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Global Industrial Hemp Market Report 2024

Industrial Hemp Global Market Report 2024 – By Type (Hemp Seed, Hemp Seed Oil, Cannabidiol (CBD) Hemp Oil, Hemp Bast, Hemp Hurd), By Source (Conventional, Organic), By Application (Food And Beverages, Textiles, Pharmaceuticals, Personal Care Products, Animal Nutrition, Paper, Construction Materials, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

Industrial Hemp Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : November 2024 | Delivery Time: 2-3 business days | Format : pdf

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Industrial Hemp Market Definition

Industrial hemp is a variety of the Cannabis sativa plant explicitly grown for industrial uses, including fiber, seed, and oil production. This hemp contains only trace amounts of THC (tetrahydrocannabinol), the psychoactive compound found in higher concentrations in marijuana. Industrial hemp is recognized for its versatility and potential as a sustainable agricultural crop.

The main types of industrial hemp are hemp seed, hemp seed oil, cannabidiol (CBD) hemp oil, hemp bast, and hemp hurd. Hemp seeds are small seeds from the hemp plant that are rich in nutrients, including protein, healthy fats, and vitamins.  The various sources include conventional and organic. These are used in various applications such as food and beverages, textiles, pharmaceuticals, personal care products, animal nutrition, paper, construction materials, and others.

Industrial Hemp Market Segmentation

The industrial hemp market covered in this report is segmented –

1) By Type: Hemp Seed, Hemp Seed Oil, Cannabidiol (CBD) Hemp Oil, Hemp Bast, Hemp Hurd

2) By Source: Conventional, Organic

3) By Application: Food And Beverages, Textiles, Pharmaceuticals, Personal Care Products, Animal Nutrition, Paper, Construction Materials, Other Applications

Global Industrial Hemp Market Size 2023 to 2028: Graph

Industrial Hemp Market Size 2024 And Growth Rate

The industrial hemp market size has grown rapidly in recent years. It will grow from $6.12 billion in 2023 to $7.34 billion in 2024 at a compound annual growth rate (CAGR) of 19.8%. The growth in the historic period can be attributed to increasing demand for hemp-based textiles, rising awareness of hemp’s sustainability, growing use of hemp in construction materials, legalization of hemp cultivation in multiple countries, rising demand for hemp-derived CBD products, increasing use of hemp in animal feed.

Industrial Hemp Market Growth Forecast

The industrial hemp market size is expected to see exponential growth in the next few years. It will grow to $15.27 billion in 2028 at a compound annual growth rate (CAGR) of 20.1%. The growth in the forecast period can be attributed to expanding applications in the automotive sector, increased use of hemp in bioplastics, rising demand for hemp in the food and beverage industry, rising interest in sustainable agriculture, growing demand for hemp-based dietary supplements. Major trends in the forecast period include advancements in hemp cultivation techniques, expanding application of hemp in pharmaceutical industries, development of hemp-based packaging materials, integration of hemp in sustainable construction projects, advancements in genetic modification of hemp for higher yields.

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Industrial Hemp Market Driver: Rising Demand For Sustainable Products Fuels Industrial Hemp Market Growth

The increasing demand for sustainable and eco-friendly products is expected to propel the growth of the industrial hemp market going forward. Sustainable and eco-friendly products are goods designed to minimize environmental impact by using renewable resources, reducing waste, and promoting ecological balance. The increasing demand for sustainable and eco-friendly products is due to growing environmental awareness, regulatory pressures, consumer preference for green alternatives, and corporate commitments to reducing carbon footprints. Industrial hemp is known for its ability to grow rapidly with minimal resources. It requires fewer pesticides and herbicides than conventional crops, reducing chemical runoff and soil degradation. For instance, in March 2023, according to the NYU Stern Center for Sustainable Business (CSB), a US-based academic research center, sustainability-marketed products gained market share despite high inflation in 2022, making up 17.3% of purchases compared to conventionally marketed products, an increase of 0.3% from 2021. Therefore, the increasing demand for sustainable and eco-friendly products drives the industrial hemp market.

