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Global Industrial Hemp Market : Projected To Chart A Stellar Growth

The global industrial hemp market is projected to chart a stellar growth between 2019 and 2029, owing to an impressive CAGR (Compound Annual Growth Rate) of 14.0%. <br><br>READ MORE : https://www.tmrresearch.com/industrial-hemp-market<br><br>GET BROCHURE OF THE REPORT : https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6241

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Global Industrial Hemp Market : Projected To Chart A Stellar Growth

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  1. INDUSTRIAL HEMP MARKET Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2021-2031 TMRResearch www.tmrresearch.com

  2. INDUSTRIAL HEMP MARKET 1MARKETOVERVIEW The global industrial hemp market is projected to chart a stellar growth between 2021 and 2031, owing to an impressive CAGR (Compound Annual Growth Rate) of 14.0%. The growth is majorly attributable to rising demand for bakery products like cookies and bread. TMRResearch www.tmrresearch.com

  3. INDUSTRIAL HEMP MARKET 2 KEY TRENDS High incidence of diabetes is leading to demand for hemp oil and other products. From 1980 to 2014, cases rose from 108 million to 422 million. And, it has been noted that major damage is seen and middle and low income groups. A wide use in a variety of products such as personal care products, dietary supplements, construction materials, automotive materials, food and beverages and so on. TMRResearch www.tmrresearch.com

  4. INDUSTRIAL HEMP MARKET 3DEVELOPMENT In 2017, the Industrial Hemp Act paved for THC in cultivation, consumption, marketing, processing, and distribution. The legislative procedures have had a major impact on the growth of the industry. TMRResearch www.tmrresearch.com

  5. INDUSTRIAL HEMP MARKET 4REGIONAL ANALYSIS Between 2018 and 2025, the region that will show remarkable growth statistics is the European region, owing to a large consumer base of products that use hemp as an ingredient. North America will hold a considerable share owing to its being a primary consumer of such products. Besides, the two regions have a rapidly ageing population to cater to. TMRResearch www.tmrresearch.com

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