20.02.2026 12:92 Indusval Hemp Market: Trends, Opportunites, Challenges MARKETSANDMARKETS a) dvelustviakdempsN a. ittaswp resmibexnereintnndmade|s.com/sionin asp) RESEARCH EXPERTS {(RESEARCHLEMwenwrn2ASP) BRIEFINGS (/ANALYSTBRIEFINGS HTML) CAREERS (ICAREERASP) CONTACT US (/CONTACTUS.ASP) HOME ()_> TOP MARKET REPORTS (/TOP-MARKET-REPORTS ASP) > INDUSTRIAL HEMP MARKET 80% OF FORTUNE 2000 COMPANIES RELY ON OUR RESEARCH TO IDENTIFY NEW REVENUE SOURCES. Induadrial bhemp.MarketbysTypedHemp Seed, Hemp Seed Oil, CBD Hemp Oil, Hemp Bast, Hemp Hurd), Source (Conventional, Organic), Application (Food & Beverages Pharmaceuticals, Textiles, Personal Care Products) and Region - Global Forecast to 2027 ‘4 FREE BROCHURE (pdldownioacNew asp?id=84160417) | & FREE SAMPLE REPORT (requostsampleNew.asp? 188417) Report Code: FB 7182Nov, 2022, by marketsandmarkels.com DESCRIPTION TABLE OF CONTENTS METHODOLOGY (IPDFDOWNLOADNEW.ASP?1D=84188417) The industrial hemp market size is expected to grow rapidly in the next years, rising from $6.8 bi in in 2022 to $18.1 2027, at a CAGR of 21.6% from 2022 to 2027, The industrial hemp market is a rapidly growing industry. It is used for a variety of products including textiles, building materials, and food products. The market is driven by the increasing demand for sustainable and eco-friendly products, as well as the legalization of hemp cultivation in many countries. Additionally, the market is also driven by the growing use of hemp-derived CBD in the healthcare industry, Key features of the Industrial hemp market + Increasing legalization and deregulation of hemp cultivation in many countries, leading to more availability of raw materials. + High demand for hemp-based products such as textiles, paper, and building materials. + Advancements in cultivation and processing technology, which are driving down costs and improving efficiency. * Rising interest in hemp as a sustainable alternative to traditional crops, as it requires less water and pesticides to grow. + Growing use of hemp in the food and beverage industry, particularly for hemp seeds and hemp oil. We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info x (hitosiwww.marketsandmarkets,com/Privacy-12. htm) hitps:www marketsandmarkets.com/Market-Reportsindustral-hemp-market-84188417.himl un20.02.2026 12:92 Industial Hemp Market: Trends, Opportunites, Challenges = chobcinade}s.com’signin.asp) escehcel USD 18.1 billion by 2027 ect a CAGR of 21.6% (2022-2027) To know about the assumptions considered for the study, Request for Free Sample Report (https:/iwww.marketsandmarkets.com/requestsampleNew.asp?id=84188417) Industrial Hemp Market Dynamics Drivers:Increase in the legalization of industrial hemp Hemp has been grown all over the world as a source of fiber and oilseed to make a variety of consumer and industrial products. Cannabis (https://www.marketsandmarkets.com/Market- Reports/cannabis-market-201768301 htm!) sativa L, which is not marijuana but a different variety of the same species, is the source of industrial hemp. Because of its name, consumers believe hemp has psychoactive properties. This factor has a negative impact on the hemp industry's growth. The United States took several steps in the 2018 farm bill (a federal government agricultural and food policy tool) to legalize the production of hemp as an agricultural commodity and to remove it from the list of controlled substances; however, it cannot be grown as freely as. other crops. The bill outlined actions that would be considered violations of the law, such as producing a plant with more than 0.3% THC (tetrahydrocannabinol) content or cultivating hemp without a license Due to the legalization of industrial hemp cultivation in the United States, the North American region has become preoccupied with the production of oilseeds and cannabidiol (CBD), a non- intoxicant cannabinoid that can be used in the food and pharmaceutical industries. Hemp seed and hemp seed oil are high in vitamin and mineral nutrients. Hemp seed oil is high in fatty acids, has a balanced protein content, and is easily digestible. CBD is becoming more popular as a food supplement and as an ingredient in pharmaceutical and cosmetic products. As a result, the use of CBD hemp oil is gradually gaining prominence in the food and pharmaceutical industries, which is expected to drive the growth of industrial hemp in the coming years. Restraints: The complex regulatory structure for the usage of industrial hemp We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info x (hitpsiwww.marketsandmarkets,com/Privacy-12.htm! hitps:www marketsandmarkets.com/Market-Reportsindustral-hemp-market-84188417.himl ae20.02.2026 12.2 Indust Hemp Market: Trends, Opporunies, Challenges 4, and hemp-derived products must follow various regulatory guidelines > fferent countries around the world have different levels of legalization for anufacturers and stakeholders may find it difficult to comply with strict MARKETS ANDMARKETS {ggulatory norms regarding the production and sale of industrial hemp across different states within the same country. Furthermore, the regulations governing hemp containing cannabidiol (CBD) and HOMEbydke6enDEPiROLITEIGh Q SoeRSHiP TEAR /eMERSHReRMAge)s.com/signin.asp) tions associated REAEARGH EXRERTSARESEARCHLEwanwrn2ASP) BRIEFINGS (/ANALYSTBRIEFINGSHTML) CAREERS ((CAREERLASP) ~ CONTACT US (/CONTACTUS.ASP) Many countries restrict the use of CBD hemp oil for personal care and cosmetics. China only allows the use of hemp seed and hemp seed oil, while CBD is only permitted in cosmetic products. It has not yet received FDA approval for use in food or pharmaceutical applications. Furthermore, hemp-derived CBD is not yet legal for industrial use in Australia, Spain, or the Middle East. These regulations related to the trading, manufacturing, and prescription of industrial hemp continue to be highly complex and varied across various states and countries, making the industry one of the most heavily regulated. Opportunities:Innovative product development from industrial hemp ‘As hemp cultivation becomes more legal, manufacturers and research institutions are developing new products from industrial hemp. One such application is biofuel, which is expected to have significant growth potential in the coming years. With the rise in oil prices (diesel and gasoline), as well as growing concems about global warming, biofuels have gained popularity. Hemp seed extracts are used to make hemp biodiesel, which is suitable for use in any diesel-powered vehicle Additionally, hemp can be used to produce ethanol, which is currently produced from food crops such as wheat and corn, This would result in increased food production efficiency. Another product that allows for the growth of industrial hemp is bioplastic. Hemp bioplastics are made from used hemp seeds and CBD oil. Growing consumer demand for sustainable goods, as well as corporate and government initiatives and support, are expected to fuel the growth of hemp- based biofuel and bioplastics. Furthermore, hemp contains approximately 70% cellulose fibers, which can be converted into bioplastics. Challenges: Lack of top-of-the-line hemp processing facilities Following the legalization of industrial hemp in the United States, the country's industrial hemp industry has grown rapidly, as it is one of the largest consumers of hemp-derived products. However, proper planting and harvesting equipment has been lacking. Due to the fragility of air seeders used for crop planting, they must be used with a low air volume in the case of hemp speed. In September 2021, the National Hemp Association proposed a USD 1 billion amendment to the upcoming infrastructure bill through its Standing Committee of Hemp Organizations (SCOHO) to expedite hemp fiber and grain production facilities. Grants of up to USD 3 million would be made to businesses to help them buy equipment that allows a farmer to harvest or cultivate a hemp plant, a manufacturer to extract decorate, degum, layout, can, pack, mold, press, and/or any other machinery that uses the hemp plant or any derivatives of the hemp plant to create a product. By industrial hemp type, the hemp seed segment is projected to account for the largest market share in the industrial hemp market during the forecast period We use cookies to enhance your experience. By continuing to visit this site you agree to our Use of cookies . More info x (hitpsiwww.marketsandmarkets,com/Privacy-12.htm! hitps:www marketsandmarkets.com/Market-Reportsindustral-hemp-market-84188417.himl ant20.02.2026 12.2 Indust Hemp Market: Trends, Opporunies, Challenges “rom the Cannabis sativa plant and contain only a trace amount of ~& 2) These are high in two essential fatty acids, linoleic (omega-6) and ARKETS: vomanKerell 28 Vitamins E, 81, 82, 86, and D, calcium, magnesium, and potassium np Seed Contains easly digestible protein (20-25%), polyunsaturated fatty acids (PUFA), a lot of lipids (25-35%), and a lot of carbohydrates (20-30%) with a lot of insoluble fiber. The rich source of HOME} linaleie anghdotremedt Q dstrsHip TARE UEKMEREKRERKMAgE|s.com/signin.asp) jred