Veterinary CBD Market: By Product (Food Grade, Therapeutic Grade, and Personal Care), By Distribution Channel (E Commerce, Retail Pharmacies and Vetcare Clinics) and Geography (North America, Europe, Asia Pacific, Latin America, and MEA) 

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Veterinary CBD Market size was valued at USD  197.89 million in 2022 and is poised to grow at a significant CAGR of 14.2% from 2023-2029. The potential therapeutic applications of CBD in the context of evidence-based medicine, especially in dogs and horses in relation to the treatment of pain, epilepsy, and anxiety in order to give veterinarians a succinct summary of scientific results in this area. Increasing interest in the therapeutic approach in veterinary medicine is logically connected to expanding the use of cannabinoids or medical cannabis in humans. Due to legal restrictions, the use of medical cannabis for veterinary purposes is not permitted in many nations; however, the use of CBD alone is generally possible. However, the number of trustworthy sources for the clinical use of cannabis in veterinary medicine is substantially smaller. Cannabidiol (CBD) products have become very popular recently, both among pet owners and in the veterinary field. Over-the-counter hemp-based CBD is extremely well-liked due to its widespread accessibility and Internet "buzz," and cannabis, in general, has turned into one of the most influential natural medications to be brought into contemporary veterinary practice.

Veterinary CBD Market Key Developments:
  • In Feb 2019, Canopy Growth and Martha Stewart worked together to introduce a line of CBD-infused animal health products.

Veterinary Cbd Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

14.2%

Largest Market

North-America

Fastest Growing Market

Asia-Pacific
Veterinary CBD Market Dynamics

Over the past ten years, a rise in the proportion of homes with several pets has been crucial in maintaining the size of the pet population. In the US, there were 149 million dogs and cats kept as pets in 2020 compared to 140 million in 2019, an increase of around 7%. That growth greatly outstripped pre-pandemic projections, which expected an increase of 1%-2%. Due to the peculiarities of the lockdown situation, many Americans choose to adopt or purchase pets as companions. The epidemic also significantly decreased birth rates, which may have led some millennial couples to choose dogs over children. Hence, the flood of CBD supplements that entered the market to treat concerns like anxiety, pain management, and inflammation for pets led to an increase in the sales of pet supplements in 2020.

Veterinary Cbd Market Segmentation

By Product Type
  • Food-Grade
  • Therapeutic-Grade
  • Personal Care
By Source
  • Marijuana-Derived
  • Hemp-Derived
By Distribution Channel
  • E-Commerce
  • Retail Pharmacies
  • Vetcare Clinics

Frequently Asked Questions

The Veterinary CBD Market size was valued at USD 197.89 million in 2022

The major players in the global veterinary CBD market are Canna-Pet (US), Fomo Bones (US), Green Roads of Florida (US), HempMy Pet (US), HolistaPet (US), Honest Paws (US), Joy Organics (US), Pet Releaf (US) and Wet Noses (US).

The Veterinary CBD Market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1. Executive Summary
2. Global Veterinary CBD Market Introduction 
2.1.Global Veterinary CBD Market  - Taxonomy
2.2.Global Veterinary CBD Market  - Definitions
2.2.1.Product Type 
2.2.2.Source
2.2.3. Distribution Channel
2.2.4.Region
3. Global Veterinary CBD Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Veterinary CBD Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Veterinary CBD Market  By Product Type , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Food-Grade
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Therapeutic-Grade
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Personal Care
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6. Global Veterinary CBD Market  By Source, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Marijuana-Derived
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Hemp-Derived
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Global Veterinary CBD Market  By  Distribution Channel, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. E-Commerce
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Retail Pharmacies
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Vetcare Clinics
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8. Global Veterinary CBD Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Veterinary CBD Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Product Type  Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Food-Grade
9.1.2.Therapeutic-Grade
9.1.3.Personal Care
9.2.  Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Marijuana-Derived
9.2.2.Hemp-Derived
9.3.   Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.E-Commerce
9.3.2.Retail Pharmacies
9.3.3.Vetcare Clinics
9.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe Veterinary CBD Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Food-Grade
10.1.2.Therapeutic-Grade
10.1.3.Personal Care
10.2.  Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Marijuana-Derived
10.2.2.Hemp-Derived
10.3.   Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.E-Commerce
10.3.2.Retail Pharmacies
10.3.3.Vetcare Clinics
10.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Veterinary CBD Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Food-Grade
11.1.2.Therapeutic-Grade
11.1.3.Personal Care
11.2.  Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Marijuana-Derived
11.2.2.Hemp-Derived
11.3.   Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.E-Commerce
11.3.2.Retail Pharmacies
11.3.3.Vetcare Clinics
11.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Veterinary CBD Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Food-Grade
12.1.2.Therapeutic-Grade
12.1.3.Personal Care
12.2.  Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Marijuana-Derived
12.2.2.Hemp-Derived
12.3.   Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.E-Commerce
12.3.2.Retail Pharmacies
12.3.3.Vetcare Clinics
12.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Veterinary CBD Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
13.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Food-Grade
13.1.2.Therapeutic-Grade
13.1.3.Personal Care
13.2.  Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Marijuana-Derived
13.2.2.Hemp-Derived
13.3.   Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.E-Commerce
13.3.2.Retail Pharmacies
13.3.3.Vetcare Clinics
13.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Canna-Pet (US)
14.2.2.Fomo Bones (US)
14.2.3.Green Roads of Florida (US)
14.2.4.HempMy Pet (US)
14.2.5.HolistaPet (US)
14.2.6.Honest Paws (US)
14.2.7.Joy Organics (US)
14.2.8.Pet Releaf (US)
14.2.9.Wet Noses (US)
15. Research Methodology 
16. Appendix and Abbreviations 
  • Canna-Pet (US)
  • Fomo Bones (US)
  • Green Roads of Florida (US)
  • HempMy Pet (US)
  • HolistaPet (US)
  • Honest Paws (US)
  • Joy Organics (US)
  • Pet Releaf (US)
  • Wet Noses (US)

Adjacent Markets