Increase in Legalization of Hemp Cultivation and Consumption of Hemp in Various Industrial Applications Drives the Market for Industrial Hemp - PowerPoint PPT Presentation

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Increase in Legalization of Hemp Cultivation and Consumption of Hemp in Various Industrial Applications Drives the Market for Industrial Hemp

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Increasing consumption of hemp seeds in food and other food products such as smoothies, yogurt, cereals, and bars is expected to bolster the growth of the market. – PowerPoint PPT presentation

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Date added: 4 September 2019
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Title: Increase in Legalization of Hemp Cultivation and Consumption of Hemp in Various Industrial Applications Drives the Market for Industrial Hemp


1
MarketsandmarketsPresents
  • Increase in Legalization of Hemp Cultivation and
    Consumption of Hemp in Various Industrial
    Applications Drives the Market for Industrial
    Hemp Market

2
Introduction
  • The industrial hemp market is projected to grow
    from USD 4.6 billion in 2019 to USD 26.6 billion
    by 2025, recording a CAGR of 34.0 during the
    forecast period. This is attributed to the
    growing number of chronic diseases such as
    diabetes increasing usage of hempseed oil hemp
    seed in various food applications rising usage
    of non-psychotropic cannabinoid cannabidiol
    (CBD)CBD hemp oil in food pharmaceutical
    segment and increasing legalization in the
    cultivation of industrial hemp.
  • The European market is projected to capture the
    largest share in the market. This is attributed
    to the presence of a large consumer base for
    food, beverages, dietary supplements, and
    personal care products. Further, the usage of
    hemp fiber is growing in different applications,
    such as automotive and construction materials.
    Increasing consumption of hemp seeds in food and
    other food products such as smoothies, yogurt,
    cereals, and bars is expected to bolster the
    growth of the market further. The demand for hemp
    in the form of these products is considerably
    high in countries such as Germany and the
    Netherlands, thus, driving the regional market
    growth.
  • Speak to Analyst _at_ https//www.marketsandmarkets.c
    om/speaktoanalystNew.asp?id84188417

3
Report Objectives
  • Determining and projecting the size of the
    industrial hemp market, with respect to type,
    application, source, and regional markets, over
    six years ranging from 2019 to 2025
  • Identifying attractive opportunities in the
    market by determining the largest and
    fastest-growing segments across regions
  • Providing detailed information about the key
    factors influencing the growth of the market
    (drivers, restraints, opportunities, and
    industry-specific challenges)
  • Analyzing the micro-markets, with respect to
    individual growth trends, future prospects, and
    their contribution to the total market
  • Identifying and profiling the key market players
    in this market

4
  • Providing a comparative analysis of the market
    leaders based on the following parameters
  • Product offerings
  • Business strategies
  • Strengths and weaknesses
  • Key financials
  • Understanding the competitive landscape and
    identifying the major growth strategies adopted
    by players across the key regions
  • Analyzing the value chain, products, and
    regulatory frameworks across key regions and
    their impact on the prominent market players
  • Providing insights into key product innovations
    and investments in the industrial hemp market

5
 Market Dynamics 
  • Drivers
  • Increasing Legalization in the Cultivation of
    Industrial Hemp
  • Functional Properties of Hemp Seed and Hemp Seed
    Oil, and Their Increased Use in Different Food
    Applications
  • Increasing Number of Chronic Diseases
  • Restraints
  • Complex Regulatory Structure for the Usage of
    Industrial Hemp
  • Opportunity
  • New Product Developments From Industrial Hemp
  • Challenges
  • Lack of Viable Availability of Seeds for the
    Cultivation of Industrial Hemp
  • Lack of Processing Facilities and Planting
    Harvesting Equipment

6
Key Players
  • Hempco (Canada)
  • Ecofibre (Australia)
  • Hemp Inc. (US)
  • GenCanna (US)
  • HempFlax BV (Netherlands)
  • Konoplex Group (Russia)
  • Hemp Oil Canada (Canada)
  • BAFA (Germany)
  • Hemp Poland (Poland)
  • Dun Agro (Netherlands)
  • Colorado Hemp Works (US)

7
Contact Us
  • Mr. Shelly Singh
  • MarketsandMarkets INC.
  • 630 Dundee Road
  • Suite 430
  • Northbrook, IL 60062
  • USA 1-888-600-6441
  • sales_at_marketsandmarkets.com

8
About MarketsandMarkets
  • MarketsandMarkets provides quantified B2B
    research on 30,000 high growth niche
    opportunities/threats which will impact 70 to
    80 of worldwide companies revenues. Currently
    servicing 7500 customers worldwide including 80
    of global Fortune 1000 companies as clients.
    Almost 75,000 top officers across eight
    industries worldwide approach MarketsandMarkets
    for their painpoints around revenues decisions.
  • Our 850 fulltime analyst and SMEs at
    MarketsandMarkets are tracking global high
    growth markets following the "Growth Engagement
    Model GEM". The GEM aims at proactive
    collaboration with the clients to identify new
    opportunities, identify most important customers,
    write "Attack, avoid and defend" strategies,
    identify sources of incremental revenues for both
    the company and its competitors.
    MarketsandMarkets now coming up with 1,500
    MicroQuadrants (Positioning top players across
    leaders, emerging companies, innovators,
    strategic players) annually in high growth
    emerging segments. MarketsandMarkets is
    determined to benefit more than 10,000 companies
    this year for their revenue planning and help
    them take their innovations/disruptions early to
    the market by providing them research ahead of
    the curve.
  • MarketsandMarketss flagship competitive
    intelligence and market research platform,
    "Knowledgestore" connects over 200,000 markets
    and entire value chains for deeper understanding
    of the unmet insights along with market sizing
    and forecasts of niche markets.
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