Global Industrial Hemp Market Major Players

Major companies operating in the industrial hemp marker are Curaleaf Holdings Inc., Aurora Cannabis Inc., Konoplex Group, Plains Industrial Hemp Processing Ltd., Manitoba Harvest Hemp Foods Information, Ecofibre Limited, Elixinol, HempFlax Group BV, PureHemp Technology, Zelios, Parkland Industrial Hemp Growers Cooperative Ltd., Marijuana Company of America Inc., IND HEMP LLC, Blue Sky Hemp Ventures Ltd., Bombay Hemp Company, Panda Biotech LLC, HempMeds Brasil, Hempro International GmbH, Dun Agro Hemp Group, Greenfield Paper Company, Hempco Food and Fiber Inc., Bast Fibre Technologies Inc., Treehouse Biotech, The Hemp Mine, Bastcore Inc., Bluebird Botanicals, South Hemp Tecno Srl

Global Industrial Hemp Market Trend: Innovative Biochar Solutions Leveraging Industrial Hemp For Carbon Sequestration And Sustainable Agriculture

Major companies operating in the industrial hemp market are focused on developing innovative products, such as biochar derived from industrial hemp, to sequester carbon, improve soil health, and generate revenue through carbon credits while supporting sustainable agriculture. Biochar derived from industrial hemp enhances soil fertility and carbon sequestration, providing a sustainable solution that benefits both agriculture and the environment within the industrial hemp market. For instance, in June 2024, Hempalta Corp., a Canada-based agricultural technology company, launched a biochar. This product is a carbon-rich material produced from organic matter, such as industrial hemp, through pyrolysis, which involves heating biomass at high temperatures in an oxygen-limited environment to trap carbon. This results in a product that enhances soil fertility and health by increasing organic carbon, improving water retention, and promoting beneficial microbial activity. It also converts agricultural waste into a valuable resource that allows farmers to monetize their efforts through carbon credits, as biochar qualifies for carbon removal initiatives. This finds versatile applications in landscaping, construction as part of hempcrete, and environmental remediation, making it an eco-friendly solution that supports agricultural productivity and climate change mitigation.

Industrial Hemp Market Merger And Acquisition: SynBiotic SE Acquires Ilesol Pharmaceuticals d.o.o. Expanding European Market Presence And Strengthening Supply Chain In Hemp And CBD Industry

In April 2024, SynBiotic SE, a Germany-based company that manufactures industrial hemp, acquired Ilesol Pharmaceuticals d.o.o. for an undisclosed amount. With this acquisition, SynBiotic aims to integrate an independent production facility for cannabinoid extracts, strengthening its supply chain, increasing its market presence in Europe, and enhancing its competitiveness in the growing hemp industry. Ilesol Pharmaceuticals d.o.o. is a Croatia-based company that manufactures industrial hemp.

Regional Insights For The Global Industrial Hemp Market

North America was the largest region in the industrial hemp market in 2023. The regions covered in the industrial hemp marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the industrial hemp marker report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The industrial hemp market consists of sales of dual-purpose hemp, and hemp for biocomposites. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The industrial hemp market research report is one of a series of new reports from The Business Research Company that provides industrial hemp market statistics, including industrial hemp industry global market size, regional shares, competitors with an industrial hemp market share, detailed industrial hemp market segments, market trends and opportunities, and any further data you may need to thrive in the industrial hemp industry. This industrial market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Industrial Hemp Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2024 $7.34 billion
Revenue Forecast In 2033 $15.27 billion
Growth Rate CAGR of 20.1% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Hemp Seed; Hemp Seed Oil; Cannabidiol (CBD) Hemp Oil; Hemp Bast; Hemp Hurd
2) By Source: Conventional; Organic
3) By Application: Food And Beverages; Textiles; Pharmaceuticals; Personal Care Products; Animal Nutrition; Paper; Construction Materials; Other Applications
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Curaleaf Holdings Inc., Aurora Cannabis Inc., Konoplex Group, Plains Industrial Hemp Processing Ltd., Manitoba Harvest Hemp Foods Information, Ecofibre Limited, Elixinol, HempFlax Group BV, PureHemp Technology, Zelios, Parkland Industrial Hemp Growers Cooperative Ltd., Marijuana Company of America Inc., IND HEMP LLC, Blue Sky Hemp Ventures Ltd., Bombay Hemp Company, Panda Biotech LLC, HempMeds Brasil, Hempro International GmbH, Dun Agro Hemp Group, Greenfield Paper Company, Hempco Food and Fiber Inc., Bast Fibre Technologies Inc., Treehouse Biotech, The Hemp Mine, Bastcore Inc., Bluebird Botanicals, South Hemp Tecno Srl
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    Table Of Contents

    1. Executive Summary

    2. Industrial Hemp Market Characteristics

    3. Industrial Hemp Market Trends And Strategies

    4. Industrial Hemp Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Industrial Hemp Market Size and Growth

    5.1. Global Industrial Hemp Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Industrial Hemp Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Industrial Hemp Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Industrial Hemp Market Segmentation

