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産業用ヘンプ市場レポート：タイプ別、原料別、用途別、地域別、2024年～2032年

Industrial Hemp Market Report by Type (Hemp Seed, Hemp Oil, Hemp Fiber, and Others), Source (Conventional, Organic), Application (Food and Beverages, Textiles, Personal Care Products, Pharmaceuticals, and Others), and Region 2024-2032

出版日
発行
IMARC
ページ情報
英文 149 Pages
納期
2～3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=144.06円
産業用ヘンプ市場レポート：タイプ別、原料別、用途別、地域別、2024年～2032年
出版日: 2024年09月10日
発行: IMARC
ページ情報: 英文 149 Pages
納期: 2～3営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界の産業用ヘンプ市場の市場規模は2023年に54億米ドルに達しました。今後、IMARC Groupは、市場は2032年までに197億米ドルに達し、2024年から2032年の間に15.1%の成長率（CAGR）を示すと予測しています。市場は、麻の栽培と加工にとってより有利な環境を促進する、麻の環境面での利点に対する認識の高まり、多くの最終産業における麻の用途の多様化など、広範囲にわたる法制度の変化により、着実な成長を遂げています。

産業用ヘンプ市場分析：

  • 市場の成長と規模：市場は大幅な成長局面を迎えており、その主な要因は規制の変化と持続可能性です。市場の拡大は、繊維から医薬品まで、さまざまな産業にわたる幅広い用途によってさらに推進されています。この成長軌道は今後も続くと予想され、今後数年間で市場規模が大幅に拡大すると予測されています。
  • 技術の進歩：麻の栽培と加工技術の革新は、市場の主要促進要因です。特にCBDと麻繊維の抽出技術の進歩により、製品の品質と種類が向上しています。こうした技術改良は効率を高め、バイオプラスチックやバイオ燃料といった新たな市場分野を開拓しています。
  • 産業への応用：産業用ヘンプは、さまざまな産業で応用されています。産業用ヘンプは、繊維製品、建設資材、健康・ウェルネス製品用のCBD原料として広く利用されています。また、飲食品分野では、その栄養価の高さから、麻の実や麻オイルを取り入れるケースが増えています。
  • 主な市場動向：市場の大きな動向は、環境に優しく持続可能な製品に対する消費者の需要の高まりです。この動向は、特に建設や繊維産業において、麻をベースとした素材の技術革新を促しています。健康・ウェルネス分野におけるCBD製品への関心の高まりも重要な動向であり、市場力学に大きな影響を与えています。
  • 地理的動向：北米と欧州が市場をリードする地域であり、その主な理由は良好な規制環境と高い消費者意識です。アジア太平洋も重要な市場として浮上しており、中国やインドなどの国々がヘンプ生産能力を拡大しています。地域によって異なる規制の枠組みが、こうした地理的動向の形成に重要な役割を果たしています。
  • 競合情勢：市場の成長の可能性と多様化を反映し、既存プレーヤーと新規参入プレーヤーが混在しているのが特徴です。競合戦略には、提携、研究開発投資、新しい応用分野への進出がしばしば含まれます。市場競争は、新規参入企業の増加や既存企業の製品ポートフォリオ拡大により、ますます激化しています。
  • 課題と機会：市場には大きな成長機会がある一方で、規制の不整合やヘンプに対する世間の誤解といった課題も依然として存在します。しかし、こうした課題は、市場関係者にとっては、教育的な取り組みや、より統一された規制を提唱するチャンスでもあります。変化する市場情勢は、新たな市場セグメントへの革新と拡大の機会を十分に提供しています。

産業用ヘンプ市場動向：

法改正と政府の支援

市場は大きな成長を遂げているが、その主な原動力となっているのは、各国における法制度の大幅な変更です。さらに、世界各国の政府がヘンプの経済的・環境的可能性をますます認識するようになり、以前はヘンプの栽培や加工を制限していた規制の改正につながっています。このような規制緩和は、特に北米や欧州などの地域で、麻生産の増加を促しています。繊維、建材、食品、飲食品から医薬品に至るまで、麻の用途の広さは、政府の関心をさらに集めています。補助金、助成金、研究資金といった形で強化された支援が、市場の拡大に重要な役割を果たしています。このような政策枠組みの漸進的な変化は、既存のプレーヤーに力を与え、また新規参入者を惹きつけ、市場力学に大きな影響を与えています。

