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Industrial Hemp Market Size (2025-2033) | Forecast with Key Players and Investment Analysis
Industrial Hemp Market Size
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Latest M & A
• Nexus Agriscience acquired the hemp division and IP portfolio of Biotech Institute, boosting its molecular farming platform and genetics capabilities for natural ingredients markets.
Key Players:
Ecofibre, Hemp Inc., Gencanna, Hempflax BV, Hemp Oil Canada, Canah International, Hemp Poland
Key Development:
January 2026
• Japan: Government approves new guidelines to expand hemp cultivation for sustainable textiles.
• USA: Launch of large-scale hemp bioplastics production facility in Midwest.
• Europe: EU commissions a new research initiative on hemp-based construction materials.
December 2025
• Japan: Major hemp processing company partners with local farmers to boost yield and quality.
• USA: New federal tax incentives introduced to support hemp farmers and processors.
• Europe: Expansion of hemp-derived CBBD products market with new regulatory clarity.
November 2025
• Japan: Pilot program initiated for hemp biofuel development in collaboration with energy firms.
• USA: California state passes legislation easing hemp product marketing restrictions.
• Europe: Leading hemp fiber exporter secures multi-year contract with automotive manufacturers.
Growth Forecast Projected:
The Global Industrial Hemp Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, 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 Industrial Hemp 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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Key Segments:
By Product Type: Hemp Seed (Hemp Seed Oil, Hemp Fiber, CBBD Hemp Oil, Others)
By Source: Organic, Conventional
By Application: Food (Snacks & cereals, Soup, sauces, and seasonings, Bakery, Dairy & frozen desserts, Others
By Beverages: Hot beverages, Sports & energy drinks, Ready to drink, Others), Personal care products, Textiles, Pharmaceuticals, Others
Regional Analysis for 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)
Benefits of the Report:
Chapter 1: Lays the foundation by defining the scope of the report, highlighting core market segments across regions, product types, and applications. It delivers a clear snapshot of current market size, growth potential, and how the industry is expected to evolve in both the near and long term.
Chapter 2: Spotlights the most impactful market insights, unveiling the transformative trends and forces shaping the future of the industry.
Chapter 3: Provides a deep dive into the competitive landscape of , covering revenue shares, strategic initiatives, and notable mergers & acquisitions that are reshaping the market.
Chapter 4: Presents detailed company profiles of leading players featuring financial performance, product portfolios, profit margins, and key milestones that set them apart in the industry.
Chapters 5 & 6: Break down revenue analysis at both regional and country levels, offering precise data on market size, growth drivers, and expansion opportunities across global markets.
Chapter 7: Analyzes the market by product type, spotlighting segment-specific opportunities and helping stakeholders identify untapped, high-growth areas.
Chapter 8 :Explores the market through application-based segmentation, assessing demand across industries and pinpointing downstream sectors with the strongest potential for growth.
Chapter 9: Maps the industry's supply chain in detail, tracing upstream and downstream activities to provide clarity on value creation across the ecosystem.
Chapter 10: Wraps up with a concise summary of the report's key insights distilling the most critical findings and strategic takeaways for decision-makers and stakeholders.
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FAQ
Q: How rapidly will the Market expand?
A: The Industrial Hemp market is projected to grow at a CAGR of 13.1% between 2024 and 2031.
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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