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Hemp Global Market Report 2025
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Global Hemp Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : December 2025

Delivery Time : 2-3 Business Days

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Hemp Global Market Report 2025

By Product Type (Hemp Seed, Hemp Oil, Hemp Fiber), By Source (Conventional, Organic), By Farm (Outdoor, Indoor), By Application (Food And Beverages, Textiles, Personal Care And Cosmetics, Pharmaceuticals, Automotive, Construction, Other Applications) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Hemp Market Overview

• Hemp market size has reached to $7.12 billion in 2024

• Expected to grow to $17.73 billion in 2029 at a compound annual growth rate (CAGR) of 20%

• Growth Driver: Rising Demand For Natural And Organic Products Fuels Growth In The Hemp Market

• Market Trend: Innovations In Hemp-Based Period Pads

• North America was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Hemp Market?

Hemp is a type of cannabis sativa plant cultivated primarily for industrial applications and medicinal purposes. It is distinct from marijuana because of its low content of tetrahydrocannabinol (THC), the psychoactive compound found in cannabis. Hemp is widely used in the textile industry to produce durable fabrics and eco-friendly clothing.

The main types of hemp products are hemp seed, hemp oil, and hemp fiber. Hemp seeds are small, nutrient-rich seeds harvested from the hemp plant. It can be obtained from both conventional and organic sources and is grown in outdoor and indoor farms. It is applied for food and beverages, textiles, personal care and cosmetics, pharmaceuticals, automotive, construction, and others.

Hemp Market Size and growth rate 2025 to 2029: Graph

What Is The Hemp Market Size 2025 And Growth Rate?

The hemp market size has grown exponentially in recent years. It will grow from $7.12 billion in 2024 to $8.55 billion in 2025 at a compound annual growth rate (CAGR) of 20.1%. The growth in the historic period can be attributed to increasing demand for hemp-based textiles, growing popularity of hemp-derived CBD products, rising awareness of hemp’s environmental benefits, demand for sustainable and organic products, and rise in industrial applications of hemp fiber.

What Is The Hemp Market Growth Forecast?

The hemp market size is expected to see exponential growth in the next few years. It will grow to $17.73 billion in 2029 at a compound annual growth rate (CAGR) of 20.0%. The growth in the forecast period can be attributed to increased investment in hemp research and development, growing adoption of hemp in the automotive industry, rising demand for plant-based protein sources, rising consumer interest in eco-friendly materials, and growth of hemp in pharmaceutical applications. Major trends in the forecast period include the adoption of hempcrete in sustainable construction, integration of hemp in textile and fashion innovation, development of hemp-based pharmaceuticals, advancements in hemp crop genetics for higher yield, and development of new hemp-derived food products.

The forecast of 20.0% growth over the next five years indicates a slight reduction of 0.1% from the previous projection. This reduction is primarily due to the impact of tariffs between the US and other countries. There is potential for direct impact on the US due to restricted supply of high-(CBD) cannabidiol cultivar clones and extraction equipment from Canada and Switzerland, which may delay product development in the growing cannabinoid market. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Agriculture Industry?

The accelerated imposition of U.S. tariffs and the emerging trade conflicts in spring 2025 are significantly influencing the agriculture sector by increasing input costs for seeds, fertilizers, and machinery parts sourced from abroad. Tariffs on imported agrochemicals and farm equipment have raised production expenses for growers, while retaliatory measures from key trading partners have reduced export opportunities for U.S. crops such as corn, wheat, and dairy products. As a result, many farmers are experiencing shrinking profit margins and heightened financial stress. In response, agricultural producers are diversifying crop portfolios, adopting precision farming technologies to reduce input waste, and advocating for government subsidies and market access relief.

How Is The Hemp Market Segmented?

1) By Product Type: Hemp Seed, Hemp Oil, Hemp Fiber

2) By Source: Conventional, Organic

3) By Farm: Outdoor, Indoor

4) By Application: Food And Beverages, Textiles, Personal Care And Cosmetics, Pharmaceuticals, Automotive, Construction, Other Applications

Subsegments:

1) By Hemp Seed: Whole Hemp Seeds, Shelled Hemp Seeds, Hemp Seed Protein Powder, Hemp Seed Oil

2) By Hemp Oil: Refined Hemp Oil, Unrefined Hemp Oil, Hemp Seed Oil, CBD Hemp Oil

3) By Hemp Fiber: Long Hemp Fiber, Short Hemp Fiber, Hemp Fiber Products, Hemp Fiber For Paper Production

