Market Overview:
The global hemp derivative market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for CBD oil, rising awareness about the benefits of hemp-based products, and growing legalization of cannabis across various countries. Hemp CBD oil is expected to be one of the fastest-growing segments in the global hemp derivative market during the forecast period. The increasing demand for CBD oil for various applications such as food and beverages, pharmaceuticals and nutraceuticals, personal care, and others is driving growth in this segment. Hemp fiber is another key segment in the global hemp derivative market and is expected to grow at a CAGR of XX% during 2018-2030.
Product Definition:
A hemp derivative is a product that is made from hemp. Hemp oil, for example, is a hemp derivative. Hemp derivatives are important because they can be used to make products like paper, clothing, and biofuels.
Hemp CBD Oil:
Hemp CBD oil is a concentrated liquid extract of Cannabidiol (CBD) with low THC content. It is commonly used for various medical purposes including pain relief, relaxation, and anti-epileptic. The main factor propelling the growth of this market includes increasing awareness about cannabidiol due to its many beneficial properties such as neuroprotective, anti-inflammatory, analgesic and more.
Seed Oil:
Seed oil is extracted from the seeds of a hemp plant. It contains an ideal mix of fatty acids, amino acids, and other nutrients which makes it highly beneficial for human consumption.
Application Insights:
The food and beverages segment accounted for more than 40% of the global market share in 2017. Hemp oil has a high content of cannabidiol (CBD) which is transformational for food and beverage manufacturing as it acts as an all-natural nutritional supplement. CBD products have a rich history of being used in foods and beverages to provide benefits such as improved taste, enhanced nutrition, reduced inflammation, pain relief, etc. Companies such as The Coca Cola Company; Diageo; Anheuser-Busch Inbev; Patagonia Provisions; Bluebird Botanicals LLC.; Kemin Industries Inc.; Hemptech Group Ltd.; are investing heavily in developing hemp derived CBD products that can be used across various industries.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 15% during the forecast period. This can be attributed to increasing awareness about hemp-based products, growing consumer preference for natural ingredients and innovations in product formulations. Increasing R&D activities on cannabis and its derivatives are also expected to drive regional demand over the forecast period.
The Asia Pacific is anticipated to witness significant growth owing to rising industrialization, changing lifestyles of consumers leading towards health consciousness along with government support for promoting new investment opportunities in emerging economies including India, China.
Growth Factors:
- Increasing demand for CBD oil as a natural remedy for various health conditions.
- Growing awareness about the benefits of hemp-derived products among consumers.
- Rising popularity of hemp-based foods, supplements, and cosmetics products.
- Proliferation of cannabis dispensaries and increasing legalization of marijuana in various states across the U.S., which is driving demand for hemp derivatives products.. 5) The increasing use of Hemp Derivatives in the production of biofuels
Scope Of The Report
Report Attributes
Report Details
Report Title
Hemp Derivative Market Research Report
By Type
Hemp CBD Oil, Seed Oil, Hemp Fiber, Others
By Application
Food and Beverages, Pharmaceutical and Nutraceutical, Personal Care, Textiles, Others
By Companies
Colorado Hemp Works, Inc, Dun Agro Hemp Group, Ecofiber, Hempflax Group B.V., Hempoland Sp. Z O.O., Konoplex, Mh Medical Hemp Gmbh, Plains Industrial Hemp Processing Ltd, South Hemp, BAFA Neu GmbH
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Hemp Derivative Market Report Segments:
The global Hemp Derivative market is segmented on the basis of:
Types
Hemp CBD Oil, Seed Oil, Hemp Fiber, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverages, Pharmaceutical and Nutraceutical, Personal Care, Textiles, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Colorado Hemp Works, Inc
- Dun Agro Hemp Group
- Ecofiber
- Hempflax Group B.V.
- Hempoland Sp. Z O.O.
- Konoplex
- Mh Medical Hemp Gmbh
- Plains Industrial Hemp Processing Ltd
- South Hemp
- BAFA Neu GmbH
Highlights of The Hemp Derivative Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hemp CBD Oil
- Seed Oil
- Hemp Fiber
- Others
- By Application:
- Food and Beverages
- Pharmaceutical and Nutraceutical
- Personal Care
- Textiles
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hemp Derivative Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hemp derivatives are products that are made from hemp, but with different ingredients or processing. Some common hemp derivatives include CBD oil, CBD vape oil, and CBD tincture.
