Market Report

Overview Industrial Hemp Market is forecast to reach $19.7 billion by 2025, after growing at a CAGR of 28% during 2020-2025. Increasing legalization in the cultivation of industrial hemp, functional properties of hemp seed and hemp seed oil, and their rising use in various food applications, and increasing number of chronic diseases are the major factors driving the growth of industrial hemp market. Report Coverage The report: “Industrial Hemp Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Industrial Hemp Market. Key Takeaways Industrial hemp is rich in poly-saturated fats, amino acids omega-3, poly-saturated fatty acids , omega-6, dietary fiber , and plant-based protein. Hemp has the potential of healing tumors, reducing the chances of developing diabetes, and eases pain and stiffness, as well as chronic pain is a vital factor behind the rising demand. Product - Segment Analysis The seeds segment is dominating the market w...