Industrial Hemp Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global industrial hemp market is expected to grow at a CAGR of around 15.4% during 2025-2034. This report on global industrial hemp market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global industrial hemp market by segmenting the market based on source, type, application and region. Also, detailed profiles of companies operating in the industrial hemp market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• New Product Developments from Industrial Hemp
• Increased Use in Different Food Applications
Market Challenges
• Lack of Processing Facilities
• Complex Regulatory Structure
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Source
• Organic
• Conventional
Market by Type
• Hemp Seed
• Hemp Seed Oil
• CBD Hemp Oil
• Hemp Fiber
Market by Application
• Food
Snacks & Cereals
Soup, Sauces, and Seasonings
Bakery
Diary & Frozen Desserts
Others
• Beverages
Hot Beverages
Sports & Energy Drinks
Ready To Drink
Others
• Personal Care products
• Textiles
• Pharmaceuticals
• Others
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Industrial Hemp Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Industrial Hemp Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Industrial Hemp Market by Source
- 5.1. Introduction
- 5.2. Organic
- 5.3. Conventional
- 6. Global Industrial Hemp Market by Type
- 6.1 Introduction
- 6.2 Hemp Seed
- 6.3 Hemp Seed Oil
- 6.4 CBD Hemp Oil
- 6.5 Hemp Fiber
- 7. Global Industrial Hemp Market by Application
- 7.1 Introduction
- 7.2 Food
- 7.2.1 Snacks & Cereals
- 7.2.2 Soup, Sauces, and Seasonings
- 7.2.3 Bakery
- 7.2.4 Diary & Frozen Desserts
- 7.2.5 Others
- 7.3 Beverages
- 7.3.1 Hot Beverages
- 7.3.2 Sports & Energy Drinks
- 7.3.4 Ready To Drink
- 7.3.5 Others
- 7.4 Personal Care Products
- 7.5 Textiles
- 7.6 Pharmaceuticals
- 7.7 Others
- 8. Global Industrial Hemp Market by Region
- 8.1 Introduction
- 8.2 Europe
- 8.2.1 Germany
- 8.2.2 United Kingdom
- 8.2.3 France
- 8.2.4 Italy
- 8.2.5 Spain
- 8.2.6 Russia
- 8.2.7 Netherlands
- 8.2.8 Rest of the Europe
- 8.3 North America
- 8.3.1 United States
- 8.3.2 Canada
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 Japan
- 8.4.3 India
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.4.6 Indonesia
- 8.4.7 Rest of the Asia Pacific
- 8.5 Latin America
- 8.5.1 Mexico
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 Turkey
- 8.6.3 Iran
- 8.6.4 United Arab Emirates
- 8.6.5 Rest of Middle East & Africa
- 9. SWOT Analysis
- 10. Porter’s Five Forces
- 11. Market Value Chain Analysis
- 12. Competitive Landscape
- 12.1. Competitive Scenario
- 12.2. Company Profiles
- 12.2.1. BAFA
- 12.2.2. Canah International
- 12.2.3. Colorado Hemp Works
- 12.2.4. Dun Agro
- 12.2.5. Ecofibre
- 12.2.6. GenCanna
- 12.2.7. Hemp Inc.