持続可能性と環境へのメリット

産業用ヘンプは持続可能な作物として支持を集めており、環境面で多くのメリットをもたらしています。ヘンプは成長サイクルが早く、農薬や除草剤の必要性が少ないため、従来の作物に代わる環境に優しい作物となっています。炭素を効率的に隔離し、土壌の栄養分を補給し、他の多くの作物よりも少ない水しか使わない麻の能力は、気候変動と環境保護の観点から麻の魅力を高めています。また、麻のバイオマスは、バイオプラスチック、建築資材、バイオ燃料など、さまざまな環境に優しい製品に変換することができ、再生不可能な資源に代わる持続可能な選択肢を提供します。持続可能性とカーボンフットプリントの削減が世界的に重視されるようになったことで、大麻はさまざまな産業でますます好まれる選択肢となり、市場の成長に拍車をかけています。

用途の多様化と技術革新

麻市場は、その用途の多様化と継続的な技術革新により、力強い成長を遂げています。ヘンプの用途は、繊維、建築、飲食品、パーソナルケア、医薬品など幅広い産業に及んでいます。ヘンプの加工技術の革新は、その有用性を拡大し、高品質の繊維、種子、CBDのようなカンナビノイドの抽出を可能にし、多様な用途を持つようになった。ナチュラルでオーガニックな製品に対する消費者の意識と需要の高まりが、健康食品、化粧品、栄養補助食品へのヘンプの利用をさらに後押ししています。さらに、その治療特性からCBDベースの製品への関心が高まっており、健康とウェルネスの分野で新たな道が開かれつつあります。このような多用途性と絶え間ない技術革新により、麻は様々な分野に成長機会をもたらす有利な市場となっています。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界の産業用ヘンプ市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳：タイプ別

  • ヘンプシード
    • 市場動向
    • 市場予測
  • ヘンプオイル
    • 市場動向
    • 市場予測
  • ヘンプ繊維
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第7章 市場内訳：原料別

  • 従来型
    • 市場動向
    • 市場予測
  • オーガニック
    • 市場動向
    • 市場予測

第8章 市場内訳：用途別

  • 飲食品
    • 市場動向
    • 市場予測
  • テキスタイル
    • 市場動向
    • 市場予測
  • パーソナルケア製品
    • 市場動向
    • 市場予測
  • 医薬品
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第9章 市場内訳：地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋地域
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ
    • 市場動向
    • 市場内訳：国別
    • 市場予測

第10章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第13章 価格分析

第14章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Aurora Cannabis
    • Boring Hemp Company
    • Ecofibre Limited
    • Hemp Inc
    • HempFlax Group B.V.
    • Hempro International GmbH
    • MH medical hemp GmbH
    • Parkland Industrial Hemp Growers Co-op. Ltd.
    • South Hemp Tecno srl
    • Valley Bio Limited
図表

