If you’re in the industry and looking to learn more about the CBD market for pet products, the experts at Hemp Industry Daily, in partnership with The Nielsen Company, have collaborated to create this report.
This “sector snapshot” is part of an ongoing partnership that aims to provide consumer data and research for the hemp and CBD industry. The report gives insight on consumer demographics, market trends, and forecasts future market growth, however it bases predictions on several assumptions (see pg. 6), including that the FDA will provide guidance and/or favorable legislation on the subject in early 2021….this remains to be seen.
This report is freely accessible online at hempindustrydaily.com or can be accessed by clicking the link below:
https://hempindustrydaily.com/wp-content/uploads/2020/10/pet-CBD-2020_FINAL.pdf