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PUBLISHER: Grand View Research | PRODUCT CODE: 2018331
PUBLISHER: Grand View Research | PRODUCT CODE: 2018331
Industrial Hemp Market Size, Share & Trends Analysis Report By Product (Fiber, Shives, Seeds), By Application (Animal Care, Textiles, Food & Beverages, Construction Materials, Personal Care), By Region, And Segment Forecasts, 2026 - 2033
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PAGES: 120 Pages
DELIVERY TIME: 2-10 business days
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Industrial Hemp Market Summary
The global industrial hemp market size was estimated at USD 7.5 billion in 2025 and is projected to reach USD 27.7 billion by 2033, growing at a CAGR of 17.9% from 2026 to 2033. Rising demand for sustainable and eco-friendly materials across industries such as textiles, construction, and packaging is significantly driving the growth of the global market for industrial hemp.
In addition, increasing legalization and regulatory support for hemp cultivation, along with its expanding applications in food, personal care, and pharmaceuticals, are further accelerating market expansion. The global industrial hemp industry is being strongly driven by increasing demand for sustainable and eco-friendly raw materials across multiple industries. Hemp is a highly versatile crop that requires significantly less water, pesticides, and fertilizers compared to conventional crops such as cotton, making it an attractive alternative in the context of rising environmental concerns. Industries such as textiles, construction, packaging, and automotive are increasingly adopting hemp-based materials such as hemp fiber, hempcrete, and bioplastics to reduce their carbon footprint and align with circular economy principles. This shift toward sustainability, supported by tightening environmental regulations and corporate ESG commitments, is accelerating the adoption of industrial hemp globally.
The expanding application of hemp-derived products in the food, beverage, and personal care industries, is also boosting the market growth. Hemp seeds and oil are rich in essential fatty acids, protein, and nutrients, positioning them as a popular ingredient in health-conscious consumer markets. In addition, the rising popularity of plant-based diets and functional foods is boosting demand for hemp-based products such as protein powders, snacks, and beverages. In the personal care sector, hemp-derived ingredients are increasingly used in skincare and cosmetics due to their moisturizing and anti-inflammatory properties, further widening the market scope and creating new revenue streams.
Moreover, regulatory liberalization across major economies is playing a crucial role in driving market growth. Governments in regions such as North America and Europe have relaxed restrictions on hemp cultivation and processing, distinguishing industrial hemp from psychoactive cannabis based on low THC content. This has encouraged large-scale farming, investment, and innovation in hemp-based product development. In addition, growing awareness among farmers regarding hemp's high yield potential and profitability compared to traditional crops is supporting its cultivation. As regulatory frameworks continue to evolve and global acceptance increases, the industrial hemp industry is expected to witness sustained expansion across both developed and emerging economies.
