Cannabidiol (CBD) is a rapidly emerging industry, and many analysts have predicted explosive growth in the space. Consumers are catching up on the benefits of CBD on human health, but few are aware of its benefits for pets, mainly cats and dogs. Many CBD-infused products that can promote wellness in animals are already available in the market. These products can help animals with medical and emotional issues, as well as physical problems like cuts and wounds.
Pet owners can use CBD treatments for many medical issues including muscle spasms, arthritis, cancer pain, and digestive disorders. CBD can also help with behavioral problems like anxiety, trauma, mood, and obsession. Some pet owners use CBD to speed healing after surgery, as it can stimulate the appetite and relieve stress.
You might be worried that CBD products could have a psychoactive effect on pets because CBD is a cannabis derivative. But you can put this worry aside as hemp-derived CBD contains virtually no tetrahydrocannabinol (THC). THC is the psychoactive component of cannabis, but biotech companies have found a way to derive CBD without the intoxicating element. This is a significant milestone in the health and wellness industry as CBD has a myriad of benefits. Analysts predict that CBD and biotech firms have potential to shake the pharmaceutical industry through innovation.
CBD products for pets are available in a number of forms such as oils, edibles, tinctures, and capsules. Most companies use hemp-derived CBD, which contains less than 0.3% of THC, so these products have no psychoactive effect. Many CBD treatments for animals also come in different strengths, so owners can choose the concentration of cannabidiol depending on the weight of their pets.
Although CBD treatments for pets are a fairly new addition to the CBD sphere, they are gaining popularity due to their efficacy. The same goes for the CBD market as a whole; The Hemp Business Journal estimated that the CBD market will grow to $2.1 billion in consumer sales by 2020. They expect $450 million of these sales to come from hemp-derived CBD.