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Industrial Hemp: A Booming Market with Endless Possibilities

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The global industrial hemp market size is estimated to be valued at USD 6.8 billion in 2022 and is projected to reach USD 18.1 billion by 2027, recording a CAGR of 21.6% in terms of value. The increased usage of hemp seeds in a wide …

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Industrial Hemp Market Booming: Driven by Food, Construction, and Sustainability

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The global industrial hemp market is on a steady rise, expected to reach USD 18.1 billion by 2027 from USD 6.8 billion in 2022. This significant growth reflects a compound annual growth rate (CAGR) of 21.6%. Food and Beverage Industry Leading the Charge The increased …

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