Global Industrial Hemp Market Report Segmentation
This report forecasts revenue & volume growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global industrial hemp market report based on product, application, and region:
- Product Outlook (Volume, Tons; Revenue, USD Million, 2021 - 2033)
- Fiber
- Shives
- Seeds
- Application Outlook (Volume, Tons; Revenue, USD Million, 2021 - 2033)
- Animal care
- Textiles
- Automotive
- Furniture
- Food & beverages
- Paper
- Construction materials
- Personal care
- Others
- Regional Outlook (Volume, Tons; Revenue, USD Million, 2021 - 2033)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Middle East & Africa
Product Code: GVR-2-68038-389-8
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Manufacturing Trends
- 3.3. Regulatory Framework
- 3.4. Industrial Hemp Market - Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.5. Business Environmental Tools Analysis: Industrial Hemp Market
- 3.5.1. Porter's Five Forces Analysis
- 3.5.1.1. Bargaining Power of Suppliers
- 3.5.1.2. Bargaining Power of Buyers
- 3.5.1.3. Threat of Substitution
- 3.5.1.4. Threat of New Entrants
- 3.5.1.5. Competitive Rivalry
- 3.5.2. PESTLE Analysis
- 3.5.2.1. Political Landscape
- 3.5.2.2. Economic Landscape
- 3.5.2.3. Social Landscape
- 3.5.2.4. Technology Landscape
- 3.5.2.5. Environmental Landscape
- 3.5.2.6. Legal Landscape
- 3.5.1. Porter's Five Forces Analysis
Chapter 4. Industrial Hemp Market: Product Estimates & Trend Analysis
- 4.1. Definition & Scope
- 4.2. Product Movement Analysis, 2025 & 2033
- 4.3. Fiber
- 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 4.4. Shives
- 4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 4.5. Seeds
- 4.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
Chapter 5. Industrial Hemp Market: Application Estimates & Trend Analysis
- 5.1. Definition & Scope
- 5.2. Application Movement Analysis, 2025 & 2033
- 5.3. Animal care
- 5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 5.4. Textiles
- 5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 5.5. Automotive
- 5.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 5.6. Furniture
- 5.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 5.7. Food & beverages
- 5.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 5.8. Paper
- 5.8.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 5.9. Construction materials
- 5.9.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 5.10. Personal care
- 5.10.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 5.11. Others
- 5.11.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
Chapter 6. Industrial Hemp Market: Regional Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Movement Analysis & Market Share, 2025 & 2033
- 6.3. North America
- 6.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 6.3.2. Market estimates and forecasts, by product, 2021 - 2033 (USD Million) (Tons)
- 6.3.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Tons)
- 6.3.4. U.S.
- 6.3.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 6.3.4.2. Market estimates and forecasts, by product, 2021 - 2033 (USD Million) (Tons)
- 6.3.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Tons)
- 6.3.5. Canada
- 6.3.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 6.3.5.2. Market estimates and forecasts, by product, 2021 - 2033 (USD Million) (Tons)
- 6.3.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Tons)
- 6.3.6. Mexico
- 6.3.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 6.3.6.2. Market estimates and forecasts, by product, 2021 - 2033 (USD Million) (Tons)
- 6.3.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Tons)
- 6.4. Europe
- 6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 6.4.2. Market estimates and forecasts, by product, 2021 - 2033 (USD Million) (Tons)
- 6.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Tons)
- 6.4.4. Germany
- 6.4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 6.4.4.2. Market estimates and forecasts, by product, 2021 - 2033 (USD Million) (Tons)
- 6.4.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Tons)
- 6.4.5. UK
- 6.4.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 6.4.5.2. Market estimates and forecasts, by product, 2021 - 2033 (USD Million) (Tons)
- 6.4.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Tons)
- 6.4.6. France
- 6.4.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 6.4.6.2. Market estimates and forecasts, by product, 2021 - 2033 (USD Million) (Tons)
- 6.4.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Tons)
- 6.5. Asia Pacific
- 6.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 6.5.2. Market estimates and forecasts, by product, 2021 - 2033 (USD Million) (Tons)
- 6.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Tons)
- 6.5.4. China
- 6.5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 6.5.4.2. Market estimates and forecasts, by product, 2021 - 2033 (USD Million) (Tons)
- 6.5.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Tons)
- 6.5.5. India
- 6.5.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 6.5.5.2. Market estimates and forecasts, by product, 2021 - 2033 (USD Million) (Tons)
- 6.5.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Tons)
- 6.5.6. Japan
- 6.5.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 6.5.6.2. Market estimates and forecasts, by product, 2021 - 2033 (USD Million) (Tons)
- 6.5.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Tons)
- 6.6. Latin America
- 6.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 6.6.2. Market estimates and forecasts, by product, 2021 - 2033 (USD Million) (Tons)
- 6.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Tons)
- 6.6.4. Brazil
- 6.6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 6.6.4.2. Market estimates and forecasts, by product, 2021 - 2033 (USD Million) (Tons)
- 6.6.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Tons)
- 6.7. Middle East & Africa
- 6.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Tons)
- 6.7.2. Market estimates and forecasts, by product, 2021 - 2033 (USD Million) (Tons)
- 6.7.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Tons)
Chapter 7. Competitive Landscape
- 7.1. Key Global Players, Their Initiatives, & Its Impact on the Market
- 7.2. Key Company Categorization
- 7.3. Company Position Analysis, 2025
- 7.4. Company Heat Map Analysis
- 7.5. Strategy Mapping
- 7.5.1. Expansion
- 7.5.2. Collaborations/ Partnerships/ Agreements
- 7.5.3. New Product launches
- 7.5.4. Mergers & Acquisitions
- 7.5.5. Divestments
- 7.5.6. Others
Chapter 8. Company Profiles
- 8.1. Parkland Industrial Hemp Growers Cooperative Ltd.
