Global Industrial Hemp Market shares industry analysis, current trends, and market forecast 2019 in the latest study

Press Release

The Global Industrial Hemp Market is expected to reach a value of US$ 14.76 Billion by 2026. The market is projected to expand at a CAGR of more than 14%, during the forecast period.

Growth Factors

Expanding authorization in the development of industrial hemp and utilitarian properties of hemp seed and hemp seed oil are anticipated to drive the development of the industrial hemp market. The industrial hemp market is driven by variables, for example, expanding sanctioning in the development of industrial hemp, practical properties of hemp seed and hemp seed oil, and their expanded use in various nourishment applications, and an expanding number of ceaseless ailments.

Global Industrial Hemp Market: Report Scope

  • By Type
    • Hemp Seed Oil
    • Hemp Seed
    • Hemp Fiber
    • CBD Hemp Oil
    • Other Types
  • By Source
    • Hemp Seed Oil
    • Hemp Seed
    • Hemp Fiber
    • CBD Hemp Oil
    • Other Types

Global Industrial Hemp Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the Global Industrial Hemp Market. Some of the key players profiled in the report include:

  • Dun Agro Hemp Group
  • Hemp Poland (Poland)
  • Colorado Hemp Works (US)
  • Canah International (Romania)
  • South Hemp Tecno (Italy)
  • Plains Industrial Hemp Processing (Canada)and MH Medical Hemp (Germany)
  • Hempco (Canada)
  • Ecofibre (Australia)
  • GenCanna (US)
  • HempFlax BV (Netherlands)
  • Konoplex Group (Russia)
  • Hemp Oil Canada (Canada)
  •  BAFA (Germany)
  • Westleaf Inc.
  • Xabis
  • Bombay Hemp Company
  • B.E Hemp
  • Hempco Food & Fiber Inc.


Global Industrial Hemp Market was analyzed in detail and the market is fragmented into various regions to calculate the market share more accurately by considering various market factors on the basis of geography, such as:

North America

  • U.S.
  • Canada
  • Rest of North America

Latin America

  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America

Asia Pacific (APAC)

  • India
  • China
  • Japan
  • Rest of APAC


  • Germany
  • Italy
  • Finland
  • Denmark
  • Norway
  • France
  • U.K.
  • Rest of Europe

Middle East & Africa (MEA)

  • GCC
  • South Africa
  • North Africa
  • Rest of Middle East & Africa

Why to purchase this report

  1. The report would provide an in-depth analysis on the current and future market trends
  2. Analysis on global, regional and country level markets
  3. Key strategic initiatives taken by major players operating in the market along with ranking analysis for the key players
  4. Analysis based on historical information along with the current trends to estimate the future of the market
  5. Analysis of the impact of constantly changing global market scenarios

To conduct a market study in-depth, Report Ocean adopted various market research tools, and following a traditional research methodology is one of them, data and other qualitative parameters were analyzed by adopting primary and secondary research methodology, which were explained in detail, as follows:

Primary Research

In primary research process, information was collected on primary basis by:

  • Face to Face Interview
  • Survey
  • Group Discussion
  • Other Methods

Basic information details were collected to collect quantitative and qualitative data, based on different market parameters, the data was organized and analyzed from both demand and supply side of the market.

Secondary Research

For secondary research, various authentic web-sources and research papers/white papers were considered to identify and collect information and market trends. The data collected from secondary sources help to calculate the pricing models, business models of various companies along with current trends, market sizing, and company initiatives. Along with these open-available sources, company also collect information from various paid databases that are extensive in terms of information in both qualitative and quantitative manner.

Research by other methods:

Report Ocean follows other research methodologies along with traditional methods to compile the 360-degree research study that is majorly customer-focused and involve a major company contribution with research team. The client specific research provides the market sizing forecast and analyzed the market strategies that is focused on client-specific requirements to analyze the market trends, and forecasted market developments. Company’s estimation methodology leverages the data triangulation model that cover the major market dynamics and all supporting pillars. The detailed description of research process includes data mining is an extensive step of research methodology. It helps to obtain the information through reliable sources. The data mining stage includes both primary and secondary information sources.

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