Market Research Report Store offers a latest published report on Hemp Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 91 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
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Hemp, or industrial hemp, typically found in the northern hemisphere, is a variety of the Cannabis sativa plant species that is grown specifically for the industrial uses of its derived products. It is one of the fastest growing plants and was one of the first plants to be spun into usable fiber 10,000 years ago.
The global average price of Hemp is in the increasing trend, from 16.13 USD/Unit in 2013 to 19.75 USD/Unit in 2017. With the situation of global economy, prices will be in increasing trend in the following five years.
The classification of Hemp includes Hemp Seeds, Hemp Oil, Hemp Protein, Soft Gel Caps and Other, and the proportion of hemp seeds and hemp oil is in the similar level in 2017, the exact number is 34.21%, 34.98%, respectively.
Hemp is widely used in Supermarkets, Convenience Stores and Others. The most proportion of Hemp is supermarkets, and the proportion in 2017 is about 48%.
According to this study, over the next five years the Hemp market will register a 22.9% CAGR in terms of revenue, the global market size will reach US$ 2780 million by 2024, from US$ 990 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hemp business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
CW Hemp/CW Botanicals
Canopy Growth Corporation
Jinzhou Qiaopai Biotech
North American Hemp & Grain Co
Yunnan Industrial Hemp
GFR Ingredients Inc
BAFA neu GmbH
Market Segment by Type, covers
Soft Gel Caps
Market Segment by Applications, can be divided into
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North America Hemp Market Growth 2019-2024
United States Hemp Market Growth 2019-2024
Asia-Pacific Hemp Market Growth 2019-2024
Europe Hemp Market Growth 2019-2024
EMEA Hemp Market Growth 2019-2024
Global Hemp Market Growth 2019-2024
China Hemp Market Growth 2019-2024
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