Industrial Hemp Market was valued at USD 8.30 Billion in 2022 and it is expected to reach USD 65.79 Billion by 2029, exhibiting a CAGR of 34.4% during the forecast period (2023-2029). The Industrial Hemp Market is segmented by type, application, and source. Based on type, the market is segmented into hemp seed, hemp seed oil, CBD hemp oil, and hemp fiber. Based on application, the market is segmented into food, beverages, personal care products, textiles, pharmaceuticals and others. Based on source, the market is segmented into organic and conventional. Based on region, the market is segmented into North America, Asia Pacific, Europe, Middle East & Africa, and South America.To know about the Research Methodology:-Request Free Sample Report Global demand for industrial hemp from application industries, including the food and beverage, personal care, and animal care sectors is driving the growth of the market. Moreover, due to a number of factors, including an increase in the prevalence of chronic diseases like diabetes, increased use of hempseed oil and hemp seeds in various food applications, increased use of non-psychoactive cannabinoid cannabidiol (CBD)-CBD hemp oil in the food and pharmaceutical industries, and increased legalisation of industrial hemp cultivation, the market is witnessing substantial growth. As a result of the COVID-19 pandemic's economic recession, which has reduced industrial activity, the global market is only seeing modest growth. The market has thus suffered a terrible blow. However, the market is expected to rise more quickly because to the rapid recovery of the world's economy. In order to promote the market recovery, the U.S. government announced a COVID-19 relief package of USD 1.9 trillion in January 2021. Furthermore, over the forecast period, the market in the United States is expected to be driven by the continuous expansion of small-scale market participants producing industrial and consumer goods based on hemp. The market will increase as consumers become more aware of the dietary benefits of hempseed and hempseed oil, as well as as demand from the cosmetics and personal care sectors rises. The expansion of the market is expected to be positively impacted by increased manufacturing of hemp-based products such as soaps, shampoos, bath gels, hand and body lotions, UV skin defenders, massage oils, and a variety of other goods.
Industrial Hemp Market Dynamics
Increasing legalization in the cultivation of industrial hemp: Around the world, hemp has been grown for its fibre and as an oilseed for a variety of commercial and consumer goods. Cannabis sativa L., a distinct cultivar of the same species as marijuana but not marijuana itself, is the source of industrial hemp. The US made various actions to legalise the cultivation of hemp as an agricultural commodity and to remove it from the list of restricted narcotics in the 2018 farm bill (a federal government instrument for agricultural and food policy). Hemp cannot be cultivated as freely as other crops, though. Due to the legalisation of industrial hemp cultivation in the US, the production of oilseeds and cannabidiol (CBD), a non-intoxicating cannabinoid that may be employed in the food and medicinal industries, has taken centre stage in North America. Excellent sources of vitamins and minerals include hemp seed and hemp seed oil. Hemp seed oil is an excellent source of fatty acids, has a balanced protein composition, and is simple to digest. In addition to being a common nutritional supplement, CBD is also a crucial component of many medicinal and beauty goods. As a result, the usage of CBD hemp oil in dietary supplements and the pharmaceutical sector is progressively becoming more widespread, and this is what is expected to propel the industrial hemp market's expansion in the upcoming years. New product developments from industrial hemp: The businesses and research institutes are being compelled to create new goods from industrial hemp as hemp farming becomes more permitted. One such use that is expected to have tremendous development potential over the next years is biofuel. Biofuels have been gaining popularity as the cost of oil (diesel and gasoline) has increased and as worries over global warming have grown. Hemp biodiesel, which can be used in any diesel-powered vehicle, is made from hemp seed extracts. In addition, ethanol, which is now produced from food crops like wheat and corn, may be made from hemp. As a consequence, food production would be more effective. In a paper released in 2010, researchers from the