favorable RESEARGH EXBERTS RESEARCH itrmmar-wer ASE; BRIERINGS (/ANALYSTBRIEFINGS HTML) CAREERS (CAREER-ASP) CONTACT US (|CONTACTUS.ASP) "Hemp seeds come from the Cannabis sativa plant and contain minimal THC. They are high in essential fatty acids, vitamins, minerals, and easily digestible protein, making them a suitable food ingredient for human and animal consumption, especially among vegan consumers. The rich source of PUFA and balanced fatty acid composition is beneficial for human nutrition, and the high-quality proteins in hemp seeds are expected to drive their demand as food ingredients in the future.” Linoleic acid accounts for 64 to 72% of the total fatty acid composition. Gamma Linolenic acid (GLA) has been shown to help prevent and treat diseases such as diabetes, high blood pressure, obesity, premenstrual syndrome, skin allergies, and rheumatoid arthritis. Hemp seed protein is suitable for human and animal consumption because it is primarily composed of high-quality, easily digestible proteins edestin and albumin, both of which are high in essential amino acids. Furthermore, they have more digestible proteins than meat, eggs, cheese, and milk, which is expected to drive their demand as food ingredients, particularly among vegan consumers, in the coming years. By application, food & beverage lead the application segment due to its versatility Hemp is increasingly being used in food products because it contains essential fatty acids (linoleic and linolenic acid), vitamin E, and minerals such as phosphorus, potassium, sodium, magnesium, calcium, zine, iron, and protein. Hemp is most consumed as hemp seed, either raw or roasted. Salads, smoothies, yogurt, and cereals all contain it. The increased consumption of plant-based protein due to the global popularity of veganism is expected to drive demand for hemp-based processed food products such as bars, flour, snacks, and cheese. Furthermore, due to the presence of highly digestible fiber, its role in improving digestion is expected to fuel its demand for food products. Hemp tortilla chips, hemp corn chips, and hemp hearts are some of the hemp- based snacks that are popular. Hemp is used as a breakfast cereal because of its nutrient-rich profile of essential fatty acids, which are required for proper body functioning, Furthermore, the growing demand for hemp snacks as post-exercise food is expected to increase in the coming years due to their high protein content. By source, organic has the highest growth rate during the forecast period Hemp grown conventionally is a non-GMO crop grown without the use of pesticides. Conventional hemp does not necessitate the same stringent inspections and guidelines that certified organic hemp does. As a result, they are less expensive than organic Hamp products. Hemp grown conventionally is increasingly being used in the textile and pulp and paper industries. Furthermore, their use in biofuel, construction and material, furniture, and bioplastics has increased their We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info x (hitpsiwww.marketsandmarkets,com/Privacy-12.htm! hitps:www marketsandmarkets.com/Market-Reportsindustral-hemp-market-84188417.himl ana20.02.2026 12:92 Industrial Hemp Market: Trends, Opportunites, Challenges nse Sermany) provides a variety of traditional hemp-based products. SO 2ds/hemp nuts, peeled hemp seeds/hemp nuts, cold-pressed homo seed and hemp flour are among the products available. MARKETSANDMARKETS. 39 R {db esrue vn veayeneshabsenciade}s.com/signin.asp) were Bye M 3 lee: xX Rest of Asia Pacific XX% XX% Market size (USD million) The fastest-growing ‘Share of the region in ‘CAGR (VALUE) ofthe region inthe global subregional marketin _the global market, in terms market, in 2024 terms of value cof value, in 2024 BYTVPE, 2021 (USD MILLION) BY APPLICATION, 2021 (USD MILLION) nh Other applications mm Construction Materials 1 Lon est ioe CBD Hemp Oi! Arial jie Personal Care Products mmm Homp Seed 0 Ty Pharmaceuticals = ice —— cop Seed Hemp Sood se ——— ASIA PACIFIC: INDUSTRIAL HEMP MARKET SIZE, DRIVING FACTORS FOR GROWTH IN BY COUNTRY/REGION THE ASIA PACIFIC REGION country MARKET SZE case + China is leading producer of hemp fiber. RESION 2021 (USD MILLION 022-2027) + Chinese government never imposed a ban on hemp ‘ching Fs x ‘and isin favor of growing the plant. ats Pe i + There Is rise in the demand for CED hemp cil, owing to increace Japan x ~ in various chronic diseases in 5 Aural a Ne the developing countries Tealen m ™ of Asia Pacific Rest ofAsia Pacific. ce ~ To know