Credence Research’s latest report “Hemp Oil Market: Global Industry Analysis and Operational Strategies” discusses the deal-making activity during the past five years and in-depth analysis of the key deals involving more than 40 public and privately held CROs. The operational strategies adopted by key players in recent years have been listed. A heatmap analysis of the key companies was done based on their firm utilization and capital management.

The report firstly introduced the Hemp Oil basics: definitions, classifications, applications, and industry chain overview; industry policies and zplans; product specifications; manufacturing processes; cost structures and so on.Then it analyzed the world's main region market states, including the product price, profit, capacity, production, capacity utilization, supply, trade and industry growth rate etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

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Market Insights

The global hemp oil market accounted for US$ 80.67 Mn in 2017 and expected to reach US$ 1,253.95 Mn by 2026, expanding at a CAGR of 35.8% from 2018 to 2026. Hemp oil refers to the oil obtained by pressing the seeds of hemp. Extracted oil mainly used in skin care products, although industrial hemp oil used in production of paints, lubricants, fuel and plastics. Presence of nutrients, essential fatty acids and antioxidants are perfect for skin; makes it ideal for healing and massage treatments. Moreover, medicinal benefits derived from the hemp oil expected to accelerate the demand for hemp oil based products.

The global hemp oil market has several changes in recent years and expected to change significantly in the near future due to developments in production sources, shifts in consumer preferences adjustments to trade policy settings. Hemp oil is gaining significant adoption among food & beverages industry and as well as in personal care products across the globe.

Hemp oil provides relief from chronic pain, sleep disorders, anxiety, and nerve pain among others. Health benefits obtained from hemp are resulting in rise of the demand for hemp oil in recent years. Additionally, expansion of the online distribution channel is also a major factor, which is accelerating the growth of the global hemp oil market.

The market has been segmented based on different product types and applications. Hemp seed oil dominated the global market owing to presence of nutrients, fatty acids in the oil and it can help to prevent major diseases such as cancer, diabetes and inflammation. Hemp oil is source of plant based protein and provides relief from anti-inflammatory conditions reduces cholesterol and promote proper health of the heart.

Based on application, pharma and nutraceuticals dominated the market owing to the medicinal benefits obtained from hemp seed oil. For instance, hemp oil cures cancer without creating any side effects. The medical science strongly is in favor of hemp oil as the primary therapy for cancer

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Companies mentioned in the report are (Leading Players)

Key market players in the global Hemp Oil market include Aker BioMarine AS, Azantis Inc.,Daeduck FRD Inc., Enzymotec Ltd., Neptune Wellness Solutions, Norweigan Fish Oil, NutriGold Inc., NWC Naturals Inc., Olympic Seafood AS, Qingdao Kangjing Marine, Biotechnology Co Ltd., RB LLC. and Rimfrost AS. Among others.

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Report Focus:

The ‘Hemp Oil - Global Trends, Estimates, and Forecasts, 2018-2026’ reviews the latest trends in this industry with a perceptive to identify the near-future growth prospects. The Hemp Oil industry is a fragmented market with multiple participants, opens up numerous investment opportunities. An in-depth analysis across the geographic regions provides strategic business intelligence for the industry investments. The Hemp Oil report study offers profitable investment strategies for R&D organizations, manufacturing units, distributors, Contract Research Organizations (CROs) and many more in preferred locations.

The report primarily focuses on:

•    Latest Hemp Oil Market Trends

•    Region-wise Demand Factor

•    Key Growth Areas

•    Hemp Oil Market Sizes

•    Key Competitors Edge

•    Investment Strategies

Scope

The scope of the Hemp Oil report includes:

-Overview of key reasons behind outsourcing, outsourcing service models

-Examples of operational strategies

-Global deals analysis by type and value

-Major acquisitions and partnerships

-Regional analysis of North America, Europe, Asia-Pacific and Emerging markets

-Company benchmarking based on heat map analysis

-Vendor positioning

-SWOT analysis and profiles of key players

Reasons to Buy

The Hemp Oil market report will enhance your decision-making capability by allowing you to:

-Identify the top players in the CRO market, financial revenues and key services offered

-Analyze the key geographies that are lucrative markets for deal-making, market-entry and market expansion strategies

-Analyze the trends in acquisitions, licensing and other types of deals and explore potential investment opportunities

-Understand the operational strategies of key players

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