    6.1. Global Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Hemp Seed

    Hemp Seed Oil

    Cannabidiol (CBD) Hemp Oil

    Hemp Bast

    Hemp Hurd

    6.2. Global Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Conventional

    Organic

    6.3. Global Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Food And Beverages

    Textiles

    Pharmaceuticals

    Personal Care Products

    Animal Nutrition

    Paper

    Construction Materials

    Other Applications

    7. Industrial Hemp Market Regional And Country Analysis

    7.1. Global Industrial Hemp Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Industrial Hemp Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Industrial Hemp Market

    8.1. Asia-Pacific Industrial Hemp Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Industrial Hemp Market

    9.1. China Industrial Hemp Market Overview

    9.2. China Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Industrial Hemp Market

    10.1. India Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Industrial Hemp Market

    11.1. Japan Industrial Hemp Market Overview

    11.2. Japan Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Industrial Hemp Market

    12.1. Australia Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Industrial Hemp Market

    13.1. Indonesia Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Industrial Hemp Market

    14.1. South Korea Industrial Hemp Market Overview

    14.2. South Korea Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Industrial Hemp Market

    15.1. Western Europe Industrial Hemp Market Overview

    15.2. Western Europe Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Industrial Hemp Market

    16.1. UK Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Industrial Hemp Market

    17.1. Germany Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Industrial Hemp Market

    18.1. France Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Industrial Hemp Market

    19.1. Italy Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Industrial Hemp Market

    20.1. Spain Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Industrial Hemp Market

    21.1. Eastern Europe Industrial Hemp Market Overview

    21.2. Eastern Europe Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Industrial Hemp Market

    22.1. Russia Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Industrial Hemp Market

    23.1. North America Industrial Hemp Market Overview

    23.2. North America Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Industrial Hemp Market

    24.1. USA Industrial Hemp Market Overview

    24.2. USA Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Industrial Hemp Market

    25.1. Canada Industrial Hemp Market Overview

    25.2. Canada Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Industrial Hemp Market

    26.1. South America Industrial Hemp Market Overview

    26.2. South America Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Industrial Hemp Market

    27.1. Brazil Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Industrial Hemp Market

    28.1. Middle East Industrial Hemp Market Overview

    28.2. Middle East Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Industrial Hemp Market

    29.1. Africa Industrial Hemp Market Overview

    29.2. Africa Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Industrial Hemp Market Competitive Landscape And Company Profiles

    30.1. Industrial Hemp Market Competitive Landscape

    30.2. Industrial Hemp Market Company Profiles

    30.2.1. Curaleaf Holdings Inc.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Aurora Cannabis Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Konoplex Group

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Plains Industrial Hemp Processing Ltd.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Manitoba Harvest Hemp Foods Information

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Industrial Hemp Market Other Major And Innovative Companies

    31.1. Ecofibre Limited

    31.2. Elixinol

    31.3. HempFlax Group BV

    31.4. PureHemp Technology

    31.5. Zelios

    31.6. Parkland Industrial Hemp Growers Cooperative Ltd.

    31.7. Marijuana Company of America Inc.

    31.8. IND HEMP LLC

    31.9. Blue Sky Hemp Ventures Ltd.

    31.10. Bombay Hemp Company

    31.11. Panda Biotech LLC

    31.12. HempMeds Brasil

    31.13. Hempro International GmbH

    31.14. Dun Agro Hemp Group

    31.15. Greenfield Paper Company

    32. Global Industrial Hemp Market Competitive Benchmarking

    33. Global Industrial Hemp Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Industrial Hemp Market

    35. Industrial Hemp Market Future Outlook and Potential Analysis

    35.1 Industrial Hemp Market In 2028 - Countries Offering Most New Opportunities

    35.2 Industrial Hemp Market In 2028 - Segments Offering Most New Opportunities

    35.3 Industrial Hemp Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Industrial Hemp Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Industrial Hemp Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Curaleaf Holdings Inc. Financial Performance
  • Table 75: Aurora Cannabis Inc. Financial Performance
  • Table 76: Konoplex Group Financial Performance
  • Table 77: Plains Industrial Hemp Processing Ltd. Financial Performance
  • Table 78: Manitoba Harvest Hemp Foods Information Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Industrial Hemp Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Industrial Hemp Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Industrial Hemp Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Industrial Hemp Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Industrial Hemp Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Curaleaf Holdings Inc. Financial Performance
  • Figure 75: Aurora Cannabis Inc. Financial Performance
  • Figure 76: Konoplex Group Financial Performance
  • Figure 77: Plains Industrial Hemp Processing Ltd. Financial Performance
  • Figure 78: Manitoba Harvest Hemp Foods Information Financial Performance

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Frequently Asked Questions

What is the definition of the industrial hemp market?

