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市場調查報告書
商品編碼
1561645

工業大麻市場報告(按類型(大麻籽、大麻油、大麻纖維等)、來源(傳統、有機)、應用(食品和飲料、紡織品、個人護理產品、藥品等)和地區 2024-2032

Industrial Hemp Market Report by Type (Hemp Seed, Hemp Oil, Hemp Fiber, and Others), Source (Conventional, Organic), Application (Food and Beverages, Textiles, Personal Care Products, Pharmaceuticals, and Others), and Region 2024-2032

出版日期: | 出版商: IMARC | 英文 149 Pages | 商品交期: 2-3個工作天內

價格

2023年全球工業大麻市場IMARC Group達54億美元。立法環境的廣泛變化推動了市場的穩定成長,為大麻種植和加工創造了更有利的環境,人們對大麻環境效益的認知不斷提高,以及大麻在眾多最終用途行業的應用多樣化。

工業大麻市場分析:

  • 市場成長與規模:市場正在經歷一個顯著的成長階段,主要是由監管變化及其永續性狀況所推動的。從紡織到製藥等各行業的廣泛應用進一步推動了市場的擴張。這種成長軌跡預計將持續下去,預測顯示未來幾年市場規模將大幅成長。
  • 技術進步:大麻種植和加工技術的創新是市場的關鍵驅動力。萃取技術的進步,特別是 CBD 和大麻纖維的萃取技術的進步,提高了產品品質和品種。這些技術進步正在提高效率並開闢新的細分市場,例如生物塑膠和生物燃料。
  • 行業應用:工業大麻已在多種行業中得到應用。它主要用於紡織品、建築材料,並作為健康和保健產品的 CBD 來源。鑑於大麻籽和油的營養價值,食品和飲料行業也擴大使用它們。
  • 主要市場趨勢:市場的一個重要趨勢是消費者對環保和永續產品的需求不斷成長。這一趨勢正在推動大麻材料的創新,特別是在建築和紡織業。健康和保健產業對 CBD 產品日益濃厚的興趣代表了另一個關鍵趨勢,對市場動態產生了重大影響。
  • 地理趨勢:北美和歐洲是市場的領先地區,這主要歸功於有利的監管環境和較高的消費者意識。亞太地區也正在成為一個重要市場,中國和印度等國家擴大了大麻產能。各地區監管框架的差異在塑造這些地理趨勢方面發揮著至關重要的作用。
  • 競爭格局:市場的特徵是既有老牌企業,也有新進者,反映了市場的成長潛力和多元化。競爭策略通常涉及合作夥伴關係、研發投資以及新應用領域的擴張。隨著越來越多的公司進入以及現有公司擴大其產品組合,市場競爭變得越來越激烈。
  • 挑戰和機會:雖然市場提供了大量的成長機會,但監管不一致和公眾對大麻的誤解等挑戰仍然存在。然而,這些挑戰也為市場參與者提供了參與教育措施和倡導更統一監管的機會。不斷變化的格局為創新和拓展新的細分市場提供了充足的機會。

工業大麻市場趨勢:

立法變革與政府支持

該市場出現了顯著成長,主要是由各國立法環境的廣泛變化所推動的。此外,世界各國政府越來越認知到大麻的經濟和環境潛力,導致先前限制大麻種植和加工的法規進行了修改。這種監管放鬆,特別是在北美和歐洲等地區,正在促進大麻產量的成長。該作物在紡織品、建築材料、食品和飲料以及藥品等領域的多功能性進一步吸引了政府的興趣。以補貼、補助和研究經費等形式加強支持在促進市場擴張方面發揮著至關重要的作用。政策框架的這種漸進式轉變賦予了現有參與者權力,也吸引了新進者,對市場動態產生了重大影響。

永續性和環境效益

工業大麻作為一種永續作物越來越受到關注,具有眾多的環境效益,這是推動其市場成長的重要因素。大麻的快速生長週期以及對農藥和除草劑的最低需求使其成為傳統作物的環保替代品。它能夠有效地固碳、補充土壤養分,並且比許多其他作物使用更少的水,這增強了它在氣候變遷和環境保護背景下的吸引力。除此之外,大麻的生質能可以轉化為各種環保產品,包括生物塑膠、建築材料和生物燃料,為不可再生資源提供永續的替代品。全球對永續發展和減少碳足跡的日益重視,使其成為各行業日益青睞的選擇,從而推動了市場成長。