What Is Driving The Hemp Market? Rising Demand For Natural And Organic Products Fuels Growth In The Hemp Market

The increasing demand for natural and organic products is expected to propel the growth of the hemp market going forward. A natural and organic product is one made from ingredients that are derived from natural sources without synthetic chemicals, pesticides, or genetically modified organisms (GMOs) and is often produced following organic farming standards. Rising consumer awareness about health and environmental impacts drives the growing preference for natural and organic options. Hemp is used as a natural and organic product because it is grown without synthetic chemicals, is environmentally sustainable, and provides versatile, eco-friendly materials and nutrients. For instance, in May 2023, according to a report published by the Organic Trade Association, a US-based business association, organic food sales in the United States surpassed $60 billion for the first time in 2022, with overall organic sales, encompassing both food and non-food items, reaching a record high of $67.6 billion. Organic produce alone generated $22 billion, making up 15% of the country's total fruit and vegetable sales. Therefore, the increasing demand for natural and organic products is driving the growth of the hemp industry.

Who Are The Major Players In The Global Hemp Market?

Major companies operating in the hemp market are Tilray Brands Inc., Konoplex LLC, Liaoning Qiaopai Biotech Co. Ltd., Aurora Cannabis Inc., Ecofibre Limited, ENDOCA BV, CV Sciences Inc., Navitas Organics, Elixinol LLC, US Hemp Wholesale, HempFlax Group BV, Colorado Hemp Works, Bast Fibre Technologies Inc., Dun Agro Hemp Group, GFR Ingredients Inc., Hemp Inc., HempMeds PX LLC, MH Medical Co. Ltd., The Hemp Mine, Valley Bio Ltd., Green Source Organics, Kazmira LLC

What Are The Key Trends Of The Global Hemp Market? Innovations In Hemp-Based Period Pads

Major companies operating in the hemp market are focusing on the development of hemp-based products, such as period pads, to provide a hygienic, absorbent, and comfortable solution for managing menstrual flow while ensuring convenience and protection. Hemp is used in period pads for its eco-friendly, absorbent, and antimicrobial properties, offering a sustainable and comfortable alternative to traditional materials. For instance, in February 2024, Mewalii, a Denmark-based developer of sustainable disposable pads, launched period pads made from Sero regenerative hemp fibers. The Mewalii Period Pads feature a core of 100% hemp fibers and a topsheet that blends hemp with viscose for added softness and absorbency. The hemp fibers are softened through mechanical methods to ensure full biodegradability. By using hemp instead of cotton, these pads minimize water, pesticide, and land use while also leveraging hemp's low environmental impact and effective carbon sequestration.

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What Are Latest Mergers And Acquisitions In The Hemp Market? Flora Growth Corp. Expands U.S. Market Presence With Acquisition Of No Cap Hemp Co.

In September 2022, Flora Growth Corp., a US-based manufacturer and distributor of cannabis products, acquired No Cap Hemp Co. for an undisclosed amount. This strategic move aims to enhance Flora's product offerings, particularly in the smokable cannabis segment, by introducing flower and pre-roll products. No Cap Hemp Co. is a US-based company providing products that are derived from indoor-grown hemp flowers.

What Is The Regional Outlook For The Global Hemp Market?

North America was the largest region in the hemp market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the hemp market report areAustralia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Hemp Market?

The hemp market consists of sales of hemp textiles, hemp protein powder, hemp paper, and hemp ropes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Hemp Industry?

The hemp market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the hemp industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Hemp Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $8.55 billion
Revenue Forecast In 2034 $17.73 billion
Growth Rate CAGR of 20% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Product Type: Hemp Seed, Hemp Oil, Hemp Fiber
2) By Source: Conventional, Organic
3) By Farm: Outdoor, Indoor
4) By Application: Food And Beverages, Textiles, Personal Care And Cosmetics, Pharmaceuticals, Automotive, Construction, Other Applications Subsegments: 1) By Hemp Seed: Whole Hemp Seeds, Shelled Hemp Seeds, Hemp Seed Protein Powder, Hemp Seed Oil
2) By Hemp Oil: Refined Hemp Oil, Unrefined Hemp Oil, Hemp Seed Oil, CBD Hemp Oil
3) By Hemp Fiber: Long Hemp Fiber, Short Hemp Fiber, Hemp Fiber Products, Hemp Fiber For Paper Production
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Tilray Brands Inc., Konoplex LLC, Liaoning Qiaopai Biotech Co. Ltd., Aurora Cannabis Inc., Ecofibre Limited, ENDOCA BV, CV Sciences Inc., Navitas Organics, Elixinol LLC, US Hemp Wholesale, HempFlax Group BV, Colorado Hemp Works, Bast Fibre Technologies Inc., Dun Agro Hemp Group, GFR Ingredients Inc., Hemp Inc., HempMeds PX LLC, MH Medical Co. Ltd., The Hemp Mine, Valley Bio Ltd., Green Source Organics, Kazmira LLC
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Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Hemp Market Characteristics

