Industrial Hemp Market Insights: Key Drivers, Challenges, and Future Outlook
Market Overview The Global Industrial Hemp Market was valued at USD 7,987.24 million in 2023 and is projected to reach USD 46,774.80 million by 2032, expanding at a CAGR of 21.7% during the forecast period (2023–2032). This remarkable growth reflects the increasing recognition of hemp as a sustainable and versatile raw material across industries including…