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Synopsis
Hemp, or industrial hemp, typically found in the northern hemisphere, is a variety of the Cannabis sativa plant species that is grown specifically for the industrial uses of its derived products. It is one of the fastest growing plants and was one of the first plants to be spun into usable fiber 10,000 years ago.
The global Hemp market was valued at US$ 1674 million in 2023 and is anticipated to reach US$ 6797.7 million by 2030, witnessing a CAGR of 21.9% during the forecast period 2024-2030.
The main Hemp players include Manitoba Harvest, Isodiol, Canopy Growth Corporation, CW Botanicals, Aphria, etc. The top five Hemp players account for approximately 40% of the total global market. North America is the largest consumer market for Hemp accounting for about 35%, followed by China and Europe. In terms of Type, Hemp Oil is the largest segment, with a share about 37%. And in terms of Applications, the largest segment is Supermarkets, followed by Convenience Stores.
This report aims to provide a comprehensive presentation of the global market for Hemp, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hemp.
Report Scope
The Hemp market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Hemp market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Hemp manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Manitoba Harvest
CW Hemp/CW Botanicals
Aphria
Canopy Growth Corporation
Nutiva
Agropro
CV Sciences
Isodiol
ENDOCA
Jinzhou Qiaopai Biotech
North American Hemp & Grain Co
Yunnan Industrial Hemp
GFR Ingredients Inc
Hempco
Yishutang
Naturally Splendid
BAFA neu GmbH
Aos Products
Suyash Herbs
Segment by Type
Hemp Seeds
Hemp Oil
Hemp Protein
Soft Gel Caps
Others
Segment by Application
Supermarkets
Convenience Stores
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Hemp manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Hemp in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Hemp, or industrial hemp, typically found in the northern hemisphere, is a variety of the Cannabis sativa plant species that is grown specifically for the industrial uses of its derived products. It is one of the fastest growing plants and was one of the first plants to be spun into usable fiber 10,000 years ago.
The global Hemp market was valued at US$ 1674 million in 2023 and is anticipated to reach US$ 6797.7 million by 2030, witnessing a CAGR of 21.9% during the forecast period 2024-2030.
The main Hemp players include Manitoba Harvest, Isodiol, Canopy Growth Corporation, CW Botanicals, Aphria, etc. The top five Hemp players account for approximately 40% of the total global market. North America is the largest consumer market for Hemp accounting for about 35%, followed by China and Europe. In terms of Type, Hemp Oil is the largest segment, with a share about 37%. And in terms of Applications, the largest segment is Supermarkets, followed by Convenience Stores.
This report aims to provide a comprehensive presentation of the global market for Hemp, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hemp.
Report Scope
The Hemp market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Hemp market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Hemp manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Manitoba Harvest
CW Hemp/CW Botanicals
Aphria
Canopy Growth Corporation
Nutiva
Agropro
CV Sciences
Isodiol
ENDOCA
Jinzhou Qiaopai Biotech
North American Hemp & Grain Co
Yunnan Industrial Hemp
GFR Ingredients Inc
Hempco
Yishutang
Naturally Splendid
BAFA neu GmbH
Aos Products
Suyash Herbs
Segment by Type
Hemp Seeds
Hemp Oil
Hemp Protein
Soft Gel Caps
Others
Segment by Application
Supermarkets
Convenience Stores
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Hemp manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Hemp in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index1 Hemp Market Overview
1.1 Product Overview and Scope of Hemp
1.2 Hemp Segment by Type
1.2.1 Global Hemp Market Value Comparison by Type (2024-2030)
1.2.2 Hemp Seeds
1.2.3 Hemp Oil
1.2.4 Hemp Protein
1.2.5 Soft Gel Caps
1.2.6 Others
1.3 Hemp Segment by Application
1.3.1 Global Hemp Market Value by Application: (2024-2030)
1.3.2 Supermarkets
1.3.3 Convenience Stores
1.3.4 Others
1.4 Global Hemp Market Size Estimates and Forecasts
1.4.1 Global Hemp Revenue 2019-2030
1.4.2 Global Hemp Sales 2019-2030
1.4.3 Global Hemp Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Hemp Market Competition by Manufacturers