List of Figures

  • Figure 1: Global: Industrial Hemp Market: Major Drivers and Challenges
  • Figure 2: Global: Industrial Hemp Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Industrial Hemp Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Industrial Hemp Market: Breakup by Type (in %), 2023
  • Figure 5: Global: Industrial Hemp Market: Breakup by Source (in %), 2023
  • Figure 6: Global: Industrial Hemp Market: Breakup by Application (in %), 2023
  • Figure 7: Global: Industrial Hemp Market: Breakup by Region (in %), 2023
  • Figure 8: Global: Industrial Hemp (Hemp Seed) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 9: Global: Industrial Hemp (Hemp Seed) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 10: Global: Industrial Hemp (Hemp Oil) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Industrial Hemp (Hemp Oil) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Industrial Hemp (Hemp Fiber) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Industrial Hemp (Hemp Fiber) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Industrial Hemp (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Industrial Hemp (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Industrial Hemp (Conventional) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Industrial Hemp (Conventional) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Industrial Hemp (Organic) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Industrial Hemp (Organic) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Industrial Hemp (Food and Beverages) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Industrial Hemp (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Industrial Hemp (Textiles) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Industrial Hemp (Textiles) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: Global: Industrial Hemp (Personal Care Products) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Industrial Hemp (Personal Care Products) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Global: Industrial Hemp (Pharmaceuticals) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Global: Industrial Hemp (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: Global: Industrial Hemp (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: Global: Industrial Hemp (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: North America: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: North America: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: United States: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: United States: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: Canada: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: Canada: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: Asia-Pacific: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: Asia-Pacific: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: China: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: China: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: Japan: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: Japan: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: India: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: India: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: South Korea: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: South Korea: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: Australia: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: Australia: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: Indonesia: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: Indonesia: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: Others: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: Others: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: Europe: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: Europe: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: Germany: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: Germany: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: France: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: France: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: United Kingdom: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: United Kingdom: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: Italy: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: Italy: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: Spain: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: Spain: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: Russia: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: Russia: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: Others: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: Others: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: Latin America: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: Latin America: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 70: Brazil: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 71: Brazil: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 72: Mexico: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 73: Mexico: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 74: Others: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 75: Others: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 76: Middle East and Africa: Industrial Hemp Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 77: Middle East and Africa: Industrial Hemp Market: Breakup by Country (in %), 2023
  • Figure 78: Middle East and Africa: Industrial Hemp Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 79: Global: Industrial Hemp Industry: SWOT Analysis
  • Figure 80: Global: Industrial Hemp Industry: Value Chain Analysis
  • Figure 81: Global: Industrial Hemp Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Industrial Hemp Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Industrial Hemp Market Forecast: Breakup by Type (in Million US$), 2024-2032
  • Table 3: Global: Industrial Hemp Market Forecast: Breakup by Source (in Million US$), 2024-2032
  • Table 4: Global: Industrial Hemp Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 5: Global: Industrial Hemp Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 6: Global: Industrial Hemp Market: Competitive Structure
  • Table 7: Global: Industrial Hemp Market: Key Players
目次
Product Code: SR112024A4473

The global industrial hemp market size reached US$ 5.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 19.7 Billion by 2032, exhibiting a growth rate (CAGR) of 15.1% during 2024-2032. The market is experiencing steady growth driven by the extensive changes in legislative landscapes, facilitating a more favorable environment for hemp cultivation and processing, increasing recognition of hemp's environmental benefits, and the diversification of hemp applications across numerous end-use industries.

Industrial Hemp Market Analysis:

  • Market Growth and Size: The market is experiencing a significant growth phase, primarily fueled by regulatory changes and its sustainability profile. The market's expansion is further propelled by its broad range of applications across various industries, from textiles to pharmaceuticals. This growth trajectory is expected to continue, with projections indicating substantial increases in market size over the next few years.
  • Technological Advancements: Innovations in hemp cultivation and processing technologies are key drivers in the market. Advances in extraction techniques, particularly for CBD and hemp fibers, have enhanced product quality and variety. These technological improvements are increasing efficiency and opening up new market segments, such as bioplastics and biofuels.
  • Industry Applications: Industrial hemp has found applications in a diverse range of industries. It is prominently used in textiles, construction materials, and as a source of CBD for health and wellness products. The food and beverage sector are also increasingly incorporating hemp seeds and oil, given their nutritional benefits.
  • Key Market Trends: A significant trend in the market is the rising consumer demand for eco-friendly and sustainable products. This trend is driving innovation in hemp-based materials, particularly in the construction and textile industries. The health and wellness sector's burgeoning interest in CBD products represents another key trend, influencing market dynamics significantly.
  • Geographical Trends: North America and Europe are leading regions in the market, largely due to favorable regulatory environments and high consumer awareness. Asia-Pacific is also emerging as a significant market, with countries such as China and India expanding their hemp production capacities. The variations in regulatory frameworks across regions play a crucial role in shaping these geographical trends.
  • Competitive Landscape: The market is characterized by a mix of established players and new entrants, reflecting the market's growth potential and diversification. Competitive strategies often involve partnerships, research and development investments, and expansions into new application areas. The market is becoming increasingly competitive as more companies enter and existing ones expand their product portfolios.
  • Challenges and Opportunities: While the market offers substantial growth opportunities, challenges such as regulatory inconsistencies and public misconceptions about hemp still exist. However, these challenges also present opportunities for market players to engage in educational initiatives and advocate for more uniform regulations. The changing landscape offers ample opportunities for innovation and expansion into new market segments.