應用多元化與創新

由於應用的多樣化和不斷的創新,市場正在見證強勁的成長。大麻的用途涵蓋廣泛的行業,包括紡織、建築、食品和飲料、個人護理和製藥。大麻加工技術的創新擴大了其可用性,能夠提取高品質的纖維、種子和 CBD 等具有多種應用的大麻素。消費者對天然和有機產品的認知和需求不斷增強,進一步推動了大麻在保健食品、化妝品和營養保健品中的應用。此外,由於 CBD 產品的治療特性,人們對它們的興趣日益濃厚,這為健康和保健領域開闢了新的途徑。這種多功能性和持續創新使其成為一個利潤豐厚的市場,並為各個行業提供成長機會。

目錄

第1章:前言

第 2 章:範圍與方法

  • 研究目的
  • 利害關係人
  • 數據來源
    • 主要來源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章:執行摘要

第 4 章:簡介

  • 概述
  • 主要行業趨勢

第 5 章:全球工業大麻市場

  • 市場概況
  • 市場表現
  • COVID-19 的影響
  • 市場預測

第 6 章:市場區隔:按類型

  • 大麻種子
    • 市場趨勢
    • 市場預測
  • 大麻油
    • 市場趨勢
    • 市場預測
  • 大麻纖維
    • 市場趨勢
    • 市場預測
  • 其他
    • 市場趨勢
    • 市場預測

第 7 章:市場區隔:依來源

  • 傳統的
    • 市場趨勢
    • 市場預測
  • 有機的
    • 市場趨勢
    • 市場預測

第 8 章:市場區隔:按應用

  • 食品和飲料
    • 市場趨勢
    • 市場預測
  • 紡織品
    • 市場趨勢
    • 市場預測
  • 個人護理產品
    • 市場趨勢
    • 市場預測
  • 藥品
    • 市場趨勢
    • 市場預測
  • 其他
    • 市場趨勢
    • 市場預測

第 9 章:市場區隔:按地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲
    • 市場趨勢
    • 市場細分:按國家/地區
    • 市場預測

第 10 章:SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 11 章:價值鏈分析

第 12 章:波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 13 章:價格分析

第14章:競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • Aurora Cannabis
    • Boring Hemp Company
    • Ecofibre Limited
    • Hemp Inc
    • HempFlax Group BV
    • Hempro International GmbH
    • MH medical hemp GmbH
    • Parkland Industrial Hemp Growers Co-op. Ltd.
    • South Hemp Tecno srl
    • Valley Bio Limited
Product Code: SR112024A4473

The global industrial hemp market size reached US$ 5.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 19.7 Billion by 2032, exhibiting a growth rate (CAGR) of 15.1% during 2024-2032. The market is experiencing steady growth driven by the extensive changes in legislative landscapes, facilitating a more favorable environment for hemp cultivation and processing, increasing recognition of hemp's environmental benefits, and the diversification of hemp applications across numerous end-use industries.

Industrial Hemp Market Analysis:

  • Market Growth and Size: The market is experiencing a significant growth phase, primarily fueled by regulatory changes and its sustainability profile. The market's expansion is further propelled by its broad range of applications across various industries, from textiles to pharmaceuticals. This growth trajectory is expected to continue, with projections indicating substantial increases in market size over the next few years.
  • Technological Advancements: Innovations in hemp cultivation and processing technologies are key drivers in the market. Advances in extraction techniques, particularly for CBD and hemp fibers, have enhanced product quality and variety. These technological improvements are increasing efficiency and opening up new market segments, such as bioplastics and biofuels.
  • Industry Applications: Industrial hemp has found applications in a diverse range of industries. It is prominently used in textiles, construction materials, and as a source of CBD for health and wellness products. The food and beverage sector are also increasingly incorporating hemp seeds and oil, given their nutritional benefits.
  • Key Market Trends: A significant trend in the market is the rising consumer demand for eco-friendly and sustainable products. This trend is driving innovation in hemp-based materials, particularly in the construction and textile industries. The health and wellness sector's burgeoning interest in CBD products represents another key trend, influencing market dynamics significantly.
  • Geographical Trends: North America and Europe are leading regions in the market, largely due to favorable regulatory environments and high consumer awareness. Asia-Pacific is also emerging as a significant market, with countries such as China and India expanding their hemp production capacities. The variations in regulatory frameworks across regions play a crucial role in shaping these geographical trends.
  • Competitive Landscape: The market is characterized by a mix of established players and new entrants, reflecting the market's growth potential and diversification. Competitive strategies often involve partnerships, research and development investments, and expansions into new application areas. The market is becoming increasingly competitive as more companies enter and existing ones expand their product portfolios.
  • Challenges and Opportunities: While the market offers substantial growth opportunities, challenges such as regulatory inconsistencies and public misconceptions about hemp still exist. However, these challenges also present opportunities for market players to engage in educational initiatives and advocate for more uniform regulations. The changing landscape offers ample opportunities for innovation and expansion into new market segments.

