Global Industrial Hemp Market Research Report 2024(Status and Outlook)

Global Industrial Hemp Market Research Report 2024(Status and Outlook)



Report Overview:

Industrial hemp is a variety of the Cannabis sativa plant species that is grown specifically for industrial use. It can be used to make a wide range of products. Along with bamboo, hemp is one of the fastest growing plant on Earth. It was also one of the first plants to be spun into usable fiber 50,000 years ago. It can be refined into a variety of commercial items, including paper, rope, textiles, clothing, biodegradable plastics, paint, insulation, biofuel, food, and animal feed.

The Global Industrial Hemp Market Size was estimated at USD 1361.64 million in 2023 and is projected to reach USD 3266.34 million by 2029, exhibiting a CAGR of 15.70% during the forecast period.

This report provides a deep insight into the global Industrial Hemp market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Industrial Hemp Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Industrial Hemp market in any manner.

Global Industrial Hemp Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Kazmira

Medical Marijuana, Inc.

Charlotte's Web CBD

CV Sciences

Folium Biosciences

Endoca

Aurora Cannabis

Aphria

Canopy Growth Corporation

Manitoba Harvest

Hankang (Yunnan) Biotechnology

Yunnan Hansu Biotechnology

Yunnan Hamusen Biology

Kunming BiouNIO Biotechnology

Asan Wuxing Biology

Yunnan Yunxing Biotechnology

Huayun Jinxin Biotechnology

Yunma Biotechnology (Chenguang Biotechnology)

Market Segmentation (by Type)

CBD Oil

CBD Crystal

Market Segmentation (by Application)