University of Connecticut claimed that hemp biodiesel had a high conversion efficiency of about 97 percent. Thus, using it as a biofuel would speed up the process of making biodiesel. Another product that offers room for industrial hemp expansion is bioplastic. The leftovers from the production of hemp seeds and CBD oil are used to make hemp bioplastics. The development of hemp-based biofuel and bioplastics is expected to be aided by rising customer demand for environmentally friendly products, corporate and governmental initiatives, and financial backing. Lack of processing facilities and planting & harvesting equipment: As one of the biggest users of hemp-derived goods, the US has seen fast growth in the industrial hemp business since the government legalised the crop. But there hasn't been enough reliable planting and harvesting machinery. Due to their fragility, air seeders used to plant the crop must be used with minimal air volume while sowing hemp. In 2019, hemp processing is one of the biggest obstacles, making up 47.7% of all challenges, according to the hemp fact book released by Marijuana Business Daily (US). In contrast, the acquisition of harvesting equipment makes up roughly 26.3 % of all challenges. Additionally, according to sector analysts, one of the main challenges to the US industrial hemp market's expansion is the absence of facilities for processing industrial hemp on a commercial scale. Complex regulatory structure for the usage of industrial hemp: Companies selling hemp and goods produced from hemp must adhere to local regulations in each country. While different types of hemp are legalised to varying degrees in various nations around the world, manufacturers and stakeholders may find it difficult to comply with the stringent regulatory standards that apply to the production and sale of industrial hemp in various states within the same nation. The laws governing hemp that contains both tetrahydrocannabinol (THC) and cannabidiol (CBD) are also still very different from state to state, which makes it more difficult to trade the product. For instance, different legal regulations, such as those governing the licencing of farmers, the regulation and certification of seeds, state-level commissions, and the legal protection of growers in the US, should be taken into account. This business is one of the most heavily regulated because of the complex and varied laws governing the production, distribution, and prescription of industrial hemp in different states and nations.Industrial Hemp Market Segment Analysis
Based on type, the market is segmented into hemp seed, hemp seed oil, CBD hemp oil, and hemp fiber. The hemp fiber segment is expected to dominate the market during the forecast period. Hemp has two types of fibers: bast (outer long fibers) and hurds (inner short fibers). Primary bast fibres, which can be up to 50 mm long and contain between 50 and 70 percent cellulose, and secondary bast fibres, which are only about 2 mm long, are the other two categories into which the bast fibres are further subdivided. Bast fibres are mostly employed in the textile industry since they can be spun and knitted. Hurds, the brief fibres, which make up between 70 and 80 percent of the hemp stalk, are roughly 0.5 mm long. These are used in the building, furniture, bedding for animals, agricultural, and car sectors. Global demand for hemp fibres is expected to increase as people become more aware of their potential as a renewable resource for biofuels and bioplastics.Based on application, the market is segmented into food, beverages, textiles, personal care products, pharmaceuticals, and others. According to forecasts, the industrial hemp market will be dominated by the food segment. This is due to the use of hemp in food items, which are high in linoleic and linolenic acid, vitamin E, and minerals including protein, calcium, zinc, iron, salt, potassium, and magnesium. Raw or roasted hemp seed is the most common way of consumption for hemp. Salads, smoothies, yoghurt, and cereals all contain it. The demand for processed food made from hemp, such as bars, flour, snacks, and cheese, is estimated to rise in response to the rising consumption of plant-based protein as veganism gains popularity around the world.
Based on source, the market is segmented into organic and conventional. Since conventional hemp goods are less expensive than organic hemp products, they predominated the industrial market. Furthermore, commercially farmed hemp is high in vitamins and other vital fatty acids despite not being certified.
