By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Cannabis NewsCannabis News
  • Cannabis
  • CBD
  • Science
  • Culture & Arts
  • Cannabis Press Releases
  • More
    • About Maryjanes Post
    • Cannabis Advertising
    • Cannabis Partnerships
Reading: Worldwide Industrial Hemp Industry to 2028 – Featuring Ecofibre, Hemp Oil Canada and Dun Agro Hemp Among Others – ResearchAndMarkets.com
Share
Aa
Aa
Cannabis NewsCannabis News
Search
  • Topics
    • Business
    • Cannabis
    • Cannabis Tech
    • Culture & Arts
    • Industry Leaders
    • Cannabis Press Releases
  • Topics
    • Business
    • Cannabis
    • Cannabis Tech
    • Culture & Arts
    • Industry Leaders
    • Cannabis Press Releases
  • About Maryjanes Post
    • Ambassador
    • Cannabis Partnerships
Follow US
  • Ad Choices
  • RSS Terms of Service
© 2018 - 2022 MaryJanes Post Media. All Rights Reserved.
Cannabis News > Cannabis Press Releases > Worldwide Industrial Hemp Industry to 2028 – Featuring Ecofibre, Hemp Oil Canada and Dun Agro Hemp Among Others – ResearchAndMarkets.com
Cannabis Press Releases

Worldwide Industrial Hemp Industry to 2028 – Featuring Ecofibre, Hemp Oil Canada and Dun Agro Hemp Among Others – ResearchAndMarkets.com

Business Wire
Last updated: 2021/10/06 at 9:11 AM
Business Wire Published October 6, 2021
Share
SHARE

DUBLIN–(BUSINESS WIRE)–The “Industrial Hemp Market Size By Type, Application, By Sources, By Geographic Scope And Forecast” report has been added to ResearchAndMarkets.com’s offering.

logo Cannabis Media & PR

The global industrial hemp market was valued at USD 5,584.62 Million in 2020 and is projected to reach USD 25,603.00 Million by 2028, growing at a CAGR of 13.57% from 2021 to 2028.

The Industrial Hemp Market report provides a holistic evaluation of the market for the forecast period. The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Industrial Hemp Market study provides an outlook on the development of market in terms of revenue throughout the prognosis period.

Increasing application usage in personal care, food & beverage, textile, and biocomposite industries is projected to drive industrial hemp market size. The rise in hemp oil demand on account of high essential fatty acids content which prevents and alleviates ailments is the factor contributing to industry growth from the food & beverage sector.

This report provides an all-inclusive environment of the analysis for the Industrial Hemp Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Industrial Hemp Market growth.

Along with the market overview, which comprises of the market dynamics the chapter includes a Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Industrial Hemp Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Industrial Hemp Market.

Market Dynamics

Drivers

  • Rising Awareness Among the Consumers About the Benefits of Industrial Hemp
  • Functional Properties of Hemp Seed and Hemp Seed Oil, and Their Increased Use in Different Food Applications

Restraints

  • Complex Regulatory Structure for the Usage of Industrial Hemp

Opportunities

  • Rising Application of Industrial Hemp in Diverse Industries Such as Textile, Pharmaceutical, Food, Beverage, Personal Care, Construction & Material, Furniture, and Paper

Company Profiles

  • Ecofibre
  • Hemp Inc
  • Hemp Oil Canada
  • Gencanna
  • Hempflax Group B.V
  • Konoplex Group
  • Bafa – Badische Naturfaseraufbereitung
  • Hempoland
  • Dun Agro Hemp Group
  • Medical Marijuana, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/78bjkx

Cannabis Media & PR

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

You Might Also Like

 Flower One Obtains Meeting Order Under the Companies’ Creditors Arrangement Act (Canada)

United States Alternative Adult Beverages Market Report 2022: The Burgeoning Adult Beverage Segment Expanding the Adult Beverage Horizon – ResearchAndMarkets.com

Global Cannabidiol Market Report 2022: Growing Acceptance and Use of Products Due to Government Approvals Drives Sector – ResearchAndMarkets.com

Organigram Launches HOLY MOUNTAIN to Further Support Its Strong Position in the Dried Flower and Hash Categories

Leafly to Participate at Upcoming Investor Conferences

TAGGED: Business Wire
Business Wire October 6, 2021
Share this Article
Twitter Reddit Email Copy Link
Previous Article POSaBIT to Present in Citigroup FinTech Spotlight Series
Next Article Flora Growth Forms Flora Pharma Division, Launches Global Clinical Trials

Cannabis News and More

Work with an experienced cannabis media firm to provide your brand with the exposure it needs.

Cannabis Topics

  • Cannabis
  • Business
  • CBD
  • Cannabis Science
  • Culture & Arts

Company

  • About Maryjanes Post
  • Contact Cannabis Media
  • Contributor Guidelines

Terms of Use

  • TERMS
  • PRIVACY
  • CONTRIBUTOR AGREEMENT
  • DMCA

Resources

  • Write For UsNew
  • Media KitNew
  • Cannabis Advertising
  • Cannabis Partnerships
  • Cannabis Press ReleaseNew
Cannabis NewsCannabis News
Follow US

© 2018 - 2022 MaryJanes Post Media. All Rights Reserved.

  • Ad Choices
  • RSS Terms of Service
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?