Tag: hemp
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Global Hemp Clothing Market Size Projected To Reach $23.02 Billion By 2031
The global hemp clothing market is projected to experience significant growth in the coming years, reaching an estimated $23.02 billion by 2031 according to a market analysis by Allied Analytics LLP. “The global Hemp Clothing Market Size was valued at $2.29 billion in 2021, and is projected to reach $23.02 billion by 2031, growing at…
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Research And Markets Projects $561 Million Global Hemp Fiber Market By 2029
Industry researchers at Research and Markets estimate that the global hemp fiber market will be worth $378.56 million dollars in 2024, and that it will increase in value to a projected $561.8 million by 2029. “The global hemp fiber market is experiencing remarkable growth driven by increasing awareness of its environmental benefits and versatile applications.…
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Global Hemp-Based Foods Market To Reach $8.36 Billion By 2028 Per Report
The global hemp-based foods market is projected to reach $8.36 billion by 2028 according to The Business Research Company’s (TBRC) latest report, “Hemp Based Foods Global Market Report 2024”. “The hemp based foods market size has grown strongly in recent years. It will grow from $5.45 billion in 2023 to $5.94 billion in 2024 at…
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U.S. Industrial Hemp Market Valued At $291 Million In 2023
The United States Department of Agriculture (USDA) has released its annual hemp industry report. According to the USDA, “In 2023, the value of hemp production in the open and under protection for the United States totaled $291 million, up 18 percent from 2022.” “Planted area for the Nation in 2023 for all utilizations totaled 27,680…
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Global Hemp Milk Market Projected To Reach $812 Million By 2032
Global demand for milk is enormous. According to Market Data Forecast, “the global milk market is expected to be worth USD 1,047.80 billion in 2024. It is expected to grow at CAGR of 8.2% during the forecast period and reach a value of USD 1,553.87 billion by 2029.” Dairy milk continues to dominate the global…
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Global Industrial Hemp Market Estimated To Grow By $6.87 Billion From 2023 To 2027
The global industrial hemp market is set to increase in size by a considerable amount in the coming years according to a new projection from Technavio. Technavio is a global technology research and advisory company that “focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies…
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How Many Hemp Licenses Were Active In The United Kingdom In 2023?
The global hemp industry is far from being a new thing. For many centuries humans have used the hemp plant to make a number of things, from medicine to textiles. It wasn’t until the 1900s that hemp started to be prohibited by governments due to the forces of special interest groups. Thankfully, the global hemp…
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Global Hemp Fiber Market Projected To Reach $73.55 Billion By 2030
Humans have used the hemp plant to make fibers for a multitude of purposes for centuries. In fact, archaeologists and historians have confirmed that ancient civilizations in China used hemp fiber to make pottery going as far back as 4,000 BCE. Hemp fiber has a number of uses, including but not limited to: Making paper…