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Synopsis
Industrial hemp is a variety of the Cannabis sativa plant species that is grown specifically for industrial use. It can be used to make a wide range of products. Along with bamboo, hemp is one of the fastest growing plant on Earth. It was also one of the first plants to be spun into usable fiber 50,000 years ago. It can be refined into a variety of commercial items, including paper, rope, textiles, clothing, biodegradable plastics, paint, insulation, biofuel, food, and animal feed.
The global Industrial Hemp market was valued at US$ 1161 million in 2023 and is anticipated to reach US$ 3259.5 million by 2030, witnessing a CAGR of 15.7% during the forecast period 2024-2030.
Global industrial hemp key players include Canopy Growth Corporation, Charlotte's Web CBD, Aurora Cannabis, Folium Biosciences, Endoca, etc. Global top five manufacturers hold a share over 30%. North America is the largest market, with a share about 60%, followed by Europe, and Latin America, total have a share about 40 percent. In terms of product, CBD Oil is the largest segment, with a share over 75%. And in terms of application, the largest application is Medicine, followed by Food and Beverage, Cosmetics, etc.
This report aims to provide a comprehensive presentation of the global market for Industrial 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 Industrial Hemp.
Report Scope
The Industrial Hemp market size, estimations, and forecasts are provided in terms of output/shipments (Ton) 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 Industrial 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 Industrial Hemp manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, 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
Segment by Type
Segment by Application
Production by Region
Consumption by Region
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 Industrial Hemp manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial Hemp by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Industrial 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 production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index
1 Industrial Hemp Market Overview
1.1 Product Definition
1.2 Industrial Hemp Segment by Type
1.2.1 Global Industrial Hemp Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 CBD Oil
1.2.3 CBD Crystal
1.3 Industrial Hemp Segment by Application
1.3.1 Global Industrial Hemp Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Medical and Pharmaceutical
1.3.3 Food and Beverage
1.3.4 Cosmetics
1.3.5 Other
1.4 Global Market Growth Prospects
1.4.1 Global Industrial Hemp Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Industrial Hemp Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Industrial Hemp Production Estimates and Forecasts (2019-2030)
1.4.4 Global Industrial Hemp Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Industrial Hemp Production Market Share by Manufacturers (2019-2024)
2.2 Global Industrial Hemp Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Industrial Hemp, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Industrial Hemp Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Industrial Hemp Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Industrial Hemp, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Industrial Hemp, Product Offered and Application
2.8 Global Key Manufacturers of Industrial Hemp, Date of Enter into This Industry
2.9 Industrial Hemp Market Competitive Situation and Trends
2.9.1 Industrial Hemp Market Concentration Rate
2.9.2 Global 5 and 10 Largest Industrial Hemp Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Industrial Hemp Production by Region
3.1 Global Industrial Hemp Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Industrial Hemp Production Value by Region (2019-2030)
3.2.1 Global Industrial Hemp Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Industrial Hemp by Region (2025-2030)
3.3 Global Industrial Hemp Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Industrial Hemp Production by Region (2019-2030)
3.4.1 Global Industrial Hemp Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Industrial Hemp by Region (2025-2030)
3.5 Global Industrial Hemp Market Price Analysis by Region (2019-2024)
3.6 Global Industrial Hemp Production and Value, Year-over-Year Growth
3.6.1 North America Industrial Hemp Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Industrial Hemp Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Industrial Hemp Production Value Estimates and Forecasts (2019-2030)
