Global Hemp Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Hemp Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Hemp market size was valued at US$ 2132 million in 2024 and is forecast to a readjusted size of USD 8163 million by 2031 with a CAGR of 21.4% during review period.

Hemp, or industrial hemp, typically found in the northern hemisphere, is a variety of the Cannabis sativa plant species that is grown specifically for the industrial uses of its derived products. It is one of the fastest growing plants and was one of the first plants to be spun into usable fiber 10,000 years ago.

The main Hemp players include Manitoba Harvest, Isodiol, Canopy Growth Corporation, CW Botanicals, Aphria, etc. The top five Hemp players account for approximately 40% of the total global market. North America is the largest consumer market for Hemp accounting for about 35%, followed by China and Europe. In terms of Type, Hemp Oil is the largest segment, with a share about 37%. And in terms of Applications, the largest segment is Supermarkets, followed by Convenience Stores.

This report is a detailed and comprehensive analysis for global Hemp market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Hemp market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/K MT), 2020-2031

Global Hemp market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/K MT), 2020-2031

Global Hemp market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/K MT), 2020-2031

Global Hemp market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/K MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Hemp

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Hemp market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Manitoba Harvest, CW Hemp/CW Botanicals, Aphria, Canopy Growth Corporation, Nutiva, Agropro, CV Sciences, Isodiol, ENDOCA, Jinzhou Qiaopai Biotech, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Hemp market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Hemp Seeds

Hemp Oil

Hemp Protein

Soft Gel Caps

Others

Market segment by Application

Supermarkets

Convenience Stores

Others

Major players covered

Manitoba Harvest

CW Hemp/CW Botanicals

Aphria

Canopy Growth Corporation

Nutiva

Agropro

CV Sciences

Isodiol

ENDOCA

Jinzhou Qiaopai Biotech

North American Hemp & Grain Co

Yunnan Industrial Hemp

GFR Ingredients Inc

Hempco

Yishutang

Naturally Splendid

BAFA neu GmbH

Aos Products

Suyash Herbs

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Hemp product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Hemp, with price, sales quantity, revenue, and global market share of Hemp from 2020 to 2025.

Chapter 3, the Hemp competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Hemp breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Hemp market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Hemp.

Chapter 14 and 15, to describe Hemp sales channel, distributors, customers, research findings and conclusion.