The global industrial hemp market size was estimated at USD 4 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 16 % from 2022 to 2028. The market is driven by the growing demand for industrial hemp from application industries, such as the food & beverage, personal care, and animal care industries, across the globe.
Key Players
- Parkland Industrial Hemp Growers Cooperative Ltd.
- CBD Biotechnology Co.
- Botanical Genetics, LLC
- Marijuana Company of America, Inc.
- HempMedsBrasil
- Terra Tech Corp.
- American Cannabis Company, Inc.
- HempFlax B.V.
By Type
- Seeds
- Fiber
- Shivs
By Application
- Animal Care
- Textiles
- Automotive
- Furniture
- Food & Beverages
- Paper
Scope of the Report
The research study analyses the Industrial Hemp Market from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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A full report is available at: https://orionmarketreports.com/industrial-hemp-market/91239/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
Media Contact:
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