openPR Logo
Press release

Pet CBD Market Demand and Forecast to 2028

10-09-2019 03:07 PM CET | Health & Medicine

Press release from: TMR Research

TMR Research

TMR Research

Global Pet CBD Market – Overview

The global pet CBD market is projected to witness considerable growth over the coming years of the forecast period. This growth of the market is fueled by the growing research funding provided by some of the large corporations working in the market. Pet CBD market has also benefitted from the growing awareness among people. More and more veterinary professionals are recommending these products for treating the chronic disorders occurring among pets.

Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6075

Global Pet CBD Market – Notable Developments

The global pet CBD market shows a fragmented vendor landscape with the presence of large pool of key players. Some of the key players in the market include names such as Bluebird Botanicals, Kat’s Naturals, PotNetwork Holdings Inc., Diamond CBD, Pet Releaf, Cannabis Strategies Acquisition Corp., and Pure Spectrum among others.

Some of the recent developments in the global pet CBD market are listed below:

In June 2019, PotNetwork Holding Inc. announced that its subsidiary Diamond CBD has introduced a wide range of new lines of CBD oil products in the market. These new products include CBD oil with olive oil, CBD oil honey tinctures, CBD oil with hemp seed oil, and full spectrum CBD MCT oils. The company expects to leverage the peaking consumer interests and growing preference for CBD products.
In September 2019, Pet Releaf, one of the biggest brands in the global pet CBD market, announced that the company has launched a special edition of their highly popular collection of Barking Dog Edibites®. The new edition is an all-natural and full spectrum regular CBD dietary supplement for dogs.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=6075

Global Pet CBD Market – Drivers and Restraints

One of the biggest driving factor for the growth of the global pet CBD market is the increasing prevalence of GIT and bowel related disorders among pets. Just like humans, pets too suffer from sleeping or anxiety disorders and thus need special treatment. This has thus worked in favor of the pet CBD market.

Another important driving factor for the growth of the global pet CBD market is the growing occurrence of cancer related complications. Cannabidiol treatment has thus become an important method for treating pet and helping the market to grow. Moreover, there has been a growing demand for different CBD derivatives in the market to treat chronic pet disorders. At times, there are cases of pet suffering from heart disorders or tachycardia. Treatment of such chronic disorders is also creating great demand for the market.

Global Pet CBD Market – Geographical Outlook

In terms of geographical segmentation, the global pet CBD market has five key regional segments namely, Europe, Latin America, North America, Asia Pacific, and the Middle East and Africa. Of these regional segments, currently North America is the most dominating one followed by Europe. The growth of the North America region is due to the presence of several animal research and development facilities. Whereas, the growth of the Europe market is due to the high prevalence of GIT related and bowel related disorders among the pets. In coming years, these two regions are expected to continue to lead the global pet CBD market.

Asia Pacific is expected to undergo considerable transformation over the course of the given forecast period of 2018 to 2028. The growth of the market can be primarily attributed to expanding production facilities in the region. Manufacturers are investing to expand the production of CBD capsules and oil cakes for the pets in countries such as India and China. It is expected to boost the development of the market in the region.

Global Pet CBD Market Segmentation

Source Type

Hemp plant derived
Marijuana derived
Indication Type

Sleep disorders
Epilepsy
Cancer
Bowel disorders

End-user

Veterinary hospitals
Veterinary clinics
Pharamcies
Pet shops

About TMR Research:

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Pet CBD Market Demand and Forecast to 2028 here

