The global Hemp market size was valued at US$ 1637.6 million in 2023. With growing demand in downstream market, the Hemp is forecast to a readjusted size of US$ 6863.9 million by 2030 with a CAGR of 22.7% during review period.
The research report highlights the growth potential of the global Hemp market. Hemp are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Hemp. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Hemp market.
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.
Key Features:
The report on Hemp market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Hemp market. It may include historical data, market segmentation by Type (e.g., Hemp Seeds, Hemp Oil), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Hemp market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Hemp market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Hemp industry. This include advancements in Hemp technology, Hemp new entrants, Hemp new investment, and other innovations that are shaping the future of Hemp.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Hemp market. It includes factors influencing customer ' purchasing decisions, preferences for Hemp product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Hemp market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Hemp market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Hemp market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Hemp industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Hemp market.
Market Segmentation:
Hemp market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Hemp Seeds
Hemp Oil
Hemp Protein
Soft Gel Caps
Others
Segmentation by application
Supermarkets
Convenience Stores
Others
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.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hemp market?
What factors are driving Hemp market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hemp market opportunities vary by end market size?
How does Hemp break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Hemp Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Hemp by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Hemp by Country/Region, 2019, 2023 & 2030
2.2 Hemp Segment by Type
2.2.1 Hemp Seeds
2.2.2 Hemp Oil
2.2.3 Hemp Protein
2.2.4 Soft Gel Caps
2.2.5 Others
2.3 Hemp Sales by Type
2.3.1 Global Hemp Sales Market Share by Type (2019-2024)
2.3.2 Global Hemp Revenue and Market Share by Type (2019-2024)
2.3.3 Global Hemp Sale Price by Type (2019-2024)
2.4 Hemp Segment by Application
2.4.1 Supermarkets
2.4.2 Convenience Stores
2.4.3 Others
2.5 Hemp Sales by Application
2.5.1 Global Hemp Sale Market Share by Application (2019-2024)
2.5.2 Global Hemp Revenue and Market Share by Application (2019-2024)
2.5.3 Global Hemp Sale Price by Application (2019-2024)
3 Global Hemp by Company
3.1 Global Hemp Breakdown Data by Company
3.1.1 Global Hemp Annual Sales by Company (2019-2024)
3.1.2 Global Hemp Sales Market Share by Company (2019-2024)
3.2 Global Hemp Annual Revenue by Company (2019-2024)
3.2.1 Global Hemp Revenue by Company (2019-2024)
3.2.2 Global Hemp Revenue Market Share by Company (2019-2024)
3.3 Global Hemp Sale Price by Company
3.4 Key Manufacturers Hemp Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Hemp Product Location Distribution
3.4.2 Players Hemp Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Hemp by Geographic Region
4.1 World Historic Hemp Market Size by Geographic Region (2019-2024)
4.1.1 Global Hemp Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Hemp Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Hemp Market Size by Country/Region (2019-2024)
4.2.1 Global Hemp Annual Sales by Country/Region (2019-2024)
4.2.2 Global Hemp Annual Revenue by Country/Region (2019-2024)
4.3 Americas Hemp Sales Growth
4.4 APAC Hemp Sales Growth
4.5 Europe Hemp Sales Growth
4.6 Middle East & Africa Hemp Sales Growth
5 Americas
5.1 Americas Hemp Sales by Country
5.1.1 Americas Hemp Sales by Country (2019-2024)
5.1.2 Americas Hemp Revenue by Country (2019-2024)
5.2 Americas Hemp Sales by Type
5.3 Americas Hemp Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Hemp Sales by Region
6.1.1 APAC Hemp Sales by Region (2019-2024)
6.1.2 APAC Hemp Revenue by Region (2019-2024)
6.2 APAC Hemp Sales by Type
6.3 APAC Hemp Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Hemp by Country
7.1.1 Europe Hemp Sales by Country (2019-2024)
7.1.2 Europe Hemp Revenue by Country (2019-2024)
7.2 Europe Hemp Sales by Type
7.3 Europe Hemp Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Hemp by Country
8.1.1 Middle East & Africa Hemp Sales by Country (2019-2024)
8.1.2 Middle East & Africa Hemp Revenue by Country (2019-2024)
8.2 Middle East & Africa Hemp Sales by Type
8.3 Middle East & Africa Hemp Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Hemp
10.3 Manufacturing Process Analysis of Hemp
10.4 Industry Chain Structure of Hemp
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Hemp Distributors
11.3 Hemp Customer
12 World Forecast Review for Hemp by Geographic Region
12.1 Global Hemp Market Size Forecast by Region
12.1.1 Global Hemp Forecast by Region (2025-2030)
12.1.2 Global Hemp Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Hemp Forecast by Type
12.7 Global Hemp Forecast by Application
13 Key Players Analysis
13.1 Manitoba Harvest
13.1.1 Manitoba Harvest Company Information
