Hemp Derivatives Market Size by Preparation Method, Form, Grade, End User, Geography, Competitive Analysis
Hemp
Derivatives Market Forecast
The Global
Hemp Derivatives Market Size is expected to cross USD 17
Billion by 2025 at a CAGR of 30.0% during
the forecast period of 2019 to 2025. The global market is expected
to be lucrative for the active vendors owing to the rising use of hemp
derivatives in animal feed, biofuel, and bioplastics, among others. Market
players are investing in R&D and introducing pet food products such as pet
treats made from hemp. For instance, in September 2018, EastWest
Bioscience, a Canadian hemp-based products manufacturer, launched the
hemp-based pet products brand Natural Pet Science to cater to the rising demand
for health-conscious pet treats. Additionally, the legalization of hemp in
several countries has propelled market players to invest in the market and
expand their presence across the globe.
Key
Players of Hemp
Derivatives Market:
- Hemp
Oil Canada (Canada)
- GenCanna
Global USA, Inc. (US)
- Ecofibre
(Australia)
- MH
Medical Hemp GmbH (Germany)
- Konoplex
LLC (Russia)
- Canopy
Growth Corporation (Canada)
- HempFlax
Group B.V. (Netherlands)
- HemPoland
(Poland)
- Bafa
Neu GmbH (Germany)
- Hempco
Inc. (Canada)
- Dutch
Hemp Group (Netherlands)
- Colorado
Hemp Works, LLC (US)
Market
USP
Health
benefits associated with hemp-based products
Browse Full Report Details
@ https://www.marketresearchfuture.com/reports/hemp-derivatives-market-8424
Growth
Opportunities in the Market
Growth
of the Food & Beverage Industry: Intensive research on hemp and its
effect on human and animal health has led to the legalization of hemp in
several countries. Hemp contains trace amounts of tetrahydrocannabinol (THC)
and has proven to be beneficial as an anti-depressant, anti-inflammatory,
antioxidant, and anti-carcinogenic. Owing to such benefits, the demand for hemp
derivatives such as seed, oil, powder, and hemp-derived CBD oil is increasing
in various food & beverage applications including snacks, beverages, dairy
products, frozen desserts, and bakery products. The growth of the global food
& beverage industry is expected to offer profitable growth opportunities to
the market players by opening up new investment pockets.
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us:
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Research Future (part of Wantstats Research and Media Private
Limited),
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Hudson Street,5Th Floor, New York,
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States of America
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