4 Industrial Hemp Consumption by Region
4.1 Global Industrial Hemp Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Industrial Hemp Consumption by Region (2019-2030)
4.2.1 Global Industrial Hemp Consumption by Region (2019-2024)
4.2.2 Global Industrial Hemp Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Industrial Hemp Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Industrial Hemp Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Industrial Hemp Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Industrial Hemp Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Industrial Hemp Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Industrial Hemp Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Industrial Hemp Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Industrial Hemp Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Industrial Hemp Production by Type (2019-2030)
5.1.1 Global Industrial Hemp Production by Type (2019-2024)
5.1.2 Global Industrial Hemp Production by Type (2025-2030)
5.1.3 Global Industrial Hemp Production Market Share by Type (2019-2030)
5.2 Global Industrial Hemp Production Value by Type (2019-2030)
5.2.1 Global Industrial Hemp Production Value by Type (2019-2024)
5.2.2 Global Industrial Hemp Production Value by Type (2025-2030)
5.2.3 Global Industrial Hemp Production Value Market Share by Type (2019-2030)
5.3 Global Industrial Hemp Price by Type (2019-2030)
6 Segment by Application
6.1 Global Industrial Hemp Production by Application (2019-2030)
6.1.1 Global Industrial Hemp Production by Application (2019-2024)
6.1.2 Global Industrial Hemp Production by Application (2025-2030)
6.1.3 Global Industrial Hemp Production Market Share by Application (2019-2030)
6.2 Global Industrial Hemp Production Value by Application (2019-2030)
6.2.1 Global Industrial Hemp Production Value by Application (2019-2024)
6.2.2 Global Industrial Hemp Production Value by Application (2025-2030)
6.2.3 Global Industrial Hemp Production Value Market Share by Application (2019-2030)
6.3 Global Industrial Hemp Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Kazmira
7.1.1 Kazmira Industrial Hemp Corporation Information
7.1.2 Kazmira Industrial Hemp Product Portfolio
7.1.3 Kazmira Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Kazmira Main Business and Markets Served
7.1.5 Kazmira Recent Developments/Updates
7.2 Medical Marijuana, Inc.
7.2.1 Medical Marijuana, Inc. Industrial Hemp Corporation Information
7.2.2 Medical Marijuana, Inc. Industrial Hemp Product Portfolio
7.2.3 Medical Marijuana, Inc. Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Medical Marijuana, Inc. Main Business and Markets Served
7.2.5 Medical Marijuana, Inc. Recent Developments/Updates
7.3 Charlotte's Web CBD
7.3.1 Charlotte's Web CBD Industrial Hemp Corporation Information
7.3.2 Charlotte's Web CBD Industrial Hemp Product Portfolio
7.3.3 Charlotte's Web CBD Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Charlotte's Web CBD Main Business and Markets Served
7.3.5 Charlotte's Web CBD Recent Developments/Updates
7.4 CV Sciences
7.4.1 CV Sciences Industrial Hemp Corporation Information
7.4.2 CV Sciences Industrial Hemp Product Portfolio
7.4.3 CV Sciences Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.4.4 CV Sciences Main Business and Markets Served
7.4.5 CV Sciences Recent Developments/Updates
7.5 Folium Biosciences
7.5.1 Folium Biosciences Industrial Hemp Corporation Information
7.5.2 Folium Biosciences Industrial Hemp Product Portfolio
7.5.3 Folium Biosciences Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Folium Biosciences Main Business and Markets Served
7.5.5 Folium Biosciences Recent Developments/Updates
7.6 Endoca
7.6.1 Endoca Industrial Hemp Corporation Information
7.6.2 Endoca Industrial Hemp Product Portfolio
7.6.3 Endoca Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Endoca Main Business and Markets Served
7.6.5 Endoca Recent Developments/Updates
7.7 Aurora Cannabis
7.7.1 Aurora Cannabis Industrial Hemp Corporation Information
7.7.2 Aurora Cannabis Industrial Hemp Product Portfolio
7.7.3 Aurora Cannabis Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Aurora Cannabis Main Business and Markets Served
7.7.5 Aurora Cannabis Recent Developments/Updates
7.8 Aphria
7.8.1 Aphria Industrial Hemp Corporation Information
7.8.2 Aphria Industrial Hemp Product Portfolio
7.8.3 Aphria Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Aphria Main Business and Markets Served
