India Cbd Pet Market Size & Outlook, 2023-2030
India cbd pet market, 2018-2030 (US$M)
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India cbd pet market highlights
- The India cbd pet market generated a revenue of USD 5.1 million in 2023 and is expected to reach USD 41.7 million by 2030.
- The India market is expected to grow at a CAGR of 35.2% 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 5.1 million |
| Market revenue in 2030 | USD 41.7 million |
| Growth rate | 35.2% (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, India accounted for 2.0% 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 Asia Pacific, Japan cbd pet market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 14.2 million by 2030.
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CBD Pet Market Scope
CBD Pet Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 64.71% in 2023. Horizon Databook has segmented the India cbd pet market based on dogs, cats covering the revenue growth of each sub-segment from 2018 to 2030.
Due to the presence of companies, such as CBD Oil Store India and Endoca, that offer home delivery of pet care products, the India CBD pet market is anticipated to grow over the forecast period. Furthermore, the market is growing due to online distribution through e-commerce platforms such as Amazon India.
Which provides CBD products for dogs and other pet animals. The increased advantages of cannabis, combined with high awareness among owners, are fueling the market growth. Most pet owners prefer the traditional method of CBD administration since it is the most effective and convenient.
Purchasing CBD for pets in India through specialized online platforms is the fastest and most practical method. Since CBD products are currently unavailable in retail and medical stores, ordering them online from reliable, trustworthy sources is the best option.
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Horizon Databook provides a detailed overview of country-level data and insights on the India cbd pet market , including forecasts for subscribers. This country databook contains high-level insights into India cbd pet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India cbd pet market size, by animal type, 2018-2030 (US$M)
India CBD Pet Market Outlook Share, 2023 & 2030 (US$M)
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