Wed. Jun 23rd, 2021

Hemp derivatives are mainly produced from hemp. Hemp is also known as industrial hemp, is a plant of the family cannabaceae cultivated for its fiber or its edible seeds. The hemp derivative is used for millennia in textiles, medicine, and food. Hemp oil is a type of hemp derivatives that offers various health benefits. The hemp seed oil has high levels of vitamins A, C and E, and ?-carotene, and it is rich in minerals like potassium, phosphorus, magnesium, sulfur, and calcium. As a food, the hemp seed oil is very nutritious as it contains an excellent balance of polyunsaturated fatty acids.

The hemp derivatives market has witnessed a significant growth owing to factors such as increasing cultivation of industrial hemp and increasing awareness among the consumers regarding the benefits of hemp consumption. Moreover, surging demand for help derivative in the various industrial application provides a huge market opportunity for the key players operating in the market. However, stringent government regulations for edible products containing hemp derivatives and higher dependence on the import of hemp as raw material is projected to hamper the market growth over the forecast period.

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The Major Market Player Included in This Report are:

-Hemp Oil Canada
-GenCanna Global USA, Inc.
-MH medical hemp
-Konoplex Group
-HempFlax Group B.V.
-BAFA Neu GmbH
-Dun Agro Hemp Group
-Colorado Hemp Works, LLC

The “Global Hemp Derivatives Market Analysis to 2027” is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the hemp derivatives market with detailed market segmentation by type, application and geography. The global hemp derivatives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hemp derivatives market players and offers key trends and opportunities in the market.

The global hemp derivatives market is segmented on the basis of type and application. On the basis of type, the hemp derivatives market is segmented into hemp oil, hemp fiber, and others. The hemp derivatives market on the basis of application is classified into food and beverage, pharmaceuticals, personal care, industrial, and others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global hemp derivatives market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The hemp derivatives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the hemp derivatives market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the hemp derivatives market in these regions.

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The reports cover key developments in the hemp derivatives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from hemp derivatives market are anticipated to lucrative growth opportunities in the future with the rising demand for Hemp derivatives in the global market. Below mentioned is the list of few companies engaged in the Hemp derivatives market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hemp derivatives market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

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