PUBLISHER: Grand View Research | PRODUCT CODE: 1888721
PUBLISHER: Grand View Research | PRODUCT CODE: 1888721
The global CBD pet market size was estimated at USD 331.0 million in 2024 and is projected to reach USD 3,939.1 million by 2033, growing at a CAGR of 32.69% from 2025 to 2033. Some of the key factors driving the market growth are rising investment in R&D and product innovation, growing awareness of CBD's therapeutic benefits, and expansion of distribution channels and product accessibility.
In addition, the market is experiencing growth due to supportive regulatory developments in the regions.
Investments by manufacturers in research and development are enhancing product efficacy, safety, and formulation, thereby driving the CBD pet industry. The key companies are exploring novel delivery methods such as flavored chews, oils, capsules, and topicals to improve palatability and ease of administration. Many scientific studies on CBD's effects on stress, anxiety, arthritis, and inflammation in pets help validate claims and promote research initiatives. A study published by the Journal of Cannabis Research in November 2025, highlighted CBD's therapeutic potential, especially for anxiety, sleep, and psychosis, where the global institutions continue investigating its broader applications.
In addition, innovation also extends to customized, breed-specific, and life-stage-targeted products, increasing relevance for pet owners. For instance, in August 2025, Rooted Owl was awarded the 2025 Pet Innovation Award for its CBD calming oil, recognized for innovative, veterinarian-developed, organic formulations that ease pet stress, promote relaxation, and exemplify premium pet wellness solutions. Such innovations are expanding CBD pet wellness market.
Global CBD Pet Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global CBD pet market report based on animal, indication, distribution channel, and region: