Global CBD Pet Market

Report ID : 1089 | Published : 2021-07-23 | Pages: 140 | Format:

Hemp derivative products such as CBD Pet Supplements have become a huge market for pet owners as pet owners turn to the alternative option of non-traditional therapeutics. Cannabidiol is the main compound found in a hemp plant used because of its medicinal properties. There is an increase in demand for CBD among the population to control a range of conditions such as nausea, anxiety, stress, etc.

Increasing consumer awareness about the natural supplements with the therapeutic benefits of cannabis is driving the market's growth. Additionally, rising government support and favorable trade regulatory environments related to CBD, cannabis, and hemp fuel the market growth. For instance, the Farm Bill passed in December 2018 at United States Congress for the Agricultural Improvement Act of 2018 to separate hemp and hemp-derived CBD from marijuana-based products, expected to create ample opportunities for hemp-derived products, including CBD used in the pet food industry.

The Global CBD pet market is segmented on the basis of product, application, end-users, and region. Based on the product, the market is divided into Therapeutic Grade and Food Grade. On the basis of application, the market is divided into Joint Pain, Anxiety/Stress, Epilepsy, and General Health/Wellness. On the basis of end-users, the market is divided into Pet specialty stores and e-commerce. Based on region, the market is studied across North America, Asia-Pacific, Europe, and LAMEA. Among that, Europe held the largest share of the market, followed by America and the Asia Pacific. On the other hand, North America is expected to dominate the market during the analysis of the forecast period.

The key players of this market include Honest Paws, Canna-Pet, Fomo Bones, Pet, Relief, HolistaPet, Joy Organics, Wet Noses, CBD Living, Pet stock, Petco, Charlotte’s Web, among others.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global CBD Pet Market Snapshot

Chapter 4. Global CBD Pet Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Penetration & Growth Prospect Mapping

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Products Advancement in Ambulatory Mammography

Chapter 5. Market Segmentation 1: Products Estimates & Trend Analysis

5.1. Products & Market Share, 2020 & 2028

5.2. Market Size (Value) & Forecasts and Trend Analyses, 2020 to 2028 for the following Products:

5.2.1. Lynparza

5.2.2. Therapeutic Grade

5.2.3. Food Grade

Chapter 6. Market Segmentation 1: Applications & Trend Analysis

6.1. Applications & Market Share, 2020 & 2028

6.2. Market Size (Value)& Forecasts and Trend Analyses, 2020 to 2028 for the following Applications:

6.2.1. Joint Pain

6.2.2. Anxiety/Stress

6.2.3. Epilepsy

6.2.4. General Health/Wellness

Chapter 7. Market Segmentation 1: End-Users & Trend Analysis

7.1. End-Users & Market Share, 2020 & 2028

7.2. Market Size (Value)& Forecasts and Trend Analyses, 2020 to 2028 for the following End-Users

7.2.1. Pet specialty stores

7.2.2. e-commerce

Chapter 8. CBD Pet Market Segmentation 3: Regional Estimates & Trend Analysis

8.1. North America

8.1.1. North America CBD Pet Market revenue (US$ Million) estimates and forecasts Products, 2020-2028

8.1.2. North America CBD Pet Market revenue (US$ Million) estimates and forecasts by Applications, 2020-2028

8.1.3. North America CBD Pet Market revenue (US$ Million) estimates and forecasts End-Users, 2020-2028

8.1.4. North America CBD Pet Market revenue (US$ Million) estimates and forecasts by country, 2020-2028

8.1.4.1. U.S.

8.1.4.2. Canada

8.2. Europe

8.2.1. Europe CBD Pet Market revenue (US$ Million) Products, 2020-2028

8.2.2. Europe CBD Pet Market revenue (US$ Million) estimates and forecasts by Applications, 2020-2028

8.2.3. Europe CBD Pet Market revenue (US$ Million) estimates and forecasts End-Users, 2020-2028

8.2.4. Europe CBD Pet Market revenue (US$ Million) by country, 2020-2028

8.2.4.1. Germany

8.2.4.2. Poland

8.2.4.3. France

8.2.4.4. Italy

8.2.4.5. Spain

8.2.4.6. UK

8.2.4.7. Rest of Europe

8.3. Asia Pacific

8.3.1. Asia Pacific CBD Pet Market revenue (US$ Million) Products, 2020-2028

8.3.2. Asia Pacific CBD Pet Market revenue (US$ Million) estimates and forecasts by Applications, 2020-2028

8.3.3. Asia Pacific CBD Pet Market revenue (US$ Million) estimates and forecasts End-Users, 2020-2028

8.3.4. Asia Pacific CBD Pet Market revenue (US$ Million) by country, 2020-2028

8.3.4.1. China

8.3.4.2. India

8.3.4.3. Japan

8.3.4.4. Australia

8.3.4.5. Rest of Asia Pacific

8.4. Latin America

8.4.1. Latin America CBD Pet Market revenue (US$ Million) Products, 2020-2028

8.4.2. Latin America CBD Pet Market revenue (US$ Million) estimates and forecasts by Applications, 2020-2028

8.4.3. Latin America CBD Pet Market revenue (US$ Million) estimates and forecasts End-Users, 2020-2028

8.4.4. Latin America CBD Pet Market revenue (US$ Million) by country, 2020-2028

8.4.4.1. Brazil

8.4.4.2. Rest of Latin America

8.5. MEA

8.5.1. MEA CBD Pet Market revenue (US$ Million) estimates and forecasts Products, 2020-2028

8.5.2. MEA CBD Pet Market revenue (US$ Million) estimates and forecasts by Applications, 2020-2028

8.5.3. MEA CBD Pet Market revenue (US$ Million) estimates and forecasts End-Users, 2020-2028

8.5.4. MEA revenue CBD Pet Market revenue (US$ Million) by country, (US$ Million) 2020-2028

8.5.4.1. South Africa

8.5.4.2. Rest of MEA

Chapter 9. Competitive Landscape

9.1. Major Mergers and Acquisitions/Strategic Alliances

9.2. Company Profiles

9.2.1. Honest Paws

9.2.2. Canna-Pet

9.2.3. Fomo Bones

9.2.4. Pet Relief

9.2.5. HolistaPet

9.2.6. Joy Organics

9.2.7. Wet Noses

9.2.8. CBD Living

9.2.9. Pet stock

9.2.10. Petco

9.2.11. Charlotte’s Web

9.2.12. Other Prominent Players

Global CBD Pet Market Segmentation:

 

Global CBD Pet Market Revenue (US$ Mn) by product

  • Therapeutic Grade
  • Food Grade

Global CBD Pet Market Revenue (US$ Mn) Based on Application

  • Joint Pain
  • Anxiety/Stress
  • Epilepsy
  • General Health/Wellness

Global CBD Pet Market Revenue (US$ Mn) Based on End Users

  • Pet specialty stores
  • e-commerce

Global CBD Pet Market Revenue (US$ Mn) Based on Region

Europe CBD Pet Market Revenue (US$ Mn) by Country

  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

North America CBD Pet Market Revenue (US$ Mn) by Country

  • U.S.
  • Canada

Asia Pacific CBD Pet Market Revenue (US$ Mn) by Country

  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America CBD Pet Market Revenue (US$ Mn) by Country

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa CBD Pet Market Revenue (US$ Mn) by Country

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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