Industrial hemp has several environmental and nutritional benefits. It is a rich source of poly-saturated fats, poly-saturated fatty acids, amino acids omega-3, omega-6, plant-based protein, and dietary fiber. Hemp oil obtained from cannabis seeds contains large amounts of antioxidants which is has several benefits in hair, skin and beauty applications. It also has potential for treating tumors, reducing the likelihood of diabetes and relieves stiffness and pain, including chronic pain which is an important factor in the rising demand. —
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Global Industrial Hemp Market may exceed USD 270 million by 2025; according to a new research report. Rising health concerns along with changing lifestyle patterns and growing consumer awareness related to bio-based products may stimulate industrial hemp demand. Hemp-based products are utilized & marketed across various application segments including food & beverages, personal care, textiles, bio-composites, building materials among several others owing to changing government policies and consumer awareness promoting healthy lifestyles.
Industrial hemp fibers market from pulp & paper applications was valued at over USD 43 million in 2018. Industrial hemp is a fast-growing crop and has the potential to reduce deforestation on account of fast growth and high yield of hemp crops. European countries such as France, Spain, Germany have well established hemp-based pulp & paper industry where over 50% of hemp fibers were consumed by paper industry in 2018.
North America hemp shives market from building material applications may witness growth of around 3% over the forecast period. The product along with lime forms building material known as hempcrete which is used for floor slabs, ceiling insulation, and as internal coating for in renovating old buildings. Hempcrete when used as building material improves strength and water resistance while providing more insulating and lightweight mixture. Growing demand for sustainable building materials across the region is projected to drive industrial hemp market.
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Global industrial hemp seeds market from food & beverage applications is projected to witness growth of over 5% during the forecast period. Rapid growth in demand for dietary supplements in North America, Europe and Asia with increasing focus on healthy lifestyle, fitness & deficiency of fatty acids, vitamins, minerals causing illness situations is attracting consumers towards hemp-based food products.
Industrial hemp industry is highly fragmented with several countries have recently legalized cultivation. The market players lack well established infrastructure to achieve economies of scale. However, Canada, China, France have long established networks of producers, supply chain and manufacturing facilities to deliver products in the marketplace. The situation has major impact on hemp imports while creating competitive environment between domestic and international market.
Table of Content:
Chapter 1 Methodology & Scope
1.2 Definition and forecast parameters
1.3 Market estimates & forecast parameters
1.4 Data Sources
18.104.22.168 Paid Sources
22.214.171.124 Public Sources
Chapter 2 Executive Summary
2.1 Industrial hemp industry 360 degree synopsis, 2019 - 2025
2.1.1 Business Trends
2.1.2 Regional trends
2.1.3 Product trends
Chapter 3 Industrial Hemp Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014 - 2025
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
126.96.36.199 Technology Providers
3.4 Innovation & sustainability
3.5 Regulatory landscape
188.8.131.52 Farm Bill 2018
184.108.40.206 Implementing the Agriculture Improvement Act of 2018
Chapter 4. Industrial Hemp Market, By Product
Chapter 5. Industrial Hemps Market, By Region
Chapter 6. Industrial Hemp Market Company Profiles
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Global Industrial Hemp in Automotive Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024
This report focuses on the Industrial Hemp in Automotive in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Industrial hemp is varieties of Cannabis sativa that have a tetrahydrocannabinol (THC) content generally below 0.35 percent.
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