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Industrial Hemp Market - Know the Prominent Factors That Will Help in Reshaping the Market Growth | Hempco, Ecofibre, Hemp Inc, Gencanna, Agropro

03-20-2023 07:30 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Industrial Hemp Market

Industrial Hemp Market

Industrial hemp is a low-cost, fast-growing plant that is also environmentally benign. It is also one of the world's most versatile and long-lasting crops.

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The market is being driven by an increase in demand for industrial hemp from businesses such as food and beverage, personal care, and animal care all around the world. Consumer awareness of the benefits of industrial hemp is expected to grow, as is legalization of industrial hemp cultivation in many countries.

Industrial hemp is also being used in a variety of industries, including textiles, pharmaceuticals, food, beverage, personal care, construction & material, furniture, and paper.

Read More Report of Industrial Hemp Market : https://www.globalinsightservices.com/reports/industrial-hemp-market/

The rising consumption of hemp-based products due to its different health advantages and higher occurrences of ailments such as epilepsy and other sleep disorders are contributing to the market's growth.

The complex legal system for the use of industrial hemp in many nations, on the other hand, is projected to stifle the product's market expansion.

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Segmentation:

By Type

Hemp seed
Hemp seed oil
Hemp fiber
By Application

Food
Snacks & cereals
Soup, sauces, and seasonings
Bakery
Diary & frozen desserts
Others (cold cereals, pasta, chocolate spreads, and pet food)
Beverages
Hot beverages
Sports & energy drinks
Ready to drink
Others (meal replacement drinks, beverage mixes, beverage concentrates, and juice drinks)
Personal care products
Textiles
Pharmaceuticals

By Source

Conventional
Organic

For In-Depth Competitive Analysis, Purchase this Report -https://www.globalinsightservices.com/checkout/single_user/GIS10042

Key Players:

Hempco
Ecofibre
Hemp Inc
Gencanna
Agropro
Manitoba Harvest Hemp Foods
Hempro International
Green Source Organics

New Report Published by Global Insight Services: https://www.globalinsightservices.com/reports/hydrogen-projects-database/
Hemp Foods Australia

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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