The Global Industrial Hemp Market was estimated at USD 4.43 billion in 2021, and is projected to reach USD 15.69 billion by 2028, growing at a CAGR of 19.8%.
Industrial Hemp plant is a stout, annual, aromatic herb cultivated for its best fibre and edible seeds. The plant is strong, tough, and long-lasting and is mostly used for cordage, e.g., twine, rope, yarn, cable, string, and artificial sponges. Numerous goods, including insulation and building materials, paper, textiles, fibreglass, nutraceuticals, personal care items, bio-plastics, and biofuel are processed from industrial hemp. Without the use of harmful chemicals, herbicides, pesticides, or fertilisers, it is primarily cultivated for food and beverage production as well as non-food-based items.
Industrial hemp offers a renewable and environmentally benign raw material for the production of many products, including plastic, paper, and fuel. More than 30 nations worldwide authorise the production of industrial hemp. Industrial hemp is mostly produced in China, France, and Canada, with the United States serving as a major importer.
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The latest research on the Industrial Hemp market provides a comprehensive overview of the market for the years 2023 to 2029. It gives a comprehensive picture of the global Industrial Hemp industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Industrial Hemp market.
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
The Report Will Include A Major Chapter
- Patent Analysis
- Regulatory Framework
- Technology Roadmap
- BCG Matrix
- Heat Map Analysis
- Price Trend Analysis
- Investment Analysis
- Company Profiling and Competitive Positioning
- Industry Value Chain Analysis
- Market Dynamics and Factors
- Porter’s Five Forces Analysis
- Pestle Analysis
- SWOT Analysis
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The Major Players Covered in this Report:
- Parkland Industrial Hemp Growers Cooperative Ltd. (Canada)
- CBD Biotechnology Co. (US)
- Botanical Genetics LLC (US)
- Marijuana Company of America Inc. (US)
- HempMedsBrasil (US)
- Terra Tech Corp. (USA)
- American Cannabis Company Inc. (Colorado)
- Industrial Hemp Manufacturing LLC (Amsterdam)
- American Hemp (USA)
- Hemp Inc. (US)
- Boring Hemp Company (Oregon)
- Plains Industrial Hemp Processing Ltd. (Canada)
- Ecofiber Industries Operations (Australia)
- Valley Bio Ltd. (Canada) and other major players.
The Report helps to design marketing, sales, and production strategies. This supports to develop business opportunities. Additionally, the Industrial Hemp report provides a better understanding of the market and develops new advertising campaigns for the products to reach the target audience more accurately in a short period. Also, starting the investments, sales, and marketing campaigns at right time and with the right opportunities can save time.
Segmentation of the Industrial Hemp Market
By Product Type
- Seeds
- Fiber
By Source
- Organic
- Conventional
By Application
- Animal care
- Textile
- Foods & Beverages
- Pharmaceuticals
- Personal care
Regions:
- North America (U.S.; Canada; Mexico)
- Europe (Germany; U.K.; France; Italy; Russia; Spain etc.)
- Asia-Pacific (China; India; Japan; Southeast Asia etc.)
- South America (Brazil; Argentina etc.)
- Middle East & Africa (Saudi Arabia; South Africa etc.)
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Our comprehensive collection of reports and information of the publishers helps our client to plan & procure the appropriate reports pertaining to their requirement. The report firstly introduced the Industrial Hemp basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analysed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
Important Facts of the Industrial Hemp Market Report:
- The report combines the essential historical data and analysis required for a comprehensive research report.
- This research report includes a Global Industrial Hemp market overview, market share, demand and supply ratios, supply chain analysis and import/export details.
- The report provides information such as production values, strategies adopted by market players and the products/services they offer.
- Company profiling with comprehensive strategy, financial details and recent progress.
- The report offers a complete forecast of the global market by product, application, and region.
Table of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Product Type
3.2 By Application
3.3 By Source
Chapter 4: Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Industrial Hemp Market by Product Type
5.1 Industrial Hemp Market Overview Snapshot and Growth Engine
5.2 Industrial Hemp Market Overview
5.3 Seeds
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Seeds: Geographic Segmentation
5.4 Fiber
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Fiber: Geographic Segmentation
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