Industrial Hemp Market is Likely to Increase At a Significantly High CAGR During Forecast Period 2030
Industrial Hemp Market Size Was Valued at USD 5.3 Billion in 2022, and is Projected to Reach USD 22.49 Billion by 2030, Growing at a CAGR of 19.8% From 2023-2030.
Industrial Hemp plant is a stout, annual, aromatic herb cultivated for its best fibre and edible seeds. The plant is strong, tough, and long-lasting and is mostly used for cordage, e.g., twine, rope, yarn, cable, string, and artificial sponges. Numerous goods, including insulation and building materials, paper, textiles, fibreglass, nutraceuticals, personal care items, bio-plastics, and biofuel are processed from industrial hemp. Without the use of harmful chemicals, herbicides, pesticides, or fertilisers, it is primarily cultivated for food and beverage production as well as non-food-based items. Industrial hemp offers a renewable and environmentally benign raw material for the production of many products, including plastic, paper, and fuel.
Top Company Profiles Include in this Industrial Hemp Market report:
Mohr Hemp (United States),Nutiva (United States),Nutritional High (United States),Olvita (United States),Paradise Hemp (United States),Phoenix Natural Earth Products (United States),Sensient Technologies (United States),Sunstrand (United States),The Hemp Foundry (United States),Vertus Farms (United States),World Wide Hemp (United States),Agrofibra (Canada),Bastfibre Technologies (Canada),Cannaray (Canada),Ecofibre (Canada),Hempco (Canada),Hempitecture (Canada),Linwoods (United Kingdom),Agrofibra (Brazil),Hempact (France),HempFlax (Netherlands),Linwood Hemp (United Kingdom),Mohr Hemp Australia (Australia),Satya Hemp (India)
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Industrial Hemp Market Size Was Valued at USD 5.3 Billion in 2022, and is Projected to Reach USD 22.49 Billion by 2030, Growing at a CAGR of 19.8% From 2023-2030.
Industrial Hemp plant is a stout, annual, aromatic herb cultivated for its best fibre and edible seeds. The plant is strong, tough, and long-lasting and is mostly used for cordage, e.g., twine, rope, yarn, cable, string, and artificial sponges. Numerous goods, including insulation and building materials, paper, textiles, fibreglass, nutraceuticals, personal care items, bio-plastics, and biofuel are processed from industrial hemp. Without the use of harmful chemicals, herbicides, pesticides, or fertilisers, it is primarily cultivated for food and beverage production as well as non-food-based items. Industrial hemp offers a renewable and environmentally benign raw material for the production of many products, including plastic, paper, and fuel.
Top Company Profiles Include in this Industrial Hemp Market report:
Mohr Hemp (United States),Nutiva (United States),Nutritional High (United States),Olvita (United States),Paradise Hemp (United States),Phoenix Natural Earth Products (United States),Sensient Technologies (United States),Sunstrand (United States),The Hemp Foundry (United States),Vertus Farms (United States),World Wide Hemp (United States),Agrofibra (Canada),Bastfibre Technologies (Canada),Cannaray (Canada),Ecofibre (Canada),Hempco (Canada),Hempitecture (Canada),Linwoods (United Kingdom),Agrofibra (Brazil),Hempact (France),HempFlax (Netherlands),Linwood Hemp (United Kingdom),Mohr Hemp Australia (Australia),Satya Hemp (India)
Request a Free Sample of Industrial Hemp Market Report:
https://introspectivemarke...
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