openPR Logo
Press release

Industrial Hemp Market Surges: Key Insights from Allied Market Research

06-26-2024 09:33 AM CET | Food & Beverage

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Discover the growth trajectory and diverse applications of the global industrial hemp market, driven by nutritional benefits and e

Discover the growth trajectory and diverse applications of the global industrial hemp market, driven by nutritional benefits and e

According to the report published by Allied Market Research, titled "Industrial Hemp Market by Type, Application, and Source: Opportunity Analysis and Industry Forecast, 2021-2027," the global industrial hemp market exhibited significant growth.

๐Ÿ“๐†๐ž๐ญ ๐…๐ฎ๐ฅ๐ฅ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐จ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ : https://www.alliedmarketresearch.com/request-sample/9049

๐„๐ฑ๐œ๐ข๐ญ๐ข๐ง๐  ๐Ž๐Ÿ๐Ÿ๐ž๐ซ ๐€๐ฅ๐ž๐ซ๐ญ! ๐Ÿš€ ๐†๐ž๐ญ ๐š ๐Œ๐š๐ฌ๐ฌ๐ข๐ฏ๐ž ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐˜๐จ๐ฎ๐ซ ๐๐ž๐ฑ๐ญ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž! ๐๐ฎ๐ฒ ๐ง๐จ๐ฐ ๐š๐ง๐ ๐ญ๐š๐ค๐ž ๐š๐๐ฏ๐š๐ง๐ญ๐š๐ ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ฅ๐ข๐ฆ๐ข๐ญ๐ž๐-๐ญ๐ข๐ฆ๐ž ๐จ๐Ÿ๐Ÿ๐ž๐ซ. ๐Ÿ›๏ธ

๐Ÿ“๐‡๐ž๐ซ๐ž ๐š๐ซ๐ž ๐ญ๐ก๐ž ๐ค๐ž๐ฒ ๐Ÿ๐ข๐ง๐๐ข๐ง๐ ๐ฌ:

- ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž: ๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ก๐ž๐ฆ๐ฉ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ $๐Ÿ’.๐Ÿ— ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ—.

- ๐๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก: ๐ˆ๐ญ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐š๐œ๐ก $๐Ÿ๐Ÿ–.๐Ÿ” ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•.

- ๐‚๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐€๐ง๐ง๐ฎ๐š๐ฅ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐‘๐š๐ญ๐ž (๐‚๐€๐†๐‘): ๐“๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐š๐ญ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ๐Ÿ.๐Ÿ’% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•.

โ–บ Nutritional Benefits: Industrial hemp, particularly hemp seeds, is rich in essential fatty acids, vitamins (B1, B2, B6, D, and E), and minerals (magnesium, calcium, and potassium), making it a valuable addition to diets, especially for vegans. Its protein content makes it a significant source of plant-based protein, adding value to health food markets.

โ–บ Diverse Applications: Hemp seeds serve as the foundation for a range of products, including hemp milk, oil, cheese substitutes, and protein powder, catering to evolving dietary preferences. Furthermore, hemp fibers are increasingly used in textiles due to their durability and sustainability, expanding into various industries beyond food and beverages.

The increasing legalization of hemp cultivation has spurred innovation across various industries, with producers and research institutions exploring new applications for industrial hemp. One such area of exploration is the development of hemp biodiesel and ethanol, offering eco-friendly alternatives to traditional fuels and addressing concerns about climate change and fossil fuel dependency. Additionally, the market segmentation into conventional and organic sources reflects consumer preferences for sustainably sourced products, indicating a growing demand for environmentally friendly options.

In terms of regional outlook, the industrial hemp market is geographically diverse, with key regions including North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa). Each region presents unique opportunities and challenges influenced by regulatory frameworks, consumer preferences, and economic conditions. As the world seeks sustainable solutions to environmental challenges, industrial hemp emerges as a promising ally due to its nutritional benefits and eco-friendly applications.

The hemp oil segment held the largest share of the global market in 2019 and is projected to maintain its dominance throughout the forecast period. This suggests sustained demand for hemp oil and its various applications, indicating continued growth and opportunities within the hemp oil market segment.

Overall, as the global demand for sustainable products grows and innovation within the industrial hemp industry continues, the future looks promising for industrial hemp's role in addressing global environmental concerns and meeting consumer needs for eco-friendly alternatives.