Industrial Hemp Market Trends:

Legislative changes and government support

The market has seen significant growth, primarily driven by the extensive changes in legislative landscapes across various countries. Additionally, governments worldwide are increasingly recognizing hemp's economic and environmental potential, leading to amendments in regulations that previously restricted hemp cultivation and processing. This regulatory relaxation, particularly in regions like North America and Europe, is facilitating a rise in hemp production. The crop's versatility in applications ranging from textiles, construction materials, food, and beverages, to pharmaceuticals further attracts government interest. Enhanced support in the form of subsidies, grants, and research funding is playing a crucial role in fostering the market's expansion. This progressive shift in policy frameworks empowered existing players and also attracted new entrants, significantly impacting the market dynamics.

Sustainability and environmental benefits

Industrial hemp is gaining traction as a sustainable crop, offering numerous environmental benefits, which is a vital factor driving its market growth. Hemp's rapid growth cycle and minimal requirement for pesticides and herbicides make it an eco-friendly alternative to traditional crops. Its ability to sequester carbon effectively, replenish soil nutrients, and use less water than many other crops enhances its appeal in the context of climate change and environmental conservation. Along with this, hemp's biomass can be converted into a variety of eco-friendly products, including bioplastics, building materials, and biofuels, providing a sustainable alternative to non-renewable resources. The growing global emphasis on sustainability and reducing carbon footprints is positioning it as an increasingly preferred choice for various industries, thereby fueling market growth.

Diversification in application and innovation

The market is witnessing robust growth due to the diversification of its applications and ongoing innovations. Hemp's utility spans a wide array of industries, including textiles, construction, food and beverages, personal care, and pharmaceuticals. Innovations in hemp processing technologies have expanded its usability, enabling the extraction of high-quality fibers, seeds, and cannabinoids like CBD, which have diverse applications. The increasing consumer awareness and demand for natural and organic products have further propelled hemp's incorporation in health foods, cosmetic products, and nutraceuticals. Moreover, the growing interest in CBD-based products, due to their therapeutic properties, is opening new avenues in the health and wellness sector. This versatility and continuous innovation make it a lucrative market, with opportunities for growth across various sectors.

Industrial Hemp Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on type, source and application.

Breakup by Type:

  • Hemp Seed
  • Hemp Oil
  • Hemp Fiber
  • Others

Hemp seed dominates the market

The report has provided a detailed breakup and analysis of the market based on the type. This includes hemp seed, hemp oil, hemp fiber, and others. According to the report, hemp seed represented the largest segment.

Hemp seeds represent the largest segment in the market, primarily attributed to their nutritional value and versatility in applications. These seeds are a rich source of essential fatty acids, protein, and various minerals, making them highly sought after in the food and beverage industry. They are used in a variety of products, including hemp seed oil, protein powder, and as a health-focused ingredient in snacks and beverages. Additionally, the growing consumer interest in plant-based diets and natural health products is amplifying the demand for hemp seeds. Moreover, the use of hemp seeds in animal feed is an emerging area, expanding the segment's market potential.

On the other hand, the hemp oil segment is gaining significant traction due to its diverse health and cosmetic applications. Extracted primarily from the seeds of the hemp plant, this oil is known for its high omega-3 and omega-6 fatty acid content, making it a popular ingredient in nutritional supplements. In the cosmetics industry, hemp oil is valued for its moisturizing properties and is increasingly featured in skincare and haircare products. The rise in consumer awareness regarding the benefits of natural and organic personal care products is a key factor driving the growth of this market segment.

In addition, hemp fiber, derived from the stalks of the hemp plant, is highly regarded for its strength, durability, and sustainability. This segment caters mainly to the textile and construction industries. In textiles, hemp fibers are used to create a variety of fabrics, offering an eco-friendly alternative to cotton and synthetic materials. The construction industry utilizes hemp fibers in the production of biocomposites and insulation materials, capitalizing on their natural properties and environmental benefits. The shift towards sustainable and green building materials is notably propelling the growth of this segment.

Moreover, the 'others' segment in the market encompasses a range of products including cannabinoids like CBD, hemp leaves, and hemp root. CBD, in particular, has garnered immense popularity for its therapeutic properties and is widely used in pharmaceuticals, nutraceuticals, and wellness products. The diversification in applications, driven by continuous research and development, positions this segment as a dynamic and rapidly expanding part of the market.

Breakup by Source:

  • Conventional
  • Organic

Conventional dominates the market

A detailed breakup and analysis of the market based on the source have also been provided in the report. This includes conventional and organic. According to the report, conventional represented the largest segment.

