Press release
Hemp Tea Market Rapidly Increasing Worldwide CAGR of 22.1% by 2031
The global hemp tea market size was valued at $56.2 million in 2021, and is estimated to reach $392.8 million by 2031, growing at a CAGR of 22.1% from 2022 to 2031.The growing popularity of hemp tea owing to various benefits that helps in relieving anxiety improves sleep quality, and can ease chronic pain is estimated to boost hemp tea popularity. Hemp tea also helps in relieving nausea and offers relief from muscle cramps. Hemp tea can treat Epilepsy and medical marijuana helps in preventing seizures. These factors are anticipated to contribute to the hemp tea market adoption in the upcoming years.
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The various parts of hemp plants, such as the stems, leaves, flowers, and buds, are used to make hemp tea which is, an energetic herbal beverage. Tetrahydrocan-nabinol is not naturally produced by the can-nabis species known as hemp, but it does include Can-nabidiol, particularly when those compounds are manufactured from hemp flowers.
Hemp tea offers a range of benefits owing to its anti-inflammatory, anti-stress, anti-anxiety, and anti-depressive properties, which is why it is growing in popularity. Owing to these benefits hemp tea has calming effects. For instance, its antioxidant capabilities help to lessen the negative effects that stress has on the body and mind. Hemp tea's rich nutrient composition, which includes antioxidant compounds, vitamins, and nutrients, enhances general health and boosts energy. Additionally, hemp tea infusions contain less than 0.3% due to which it does not have the psychoactive effects of can-nabis which is completely safe and legal. Hemp tea is known to alleviate high blood pressure as extracts reduced inflammation thereby preventing damage to the arteries. These benefits are anticipated to boost the hemp tea market demand in the upcoming years.
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The key players profiled in the hemp tea market report include ItsHemp, Willie's Remedy, Clipper Teas, Buddha Teas, Traditional Medicinals, The Tea Can Company, Can-nabiniers, Colorado Harvest Company, Charlotte's Web, and Green Roads
The report offers a comprehensive analysis of the global hemp tea market trends by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working towards the growth of the market. The report also sheds light on the present scenario and upcoming trends & developments that are contributing to the hemp tea market growth. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with Porter's five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and the emergence of substitutes in the market.
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