๐Ÿ“๐“๐š๐ฅ๐ค ๐ญ๐จ ๐จ๐ฎ๐ซ ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ : https://www.alliedmarketresearch.com/connect-to-analyst/A08684

The personal care products segment, particularly those incorporating industrial hemp-derived ingredients, witnessed substantial growth in 2019. This growth trajectory is anticipated to continue at a remarkable Compound Annual Growth Rate (CAGR) of 19.6% from 2021 to 2027. This trend underscores the increasing adoption of hemp-based ingredients in personal care formulations, driven by factors such as consumer preference for natural and sustainable products.

In terms of hemp sourcing, the conventional segment emerged as the dominant force in 2019 and is expected to maintain its stronghold over the forecast period. This suggests that traditional methods of hemp cultivation and production still hold significant sway in the market, despite the emergence of alternative methods such as organic and regenerative farming practices.

Overall, these trends indicate a promising outlook for the industrial hemp market, particularly in the personal care sector, with significant growth opportunities expected to unfold in the coming years, particularly in the Asia-Pacific region.

๐Ÿ“๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

- Hempco Food and Fiber, Inc.
- Ecofibre
- Hemp Inc.
- GenCanna
- HempFlax Group B.V.
- The Konoplex Group
- South Hemp
- Plains Industrial Hemp Processing Ltd.
- MH medical hemp
- Hempro International GmbH & Co. KG.

๐Ÿ“๐Œ๐š๐ค๐ž ๐š ๐ƒ๐ข๐ซ๐ž๐œ๐ญ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž : https://www.alliedmarketresearch.com/checkout-final/7c553c4581fc49abcfc0e9baf13dedb7

ยซยป ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐…๐จ๐จ๐ ๐š๐ง๐ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ

๐Ÿ“Egg Powder Market : https://www.alliedmarketresearch.com/egg-powder-market-A11036

๐Ÿ“Nutritional Food and Drink Market : https://www.alliedmarketresearch.com/nutritional-food-and-drink-market

๐Ÿ“Gluten-free flour Market : https://www.alliedmarketresearch.com/gluten-free-flour-market

๐Ÿ“Food away from home market : https://www.alliedmarketresearch.com/food-away-from-home-market-A31829

๐Ÿ“Energy Bar Market : https://www.alliedmarketresearch.com/energy-bar-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (toll-free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com/reports-store/food-and-beverages
Follow Us on Blog: https://www.dailyreportsworld.com/

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view of providing business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We have professional corporate relations with various companies and this helps us dig out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every piece of data presented in the reports published by us is extracted through primary interviews with top officials from leading companies in domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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 Surges: Key Insights from Allied Market Research here

News-ID: 3554060 • Views: โ€ฆ

More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices. Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529 What Are Urinary Drainage Bags? Urinary drainage bags are specialized medical devices designed to collectโ€ฆ
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031. The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growthโ€ฆ
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Billion by 2030; Growing at a CAGR of 17.2%
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil โ€ฆ
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario. Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strictโ€ฆ
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of 5.6%
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of โ€ฆ
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise inโ€ฆ

All 5 Releases


More Releases for Hemp

Hemp Juice Market Complete Survey 2021-2028: Hemp CBD Ltd., Sana Hemp Juice, Kam โ€ฆ
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 owingโ€ฆ
Global Industrial Hemp Market Growing Popularity and Emerging - Industrial Hemp โ€ฆ
The โ€œIndustrial 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,โ€ 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 dynamicsโ€ฆ
Global Hemp Juice Market 2020 Future Trends - Blue Moon Hemp, Cloud 9 Hemp, HANO โ€ฆ
The โ€œHemp 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, 2โ€ 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 ofโ€ฆ
Hemp Juice Market 2020 Top Companies- Sana Hemp Juice, Cloud 9 Hemp, Blue Moon H โ€ฆ
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 amongโ€ฆ
Hemp-based Foods Market Future Outlook : Manitoba Harvest Hemp Oil Canada, Braha โ€ฆ
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 andโ€ฆ
Hemp Market: Hemp Production Services, Manitoba Harvest Hemp Foods, All American โ€ฆ
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 aโ€ฆ