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 global market for Hemp was estimated to be worth US$ 1674 million in 2023 and is forecast to a readjusted size of US$ 6797.7 million by 2030 with a CAGR of 21.9% during the forecast period 2024-2030
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.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Hemp, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Hemp by region & country, by Type, and by Application.
The Hemp market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hemp.
Market Segmentation
By Company
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
Segment by Type:
Hemp Seeds
Hemp Oil
Hemp Protein
Soft Gel Caps
Others
Segment by Application
Supermarkets
Convenience Stores
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Hemp manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Hemp in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Hemp in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Hemp Product Introduction
1.2 Global Hemp Market Size Forecast
1.2.1 Global Hemp Sales Value (2019-2030)
1.2.2 Global Hemp Sales Volume (2019-2030)
1.2.3 Global Hemp Sales Price (2019-2030)
1.3 Hemp Market Trends & Drivers
1.3.1 Hemp Industry Trends
1.3.2 Hemp Market Drivers & Opportunity
1.3.3 Hemp Market Challenges
1.3.4 Hemp Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Hemp Players Revenue Ranking (2023)
2.2 Global Hemp Revenue by Company (2019-2024)
2.3 Global Hemp Players Sales Volume Ranking (2023)
2.4 Global Hemp Sales Volume by Company Players (2019-2024)
2.5 Global Hemp Average Price by Company (2019-2024)
2.6 Key Manufacturers Hemp Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Hemp Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Hemp
2.9 Hemp Market Competitive Analysis
2.9.1 Hemp Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Hemp Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Hemp as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Hemp Seeds
3.1.2 Hemp Oil
3.1.3 Hemp Protein
3.1.4 Soft Gel Caps
3.1.5 Others
3.2 Global Hemp Sales Value by Type
3.2.1 Global Hemp Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Hemp Sales Value, by Type (2019-2030)
3.2.3 Global Hemp Sales Value, by Type (%) (2019-2030)
3.3 Global Hemp Sales Volume by Type
3.3.1 Global Hemp Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Hemp Sales Volume, by Type (2019-2030)
3.3.3 Global Hemp Sales Volume, by Type (%) (2019-2030)
3.4 Global Hemp Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Supermarkets
4.1.2 Convenience Stores
4.1.3 Others
4.2 Global Hemp Sales Value by Application
4.2.1 Global Hemp Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Hemp Sales Value, by Application (2019-2030)
4.2.3 Global Hemp Sales Value, by Application (%) (2019-2030)
4.3 Global Hemp Sales Volume by Application
4.3.1 Global Hemp Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Hemp Sales Volume, by Application (2019-2030)
4.3.3 Global Hemp Sales Volume, by Application (%) (2019-2030)
4.4 Global Hemp Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Hemp Sales Value by Region
5.1.1 Global Hemp Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Hemp Sales Value by Region (2019-2024)
5.1.3 Global Hemp Sales Value by Region (2025-2030)
5.1.4 Global Hemp Sales Value by Region (%), (2019-2030)
5.2 Global Hemp Sales Volume by Region
5.2.1 Global Hemp Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Hemp Sales Volume by Region (2019-2024)
5.2.3 Global Hemp Sales Volume by Region (2025-2030)
5.2.4 Global Hemp Sales Volume by Region (%), (2019-2030)
5.3 Global Hemp Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Hemp Sales Value, 2019-2030
5.4.2 North America Hemp Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Hemp Sales Value, 2019-2030
5.5.2 Europe Hemp Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Hemp Sales Value, 2019-2030
5.6.2 Asia Pacific Hemp Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Hemp Sales Value, 2019-2030
5.7.2 South America Hemp Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Hemp Sales Value, 2019-2030
5.8.2 Middle East & Africa Hemp Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Hemp Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Hemp Sales Value
6.2.1 Key Countries/Regions Hemp Sales Value, 2019-2030
6.2.2 Key Countries/Regions Hemp Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Hemp Sales Value, 2019-2030
6.3.2 United States Hemp Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Hemp Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Hemp Sales Value, 2019-2030
6.4.2 Europe Hemp Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Hemp Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Hemp Sales Value, 2019-2030
6.5.2 China Hemp Sales Value by Type (%), 2023 VS 2030
6.5.3 China Hemp Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Hemp Sales Value, 2019-2030
6.6.2 Japan Hemp Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Hemp Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Hemp Sales Value, 2019-2030
6.7.2 South Korea Hemp Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Hemp Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Hemp Sales Value, 2019-2030
6.8.2 Southeast Asia Hemp Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Hemp Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Hemp Sales Value, 2019-2030
6.9.2 India Hemp Sales Value by Type (%), 2023 VS 2030
6.9.3 India Hemp Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Manitoba Harvest