13.1.2 Manitoba Harvest Hemp Product Portfolios and Specifications
13.1.3 Manitoba Harvest Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Manitoba Harvest Main Business Overview
13.1.5 Manitoba Harvest Latest Developments
13.2 CW Hemp/CW Botanicals
13.2.1 CW Hemp/CW Botanicals Company Information
13.2.2 CW Hemp/CW Botanicals Hemp Product Portfolios and Specifications
13.2.3 CW Hemp/CW Botanicals Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 CW Hemp/CW Botanicals Main Business Overview
13.2.5 CW Hemp/CW Botanicals Latest Developments
13.3 Aphria
13.3.1 Aphria Company Information
13.3.2 Aphria Hemp Product Portfolios and Specifications
13.3.3 Aphria Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Aphria Main Business Overview
13.3.5 Aphria Latest Developments
13.4 Canopy Growth Corporation
13.4.1 Canopy Growth Corporation Company Information
13.4.2 Canopy Growth Corporation Hemp Product Portfolios and Specifications
13.4.3 Canopy Growth Corporation Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Canopy Growth Corporation Main Business Overview
13.4.5 Canopy Growth Corporation Latest Developments
13.5 Nutiva
13.5.1 Nutiva Company Information
13.5.2 Nutiva Hemp Product Portfolios and Specifications
13.5.3 Nutiva Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Nutiva Main Business Overview
13.5.5 Nutiva Latest Developments
13.6 Agropro
13.6.1 Agropro Company Information
13.6.2 Agropro Hemp Product Portfolios and Specifications
13.6.3 Agropro Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Agropro Main Business Overview
13.6.5 Agropro Latest Developments
13.7 CV Sciences
13.7.1 CV Sciences Company Information
13.7.2 CV Sciences Hemp Product Portfolios and Specifications
13.7.3 CV Sciences Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 CV Sciences Main Business Overview
13.7.5 CV Sciences Latest Developments
13.8 Isodiol
13.8.1 Isodiol Company Information
13.8.2 Isodiol Hemp Product Portfolios and Specifications
13.8.3 Isodiol Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Isodiol Main Business Overview
13.8.5 Isodiol Latest Developments
13.9 ENDOCA
13.9.1 ENDOCA Company Information
13.9.2 ENDOCA Hemp Product Portfolios and Specifications
13.9.3 ENDOCA Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 ENDOCA Main Business Overview
13.9.5 ENDOCA Latest Developments
13.10 Jinzhou Qiaopai Biotech
13.10.1 Jinzhou Qiaopai Biotech Company Information
13.10.2 Jinzhou Qiaopai Biotech Hemp Product Portfolios and Specifications
13.10.3 Jinzhou Qiaopai Biotech Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Jinzhou Qiaopai Biotech Main Business Overview
13.10.5 Jinzhou Qiaopai Biotech Latest Developments
13.11 North American Hemp & Grain Co
13.11.1 North American Hemp & Grain Co Company Information
13.11.2 North American Hemp & Grain Co Hemp Product Portfolios and Specifications
13.11.3 North American Hemp & Grain Co Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 North American Hemp & Grain Co Main Business Overview
13.11.5 North American Hemp & Grain Co Latest Developments
13.12 Yunnan Industrial Hemp
13.12.1 Yunnan Industrial Hemp Company Information
13.12.2 Yunnan Industrial Hemp Hemp Product Portfolios and Specifications
13.12.3 Yunnan Industrial Hemp Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Yunnan Industrial Hemp Main Business Overview
13.12.5 Yunnan Industrial Hemp Latest Developments
13.13 GFR Ingredients Inc
13.13.1 GFR Ingredients Inc Company Information
13.13.2 GFR Ingredients Inc Hemp Product Portfolios and Specifications
13.13.3 GFR Ingredients Inc Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 GFR Ingredients Inc Main Business Overview
13.13.5 GFR Ingredients Inc Latest Developments
13.14 Hempco
13.14.1 Hempco Company Information
13.14.2 Hempco Hemp Product Portfolios and Specifications
13.14.3 Hempco Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Hempco Main Business Overview
13.14.5 Hempco Latest Developments
13.15 Yishutang
13.15.1 Yishutang Company Information
13.15.2 Yishutang Hemp Product Portfolios and Specifications
13.15.3 Yishutang Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Yishutang Main Business Overview
13.15.5 Yishutang Latest Developments
13.16 Naturally Splendid
13.16.1 Naturally Splendid Company Information
13.16.2 Naturally Splendid Hemp Product Portfolios and Specifications
13.16.3 Naturally Splendid Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 Naturally Splendid Main Business Overview
13.16.5 Naturally Splendid Latest Developments
13.17 BAFA neu GmbH
13.17.1 BAFA neu GmbH Company Information
13.17.2 BAFA neu GmbH Hemp Product Portfolios and Specifications
13.17.3 BAFA neu GmbH Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 BAFA neu GmbH Main Business Overview
13.17.5 BAFA neu GmbH Latest Developments
13.18 Aos Products
13.18.1 Aos Products Company Information
13.18.2 Aos Products Hemp Product Portfolios and Specifications
13.18.3 Aos Products Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 Aos Products Main Business Overview
13.18.5 Aos Products Latest Developments
13.19 Suyash Herbs
13.19.1 Suyash Herbs Company Information
13.19.2 Suyash Herbs Hemp Product Portfolios and Specifications
13.19.3 Suyash Herbs Hemp Sales, Revenue, Price and Gross Margin (2019-2024)
13.19.4 Suyash Herbs Main Business Overview
13.19.5 Suyash Herbs Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
