Industrial Hemp Market — Opportunities & Forecast, 2020-2027
The market report is a historical overview and in-depth study on the current and future market. The report also offers a basic overview of the market size, share, leading players, top regions with major countries data, and a detailed segmentation description. It investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
The major players in the Industrial Hemp Market include:
·
Hempco
·
Hemp Inc.
·
Konoplex
Group
·
Ecofibre
·
GenCanna
·
Colorado
Hemp Works
·
Canah
International
·
Plains
Industrial Hemp Processing
·
HempFlax
BV
·
Dun Agro
Key Drivers of the Industrial Hemp Market:
The primary factor propelling the market
for industrial hemp includes growing popularity and demand for industrial hemp
among the consumers with quick accessibility. Moreover, increasing health &
wellness concerns, followed by hectic lifestyles, persists in changing food
habits, will boost the global industrial
hemp market. According to the industrial hemp market report, rising usage
in terms of the functional properties of hemp seed, hemp seed oil, and various
allied sectors of the food and beverages will surge the global industrial hemp
market.
In addition to this, the growing
legalization of the industrial hemp will further accelerate the global
industrial hemp market. The major factor boosting the growth of the global industrial hemp market size includes
the continuous expansion of the product portfolio, especially by the leading
manufacturers, and the increasing investment in R&D, particularly in
emerging economies like Germany and Netherlands. On the other hand, the lack of
efficient equipment and processing facilities will be a key factor hampering
the global industrial hemp market.
Segmentation of the Industrial Hemp Market:
The major regions covered in the report are
North America, Europe, Asia-Pacific, and the Rest of the world. It also
contains regional volume and revenue of the forecast period. Moreover, it helps
the reader to understand accurate data on volume sales according to the
consumption for the same years.
On the basis of source, this report
displays the production, revenue, price, market share, and overall growth rate
of each source, primarily split into:
·
Organic
·
Conventional
On the basis of type, this report
displays the production, revenue, price, market share, and overall growth rate
of each type, primarily split into:
·
Hemp Seed
·
Hemp Seed
Oil
·
Hemp Fiber
·
CBD Hemp
Oil
On the basis of application, this report
displays the production, revenue, price, market share, and overall growth rate
of each application, primarily split into:
·
Food
·
Beverages
·
Personal
Care Products
·
Textiles
·
Pharmaceuticals
On the basis of region, this report
displays the production, revenue, price, market share, and overall growth rate
of each region, primarily split into:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining
countries of the LAMEA region)
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Research:
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look forward to help businesses stay ahead of the curve.
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