The Global Industrial Hemp Market is expected to grow by $ 3.35 bn during 2020-2024 progressing at a CAGR of 11% during the forecast period

NEW YORK, July 27, 2020 /PRNewswire/ --

Global Industrial Hemp Market 2020-2024 
The analyst has been monitoring the industrial hemp market and it is poised to grow by $ 3.35 bn during 2020-2024 progressing at a CAGR of 11% during the forecast period. Our reports on industrial hemp market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.


Read the full report: https://www.reportlinker.com/p05938947/?utm_source=PRN


The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high demand from textile industry.
The industrial hemp market analysis includes application segment and geographic landscapes.

The industrial hemp market is segmented as below:
By Application
• Textiles
• Hemp-based CBD
• Food and supplements
• Personal care
• Others

By Geographic Landscapes
• APAC
• North America
• Europe
• South America
• MEA

This study identifies the high demand from cannabidiol as one of the prime reasons driving the industrial hemp market growth during the next few years.
"The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our industrial hemp market covers the following areas:
• Industrial hemp market sizing
• Industrial hemp market forecast
• Industrial hemp market industry analysis"

Read the full report: https://www.reportlinker.com/p05938947/?utm_source=PRN

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