Industrial Hemp Market Regional Insights
The industrial hemp market is expected to grow at the fastest rate in Europe. This is explained by the substantial market for food, drinks, dietary supplements, and personal care items. Additionally, hemp fibre is being used more and more in a variety of industries, including the construction and automotive industries. The market is expected to expand due to rising hemp seed consumption in foods and other food items including cereals, bars, yoghurt, and smoothies. These items have a very high level of demand in nations like Germany and the Netherlands, which is what is causing the regional market to expand. In 2022, Asia Pacific held the top spot in the market and contributed more than 32% of global revenue. Industrial hemp and its products, including fibre, seed, hurds, and oil, are produced and consumed actively in a number of economies, including China, India, Japan, Korea, Australia, New Zealand, and Thailand. The region's hemp production is evolving as a result of rising global product demand, developing technology, and innovation that make harvesting simpler for growers. Over the course of the forecast period, the regional market is expected to be driven by rising elderly population levels in emerging nations with rising hemp-based food and supplement consumption. Due to the existence of several application industries, North America ranks among the top consumers on the international market. The need for hemp oil in the region's personal care market is also expected to increase due to high consumer disposable income, an ageing population, and increased worries about skin illnesses and UV protection. The product is primarily used in the production of building materials, textiles, and fabrics in Europe. Over the forecast period, the market for hemp seeds is expected to be driven by the rising demand for hemp oil in the food and supplement, cosmetics, and personal care segments. The objective of the report is to present a comprehensive analysis of the global Industrial Hemp Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Industrial Hemp Market dynamic, structure by analyzing the market segments and projecting the Industrial Hemp Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Industrial Hemp Market make the report investor’s guide.Industrial Hemp Market Scope: Inquire before buying
Industrial Hemp Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 8.30 Bn. Forecast Period 2023 to 2029 CAGR: 34.4% Market Size in 2029: US $ 65.79 Bn. Segments Covered: by Type Hemp Seed Hemp Seed Oil CBD Hemp Oil Hemp Fiber by Application Food, Beverages Personal Care Products Textiles Pharmaceuticals Others by Source Organic Conventional Industrial Hemp Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players are:
1. Valley Bio Ltd. 2. Hemp, Inc. 3. Terra Tech Corp. 4. American Hemp 5. Ecofiber Industries Operations 6. Botanical Genetics, LLC 7. Marijuana Company of America, Inc. 8. HempMedsBrasil 9. CBD Biotechnology Co. 10.Plains Industrial Hemp Processing Ltd. 11.HempFlax B.V. 12.Industrial Hemp Manufacturing, LLC 13.Boring Hemp Company 14.American Cannabis Company, Inc. 15.Parkland Industrial Hemp Growers Cooperative Ltd. Frequently Asked Questions: 1] What segments are covered in the Global Industrial Hemp Market report? Ans. The segments covered in the Industrial Hemp Market report are based on Type, Application and Source. 2] Which region is expected to hold the highest share in the Global Industrial Hemp Market? Ans. The Europe region is expected to hold the highest share in the Industrial Hemp Market. 3] What is the market size of the Global Industrial Hemp Market by 2029? Ans. The market size of the Industrial Hemp Market by 2029 is expected to reach USD 65.79 Bn. 4] What is the forecast period for the Global Industrial Hemp Market? Ans. The forecast period for the Industrial Hemp Market is 2023-2029. 5] What was the market size of the Global Industrial Hemp Market in 2022? Ans. The market size of the Industrial Hemp Market in 2022 was valued at USD 8.30 Bn.
