• Resources
  • Blog
  • Journalists
  • Log In
  • Sign Up
  • Data Privacy
  • Send a Release
Cision PR Newswire: news distribution, targeting and monitoring home
  • News
  • Products
  • Contact

 

When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Overview
  • Distribution by PR Newswire
  • Cision Communications Cloud®
  • Cision IR
  • Sponsored Placement
  • All Products
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • Overview
  • Distribution by PR Newswire
  • Cision Communications Cloud®
  • Cision IR
  • All Products
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR

Industrial Hemp Market Size, Share & Trends Analysis Report by Product (Seeds, Fiber, Shives), by Application (Animal Care, Textiles, Food & Beverages, Personal Care), and Segment Forecasts, 2020 - 2027

Research and Markets Logo

News provided by

Research and Markets

Feb 27, 2020, 12:15 ET

Share this article

Share this article


DUBLIN, Feb. 27, 2020 The "Industrial Hemp Market Size, Share & Trends Analysis Report by Product (Seeds, Fiber, Shives), by Application (Animal Care, Textiles, Food & Beverages, Personal Care), and Segment Forecasts, 2020 - 2027" report has been added to ResearchAndMarkets.com's offering.

The global industrial hemp market size is expected to reach USD 15.26 billion by 2027, exhibiting a revenue-based CAGR of 15.8% over the forecast period according to this report.Growing preference for eco-friendly products in thermal insulation, coupled with rising use of the product as fiberglass alternative is expected to drive the growth.

Rising consumer preference for green buildings owing to increasing environment pollution is expected to drive the demand for hemp-based construction materials in the forthcoming years. In addition, rising consumption of hempcretes-a concrete made from shives and lime-in Europe is expected to further propel the demand for industrial hemp over the forecast period.

Factors, such as rising awareness regarding the dietary advantages of hempseed and oil, coupled with growing demand from the cosmetics and personal care industries for production of soaps, shampoo, bath gels, and other such products is expected to drive the growth. In addition, use of hemp oil in hand and body lotions and UV skin protectors owing to the high and well-balanced fatty acid content of hemp, is expected to surge the demand.

The market growth is expected to be driven by the factors, such as population growth, coupled with rising per capita disposable income leading to an increased demand for high-quality cosmetics and personal care products. In addition, rise in application scope for hemp in automotive industry is expected to drive the growth of the industrial hemp market.

Further key findings from the report suggest:

  • Seeds segment accounted for 27.3% of the value share in 2019 owing to extensive application of the product in pharmaceuticals, nutritional supplements and other medicinal and therapeutic products
  • The demand for industrial hemp in personal care industry is expected to expand at a CAGR of 18.8% in terms of revenue from 2020 to 2027 as it reduces skin discomfort by soothing and restoring dry or damaged skin
  • Animal care industry accounted for 14.9% of revenue share in 2019 owing to the growing consumption of hemp shives and leaves in animal bedding due to its low dust properties which makes it highly beneficial for animals facing respiratory issues
  • The North America industrial hemp market is expected to expand at a CAGR of 20.4% from 2020 to 2027 in terms of value owing to the legalization of hemp production coupled with the rising demand in the food and supplements, cosmetics, and personal care industries
  • Parkland Industrial Hemp Growers Cooperative Ltd. and Terra Tech Crop are some of the major players in the market involved in R&D activities to develop different varieties of industrial hemp

Key Topics Covered:

1. Methodology and Scope

2. Executive Summary

3. Industrial Hemp Market Variables, Trends & Scope
3.1. Industrial Hemp - Market Segmentation
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.4. Manufacturing Process
3.5. Regulatory Framework
3.6. Industrial Hemp - Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Industry Challenges
3.7. Business Environment Analysis: Industrial Hemp Market
3.7.1. Porter's Analysis
3.7.1.1. Supplier Power
3.7.1.2. Buyer Power
3.7.1.3. Substitution Threat
3.7.1.4. Threat from New Entrant
3.7.1.5. Competitive Rivalry
3.7.2. PESTEL Analysis
3.7.2.1. Political Landscape
3.7.2.2. Environmental Landscape
3.7.2.3. Social Landscape
3.7.2.4. Technology Landscape
3.7.2.5. Economic Landscape
3.7.2.6. Legal Landscape