7.7.5 Aphria Recent Developments/Updates
7.9 Canopy Growth Corporation
7.9.1 Canopy Growth Corporation Industrial Hemp Corporation Information
7.9.2 Canopy Growth Corporation Industrial Hemp Product Portfolio
7.9.3 Canopy Growth Corporation Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Canopy Growth Corporation Main Business and Markets Served
7.9.5 Canopy Growth Corporation Recent Developments/Updates
7.10 Manitoba Harvest
7.10.1 Manitoba Harvest Industrial Hemp Corporation Information
7.10.2 Manitoba Harvest Industrial Hemp Product Portfolio
7.10.3 Manitoba Harvest Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Manitoba Harvest Main Business and Markets Served
7.10.5 Manitoba Harvest Recent Developments/Updates
7.11 Hankang (Yunnan) Biotechnology
7.11.1 Hankang (Yunnan) Biotechnology Industrial Hemp Corporation Information
7.11.2 Hankang (Yunnan) Biotechnology Industrial Hemp Product Portfolio
7.11.3 Hankang (Yunnan) Biotechnology Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Hankang (Yunnan) Biotechnology Main Business and Markets Served
7.11.5 Hankang (Yunnan) Biotechnology Recent Developments/Updates
7.12 Yunnan Hansu Biotechnology
7.12.1 Yunnan Hansu Biotechnology Industrial Hemp Corporation Information
7.12.2 Yunnan Hansu Biotechnology Industrial Hemp Product Portfolio
7.12.3 Yunnan Hansu Biotechnology Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Yunnan Hansu Biotechnology Main Business and Markets Served
7.12.5 Yunnan Hansu Biotechnology Recent Developments/Updates
7.13 Yunnan Hamusen Biology
7.13.1 Yunnan Hamusen Biology Industrial Hemp Corporation Information
7.13.2 Yunnan Hamusen Biology Industrial Hemp Product Portfolio
7.13.3 Yunnan Hamusen Biology Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Yunnan Hamusen Biology Main Business and Markets Served
7.13.5 Yunnan Hamusen Biology Recent Developments/Updates
7.14 Kunming BiouNIO Biotechnology
7.14.1 Kunming BiouNIO Biotechnology Industrial Hemp Corporation Information
7.14.2 Kunming BiouNIO Biotechnology Industrial Hemp Product Portfolio
7.14.3 Kunming BiouNIO Biotechnology Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Kunming BiouNIO Biotechnology Main Business and Markets Served
7.14.5 Kunming BiouNIO Biotechnology Recent Developments/Updates
7.15 Asan Wuxing Biology
7.15.1 Asan Wuxing Biology Industrial Hemp Corporation Information
7.15.2 Asan Wuxing Biology Industrial Hemp Product Portfolio
7.15.3 Asan Wuxing Biology Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Asan Wuxing Biology Main Business and Markets Served
7.15.5 Asan Wuxing Biology Recent Developments/Updates
7.16 Yunnan Yunxing Biotechnology
7.16.1 Yunnan Yunxing Biotechnology Industrial Hemp Corporation Information
7.16.2 Yunnan Yunxing Biotechnology Industrial Hemp Product Portfolio
7.16.3 Yunnan Yunxing Biotechnology Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Yunnan Yunxing Biotechnology Main Business and Markets Served
7.16.5 Yunnan Yunxing Biotechnology Recent Developments/Updates
7.17 Huayun Jinxin Biotechnology
7.17.1 Huayun Jinxin Biotechnology Industrial Hemp Corporation Information
7.17.2 Huayun Jinxin Biotechnology Industrial Hemp Product Portfolio
7.17.3 Huayun Jinxin Biotechnology Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Huayun Jinxin Biotechnology Main Business and Markets Served
7.17.5 Huayun Jinxin Biotechnology Recent Developments/Updates
7.18 Yunma Biotechnology (Chenguang Biotechnology)
7.18.1 Yunma Biotechnology (Chenguang Biotechnology) Industrial Hemp Corporation Information
7.18.2 Yunma Biotechnology (Chenguang Biotechnology) Industrial Hemp Product Portfolio
7.18.3 Yunma Biotechnology (Chenguang Biotechnology) Industrial Hemp Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Yunma Biotechnology (Chenguang Biotechnology) Main Business and Markets Served
7.18.5 Yunma Biotechnology (Chenguang Biotechnology) Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Industrial Hemp Industry Chain Analysis
8.2 Industrial Hemp Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Industrial Hemp Production Mode & Process
8.4 Industrial Hemp Sales and Marketing
8.4.1 Industrial Hemp Sales Channels
8.4.2 Industrial Hemp Distributors
8.5 Industrial Hemp Customers
9 Industrial Hemp Market Dynamics
9.1 Industrial Hemp Industry Trends
9.2 Industrial Hemp Market Drivers
9.3 Industrial Hemp Market Challenges
9.4 Industrial Hemp Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research