Global Industrial Hemp Market Report 2024

Global Industrial Hemp
Market Report
2024

Industrial Hemp Market Report 2024 (Global Edition)

Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.

Author Name: David Fuller | Report ID: CMR330010  | 

The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2023 will be estimated one while the forecasted data will be from year 2024 to 2031. When we deliver the report that time we updated report data till the purchase date.

Data Updated: December 2023  | Report Pages: 250+  | Edition: 8th  | 

PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.

Format: PDF, PPT, Excel, Word, Bi and Consultation  | 
Rating: 4.8 | Review: 3

Author's Detail

David Fuller

Senior Analyst at Cognitive Market Research

LinkedIn

Profile

I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.

Bio :

I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building. I fulfill data requirements with thorough research and analytics. ME and My research team provide intelligence on industry stats, market structure, company profiles/Competition Analysis, Forecast Mapping, and Recently started providing the COVID-19 Impact Analysis.

Specialties: Industry research, Company analysis, Location Strategy, Tech Research, Change Management, Process Improvement, Peer Group Benchmarking, Startup Ecosystem, Crypto Research, COVID19 Impact Analysis, etc.

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Author's Conclusion

  • The Global Industrial Hemp Market revenue in 2015: USD 68,960.32 Thousand
  • CAGR from 2020-2027 is expected to be: 16.99%
  • Conventional accounted for largest share of total revenue generated in 2019.
  • Textiles held major share of Industrial Hemp market in 2019.
  • Seeds held major share of industrial hemp application market in year 2019.

Frequently Asked Questions (FAQs)

The Global Industrial Hemp Market is estimated to reach USD 3,37,066.42 Thousand by 2027.
GoFire, ICC, PIHG, IHM, HempFlax, Marijuana Gum, Medical Marijuana Inc, Notis Global Inc. (NGBL), Jetty Extracts, and CannaKorp are the key players operating in the market.
In terms of revenue, the Conventional source segment accounted for 63.93% of the total Global Industrial Hemp Market share in 2022.
Textiles are the most attractive segment with a growing Compound Annual Growth Rate of 16.77% within the forecast period.
Seeds product type was the largest segment with 52.02% of the total revenue share in 2022.
In terms of revenue, North America dominated the region with 36.02% of the total market in 2022.

Key Questions Answered By Industrial Hemp Market Report 2024

Why Conventional have a significant impact on Industrial Hemp market?
What are the key factors affecting the Conventional and Organic of Industrial Hemp Market?
What is the CAGR/Growth Rate of Textiles during the forecast period?
By type, which segment accounted for largest share of the global Industrial Hemp Market?
Which region is expected to dominate the global Industrial Hemp Market within the forecast period?

  • Regional Analysis of 5 Regions: North America, Europe, Asia Pacific, Middle East Africa, Latin America
  • Country Analysis of 36 countries
  • Historical Data Timeline 2019 till 2023
  • Forecast Data Timeline 2024 till 2031
  • List of Analysis Conducted by Cognitive Market Research: Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, ESG Analysis, Porter's Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis,
  • 100+ tables, 150+ Figures, 10+ matrix
  • Market Trends, Drivers, Opportunities, Restraints,
  • Segment Analysis and Each Segments Market Attractiveness, Investment opportunities
  • Measures to Explore Untapped Market
  • Understanding Market Dynamics
  • Understanding Changing Economics
  • Competitors Market Share
  • Global/Region/Country Level Analysis
  • Identify Upcoming End Use Industries
  • Price Trend Analysis
  • Value Chain Analysis
  • Customer Sentiment/Need Analysis
  • Identification of Key Growth Segments
  • Industry Upstream and Downstream Analysis
  • Raw Material Sourcing and Cost Analysis
  • Identify Key Customers Across Globe
  • Concept Development and Market Testing
  • Merger-Acquisition Strategy

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  • The research study and report are been made exclusively for an institution or person who is strategizing to build a business or strategically wants to expand certain portfolio.
  • This report will help in analyzing complete market scenario across the globe who wish to expand their current business or is willing to invest in some profitable sector.
  • This report will prove beneficial for person or an organization who wish to be updated regarding their business environment, consumers’ behaviour, and their requirements. The environment is constantly changing, and in such scenario, this report will help in understanding market parameters through 360-degree view.
  • The report is thus ideal for KOL, CEO's, CFO's, directors, and others. It is also helpful to senior executives, business development managers, marketing managers, and consultants. Furthermore, government bodies, agencies and other kind of organizations can also leverage our report to understand market.

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  • Our objective for the Industrial Hemp market is to help in making imperative business decisions, securing investments, determining new business opportunities in the market. Further, the report helps to analyze overall marketing needs of customers, and avoid business failures.
  • To know the potential market size and growth rate before launching a new product line. The report in a way helps in designing R&D budget wisely by estimating maximum total profit.
  • To identify the Industrial Hemp market dynamics, industrial insights, and economic progression for critical information about the market conditions and specific business landscape.
  • To assess the overall competitive landscape of a particular business sector and to provide complete analysis in regards with various external factors impacting the market growth.
  • To create a strong foundation for building a strategy and foster insight into market conditions so that market players can make better business decisions. Besides, we aim to provide a complete portfolio of the major players involved the market.
  • To define the scope which will further help in creating new products that will surpass the gap between current offerings and customers’ needs.

  • To help in revealing significant clues concerning buying habits, regional culture, lifestyle, and population density that plays an integral role in shaping market behavior.
  • To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the total market.

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  • Competitors Analysis: We provide data from the supplier side covering key details such as market share split among 1st tier, 2nd tier, and 3rd tier, Emerging Players, and Start-Ups. (whereas most of our competitors published data for top-tier companies)
  • We provide market revenue share not only for Public listed companies but also the privately listed companies.
  • Country Analysis: The Country level market split analysis is part of the report hence the data granularity is provided.
  • We have been closely working with the Top 500 Fortune businesses, our clientele spanning 20+ industries. Our clientele is a mix of investors, manufacturers, end-users, distributors, etc. With our data subscription model (Athenaeum) 70% of clients have already subscribed/purchased reports for multiple years which helped us achieve unbelievable client retention statistics.
  • Product + Service: In terms of the product we deliver the report access (PDF+ PPT+ EXCEL+ Cloud+ POWER BI) whereas in terms of service; we provide data support where a dedicated research analyst will be assigned and add-on benefits. (Whereas most of our competitors believe only in delivering the data/report and service and support remain questionable.)
  • Credibility and Data Accuracy: We deliver accuracy close to 90-95% with the help of our in-house research team, freelancer, and industry expert network, sources present worldwide. This Data is backed up by strong research methodology
  • What are our clients saying about our services.

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