Latin America Cbd Pet Market Size & Outlook, 2025-2033
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Latin America cbd pet market highlights
- The Latin America cbd pet market generated a revenue of USD 35.0 million in 2024.
- The market is expected to grow at a CAGR of 33% from 2025 to 2033.
- In terms of segment, dogs was the largest revenue generating animal type in 2024.
- Cats is the most lucrative animal type segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2025 to 2033.
Latin America data book summary
| Market revenue in 2024 | USD 35.0 million |
| Market revenue in 2033 | USD 456.5 million |
| Growth rate | 33% (CAGR from 2025 to 2033) |
| Largest segment | Dogs |
| Fastest growing segment | Cats |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dogs, Cats |
| Key market players worldwide | Petco Health and Wellness Co Inc Ordinary Shares - Class A, Charlottes Web Holdings Inc Ordinary Shares, Woolworths Group Ltd, SNDL Inc Ordinary Shares, Honest Paws, Canna-Pet, Green Roads, Pet Releaf, Holistapet, Joy Organics, Wet Noses, CBD Living, Hemp My Pet |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.6% of the global cbd pet market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 901.7 million by 2033.
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CBD Pet Market Scope
CBD Pet Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hemp My Pet | View profile | 11-50 | Longmont, Colorado, United States, North America | https://www.hempmypet.com/ |
| CBD Living | View profile | 11-50 | Corona, California, United States, North America | https://cbdliving.com |
| Wet Noses | View profile | 101-250 | Monroe, Washington, United States, North America | https://wet-noses.com/ |
| Joy Organics | View profile | 11-50 | Fort Collins, Colorado, United States, North America | https://joyorganics.com |
| Holistapet | View profile | 1-10 | Commerce, California, United States, North America | https://www.holistapet.com |
| Pet Releaf | View profile | 11-50 | Littleton, Colorado, United States, North America | https://petreleaf.com |
| Green Roads | View profile | 51-100 | Davie, Florida, United States, North America | https://greenroads.com/ |
| Canna-Pet | View profile | 1-10 | Seattle, Washington, United States, North America | https://canna-pet.com |
| Honest Paws | View profile | 51-100 | League City, Texas, United States, North America | https://www.honestpaws.com |
| SNDL Inc Ordinary Shares | View profile | 2516 | 919-11 Avenue South West, Suite 300, Calgary, AB, Canada, T2R 1P3 | https://www.sndl.com |
| Woolworths Group Ltd | View profile | 210067 | 1 Woolworths Way, P.O. Box 8000, Bella Vista, Baulkham Hills, Sydney, NSW, Australia, 2153 | https://www.woolworthsgroup.com.au |
| Charlottes Web Holdings Inc Ordinary Shares | View profile | 164 | 700 Tech Court, Louisville, CO, United States, 80027 | https://www.charlottesweb.com |
| Petco Health and Wellness Co Inc Ordinary Shares - Class A | View profile | 29000 | 10850 Via Frontera, San Diego, CA, United States, 92127 | https://www.petco.com |
Latin America cbd pet market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cbd pet market will help companies and investors design strategic landscapes.
Dogs was the largest segment with a revenue share of 65.71% in 2024. Horizon Databook has segmented the Latin America cbd pet market based on dogs, cats covering the revenue growth of each sub-segment from 2021 to 2033.
The Latin America CBD pet market is anticipated to grow during the forecast period. Decriminalization of cannabis, therapeutic properties of CBD, and domestic hemp production are some of the factors driving the growth of the Latin America market.
Moreover, Furthermore, the CBD market in the region is growing due to increasing government initiatives to legalize the industry. In addition, the anticipated increase in demand for CBD in medicinal treatments, along with the promotion of more accessible regulatory laws by international market
Participants, is expected to drive market growth. In LATAM and Caribbean countries, the legalization of cannabis has increased. The country's authorities have conducted a long campaign to decriminalize marijuana usage while combating the widespread illegal marijuana trade.
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Target buyers of Latin America cbd pet market databook
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America cbd pet market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America cbd pet market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Latin America cbd pet market size, by country, 2021-2033 (US$M)
Latin America CBD Pet Market Outlook Share, 2024 & 2033 (US$M)
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