August 30, 2019

Worldwide market for Hemp is expected to grow at a CAGR of roughly 22.9%

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.

Scope of the Report:

The global average price of Hemp is in the increasing trend, from 16.13 USD/Unit in 2013 to 19.75 USD/Unit in 2017. With the situation of global economy, prices will be in increasing trend in the following five years.

The classification of Hemp includes Hemp Seeds, Hemp Oil, Hemp Protein, Soft Gel Caps and Other, and the proportion of hemp seeds and hemp oil is in the similar level in 2017, the exact number is 34.21%, 34.98%, respectively.

Hemp is widely used in Supermarkets, Convenience Stores and Others. The most proportion of Hemp is supermarkets, and the proportion in 2017 is about 48%.

The worldwide market for Hemp is expected to grow at a CAGR of roughly 22.9% over the next five years, will reach 2780 million US$ in 2024, from 990 million US$ in 2019, according to our study.

This report focuses on the Hemp in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology

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Market Segment by Manufacturers, this report covers

  • 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

Market Segment by Regions, regional analysis covers

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, UK, Russia and Italy)
  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America (Brazil, Argentina, Colombia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

  • Hemp Seeds
  • Hemp Oil
  • Hemp Protein
  • Soft Gel Caps

Market Segment by Applications, can be divided into

  • Supermarkets
  • Convenience Stores
  • Others

What Reports Provides:

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets

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