Industrial Hemp Market
Industrial Hemp Market - Global Industry Assessment & Forecast
#
Pages:
199
Base Year:
2023
Jul - 2024
Format:
Report Code:
VMR-2553
Segments Covered
By
Type Hemp Seed, Hemp Seed Oil, CBD Hemp Oil, Hemp Bast, Hemp Hurd
-
By
Source Conventional, Organic
-
By
Application Food & Beverages, Textiles, Pharmaceuticals, Personal Care Products, Animal Nutrition, Paper, Construction Materials, Other applications
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 8.15 Billion |
 Revenue 2032:
|
USD 44.62 Billion |
 Revenue CAGR
(2024 - 2032): |
20.8% |
Fastest Growing Region (2024 -
2032)
|
XX |
Largest Region (2023):
|
North America and Europe |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Industrial Hemp Market Segment Analysis
- Industrial Hemp Type Outlook (Revenue, USD Million, 2018 - 2030)
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- Industrial Hemp Source Outlook (Revenue, USD Million, 2018 - 2030)
- Conventional
- Organic
- Industrial Hemp Application Outlook (Revenue, USD Million, 2018 - 2030)
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
-
North America Industrial Hemp Market, by Source
- Conventional
- Organic
-
North America Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- U.S.
- U.S. Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- U.S. Industrial Hemp Market, by Source
- Conventional
- Organic
- U.S. Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- U.S. Industrial Hemp Market, by Type
- Canada
- Canada Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- Canada Industrial Hemp Market, by Source
- Conventional
- Organic
- Canada Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- Canada Industrial Hemp Market, by Type
-
Mexico
- Mexico Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- Mexico Industrial Hemp Market, by Source
- Conventional
- Organic
- Mexico Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- Mexico Industrial Hemp Market, by Type
-
North America Industrial Hemp Market, by Type
- Europe
-
Europe Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
-
Europe Industrial Hemp Market, by Source
- Conventional
- Organic
-
Europe Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- U. K.
- U.K. Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- U.K. Industrial Hemp Market, by Source
- Conventional
- Organic
- U.K. Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- U.K. Industrial Hemp Market, by Type
- France
- France Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- France Industrial Hemp Market, by Source
- Conventional
- Organic
- France Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- France Industrial Hemp Market, by Type
-
Germany
- Germany Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- Germany Industrial Hemp Market, by Source
- Conventional
- Organic
- Germany Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- Germany Industrial Hemp Market, by Type
-
Italy
- Italy Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- Italy Industrial Hemp Market, by Source
- Conventional
- Organic
- Italy Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- Italy Industrial Hemp Market, by Type
-
Spain
- Spain Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- Spain Industrial Hemp Market, by Source
- Conventional
- Organic
- Spain Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- Spain Industrial Hemp Market, by Type
-
Rest of Europe
- Rest of Europe Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- Rest of Europe Industrial Hemp Market, by Source
- Conventional
- Organic
- Rest of Europe Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- Rest of Europe Industrial Hemp Market, by Type
-
Europe Industrial Hemp Market, by Type
- Asia Pacific
-
Asia Pacific Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
-
Asia Pacific Industrial Hemp Market, by Source
- Conventional
- Organic
-
Asia Pacific Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- China
- China Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- China Industrial Hemp Market, by Source
- Conventional
- Organic
- China Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- China Industrial Hemp Market, by Type
- Japan
- Japan Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- Japan Industrial Hemp Market, by Source
- Conventional
- Organic
- Japan Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- Japan Industrial Hemp Market, by Type
-
Germany
- Germany Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- Germany Industrial Hemp Market, by Source
- Conventional
- Organic
- Germany Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- Germany Industrial Hemp Market, by Type
-
India
- India Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- India Industrial Hemp Market, by Source
- Conventional
- Organic
- India Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- India Industrial Hemp Market, by Type
-
South Korea
- South Korea Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- South Korea Industrial Hemp Market, by Source
- Conventional
- Organic
- South Korea Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- South Korea Industrial Hemp Market, by Type
-
South East Asia
- South East Asia Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- South East Asia Industrial Hemp Market, by Source
- Conventional
- Organic
- South East Asia Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- South East Asia Industrial Hemp Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- Rest of Asia Pacific Industrial Hemp Market, by Source
- Conventional
- Organic
- Rest of Asia Pacific Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- Rest of Asia Pacific Industrial Hemp Market, by Type
-
Asia Pacific Industrial Hemp Market, by Type
- Latin America
-
Latin America Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
-
Latin America Industrial Hemp Market, by Source
- Conventional
- Organic
-
Latin America Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- Brazil
- Brazil Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- Brazil Industrial Hemp Market, by Source
- Conventional
- Organic
- Brazil Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- Brazil Industrial Hemp Market, by Type
- Argentina
- Argentina Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- Argentina Industrial Hemp Market, by Source
- Conventional
- Organic
- Argentina Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- Argentina Industrial Hemp Market, by Type
-
Rest of Latin America
- Rest of Latin America Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- Rest of Latin America Industrial Hemp Market, by Source
- Conventional
- Organic
- Rest of Latin America Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- Rest of Latin America Industrial Hemp Market, by Type
-
Latin America Industrial Hemp Market, by Type
- Middle East & Africa
-
Middle East & Africa Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
-
Middle East & Africa Industrial Hemp Market, by Source
- Conventional
- Organic
-
Middle East & Africa Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- GCC Countries
- GCC Countries Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- GCC Countries Industrial Hemp Market, by Source
- Conventional
- Organic
- GCC Countries Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- GCC Countries Industrial Hemp Market, by Type
- South Africa
- South Africa Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- South Africa Industrial Hemp Market, by Source
- Conventional
- Organic
- South Africa Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- South Africa Industrial Hemp Market, by Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Industrial Hemp Market, by Type
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Hemp Bast
- Hemp Hurd
- Rest of Middle East & Africa Industrial Hemp Market, by Source
- Conventional
- Organic
- Rest of Middle East & Africa Industrial Hemp Market, by Application
- Food & Beverages
- Textiles
- Pharmaceuticals
- Personal Care Products
- Animal Nutrition
- Paper
- Construction Materials
- Other applications
- Rest of Middle East & Africa Industrial Hemp Market, by Type
-
Middle East & Africa Industrial Hemp Market, by Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Industrial Hemp in terms of revenue?
-
The global Industrial Hemp valued at USD 8.15 Billion in 2023 and is expected to reach USD 44.62 Billion in 2032 growing at a CAGR of 20.8%.
Which are the prominent players in the market?
-
The prominent players in the market are GenCanna, HempFlax BV, Marijuana Company of America Inc., Cronos Group Inc., Ecofibre Limited, Green Thumb Industries, Curaleaf Holdings Inc., Konoplex Group, Hemp Oil Canada, Canah International, South Hemp Tecno, MH Medical Hemp GmbH, BAFA, Dun Agro Hemp Group, Colorado Hemp Works..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 20.8% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Industrial Hemp include
Which region accounted for the largest share in the market?
-
North America and Europe was the leading regional segment of the Industrial Hemp in 2023.
