Hemp, or industrial hemp, typically found in the northern hemisphere, is a variety of the Cannabis sativa plant species that is grown specifically for the industrial uses of its derived products. It is one of the fastest growing plants and was one of the first plants to be spun into usable fiber 10,000 years ago.The global average price of Hemp is in the increasing trend, from 16.13 USD/Unit in 2013 to 19.75 USD/Unit in 2017. With the situation of global economy, prices will be in increasing trend in the following five years.

The classification of Hemp includes Hemp Seeds, Hemp Oil, Hemp Protein, Soft Gel Caps and Other, and the proportion of hemp seeds and hemp oil is in the similar level in 2017, the exact number is 34.21%, 34.98%, respectively.Hemp is widely used in Supermarkets, Convenience Stores and Others. The most proportion of Hemp is supermarkets, and the proportion in 2017 is about 48%.According to this study, over the next five years, the Hemp market will register a 22.9% CAGR in terms of revenue, the global market size will reach US$ 2780 million by 2024, from US$ 990 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hemp business, shared in Chapter 3.

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This report presents a comprehensive overview, market shares, and growth opportunities of Hemp market by product type, application, key manufacturers and key regions and countries.This study considers the Hemp value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

• Hemp Seeds
• Hemp Oil
• Hemp Protein
• Soft Gel Caps

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

• Supermarkets
• Convenience Stores
• Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Spain
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

• Manitoba Harvest
• CW Hemp/CW Botanicals
• Aphria
• Canopy Growth Corporation
• Nutiva
• Agropro
• CV Sciences
• Isodiol
• ENDOCA
• Jinzhou Qiaopai Biotech
• North American Hemp & Grain Co
• Yunnan Industrial Hemp
• GFR Ingredients Inc
• Hempco
• Yishutang
• Naturally Splendid
• BAFA neu GmbH
• Aos Products
• Suyash Herbs

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

• To study and analyze the global Hemp consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
• To understand the structure of Hemp market by identifying its various subsegments.
• Focuses on the key global Hemp manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Hemp with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Hemp submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of content

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Hemp Consumption 2014–2024
2.1.2 Hemp Consumption CAGR by Region

3 Global Hemp by Players
3.1 Global Hemp Sales Market Share by Players
3.1.1 Global Hemp Sales by Players (2017–2019)
3.1.2 Global Hemp Sales Market Share by Players (2017–2019)

Key Que Answered in this report:

1. What will the Hemp Market?
2. What are the key factors driving the Global Hemp Market?
3. What are the key market trends in the Hemp Market?
4. improve pasting the growth of these Hemp Market?
5. What are the challenges to the Hemp Market?
6. What are the market opportunities and threats faced by the vendors in the Global Hemp Market?
7. What are the key outcomes of the five forces analysis of the Hemp Market?

What is our report offers:

Strategic suggestions and proposals for the beginners to understand
Assessments of the market share from different countries and regions were conducted
Top key market players, market share analysis included.
The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.
The competitive landscaping mappings of the ongoing trends are discussed.
Based on the market estimations, the strategic recommendations are made in the business segments

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