- 8.1.1. Company overview
- 8.1.2. Financial performance
- 8.1.3. Product benchmarking
- 8.2. CBD Biotechnology Co.
- 8.2.1. Company overview
- 8.2.2. Financial performance
- 8.2.3. Product benchmarking
- 8.3. Botanical Genetics, LLC
- 8.3.1. Company overview
- 8.3.2. Financial performance
- 8.3.3. Product benchmarking
- 8.4. Marijuana Company of America Inc.
- 8.4.1. Company overview
- 8.4.2. Financial performance
- 8.4.3. Product benchmarking
- 8.5. HempMeds Brasil
- 8.5.1. Company overview
- 8.5.2. Financial performance
- 8.5.3. Product benchmarking
- 8.6. Terra Tech Corp.
- 8.6.1. Company overview
- 8.6.2. Financial performance
- 8.6.3. Product benchmarking
- 8.7. American Cannabis Company, Inc.
- 8.7.1. Company overview
- 8.7.2. Financial performance
- 8.7.3. Product benchmarking
- 8.8. HempFlax B.V.
- 8.8.1. Company overview
- 8.8.2. Financial performance
- 8.8.3. Product benchmarking
- 8.9. Industrial Hemp Manufacturing, LLC
- 8.9.1. Company overview
- 8.9.2. Financial performance
- 8.9.3. Product benchmarking
- 8.10. American Hemp
- 8.10.1. Company overview
- 8.10.2. Financial performance
- 8.10.3. Product benchmarking
- 8.11. Hemp, Inc.
- 8.11.1. Company overview
- 8.11.2. Financial performance
- 8.11.3. Product benchmarking
- 8.12. Boring Hemp Company
- 8.12.1. Company overview
- 8.12.2. Financial performance
- 8.12.3. Product benchmarking
- 8.13. Plains Industrial Hemp Processing Ltd.
