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Organic Hemp Market by Distribution Channel (Direct, Indirect), by Application (Hemp Seed, Hemp Fiber, Hemp Shives, Hemp Dust), by North America (U.S., Canada), by Europe (Germany, UK, France, Italy, Spain, Rest of Europe), by Asia Pacific (China, India, Japan, South Korea, Australia, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Argentina, Rest of Latin America), by MEA (Saudi Arabia, UAE, South Africa, Rest of MEA) Forecast 2025-2033
The size of the Organic Hemp Market was valued at USD 146 Million in 2023 and is projected to reach USD 352.08 Million by 2032, with an expected CAGR of 13.4% during the forecast period. Growth of the global organic hemp market This market is in high growth currently, mainly supported by increasing healthy food product demands and growing awareness of the vast benefits of using hemp. Other factors supporting its growth are beneficial government initiatives toward expansion.A wide variety of established companies and startups are offering an assortment of organic hemp products in the market, including hemp seeds, hemp oil, and hemp fiber. This is one of the reasons why hemp remains popular; consumers are searching for natural and sustainable options to use for nutrition and other applications..
The organic hemp market is relatively fragmented, with several small and medium-sized players holding a significant market share. The market is concentrated in North America and Europe, with emerging markets in Asia Pacific and Latin America offering growth opportunities.
Key market trends include:
North America is the largest organic hemp market, followed by Europe. The U.S. is the dominant market in North America, accounting for a significant share of the regional market.
In terms of application, the food and beverages segment is expected to dominate the market throughout the forecast period. Hemp seeds and hemp oil are increasingly used in various food and beverage products due to their nutritional value and health benefits.
The report provides comprehensive insights into the organic hemp market, including:
The global organic hemp market was valued at USD 67.3 Million in 2022 and is projected to reach USD 146 Million by 2028, exhibiting a CAGR of 13.4% during the forecast period.
North America held the largest market share in 2022, accounting for over 55% of the global market. The region is expected to maintain its dominance throughout the forecast period due to the increasing demand for organic hemp products in the U.S. and Canada.
In June 2024, Curaleaf Holdings, Inc., under its Select and Zero Proof brands, introduced a new range of hemp-derived THC products. These products will be available for order directly from consumers through Curaleaf’s newly launched online store, TheHempCompany.com.
1. Distribution Channel
1.1. Direct
1.2. Indirect
2. Application
2.1. Hemp Seed
2.2. Hemp Fiber
2.3. Hemp Shives
2.4. Hemp Dust
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 13.4% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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