Industrial Hemp Market Trends:

Legislative changes and government support

The market has seen significant growth, primarily driven by the extensive changes in legislative landscapes across various countries. Additionally, governments worldwide are increasingly recognizing hemp's economic and environmental potential, leading to amendments in regulations that previously restricted hemp cultivation and processing. This regulatory relaxation, particularly in regions like North America and Europe, is facilitating a rise in hemp production. The crop's versatility in applications ranging from textiles, construction materials, food, and beverages, to pharmaceuticals further attracts government interest. Enhanced support in the form of subsidies, grants, and research funding is playing a crucial role in fostering the market's expansion. This progressive shift in policy frameworks empowered existing players and also attracted new entrants, significantly impacting the market dynamics.

Sustainability and environmental benefits

Industrial hemp is gaining traction as a sustainable crop, offering numerous environmental benefits, which is a vital factor driving its market growth. Hemp's rapid growth cycle and minimal requirement for pesticides and herbicides make it an eco-friendly alternative to traditional crops. Its ability to sequester carbon effectively, replenish soil nutrients, and use less water than many other crops enhances its appeal in the context of climate change and environmental conservation. Along with this, hemp's biomass can be converted into a variety of eco-friendly products, including bioplastics, building materials, and biofuels, providing a sustainable alternative to non-renewable resources. The growing global emphasis on sustainability and reducing carbon footprints is positioning it as an increasingly preferred choice for various industries, thereby fueling market growth.

Diversification in application and innovation

The market is witnessing robust growth due to the diversification of its applications and ongoing innovations. Hemp's utility spans a wide array of industries, including textiles, construction, food and beverages, personal care, and pharmaceuticals. Innovations in hemp processing technologies have expanded its usability, enabling the extraction of high-quality fibers, seeds, and cannabinoids like CBD, which have diverse applications. The increasing consumer awareness and demand for natural and organic products have further propelled hemp's incorporation in health foods, cosmetic products, and nutraceuticals. Moreover, the growing interest in CBD-based products, due to their therapeutic properties, is opening new avenues in the health and wellness sector. This versatility and continuous innovation make it a lucrative market, with opportunities for growth across various sectors.

Industrial Hemp Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on type, source and application.

Breakup by Type:

  • Hemp Seed
  • Hemp Oil
  • Hemp Fiber
  • Others

Hemp seed dominates the market

The report has provided a detailed breakup and analysis of the market based on the type. This includes hemp seed, hemp oil, hemp fiber, and others. According to the report, hemp seed represented the largest segment.

Hemp seeds represent the largest segment in the market, primarily attributed to their nutritional value and versatility in applications. These seeds are a rich source of essential fatty acids, protein, and various minerals, making them highly sought after in the food and beverage industry. They are used in a variety of products, including hemp seed oil, protein powder, and as a health-focused ingredient in snacks and beverages. Additionally, the growing consumer interest in plant-based diets and natural health products is amplifying the demand for hemp seeds. Moreover, the use of hemp seeds in animal feed is an emerging area, expanding the segment's market potential.

On the other hand, the hemp oil segment is gaining significant traction due to its diverse health and cosmetic applications. Extracted primarily from the seeds of the hemp plant, this oil is known for its high omega-3 and omega-6 fatty acid content, making it a popular ingredient in nutritional supplements. In the cosmetics industry, hemp oil is valued for its moisturizing properties and is increasingly featured in skincare and haircare products. The rise in consumer awareness regarding the benefits of natural and organic personal care products is a key factor driving the growth of this market segment.