1. Industrial Hemp Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Industrial Hemp Market: Dynamics 2.1. Industrial Hemp Market Trends by Region 2.1.1. North America Industrial Hemp Market Trends 2.1.2. Europe Industrial Hemp Market Trends 2.1.3. Asia Pacific Industrial Hemp Market Trends 2.1.4. Middle East and Africa Industrial Hemp Market Trends 2.1.5. South America Industrial Hemp Market Trends 2.2. Industrial Hemp Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Industrial Hemp Market Drivers 2.2.1.2. North America Industrial Hemp Market Restraints 2.2.1.3. North America Industrial Hemp Market Opportunities 2.2.1.4. North America Industrial Hemp Market Challenges 2.2.2. Europe 2.2.2.1. Europe Industrial Hemp Market Drivers 2.2.2.2. Europe Industrial Hemp Market Restraints 2.2.2.3. Europe Industrial Hemp Market Opportunities 2.2.2.4. Europe Industrial Hemp Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Industrial Hemp Market Drivers 2.2.3.2. Asia Pacific Industrial Hemp Market Restraints 2.2.3.3. Asia Pacific Industrial Hemp Market Opportunities 2.2.3.4. Asia Pacific Industrial Hemp Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Industrial Hemp Market Drivers 2.2.4.2. Middle East and Africa Industrial Hemp Market Restraints 2.2.4.3. Middle East and Africa Industrial Hemp Market Opportunities 2.2.4.4. Middle East and Africa Industrial Hemp Market Challenges 2.2.5. South America 2.2.5.1. South America Industrial Hemp Market Drivers 2.2.5.2. South America Industrial Hemp Market Restraints 2.2.5.3. South America Industrial Hemp Market Opportunities 2.2.5.4. South America Industrial Hemp Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Industrial Hemp Industry 2.8. Analysis of Government Schemes and Initiatives For Industrial Hemp Industry 2.9. Industrial Hemp Market Trade Analysis 2.10. The Global Pandemic Impact on Industrial Hemp Market 3. Industrial Hemp Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Industrial Hemp Market Size and Forecast, by Type (2022-2029) 3.1.1. Hemp Seed 3.1.2. Hemp Seed Oil 3.1.3. CBD Hemp Oil 3.1.4. Hemp Fiber 3.2. Industrial Hemp Market Size and Forecast, by Application (2022-2029) 3.2.1. Food, Beverages 3.2.2. Personal Care Products 3.2.3. Textiles 3.2.4. Pharmaceuticals 3.2.5. Others 3.3. Industrial Hemp Market Size and Forecast, by Source (2022-2029) 3.3.1. organic 3.3.2. Conventional 3.4. Industrial Hemp Market Size and Forecast, by Region (2022-2029) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Industrial Hemp Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Industrial Hemp Market Size and Forecast, by Type (2022-2029) 4.1.1. Hemp Seed 4.1.2. Hemp Seed Oil 4.1.3. CBD Hemp Oil 4.1.4. Hemp Fiber 4.2. North America Industrial Hemp Market Size and Forecast, by Application (2022-2029) 4.2.1. Food, Beverages 4.2.2. Personal Care Products 4.2.3. Textiles 4.2.4. Pharmaceuticals 4.2.5. Others 4.3. North America Industrial Hemp Market Size and Forecast, by Source (2022-2029) 4.3.1. organic 4.3.2. Conventional 4.4. North America Industrial Hemp Market Size and Forecast, by Country (2022-2029) 4.4.1. United States 4.4.1.1. United States Industrial Hemp Market Size and Forecast, by Type (2022-2029) 4.4.1.1.1. Hemp Seed 4.4.1.1.2. Hemp Seed Oil 4.4.1.1.3. CBD Hemp Oil 4.4.1.1.4. Hemp Fiber 4.4.1.2. United States Industrial Hemp Market Size and Forecast, by Application (2022-2029) 4.4.1.2.1. Food, Beverages 4.4.1.2.2. Personal