CBD pet products market depends upon the type of food grade and therapeutic grade, the distribution channel such as online retail channels, retail pharmacies, veterinary clinics, and other distribution channels, and predominantly localized in the regions of North America, Europe, Asia Pacific, South America, and Africa. This report shows the market size and growth are denoted in USD million for all the given below segments.

Market outline

The global market for CBD pet products is predicted to witness a CAGR of 12% during the forecast period of 2022-27. A noteworthy aspect is that during the covid times, the market did not experience any negative consequences. Instead, the sales of CBD pet products got hiked as there were no new entrants during the covid session, which directly benefitted the existing players from the growing demand for CBD pet products. The spike in sales is because of the availability of products on e-commerce platforms, which made it readily and easily available for pet owners to access the products and have them delivered to their doorsteps during the lockdown period. In addition, the increasing consumer awareness of natural supplements mainly amplifies CBD for dogs, cats, and other pet supplements. Currently, traditional dog or cat products dominate the market for equine and other domesticated animals. However, the top-selling products are other CBD on dog treats, supplements, food additives, and therapeutic CBD with anti-anxiety and anti-inflammation properties.

North America dominates the market by capturing the consumer's attention with the CBD pet supplements about natural supplements and the current spotlight on the medical and therapeutic benefits of cannabis. Moreover, the successive rise in the adoption of pets and hiking demand for premium care products are a few factors that result in driving the market growth. Besides this, in 2018, in the United States, pet care was considered for nearly 3% of the overall revenue of the legal cannabis industry.

Scope of the Report

CBD is one of the major chemical compounds known as cannabinoids, mainly found in the cannabis plant, Cannabis sativa L. T.H.C. (tetrahydrocannabinol), the psychoactive agent in marijuana. Restricting the scope of the study, the food-grade use of CBD in pet products is limited to treats, chews, and others. On the other hand, therapeutic-grade use is limited to pet supplements, pet CBD oils, and pet personal care products.

Final Verdict

Hence, this is all you need to know about the CBD market products trends, growth, and covid pandemic impact; the product is used in a few regions of the United States due to its high demand. J.J. Hemp Dispensary is one of the trustworthy and authentic online stores available where you can get top-quality CBD pet products such as CBD dog capsules,

CBD dog chews, CBD dog tinctures, CBD gummies for pain or sex, Hookas, and many more. Every product we provide to the customers is passed through a third-party lab test,

C.O.A. certified and absolutely safe for human consumption. For more information about us, you can visit our official website https://jjhempdispensary.com.

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366 second street pike

Southampton, PA, United States