CANINE ARTHRITIS MARKET ANALYSIS

Regional Analysis

Canine Arthritis Market – Regional Analysis

On the basis of region, the global canine arthritis market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America is expected witness significant growth in the global canine arthritis market, owing to presence of major players and new product launches in the region. For instance, in July 2018, CBD DOG Health — a pet wellness company — launched three new products containing healing cannabinoids at the SuperZoo Pet Industry Trade Show in Las Vegas, U.S. The three new products include, lines of CBD Oils, CBD Topicals, and CBD Treats. CBD Oil offers products namely CALM, EASE, and HEAL varieties. It contains full spectrum hemp oil and CBD. EASE Oil is a proprietary blend of curcumin-rich Turmeric and Frankincense. It offers relief from aches and pains, inflammation, joint pain, arthritis, and intestinal disorders in pets.

Moreover, increasing adoption of pets in North America is also expected to boost growth of the canine arthritis market. For instance, in 2017-2018, National Pet Owners Survey was conducted by Ipsos, Inc., and according to the survey, pet ownership in the U.S. households stands at 68% as compared to 48% in 2016.