Hemp Fiber Market Growth Analysis, Overview And Forecast 2024-2033

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Hemp Fiber Global Market Report 2024
Global Forecast 2024 2033 Market Size, Drivers,
And Trends
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Hemp Fiber Market Segments
The Business Research Company segments the hemp
fiber market report as
Long (bast) Fibers, Short (core) Fibers
By Type
Organic, Conventional
By Source
Food, Beverages, Personal Care Products,
Textiles, Pharmaceuticals, Other Applications
By Application
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Market Statistics
The global Hemp Fiber market size grew
from 11.05 billion in 2023 to 15.15 billion in
2024 at a compound annual growth rate (CAGR) of
37.2. The Hemp Fiber market size is expected to
grow to 50.38 billion in 2028 at a compound
annual growth rate (CAGR) of 35.0
50.38 B
15.15 B
11.05 B
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Key Market Drivers And Trends
Drivers
Increasing legalization to cultivate industrial
hemp is expected to propel the growth of the hemp
fiber market going forward.
Trends
Developing new products such as hemp-based period
care products to gain a competitive edge in the
market.
Region
Asia-Pacific was the largest region in the Hemp
Fiber market in 2023. The regions covered in the
Hemp Fiber market analysis report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
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Top Eleven Players In The Market

• Major players in the market are
• Shenyang beijiang
• BaFa Holding BV
• Hemp Oil Canada Inc.
• Hemp Planet LLC
• Konoplex
• Ecofibre Limited

• HempFlax BV
• Dunagro SRL
• MH medical hemp Ltd
• Envirotextiles LLC
• Hempco Inc.

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