Industrial Hemp Market Size, Share, Opportunities, Trends & Future Scope to 2027 marketsandmarketsblog.com

The global industrial hemp market size is estimated to be valued at USD 6.8 billion in 2022 and is projected to reach USD 18.1 billion by 2027, recording a CAGR of 21.6% in terms of value. The growth of this market is attributed to the growing consumption of hemp seed in the food & beverage industry.