France Cbd Pet Market Size & Outlook, 2023-2030
France cbd pet market, 2018-2030 (US$M)
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France cbd pet market highlights
- The France cbd pet market generated a revenue of USD 17.4 million in 2023 and is expected to reach USD 123.2 million by 2030.
- The France market is expected to grow at a CAGR of 32.2% 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 17.4 million |
| Market revenue in 2030 | USD 123.2 million |
| Growth rate | 32.2% (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, France accounted for 7.0% 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 Europe, UK cbd pet market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 123.2 million by 2030.
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CBD Pet Market Scope
CBD Pet Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
France 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 64.94% in 2023. Horizon Databook has segmented the France cbd pet market based on dogs, cats covering the revenue growth of each sub-segment from 2018 to 2030.
CBD is a legal product in France. However, it is not recognized as a medical treatment. Even though cannabidiol can alleviate animals' symptoms, it is not considered a medical product. Dogs and cats react to cannabinoids similarly to humans; thus, the expected effects and benefits of CBD are the same as in humans.
France has the highest hemp production in Europe, fueling the country's pet CBD market growth. Moreover, CBD oil made from hemp that contains no Tetrahydrocannabinol (THC) is legal in France and can be used as a health supplement and for relaxation, which is expected to boost the market growth.
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Our clientele includes a mix of cbd pet market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the France cbd pet market , including forecasts for subscribers. This country databook contains high-level insights into France cbd pet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France cbd pet market size, by animal type, 2018-2030 (US$M)
France CBD Pet Market Outlook Share, 2023 & 2030 (US$M)
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