News-ID: 1845449 • Views: 81

More Releases from TMR Research

Data Discovery Market Statistics, Segment, Trends, Size, Share, Type, Demand and …
Global Data Discovery Market: Snapshot Data discovery is one of the more crucial processes in the process of business intelligence. The key intention of data discovery is to the produce and use reports of an interactive nature that can be used to generate and explore data coming in from multiple sources. This is essentially a user-driven process that involves finding patterns and particular objects within a data set. Some of the
Hadoop Big Data Analytics Market Forecast By 2025 | Tableau Software Teradata Co …
Global Hadoop Big Data Analytics Market: Snapshot The expansion of the World Wide Web started from the later phase of the previous century and has shown an almost exponential rate of growth in this one. The genesis of search engines and indexing in early 2000s helped users of the Internet gain relevant data from the ever-increasing piles of information across the online highways. Technology has come a very long way from
IoT IAM Market Latest Technological Developments Report 2025
Global IoT IAM Market: Snapshot Simple changes brought in by Internet of Things (IoT) vendors that show promise of better security solution for identity and access management (IAM) systems are expected to change the game for the global market. This value addition in the IAM is expected to become an indispensable and an integral change in the coming years, thereby boosting the growth of the overall market. Today, IoT IAM systems
Mobile BI Market Strategies and Forecasts to 2025 | Qlik Technologies, SAS Insti …
Global Mobile BI Market: Overview The global mobile BI market is envisaged to witness the addition of new products and features to keep consumers interested. For instance, the Redmond-based giant technology company, Microsoft recently announced the inclusion of new features such as ‘Shared with me View’ in its all-platform Power BI mobile apps. Also accessible through web portals, Power BI mobile apps have been updated to facilitate users with a

All 5 Releases


More Releases for CBD

CBD Oil Market Future Growth Prospect and Trends 2025 by Top Key Players IRIE CB …
The CBD Oil Market is continuously growing in the global scenario at significant pace. CBD is one of the hundreds of cannabinoids found in the Cannabis sativa plant. CBD can be derived from two different species of cannabinoids: marijuana and hemp. Growing awareness about benefits of CBD oil among people and worldwide expansion of young population are the substantial driving factors of the market during the forecast period. The CBD
CBD Oil Market Massive Growth and Demand with Top Key Players: IRIE CBD, Elixino …
The CBD Oil Market is continuously growing in the global scenario at significant pace. CBD is one of the hundreds of cannabinoids found in the Cannabis sativa plant. CBD can be derived from two different species of cannabinoids: marijuana and hemp. Growing awareness about benefits of CBD oil among people and worldwide expansion of young population are the substantial driving factors of the market during the forecast period. In addition
Sydney CBD Medical Centre
Our mission is to provide the highest standard care to you and your family. We are committed to promote well being and disease prevention. We pride ourselves on our services and our doctors are continually pursuing excellence in medicine and surgery through their work and study. This is a fully accredited medical centre under the standards set by the Royal Australian College of General Practitioners and also NSW Health Dept
Will FDA’s Endorsement of CBD-based Drugs Spur Cannabidiol Sales?
The cannabidiol marketplace is likely to witness significant R&D investment in the pharmaceutical industry as a broad-spectrum pharmaceutical therapeutics. Multiple scientific studies have shown promising results of cannabidiol for its potential in the treatment of a number of diseases. Following which the cannabidiol market is marked by a considerable cannabidiol therapeutics getting FDA approval or moving ahead in the human clinical trials. For instance, INSYS Therapeutics, Inc. announced in March
F2P Industries Creates Groundbreaking CBD Product
[DENVER, COLORADO] With the dramatic rise in the popularity of CBD, innovation is booming. Colorado-based F2P Industries has just entered the market in a big way with the launch of a powerhouse lineup of CBD products that address aches, pain, inflammation, anxiety and digestive disorders. F2P Industries is focused on creating products that are effective, natural, empowering, consistently reliable and unquestionably life-changing. Between the company’s commitment to sustainability and its use
Global CBD Oil Market 2018 | Major Kay Players – ENDOCA, Isodiol, Medical Mari …
WiseGuyRerports.com Presents “Global CBD Oil Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023” New Document to its Studies Database Hemp oil extracts have traditionally been used around the globe as medicine. A large body of evidence has indicated that the benefits of CBD hemp oil can relieve various ailments. Endoca maintains the biochemical equilibrium within the hemp plants to maximize the beneficial effects of its organic CBD oil. Scope