Forecast Period 2020-2026: A comprehensive analysis of the market structure along with the forecast of the various segments and sub-segments of the market have been delivered through this Hemp Seed Market business document. The market is greatly transforming because of the moves of the key players and brands including developments, product launches, joint ventures, mergers and acquisitions that in turn changes the view of the global face of industry.
Global hemp seed market is expected to rise from 319.00 million in 2018 to an estimated value of USD 322.00 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026. Rising demand for hemp seeds over traditional herbal seeds is the major factor for the growth of the market.
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The well-established Key players in the market are: Hempco Inc, Ecofibre, HempFlax Group B.V., GenCanna Global USA, Inc., Konoplex, Hemp Oil Canada, Proteus Solutions GbR, Colorado Hemp Works LLC, Canah, Plains Industrial Hemp Processing Ltd, South Hemp Tecno, MH medical hemp, Naturally Splendid Enterprises Ltd., Manitoba Harvest Hemp Foods, Green Source MKT, Hush Brands Inc., NAVITAS ORGANICS, GFR Ingredients Ltd among others.
In January 2019, Liht Cannabis Corp., had introduced PureCloud 9 which is a hemp seed oil based skincare products. This launch will help the company to the expansion of full line of CBD health and wellness products
What ideas and concepts are covered in the report?
– The assessments accounted by all the zones and the market share registered by each region is mentioned in the report.
– The study sums up the product consumption growth rate in the applicable regions along with their consumption market share.
– Data regarding the Hemp Seed Industry market consumption rate of all the provinces, based on applicable regions and the product types is inculcated in the report.
Region-based analysis of the Hemp Seed Industry market:
– The Hemp Seed Industry market, with regards to provincial scope is segmented into USA, Europe, Japan, China, India, and South East Asia. The report also includes information regarding the products use throughout the topographies.
Unique structure of the report
Hemp Seed Market Trends | Industry Segment by Source (Conventional and Organic), Forms (Shelled Hemp Seed, Hemp Seed Protein, Hemp Seed Oil, Whole Hemp Seed, Hulled Hemp Seed, Hemp Protein Powder, Others), Application (Food & Beverages, Nutritional Supplements, Cosmetics, Pharmaceuticals, Textiles, Personal Care Products, Others), Distribution Channel (Specialty Stores, Pharmacies, E-Commerce, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Hemp is often termed as marijuana. Hemp is grown in northern hemisphere which requires about 3-4 months for maturation. The seeds produced from hemp are used for the consumption purpose with wider application in food products such as hemp cheese, hemp milk and hemp oil. Continuous countercurrent reactor technology is used in manufacturing of hemp based product. Hemp field botanicals launched hemp-based CBD oral oils and face oils having high degree of purity, safety and quality.
Market Drivers
Increasing demand for hemp seeds over traditional herbal seeds is driving the growth of the market
Diverse vital properties as well as its use as analgesic in medicines may propel the market growth
Growing demand of personal care products, cosmetics, protein supplements and various other health products will boost the market in the forecast period
Increasing legalization in the cultivation of industrial hemp is a driver for the market growth
Market Restraints
High production cost will hamper the market growth
Stringent regulation and policies is restraining the market in the forecast period
Increasing Disposable Income
Rising disposable income of the population is believed to positively impact the growth of the smart furniture over the forecast period. Further, changing lifestyle of the people such as increasing preference for smart furniture is anticipated to intensify the growth of global smart furniture market over the forecast period.
However, high cost of Hemp Seed products is one of the key factors which are expected to limit the growth of global smart furniture market over the forecast period.
Some of the Major Highlights of TOC covers:
Hemp Seed Industry Regional Market Analysis
– Hemp Seed Industry Production by Regions
– Global Hemp Seed Industry Production by Regions
– Global Hemp Seed Industry Revenue by Regions
– Hemp Seed Industry Consumption by Regions
Hemp Seed Industry Segment Market Analysis (by Type)
– Global Hemp Seed Industry Production by Type
– Global Hemp Seed Industry Revenue by Type
– Hemp Seed Industry Price by Type
Hemp Seed Industry Segment Market Analysis (by Application)
– Global Hemp Seed Industry Consumption by Application
– Global Hemp Seed Industry Consumption Market Share by Application (2014-2019)
Hemp Seed Industry Major Manufacturers Analysis
– Hemp Seed Industry Production Sites and Area Served
– Product Introduction, Application and Specification
– Hemp Seed Industry Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)
– Main Business and Markets Served
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At the Last, Hemp Seed industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publisher’s disclaimer.
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