Hemp Extracts Market Outlook 2025-2032: Revenue to Surge from $3.81B to $6.75B | Most Leading Companies - Cannavedic Private Limited, GVB Biopharma, Superior Supplement Manufacturing

Global Hemp Extracts market reached US$ 3.81 billion in 2024 and is expected to reach US$ 6.75 billion by 2032, growing with a CAGR of 7.41% during the forecast period 2025-2032.

Hemp Extracts Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Hemp extracts are concentrated oils derived from the stalks, flowers, or leaves of the hemp plant, rich in beneficial compounds like terpenes, and flavonoids, and are widely used in health supplements, cosmetics, and food products due to their wellness benefits without psychoactive effects.

List of the Key Players in the Hemp Extracts Market:

Cannavedic Private Limited, GVB Biopharma, Superior Supplement Manufacturing, Qurist, Hemp Health Private Limited, Cannarma, Beyond Botanicals LLC, Phasex Corporation, Treadwell Farms, Hempstrol, Arvanna LLC and among others.

Industry Development:

In June 2024, DSM-Firmenich introduced CBtru, a drug intermediate designed to enhance oral formulations like tablets and chewables by improving drug loading and bioavailability, making them more convenient and user-friendly for patients.

Growth Forecast Projected:

The Global Hemp Extracts Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Hemp Extracts Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Hemp Extracts Market:

By Type: Full-spectrum, Broad-spectrue

By Source: Flowers, Leaves, Stalks

By Extraction Method: CO2 Extraction, Solvent-Based Extraction, Steam Distillation, Cold-Press Extraction

By Distribution Channel: Supermarkets/Hypermarkets, Specialty Stores, Pharmacies, Online Retail

By Application: Food & Beverages, Pharmaceuticals, Personal Care & Cosmetics, Nutraceuticals, Animal Care, Others

Regional Analysis for Hemp Extracts Market:

The regional analysis of the Hemp Extracts Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Hemp Extracts market?

➠ Who are the leading manufacturers in the global Hemp Extracts industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Hemp Extracts industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Hemp Extracts market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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