Industrial Hemp Market Size, Potential Growth, Share, Demand and Analysis Of Key Players- Research Forecast to 2029
Industrial
Hemp Market research report acts as a great support to the business. This
market report helps to develop a successful marketing strategy for the
business. The market document also defines a chapter on the global market and
allied companies with their profiles, which provides important data pertaining
to their insights in terms of finances, product portfolios, investment plans,
and marketing and business strategies. Industrial Hemp business report
highlights the change in the market which is taking place due to the moves of
key players and brands such as product launches, joint ventures, mergers and
acquisitions that in turn changes the view of the global face of Healthcare
industry.
Global industrial hemp market was valued at USD 4.6 billion in 2021 and is expected to reach USD 30.9 billion by 2029, registering a CAGR of 21.02% during the forecast period of 2022-2029. The “Hemp fiber” accounts for the largest type segment in the industrial hemp market within the forecasted period owing to its usage to obtain biofuels and bioplastics. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and patent analysis.
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PDF Sample of Global Industrial Hemp Market (Including FULL TOC, Graphs and
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Hemp (also known as cannabis) is a
psychotropic substance derived from cannabis plants. Hemp is a plant that is
utilized for both medicinal and recreational uses. Hemp also aids in the
reduction of pain by modifying pain perception circuits in the brain. It can
also assist to avoid chronic pain diseases including arthritis, migraines,
fibromyalgia, and endometriosis. Hemp fabric is very absorbent, mold-resistant,
and more insulating than cotton, as well as UV-resistant. It creates
long-lasting goods with constant quality and softness when combined with fabrics
like silk, linen, and cotton.
Some
of the major players operating in the industrial hemp market are Nhempco (Canada), Ecofibre (Australia), Hemp Inc. (US), GenCanna
(US), HempFlax Group B.V., (Netherlands), Konoplex (Russia), Hemp Oil Canada
(Canada), Hemp Poland (Poland), Dun Agro (Netherlands), Colorado Hemp Works
(US), Canah International (Romania), South Hemp Tecno (Italy), Plains
Industrial Hemp Processing (Canada), and MH Medical Hemp (Germany), among
others.
Global
Industrial Hemp Market Scope
The industrial hemp market is segmented on
the basis of type, application and source. The growth amongst these segments
will help you analyze meagre growth segments in the industries and provide the
users with a valuable market overview and market insights to help them make
strategic decisions for identifying core market applications.
Type
·
Hemp Seed
·
Hemp Seed Oil
·
CBD Hemp Oil
·
Hemp Fiber
On the basis of type, the industrial hemp
market is segmented into hemp seed, hemp seed oil, CBD hemp oil and hemp fiber.
Hemp fiber registers highest growth within the forecasted period owing to its
usage to obtain biofuels and bioplastics.
Application
·
Food
·
Textiles
·
Beverages
·
Personal Care Products
·
Pharmaceuticals
·
Others
On
the basis of application, the industrial hemp market is segmented into food,
textiles, beverages, personal care products, pharmaceuticals and others.
Source
·
Conventional
·
Organic
On the basis of source, the industrial hemp
market is segmented into conventional and organic.
View Detailed Global Industrial Hemp Market@ https://www.databridgemarketresearch.com/reports/global-industrial-hemp-market
Table of Contents:
- Introduction
- Market
Segmentation
- Executive
Summary
- Premium
Insights
- Global Industrial
Hemp Market: Regulations
- Market
Overview
- Global Industrial
Hemp Market, By Type
- Global Industrial
Hemp Market, By Application
- Global Industrial
Hemp Market, End-Users
- Global Industrial
Hemp Market, By Region
- Global Industrial
Hemp Market: Company Landscape
- SWOT
Analyses
- Company
Profile
- Questionnaires
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