Rising demand driven by pet humanization, innovative therapies, and regulatory advancements

The global CBD pet care market is projected to grow at an impressive compound annual growth rate (CAGR) of 12.67%, reaching a valuation of $6,144.57 million by 2030, up from $3,384.49 million in 2025, according to a new study by Knowledge Sourcing Intelligence.

CBD pet care products, derived primarily from hemp, are gaining traction for their ability to enhance pet well-being by interacting with the endocannabinoid system. These products help manage anxiety, chronic pain, inflammation, seizures, and other health concerns in pets, positioning them as an alternative therapy for holistic pet care.

The growth of the CBD pet care market is fueled by increasing pet humanization, where owners treat their pets as family members, leading to higher spending on pet wellness. Additionally, regulatory clarity around hemp-derived CBD, coupled with rising awareness of its benefits, has encouraged market innovation. In August 2024, for instance, Tenacious Labs acquired Rover’s Wellness, a THC-free CBD pet care retailer, highlighting the industry's expansion through strategic partnerships.

Hemp-derived CBD dominates the market due to its safety profile and legal accessibility. Food-grade CBD pet products, known for their palatability and variety, hold a larger share compared to pharma-grade products. Dogs lead the market in terms of animal type, given their prevalence in households and their susceptibility to health issues treatable with CBD.

Key players shaping the market include HempMy Pet, Pet Releaf, Canna-Pet, and HolistaPet. Their commitment to innovation and quality continues to drive the evolution of CBD pet care.