In addition, hemp fiber, derived from the stalks of the hemp plant, is highly regarded for its strength, durability, and sustainability. This segment caters mainly to the textile and construction industries. In textiles, hemp fibers are used to create a variety of fabrics, offering an eco-friendly alternative to cotton and synthetic materials. The construction industry utilizes hemp fibers in the production of biocomposites and insulation materials, capitalizing on their natural properties and environmental benefits. The shift towards sustainable and green building materials is notably propelling the growth of this segment.

Moreover, the 'others' segment in the market encompasses a range of products including cannabinoids like CBD, hemp leaves, and hemp root. CBD, in particular, has garnered immense popularity for its therapeutic properties and is widely used in pharmaceuticals, nutraceuticals, and wellness products. The diversification in applications, driven by continuous research and development, positions this segment as a dynamic and rapidly expanding part of the market.

Breakup by Source:

  • Conventional
  • Organic

Conventional dominates the market

A detailed breakup and analysis of the market based on the source have also been provided in the report. This includes conventional and organic. According to the report, conventional represented the largest segment.

The conventional segment dominates the industrial hemp market, primarily due to its widespread cultivation practices and lower production costs compared to organic varieties. Conventional hemp cultivation relies on traditional farming methods, including the use of chemical fertilizers and pesticides, to ensure high yield and pest resistance. This segment caters to a broad range of industrial applications, from textiles and construction materials to food products and cosmetics. Along with this, the ease of availability and cost-effectiveness of conventionally grown hemp make it a preferred choice for many manufacturers, particularly in regions where organic farming practices are not extensively adopted or regulated.

On the contrary, the organic segment of the market, though smaller compared to the conventional segment, is experiencing rapid growth. This growth is driven by increasing consumer awareness about the health and environmental benefits of organically produced goods. Organic hemp is cultivated without synthetic fertilizers or pesticides, making it a safer and more sustainable option for consumers and the environment. This segment primarily targets health-conscious consumers and industries focused on natural and eco-friendly products, including organic food, natural personal care, and sustainable textiles. The premium price of organic hemp products, reflective of their higher production costs and stringent certification processes, is often offset by the growing demand among consumers who prioritize organic quality and environmental responsibility.

Breakup by Application:

  • Food and Beverages
  • Textiles
  • Personal Care Products
  • Pharmaceuticals
  • Others

Food and beverages dominate the market

The report has provided a detailed breakup and analysis of the market based on the application. This includes food and beverages, textiles, personal care products, pharmaceuticals, and others. According to the report, food and beverages represented the largest segment.

The food and beverages segment is the largest in the market, driven by the growing consumer demand for healthy, natural, and nutrition-rich products. Hemp seeds and oil are incorporated into various food products due to their high content of proteins, essential fatty acids, and vitamins. These include hemp-based milk, protein powders, bars, and cooking oils, which cater to the rising popularity of plant-based diets and health-conscious eating habits. The beverage industry also utilizes hemp in the production of specialty teas and hemp-infused drinks, appealing to consumers seeking functional and wellness-oriented beverages. Additionally, the expansion of this segment is further supported by continuous product innovation and an increasing number of retail channels offering hemp-based food and beverage products.

On the other hand, the textiles segment capitalizes on the strength, durability, and sustainability of hemp fibers. Hemp textiles are gaining popularity as an eco-friendly alternative to cotton and synthetic fabrics, appealing to the growing market for sustainable fashion. Hemp fibers are used in the production of a wide range of clothing items, home furnishings, and accessories. This segment benefits from hemp's minimal environmental impact, as it requires less water and no pesticides to grow compared to traditional textile crops such as cotton. The increasing consumer awareness and preference for environmentally responsible products are key factors driving the growth of this market segment.

Additionally, in the personal care products segment, hemp oil and extracts are highly valued for their nourishing and moisturizing properties. Hemp is incorporated into a variety of skincare, haircare, and cosmetic products, appealing to consumers seeking natural and organic personal care solutions. The segment is bolstered by the perception of hemp as a wellness ingredient, along with its anti-inflammatory and antioxidant properties. In addition, the growing trend towards clean beauty and the use of plant-based ingredients in personal care products is significantly contributing to the expansion of this segment.