4. Industrial Hemp Market: Product Estimates & Trend Analysis
4.1. Industrial Hemp Market: Product Movement Analysis, 2019 & 2027
4.2. Seeds
4.2.1. Market Estimates and Forecasts, 2016 - 2027 (Tons) (USD Million)
4.3. Fiber
4.3.1. Market Estimates and Forecasts, 2016 - 2027 (Tons) (USD Million)
4.4. Shives
4.4.1. Market Estimates and Forecasts, 2016 - 2027 (Tons) (USD Million)

5. Industrial Hemp Market: Application Estimates & Trend Analysis
5.1. Industrial Hemp Market: Application Movement Analysis, 2019 & 2027
5.2. Animal Care
5.2.1. Market Estimates and Forecasts, 2016 - 2027 (Tons) (USD Million)
5.3. Textiles
5.3.1. Market Estimates and Forecasts, 2016 - 2027 (Tons) (USD Million)
5.4. Automotive
5.4.1. Market Estimates and Forecasts, 2016 - 2027 (Tons) (USD Million)
5.5. Furniture
5.5.1. Market Estimates and Forecasts, 2016 - 2027 (Tons) (USD Million)
5.6. Food & Beverages
5.6.1. Market Estimates and Forecasts, 2016 - 2027 (Tons) (USD Million)
5.7. Paper
5.7.1. Market Estimates and Forecasts, 2016 - 2027 (Tons) (USD Million)
5.8. Construction Materials
5.8.1. Market Estimates and Forecasts, 2016 - 2027 (Tons) (USD Million)
5.9. Personal Care
5.9.1. Market Estimates and Forecasts, 2016 - 2027 (Tons) (USD Million)
5.10. Others
5.10.1. Market Estimates and Forecasts, 2016 - 2027 (Tons) (USD Million)

6. Industrial Hemp Market: Regional Estimates & Trend Analysis
6.1. Industrial Hemp Market: Regional Movement Analysis, 2016 & 2027
6.2. North America
6.3. Europe
6.4. Asia Pacific
6.5. Central & South America
6.6. Middle East & Africa

7. Competitive Landscape
7.1. Key Players' Recent Developments & Their Impact
7.2. Key Innovators, Market Leader, and Emerging Players
7.3. Vendor Landscape
7.3.1. List of Key Distributors & Channel Partners
7.4. Public Companies
7.4.1. Company Market Position Analysis
7.4.2. Market Differentiators
7.4.3. SWOT Analysis
7.5. Private Companies
7.5.1. List of Key Emerging Companies/Technology Disruptors/Innovators
7.5.2. Company Market Position Analysis

8. Company Profiles
8.1. Parkland Industrial Hemp Growers Cooperative Ltd. (PIHG)
8.1.1. Company overview
8.1.2. Financial performance
8.1.3. Product benchmarking
8.1.4. Strategic initiatives
8.2. CBD Biotechnology Co., Ltd.
8.3. Botanical Genetics, LLC
8.4. Marijuana Company of America Inc.
8.5. HempMeds Brasil
8.6. Terra Tech Corp
8.7. American Cannabis Company, Inc.
8.8. HempFlax B.V.
8.9. Industrial Hemp Manufacturing, LLC
8.10. American Hemp
8.11. Hemp, Inc.
8.12. Boring Hemp Company
8.13. Plains Industrial Hemp Processing Ltd.
8.14. Ecofiber
8.15. Valley Bio Limited

For more information about this report visit https://www.researchandmarkets.com/r/8co7ja

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com

Modal title

Also from this source

The Worldwide Deep Learning Industry is Projected to Reach $320.6 Billion by 2030 - Security Industry to Find Increasing Use of Deep Learning in Video Surveillance

The Worldwide Deep Learning Industry is Projected to Reach $320.6 Billion by 2030 - Security Industry to Find Increasing Use of Deep Learning in Video Surveillance


Global Cargo Shipping Strategic Business Report 2023: Booming E-Commerce Industry Augurs Well for Cargo Shipping Market

Global Cargo Shipping Strategic Business Report 2023: Booming E-Commerce Industry Augurs Well for Cargo Shipping Market

Explore

More news releases in similar topics

  • Publishing & Information Services
  • Agriculture
  • Surveys, Polls and Research

Contact Cision

  • Cision Distribution 888-776-0942
    from 8 AM - 9 PM ET

  • Chat with an Expert
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • Cision Communication Cloud®
  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • For Small Business
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • COVID-19 Resources
  • Accessibility Statement
  • Asia
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Israel
  • Italy
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom

My Services

  • All New Releases
  • Online Member Center
  • ProfNet

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2023 Cision US Inc.