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Global Hemp Market to Witness a Pronounce Growth During 2024– Top Key players like Aphria,Nutiva,Agropro,Inc.
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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 average price of Hemp is in the increasing trend, from 16.13 USD/Unit in 2013 to 19.75 USD/Unit in 2017. With the situation of global economy, prices will be in increasing trend in the following five years.
The classification of Hemp includes Hemp Seeds, Hemp Oil, Hemp Protein, Soft Gel Caps and Other, and the proportion of hemp seeds and hemp oil is in the similar level in 2017, the exact number is 34.21%, 34.98%, respectively.
Hemp is widely used in Supermarkets, Convenience Stores and Others. The most proportion of Hemp is supermarkets, and the proportion in 2017 is about 48%.
The global Hemp market is valued at 990 million US$ in 2018 is expected to reach 4260 million US$ by the end of 2025, growing at a CAGR of 23.1% during 2019-2025.
Market Segment by Manufacturers, this report covers
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
Market Segment by Type, covers
Hemp Seeds
Hemp Oil
Hemp Protein
Soft Gel Caps
Market Segment by Applications, can be divided into
Supermarkets
Convenience Stores
Others
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Related Information:
North America Hemp Market Growth 2019-2024
United States Hemp Market Growth 2019-2024
Asia-Pacific Hemp Market Growth 2019-2024
Europe Hemp Market Growth 2019-2024
EMEA Hemp Market Growth 2019-2024
Global Hemp Market Growth 2019-2024
China Hemp Market Growth 2019-2024
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