Hemp Derivative Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Hemp Derivative Market is projected to reach US$ 20,977.94 million by 2027 from US$ 4,585.43 million in 2019; it is expected to grow at a CAGR of 20% from 2021 to 2027.

Hemp, or industrial hemp, is a variety of cannabis plant species grown specifically for industrial use. Hemp derivatives such as CBD, seed oil and fiber are derived from hemp and have a variety of uses in several end-use industries such as food and beverage, pharmaceuticals, personal care products, and animal feed.

Market Segments

Hemp Derivative Market, by Type

• Hemp CBD Oil
• Seed Oil
• Hemp Fiber
• Others

Hemp Derivative Market, by Application

• Food and Beverages
• Pharmaceutical and Nutraceutical
• Personal Care
• Textiles
• Others

Company Profiles

• Colorado Hemp Works, Inc
• Dun Agro Hemp Group
• Ecofiber
• Hempflax Group B.V.
• Hempoland Sp. Z O.O.
• Konoplex
• Mh Medical Hemp Gmbh
• Plains Industrial Hemp Processing Ltd
• South Hemp

Scope of the Report

The research study analyzes the global Hemp Derivative industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Hemp Derivative Market Report

1. What was the Hemp Derivative Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Hemp Derivative Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Hemp Derivative Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.