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Industrial Hemp Market

Industrial Hemp Market

Industrial Hemp Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

199

Base Year:

2023

Date

Jul - 2024

Format:

PDF XLS PPT

Report Code:

VMR-2553

Segments Covered
  • By Type By Type Hemp Seed, Hemp Seed Oil, CBD Hemp Oil, Hemp Bast, Hemp Hurd
  • By Source By Source Conventional, Organic
  • By Application By Application Food & Beverages, Textiles, Pharmaceuticals, Personal Care Products, Animal Nutrition, Paper, Construction Materials, Other applications
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2023
Forecast YearsForecast Years: 2024 - 2032
Historical YearsHistorical Years: 2018 - 2022
Revenue 2023Revenue 2023: USD 8.15 Billion
Revenue 2032Revenue 2032: USD 44.62 Billion
Revenue CAGRRevenue CAGR (2024 - 2032): 20.8%
Fastest Growing Region Fastest Growing Region (2024 - 2032) XX
Largest Region Largest Region (2023): North America and Europe
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Industrial Hemp Market - Segment Analysis
    1. Overview
    2. Global Industrial Hemp Market, 2016 - 2028 (USD Million)
    3. Global Industrial Hemp Market - by Type
      1. By Hemp Seed
      2. By Hemp Seed Oil
      3. By CBD Hemp Oil
      4. By Hemp Bast
      5. By Hemp Hurd
    4. Global Industrial Hemp Market - by Source
      1. By Conventional
      2. By Organic
    5. Global Industrial Hemp Market - by Application
      1. By Food & Beverages
      2. By Textiles
      3. By Pharmaceuticals
      4. By Personal Care Products
      5. By Animal Nutrition
      6. By Paper
      7. By Construction Materials
      8. By Other applications
    6. Global Industrial Hemp Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    7. Market comparative analysis
  4. North America Industrial Hemp Market - Segment Analysis
    1. Overview
    2. North America Industrial Hemp Market, 2016 - 2028 (USD Million)
    3. North America Industrial Hemp Market, by Type
      1. By Hemp Seed
      2. By Hemp Seed Oil
      3. By CBD Hemp Oil
      4. By Hemp Bast
      5. By Hemp Hurd
    4. North America Industrial Hemp Market, by Source
      1. By Conventional
      2. By Organic
    5. North America Industrial Hemp Market, by Application
      1. By Food & Beverages
      2. By Textiles
      3. By Pharmaceuticals
      4. By Personal Care Products
      5. By Animal Nutrition
      6. By Paper
      7. By Construction Materials
      8. By Other applications
    6. North America Industrial Hemp Market, by Country
      1. U.S.
        1. U.S. Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. U.S. Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. U.S. Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      2. Canada
        1. Canada Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. Canada Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. Canada Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      3. Mexico
        1. Mexico Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. Mexico Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. Mexico Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
  5. Europe Industrial Hemp Market - Segment Analysis
    1. Overview
    2. Europe Industrial Hemp Market, 2016 - 2028 (USD Million)
    3. Europe Industrial Hemp Market, by Type
      1. By Hemp Seed
      2. By Hemp Seed Oil
      3. By CBD Hemp Oil
      4. By Hemp Bast
      5. By Hemp Hurd
    4. Europe Industrial Hemp Market, by Source
      1. By Conventional
      2. By Organic
    5. Europe Industrial Hemp Market, by Application
      1. By Food & Beverages
      2. By Textiles
      3. By Pharmaceuticals
      4. By Personal Care Products
      5. By Animal Nutrition
      6. By Paper
      7. By Construction Materials
      8. By Other applications
    6. Europe Industrial Hemp Market, by Country
      1. Germany
        1. Germany Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. Germany Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. Germany Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      2. UK
        1. UK Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. UK Market, By Source
          1. By Conventional
          2. By Organic
        3. UK Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      3. France
        1. France Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. France Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. France Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      4. Spain
        1. Spain Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. Spain Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. Spain Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      5. Italy
        1. Italy Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. Italy Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. Italy Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      6. BENELUX
        1. BENELUX Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. BENELUX Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. BENELUX Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      7. Rest of Europe
        1. Rest Of Europe Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. Rest Of Europe Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. Rest Of Europe Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
  6. Asia Pacific Industrial Hemp Market - Segment Analysis
    1. Overview
    2. Asia Pacific Industrial Hemp Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Industrial Hemp Market, by Type
      1. By Hemp Seed
      2. By Hemp Seed Oil
      3. By CBD Hemp Oil
      4. By Hemp Bast
      5. By Hemp Hurd
    4. Asia Pacific Industrial Hemp Market, by Source
      1. By Conventional
