Industrial Hemp Market Report 2022-2027 by Kanika Sharma

Global Industrial Hemp Market Research Report 2022-2027

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Report Description

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Report Description and Highlights Report Description Global Industrial Hemp Market Outlook 2022-2027: The latest report by IMARC Group, titled “Industrial Hemp Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the global industrial hemp market reached a value of US$ 4.0 Billion in 2021. Industrial hemp is a variety of Cannabis sativa plant species that is grown for commercial purposes. It is a fast-growing, environment-friendly plant with a low cost of production. In addition to this, industrial hemp is a rich source of nutrients such as protein, carbohydrates, vitamins, essential fatty acids, and trace elements. It is a multipurpose and sustainable crop that can be refined into a variety of commercial items, including rope, paper, clothing, textiles, insulation, paint, biodegradable plastics, food, biofuel, as well as animal feed. It is largely grown for products in the food and beverage industry. However, it can also be used in non-food-based products without employing toxic chemicals, herbicides, pesticides, and fertilizers. Request for a PDF sample of this report: https://www.imarcgroup.com/industrial-hemp-market/requestsample

Report Description and Highlights

Report Description

Global Industrial Hemp Market Drivers/Constraints: The market is primarily driven by the growing preference for eco-friendly products in thermal insulation, construction materials, fiberglass alternatives, and automotive products. Besides this, the significant development in the automotive industry is propelling the demand for industrial hemp in the manufacturing of automotive body parts that are versatile, eco-friendly, lightweight, and dentresistant in nature. The rising need for technical products like varnishes, solvents, oil paints, printing inks, chainsaw lubricants, and coatings is also fueling the market growth. Furthermore, hemp seed and hemp seed oil offer numerous dietary and medicinal benefits, due to which they find application in the food and beverage and pharmaceutical industries, respectively. Apart from this, on account of high and well-balanced fatty acid content, hemp is also utilized in cosmetics and personal care products such as soaps, shampoos, bath gels, hand and body lotions, UV skin protectors, and massage oils. Looking forward, the market is expected to grow at a CAGR of 16.57% during the forecast period (2022-2027). View Report TOC, Figures and Tables: https://www.imarcgroup.com/industrial-hemp-market

Report Description and Highlights

Report Description Key Market Segmentation

The research report includes the following segments:

Breakup by Type: •Hemp Seed •Hemp Oil •Hemp Fiber •Others

Breakup by Source: •Conventional •Organic

Breakup by Application: •Food and Beverages •Textiles •Personal Care Products •Pharmaceuticals •Others

Report Description and Highlights

Report Description Breakup by Region:

•North America (United States, Canada) •Europe (Germany, France, United Kingdom, Italy, Spain, Others) •Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others) •Latin America (Brazil, Mexico, Others) •Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others) Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click here: https://www.imarcgroup.com/request?type=report&id=4473&flag=E

Report Description and Highlights

Report Description Competitive Landscape: • • • • • • • • • •

Aurora Cannabis Boring Hemp Company Ecofibre Limited Hemp Inc HempFlax Group B.V. Hempro International GmbH, MH medical hemp GmbH Parkland Industrial Hemp Growers Co-op. Ltd. South Hemp Tecno srl Valley Bio Limited.

Key Questions Answered in the Report

Report Description

Key Questions Answered in This Report:

•How has the global industrial hemp market performed so far and how will it perform in the coming years? •What has been the impact of COVID-19 on the global industrial hemp market? •What are the key regional markets? •What is the breakup of the market based on the type? •What is the breakup of the market based on the source? •What is the breakup of the market based on the application? •What are the various stages in the value chain of the industry? •What are the key driving factors and challenges in the industry? •What is the structure of the global industrial hemp market and who are the key players? •What is the degree of competition in the industry?

Report Description 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

Table of Contents

Report Description

Table of Contents

5 Global Industrial Hemp Market 5.1 5.2 5.3 5.4

Market Overview Market Performance Impact of COVID-19 Market Forecast

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Report Description and Highlights

Report Description

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