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Market Insights Repo Hemp Oil Market Research, Growth Opportunities, Key Players, Outlook and Forecasts Report 2021-2027rts

12-04-2021 01:36 PM CET | Health & Medicine

Press release from: Market Insights Reports

The Hemp Oil Market research report discusses the key drivers influencing global growth, opportunities, current challenges and the risks faced by key players and the market as a whole Hemp Oil Market competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch.

Hemp Oil Market is envisaged to record an expansion at the CAGR of 17% over the forecast period, 2021 – 2027

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Market Overview

Globally, the COVID-19 pademic 2020, has caused unprecedented lockdowns, collapsing daily operations and changing consumer behaviors in nearly every industry. As the response to COVID-19 ramps up, retail stores have shut down. The market started experiencing a shortage in supply due to the nationwide shutdown of transportation and manufacturing in major raw material manufacturing countries such as India. In addition, due to supply chain disruptions in the United States, the supply of other raw materials has been limited, which is disrupting the manufacturing, and in turn, the supply chain of consumer health products. Furthermore, research and development in plant-based medications for COVID-19 induced stress, anxiety and depression also boosting the market growth. For instance, in December 2020, the University of Texas at Austin in collaboration with Way West Hemp Inc. and SunFlora.Inc is conducting a phase II/III clinical trial to assess the efficacy of isolate and full-spectrum oil in reducing COVID-19 induced stress, anxiety, depression, anger and sleep disturbance. The trial expected to complete in December 2021.

The major players covered in the Hemp Oil Market:

Cannavest, Pharmahemp, ENDOCA, BAFA Gmbh, Protect Pharma Rakitovica, Biobloom Hemp, Deep Nature Project, Harmony, Dragonfl, MH medical hemp GmbH, Celtic Wind, Elixinol, HemPoland, Opencrop GmbH

Hemp Oil Breakdown Data by Type

Food Grade

Pharmaceutical Grade

Hemp Oil Breakdown Data by Application

Nutraceutical
Food
Cosmetics
Medical
Others

Report link:

https://www.marketintelligencedata.com/reports/376018/global--hemp-oil-market-growth-2021-2026?mode=ich_nk

North America Dominates the Market and Expected to do Same in the Forecast Period

Some of the factors which are driving the market growth in North America region include increasing expenditure on health care, high incidences of psychological disorders and rising awareness about treating sleep disorder and depression among patients and presence of key market players in these region. Also, factors such as legalization of marijuana in many countries of the United States and rising awareness of the benefits of oil, the North America region is expected to witness the largest share. The COVID-19 pandemic has been plaguing the world for months now. Researchers from all over the world are looking for effective treatments against the novel coronavirus. A team of researchers from Canada has found that extracts from may help fight the coronavirus. For instance, researchers at the University of Lethbridge are advancing to clinical trials after study results revealed that certain strains might help prevent COVID-19 patients from experiencing acute respiratory distress (ARDS).

Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the research and analysis study of theHemp Oil Market presented in the report. For the historical and forecast period 2016 to 2027, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.

The report offers an in-depth assessment of the growth and other aspects of the Hemp Oil Market in important countries (regions), including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa) and ROW.

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Table of Contents:

Global Hemp Oil Market Research Report 2021

Chapter 1 - Market Overview

Chapter 2 - Industry's Global Economic Impact

Chapter 3 - Manufacturers' Global Market Competition

Chapter 4 - Revenue (Value) by Region for Global Productions

Chapter 5 - By Regions: Global Provisions (Production), Consumption, Export, and Import

Chapter 6 - Productions in the World, Revenue (Value), and Price Trends by Type

Chapter 7- Global Market Analysis by Application

Chapter 8 - Manufacturing Cost Analysis

Chapter 9 - Industrial Chain, Sourcing plan and Downstream Buyers

Chapter 10 - Marketing Strategy Analysis, Distributors/Traders

Chapter 11- Market Effect Factors Analysis

Chapter 12- Global Hemp Oil Market Forecast

Impact of Covid-19:

The COVID-19 pandemic had a minor impact on the Hemp Oil Market's growth. The emergence of COVID-19 has caused a substantial setback to export-oriented economies in the region, owing to the temporary shutdown of manufacturing enterprises. For example, Germany's automotive industry has been seriously harmed because the majority of the country's automobile commerce is with China and Italy. Aside from concerns with exports and imports, the growth of Germany's manufacturing industry has been limited by the closure of production sites and a slowdown in operations to combat COVID-19's spread.

Customization:

The Global Hemp Oil Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.

About Us:

Market intelligence data is a global leader in the research business, providing customers with contextual and data-driven research. The company assists customers in developing business plans and achieving long-term success in their particular markets. Consulting services, Market Intelligence Data research studies, and bespoke research reports are all offered by the industry.

Contact Us:

Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

Phone: +1 (704) 266-3234

Mail to: sales@marketintelligencedata.com

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