Global Hemp Oil Market Growth 2023-2029

Global Hemp Oil Market Growth 2023-2029

Hemp oil (hemp seed oil or hempseed oil) is oil obtained by pressing hemp seeds. Cold pressed, unrefined hemp oil is dark to clear light green in color, with a nutty flavor. The darker the color, the grassier the flavour. It should not be confused with hash oil, a tetrahydrocannabinol-containing oil made from the Cannabis flower.

LPI (LP Information)' newest research report, the “Hemp Oil Industry Forecast” looks at past sales and reviews total world Hemp Oil sales in 2022, providing a comprehensive analysis by region and market sector of projected Hemp Oil sales for 2023 through 2029. With Hemp Oil sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hemp Oil industry.

This Insight Report provides a comprehensive analysis of the global Hemp Oil landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hemp Oil portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hemp Oil market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hemp Oil and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hemp Oil.

The global Hemp Oil market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Hemp Oil is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Hemp Oil is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Hemp Oil is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Hemp Oil players cover Cannavest, Pharmahemp, ENDOCA, BAFA Gmbh, Protect Pharma Rakitovica, Biobloom Hemp, Deep Nature Project, Harmony and DragonflyCBD, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Hemp Oil market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Food Grade
Pharmaceutical Grade

Segmentation by application
Food
Cosmetic
Pharmaceutical
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cannavest
Pharmahemp
ENDOCA
BAFA Gmbh
Protect Pharma Rakitovica
Biobloom Hemp
Deep Nature Project
Harmony
DragonflyCBD
MH medical hemp GmbH
Celtic Wind
Elixinol
HemPoland
Opencrop GmbH

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hemp Oil market?

What factors are driving Hemp Oil market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hemp Oil market opportunities vary by end market size?

How does Hemp Oil break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.