2.1 Global Hemp Sales Market Share by Manufacturers (2019-2024)
2.2 Global Hemp Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Hemp Average Price by Manufacturers (2019-2024)
2.4 Global Hemp Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Hemp, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Hemp, Product Type & Application
2.7 Hemp Market Competitive Situation and Trends
2.7.1 Hemp Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Hemp Players Market Share by Revenue
2.7.3 Global Hemp Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Hemp Retrospective Market Scenario by Region
3.1 Global Hemp Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Hemp Global Hemp Sales by Region: 2019-2030
3.2.1 Global Hemp Sales by Region: 2019-2024
3.2.2 Global Hemp Sales by Region: 2025-2030
3.3 Global Hemp Global Hemp Revenue by Region: 2019-2030
3.3.1 Global Hemp Revenue by Region: 2019-2024
3.3.2 Global Hemp Revenue by Region: 2025-2030
3.4 North America Hemp Market Facts & Figures by Country
3.4.1 North America Hemp Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Hemp Sales by Country (2019-2030)
3.4.3 North America Hemp Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Hemp Market Facts & Figures by Country
3.5.1 Europe Hemp Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Hemp Sales by Country (2019-2030)
3.5.3 Europe Hemp Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Hemp Market Facts & Figures by Country
3.6.1 Asia Pacific Hemp Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Hemp Sales by Country (2019-2030)
3.6.3 Asia Pacific Hemp Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.7 Latin America Hemp Market Facts & Figures by Country
3.7.1 Latin America Hemp Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Hemp Sales by Country (2019-2030)
3.7.3 Latin America Hemp Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Hemp Market Facts & Figures by Country
3.8.1 Middle East and Africa Hemp Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Hemp Sales by Country (2019-2030)
3.8.3 Middle East and Africa Hemp Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Hemp Sales by Type (2019-2030)
4.1.1 Global Hemp Sales by Type (2019-2024)
4.1.2 Global Hemp Sales by Type (2025-2030)
4.1.3 Global Hemp Sales Market Share by Type (2019-2030)
4.2 Global Hemp Revenue by Type (2019-2030)
4.2.1 Global Hemp Revenue by Type (2019-2024)
4.2.2 Global Hemp Revenue by Type (2025-2030)
4.2.3 Global Hemp Revenue Market Share by Type (2019-2030)
4.3 Global Hemp Price by Type (2019-2030)
5 Segment by Application
5.1 Global Hemp Sales by Application (2019-2030)
5.1.1 Global Hemp Sales by Application (2019-2024)
5.1.2 Global Hemp Sales by Application (2025-2030)
5.1.3 Global Hemp Sales Market Share by Application (2019-2030)
5.2 Global Hemp Revenue by Application (2019-2030)
5.2.1 Global Hemp Revenue by Application (2019-2024)
5.2.2 Global Hemp Revenue by Application (2025-2030)
5.2.3 Global Hemp Revenue Market Share by Application (2019-2030)
5.3 Global Hemp Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Manitoba Harvest
6.1.1 Manitoba Harvest Corporation Information
6.1.2 Manitoba Harvest Description and Business Overview
6.1.3 Manitoba Harvest Hemp Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Manitoba Harvest Hemp Product Portfolio
6.1.5 Manitoba Harvest Recent Developments/Updates
6.2 CW Hemp/CW Botanicals
6.2.1 CW Hemp/CW Botanicals Corporation Information
6.2.2 CW Hemp/CW Botanicals Description and Business Overview
6.2.3 CW Hemp/CW Botanicals Hemp Sales, Revenue and Gross Margin (2019-2024)
6.2.4 CW Hemp/CW Botanicals Hemp Product Portfolio
6.2.5 CW Hemp/CW Botanicals Recent Developments/Updates
6.3 Aphria
6.3.1 Aphria Corporation Information
6.3.2 Aphria Description and Business Overview
6.3.3 Aphria Hemp Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Aphria Hemp Product Portfolio
6.3.5 Aphria Recent Developments/Updates
6.4 Canopy Growth Corporation
6.4.1 Canopy Growth Corporation Corporation Information
6.4.2 Canopy Growth Corporation Description and Business Overview
6.4.3 Canopy Growth Corporation Hemp Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Canopy Growth Corporation Hemp Product Portfolio
6.4.5 Canopy Growth Corporation Recent Developments/Updates
6.5 Nutiva
6.5.1 Nutiva Corporation Information
6.5.2 Nutiva Description and Business Overview
6.5.3 Nutiva Hemp Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Nutiva Hemp Product Portfolio
6.5.5 Nutiva Recent Developments/Updates