Apart from this, the pharmaceuticals segment leverages the therapeutic properties of cannabinoids, particularly CBD, derived from hemp. CBD is used in various medicinal products for its potential benefits in treating conditions such as pain, anxiety, and neurological disorders. The segment is experiencing growth due to ongoing research and increasing acceptance of hemp-based medicines.

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Asia Pacific leads the market, accounting for the largest industrial hemp market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

The Asia Pacific region holds the largest share of the market, a status attributed to extensive hemp cultivation and historical usage in countries such as China and India. This region benefits from favorable climatic conditions for hemp farming and a long-standing tradition of utilizing hemp in various applications, including textiles, food products, and traditional medicines. China, being a major producer, significantly contributes to the region's dominance in both cultivation and exports of hemp products. The growing industrialization, coupled with increasing awareness of hemp's health and environmental benefits, continues to drive market growth in this region.

In North America, the market has witnessed substantial growth following the legalization of hemp cultivation in the United States and Canada. This growth is characterized by the rising demand for hemp-derived products, especially in the food and beverage, personal care, and health and wellness sectors. The market in this region is also benefiting from advanced agricultural technologies, increasing investment in hemp research, and a strong presence of key market players. Consumer awareness and demand for sustainable and eco-friendly products further contribute to the market growth in North America.

In addition, Europe's market is driven by supportive regulatory frameworks, particularly in countries such as France, Germany, and the Netherlands, which are key producers in the region. The European market focuses on a wide array of hemp applications, from automotive and construction materials to pharmaceuticals and cosmetics. The region's strong emphasis on environmental sustainability and natural products plays a significant role in propelling the demand for hemp-based products. Moreover, the growing acceptance and use of CBD, coupled with the European Union's support for hemp cultivation, are key factors contributing to the market's growth in this region.

Apart from this, the market in Latin America is in a nascent stage but shows potential for significant growth. Countries like Uruguay and Colombia have taken progressive steps in legalizing and regulating hemp cultivation, setting the stage for market development. The region's favorable climatic conditions for hemp farming and the gradual shift in regulatory policies are likely to boost production and market expansion.

In the Middle East and Africa, the market is still relatively small and underdeveloped compared to other regions. The market in this region could expand due to increasing awareness of hemp's benefits and potential applications in textiles, construction, and other industrial uses.

Leading Key Players in the Industrial Hemp Industry:

Key players in the market are actively engaging in various strategic initiatives to strengthen their market position and capitalize on the growing demand for hemp products. These strategies include investment in research and development to innovate and improve product quality, particularly in areas such as CBD extraction and hemp fiber processing. Mergers and acquisitions are also a common tactic, allowing companies to expand their market reach and diversify their product portfolios. Additionally, collaborations with other industries and sectors are being pursued to explore new applications of hemp. These companies are also increasingly focused on sustainability practices, recognizing the market's shift towards environmentally friendly products. Moreover, to navigate the complex and varying regulatory landscapes, key players are actively participating in advocacy and educational efforts to promote the benefits of industrial hemp and influence policy changes.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

  • Aurora Cannabis
  • Boring Hemp Company
  • Ecofibre Limited
  • Hemp Inc
  • HempFlax Group B.V.
  • Hempro International GmbH
  • MH medical hemp GmbH
  • Parkland Industrial Hemp Growers Co-op. Ltd.
  • South Hemp Tecno srl
  • Valley Bio Limited

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

  • February 15, 2023: Hemp Inc announced the sale of its largest-ever industrial product. DrillWallTM, the only all-natural kenaf/hemp Loss Circulation Material (LCM) mix of its sort on the market, was transported by four semi-trucks in a shipment of 120,000 pounds for the oil and gas well drilling sectors.
  • September 15, 2022: Ecofibre Limited formally introduced Green II Gold, a ground-breaking new CBD-based skincare range. The first skincare line, Green II Gold, was created from the ground up to combine clinical strength, full spectrum hemp extract from Ananda Professional with robust botanical-based ingredients to provide professional-level products for spas and salons.
  • May 28, 2020: Aurora Cannabis and Reliva, LLC stated that they signed a contract under which Aurora will buy all of Reliva's issued and outstanding membership interests.