- 12.2.8. Hemp Oil Canada
- 12.2.9. Hemp Poland
- 12.2.10. Hempco
- 12.2.11. HempFlax BV
- 12.2.12. Konoplex Group
- 12.2.13. MH Medical Hemp
- 12.2.14. Plains Industrial Hemp Processing
- 12.2.15. South Hemp Tecno
- List of Figures
- Figure 1: Global Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 2: Global Industrial Hemp Market by Source, 2024
- Figure 3: Global Industrial Hemp Market by Type, 2024
- Figure 4: Global Industrial Hemp Market by Application, 2024
- Figure 5: Global Industrial Hemp Market by Region, 2024
- Figure 6: Global Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 7: Global Industrial Hemp Market by Source (in %), 2024 & 2034
- Figure 8: Global Organic Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 9: Global Organic Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 10: Global Conventional Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 11: Global Conventional Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 12: Global Industrial Hemp Market by Type (in %), 2024 & 2034
- Figure 13: Global Hemp Seed Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 14: Global Hemp Seed Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 15: Global Hemp Seed Oil Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 16: Global Hemp Seed Oil Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 17: Global CBD Hemp Oil Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 18: Global CBD Hemp Oil Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 19: Global Other Types Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 20: Global Other Types Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 21: Global Industrial Hemp Market by Application (in %), 2024 & 2034
- Figure 22: Global Food Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 23: Global Food Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 24: Snacks & Cereals Food Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 25: Soup, Sauces, and Seasonings Food Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 26: Bakery Food Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 27: Diary & Frozen Desserts Food Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 28: Other Foods Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 29: Global Beverages Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 30: Global Beverages Industrial Hemp Market (In US$ Million), 2025-2034
- Figure 31: Hot Beverages Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 32: Sports & Energy Drinks Beverages Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 33: Ready to Drink Beverages Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 34: Other Beverages Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 35: Global Personal Care Products Industrial Hemp Market (In US$ Million), 2020-2024
- Figure 36: Global Personal Care Products Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 37: Global Textiles Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 38: Global Textiles Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 39: Global Pharmaceuticals Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 40: Global Pharmaceuticals Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 41: Global Other Applications Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 42: Global Other Applications Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 43: Global Industrial Hemp Market by Region (in %), 2024 & 2034
- Figure 44: Europe Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 45: Europe Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 46: Europe Industrial Hemp Market by Country (in %), 2024 & 2034
- Figure 47: Germany Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 48: United Kingdom Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 49: France Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 50: Italy Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 51: Spain Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 52: Russia Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 53: Netherlands Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 54: North America Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 55: North America Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 56: North America Industrial Hemp Market by Country (in %), 2024 & 2034
- Figure 57: United States Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 58: Canada Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 59: Asia Pacific Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 60: Asia Pacific Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 61: Asia Pacific Industrial Hemp Market by Country (in %), 2024 & 2034
- Figure 62: China Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 63: Japan Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 64: India Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 65: South Korea Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 66: Australia Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 67: Indonesia Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 68: Latin America Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 69: Latin America Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 70: Latin America Industrial Hemp Market by Country (in %), 2024 & 2034
- Figure 71: Mexico Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 72: Brazil Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 73: Argentina Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 74: Middle East & Africa Industrial Hemp Market (in US$ Million), 2020-2024
- Figure 75: Middle East & Africa Industrial Hemp Market (in US$ Million), 2025-2034
- Figure 76: Middle East & Africa Industrial Hemp Market by Country (in %), 2024 & 2034
- Figure 77: Saudi Arabia Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 78: Turkey Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 79: Iran Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 80: UAE Industrial Hemp Market (in US$ Million), 2020-2034
- Figure 81: Market Value Chain
- List of Tables
- Table 1: Global Industrial Hemp Market Portraiture
- Table 2: Global Industrial Hemp Market by Source (in US$ Million), 2024 & 2034
- Table 3: Global Industrial Hemp Market by Type (in US$ Million), 2024 & 2034
- Table 4: Global Industrial Hemp Market by Application (in US$ Million), 2024 & 2034
- Table 5: Food Industrial Hemp Market by Application (in US$ Million), 2024 & 2034
- Table 6: Beverages Industrial Hemp Market by Application (in US$ Million), 2024 & 2034
- Table 7: Global Industrial Hemp Market by Region (in US$ Million), 2024 & 2034
- Table 8: Europe Industrial Hemp Market by Country (in US$ Million), 2024 & 2034
- Table 9: North America Industrial Hemp Market by Country (in US$ Million), 2024 & 2034
- Table 10: Asia Pacific Industrial Hemp Market by Country (in US$ Million), 2024 & 2034
- Table 11: Latin America Industrial Hemp Market by Country (in US$ Million), 2024 & 2034
- Table 12: Middle East & Africa Industrial Hemp Market by Country (in US$ Million), 2024 & 2034
- Table 13: List of Key Players
Research Assistance
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