The global Industrial Hemp market was valued at US$ 1194.6 million in 2022 and is projected to reach US$ 1506.5 million by 2030, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Industrial hemp is a variety of the Cannabis sativa plant species that is grown specifically for industrial use. It can be used to make a wide range of products. Along with bamboo, hemp is one of the fastest growing plant on Earth. It was also one of the first plants to be spun into usable fiber 50,005 years ago. It can be refined into a variety of commercial items, including paper, rope, textiles, clothing, biodegradable plastics, paint, insulation, biofuel, food, and animal feed.
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This report aims to provide a comprehensive presentation of the global market for Industrial Hemp, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Hemp. This report contains market size and forecasts of Industrial Hemp in global, including the following market information:
Global Industrial Hemp Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Industrial Hemp Market Sales, 2018-2023, 2024-2030, (Kiloton)
Global top five Industrial Hemp companies in 2022 (%)
Global industrial hemp key players include Canopy Growth Corporation, Charlotte's Web CBD, Aurora Cannabis, Folium Biosciences, Endoca, etc. Global top five manufacturers hold a share over 30%. North America is the largest market, with a share about 60%, followed by Europe, and Latin America, total have a share about 40 percent. In terms of product, CBD Oil is the largest segment, with a share over 80%. And in terms of application, the largest application is Medicine, followed by Food and Beverage, Cosmetics, etc.
We surveyed the Industrial Hemp manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Hemp Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Industrial Hemp Market Segment Percentages, by Type, 2022 (%)
Hemp Seeds
Hemp Oil
Hemp Protein
Soft Gel Caps
Global Industrial Hemp Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Industrial Hemp Market Segment Percentages, by Application, 2022 (%)
Supermarkets
Convenience Stores
Others
Global Industrial Hemp Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Industrial Hemp Market Segment Percentages, By Region and Country, 2022 (%)
NNorth America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Hemp revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Industrial Hemp revenues share in global market, 2022 (%)
Key companies Industrial Hemp sales in global market, 2018-2023 (Estimated), (Kiloton)
Key companies Industrial Hemp sales share in global market, 2022 (%)
key players include:
Manitoba Harvest
CW Hemp/CW Botanicals
Aphria
Canopy Growth Corporation
Nutiva
Agropro
CV Sciences
Isodiol
ENDOCA
Jinzhou Qiaopai Biotech
North American Hemp & Grain Co
Yunnan Industrial Hemp
GFR Ingredients Inc
Hempco
Yishutang
Naturally Splendid
BAFA neu GmbH
Aos Products
Suyash Herbs
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Hemp, market overview.
Chapter 2: Global Industrial Hemp market size in revenue and volume.
Chapter 3: Detailed analysis of Industrial Hemp manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Industrial Hemp in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Industrial Hemp capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports 1.1 Industrial Hemp Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Industrial Hemp Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Industrial Hemp Overall Market Size 2.1 Global Industrial Hemp Market Size: 2022 VS 2030 2.2 Global Industrial Hemp Revenue, Prospects & Forecasts: 2018-2030 2.3 Global Industrial Hemp Sales: 2018-2030 3 Company Landscape 3.1 Top Industrial Hemp Players in Global Market 3.2 Top Global Industrial Hemp Companies Ranked by Revenue 3.3 Global Industrial Hemp Revenue by Companies 3.4 Global Industrial Hemp Sales by Companies 3.5 Global Industrial Hemp Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Industrial Hemp Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Industrial Hemp Product Type 3.8 Tier 1, Tier 2 and Tier 3 Industrial Hemp Players in Global Market 3.8.1 List of Global Tier 1 Industrial Hemp Companies 3.8.2 List of Global Tier 2 and Tier 3 Industrial Hemp Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Industrial Hemp Market Size Markets, 2022 & 2030 4.1.2 Hemp Seeds
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