Key Questions Answered in This Report

  • 1. What was the size of the global industrial hemp market in 2023?
  • 2. What is the expected growth rate of the global industrial hemp market during 2024-2032?
  • 3. What has been the impact of COVID-19 on the global industrial hemp market?
  • 4. What are the key factors driving the global industrial hemp market?
  • 5. What is the breakup of the global industrial hemp market based on the type?
  • 6. What is the breakup of the global industrial hemp market based on the source?
  • 7. What is the breakup of the global industrial hemp market based on the application?
  • 8. What are the key regions in the global industrial hemp market?
  • 9. Who are the key players/companies in the global industrial hemp market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Industrial Hemp Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Hemp Seed
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Hemp Oil
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Hemp Fiber
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Others
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Source

  • 7.1 Conventional
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Organic
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Food and Beverages
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Textiles
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Personal Care Products
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Pharmaceuticals
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Others
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Aurora Cannabis
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
    • 14.3.2 Boring Hemp Company
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 Ecofibre Limited
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 Hemp Inc
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 HempFlax Group B.V.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
    • 14.3.6 Hempro International GmbH
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
    • 14.3.7 MH medical hemp GmbH
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Parkland Industrial Hemp Growers Co-op. Ltd.
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 South Hemp Tecno srl
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Valley Bio Limited
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio

List of Figures

  • Figure 1: Global: Industrial Hemp Market: Major Drivers and Challenges
  • Figure 2: Global: Industrial Hemp Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Industrial Hemp Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Industrial Hemp Market: Breakup by Type (in %), 2023
  • Figure 5: Global: Industrial Hemp Market: Breakup by Source (in %), 2023
  • Figure 6: Global: Industrial Hemp Market: Breakup by Application (in %), 2023
  • Figure 7: Global: Industrial Hemp Market: Breakup by Region (in %), 2023
  • Figure 8: Global: Industrial Hemp (Hemp Seed) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 9: Global: Industrial Hemp (Hemp Seed) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 10: Global: Industrial Hemp (Hemp Oil) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Industrial Hemp (Hemp Oil) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Industrial Hemp (Hemp Fiber) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Industrial Hemp (Hemp Fiber) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Industrial Hemp (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Industrial Hemp (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Industrial Hemp (Conventional) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Industrial Hemp (Conventional) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Industrial Hemp (Organic) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Industrial Hemp (Organic) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Industrial Hemp (Food and Beverages) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Industrial Hemp (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Industrial Hemp (Textiles) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Industrial Hemp (Textiles) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: Global: Industrial Hemp (Personal Care Products) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Industrial Hemp (Personal Care Products) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Global: Industrial Hemp (Pharmaceuticals) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Global: Industrial Hemp (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: Global: Industrial Hemp (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: Global: Industrial Hemp (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: North America: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: North America: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: United States: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: United States: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: Canada: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: Canada: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: Asia-Pacific: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: Asia-Pacific: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: China: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: China: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: Japan: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: Japan: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: India: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: India: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: South Korea: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: South Korea: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: Australia: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: Australia: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: Indonesia: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: Indonesia: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: Others: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: Others: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: Europe: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: Europe: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: Germany: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: Germany: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: France: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: France: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: United Kingdom: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: United Kingdom: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: Italy: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: Italy: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: Spain: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: Spain: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: Russia: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: Russia: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: Others: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: Others: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: Latin America: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: Latin America: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 70: Brazil: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 71: Brazil: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 72: Mexico: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 73: Mexico: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 74: Others: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 75: Others: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 76: Middle East and Africa: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 77: Middle East and Africa: Industrial Hemp Market: Breakup by Country (in %), 2023
  • Figure 78: Middle East and Africa: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 79: Global: Industrial Hemp Industry: SWOT Analysis
  • Figure 80: Global: Industrial Hemp Industry: Value Chain Analysis
  • Figure 81: Global: Industrial Hemp Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Industrial Hemp Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Industrial Hemp Market Forecast: Breakup by Type (in Million US$), 2024-2032
  • Table 3: Global: Industrial Hemp Market Forecast: Breakup by Source (in Million US$), 2024-2032
  • Table 4: Global: Industrial Hemp Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 5: Global: Industrial Hemp Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 6: Global: Industrial Hemp Market: Competitive Structure
  • Table 7: Global: Industrial Hemp Market: Key Players