U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Hemp Type, By Product Type, By Application, By Distribution Channel

Description

U.S. and Europe Industrial Hemp-Based Bioplastics Market is estimated to be valued at USD 125.3 Mn in 2025 and is expected to reach USD 268.4 Mn by 2032, growing at a compound annual growth rate (CAGR) of 11.5% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 125.3 Mn
Historical Data for:	2020 To 2024	Forecast Period:	2020 To 2024
Forecast Period 2025 to 2032 CAGR:	11.50%	2032 Value Projection:	USD 268.4 Mn

The U.S. and Europe industrial hemp-based bioplastics market is estimated to be valued at USD 125.3 Mn in 2025 and is expected to reach USD 268.4 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 11.5% from 2025 to 2032. The U.S. and Europe industrial hemp-based bioplastics market represents a transformative segment within the broader sustainable materials industry, driven by the convergence of environmental consciousness, regulatory support for hemp cultivation, and technological advancements in bioplastic manufacturing. Industrial hemp, derived from cannabis sativa varieties containing less than 0.3% tetrahydrocannabinol (THC), has emerged as a promising feedstock for bioplastic production due to its rapid growth cycle, carbon sequestration capabilities, and renewable nature.

Market Dynamics

The U.S. and Europe industrial hemp-based bioplastics market is propelled by several key drivers, primarily the escalating environmental concerns and stringent regulatory frameworks targeting plastic waste reduction, with governments implementing bans on single-use plastics and mandating sustainable packaging solutions across industries. The growing corporate sustainability initiatives and ESG commitments from major brands are accelerating adoption, as companies seek to reduce their carbon footprint and meet consumer expectations for environmentally responsible products.

Key Features of the Study

This report provides in-depth analysis of the U.S. and Europe industrial hemp-based bioplastics market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the U.S. and Europe industrial hemp-based bioplastics market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include leading bioplastic manufacturers, hemp processing companies, and sustainable materials innovators operating in the U.S. and Europe markets.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, the market expansion, and marketing tactics.
The U.S. and Europe industrial hemp-based bioplastics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S. and Europe industrial hemp-based bioplastics market.

Market Segmentation

Hemp Type Insights (Revenue, USD Mn, 2020 - 2032)
- Hemp Hurd (Shiv)
- Hemp Bast Fiber
- Hemp Powder/Flour
- Blended Hemp Fiber
- Other Hemps (Hemp Cellulose, Hemp Bio-Oil, etc.)
Product Type Insights (Revenue, USD Mn, 2020 - 2032)
- Hemp-reinforced biocomposites
- Cellulose-derived plastics
- Lignin-filled bioplastics
- Bio-polyurethanes
- Thermoset biocomposites
- Others (Films & sheets, 3D-printing filaments, etc.)
Application Insights (Revenue, USD Mn, 2020 - 2032)
- Packaging
- Automotive & Transportation
- FMCG & Consumer Durables
- Industrial/Manufacturing
- Others (Agriculture & Landscaping, Textiles, Medical, etc.)
Distribution Channel Insights (Revenue, USD Mn, 2020 - 2032)
- Direct-to-project Supply (B2B bulk sales)
- Distributors / Building Material Merchants
- Online B2B Platforms
Key Players Insights
- HempFlax Group
- Hemp Plastic Company
- INCA Renewtech
- Terramer
- Hemp Foundation
- Cavac Biomateriaux
- Cannopy Corporation, INC.
- HempGazette
- EnviroTextiles LLC.
- Bifrost Bioplastic
- Green Dot Bioplastics

Product Code: CMI8478

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Hemp Type
- U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Product Type
- U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Application
- U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Distribution Channel
- U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends

4. U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Hemp Type, 2020-2032, (USD Mn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Hemp Hurd (Shiv)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Hemp Bast Fiber
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Hemp Powder/Flour
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Blended Hemp Fiber
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Other Hemps (Hemp Cellulose, Hemp Bio-Oil, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)

5. U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Product Type, 2020-2032, (USD Mn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Hemp-reinforced biocomposites
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Cellulose-derived plastics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Lignin-filled bioplastics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Bio-polyurethanes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Thermoset biocomposites
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Others (Films & sheets, 3D-printing filaments, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)

6. U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Application, 2020-2032, (USD Mn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Packaging
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Automotive & Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
FMCG & Consumer Durables
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Industrial/Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Others (Agriculture & Landscaping, Textiles, Medical, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)

7. U.S. and Europe Industrial Hemp-Based Bioplastics Market, By Distribution Channel, 2020-2032, (USD Mn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Direct-to-project Supply (B2B bulk sales)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Distributors / Building Material Merchants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Online B2B Platforms
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)

8. Competitive Landscape

HempFlax Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Hemp Plastic Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
INCA Renewtech
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Terramer
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Hemp Foundation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Cavac Biomateriaux
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Cannopy Corporation, INC.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
HempGazette
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
EnviroTextiles LLC.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Bifrost Bioplastic
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Green Dot Bioplastics
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. References and Research Methodology

References
Research Methodology
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