Press release
Industrial Hemp Market With Geographic Segmentation, Statistical Forecast And Competitive Analysis Report To 2023
The Global Industrial Hemp Market was estimated at USD 4.43 billion in 2021 and is projected to reach USD 15.69 billion by 2028, growing at a CAGR of 19.8%.
Industrial hemp is a robust and fragrant annual herb cultivated for its high-quality fiber and edible seeds. It is known for its durability and longevity, making it a popular choice for manufacturing cordage such as twine, rope, yarn, cable, string, and artificial sponges. Industrial hemp is utilized in the production of a wide range of goods, including insulation materials, building materials, paper, textiles, fiberglass, nutraceuticals, personal care products, bioplastics, and biofuels. Industrial hemp serves as a renewable and environmentally-friendly source of raw material for the production of various products, including plastic, paper, and fuel.
Acquire PDF Sample Report + All Related thorough TOC, Graphs and Tables of Global Market Now:
https://introspectivemarketresearch.com/request/16299
Key Players For The Industrial Hemp Market:
• Parkland Industrial Hemp Growers Cooperative Ltd. (Canada)
• Botanical Genetics LLC (US)
• Marijuana Company of America Inc. (US)
• HempMedsBrasil (US)
• Terra Tech Corp. (USA)
• Industrial Hemp Manufacturing LLC (Amsterdam)
• American Hemp (USA)
• Hemp Inc. (US)
• Boring Hemp Company (Oregon)
• Plains Industrial Hemp Processing Ltd. (Canada)
• Ecofiber Industries Operations (Australia)
• Valley Bio Ltd. (Canada) and other major players.
Market Dynamics:
The industrial hemp market is experiencing significant growth driven by its diverse applications and product versatility. Hemp is a versatile crop that can be used in various industries, including textiles, paper, construction, biofuels, food and beverages, and personal care products. Hemp-based building materials, such as hempcrete, provide insulation and contribute to sustainable construction practices. Hemp seeds and oil are utilized in the food and beverage industry due to their nutritional value and potential health benefits. Furthermore, hemp-derived ingredients, such as gaining popularity in the personal care and cosmetics sector. The diverse applications and product versatility of industrial hemp drive its market growth, appealing to industries and consumers seeking sustainable and innovative solutions.
Opportunities:
International trade and export opportunities in the industrial hemp market are rapidly expanding as more countries legalize hemp cultivation and embrace its versatile applications. Harmonization of regulations and standards, along with the establishment of trade agreements, facilitates smoother cross-border trade. Value-added processing and the production of finished hemp products enhance competitiveness and allow for higher profit margins. As the industrial hemp market continues to evolve, international trade presents a gateway to unlocking its full potential and establishing a thriving global hemp industry.
Read More This Research Report: -
https://introspectivemarketresearch.com/reports/industrial-hemp-market/
The Report Will Contains A Crucial Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis
• SWOT Analysis
Market Segmentation
By Product Type
• Seeds
• Fiber
By Source
• Organic
• Conventional
By Application
• Animal care
• Textile
• Foods & Beverages
• Pharmaceuticals
• Personal care
Regional Analysis Of Industrial Hemp Market
The European region is dominating in the Industrial Hemp Market owing to the increasing demand for hemp-based products, rising awareness regarding health benefits and changing government policies in the region. The strength to weight ratio, flexural strength, and high tensile strength of industrial hemp offer varied benefits and application in bio-composites for automotive parts, aerospace, fibreboard, and packaging in the European market. Furthermore, the product demand from the paper, building materials markets, and textile is growing on account of its favourable aesthetic and acoustic properties is driving the market growth of industrial hemp in this region. The rising demand for eco-friendly products in construction materials, fiberglass alternatives, thermal insulation, and automotive products is expected to promote market growth. The growing demand for technical products, such as varnishes, oil paints, fuel, solvents, chain-saw lubricants, printing inks, putty, and coatings, is expected to have a positive impact on the market growth.
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
Inquire Before Purchase: -
https://introspectivemarketresearch.com/inquiry/16299
Key Industry Development In The Industrial Hemp Market
In December, 2021, Marijuana Company of America Inc. Acquires VBF Brands, Inc. Expanding Footprint in California's Growing Market. Based on this activity since the acquisition was consummated in Q3 2021, MCOA expects that the following transaction will continue to be highly accretive to the Company's EBITDA expectations for 2022 and will also work towards increasing production at a nearby Salinas based facility that also offers exponential growth opportunities with other nearby land and facilities.
In May, 2019, GenCanna and Atalo Holdings (US) have entered into a new strategic partnership for building a vertically integrated hemp processing and distribution facility in Kentucky, US. This strategic partnership is estimated to boost the industrial hemp industry and attract more population for the overall development.
Table Of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Product Type
3.2 By Application
3.3 By Source
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Industrial Hemp Market by Product Type
5.1 Industrial Hemp Market Overview Snapshot and Growth Engine
5.2 Industrial Hemp Market Overview
5.3 Seeds
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Seeds: Geographic Segmentation
Chapter 6: Industrial Hemp Market by Application
Chapter 7: Industrial Hemp Market by Source
Chapter 8: Company Profiles and Competitive Analysis
Chapter 9: Global Industrial Hemp Market Analysis, Insights and Forecast, 2016-2028
Chapter 10: North America Industrial Hemp Market Analysis, Insights and Forecast, 2016-2028
Continue.