6.6 Agropro
6.6.1 Agropro Corporation Information
6.6.2 Agropro Description and Business Overview
6.6.3 Agropro Hemp Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Agropro Hemp Product Portfolio
6.6.5 Agropro Recent Developments/Updates
6.7 CV Sciences
6.6.1 CV Sciences Corporation Information
6.6.2 CV Sciences Description and Business Overview
6.6.3 CV Sciences Hemp Sales, Revenue and Gross Margin (2019-2024)
6.4.4 CV Sciences Hemp Product Portfolio
6.7.5 CV Sciences Recent Developments/Updates
6.8 Isodiol
6.8.1 Isodiol Corporation Information
6.8.2 Isodiol Description and Business Overview
6.8.3 Isodiol Hemp Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Isodiol Hemp Product Portfolio
6.8.5 Isodiol Recent Developments/Updates
6.9 ENDOCA
6.9.1 ENDOCA Corporation Information
6.9.2 ENDOCA Description and Business Overview
6.9.3 ENDOCA Hemp Sales, Revenue and Gross Margin (2019-2024)
6.9.4 ENDOCA Hemp Product Portfolio
6.9.5 ENDOCA Recent Developments/Updates
6.10 Jinzhou Qiaopai Biotech
6.10.1 Jinzhou Qiaopai Biotech Corporation Information
6.10.2 Jinzhou Qiaopai Biotech Description and Business Overview
6.10.3 Jinzhou Qiaopai Biotech Hemp Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Jinzhou Qiaopai Biotech Hemp Product Portfolio
6.10.5 Jinzhou Qiaopai Biotech Recent Developments/Updates
6.11 North American Hemp & Grain Co
6.11.1 North American Hemp & Grain Co Corporation Information
6.11.2 North American Hemp & Grain Co Hemp Description and Business Overview
6.11.3 North American Hemp & Grain Co Hemp Sales, Revenue and Gross Margin (2019-2024)
6.11.4 North American Hemp & Grain Co Hemp Product Portfolio
6.11.5 North American Hemp & Grain Co Recent Developments/Updates
6.12 Yunnan Industrial Hemp
6.12.1 Yunnan Industrial Hemp Corporation Information
6.12.2 Yunnan Industrial Hemp Hemp Description and Business Overview
6.12.3 Yunnan Industrial Hemp Hemp Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Yunnan Industrial Hemp Hemp Product Portfolio
6.12.5 Yunnan Industrial Hemp Recent Developments/Updates
6.13 GFR Ingredients Inc
6.13.1 GFR Ingredients Inc Corporation Information
6.13.2 GFR Ingredients Inc Hemp Description and Business Overview
6.13.3 GFR Ingredients Inc Hemp Sales, Revenue and Gross Margin (2019-2024)
6.13.4 GFR Ingredients Inc Hemp Product Portfolio
6.13.5 GFR Ingredients Inc Recent Developments/Updates
6.14 Hempco
6.14.1 Hempco Corporation Information
6.14.2 Hempco Hemp Description and Business Overview
6.14.3 Hempco Hemp Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Hempco Hemp Product Portfolio
6.14.5 Hempco Recent Developments/Updates
6.15 Yishutang
6.15.1 Yishutang Corporation Information
6.15.2 Yishutang Hemp Description and Business Overview
6.15.3 Yishutang Hemp Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Yishutang Hemp Product Portfolio
6.15.5 Yishutang Recent Developments/Updates
6.16 Naturally Splendid
6.16.1 Naturally Splendid Corporation Information
6.16.2 Naturally Splendid Hemp Description and Business Overview
6.16.3 Naturally Splendid Hemp Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Naturally Splendid Hemp Product Portfolio
6.16.5 Naturally Splendid Recent Developments/Updates
6.17 BAFA neu GmbH
6.17.1 BAFA neu GmbH Corporation Information
6.17.2 BAFA neu GmbH Hemp Description and Business Overview
6.17.3 BAFA neu GmbH Hemp Sales, Revenue and Gross Margin (2019-2024)
6.17.4 BAFA neu GmbH Hemp Product Portfolio
6.17.5 BAFA neu GmbH Recent Developments/Updates
6.18 Aos Products
6.18.1 Aos Products Corporation Information
6.18.2 Aos Products Hemp Description and Business Overview
6.18.3 Aos Products Hemp Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Aos Products Hemp Product Portfolio
6.18.5 Aos Products Recent Developments/Updates
6.19 Suyash Herbs
6.19.1 Suyash Herbs Corporation Information
6.19.2 Suyash Herbs Hemp Description and Business Overview
6.19.3 Suyash Herbs Hemp Sales, Revenue and Gross Margin (2019-2024)
6.19.4 Suyash Herbs Hemp Product Portfolio
6.19.5 Suyash Herbs Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Hemp Industry Chain Analysis
7.2 Hemp Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Hemp Production Mode & Process
7.4 Hemp Sales and Marketing
7.4.1 Hemp Sales Channels
7.4.2 Hemp Distributors
7.5 Hemp Customers
8 Hemp Market Dynamics
8.1 Hemp Industry Trends
8.2 Hemp Market Drivers
8.3 Hemp Market Challenges
8.4 Hemp Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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