Some of the major players in the hemp derivative market are Colorado Hemp Works, Inc, Dun Agro Hemp Group, Ecofiber, Hempflax Group B.V., Hempoland Sp. Z O.O., Konoplex, Mh Medical Hemp Gmbh, Plains Industrial Hemp Processing Ltd, South Hemp, BAFA Neu GmbH.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hemp Derivative Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hemp Derivative Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hemp Derivative Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hemp Derivative Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hemp Derivative Market Size & Forecast, 2018-2028
4.5.1 Hemp Derivative Market Size and Y-o-Y Growth
4.5.2 Hemp Derivative Market Absolute $ Opportunity
Chapter 5 Global Hemp Derivative Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hemp Derivative Market Size Forecast by Type
5.2.1 Hemp CBD Oil
5.2.2 Seed Oil
5.2.3 Hemp Fiber
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hemp Derivative Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hemp Derivative Market Size Forecast by Applications
6.2.1 Food and Beverages
6.2.2 Pharmaceutical and Nutraceutical
6.2.3 Personal Care
6.2.4 Textiles
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hemp Derivative Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hemp Derivative Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hemp Derivative Analysis and Forecast
9.1 Introduction
9.2 North America Hemp Derivative Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hemp Derivative Market Size Forecast by Type
9.6.1 Hemp CBD Oil
9.6.2 Seed Oil
9.6.3 Hemp Fiber
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hemp Derivative Market Size Forecast by Applications
9.10.1 Food and Beverages
9.10.2 Pharmaceutical and Nutraceutical
9.10.3 Personal Care
9.10.4 Textiles
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hemp Derivative Analysis and Forecast
10.1 Introduction
10.2 Europe Hemp Derivative Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hemp Derivative Market Size Forecast by Type
10.6.1 Hemp CBD Oil
10.6.2 Seed Oil
10.6.3 Hemp Fiber
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hemp Derivative Market Size Forecast by Applications
10.10.1 Food and Beverages
10.10.2 Pharmaceutical and Nutraceutical
10.10.3 Personal Care
10.10.4 Textiles
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hemp Derivative Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hemp Derivative Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hemp Derivative Market Size Forecast by Type
11.6.1 Hemp CBD Oil
11.6.2 Seed Oil
11.6.3 Hemp Fiber
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hemp Derivative Market Size Forecast by Applications
11.10.1 Food and Beverages
11.10.2 Pharmaceutical and Nutraceutical
11.10.3 Personal Care
11.10.4 Textiles
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hemp Derivative Analysis and Forecast
12.1 Introduction
12.2 Latin America Hemp Derivative Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hemp Derivative Market Size Forecast by Type
12.6.1 Hemp CBD Oil
12.6.2 Seed Oil
12.6.3 Hemp Fiber
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hemp Derivative Market Size Forecast by Applications
12.10.1 Food and Beverages
12.10.2 Pharmaceutical and Nutraceutical
12.10.3 Personal Care
12.10.4 Textiles
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hemp Derivative Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hemp Derivative Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hemp Derivative Market Size Forecast by Type
13.6.1 Hemp CBD Oil
13.6.2 Seed Oil
13.6.3 Hemp Fiber
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hemp Derivative Market Size Forecast by Applications
13.10.1 Food and Beverages
13.10.2 Pharmaceutical and Nutraceutical
13.10.3 Personal Care
13.10.4 Textiles
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hemp Derivative Market: Competitive Dashboard
14.2 Global Hemp Derivative Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Colorado Hemp Works, Inc
14.3.2 Dun Agro Hemp Group
14.3.3 Ecofiber
14.3.4 Hempflax Group B.V.
14.3.5 Hempoland Sp. Z O.O.
14.3.6 Konoplex
14.3.7 Mh Medical Hemp Gmbh
14.3.8 Plains Industrial Hemp Processing Ltd
14.3.9 South Hemp
14.3.10 BAFA Neu GmbH