      2. By Organic
    5. Asia Pacific Industrial Hemp Market, by Application
      1. By Food & Beverages
      2. By Textiles
      3. By Pharmaceuticals
      4. By Personal Care Products
      5. By Animal Nutrition
      6. By Paper
      7. By Construction Materials
      8. By Other applications
    6. Asia Pacific Industrial Hemp Market, by Country
      1. China
        1. China Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. China Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. China Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      2. Japan
        1. Japan Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. Japan Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. Japan Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      3. India
        1. India Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. India Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. India Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      4. South Korea
        1. South Korea Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. South Korea Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. South Korea Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      5. South East Asia
        1. South East Asia Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. South East Asia Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. South East Asia Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. Rest of Asia Pacific Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. Rest of Asia Pacific Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
  7. Latin America Industrial Hemp Market - Segment Analysis
    1. Overview
    2. Latin America Industrial Hemp Market, 2016 - 2028 (USD Million)
    3. Latin America Industrial Hemp Market, by Type
      1. By Hemp Seed
      2. By Hemp Seed Oil
      3. By CBD Hemp Oil
      4. By Hemp Bast
      5. By Hemp Hurd
    4. Latin America Industrial Hemp Market, by Source
      1. By Conventional
      2. By Organic
    5. Latin America Industrial Hemp Market, by Application
      1. By Food & Beverages
      2. By Textiles
      3. By Pharmaceuticals
      4. By Personal Care Products
      5. By Animal Nutrition
      6. By Paper
      7. By Construction Materials
      8. By Other applications
    6. Latin America Industrial Hemp Market, by Country
      1. Brazil
        1. Brazil Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. Brazil Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. Brazil Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      2. Argentina
        1. Argentina Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. Argentina Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. Argentina Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      3. Rest of Latin America
        1. Rest of Latin America Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. Rest of Latin America Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. Rest of Latin America Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
  8. Middle East & Africa Industrial Hemp Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Industrial Hemp Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Industrial Hemp Market, by Type
      1. By Hemp Seed
      2. By Hemp Seed Oil
      3. By CBD Hemp Oil
      4. By Hemp Bast
      5. By Hemp Hurd
    4. Middle East & Africa Industrial Hemp Market, by Source
      1. By Conventional
      2. By Organic
    5. Middle East & Africa Industrial Hemp Market, by Application
      1. By Food & Beverages
      2. By Textiles
      3. By Pharmaceuticals
      4. By Personal Care Products
      5. By Animal Nutrition
      6. By Paper
      7. By Construction Materials
      8. By Other applications
    6. Middle East & Africa Industrial Hemp Market, by Country
      1. GCC Countries
        1. GCC Countries Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. GCC Countries Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. GCC Countries Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      2. South Africa
        1. South Africa Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. South Africa Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. South Africa Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Industrial Hemp Market, By Type
          1. By Hemp Seed
          2. By Hemp Seed Oil
          3. By CBD Hemp Oil
          4. By Hemp Bast
          5. By Hemp Hurd
        2. Rest of Middle East & Africa Industrial Hemp Market, By Source
          1. By Conventional
          2. By Organic
        3. Rest of Middle East & Africa Industrial Hemp Market, By Application
          1. By Food & Beverages
          2. By Textiles
          3. By Pharmaceuticals
          4. By Personal Care Products
          5. By Animal Nutrition
          6. By Paper
          7. By Construction Materials
          8. By Other applications
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. GenCanna
    2. HempFlax BV
    3. Marijuana Company of America Inc.
    4. Cronos Group Inc.
    5. Ecofibre Limited
    6. Green Thumb Industries
    7. Curaleaf Holdings Inc.
    8. Konoplex Group
    9. Hemp Oil Canada
    10. Canah International
    11. South Hemp Tecno
    12. MH Medical Hemp GmbH
    13. BAFA
    14. Dun Agro Hemp Group
    15. Colorado Hemp Works.
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
FAQ
Frequently Asked Question
  • 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%.

  • 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..

  • The market is project to grow at a CAGR of 20.8% between 2024 and 2032.

  • The driving factors of the Industrial Hemp include

  • North America and Europe was the leading regional segment of the Industrial Hemp in 2023.