7.1.1 Manitoba Harvest Company Information
7.1.2 Manitoba Harvest Introduction and Business Overview
7.1.3 Manitoba Harvest Hemp Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Manitoba Harvest Hemp Product Offerings
7.1.5 Manitoba Harvest Recent Development
7.2 CW Hemp/CW Botanicals
7.2.1 CW Hemp/CW Botanicals Company Information
7.2.2 CW Hemp/CW Botanicals Introduction and Business Overview
7.2.3 CW Hemp/CW Botanicals Hemp Sales, Revenue and Gross Margin (2019-2024)
7.2.4 CW Hemp/CW Botanicals Hemp Product Offerings
7.2.5 CW Hemp/CW Botanicals Recent Development
7.3 Aphria
7.3.1 Aphria Company Information
7.3.2 Aphria Introduction and Business Overview
7.3.3 Aphria Hemp Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Aphria Hemp Product Offerings
7.3.5 Aphria Recent Development
7.4 Canopy Growth Corporation
7.4.1 Canopy Growth Corporation Company Information
7.4.2 Canopy Growth Corporation Introduction and Business Overview
7.4.3 Canopy Growth Corporation Hemp Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Canopy Growth Corporation Hemp Product Offerings
7.4.5 Canopy Growth Corporation Recent Development
7.5 Nutiva
7.5.1 Nutiva Company Information
7.5.2 Nutiva Introduction and Business Overview
7.5.3 Nutiva Hemp Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Nutiva Hemp Product Offerings
7.5.5 Nutiva Recent Development
7.6 Agropro
7.6.1 Agropro Company Information
7.6.2 Agropro Introduction and Business Overview
7.6.3 Agropro Hemp Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Agropro Hemp Product Offerings
7.6.5 Agropro Recent Development
7.7 CV Sciences
7.7.1 CV Sciences Company Information
7.7.2 CV Sciences Introduction and Business Overview
7.7.3 CV Sciences Hemp Sales, Revenue and Gross Margin (2019-2024)
7.7.4 CV Sciences Hemp Product Offerings
7.7.5 CV Sciences Recent Development
7.8 Isodiol
7.8.1 Isodiol Company Information
7.8.2 Isodiol Introduction and Business Overview
7.8.3 Isodiol Hemp Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Isodiol Hemp Product Offerings
7.8.5 Isodiol Recent Development
7.9 ENDOCA
7.9.1 ENDOCA Company Information
7.9.2 ENDOCA Introduction and Business Overview
7.9.3 ENDOCA Hemp Sales, Revenue and Gross Margin (2019-2024)
7.9.4 ENDOCA Hemp Product Offerings
7.9.5 ENDOCA Recent Development
7.10 Jinzhou Qiaopai Biotech
7.10.1 Jinzhou Qiaopai Biotech Company Information
7.10.2 Jinzhou Qiaopai Biotech Introduction and Business Overview
7.10.3 Jinzhou Qiaopai Biotech Hemp Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Jinzhou Qiaopai Biotech Hemp Product Offerings
7.10.5 Jinzhou Qiaopai Biotech Recent Development
7.11 North American Hemp & Grain Co
7.11.1 North American Hemp & Grain Co Company Information
7.11.2 North American Hemp & Grain Co Introduction and Business Overview
7.11.3 North American Hemp & Grain Co Hemp Sales, Revenue and Gross Margin (2019-2024)
7.11.4 North American Hemp & Grain Co Hemp Product Offerings
7.11.5 North American Hemp & Grain Co Recent Development
7.12 Yunnan Industrial Hemp
7.12.1 Yunnan Industrial Hemp Company Information
7.12.2 Yunnan Industrial Hemp Introduction and Business Overview
7.12.3 Yunnan Industrial Hemp Hemp Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Yunnan Industrial Hemp Hemp Product Offerings
7.12.5 Yunnan Industrial Hemp Recent Development
7.13 GFR Ingredients Inc
7.13.1 GFR Ingredients Inc Company Information
7.13.2 GFR Ingredients Inc Introduction and Business Overview
7.13.3 GFR Ingredients Inc Hemp Sales, Revenue and Gross Margin (2019-2024)
7.13.4 GFR Ingredients Inc Hemp Product Offerings
7.13.5 GFR Ingredients Inc Recent Development
7.14 Hempco
7.14.1 Hempco Company Information
7.14.2 Hempco Introduction and Business Overview
7.14.3 Hempco Hemp Sales, Revenue and Gross Margin (2019-2024)
7.14.4 Hempco Hemp Product Offerings
7.14.5 Hempco Recent Development
7.15 Yishutang
7.15.1 Yishutang Company Information
7.15.2 Yishutang Introduction and Business Overview
7.15.3 Yishutang Hemp Sales, Revenue and Gross Margin (2019-2024)
7.15.4 Yishutang Hemp Product Offerings
7.15.5 Yishutang Recent Development
7.16 Naturally Splendid
7.16.1 Naturally Splendid Company Information
7.16.2 Naturally Splendid Introduction and Business Overview
7.16.3 Naturally Splendid Hemp Sales, Revenue and Gross Margin (2019-2024)
7.16.4 Naturally Splendid Hemp Product Offerings
7.16.5 Naturally Splendid Recent Development
7.17 BAFA neu GmbH
7.17.1 BAFA neu GmbH Company Information
7.17.2 BAFA neu GmbH Introduction and Business Overview
7.17.3 BAFA neu GmbH Hemp Sales, Revenue and Gross Margin (2019-2024)
7.17.4 BAFA neu GmbH Hemp Product Offerings
7.17.5 BAFA neu GmbH Recent Development
7.18 Aos Products
7.18.1 Aos Products Company Information
7.18.2 Aos Products Introduction and Business Overview
7.18.3 Aos Products Hemp Sales, Revenue and Gross Margin (2019-2024)
7.18.4 Aos Products Hemp Product Offerings
7.18.5 Aos Products Recent Development
7.19 Suyash Herbs
7.19.1 Suyash Herbs Company Information
7.19.2 Suyash Herbs Introduction and Business Overview
7.19.3 Suyash Herbs Hemp Sales, Revenue and Gross Margin (2019-2024)
7.19.4 Suyash Herbs Hemp Product Offerings
7.19.5 Suyash Herbs Recent Development
8 Industry Chain Analysis
8.1 Hemp Industrial Chain
8.2 Hemp Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Hemp Sales Model
8.5.2 Sales Channel
8.5.3 Hemp Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
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
听
听
*If Applicable.