Italy Cbd Pet Market Size & Outlook, 2023-2030
Italy cbd pet market, 2018-2030 (US$M)
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Italy cbd pet market highlights
- The Italy cbd pet market generated a revenue of USD 9.2 million in 2023 and is expected to reach USD 57.0 million by 2030.
- The Italy market is expected to grow at a CAGR of 29.9% 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 9.2 million |
| Market revenue in 2030 | USD 57.0 million |
| Growth rate | 29.9% (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, Italy accounted for 3.7% 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 |
|---|
Italy 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 65.22% in 2023. Horizon Databook has segmented the Italy cbd pet market based on dogs, cats covering the revenue growth of each sub-segment from 2018 to 2030.
The Italy CBD pet market is expected to grow during the forecast period. The regulation of CBD products with 0.2% THC levels and the availability of services to purchase CBD products from various international products are responsible for this growth.
Moreover, cannabis cultivation and possession are now legal throughout the country, providing market participants with significant growth opportunities. Furthermore, the market growth is being fueled by increased awareness regarding benefits of cannabis
The preference for natural pet supplement products. Other factors driving the demand for CBD pet products are the country's growing pet population and rising pet care costs.
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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 Italy cbd pet market , including forecasts for subscribers. This country databook contains high-level insights into Italy cbd pet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy cbd pet market size, by animal type, 2018-2030 (US$M)
Italy CBD Pet Market Outlook Share, 2023 & 2030 (US$M)
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