about the assumptions considered for the study, download the pdf brochure (https:/www.marketsandmarkets.com/pdfdownloadNew.asp?id=84188417) Industrial Hemp Market Key Players Marijuana Company of America Inc. (US), Cronos Group Inc. (Canada), Ecofibre Limited (Australia), Green Thumb Industries (US), Curaleaf Holdings Inc. (US), GenCanna (US), HempFlax BV (Netherlands), Konoplex Group (Russia), Hemp Oil Canada (Canada), BAFA (Germany), Dun We use cookies to enhance your experience. By continuing to visit tis site you agree to our use of cookies . More info x (httos:/vww.marketsandmarkets.com/Privacy-12.htm) nipsfwnww.marketsandmarkets com/Market-Reportslindustral-hemp-market 84188417 hil set20.02.2026 12:92 ts BERLPAG, WARKELReport Scope Report Metrics (OME (I) ABOUTUS (/ABOUTUS:8.HT Q. Base year considered Forecast period considered Units considered Segments Covered Regions covered Companies studied Indust Hemp Market: Trends, Opporunies, Challenges ands), Colorado Hemp Works (US), Canah International (Romania), and MH Medical Hemp GmbH (Germany). eRORAMIAA|S-Com'signin.asp) IEFINGS (/ANALYSTBRIEFINGS.HTML) 2022-2027 2021 2022-2027 Value (USD) type, source, region, and mode of application. North America, Europe, Asia Pacific, and RoW + Marijuana Company of America Inc. (US) + Cronos Group Inc. (Canada) + Ecofibre Limited (Australia) + Green Thumb Industries (US) + Curaleaf Holdings Inc. (US) + GenCanna (US) + HempFlax BV (Netherlands) + Konoplex Group (Russia) + Hemp Oil Canada (Canada) + BAFA (Germany) ‘+ Dun Agro Hemp Group (Netherlands) + Colorado Hemp Works (US) + Canah international (Romania) + South Hemp Tecno (Italy) + MH Medical Hemp GmbH (Germany) Industrial Hemp Market Segments This research report categorizes the industrial hemp market, based on product type, application, source, and region. By Type + Hemp seed + Hemp seed oil + CBD hemp oil + Hemp bast + Hemp hurd WEYSSUEBP 0 enhance your experience. By continuing to vst this ste you agree to our use of cookies . Mare info x (hitos:www marketsandmarkets,com/Privacy-12.Ntm hitps:www marketsandmarkets.com/Market-Reportsindustral-hemp-market-84188417.himl on20.02.2026 12:92 Indusval Hemp Market: Trends, Opportunites, Challenges MARKETSANOMARKETS © . Food & Beverages * Textiles HOME (1 “ABOUT US (ABOUTUS-€.HT Ql AOERSHIP TERN (tenbeReHRbEEmAse}s.comsignin asp) RESEARCH @RBAGS YHESEARCHLEMw erwin 2ASP) BRIEFINGS (/ANALYSTBRIEFINGSHTML) CARGERS JRAREERASH PRYGNGEY'S /CONTACTUS.ASP) + Animal Nutrition + Paper + Construction Materials * Other applications By Region + North America * Asia Pacific + Europe + Rest of the World (RoW) Target Audience * Supply side: industrial hemp producers, suppliers, distributors, importers, and exporters + Demand side: food & beverage, personal care, textile, construction material, animal nutrition manufacturers + Regulatory bodies Government agencies and non-governmental organizations (NGO) Commercial R&D institutions and financial institutions * Associations, regulatory bodies, and other industry-related bodies: © Food and Agriculture Organization (FAO) © Food and Drug Administration (FDA) © European Industrial Hemp Association (EIHA) © National Hemp Association (NHA) © United States Department of Agriculture (USDA) © American Farm Bureau Federation (AFBF) © European Food Safety Authority (EFSA) © Canadian Hemp Trade Alliance (CHTA) © British Hemp Association (BHA) © Indian Industrial Hemp Association (IIHA) © Hemp Industries Association (HIA) © Vote Hemp © Hokkaido Industrial Hemp Association (HIHA) Recent Developments + In December 2021, Green Thumb Industries Inc. purchased Leafline Industries. As one of only two approved cultivators in the Minnesota medical cannabis industry, Leafline is licensed to grow, process, and distribute cannabis directly to patients. With this acquisition, the We use cook’es to érhance youir experience. By continuing to visit tis ste you agree to our use of cookies More nfs (its RAGA ARAN Is MArKeRIaptprint into Minnesota. hitps:www marketsandmarkets.com/Market-Reportsindustral-hemp-market-84188417.himl a20.02.2026 12:92 Indusval Hemp Market: Trends, Opportunites, Challenges gredients, as well as white and private label services to the United MARKETS " CBD Capital Ltd, the leading provider of CBD distillate, isolate, and Frequently Asked Questions (FAQ): What is the projected market value of the global Industrial Hemp Market? v What is the estimated growth rate (CAGR) of the global Industrial Hemp Market forthe v next five years? 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