The Global Industrial Hemp Market is expected to be around US$ 64.50 Billion by 2027 at a CAGR of 34.45% in the given forecast period.
Industrial hemp is outlined as a deciduous plant together with taproot that is capable of rapid climb underneath excellent growing conditions. It additionally includes the by-products of hemp plants and natural object. as an example, by-products are thought-about as industrial hemp and embrace hemp flour and hemp seed oil. Industrial hemp is employed in manufacturing an outsized range of product, together with construction and insulation materials, paper product, fiberglass, textiles, biofuel, nutraceuticals, bio-plastics, etc. It will be big for food and non-food product while not counting on unhealthful chemical pesticides, herbicides, and fertilizers. Hemp seeds are employed in vegetable oil, margarine, macromolecule flour, farm various on account of its favourable nutrient profile.
Increasing demand in application industries and growing legitimation of hemp cultivation area unit the 2 factors which can boost the expansion of the economic hemp market. Industrial hemp is outlined as a broadleaf plant as well as taproot that is capable of ascension underneath excellent growing conditions. The major factors driving the expansion of the economic hemp market embrace increasing legitimation within the cultivation of commercial hemp, useful properties of hemp seed and hemp seed oil, and their growing use in several food applications, and increase variety of chronic diseases.
The global Industrial Hemp market is segregated on the basis of Type as Hemp Seed, Hemp Seed Oil, CBD Hemp Oil, and Hemp Fiber. Based on Application the global Industrial Hemp market is segmented in Food, Textiles, Beverages, Personal Care Products, Pharmaceuticals, and Others. Based on Source the global Industrial Hemp market is segmented in Conventional and Organic.
The global Industrial Hemp market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Industrial Hemp market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Hempco, Ecofibre, Hemp Inc., Gencanna, Hempflax BV, Konoplex Group, Hemp Oil Canada, BAFA, Hemp Poland, Dun Agro, and others are among the major players in the global Industrial Hemp market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Industrial Hemp Market has been segmented as below:
Industrial Hemp Market, By Type
Industrial Hemp Market, By Application
Industrial Hemp Market, By Source
Industrial Hemp Market, By Region
Industrial Hemp Market, By Company
The report covers:
Report Scope:
The global Industrial Hemp market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Industrial Hemp market share. Major industry players with significant revenue share include Hempco, Ecofibre, Hemp Inc., Gencanna, Hempflax BV, Konoplex Group, Hemp Oil Canada, BAFA, Hemp Poland, Dun Agro, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Industrial Hemp Market, By Type
5.1 Introduction
5.2 Hemp Seed
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Hemp Seed Oil
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 CBD Hemp Oil
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Hemp Fiber
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6. Industrial Hemp Market, By Application
6.1 Introduction
6.2 Food
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Textiles
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Beverages
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Personal Care Products
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Pharmaceuticals
6.6.1 Market Overview
6.6.2 Market Size and Forecast
6.7 Others
6.7.1 Market Overview
6.7.2 Market Size and Forecast
7. Industrial Hemp Market, By Source
7.1 Introduction
7.2 Conventional
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Organic
7.3.1 Market Overview
7.3.2 Market Size and Forecast
8. Industrial Hemp Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Industrial Hemp, By Type
8.2.2 North America Industrial Hemp, By Application
8.2.3 North America Industrial Hemp, By Source
8.3 Europe
8.3.1 Europe Industrial Hemp, By Type
8.3.2 Europe Industrial Hemp, By Application
8.3.3 Europe Industrial Hemp, By Source
8.4 Asia-Pacific
8.4.1 Asia-Pacific Industrial Hemp, By Type
8.4.2 Asia-Pacific Industrial Hemp, By Application
8.4.3 Asia-Pacific Industrial Hemp, By Source
8.5 Rest of the World
8.5.1 Rest of the World Industrial Hemp, By Type
8.5.2 Rest of the World Industrial Hemp, By Application
8.5.3 Rest of the World Industrial Hemp, By Source
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 Hempco
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 Ecofibre
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Hemp Inc.
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Gencanna
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Hempflax BV
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Konoplex Group
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Hemp Oil Canada
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 BAFA
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 Hemp Poland
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Dun Agro
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
The Industrial Hemp Market has been segmented as below:
Industrial Hemp Market, By Type
Industrial Hemp Market, By Application
Industrial Hemp Market, By Source
Industrial Hemp Market, By Region
Industrial Hemp Market, By Company
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