Market Overview:

The industrial hemp market is experiencing robust growth as demand for sustainable, eco-friendly materials continues to rise across various industries. Industrial hemp, a variety of the Cannabis sativa plant, is being utilized in a wide range of applications, including textiles, construction materials, food products, personal care products, and biofuels. Unlike marijuana, industrial hemp contains less than 0.3% THC, the psychoactive compound in cannabis, making it an attractive option for a variety of industrial uses.

The market has gained momentum over the past few years, thanks to growing awareness abo

Global Industrial Hemp Market Size, Share & Growth Analysis Report, 2022-2030
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Global Industrial Hemp Market Size, Share & Growth Analysis Report, 2022-2030

Global Industrial Hemp Market is anticipated to grow at a CAGR of 21.6% during the forecast period, with an estimated size and share exceeding USD 32,932.6 million by 2030, according to projections.