Industrial hemp is a variety of the Cannabis sativa plant explicitly grown for industrial uses, including fiber, seed, and oil production. This hemp contains only trace amounts of THC (tetrahydrocannabinol), the psychoactive compound found in higher concentrations in marijuana. Industrial hemp is recognized for its versatility and potential as a sustainable agricultural crop. For further insights on the industrial hemp market, request a sample here

How will the industrial hemp market drivers and restraints affect the industrial hemp market dynamics? What forces will shape the industrial hemp industry going forward?

The industrial hemp market major growth driver - Rising Demand For Sustainable Products Fuels Industrial Hemp Market Growth. For further insights on the industrial hemp market, request a sample here

What is the forecast market size or the forecast market value of the industrial hemp market?

The industrial hemp market size has grown rapidly in recent years. It will grow from $6.12 billion in 2023 to $7.34 billion in 2024 at a compound annual growth rate (CAGR) of 19.8%. The growth in the historic period can be attributed to increasing demand for hemp-based textiles, rising awareness of hemp’s sustainability, growing use of hemp in construction materials, legalization of hemp cultivation in multiple countries, rising demand for hemp-derived CBD products, increasing use of hemp in animal feed. The industrial hemp market size is expected to see exponential growth in the next few years. It will grow to $15.27 billion in 2028 at a compound annual growth rate (CAGR) of 20.1%. The growth in the forecast period can be attributed to expanding applications in the automotive sector, increased use of hemp in bioplastics, rising demand for hemp in the food and beverage industry, rising interest in sustainable agriculture, growing demand for hemp-based dietary supplements. Major trends in the forecast period include advancements in hemp cultivation techniques, expanding application of hemp in pharmaceutical industries, development of hemp-based packaging materials, integration of hemp in sustainable construction projects, advancements in genetic modification of hemp for higher yields. For further insights on the industrial hemp market, request a sample here

How is the industrial hemp market segmented?

The industrial hemp market is segmented
1) By Type: Hemp Seed, Hemp Seed Oil, Cannabidiol (CBD) Hemp Oil, Hemp Bast, Hemp Hurd
2) By Source: Conventional, Organic
3) By Application: Food And Beverages, Textiles, Pharmaceuticals, Personal Care Products, Animal Nutrition, Paper, Construction Materials, Other ApplicationsFor further insights on the industrial hemp market, request a sample here

Which region has the largest share of the industrial hemp market? What are the other regions covered in the report?

North America was the largest region in the industrial hemp market in 2023. The regions covered in the industrial hemp marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the industrial hemp market, request a sample here.

Who are the major players in the industrial hemp market?

Major companies operating in the industrial hemp marker are Curaleaf Holdings Inc., Aurora Cannabis Inc., Konoplex Group, Plains Industrial Hemp Processing Ltd., Manitoba Harvest Hemp Foods Information, Ecofibre Limited, Elixinol, HempFlax Group BV, PureHemp Technology, Zelios, Parkland Industrial Hemp Growers Cooperative Ltd., Marijuana Company of America Inc., IND HEMP LLC, Blue Sky Hemp Ventures Ltd., Bombay Hemp Company, Panda Biotech LLC, HempMeds Brasil, Hempro International GmbH, Dun Agro Hemp Group, Greenfield Paper Company, Hempco Food and Fiber Inc., Bast Fibre Technologies Inc., Treehouse Biotech, The Hemp Mine, Bastcore Inc., Bluebird Botanicals, South Hemp Tecno Srl For further insights on the industrial hemp market, request a sample here.

What are the key trends in the industrial hemp market?

Major trend in the industrial hemp market - Innovative Biochar Solutions Leveraging Industrial Hemp For Carbon Sequestration And Sustainable Agriculture. For further insights on the industrial hemp market, request a sample here.

What are the major opportunities in the industrial hemp market? What are the strategies for the industrial hemp market?

For detailed insights on the major opportunities and strategies in the industrial hemp market, request a sample here.

How does the industrial hemp market relate to the overall economy and other similar markets?

For detailed insights on industrial hemp market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the industrial hemp industry?

For detailed insights on the mergers and acquisitions in the industrial hemp industry, request a sample here.

What are the key dynamics influencing the industrial hemp market growth? SWOT analysis of the industrial hemp market.

For detailed insights on the key dynamics influencing the industrial hemp market growth and SWOT analysis of the industrial hemp industry, request a sample here.