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Organic Hemp Market Share

  • Report ID: GMI5325
  • Published Date: Aug 2022
  • Report Format: PDF

Organic Hemp Market Share

  • The Tonik
  • Bioriginal Food & Science Corp.
  • Organicway Inc.
  • Connoils LLC
  • Manitoba Harvest Hemp Foods
  • Linwoods
  • Qemp Zero Peppermint
  • Pocono Organics
  • Lotus Organics+
  • Kemin Industries

are some of the prominent organic hemp market players. These companies are emphasizing certified product range expansion strategies to boost their presence in the global market. For instance, in June 2022, Kemin Industries launched LuxivaTM hemp cannabidiol distillates. These products, which were grown and processed in the Midwest of the U.S., received organic certification from the USDA (U.S. Department of Agriculture).

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The market size for organic hemp recorded a revenue of over USD 90 million in 2021 and is set to depict a CAGR of more than 13% from 2022 to 2030, driven by the strong focus on the production of nutritious animal feeds.

The organic hemp industry from the indirect segment is slated to record a revenue worth more than USD 139 million by 2030, due to the expansion of retail chains that offer hemp products.

The industry share from the hemp fiber segment is poised to depict around 13% CAGR through 2030, as a result of the introduction of legislation supporting the import and supply of hemp fibers.

The Asia Pacific organic hemp market is anticipated to be valued at USD 129 million by 2030, owing to the robust presence of organic hemp producers and the introduction of favorable regulatory policies.

Organic Hemp Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 10
  • Tables & Figures: 692
  • Countries covered: 23
  • Pages: 500
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