Industrial Hemp Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2032 | Ecofibre, Hemp Inc., Plains Industrial Hemp Processing Ltd., Marijuana Company Of America Inc., Global Hemp Group Inc.


Industrial Hemp Market is an exploration report with painstaking efforts made to study correct and valuable information. The data that has been analyzed is done by considering both the existing top players and the upcoming competitors. These insights offered in the Industrial Hemp market report would benefit players who seek to define systems for the future and gain a solid footing in developing requests for the global market. Apart from that, the specialists have deep contemplated the distinctive geological regions and introduced a serious situation to help new rivals, driving business sector players and fiscal sponsors to decide on the emerging economies.

This Industrial Hemp market study report considers important factors such as a market analysis, market definition, segmentation, significant industry trends, competitive landscape examination, and research methodology. The research provides insight into various market inhibitors and market motivators in both a quantitative and qualitative approach with the purpose of providing users with accurate information.

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What are the new additions in 2023?

  • Detailed sector outlook
  • Additional information about the company’s players
  • Custom report and analyst support on request
  • Recent developments in the market and its future growth opportunities
  • Custom regional/country reports upon request

The list of key players profiled in the study includes: Ecofibre, Hemp Inc., Plains Industrial Hemp Processing Ltd., Marijuana Company Of America, Inc., Global Hemp Group Inc., American Hemp LLC, Valley BioLimited, Boring Hemp Company, HempFlax BV.

Cataloging the competitive landscape of the industrial hemp market:

  • The report provides an overview of all manufacturers and the products developed by each manufacturer along with the scope of each product.
  • The report includes data on each company’s market share, as well as sales figures for each company.
  • Details about profit margins and pricing patterns have been inculcated in the report.

IN THE NEWS

In December 2021, Green Thumb Industries Inc. bought Leafline Industries. As one of only two approved growers in Minnesota’s medical cannabis industry, Leafline is licensed to grow, process and distribute cannabis directly to patients. With this acquisition, the corporation expands its market footprint in Minnesota.

In September 2021, CBD Capital Ltd, GenCanna has acquired the leading supplier of CBD water-soluble distillates, isolates and bulk ingredients, as well as private and white label services for the UK, European Union and global markets. CBD Capital also brings with it several sub-brands, which will now benefit from accelerated product development and market expansion as more resources are committed. The acquisition of CBD Capital expands and consolidates GenCanna’s leadership position in high-growth CBD markets in the UK, Europe and the rest of the world.

In March 2021, Curaleaf Holdings Inc. acquired Emmac Life Sciences, a European marijuana startup, for XX million dollars. Curaleaf’s geographic reach would expand to eight countries, including Portugal, Spain, Germany, Italy and the United Kingdom.

In May 2020, HempFlax BV, based in the Netherlands, acquired Thermo-Natur, a German company that manufactures insulation from natural fibers, and launched a building materials division.

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Market Segmentation Analysis:

The Global Industrial Hemp Market Forecast Report offers a comprehensive assessment of the market. The report provides a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape and factors playing a significant role in the market. The segments of the global industrial hemp market and the breakdown of the market data are highlighted By Type (Hemp Seed, Hemp Seed Oil, Hemp Fiber, CBD Hemp Oil), By Source (Organic, Conventional), By Application (Food, Beverage, Personal Care, Textiles, Pharmaceuticals)

Regional coverage:

The regional segmentation in the global industrial hemp market includes claims to divide the regional scope of the market, which among these regions has been announced to accumulate the largest market share during the forecast duration.

North America (United States, Canada and Mexico)
europe (Germany, United Kingdom, France, Italy, Russia and Turkey, Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam Rest of Asia)
South America (Brazil, Argentina, Colombia, South America Reset)
Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and the rest of South Africa and the Middle East)

** Note: This sample report includes:

  • Scope for 2024
  • Brief introduction to research report.
  • Table of contents (Area covered as part of the study)
  • The best players on the market
  • Research framework (report structure)
  • Research methodology adopted by Quince Market Insights

The Global Industrial Hemp Market industry report covers the following data points:

𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟏: This section covers the overall market overview including the basic introduction of the market, analysis of the market by its applications, types and regions. Major regions of the global market industry include North America, Europe, Asia-Pacific, and Middle East & Africa. This section provides industry statistics and outlook of the Industrial Hemp market (2023-2032). Market dynamics sets the opportunities, key driving forces, market risk that are studied.

𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟐: This section covers the market manufacturers profile based on their business overview, product type and application. Furthermore, this report describes the sales volume, market product price, gross margin analysis, and share of each player.

𝐒ε𝐭𝐭𝐢𝐨𝐧 𝟑 𝐒__𝐭𝐢𝐨𝐧 𝐒: These sections present market competition based on each manufacturer’s market division, and profits. It also covers the industry scenario based on regional conditions.

𝐒ε𝐭𝐭𝐢𝐨𝐧 𝟓 _____ 𝐒𝐞𝐭𝐢𝐨𝐨𝐧 𝟔: These sections provide forecast information related to the industrial hemp market for each region (02322)3. Sales channels include direct and indirect marketing, traders, distributors and development trends are presented in this report.

𝐒ε𝐭𝐭𝐢𝐨𝐧 𝟕 ██𝐶𝐝 𝐒𝐞𝐭𝐢𝐨𝐨𝟖 𝟖: In these sections, key industry research findings and results, analysis sources, and conclusions and findings are covered.

In this study, the years considered to estimate the market size of the Industrial Hemp market are as follows:

– History Year: 2019-2020

– Base year: 2021

– Expected year: 2022

– Forecast from 2023 to 2032

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The analyst presents a detailed picture of the market by studying, synthesizing and aggregating data from multiple sources through analysis of key parameters such as profits, prices, competition and promotions. It presents various facets of the market by identifying key industry influencers. The data presented are comprehensive, reliable and the result of extensive research, both primary and secondary. QMI provides a comprehensive competitive landscape and in-depth vendor selection methodology and analysis through qualitative and quantitative research to forecast accurate market growth.

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