Industrial Hemp Market Poised to Expand as Bio-Based Raw Materials Gain Priority Across Manufacturing Industries
The global industrial hemp market, valued at USD 11.08 billion in 2024 and expanding at a CAGR of 17.7% from 2025 to 2034, is rapidly evolving as regional regulatory frameworks, cross-border supply chains, and shifting agricultural priorities reshape overall demand. Growth momentum has been particularly accelerated by the legalization of hemp cultivation across key jurisdictions, including the...
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