DUBLIN–()–The “Industrial Hemp – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s providing.

Amid the COVID-19 disaster, the worldwide marketplace for Industrial Hemp estimated at US$5.3 Billion within the 12 months 2020, is projected to attain a revised measurement of US$13.8 Billion by 2027, rising at a CAGR of 14.6% over the evaluation interval 2020-2027.

Seeds, one of the segments analyzed within the report, is projected to report a 15.3% CAGR and attain US$8.9 Billion by the top of the evaluation interval. After an early evaluation of the enterprise implications of the pandemic and its induced financial disaster, development within the Fiber section is readjusted to a revised 13.5% CAGR for the following 7-12 months interval.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 19% CAGR

The Industrial Hemp market within the U.S. is estimated at US$1.4 Billion within the 12 months 2020. China, the world`s second largest financial system, is forecast to attain a projected market measurement of US$3.2 Billion by the 12 months 2027 trailing a CAGR of 19.1% over the evaluation interval 2020 to 2027. Among the opposite noteworthy geographic markets are Japan and Canada, every forecast to develop at 10.4% and 12.8% respectively over the 2020-2027 interval. Within Europe, Germany is forecast to develop at roughly 11.5% CAGR.

Shives Segment to Record 12.7% CAGR

In the worldwide Shives section, USA, Canada, Japan, China and Europe will drive the 12% CAGR estimated for this section. These regional markets accounting for a mixed market measurement of US$195.7 Million within the 12 months 2020 will attain a projected measurement of US$431.5 Million by the shut of the evaluation interval. China will stay among the many quickest rising on this cluster of regional markets. Led by nations akin to Australia, India, and South Korea, the market in Asia-Pacific is forecast to attain US$2.1 Billion by the 12 months 2027, whereas Latin America will broaden at a 14.3% CAGR by means of the evaluation interval.

Select Competitors (Total 36 Featured):

  • Agropro
  • All American Hemp Company
  • Blue Sky Hemp Ventures Ltd.
  • Cavac Biomateriaux
  • Green Source Organics
  • Hemp Foods Australia
  • Hemp Inc.
  • Hemp Production Services Inc.
  • Hemp Sense Inc.
  • Hempco Food and Fiber Inc
  • Hempro International
  • Manitoba Harvest Hemp Foods
  • Marijuana Company of America Inc.
  • North American Hemp & Grain Co. Ltd.
  • Trigone Foods Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION

  • Total Companies Profiled: 36

For extra details about this report go to https://www.researchandmarkets.com/r/wzgibv

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