Industrial Hemp Market Worldwide Overview by Industry Size, Future Trends, Growth Factors
The Global Industrial Hemp Market was estimated at USD 5.3 billion in 2022, and is projected to reach USD 22.49 billion by 2030, growing at a CAGR of 19.8%. Industrial Hemp plant is a stout, annual, aromatic herb cultivated for its best fibre and edible seeds. The plant is strong, tough, and long-lasting and is mostly used for cordage, e.g., twine, rope, yarn, cable, string, and artificial...
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