Supply Chain Ecosystem Analysis now part of DBMR Reports
Global Organic Hemp Products Market, By Type (Organic Hemp Seed Hearts, Organic Hemp Seed Oil Capsule, Organic Hemp Seed Protein Powder), Application (Food & Beverages, Nutritional Supplements, Cosmetics, Pharmaceuticals, Textiles, Personal Care Products, Others), Distribution Channel (Specialty Stores, Pharmacies, E-Commerce, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The organic hemp products market is expected to witness market growth at a rate of 7.60% in the forecast period of 2021 to 2028 and is expected to reach USD 8.085 billion by 2028. Data Bridge Market Research report on the organic hemp products market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in awareness regarding the benefits of hemp is escalating the growth of the organic hemp products market.
Organic hemp products refer to the type of products manufactured from the plant, such as oil and protein powders, as a supplement for improving health. The plants are grown for food and beverage and non-food-based products without pesticides, herbicides, toxic chemicals, and fertilizers.
The rise in inclination towards natural organic products over pharmaceuticals across the globe acts as one of the major factors driving the growth of the organic hemp products market. The surge in the investment for the production of hemp-based products and rise in demand for hemp fibers in various industries such as automotive, food and beverage, construction, personal care, and textile accelerate the market growth. The rise in the demand for hemp oil helps prevent and alleviate ailments, and growth in awareness among the population regarding the products therapeutic properties further influences the market. In addition, the rise in legalization in the cultivation of hemp, prevalence of chronic diseases, increase in use for numerous food applications, and emerging consumer trends because of the surge in several social media influencers promoting the benefits of the product positively affect the organic hemp products market. Furthermore, product development extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, the lack of viable seeds for the cultivation of hemp and complex regulatory structure for the use of hemp products are expected to obstruct the market growth. Lack of processing facilities is projected to challenge the organic hemp products market in the forecast period of 2021-2028.
This organic hemp products market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on organic hemp products market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The organic hemp products market is segmented on the basis of type, application, and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
The organic hemp products market is analyzed and market size, volume information is provided by country, type, application, and distribution channel as referenced above.
The countries covered in the global the organic hemp products market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America and Europe dominate the organic hemp products market because of the legalized utilization of cannabis for medicinal and recreational applications, high awareness among consumers, and the development of hemp varieties within the region.
The country section of organic hemp products market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The organic hemp products market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to organic hemp products market.
The major players covered in the organic hemp products market report are Hempco, CBD Biotechnology Co., Ltd., Ecofibre, Hemp Inc., GenCanna, HempFlax Group B.V., Konoplex, Hemp Oil Canada, HemPoland., Dun Agro Hemp Group., Colorado Hemp Works, INC, Canah, South Hemp, Plains Industrial Hemp Processing Ltd., MH medical hemp, Parkland Industrial Hemp Growers Co-op. Ltd., Botanical Genetics, LLC, Marijuana Company of America, Inc., HempMeds Brasil, Terra Tech Corp., American Cannabis Company Inc., Industrial Hemp Manufacturing, LLC among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Organic Hemp Products Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Organic Hemp Products Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.