Industrial hemp is manufactured from cannabis sativa and is used to make a variety of industrial and consumer products all over the world. Industrial hemp is a high-fiber and oil-seed crop. Industrial hemp is cultivated in over 30 countries all over the world. There is a lot of debate about the difference between industrial hemp and marijuana since the two plants have a lot of similarities. The global demand for industrial hemp is expected to rise significantly during the forecast era, owing to the numerous nutritional benefits provided by industrial hemp as a rich source of proteins, omega-3, omega-6, and amino acids.
The demand for industrial hemp is expected to grow as the number of heart attacks and other cardiovascular diseases rises. Industrial hemp can help prevent heart problems like arrhythmias and heart disease. Industrial hemp also aids in the reduction of blood pressure and the risk of heart failure. Consumers' growing understanding of their health and well-being is likely to drive up demand for industrial hemp. During the last few years, there has been a paradigm shift among consumers toward natural goods and ingredients, which has aided the growth of the industrial hemp industry.
The industrial hemp market can be divided into three categories based on its design, type, and end-use applications. The global industrial hemp market can be divided into organic and traditional segments based on the nature of the product. The industrial hemp market can be divided into four categories based on its form: oil, seeds, hurds, and fibre. Textiles, personal care, animal care, food & beverage, paper, automobile, construction material, furniture, and others are some of the applications that the industrial hemp market can be divided into. North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East and Africa are the seven regions in which the industrial hemp market can be divided.
