Hemp Extracts Market Booms with Increased Use in Pharmaceuticals, Nutraceuticals, Cosmetics, and Functional Foods | 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.

The Hemp Extracts Market is gaining momentum due to increasing awareness of cannab!diol health benefits. Extracts are used in pharmaceuticals, nutraceuticals, cosmetics, and food products. Legalization of hemp cultivation in several countries has boosted production and investment. Consumers seek natural solutions for pain, anxiety, and sleep disorders, driving demand. Manufacturers focus on purity, potency, and full-spectrum formulations to ensure efficacy. The market's future lies in regulatory clarity and clinical validation of hemp-derived compounds.

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☛ Hemp Extracts Market Recent Developments 2025:

United States:

✅ In July 2025, Charlotte's Web launched full-spectrum hemp oil supplements targeting stress and sleep support.

✅ In June 2025, CV Sciences expanded its hemp extract portfolio with water-soluble formulations for better absorption.

Japan:

✅ In August 2025, Kanahei Corp. initiated development of hemp-based functional foods with CB.D derivatives.

✅ In May 2025, Hemp Innovation Japan partnered with nutraceutical brands to promote hemp extracts in dietary supplements.

☛ Hemp Extracts Market Trends:

Hemp extracts, including CB D oils and concentrates, are used for wellness, therapeutic, and personal care applications. Market growth is fueled by legalization, consumer awareness, and functional product demand.

Trends include nanoemulsion formulations, flavored products, and combined nutraceuticals. North America dominates, while Europe and Asia-Pacific are growing markets. Regulatory uncertainty and quality consistency are challenges.

☛ Hemp Extracts Market Competitve Landscape:

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.

Research Methodology

We follow a hybrid research approach, combining qualitative insights with rigorous quantitative analysis to deliver reliable and comprehensive market intelligence. Our process begins with extensive secondary research, drawing on trusted industry reports, proprietary databases, and credible market sources. This is then reinforced through targeted primary research, including structured surveys and in-depth interviews with industry leaders, subject matter experts, and key market participants.

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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☛ This Report Includes:

✔ Comprehensive go-to-market strategies with actionable insights.

✔ Unbiased evaluation of overall market performance.

✔ Deep-dive analysis into development trends, competitive landscape, supply-demand dynamics, YoY growth, benchmarking, vendor mapping, market access, and overall progress.

✔ Tailored regional and country-level reports with detailed localized analysis available on request.

✔ Identification of niche segments and high-growth regions presenting strong opportunities.

✔ Accurate regional forecasts using both top-down and bottom-up approaches.

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☛ Regional Analysis for Hemp Extracts Market:

⇥ 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)

☛ FAQ's

Q1: What is the current size of the Hemp Extracts Market and its future potential?

A: Hemp Extracts market reached US$ 3.81 billion in 2024 and is expected to reach US$ 6.75 billion by 2032.

Q2: How fast is the Hemp Extracts Market expected to grow in the coming years?

A: The market is forecast to expand at a robust CAGR of 7.41% between 2025 and 2032, signaling strong global growth and investment potential.

Q3: Which regions are dominating the Hemp Extracts Market and which are fastest-growing?

A: North America dominating the Hemp Extracts Market.

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