The conventional segment dominates the industrial hemp market, primarily due to its widespread cultivation practices and lower production costs compared to organic varieties. Conventional hemp cultivation relies on traditional farming methods, including the use of chemical fertilizers and pesticides, to ensure high yield and pest resistance. This segment caters to a broad range of industrial applications, from textiles and construction materials to food products and cosmetics. Along with this, the ease of availability and cost-effectiveness of conventionally grown hemp make it a preferred choice for many manufacturers, particularly in regions where organic farming practices are not extensively adopted or regulated.

On the contrary, the organic segment of the market, though smaller compared to the conventional segment, is experiencing rapid growth. This growth is driven by increasing consumer awareness about the health and environmental benefits of organically produced goods. Organic hemp is cultivated without synthetic fertilizers or pesticides, making it a safer and more sustainable option for consumers and the environment. This segment primarily targets health-conscious consumers and industries focused on natural and eco-friendly products, including organic food, natural personal care, and sustainable textiles. The premium price of organic hemp products, reflective of their higher production costs and stringent certification processes, is often offset by the growing demand among consumers who prioritize organic quality and environmental responsibility.

Breakup by Application:

  • Food and Beverages
  • Textiles
  • Personal Care Products
  • Pharmaceuticals
  • Others

Food and beverages dominate the market

The report has provided a detailed breakup and analysis of the market based on the application. This includes food and beverages, textiles, personal care products, pharmaceuticals, and others. According to the report, food and beverages represented the largest segment.

The food and beverages segment is the largest in the market, driven by the growing consumer demand for healthy, natural, and nutrition-rich products. Hemp seeds and oil are incorporated into various food products due to their high content of proteins, essential fatty acids, and vitamins. These include hemp-based milk, protein powders, bars, and cooking oils, which cater to the rising popularity of plant-based diets and health-conscious eating habits. The beverage industry also utilizes hemp in the production of specialty teas and hemp-infused drinks, appealing to consumers seeking functional and wellness-oriented beverages. Additionally, the expansion of this segment is further supported by continuous product innovation and an increasing number of retail channels offering hemp-based food and beverage products.

On the other hand, the textiles segment capitalizes on the strength, durability, and sustainability of hemp fibers. Hemp textiles are gaining popularity as an eco-friendly alternative to cotton and synthetic fabrics, appealing to the growing market for sustainable fashion. Hemp fibers are used in the production of a wide range of clothing items, home furnishings, and accessories. This segment benefits from hemp's minimal environmental impact, as it requires less water and no pesticides to grow compared to traditional textile crops such as cotton. The increasing consumer awareness and preference for environmentally responsible products are key factors driving the growth of this market segment.

Additionally, in the personal care products segment, hemp oil and extracts are highly valued for their nourishing and moisturizing properties. Hemp is incorporated into a variety of skincare, haircare, and cosmetic products, appealing to consumers seeking natural and organic personal care solutions. The segment is bolstered by the perception of hemp as a wellness ingredient, along with its anti-inflammatory and antioxidant properties. In addition, the growing trend towards clean beauty and the use of plant-based ingredients in personal care products is significantly contributing to the expansion of this segment.

Apart from this, the pharmaceuticals segment leverages the therapeutic properties of cannabinoids, particularly CBD, derived from hemp. CBD is used in various medicinal products for its potential benefits in treating conditions such as pain, anxiety, and neurological disorders. The segment is experiencing growth due to ongoing research and increasing acceptance of hemp-based medicines.

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Asia Pacific leads the market, accounting for the largest industrial hemp market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

The Asia Pacific region holds the largest share of the market, a status attributed to extensive hemp cultivation and historical usage in countries such as China and India. This region benefits from favorable climatic conditions for hemp farming and a long-standing tradition of utilizing hemp in various applications, including textiles, food products, and traditional medicines. China, being a major producer, significantly contributes to the region's dominance in both cultivation and exports of hemp products. The growing industrialization, coupled with increasing awareness of hemp's health and environmental benefits, continues to drive market growth in this region.

In North America, the market has witnessed substantial growth following the legalization of hemp cultivation in the United States and Canada. This growth is characterized by the rising demand for hemp-derived products, especially in the food and beverage, personal care, and health and wellness sectors. The market in this region is also benefiting from advanced agricultural technologies, increasing investment in hemp research, and a strong presence of key market players. Consumer awareness and demand for sustainable and eco-friendly products further contribute to the market growth in North America.

