The Global Industrial Hemp Market was estimated at USD 5.3 billion in 2022, and is projected to reach USD 22.49 billion by 2030, 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.

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Companies Mentioned:

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 Will Include A Major Chapter

·         Patent Analysis

·         Regulatory Framework

·         Technology Roadmap

·         BCG Matrix

·         Heat Map Analysis

·         Price Trend Analysis

·         Investment Analysis

The latest report on the Industrial Hemp Market provides a detailed analysis of the market for the years 2023 to 2030. It presents a comprehensive overview of the global Industrial Hemp Market industry, incorporating all key 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 research covers crucial chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to grasp the market direction and development in the present and forthcoming years.

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The Report on Industrial Hemp Market provides detailed analysis of segments in the market based on:

By Product Type

·         Seeds

·         Fiber

By Source

·         Organic

·         Conventional

By Application

·         Animal care

·         Textile

·         Foods & Beverages

·         Pharmaceuticals

·         Personal care

If You Have Any Query of Industrial Hemp Market Report, Visit:

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Key Topics Covered:

1. Report Overview

2. Executive Summary

3. Overview

4. Industrial Hemp Market by Product

5. Industrial Hemp Market by Consumption Type

7. Company Profiles

Why Purchase the Report?

·         Visualize the composition of the global Industrial Hemp Market products in terms of Product and application highlighting the critical commercial assets and players.

·         Identify commercial opportunities in the global Industrial Hemp Market by analyzing trends and co-development deals.

·         PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

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