Survey: Pet Owners More Likely to Support Legalization of Marijuana
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Pet owners are more likely than the overall population to support the legalization of marijuana, with agreement levels ranging from 64 percent to 69 percent, compared to 57 percent for all U.S. consumers, according to Packaged Facts, which recently reported additional findings from its February/March 2019 and April 2019 pet owner surveys.
Coupled with the findings in the Pet Supplements in the U.S., 7th Edition, report released in May, it shows that cannabidiol (CBD) products are “shining a bright light” on the U.S. pet supplements market. The “surge of interest” in cannabis products has “spilled over with gusto” into the pet supplements market, according to the Rockville, Md.-based market research firm.
Overall, Packaged Facts projects pet supplement sales to continue along a steady growth path, posting annual gains averaging 5 percent in the coming years.
Sales of other types of pet supplements are also moving along, with joint care products and supplements treating other age-related conditions remaining the most popular, according to Packaged Facts.
Additional findings from the pet owner surveys: 29 percent of dog owners and 17 percent of cat owners purchased pet supplements in the previous 12 months; 87 percent of dog owners and 86 percent of cat owners who purchase pet supplements use human supplements, compared to 67 percent of adults overall; PetSmart and Petco have the highest pet supplement purchase rates of brick-and-mortar outlets, ranging from 31 percent to 38 percent among pet supplement purchasers, with Walmart at 28 percent of dog and cat owners.