Industrial Hemp Market
Market Study Report Provides A Detailed Overview Of Industrial Hemp Market With Respect To The Pivotal Drivers Influencing The Revenue Graph Of This Business Sphere. The Current Trends Of Industrial Hemp Market In Conjunction With The Geographical Landscape, Demand Spectrum, Remuneration Scale, And Growth Graph Of This Vertical Have Also Been Included In This Report.
Industrial hemp has several environmental and nutritional benefits. It is a rich source of poly-saturated fats, poly-saturated fatty acids, amino acids omega-3, omega-6, plant-based protein, and dietary fiber. Hemp oil obtained from cannabis seeds contains large amounts of antioxidants which is has several benefits in hair, skin and beauty applications. It also has potential for treating tumors, reducing the likelihood of diabetes and relieves stiffness and pain, including chronic pain which is an important factor in the rising demand. Industrial Hemp Market may exceed USD 270 million by 2025; according to a new research report.
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North America hemp shives market from building material applications may witness growth of around 3% over the forecast period. The product along with lime forms building material known as hempcrete which is used for floor slabs, ceiling insulation, and as internal coating for in renovating old buildings. Hempcrete when used as building material improves strength and water resistance while providing more insulating and lightweight mixture. Growing demand for sustainable building materials across the region is projected to drive industrial hemp market.
Rising health concerns along with changing lifestyle patterns and growing consumer awareness related to bio-based products may stimulate industrial hemp demand. Hemp-based products are utilized & marketed across various application segments including food & beverages, personal care, textiles, bio-composites, building materials among several others owing to changing government policies and consumer awareness promoting healthy lifestyles.
Industrial hemp fibers market from pulp & paper applications was valued at over USD 43 million in 2018. Industrial hemp is a fast-growing crop and has the potential to reduce deforestation on account of fast growth and high yield of hemp crops. European countries such as France, Spain, Germany have well established hemp-based pulp & paper industry where over 50% of hemp fibers were consumed by paper industry in 2018.
Global industrial hemp seeds market from food & beverage applications is projected to witness growth of over 5% during the forecast period. Rapid growth in demand for dietary supplements in North America, Europe and Asia with increasing focus on healthy lifestyle, fitness & deficiency of fatty acids, vitamins, minerals causing illness situations is attracting consumers towards hemp-based food products.
Industrial hemp industry is highly fragmented with several countries have recently legalized cultivation. The market players lack well established infrastructure to achieve economies of scale. However, Canada, China, France have long established networks of producers, supply chain and manufacturing facilities to deliver products in the marketplace. The situation has major impact on hemp imports while creating competitive environment between domestic and international market.
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Report Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Definition and forecast parameters
1.3 Market estimates & forecast parameters
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid Sources
1.4.2.2 Public Sources
Chapter 2 Executive Summary
2.1 Industrial hemp industry 360 degree synopsis, 2019 – 2025
2.1.1 Business Trends
2.1.2 Regional trends
2.1.3 Product trends
Chapter 3 Industrial Hemp Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014 – 2025
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
3.3.2.1 Collaboration/Partnerships
3.3.2.2 Distributors
3.3.2.3 Technology Providers
3.4 Innovation & sustainability
3.5 Regulatory landscape
3.5.1 U.S.
3.5.1.1 Farm Bill 2018
3.5.1.2 Implementing the Agriculture Improvement Act of 2018
3.5.2 Europe
3.5.2.1 European Parliament resolution on use of cannabis for medicinal purposes (2018/2775(RSP))
3.5.3 Asia Pacific
3.6 Technology landscape
3.7 Cost structure analysis
3.8 Pricing analysis
3.8.1 Seed price trends
3.8.2 Fiber price trends
3.8.3 Shives price trends
Chapter 4 Industrial Hemp Market, By Product
4.1 Key product trends
4.2 Seeds
4.2.1 Global industrial hemp seeds market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
4.2.2 Global industrial hemp seeds market, by region, 2014-2025, (Kilo Tons) (USD Million)
4.2.3 Global industrial hemp seeds market estimates & forecast, by derivative product, 2014-2025, (Kilo Tons) (USD Million)
4.2.4 Global industrial hemp seed market estimates & forecast, by application, 2014-2025, (Kilo Tons) (USD Million)
4.3 Fiber
4.3.1 Global industrial hemp fiber market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
4.3.2 Global industrial hemp fiber market, by region, 2014-2025, (Kilo Tons) (USD Million)
4.3.3 Global industrial hemp fiber market estimates & forecast, by application, 2014-2025, (Kilo Tons) (USD Million)
4.4 Shives
4.4.1 Global industrial hemp shives market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
4.4.2 Global industrial hemp shives market, by region, 2014-2025, (Kilo Tons) (USD Million)
4.4.3 Global industrial hemp shives market estimates & forecast, by application, 2014-2025, (Kilo Tons) (USD Million)
Chapter 5 Industrial Hemp Market, By Region
Chapter 6 Company Profiles
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