Industrial Hemp Market
Industrial Hemp Market - Global Industry Assessment & Forecast
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
-
Executive Dashboard
- Strategic Imperatives
-
Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
-
Global Industrial Hemp Market - Segment Analysis
- Overview
- Global Industrial Hemp Market, 2016 - 2028 (USD Million)
-
Global Industrial Hemp Market - by Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
-
Global Industrial Hemp Market - by Source
- By Conventional
- By Organic
-
Global Industrial Hemp Market - by Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
-
Global Industrial Hemp Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
-
North America Industrial Hemp Market - Segment Analysis
- Overview
- North America Industrial Hemp Market, 2016 - 2028 (USD Million)
-
North America Industrial Hemp Market, by Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
-
North America Industrial Hemp Market, by Source
- By Conventional
- By Organic
-
North America Industrial Hemp Market, by Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
-
North America Industrial Hemp Market, by Country
- U.S.
- U.S. Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- U.S. Industrial Hemp Market, By Source
- By Conventional
- By Organic
- U.S. Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- U.S. Industrial Hemp Market, By Type
- Canada
- Canada Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- Canada Industrial Hemp Market, By Source
- By Conventional
- By Organic
- Canada Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- Canada Industrial Hemp Market, By Type
- Mexico
- Mexico Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- Mexico Industrial Hemp Market, By Source
- By Conventional
- By Organic
- Mexico Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- Mexico Industrial Hemp Market, By Type
- U.S.
-
Europe Industrial Hemp Market - Segment Analysis
- Overview
- Europe Industrial Hemp Market, 2016 - 2028 (USD Million)
-
Europe Industrial Hemp Market, by Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
-
Europe Industrial Hemp Market, by Source
- By Conventional
- By Organic
-
Europe Industrial Hemp Market, by Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
-
Europe Industrial Hemp Market, by Country
- Germany
- Germany Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- Germany Industrial Hemp Market, By Source
- By Conventional
- By Organic
- Germany Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- Germany Industrial Hemp Market, By Type
- UK
- UK Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- UK Market, By Source
- By Conventional
- By Organic
- UK Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- UK Market, By Type
- France
- France Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- France Industrial Hemp Market, By Source
- By Conventional
- By Organic
- France Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- France Industrial Hemp Market, By Type
- Spain
- Spain Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- Spain Industrial Hemp Market, By Source
- By Conventional
- By Organic
- Spain Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- Spain Industrial Hemp Market, By Type
- Italy
- Italy Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- Italy Industrial Hemp Market, By Source
- By Conventional
- By Organic
- Italy Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- Italy Industrial Hemp Market, By Type
- BENELUX
- BENELUX Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- BENELUX Industrial Hemp Market, By Source
- By Conventional
- By Organic
- BENELUX Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- BENELUX Industrial Hemp Market, By Type
- Rest of Europe
- Rest Of Europe Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- Rest Of Europe Industrial Hemp Market, By Source
- By Conventional
- By Organic
- Rest Of Europe Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- Rest Of Europe Industrial Hemp Market, By Type
- Germany
-
Asia Pacific Industrial Hemp Market - Segment Analysis
- Overview
- Asia Pacific Industrial Hemp Market, 2016 - 2028 (USD Million)
-
Asia Pacific Industrial Hemp Market, by Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
-
Asia Pacific Industrial Hemp Market, by Source
- By Conventional
- By Organic
-
Asia Pacific Industrial Hemp Market, by Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
-
Asia Pacific Industrial Hemp Market, by Country
- China
- China Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- China Industrial Hemp Market, By Source
- By Conventional
- By Organic
- China Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- China Industrial Hemp Market, By Type
- Japan
- Japan Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- Japan Industrial Hemp Market, By Source
- By Conventional
- By Organic
- Japan Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- Japan Industrial Hemp Market, By Type
- India
- India Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- India Industrial Hemp Market, By Source
- By Conventional
- By Organic
- India Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- India Industrial Hemp Market, By Type
- South Korea
- South Korea Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- South Korea Industrial Hemp Market, By Source
- By Conventional
- By Organic
- South Korea Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- South Korea Industrial Hemp Market, By Type
- South East Asia
- South East Asia Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- South East Asia Industrial Hemp Market, By Source
- By Conventional
- By Organic
- South East Asia Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- South East Asia Industrial Hemp Market, By Type
- Rest of Asia Pacific
- Rest of Asia Pacific Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- Rest of Asia Pacific Industrial Hemp Market, By Source
- By Conventional
- By Organic
- Rest of Asia Pacific Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- Rest of Asia Pacific Industrial Hemp Market, By Type
- China
-
Latin America Industrial Hemp Market - Segment Analysis
- Overview
- Latin America Industrial Hemp Market, 2016 - 2028 (USD Million)
-
Latin America Industrial Hemp Market, by Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
-
Latin America Industrial Hemp Market, by Source
- By Conventional
- By Organic
-
Latin America Industrial Hemp Market, by Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
-
Latin America Industrial Hemp Market, by Country
- Brazil
- Brazil Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- Brazil Industrial Hemp Market, By Source
- By Conventional
- By Organic
- Brazil Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- Brazil Industrial Hemp Market, By Type
- Argentina
- Argentina Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- Argentina Industrial Hemp Market, By Source
- By Conventional
- By Organic
- Argentina Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- Argentina Industrial Hemp Market, By Type
- Rest of Latin America
- Rest of Latin America Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- Rest of Latin America Industrial Hemp Market, By Source
- By Conventional
- By Organic
- Rest of Latin America Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- Rest of Latin America Industrial Hemp Market, By Type
- Brazil
-
Middle East & Africa Industrial Hemp Market - Segment Analysis
- Overview
- Middle East & Africa Industrial Hemp Market, 2016 - 2028 (USD Million)
-
Middle East & Africa Industrial Hemp Market, by Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
-
Middle East & Africa Industrial Hemp Market, by Source
- By Conventional
- By Organic
-
Middle East & Africa Industrial Hemp Market, by Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
-
Middle East & Africa Industrial Hemp Market, by Country
- GCC Countries
- GCC Countries Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- GCC Countries Industrial Hemp Market, By Source
- By Conventional
- By Organic
- GCC Countries Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- GCC Countries Industrial Hemp Market, By Type
- South Africa
- South Africa Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- South Africa Industrial Hemp Market, By Source
- By Conventional
- By Organic
- South Africa Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- South Africa Industrial Hemp Market, By Type
- Rest of Middle East & Africa
- Rest of Middle East & Africa Industrial Hemp Market, By Type
- By Hemp Seed
- By Hemp Seed Oil
- By CBD Hemp Oil
- By Hemp Bast
- By Hemp Hurd
- Rest of Middle East & Africa Industrial Hemp Market, By Source
- By Conventional
- By Organic
- Rest of Middle East & Africa Industrial Hemp Market, By Application
- By Food & Beverages
- By Textiles
- By Pharmaceuticals
- By Personal Care Products
- By Animal Nutrition
- By Paper
- By Construction Materials
- By Other applications
- Rest of Middle East & Africa Industrial Hemp Market, By Type
- GCC Countries
-
Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
-
COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
-
Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
-
Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
-
Company Profiles
- 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.
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
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.