Medical and Pharmaceutical

Food and Beverage

Cosmetics

Other

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Industrial Hemp Market
  • Overview of the regional outlook of the Industrial Hemp Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Industrial Hemp Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Industrial Hemp
1.2 Key Market Segments
1.2.1 Industrial Hemp Segment by Type
1.2.2 Industrial Hemp Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Industrial Hemp Market Overview
2.1 Global Market Overview
2.1.1 Global Industrial Hemp Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Industrial Hemp Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Industrial Hemp Market Competitive Landscape
3.1 Global Industrial Hemp Sales by Manufacturers (2019-2024)
3.2 Global Industrial Hemp Revenue Market Share by Manufacturers (2019-2024)
3.3 Industrial Hemp Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Industrial Hemp Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Industrial Hemp Sales Sites, Area Served, Product Type
3.6 Industrial Hemp Market Competitive Situation and Trends
3.6.1 Industrial Hemp Market Concentration Rate
3.6.2 Global 5 and 10 Largest Industrial Hemp Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Industrial Hemp Industry Chain Analysis
4.1 Industrial Hemp Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Industrial Hemp Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Industrial Hemp Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Industrial Hemp Sales Market Share by Type (2019-2024)
6.3 Global Industrial Hemp Market Size Market Share by Type (2019-2024)
6.4 Global Industrial Hemp Price by Type (2019-2024)
7 Industrial Hemp Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Industrial Hemp Market Sales by Application (2019-2024)
7.3 Global Industrial Hemp Market Size (M USD) by Application (2019-2024)
7.4 Global Industrial Hemp Sales Growth Rate by Application (2019-2024)
8 Industrial Hemp Market Segmentation by Region
8.1 Global Industrial Hemp Sales by Region
8.1.1 Global Industrial Hemp Sales by Region
8.1.2 Global Industrial Hemp Sales Market Share by Region
8.2 North America
8.2.1 North America Industrial Hemp Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Industrial Hemp Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Industrial Hemp Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Industrial Hemp Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Industrial Hemp Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Kazmira
9.1.1 Kazmira Industrial Hemp Basic Information
9.1.2 Kazmira Industrial Hemp Product Overview
9.1.3 Kazmira Industrial Hemp Product Market Performance
9.1.4 Kazmira Business Overview
9.1.5 Kazmira Industrial Hemp SWOT Analysis
9.1.6 Kazmira Recent Developments
9.2 Medical Marijuana, Inc.
9.2.1 Medical Marijuana, Inc. Industrial Hemp Basic Information
9.2.2 Medical Marijuana, Inc. Industrial Hemp Product Overview
9.2.3 Medical Marijuana, Inc. Industrial Hemp Product Market Performance
9.2.4 Medical Marijuana, Inc. Business Overview
9.2.5 Medical Marijuana, Inc. Industrial Hemp SWOT Analysis
9.2.6 Medical Marijuana, Inc. Recent Developments
9.3 Charlotte's Web CBD
9.3.1 Charlotte's Web CBD Industrial Hemp Basic Information
9.3.2 Charlotte's Web CBD Industrial Hemp Product Overview
9.3.3 Charlotte's Web CBD Industrial Hemp Product Market Performance
9.3.4 Charlotte's Web CBD Industrial Hemp SWOT Analysis
9.3.5 Charlotte's Web CBD Business Overview
9.3.6 Charlotte's Web CBD Recent Developments
9.4 CV Sciences
9.4.1 CV Sciences Industrial Hemp Basic Information
9.4.2 CV Sciences Industrial Hemp Product Overview
9.4.3 CV Sciences Industrial Hemp Product Market Performance
9.4.4 CV Sciences Business Overview
9.4.5 CV Sciences Recent Developments
9.5 Folium Biosciences
9.5.1 Folium Biosciences Industrial Hemp Basic Information
9.5.2 Folium Biosciences Industrial Hemp Product Overview
9.5.3 Folium Biosciences Industrial Hemp Product Market Performance
9.5.4 Folium Biosciences Business Overview
9.5.5 Folium Biosciences Recent Developments
9.6 Endoca
9.6.1 Endoca Industrial Hemp Basic Information
9.6.2 Endoca Industrial Hemp Product Overview
9.6.3 Endoca Industrial Hemp Product Market Performance
9.6.4 Endoca Business Overview
9.6.5 Endoca Recent Developments
9.7 Aurora Cannabis
9.7.1 Aurora Cannabis Industrial Hemp Basic Information
9.7.2 Aurora Cannabis Industrial Hemp Product Overview
9.7.3 Aurora Cannabis Industrial Hemp Product Market Performance
9.7.4 Aurora Cannabis Business Overview
9.7.5 Aurora Cannabis Recent Developments
9.8 Aphria
9.8.1 Aphria Industrial Hemp Basic Information
