CBD Pet Market - Forecast (2021 - 2026) - PowerPoint PPT Presentation

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CBD Pet Market - Forecast (2021 - 2026)

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CBD Pet Market size is estimated to reach $285.6 million by 2026, growing at a CAGR of 40.6% during the forecast period 2021-2026. Cannabidiol (CBD) is the second most prevalent of the active ingredients of marijuana. CBD pet products are increasingly being adopted across the world owing to the rise in health consciousness among pet owners and the growing number of diseases in pets. – PowerPoint PPT presentation

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Title: CBD Pet Market - Forecast (2021 - 2026)


1
CBD Pet MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • CBD Pet Market size is estimated to reach 285.6
    million by 2026, growing at a CAGR of 40.6
    during the forecast period 2021-2026.
  • Cannabidiol (CBD) is the second most prevalent of
    the active ingredients of marijuana. CBD pet
    products are increasingly being adopted across
    the world owing to the rise in health
    consciousness among pet owners and the growing
    number of diseases in pets.
  • The rise in the adoption of medium chain
    triglycerides oil in CBT products for wellness,
    increase in the demand for CBD products for
    treating deficiencies in the endocannabinoid
    system, rise in the demand for tetrahydrocannabino
    l drugs in the form of treats, and the growing
    investment by the key players to develop
    healthier.

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3
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  • Key Takeaways
  • Geographically, the North America CBD Pet Market
    accounted for the highest revenue share in 2020
    and it is poised to dominate over the period
    2021-2026 owing to the rise in the adoption of
    medium chain triglycerides oil in CBT products
    for wellness.
  • The increase in the demand for CBD products for
    treating deficiencies in the endocannabinoid
    system is driving the Treats segment. However,
    High doses of CBB adversely affect the liver and
    results in elevated enzymes, such as alkaline
    phosphatase, which is one of the major factors
    that are said to reduce the growth of the CBD Pet
    Market.

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4
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By Distribution Channel- Segment Analysis The
CBD Pet Market based on the Product Type can be
further segmented into Oil Tincture, Capsules,
Treats, Topical, and Others. The Treats segment
held the largest share owing to the factors such
as the rise in the demand for tetrahydrocannabinol
drugs in the form of treats and the increase in
the adoption of CBD for treating deficiencies in
the endocannabinoid system. The growing demand
for CBD among pet owners in developed nations is
driving the growth of the CBD Pet Market.
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5
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  • CBD Pet Market Industry Outlook 
  • Veritas Farms
  • Canopy Growth Corporation
  • Honest Paws
  • Joy Organics
  • CBD Living
  • HolistaPet
  • PETstock
  • FOMO Bones
  • Pet Releaf
  • Petco

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6
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CBD Pet Market Forecast (2021 - 2026) Learn
More About the Report _at_ https//www.industryarc
.com/Report/19491/cbd-pet-market.html
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id19491

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
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