Web Holdings Inc Ordinary Shares, Woolworths Group Ltd, SNDL Inc Ordinary Shares, Honest Paws, Canna-Pet, Green Roads, Pet Releaf, Holistapet, Joy Organics, Wet Noses, CBD Living, Hemp My Pet |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global cbd pet market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil cbd pet market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 49.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
CBD Pet Market Scope
CBD Pet Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina 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 61.9% in 2023. Horizon Databook has segmented the Argentina cbd pet market based on dogs, cats covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is expected to hold a significant market share over the forecast period. This is due to increased awareness of cannabidiol's nonpsychoactive characteristics. Argentina CBD pet market is being driven by the legalization of CBD for therapeutic and medicinal purposes.
The Argentine Senate approved the use of CBD cannabis oil for medical purposes in March 2017, and the law was implemented in September of the same year. According to a September 2021 article by Hemp.
im, out of 65,000 participants in Argentina's first national survey of cannabis users, 0.4% reported giving their pets cannabis oil; Neuquén had the largest number of cases, with a usage rate of 1.4%. The use of medical cannabis has increased in the Latin American countries.
Reasons to subscribe to Argentina cbd pet market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Argentina cbd pet market databook
-
Our clientele includes a mix of cbd pet market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina cbd pet market , including forecasts for subscribers. This country databook contains high-level insights into Argentina cbd pet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Argentina cbd pet market size, by animal type, 2018-2030 (US$M)
Argentina CBD Pet Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
