How big is the Industrial Hemp Market?

The Industrial Hemp Market size is expected to reach USD 2.60 billion in 2024 and grow at a CAGR of greater than 17% to reach USD 5.91 billion by 2029. Read More

What is the current Industrial Hemp Market size?

In 2024, the Industrial Hemp Market size is expected to reach USD 2.60 billion. Read More

Who are the key players in Industrial Hemp Market?

International Flavors & Fragrances Inc., Firmenich SA, PharmaCielo Ltd, Manitoba Harvest (Tilray) and Robertet are the major companies operating in the Industrial Hemp Market. Read More

Which is the fastest growing region in Industrial Hemp Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Industrial Hemp Market?

In 2024, the North America accounts for the largest market share in Industrial Hemp Market. Read More

What years does this Industrial Hemp Market cover, and what was the market size in 2023?

In 2023, the Industrial Hemp Market size was estimated at USD 2.16 billion. The report covers the Industrial Hemp Market historical market size for years: . The report also forecasts the Industrial Hemp Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the major trends shaping the Industrial Hemp Market?

The major trends shaping the Industrial Hemp Market are a) Increasing demand for hemp-based products in the food and beverage industry b) Development of innovative products from industrial hemp (biofuels, bioplastics) Read More

Industrial Hemp Market Share

Statistics for the 2023 & 2024 Industrial Hemp market share, created by Mordor Intelligence™ Industry Reports. Industrial Hemp share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Industrial Hemp Industry

The industrial hemp market is fragmented in nature. Some major players in the market (not in any particular order) include International Flavors & Fragrances Inc., Firmenich SA, PharmaCielo Ltd, Manitoba Harvest (Tilray), and Robertet.