9.8.2 Aphria Industrial Hemp Product Overview
9.8.3 Aphria Industrial Hemp Product Market Performance
9.8.4 Aphria Business Overview
9.8.5 Aphria Recent Developments
9.9 Canopy Growth Corporation
9.9.1 Canopy Growth Corporation Industrial Hemp Basic Information
9.9.2 Canopy Growth Corporation Industrial Hemp Product Overview
9.9.3 Canopy Growth Corporation Industrial Hemp Product Market Performance
9.9.4 Canopy Growth Corporation Business Overview
9.9.5 Canopy Growth Corporation Recent Developments
9.10 Manitoba Harvest
9.10.1 Manitoba Harvest Industrial Hemp Basic Information
9.10.2 Manitoba Harvest Industrial Hemp Product Overview
9.10.3 Manitoba Harvest Industrial Hemp Product Market Performance
9.10.4 Manitoba Harvest Business Overview
9.10.5 Manitoba Harvest Recent Developments
9.11 Hankang (Yunnan) Biotechnology
9.11.1 Hankang (Yunnan) Biotechnology Industrial Hemp Basic Information
9.11.2 Hankang (Yunnan) Biotechnology Industrial Hemp Product Overview
9.11.3 Hankang (Yunnan) Biotechnology Industrial Hemp Product Market Performance
9.11.4 Hankang (Yunnan) Biotechnology Business Overview
9.11.5 Hankang (Yunnan) Biotechnology Recent Developments
9.12 Yunnan Hansu Biotechnology
9.12.1 Yunnan Hansu Biotechnology Industrial Hemp Basic Information
9.12.2 Yunnan Hansu Biotechnology Industrial Hemp Product Overview
9.12.3 Yunnan Hansu Biotechnology Industrial Hemp Product Market Performance
9.12.4 Yunnan Hansu Biotechnology Business Overview
9.12.5 Yunnan Hansu Biotechnology Recent Developments
9.13 Yunnan Hamusen Biology
9.13.1 Yunnan Hamusen Biology Industrial Hemp Basic Information
9.13.2 Yunnan Hamusen Biology Industrial Hemp Product Overview
9.13.3 Yunnan Hamusen Biology Industrial Hemp Product Market Performance
9.13.4 Yunnan Hamusen Biology Business Overview
9.13.5 Yunnan Hamusen Biology Recent Developments
9.14 Kunming BiouNIO Biotechnology
9.14.1 Kunming BiouNIO Biotechnology Industrial Hemp Basic Information
9.14.2 Kunming BiouNIO Biotechnology Industrial Hemp Product Overview
9.14.3 Kunming BiouNIO Biotechnology Industrial Hemp Product Market Performance
9.14.4 Kunming BiouNIO Biotechnology Business Overview
9.14.5 Kunming BiouNIO Biotechnology Recent Developments
9.15 Asan Wuxing Biology
9.15.1 Asan Wuxing Biology Industrial Hemp Basic Information
9.15.2 Asan Wuxing Biology Industrial Hemp Product Overview
9.15.3 Asan Wuxing Biology Industrial Hemp Product Market Performance
9.15.4 Asan Wuxing Biology Business Overview
9.15.5 Asan Wuxing Biology Recent Developments
9.16 Yunnan Yunxing Biotechnology
9.16.1 Yunnan Yunxing Biotechnology Industrial Hemp Basic Information
9.16.2 Yunnan Yunxing Biotechnology Industrial Hemp Product Overview
9.16.3 Yunnan Yunxing Biotechnology Industrial Hemp Product Market Performance
9.16.4 Yunnan Yunxing Biotechnology Business Overview
9.16.5 Yunnan Yunxing Biotechnology Recent Developments
9.17 Huayun Jinxin Biotechnology
9.17.1 Huayun Jinxin Biotechnology Industrial Hemp Basic Information
9.17.2 Huayun Jinxin Biotechnology Industrial Hemp Product Overview
9.17.3 Huayun Jinxin Biotechnology Industrial Hemp Product Market Performance
9.17.4 Huayun Jinxin Biotechnology Business Overview
9.17.5 Huayun Jinxin Biotechnology Recent Developments
9.18 Yunma Biotechnology (Chenguang Biotechnology)
9.18.1 Yunma Biotechnology (Chenguang Biotechnology) Industrial Hemp Basic Information
9.18.2 Yunma Biotechnology (Chenguang Biotechnology) Industrial Hemp Product Overview
9.18.3 Yunma Biotechnology (Chenguang Biotechnology) Industrial Hemp Product Market Performance
9.18.4 Yunma Biotechnology (Chenguang Biotechnology) Business Overview
9.18.5 Yunma Biotechnology (Chenguang Biotechnology) Recent Developments
10 Industrial Hemp Market Forecast by Region
10.1 Global Industrial Hemp Market Size Forecast
10.2 Global Industrial Hemp Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Industrial Hemp Market Size Forecast by Country
10.2.3 Asia Pacific Industrial Hemp Market Size Forecast by Region
10.2.4 South America Industrial Hemp Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Industrial Hemp by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Industrial Hemp Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Industrial Hemp by Type (2025-2030)
11.1.2 Global Industrial Hemp Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Industrial Hemp by Type (2025-2030)
11.2 Global Industrial Hemp Market Forecast by Application (2025-2030)
11.2.1 Global Industrial Hemp Sales (Kilotons) Forecast by Application
11.2.2 Global Industrial Hemp Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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