3. Hemp Market Trends And Strategies

4. Hemp Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Hemp Growth Analysis And Strategic Analysis Framework

5.1. Global Hemp PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Hemp Market Growth Rate Analysis

5.4. Global Hemp Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Hemp Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Hemp Total Addressable Market (TAM)

6. Hemp Market Segmentation

6.1. Global Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Hemp Seed

Hemp Oil

Hemp Fiber

6.2. Global Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Conventional

Organic

6.3. Global Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Outdoor

Indoor

6.4. Global Hemp Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Food And Beverages

Textiles

Personal Care And Cosmetics

Pharmaceuticals

Automotive

Construction

Other Applications

6.5. Global Hemp Market, Sub-Segmentation Of Hemp Seed, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Whole Hemp Seeds

Shelled Hemp Seeds

Hemp Seed Protein Powder

Hemp Seed Oil

6.6. Global Hemp Market, Sub-Segmentation Of Hemp Oil, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Refined Hemp Oil

Unrefined Hemp Oil

Hemp Seed Oil

CBD Hemp Oil

6.7. Global Hemp Market, Sub-Segmentation Of Hemp Fiber, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Long Hemp Fiber

Short Hemp Fiber

Hemp Fiber Products

Hemp Fiber For Paper Production

7. Hemp Market Regional And Country Analysis

7.1. Global Hemp Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Hemp Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Hemp Market

8.1. Asia-Pacific Hemp Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Hemp Market

9.1. China Hemp Market Overview

9.2. China Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Hemp Market

10.1. India Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Hemp Market

11.1. Japan Hemp Market Overview

11.2. Japan Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Hemp Market

12.1. Australia Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Hemp Market

13.1. Indonesia Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Hemp Market

14.1. South Korea Hemp Market Overview

14.2. South Korea Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Hemp Market

15.1. Western Europe Hemp Market Overview

15.2. Western Europe Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Hemp Market

16.1. UK Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Hemp Market

17.1. Germany Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Hemp Market

18.1. France Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Hemp Market

19.1. Italy Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Hemp Market

20.1. Spain Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Hemp Market

21.1. Eastern Europe Hemp Market Overview

21.2. Eastern Europe Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Hemp Market

22.1. Russia Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Hemp Market

23.1. North America Hemp Market Overview

23.2. North America Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Hemp Market

24.1. USA Hemp Market Overview

24.2. USA Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Hemp Market

25.1. Canada Hemp Market Overview

25.2. Canada Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Hemp Market

26.1. South America Hemp Market Overview

26.2. South America Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Hemp Market

27.1. Brazil Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Hemp Market

28.1. Middle East Hemp Market Overview

28.2. Middle East Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Hemp Market

29.1. Africa Hemp Market Overview

29.2. Africa Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Hemp Market Competitive Landscape And Company Profiles

30.1. Hemp Market Competitive Landscape

30.2. Hemp Market Company Profiles

30.2.1. Tilray Brands Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Konoplex LLC Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Liaoning Qiaopai Biotech Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Aurora Cannabis Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Ecofibre Limited Overview, Products and Services, Strategy and Financial Analysis

