Industrial Hemp Market Revenue Size, Share, Trends and Growth Forecast by 2032

The global industrial hemp market was valued at USD 9.47 billion in 2024 and is expected to expand from USD 11.42 billion in 2025 to USD 47.82 billion by 2032, reflecting a CAGR of 22.70% during the forecast period. In 2024, Europe dominated the market, accounting for a 31.04% share.

Information Source: https://www.fortunebusinessins....ights.com/industrial

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