The Market Reports

Synopsis
The global market for Industrial Hemp was estimated to be worth US$ 411 million in 2024 and is forecast to a readjusted size of US$ 1040 million by 2031 with a CAGR of 14.3% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Industrial Hemp cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
The industrial hemp counted in this report refers to the original plants of the genus Cannabis and their extracted products with a tetrahydrocannabinol content of less than 0.3% (percentage by dry matter weight).
Cannabis is a non-psychoactive compound increasingly used in health and wellness, cosmetics, food & beverage, and pharmaceutical products. The global cannabis market has grown rapidly in recent years due to increasing consumer awareness, evolving regulations, and demand for natural remedies. North America dominates the market, but Asia-Pacific and Europe are emerging as high-potential regions.
Market Trends：
Expansion of Legalization Worldwide: More countries and states are legalizing hemp-derived CBD for medical and wellness uses.
Product Diversification: cannabis is being integrated into various products such as gummies, capsules, beverages, skincare, and pet care.
Growth in E-commerce Channels: Online platforms have become key distribution channels, especially post-COVID-19.
Rising Investment in R&D: Companies are investing in clinical trials, product innovation, and purity enhancement.
Market Barriers：
Regulatory Uncertainty and Variability: Differences in legality, labeling, and THC content limits create compliance complexity.
Quality Control and Standardization Issues: Inconsistent product quality due to lack of uniform manufacturing standards.
Public Misconceptions and Stigma: Association with marijuana hampers broader market acceptance in some regions.
High Cost of Extraction and Purification: Advanced processing technologies such as CO₂ extraction are costly and require expertise.
This report aims to provide a comprehensive presentation of the global market for Industrial Hemp, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Industrial Hemp by region & country, by Type, and by Application.
The Industrial Hemp market size, estimations, and forecasts are provided in terms of sales volume (Ton) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Hemp.
Market Segmentation
By Company
Kazmira
KND Labs
Aurora Cannabis
Canopy Growth Corporation
Endoca
Charlotte's Web CBD
CV Sciences
Sequoya
Mile High Labs
EcoGen Biosciences
Medical Marijuana, Inc.
Yunnan Hempson Bio-Tech
Tengchong Chenguang Yunma Biotechnology
Segment by Type
CBD Oil
CBD Crystal
Segment by Application
Medical and Pharmaceutical
Food and Beverage
Cosmetics
Other
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Industrial Hemp manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Industrial Hemp in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Industrial Hemp in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index