31. Hemp Market Other Major And Innovative Companies

31.1. ENDOCA BV

31.2. CV Sciences Inc.

31.3. Navitas Organics

31.4. Elixinol LLC

31.5. US Hemp Wholesale

31.6. HempFlax Group BV

31.7. Colorado Hemp Works

31.8. Bast Fibre Technologies Inc.

31.9. Dun Agro Hemp Group

31.10. GFR Ingredients Inc.

31.11. Hemp Inc.

31.12. HempMeds PX LLC

31.13. MH Medical Co. Ltd.

31.14. The Hemp Mine

31.15. Valley Bio Ltd.

32. Global Hemp Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Hemp Market

34. Recent Developments In The Hemp Market

35. Hemp Market High Potential Countries, Segments and Strategies

35.1 Hemp Market In 2029 - Countries Offering Most New Opportunities

35.2 Hemp Market In 2029 - Segments Offering Most New Opportunities

35.3 Hemp Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Hemp Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Hemp Market, Sub-Segmentation Of Hemp Seed, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Hemp Market, Sub-Segmentation Of Hemp Oil, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Hemp Market, Sub-Segmentation Of Hemp Fiber, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Hemp Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Hemp Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Tilray Brands Inc. Financial Performance
  • Table 79: Konoplex LLC Financial Performance
  • Table 80: Liaoning Qiaopai Biotech Co. Ltd. Financial Performance
  • Table 81: Aurora Cannabis Inc. Financial Performance
  • Table 82: Ecofibre Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Hemp Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Hemp Market, Sub-Segmentation Of Hemp Seed, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Hemp Market, Sub-Segmentation Of Hemp Oil, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Hemp Market, Sub-Segmentation Of Hemp Fiber, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Hemp Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Hemp Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Hemp Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Hemp Market, Segmentation By Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Hemp Market, Segmentation By Farm, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Tilray Brands Inc. Financial Performance
  • Figure 79: Konoplex LLC Financial Performance
  • Figure 80: Liaoning Qiaopai Biotech Co. Ltd. Financial Performance
  • Figure 81: Aurora Cannabis Inc. Financial Performance
  • Figure 82: Ecofibre Limited Financial Performance

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Frequently Asked Questions

Hemp is a type of cannabis sativa plant cultivated primarily for industrial applications and medicinal purposes. It is distinct from marijuana because of its low content of tetrahydrocannabinol (THC), the psychoactive compound found in cannabis. Hemp is widely used in the textile industry to produce durable fabrics and eco-friendly clothing. For further insights on this market, request a sample here

The market major growth driver - Rising Demand For Natural And Organic Products Fuels Growth In The Hemp Market. For further insights on this market, request a sample here

The hemp market size has grown exponentially in recent years. It will grow from $7.12 billion in 2024 to $8.55 billion in 2025 at a compound annual growth rate (CAGR) of 20.1%. The growth in the historic period can be attributed to increasing demand for hemp-based textiles, growing popularity of hemp-derived CBD products, rising awareness of hemp’s environmental benefits, demand for sustainable and organic products, and rise in industrial applications of hemp fiber. The hemp market size is expected to see rapid growth in the next few years. It will grow to $17.73 billion in 2029 at a compound annual growth rate (CAGR) of 20.0%. The growth in the forecast period can be attributed to increased investment in hemp research and development, growing adoption of hemp in the automotive industry, rising demand for plant-based protein sources, rising consumer interest in eco-friendly materials, and growth of hemp in pharmaceutical applications. Major trends in the forecast period include the adoption of hempcrete in sustainable construction, integration of hemp in textile and fashion innovation, development of hemp-based pharmaceuticals, advancements in hemp crop genetics for higher yield, and development of new hemp-derived food products. For further insights on this market, request a sample here

The hemp market covered in this report is segmented –
1) By Product Type: Hemp Seed, Hemp Oil, Hemp Fiber
2) By Source: Conventional, Organic
3) By Farm: Outdoor, Indoor
4) By Application: Food And Beverages, Textiles, Personal Care And Cosmetics, Pharmaceuticals, Automotive, Construction, Other Applications Subsegments:
1) By Hemp Seed: Whole Hemp Seeds, Shelled Hemp Seeds, Hemp Seed Protein Powder, Hemp Seed Oil
2) By Hemp Oil: Refined Hemp Oil, Unrefined Hemp Oil, Hemp Seed Oil, CBD Hemp Oil
3) By Hemp Fiber: Long Hemp Fiber, Short Hemp Fiber, Hemp Fiber Products, Hemp Fiber For Paper Production For further insights on this market, request a sample here

North America was the largest region in the hemp market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hemp market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the hemp market are Tilray Brands Inc., Konoplex LLC, Liaoning Qiaopai Biotech Co. Ltd., Aurora Cannabis Inc., Ecofibre Limited, ENDOCA BV, CV Sciences Inc., Navitas Organics, Elixinol LLC, US Hemp Wholesale, HempFlax Group BV, Colorado Hemp Works, Bast Fibre Technologies Inc., Dun Agro Hemp Group, GFR Ingredients Inc., Hemp Inc., HempMeds PX LLC, MH Medical Co. Ltd., The Hemp Mine, Valley Bio Ltd., Green Source Organics, Kazmira LLC . For further insights on this market, request a sample here.

Major trends in this market include Innovations In Hemp-Based Period Pads. For further insights on this market, request a sample here.

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