Industrial Hemp Market Growth Prospects, Size, Share, Demand and Current Trends Analysis by 2030 The global industrial hemp market size was valued at USD 6.63 billion in 2022. The market is projected to expand from USD 7.90 billion in 2023 to USD 31.98 billion by 2030 at a CAGR of 22.11% over the estimated period. The surge is driven by the increasing product demand across various applications. These include textiles, dietary supplements, foods, and food and beverage sectors. Leading Players Featured in the Research Report: Companies leading in Industrial Hemp Market Are Fresh Hemp Foods Ltd. (Canada), IND HEMP, LLC. (U.S.), Blue Sky Hemp Ventures (Canada), Panda Biotech, LLC (U.S.), Hemp Republic (India), South Hemp Tecno Srl (Italy), HEMP FACTORY (Germany), East Mesa (U.S.), DON Processing, Inc. (U.S.), HempFlax Group B.V. (Netherlands) Browse Detailed Summary of Research Report with TOC: https://www.fortunebusinessinsights.com/industrial-hemp-market-102459 Segmentation: Conventional Segment to Register Notable Expansion Impelled by Soaring Affordability On the basis of source, the market is subdivided into conventional and organic. The conventional segment is poised to grow at a considerable pace over the forecast period. The growth is propelled by the increasing product deployment in furniture, biofuels, bioplastics, and construction and materials sectors. Hemp Fiber to Gain Traction Owing to Surging Application Based on type, the market for industrial hemp is fragmented into hemp seed oil, hemp seed, hemp fiber, and others. The hemp fiber segment accounted for a dominating share in the global market and is set to register substantial growth throughout the study period. The rise is impelled by surging product adoption across an array of industries such as paper, automotive, and textile. Textile Segment to Lead Due to Rising Adoption of Sustainable Practices On the basis of application, the market is segmented into personal care & cosmetics, food (dietary and functional foods), pharmaceuticals, beverages, and others. The textile segment held a dominating share of the market and is poised to register an appreciable surge over the anticipated period. The expansion is on account of escalating consumer awareness regarding climate and environmental change. Based on geography, the market for industrial hemp has been studied across Europe, North America, Asia Pacific, South America, and the Middle East & Africa. Drivers and Restraints: Surge in Market Value Driven by Growing Government Support and Escalating Legalization Industrial hemp market growth is being driven by the increasing government support regarding the cultivation of the product. Hemp cultivation is further favored by soaring legalization in various countries. However, the industry expansion could be hampered by strict regulations regarding the sale, marketing, and cultivation of the product in some countries. Regional Insights: Europe is dominating the Consumption of Industrial Hemp owing to Growing Legalization Europe industrial hemp market share is touted to grow at a considerable pace over the study period. The surge is propelled by the surging product usage across an array of end-user sectors such as pharmaceuticals, cosmetics, construction materials, textiles, and others. In North America, the U.S. and Canada dominate the market for industrial hemp. Meanwhile, demand across the Asia Pacific is slated to surge as awareness about the industrial uses of hemp rises. Competitive Landscape: Key Companies Ink Collaborations for Footprint Expansion Leading industry participants are formulating and implementing a series of strategic initiatives for strengthening their business positions. These include acquisitions, merger agreements, partnerships, and others. Additional steps include the formation of alliances, R&D activities, and the launch of new products. Key Industry Development: March 2020 – The Uzbekistan government legalized cannabis cultivation. The license was assigned to cultivators with a THC (tetrahydrocannabinol) level of less than 0.2%.

Acromegaly And Gigantism Treatment Market Growth Trends Analysis and Dynamic Demand, Forecast 2018 to 2030 Acromegaly and gigantism are rare hormonal disorders that are caused by an excess of growth hormone in the body. Get details :- https://wemarketresearch.com/reports/acromegaly-and-gigantism-treatment-market/1039/

Dental Consumables Market Industry Statistics and Growth Trends Analysis Forecast 2017 - 2032 In 2022, the market for Dental Consumables worldwide was worth $ 36.2 billion US dollars. We Market Research projects that the market will reach $ 57 billion by 2033, growing at a CAGR of 9.30 % between 2023 and 2033. Get A Report Copy of this Market: https://wemarketresearch.com/reports/dental-consumables-market/1181/

EClinical Solutions Market Industry Statistics and Growth Trends Analysis Forecast 2017 - 2032 The global EClinical Solutions market size was valued at USD 9,000 million in 2022 and is projected to reach USD 18,000 million by 2033, growing at a CAGR of 13.5% during the forecast period. Get A Report Copy of this Market: https://wemarketresearch.com/reports/eclinical-solutions-market/1182/

Voice Recognition In Healthcare Market Trends Analysis, Demand and Forecasts 2030 The Voice Recognition in Healthcare Market is witnessing significant growth due to various trends and opportunities that are contributing to its expansion. Get Details :- https://wemarketresearch.com/reports/voice-recognition-in-healthcare-market/1007/

Acquired cystic kidney disease (ACKD) Treatment Drugs Market Industry Statistics and Growth Trends Analysis Forecast 2017 - 2032 Acquired cystic kidney disease (ACKD) is a condition in which cysts form in the kidneys of people who have chronic kidney disease (CKD). The disease typically develops after a person has been on dialysis for an extended period, and the prevalence of ACKD increases with the duration of dialysis. Treatment options for ACKD are limited, and no cure currently exists. Get A Report Copy of this Market: https://wemarketresearch.com/reports/acquired-cystic-kidney-disease-(ackd)-treatment-drugs-market/1038/

Acromegaly and Gigantism Treatment Market Industry Statistics and Growth Trends Analysis Forecast 2017 - 2032 Acromegaly and gigantism are rare hormonal disorders that are caused by an excess of growth hormone in the body. Acromegaly is typically diagnosed in adults, while gigantism is usually diagnosed in children and adolescents. Get A Report Copy of this Market: https://wemarketresearch.com/reports/acromegaly-and-gigantism-treatment-market/1039/

Cholinergic Drugs Market Industry Statistics and Growth Trends Analysis Forecast 2017 - 2032 Cholinergic drugs are a class of drugs that act on the neurotransmitter acetylcholine, which is involved in the regulation of many physiological processes, including muscle contraction, heart rate, and memory. These drugs can either increase or decrease the activity of acetylcholine in the brain, depending on the specific mechanism of action. Get A Report Copy of this Market: https://wemarketresearch.com/reports/cholinergic-drugs-market/1040/

Healthcare Chatbots Market Industry Statistics and Growth Trends Analysis Forecast 2017 - 2032 The global healthcare chatbots market is expected to reach USD 803.2 million by 2033, growing at a CAGR of 24.6% from 2023 to 2033. Get A Report Copy of this Market: https://wemarketresearch.com/reports/healthcare-chatbots-market/1057/

Digital X-ray Market Industry Statistics and Growth Trends Analysis Forecast 2017 - 2032 The Dental Digital X-ray market was valued at USD 2,390 million in 2022 and is estimated to display a massive change of USD 6,070 million by 2033. The Dental Digital X-ray market is estimated to reveal a substantial growth of a CAGR of 8.10% during the forecasted period of 2023 to 2033. Get A Report Copy of this Market: https://wemarketresearch.com/reports/dental-digital-x-ray-market/1063/