Care Products 4.4.1.2.3. Textiles 4.4.1.2.4. Pharmaceuticals 4.4.1.2.5. Others 4.4.1.3. United States Industrial Hemp Market Size and Forecast, by Source (2022-2029) 4.4.1.3.1. organic 4.4.1.3.2. Conventional 4.4.2. Canada 4.4.2.1. Canada Industrial Hemp Market Size and Forecast, by Type (2022-2029) 4.4.2.1.1. Hemp Seed 4.4.2.1.2. Hemp Seed Oil 4.4.2.1.3. CBD Hemp Oil 4.4.2.1.4. Hemp Fiber 4.4.2.2. Canada Industrial Hemp Market Size and Forecast, by Application (2022-2029) 4.4.2.2.1. Food, Beverages 4.4.2.2.2. Personal Care Products 4.4.2.2.3. Textiles 4.4.2.2.4. Pharmaceuticals 4.4.2.2.5. Others 4.4.2.3. Canada Industrial Hemp Market Size and Forecast, by Source (2022-2029) 4.4.2.3.1. organic 4.4.2.3.2. Conventional 4.4.3. Mexico 4.4.3.1. Mexico Industrial Hemp Market Size and Forecast, by Type (2022-2029) 4.4.3.1.1. Hemp Seed 4.4.3.1.2. Hemp Seed Oil 4.4.3.1.3. CBD Hemp Oil 4.4.3.1.4. Hemp Fiber 4.4.3.2. Mexico Industrial Hemp Market Size and Forecast, by Application (2022-2029) 4.4.3.2.1. Food, Beverages 4.4.3.2.2. Personal Care Products 4.4.3.2.3. Textiles 4.4.3.2.4. Pharmaceuticals 4.4.3.2.5. Others 4.4.3.3. Mexico Industrial Hemp Market Size and Forecast, by Source (2022-2029) 4.4.3.3.1. organic 4.4.3.3.2. Conventional 5. Europe Industrial Hemp Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Industrial Hemp Market Size and Forecast, by Type (2022-2029) 5.2. Europe Industrial Hemp Market Size and Forecast, by Application (2022-2029) 5.3. Europe Industrial Hemp Market Size and Forecast, by Source (2022-2029) 5.4. Europe Industrial Hemp Market Size and Forecast, by Country (2022-2029) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Industrial Hemp Market Size and Forecast, by Type (2022-2029) 5.4.1.2. United Kingdom Industrial Hemp Market Size and Forecast, by Application (2022-2029) 5.4.1.3. United Kingdom Industrial Hemp Market Size and Forecast, by Source(2022-2029) 5.4.2. France 5.4.2.1. France Industrial Hemp Market Size and Forecast, by Type (2022-2029) 5.4.2.2. France Industrial Hemp Market Size and Forecast, by Application (2022-2029) 5.4.2.3. France Industrial Hemp Market Size and Forecast, by Source(2022-2029) 5.4.3. Germany 5.4.3.1. Germany Industrial Hemp Market Size and Forecast, by Type (2022-2029) 5.4.3.2. Germany Industrial Hemp Market Size and Forecast, by Application (2022-2029) 5.4.3.3. Germany Industrial Hemp Market Size and Forecast, by Source (2022-2029) 5.4.4. Italy 5.4.4.1. Italy Industrial Hemp Market Size and Forecast, by Type (2022-2029) 5.4.4.2. Italy Industrial Hemp Market Size and Forecast, by Application (2022-2029) 5.4.4.3. Italy Industrial Hemp Market Size and Forecast, by Source(2022-2029) 5.4.5. Spain 5.4.5.1. Spain Industrial Hemp Market Size and Forecast, by Type (2022-2029) 5.4.5.2. Spain Industrial Hemp Market Size and Forecast, by Application (2022-2029) 5.4.5.3. Spain Industrial Hemp Market Size and Forecast, by Source (2022-2029) 5.4.6. Sweden 5.4.6.1. Sweden Industrial Hemp Market Size and Forecast, by Type (2022-2029) 5.4.6.2. Sweden Industrial Hemp Market Size and Forecast, by Application (2022-2029) 5.4.6.3. Sweden Industrial Hemp Market Size and Forecast, by Source (2022-2029) 5.4.7. Austria 5.4.7.1. Austria Industrial Hemp Market Size and Forecast, by Type (2022-2029) 5.4.7.2. Austria Industrial Hemp Market Size and Forecast, by Application (2022-2029) 5.4.7.3. Austria Industrial Hemp Market Size and Forecast, by Source (2022-2029) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Industrial Hemp Market Size and Forecast, by Type (2022-2029) 5.4.8.2. Rest of Europe Industrial Hemp Market Size and Forecast, by Application (2022-2029) 5.4.8.3. Rest of Europe Industrial Hemp Market Size and Forecast, by Source (2022-2029) 6. Asia Pacific Industrial Hemp Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Industrial Hemp Market Size and Forecast, by Type (2022-2029) 6.2. Asia Pacific Industrial Hemp Market Size and Forecast, by Application (2022-2029) 6.3. Asia Pacific Industrial Hemp Market Size and Forecast, by Source (2022-2029) 6.4. Asia Pacific Industrial Hemp Market Size and Forecast, by Country (2022-2029) 6.4.1. China 6.4.1.1. China Industrial Hemp Market Size and Forecast, by Type (2022-2029) 6.4.1.2. China Industrial Hemp Market Size and Forecast, by Application (2022-2029) 6.4.1.3. China Industrial Hemp Market Size and Forecast, by Source (2022-2029) 6.4.2. S Korea 6.4.2.1. S Korea Industrial Hemp Market Size and Forecast, by Type (2022-2029) 6.4.2.2. S Korea Industrial Hemp Market Size and Forecast, by Application (2022-2029) 6.4.2.3. S Korea Industrial Hemp Market Size and Forecast, by Source (2022-2029) 6.4.3. Japan 6.4.3.1. Japan Industrial Hemp Market Size and Forecast, by Type (2022-2029) 6.4.3.2. Japan Industrial Hemp Market Size and Forecast, by Application (2022-2029) 6.4.3.3. Japan Industrial Hemp Market Size and Forecast, by Source (2022-2029) 6.4.4. India 6.4.4.1. India Industrial Hemp Market Size and Forecast, by Type (2022-2029) 6.4.4.2. India Industrial Hemp Market Size and Forecast, by Application (2022-2029) 6.4.4.3. India Industrial Hemp Market Size and Forecast, by Source (2022-2029) 6.4.5. Australia 6.4.5.1. Australia Industrial Hemp Market Size and Forecast, by Type (2022-2029) 6.4.5.2. Australia Industrial Hemp Market Size and Forecast, by Application (2022-2029) 6.4.5.3. Australia Industrial Hemp Market Size and Forecast, by Source (2022-2029) 6.4.6. Indonesia 6.4.6.1. Indonesia Industrial Hemp Market Size and Forecast, by Type (2022-2029) 6.4.6.2. Indonesia Industrial Hemp Market Size and Forecast, by Application (2022-2029) 6.4.6.3. Indonesia Industrial Hemp Market Size and Forecast, by Source (2022-2029) 6.4.7. Malaysia 6.4.7.1. Malaysia Industrial Hemp Market Size and Forecast, by Type (2022-2029) 6.4.7.2. Malaysia Industrial Hemp Market Size and Forecast, by Application (2022-2029) 6.4.7.3. Malaysia Industrial Hemp Market Size and Forecast, by Source (2022-2029) 6.4.8. Vietnam 6.4.8.1. Vietnam Industrial Hemp Market Size and Forecast, by Type (2022-2029) 6.4.8.2. Vietnam Industrial Hemp Market Size and Forecast, by Application (2022-2029) 6.4.8.3. Vietnam Industrial Hemp Market Size and Forecast, by Source(2022-2029) 6.4.9. Taiwan 6.4.9.1. Taiwan Industrial Hemp Market Size and Forecast, by Type (2022-2029) 6.4.9.2. Taiwan Industrial Hemp Market Size and Forecast, by Application (2022-2029) 6.4.9.3. Taiwan Industrial Hemp Market Size and Forecast, by Source (2022-2029) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Industrial Hemp Market Size and Forecast, by Type (2022-2029) 6.4.10.2. Rest of Asia Pacific Industrial Hemp Market Size and Forecast, by Application (2022-2029) 6.4.10.3. Rest of Asia Pacific Industrial Hemp Market Size and Forecast, by Source (2022-2029) 7. Middle East and Africa Industrial Hemp Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Industrial