- 8.13.1. Company overview
- 8.13.2. Financial performance
- 8.13.3. Product benchmarking
- 8.14. Ecofiber Industries Operations
- 8.14.1. Company overview
- 8.14.2. Financial performance
- 8.14.3. Product benchmarking
- 8.15. Valley Bio Limited
- 8.15.1. Company overview
- 8.15.2. Financial performance
- 8.15.3. Product benchmarking
Product Code: GVR-2-68038-389-8
List of Tables
- Table 1 Industrial Hemp market estimates & forecast, by product 2021 - 2033 (USD Million) (Tons)
- Table 2 Industrial Hemp market estimates & forecast, by application 2021 - 2033 (USD Million) (Tons)
- Table 3 North America Industrial Hemp Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Tons)
- Table 4 North America Industrial Hemp Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million) (Tons)
- Table 5 North America Industrial Hemp Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million) (Tons)
- Table 6 U.S. Industrial Hemp Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Tons)
- Table 7 U.S. Industrial Hemp Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million) (Tons)
- Table 8 U.S. Industrial Hemp Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million) (Tons)
- Table 9 Canada Industrial Hemp Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Tons)
- Table 10 Canada Industrial Hemp Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million) (Tons)
- Table 11 Canada Industrial Hemp Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million) (Tons)
- Table 12 Mexico Industrial Hemp Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Tons)
- Table 13 Mexico Industrial Hemp Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million) (Tons)
- Table 14 Mexico Industrial Hemp Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million) (Tons)
- Table 15 Europe Industrial Hemp Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Tons)
- Table 16 Europe Industrial Hemp Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million) (Tons)
- Table 17 Europe Industrial Hemp Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million) (Tons)
- Table 18 Germany Industrial Hemp Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Tons)
- Table 19 Germany Industrial Hemp Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million) (Tons)
- Table 20 Germany Industrial Hemp Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million) (Tons)
- Table 21 France Industrial Hemp Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Tons)
- Table 22 France Industrial Hemp Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million) (Tons)
- Table 23 France Industrial Hemp Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million) (Tons)
- Table 24 UK Industrial Hemp Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Tons)
- Table 25 UK Industrial Hemp Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million) (Tons)
- Table 26 UK Industrial Hemp Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million) (Tons)
- Table 27 Asia Pacific Industrial Hemp Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Tons)
- Table 28 Asia Pacific Industrial Hemp Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million) (Tons)
- Table 29 Asia Pacific Industrial Hemp Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million) (Tons)
- Table 30 China Industrial Hemp Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Tons)
- Table 31 China Industrial Hemp Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million) (Tons)
- Table 32 China Industrial Hemp Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million) (Tons)
- Table 33 India Industrial Hemp Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Tons)
- Table 34 India Industrial Hemp Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million) (Tons)
- Table 35 India Industrial Hemp Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million) (Tons)
- Table 36 Japan Industrial Hemp Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Tons)
- Table 37 Japan Industrial Hemp Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million) (Tons)
- Table 38 Japan Industrial Hemp Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million) (Tons)
- Table 39 Latin America Industrial Hemp Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Tons)
- Table 40 Latin America Industrial Hemp Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million) (Tons)
- Table 41 Latin America Industrial Hemp Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million) (Tons)
- Table 42 Brazil Industrial Hemp Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Tons)
- Table 43 Brazil Industrial Hemp Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million) (Tons)
- Table 44 Brazil Industrial Hemp Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million) (Tons)
- Table 45 Middle East & Africa Industrial Hemp Market Estimates & Forecasts, 2021 - 2033 (USD Million) (Tons)
- Table 46 Middle East & Africa Industrial Hemp Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million) (Tons)
- Table 47 Middle East & Africa Industrial Hemp Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million) (Tons)
List of Figures
- Fig. 1 Information Procurement
- Fig. 2 Primary Research Pattern
- Fig. 3 Primary Research Process
- Fig. 4 Market Research Approaches - Bottom-Up Approach
- Fig. 5 Market Research Approaches - Top-Down Approach
- Fig. 6 Market Research Approaches - Combined Approach
- Fig. 7 Industrial Hemp Market- Market Snapshot
- Fig. 8 Industrial Hemp Market- Segment Snapshot (1/2)
- Fig. 9 Industrial Hemp Market- Segment Snapshot (2/2)
- Fig. 10 Industrial Hemp Market- Competitive Landscape Snapshot
- Fig. 11 Industrial Hemp Market: Value Chain Analysis
- Fig. 12 Industrial Hemp Market: Porter's Five Force Analysis
- Fig. 13 Industrial Hemp Market: PESTEL Analysis
- Fig. 14 Industrial Hemp Market: Product Movement Analysis, 2025 & 2033
- Fig. 15 Industrial Hemp Market: Application Movement Analysis, 2025 & 2033
- Fig. 16 Industrial Hemp Market: Regional Movement Analysis, 2025 & 2033
- Fig. 17 Industrial Hemp Market: Strategy Mapping
- Fig. 18 Industrial Hemp Market: Market Positioning Analysis
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