Buy the Latest Version of this Report @
https://introspectivemarketresearch.com/checkout/?user=1&_sid=16299
Read More Related Report: -
https://introspectivemarketresearch.com/reports/minor-surgical-lights-market/
https://introspectivemarketresearch.com/reports/surgical-broaches-market/
https://introspectivemarketresearch.com/reports/clean-meat-market/
Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1 773 382 1049
About Us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industrial Hemp Market With Geographic Segmentation, Statistical Forecast And Competitive Analysis Report To 2023 here
News-ID: 3078975 • Views: …
More Releases from Introspective Market Research
Vegan Food Market Growing at 9.9% CAGR to Hit $ 37,332.36 Million by 2030 |Growt …
Market Synopsis:
The anticipated growth of the Vegan Food Market is projected to witness a substantial increase, escalating from USD 17,543.00 Million in 2022 to an estimated USD 37,332.36 Million by 2030. This growth is forecasted to occur at a remarkable Compound Annual Growth Rate (CAGR) of 9.9% throughout the forecast period spanning from 2023 to 2030.
Vegan cuisine includes foods that are free from animal-derived products, such as meat, dairy, eggs,…
Automotive Armrest Market By Type, By Material, By Sales Channel, By Region- Glo …
The Global Automotive Armrest Market size is expected to grow from USD 2.01 Billion in 2022 to USD 2.17 Billion by 2030, at a CAGR of 0.98% during the forecast period (2023-2030).
Automotive Armrest are a feature of automobiles that enable drivers to rest their hands or store important items so that they can be easily accessed when driving. Space, a cup holder, and control of certain non-essential vehicle functions are…
Coffee Whitener Market size to increase by USD 27.98 Bn | Driven by growing prom …
Market Overview:
The global coffee whitener market is estimated to be worth USD 18.1 billion in 2022 and is projected to reach USD 27.98 billion by 2030, growing at a CAGR of 5.6% from 2023 to 2030.
Coffee whitener, available in liquid or granular form, serves as a milk substitute when added to coffee. Termed also as coffee creamer, its popularity is set to surge due to the growing vegan movement,…
US Smart Cities Industry Development, Key Manufacturers and Forecast Report 2023 …
Market Overview:
The US Smart Cities Market is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.
The US Smart Cities Market is a dynamic and rapidly evolving landscape focused on transforming urban areas through the integration of innovative technologies and data-driven solutions. Smart cities leverage digital infrastructure, IoT devices, data analytics, and connectivity to enhance the quality of life, sustainability,…
More Releases for Hemp
Hemp Juice Market Complete Survey 2021-2028: Hemp CBD Ltd., Sana Hemp Juice, Kam …
Hemp juice is basically obtained from the upper part as well as the leaves of a hemp plant. To extract this juice, most of the juice manufacturers utilized low-speed juicers. The hemp juice usually contains high Calcium, Phosphorus, Magnesium, Selenium, Vitamin E, Zinc, Iron, and Vitamin A. In addition to that, this juice further reduces the risk of many diseases and promotes health. Many individuals mostly preferred hemp juice owing…
Global Industrial Hemp Market Growing Popularity and Emerging - Industrial Hemp …
The “Industrial Hemp Market by Product (Seeds, Fiber, and Shivs) and by Application (Animal Care, Textiles, Automotive, Furniture, Food & Beverages, Paper, Construction Materials, Personal Care, and Others): Global Industry Perspective, Comprehensive Analysis,” A fundamental outline of the Industrial Hemp niche is presented by the Industrial Hemp report that entails definitions, classifications, applications together with industry chain framework. The Industrial Hemp report provides a far-reaching evaluation of necessary market dynamics…
Global Hemp Juice Market 2020 Future Trends - Blue Moon Hemp, Cloud 9 Hemp, HANO …
The “Hemp Juice Market by Nature (Organic and Conventional), by Form (Powder and Liquid), by End-Use (Household and Commercial), and by Distribution Channel (Direct Sales and Indirect Sales): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2” A fundamental outline of the Hemp Juice niche is presented by the Hemp Juice report that entails definitions, classifications, applications together with industry chain framework. The Hemp Juice report provides a far-reaching evaluation of…
Hemp Juice Market 2020 Top Companies- Sana Hemp Juice, Cloud 9 Hemp, Blue Moon H …
Hemp Juice Market
Hemp juice is extracted from the leaves and upper part of the hemp plant. Majority of the hemp juice manufacturers are using specialized low-speed juicers to extract the juice. Due to increasing stress and speed of modern life, our body strives for energy and revitalization. Intake of hemp juice leads to revitalization & rejuvenation of the body parts and restores as well as regenerates the healthy lifestyle among…
Hemp-based Foods Market Future Outlook : Manitoba Harvest Hemp Oil Canada, Braha …
For in depth understanding of market and competitive landscape, this Hemp-based Foods Market research report serves a lot of parameters and detailed data about industry. The Hemp-based Foods Market report offers you steadfast knowledge and information of revolutionizing market landscape, what already exists in the Hemp-based Foods Market, future trends or what the market expects, the competitive environment, and strategies to plan to outshine the competitors. This information and…
Hemp Market: Hemp Production Services, Manitoba Harvest Hemp Foods, All American …
A new market research report on the Global Hemp market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global Hemp market. The Global Hemp analysis is broken down on different segmentation levels including Market By Product Type, By End Use, By Nature.
The Global Hemp Market accounted for USD XX.X Million in 2018. Further, the market is expected to reach to a…
