hemp plants

How Much Will The Global Industrial Hemp Market Grow By 2025?

New York, Dec. 08, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Industrial Hemp Market 2021-2025” – https://www.reportlinker.com/p05938947/?utm_source=GNW
Our report on the industrial hemp market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high demand from the textile industry and high demand from China and the US. In addition, high demand from the textile industry is anticipated to boost the growth of the market as well.
The industrial hemp market analysis includes the application segment and geographic landscape.

The industrial hemp market is segmented as below:
By Application
• textiles
• FB
• animal care
• personal care
• others

By Geographical Landscape
• North America
• Europe
• South America

This study identifies the high demand from cannabidiol as one of the prime reasons driving the industrial hemp market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on industrial hemp market covers the following areas:
• Industrial hemp market sizing
• Industrial hemp market forecast
• Industrial hemp market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial hemp market vendors that include 22nd Century Group Inc., Aurora Cannabis Inc., Bombay Hemp Company Pvt. Ltd., Boring Hemp Co., Canopy Growth Corp., Charlottes Web Holdings Inc., HempFlax Group BV, HemPoland Sp zoo, Medical Marijuana Inc., and Nutiva Inc. Also, the industrial hemp market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research – both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p05938947/?utm_source=GNW

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Source: Globenewswire