The global Veterinary CBD market garnered revenue around USD 1.460 Billion in 2019 and projected to reach USD 17.350 Billion in 2027, with at a compound annual growth rate of 36.7% throughout the estimate period from 2020 to 2027.
At the confluence of both these markets is the relatively new global veterinary CBD market which is poised to grow aggressively, especially in North America. The Pet CBD market stands to benefit from the factors that are propelling both these industries along with its own drivers which ensure that the environment for the global veterinary CBD market is conducive to unprecedented growth as reflected by its astronomical 57% CAGR for the forecast period.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Veterinary CBD market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Veterinary CBD market growth.
The global Veterinary CBD market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Honest Paws (US)
HolistaPet (US)
HempMy Pet (US)
Canna-Pet (US)
Joy Organics (US)
Fomo Bones (US)
Pet Releaf (US)
Green Roads of Florida (US)
Wet Noses (US)
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
By Source
Marijuana-Derived
Hemp-Derived
By Product
Food-Grade
Treats
Chews
Others
Therapeutic-Grade
Pet Supplements
Pet CBD Oils
Personal Care
By Distribution Channel
E-Commerce
Retail Pharmacies
Vetcare Clinics
Others
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
North America
? U.S.
? Canada
Europe
? Germany
? U.K.
? Italy
? France
? Rest of EU
Asia Pacific
? China
? India
? Japan
? Southeast Asia
? Rest of APAC
Central & South America
? Brazil
? Argentina
? Rest of Central & South America
Middle East and Africa
? UAE
? Saudi Arabia
? Rest of MEA
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