23 Jul, 2026
According to Straits Research the global CBD pet market was valued at $435 million in 2025 and is anticipated to grow from $576 million in 2026 to $5476 million by 2034, registering a CAGR of 32% during the forecast period 2026–2034.The pet CBD market is expected to expand significantly during the forecast period due to an increase in research funding by investors in the pet CBD market. By source form, the hemp plant-derived CBD is expected to receive the majority of revenue in the pet CBD market. Also, the demand for Pet CBD products has skyrocketed, following the passage of the 2018 Farm Bill in December 2018. Also, easy market accessibility and less stringent regulations will help to boost the successful growth of the hemp sub-segment. Followed by the hemp, marijuana-derived CBD may show modest growth in the pet CBD market due to the tight regulations.
Pet owners' trust in Pet CBD products is expected to increase as more scientific research on the health benefits of CBD for pets become available and transparent, and consistent policy is put in place to enable veterinarians to evaluate and recommend CBD products. Pet CBD, in turn, is projected to make up a USD 1.7 billion market by the end of 2025, powered by further awareness and discussion of the possible benefits of CBD combined with ongoing product advances from CBD companies.
For instance, in June 2020, the Nielsen Group and Headset announced to release the 2020 Pet Industry Green Paper, a resource on hemp-based CBD products in the pet product market. According to the study, more than USD 9.4 million in pet merchandise was sold to licensed adult cannabis retailers throughout California, Colorado, Nevada, and Washington between the first quarter of 2018 and the 3rd quarter of 2019.
The CBD pet market is driven by the increasing adoption of cannabidiol-based products for improving pet health and wellness. Growing awareness among pet owners regarding the potential benefits of CBD for managing anxiety, pain, inflammation, seizures, and age-related conditions has significantly increased demand for CBD-infused pet products. Rising investments in research and development, along with expanding product innovation, are further supporting market growth.
The market is also benefiting from favorable regulatory developments in several countries, particularly for hemp-derived CBD products. The legalization of hemp cultivation and the growing availability of hemp-based CBD formulations have encouraged manufacturers to expand their product portfolios across pet treats, oils, tinctures, capsules, and topical products. Increasing market accessibility, expanding distribution channels, and relatively less stringent regulations for hemp-derived CBD continue to strengthen the growth of this segment, while marijuana-derived CBD products remain subject to stricter regulatory controls.
Furthermore, growing scientific research on the safety and efficacy of CBD for pets is improving consumer confidence and encouraging wider acceptance among pet owners and veterinary professionals. Industry collaborations, market studies, and continuous product innovation are expanding awareness of CBD-based pet care solutions. As regulatory frameworks become more consistent and evidence supporting CBD use in companion animals continues to grow, the CBD pet market is expected to witness sustained long-term growth.
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