Hemp Market Size and Forecast, by Type (2022-2029) 7.2. Middle East and Africa Industrial Hemp Market Size and Forecast, by Application (2022-2029) 7.3. Middle East and Africa Industrial Hemp Market Size and Forecast, by Source (2022-2029) 7.4. Middle East and Africa Industrial Hemp Market Size and Forecast, by Country (2022-2029) 7.4.1. South Africa 7.4.1.1. South Africa Industrial Hemp Market Size and Forecast, by Type (2022-2029) 7.4.1.2. South Africa Industrial Hemp Market Size and Forecast, by Application (2022-2029) 7.4.1.3. South Africa Industrial Hemp Market Size and Forecast, by Source (2022-2029) 7.4.2. GCC 7.4.2.1. GCC Industrial Hemp Market Size and Forecast, by Type (2022-2029) 7.4.2.2. GCC Industrial Hemp Market Size and Forecast, by Application (2022-2029) 7.4.2.3. GCC Industrial Hemp Market Size and Forecast, by Source (2022-2029) 7.4.3. Nigeria 7.4.3.1. Nigeria Industrial Hemp Market Size and Forecast, by Type (2022-2029) 7.4.3.2. Nigeria Industrial Hemp Market Size and Forecast, by Application (2022-2029) 7.4.3.3. Nigeria Industrial Hemp Market Size and Forecast, by Source (2022-2029) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Industrial Hemp Market Size and Forecast, by Type (2022-2029) 7.4.4.2. Rest of ME&A Industrial Hemp Market Size and Forecast, by Application (2022-2029) 7.4.4.3. Rest of ME&A Industrial Hemp Market Size and Forecast, by Source (2022-2029) 8. South America Industrial Hemp Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Industrial Hemp Market Size and Forecast, by Type (2022-2029) 8.2. South America Industrial Hemp Market Size and Forecast, by Application (2022-2029) 8.3. South America Industrial Hemp Market Size and Forecast, by Source(2022-2029) 8.4. South America Industrial Hemp Market Size and Forecast, by Country (2022-2029) 8.4.1. Brazil 8.4.1.1. Brazil Industrial Hemp Market Size and Forecast, by Type (2022-2029) 8.4.1.2. Brazil Industrial Hemp Market Size and Forecast, by Application (2022-2029) 8.4.1.3. Brazil Industrial Hemp Market Size and Forecast, by Source (2022-2029) 8.4.2. Argentina 8.4.2.1. Argentina Industrial Hemp Market Size and Forecast, by Type (2022-2029) 8.4.2.2. Argentina Industrial Hemp Market Size and Forecast, by Application (2022-2029) 8.4.2.3. Argentina Industrial Hemp Market Size and Forecast, by Source (2022-2029) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Industrial Hemp Market Size and Forecast, by Type (2022-2029) 8.4.3.2. Rest Of South America Industrial Hemp Market Size and Forecast, by Application (2022-2029) 8.4.3.3. Rest Of South America Industrial Hemp Market Size and Forecast, by Source (2022-2029) 9. Global Industrial Hemp Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Industrial Hemp Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Valley Bio Ltd. 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Hemp, Inc. 10.3. Terra Tech Corp. 10.4. American Hemp 10.5. Ecofiber Industries Operations 10.6. Botanical Genetics, LLC 10.7. Marijuana Company of America, Inc. 10.8. HempMedsBrasil 10.9. CBD Biotechnology Co. 10.10. Plains Industrial Hemp Processing Ltd. 10.11. HempFlax B.V. 10.12. Industrial Hemp Manufacturing, LLC 10.13. Boring Hemp Company 10.14. American Cannabis Company, Inc. 10.15. Parkland Industrial Hemp Growers Cooperative Ltd. 11. Key Findings 12. Industry Recommendations 13. Industrial Hemp Market: Research Methodology 14. Terms and Glossary