Hemp-based Products Market Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2024-2030
Global Hemp-based Products Market Overview
The global Hemp-based Products market size was valued at US$ 7.2 Bn. in 2023 and is projected to reach US$ 20.5 Bn. 2030, growing at a CAGR of 22.1% during the forecast period.
Market Overview
The report on the "Hemp-based Products Market" aims to provide current market insights and assist decision-makers in making informed investment choices. It offers a thorough analysis of the global Hemp-based Products market, segmented by product type, application, key manufacturers, and several key regions.
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Market Scope
The research examines the growth prospects, constraints, and market dynamics of the Hemp-based Products market. It utilizes Porter's five forces analysis to evaluate the impact of various factors on Hemp-based Products market trends, including supplier bargaining power.
Drivers and Restraints
The report covers the major drivers and restraints influencing the Hemp-based Products market.
Segmentation
by Product Type
Hemp oil
Seeds
Fibres
Protein
CBD-infused
by Application
Food and drinks
Textiles
Personal care
Pharmaceuticals
Others
by Source
Organic
Conventional
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Key Players
1. Charlotte's Web (Colorado)
2. HempMeds (South Carolina)
3. Lazarus Naturals (Oregon)
4. Endoca (Denmark)
5. CBDfx (Nevada)
6. Joy Organics (Colorado)
7. Green Roads (Florida)
8. Royal CBD (Nevada)
9. NuLeaf Naturals (Colorado)
10. CBDistillery (Colorado)
11. HempFlax (Netherlands)
12. Hemptiva (India)
13. Hempura (India)
14. Lord Jones (New York)
15. Medterra (Arizona)
16. CBD American Shaman (Washington)
17. FabCBD (California)
18. CBDMD (Florida)
19. PureKana (Arizona)
20. CBD For Life (Nevada)
21. Blessed CBD (United Kingdom)
22. Hempika (Poland)
23. CBD Therapy (Brazil)
24. Hemp.Direct (Australia)
25. Green Lotus Hemp (Argentina)
26. Hemp Bombs (Nevada)
27. CBD Pure (United Kingdom)
Regional Analysis
The report evaluates the global Hemp-based Products market across the following regions:
- North America : United States, Canada
- European Union : Germany, France, United Kingdom, Russia
- Asia-Pacific : China, Japan, Korea, India, Southeast Asia, Australia
- Latin America : Brazil, Argentina, Colombia
- Middle East & Africa : Saudi Arabia, UAE, Egypt, South Africa
COVID-19 Impact Analysis on Hemp-based Products Market
The COVID-19 pandemic has had significant global repercussions on the Hemp-based Products market in 2021. The outbreak has led to various impacts, including flight cancellations, travel bans and quarantines, restaurant closures, and restrictions on indoor and outdoor events. Additionally, there has been a declaration of a state of emergency in over thirty countries, a massive slowdown in the supply chain, stock market declines, business downturns, increased public panic, and uncertainty about the future.
Key Questions Addressed in the Hemp-based Products Market Report
- What key trends are likely to emerge in the Hemp-based Products market during the forecast period?
- What will be the size of the Hemp-based Products market by 2027?
- Which company held the largest share in the Hemp-based Products market in 2020?
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