In addition, Europe's market is driven by supportive regulatory frameworks, particularly in countries such as France, Germany, and the Netherlands, which are key producers in the region. The European market focuses on a wide array of hemp applications, from automotive and construction materials to pharmaceuticals and cosmetics. The region's strong emphasis on environmental sustainability and natural products plays a significant role in propelling the demand for hemp-based products. Moreover, the growing acceptance and use of CBD, coupled with the European Union's support for hemp cultivation, are key factors contributing to the market's growth in this region.

Apart from this, the market in Latin America is in a nascent stage but shows potential for significant growth. Countries like Uruguay and Colombia have taken progressive steps in legalizing and regulating hemp cultivation, setting the stage for market development. The region's favorable climatic conditions for hemp farming and the gradual shift in regulatory policies are likely to boost production and market expansion.

In the Middle East and Africa, the market is still relatively small and underdeveloped compared to other regions. The market in this region could expand due to increasing awareness of hemp's benefits and potential applications in textiles, construction, and other industrial uses.

Leading Key Players in the Industrial Hemp Industry:

Key players in the market are actively engaging in various strategic initiatives to strengthen their market position and capitalize on the growing demand for hemp products. These strategies include investment in research and development to innovate and improve product quality, particularly in areas such as CBD extraction and hemp fiber processing. Mergers and acquisitions are also a common tactic, allowing companies to expand their market reach and diversify their product portfolios. Additionally, collaborations with other industries and sectors are being pursued to explore new applications of hemp. These companies are also increasingly focused on sustainability practices, recognizing the market's shift towards environmentally friendly products. Moreover, to navigate the complex and varying regulatory landscapes, key players are actively participating in advocacy and educational efforts to promote the benefits of industrial hemp and influence policy changes.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

  • Aurora Cannabis
  • Boring Hemp Company
  • Ecofibre Limited
  • Hemp Inc
  • HempFlax Group B.V.
  • Hempro International GmbH
  • MH medical hemp GmbH
  • Parkland Industrial Hemp Growers Co-op. Ltd.
  • South Hemp Tecno srl
  • Valley Bio Limited

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

  • February 15, 2023: Hemp Inc announced the sale of its largest-ever industrial product. DrillWallTM, the only all-natural kenaf/hemp Loss Circulation Material (LCM) mix of its sort on the market, was transported by four semi-trucks in a shipment of 120,000 pounds for the oil and gas well drilling sectors.
  • September 15, 2022: Ecofibre Limited formally introduced Green II Gold, a ground-breaking new CBD-based skincare range. The first skincare line, Green II Gold, was created from the ground up to combine clinical strength, full spectrum hemp extract from Ananda Professional with robust botanical-based ingredients to provide professional-level products for spas and salons.
  • May 28, 2020: Aurora Cannabis and Reliva, LLC stated that they signed a contract under which Aurora will buy all of Reliva's issued and outstanding membership interests.

Key Questions Answered in This Report

  • 1. What was the size of the global industrial hemp market in 2023?
  • 2. What is the expected growth rate of the global industrial hemp market during 2024-2032?
  • 3. What has been the impact of COVID-19 on the global industrial hemp market?
  • 4. What are the key factors driving the global industrial hemp market?
  • 5. What is the breakup of the global industrial hemp market based on the type?
  • 6. What is the breakup of the global industrial hemp market based on the source?
  • 7. What is the breakup of the global industrial hemp market based on the application?
  • 8. What are the key regions in the global industrial hemp market?
  • 9. Who are the key players/companies in the global industrial hemp market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Industrial Hemp Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Hemp Seed
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Hemp Oil
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Hemp Fiber
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Others
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Source

  • 7.1 Conventional
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Organic
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Food and Beverages
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Textiles
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Personal Care Products
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Pharmaceuticals
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Others
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Aurora Cannabis
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
    • 14.3.2 Boring Hemp Company
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 Ecofibre Limited
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 Hemp Inc
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 HempFlax Group B.V.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
    • 14.3.6 Hempro International GmbH
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
    • 14.3.7 MH medical hemp GmbH
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Parkland Industrial Hemp Growers Co-op. Ltd.
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 South Hemp Tecno srl
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Valley Bio Limited
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio