How big is the Industrial Hemp Market?

The Industrial Hemp Market size is expected to reach USD 2.60 billion in 2024 and grow at a CAGR of 17.56% to reach USD 5.84 billion by 2029. Read More

What is the current Industrial Hemp Market size?

In 2024, the Industrial Hemp Market size is expected to reach USD 2.60 billion. Read More

Who are the key players in Industrial Hemp Market?

International Flavors & Fragrances Inc. , Firmenich SA, PharmaCielo Ltd, Manitoba Harvest (Tilray) and Robertet are the major companies operating in the Industrial Hemp Market. Read More

Which is the fastest growing region in Industrial Hemp Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Industrial Hemp Market?

In 2024, the North America accounts for the largest market share in Industrial Hemp Market. Read More

What years does this Industrial Hemp Market cover, and what was the market size in 2023?

In 2023, the Industrial Hemp Market size was estimated at USD 2.21 billion. The report covers the Industrial Hemp Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Industrial Hemp Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the major trends shaping the Industrial Hemp Market?

The major trends shaping the Industrial Hemp Market are a) Increasing demand for hemp-based products in the food and beverage industry b) Development of innovative products from industrial hemp (biofuels, bioplastics) Read More

Industrial Hemp Market Growth | Industry Analysis, Size & Forecast Report

Industrial Hemp Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Industrial Hemp Market Production Statistics and is Segmented by Type (Hemp Seed (Consumed Raw, Cooked, or Roasted), Hemp Seed Oil, Cannabidiol (CBD) Hemp Oil, Hemp Protein (Supplement), and Hemp Extract (Without CBD)), Application (Food and Beverages, Healthcare Supplements, and Other Applications), and Geography (North America, Europe, South America, and Rest of the World). The report offers market size and forecast for industrial hemp in revenue (USD million) for all the above segments.

Industrial Hemp Industry Overview

The global industrial hemp market is fragmented in nature. Some major players in the market include International Flavors & Fragrances Inc., Firmenich SA, PharmaCielo Ltd, Manitoba Harvest (Tilray), and Robertet.