APO RESEARCH · REPORT
Hemp
Hemp, or industrial hemp, typically found in the northern hemisphere, is a variety of the Cannabis sativa plant species that is grown specifically for the industrial uses of its derived products. It is one of the fastest growing plants and was one of the first plants to be spun into usable fiber 10,000 years ago.
Product & engineering
Understand the product.
Hemp, or industrial hemp, typically found in the northern hemisphere, is a variety of the Cannabis sativa plant species that is grown specifically for the industrial uses of its derived products. It is one of the fastest growing plants and was one of the first plants to be spun into usable fiber 10,000 years ago.
Selected research
Industry Growth & Trends
Global Hemp Industry Growth and Trends Forecast to 2032
Market perspective
Hemp, or industrial hemp, typically found in the northern hemisphere, is a variety of the Cannabis sativa plant species that is grown specifically for the industrial uses of its derived products. It is one of the fastest growing plants and was one of the first plants to be spun into usable fiber 10,000 years ago.
The main Hemp players include Manitoba Harvest, Isodiol, Canopy Growth Corporation, CW Botanicals, Aphria, etc. The top five Hemp players account for approximately 40% of the total global market. North America is the largest consumer market for Hemp accounting for about 35%, followed by China and Europe. In terms of Type, Hemp Oil is the largest segment, with a share about 37%. And in terms of Applications, the largest segment is Supermarkets, followed by Convenience Stores.
Report Scope
Read the full market overview
This report provides a structured, data-driven view of the global Hemp market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Hemp market size, estimates, and forecasts are presented in terms of sales volume (K Units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Hemp market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Hemp.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Hemp market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Hemp Market by Company
Manitoba Harvest
CW Hemp/CW Botanicals
Aphria
Canopy Growth Corporation
Nutiva
Agropro
CV Sciences
Isodiol
ENDOCA
Jinzhou Qiaopai Biotech
North American Hemp & Grain Co
Yunnan Industrial Hemp
GFR Ingredients Inc
Hempco
Yishutang
Naturally Splendid
BAFA neu GmbH
Aos Products
Suyash Herbs
Hemp Segment by Type
Hemp Seeds
Hemp Oil
Hemp Protein
Soft Gel Caps
Others
Hemp Segment by Application
Supermarkets
Convenience Stores
Others
Hemp Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Hemp market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Hemp and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Hemp.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Hemp manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Hemp in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Hemp Seeds
- Hemp Oil
- Hemp Protein
- Soft Gel Caps
- Others
Applications
- Supermarkets
- Convenience Stores
- Others
Companies covered
- Manitoba Harvest
- CW Hemp/CW Botanicals
- Aphria
- Canopy Growth Corporation
- Nutiva
- Agropro
- CV Sciences
- Isodiol
- ENDOCA
- Jinzhou Qiaopai Biotech
- North American Hemp & Grain Co
- Yunnan Industrial Hemp
- GFR Ingredients Inc
- Hempco
- Yishutang
- Naturally Splendid
- BAFA neu GmbH
- Aos Products
- Suyash Herbs
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Hemp Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Hemp Sales Estimates and Forecasts (2021-2032)
- 1.3 Hemp Market by Type
- 1.3.1 Hemp Seeds
- 1.3.2 Hemp Oil
- 1.3.3 Hemp Protein
- 1.3.4 Soft Gel Caps
- 1.3.5 Others
- 1.4 Global Hemp Market Size by Type
- 1.4.1 Global Hemp Market Size Overview by Type (2021-2032)
- 1.4.2 Global Hemp Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Hemp Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Hemp Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Hemp Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Hemp Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Hemp Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Hemp Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Hemp Industry Trends
- 2.2 Hemp Industry Drivers
- 2.3 Hemp Industry Opportunities and Challenges
- 2.4 Hemp Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Hemp Revenue (2021-2026)
- 3.2 Global Top Players by Hemp Sales (2021-2026)
- 3.3 Global Top Players by Hemp Price (2021-2026)
- 3.4 Global Hemp Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Hemp Major Company Production Sites & Headquarters
- 3.6 Global Hemp Company, Product Type & Application
- 3.7 Global Hemp Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Hemp Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Hemp Players Market Share by Revenue in 2025
- 3.8.3 2025 Hemp Tier 1, Tier 2, and Tier 3
4 Hemp Regional Status and Outlook
- 4.1 Global Hemp Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Hemp Historic Market Size by Region
- 4.2.1 Global Hemp Sales in Volume by Region (2021-2026)
- 4.2.2 Global Hemp Sales in Value by Region (2021-2026)
- 4.2.3 Global Hemp Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Hemp Forecasted Market Size by Region
- 4.3.1 Global Hemp Sales in Volume by Region (2027-2032)
- 4.3.2 Global Hemp Sales in Value by Region (2027-2032)
- 4.3.3 Global Hemp Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Hemp by Application
- 5.1 Hemp Market by Application
- 5.1.1 Supermarkets
- 5.1.2 Convenience Stores
- 5.1.3 Others
- 5.2 Global Hemp Market Size by Application
- 5.2.1 Global Hemp Market Size Overview by Application (2021-2032)
- 5.2.2 Global Hemp Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Hemp Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Hemp Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Hemp Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Hemp Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Hemp Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Hemp Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Manitoba Harvest
- 6.1.1 Manitoba Harvest Company Information
- 6.1.2 Manitoba Harvest Business Overview
- 6.1.3 Manitoba Harvest Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Manitoba Harvest Hemp Product Portfolio
- 6.1.5 Manitoba Harvest Recent Developments
- 6.2 CW Hemp/CW Botanicals
- 6.2.1 CW Hemp/CW Botanicals Company Information
- 6.2.2 CW Hemp/CW Botanicals Business Overview
- 6.2.3 CW Hemp/CW Botanicals Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 CW Hemp/CW Botanicals Hemp Product Portfolio
- 6.2.5 CW Hemp/CW Botanicals Recent Developments
- 6.3 Aphria
- 6.3.1 Aphria Company Information
- 6.3.2 Aphria Business Overview
- 6.3.3 Aphria Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Aphria Hemp Product Portfolio
- 6.3.5 Aphria Recent Developments
- 6.4 Canopy Growth Corporation
- 6.4.1 Canopy Growth Corporation Company Information
- 6.4.2 Canopy Growth Corporation Business Overview
- 6.4.3 Canopy Growth Corporation Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Canopy Growth Corporation Hemp Product Portfolio
- 6.4.5 Canopy Growth Corporation Recent Developments
- 6.5 Nutiva
- 6.5.1 Nutiva Company Information
- 6.5.2 Nutiva Business Overview
- 6.5.3 Nutiva Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Nutiva Hemp Product Portfolio
- 6.5.5 Nutiva Recent Developments
- 6.6 Agropro
- 6.6.1 Agropro Company Information
- 6.6.2 Agropro Business Overview
- 6.6.3 Agropro Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Agropro Hemp Product Portfolio
- 6.6.5 Agropro Recent Developments
- 6.7 CV Sciences
- 6.7.1 CV Sciences Company Information
- 6.7.2 CV Sciences Business Overview
- 6.7.3 CV Sciences Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 CV Sciences Hemp Product Portfolio
- 6.7.5 CV Sciences Recent Developments
- 6.8 Isodiol
- 6.8.1 Isodiol Company Information
- 6.8.2 Isodiol Business Overview
- 6.8.3 Isodiol Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Isodiol Hemp Product Portfolio
- 6.8.5 Isodiol Recent Developments
- 6.9 ENDOCA
- 6.9.1 ENDOCA Company Information
- 6.9.2 ENDOCA Business Overview
- 6.9.3 ENDOCA Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 ENDOCA Hemp Product Portfolio
- 6.9.5 ENDOCA Recent Developments
- 6.10 Jinzhou Qiaopai Biotech
- 6.10.1 Jinzhou Qiaopai Biotech Company Information
- 6.10.2 Jinzhou Qiaopai Biotech Business Overview
- 6.10.3 Jinzhou Qiaopai Biotech Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Jinzhou Qiaopai Biotech Hemp Product Portfolio
- 6.10.5 Jinzhou Qiaopai Biotech Recent Developments
- 6.11 North American Hemp & Grain Co
- 6.11.1 North American Hemp & Grain Co Company Information
- 6.11.2 North American Hemp & Grain Co Business Overview
- 6.11.3 North American Hemp & Grain Co Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 North American Hemp & Grain Co Hemp Product Portfolio
- 6.11.5 North American Hemp & Grain Co Recent Developments
- 6.12 Yunnan Industrial Hemp
- 6.12.1 Yunnan Industrial Hemp Company Information
- 6.12.2 Yunnan Industrial Hemp Business Overview
- 6.12.3 Yunnan Industrial Hemp Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Yunnan Industrial Hemp Hemp Product Portfolio
- 6.12.5 Yunnan Industrial Hemp Recent Developments
- 6.13 GFR Ingredients Inc
- 6.13.1 GFR Ingredients Inc Company Information
- 6.13.2 GFR Ingredients Inc Business Overview
- 6.13.3 GFR Ingredients Inc Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 GFR Ingredients Inc Hemp Product Portfolio
- 6.13.5 GFR Ingredients Inc Recent Developments
- 6.14 Hempco
- 6.14.1 Hempco Company Information
- 6.14.2 Hempco Business Overview
- 6.14.3 Hempco Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Hempco Hemp Product Portfolio
- 6.14.5 Hempco Recent Developments
- 6.15 Yishutang
- 6.15.1 Yishutang Company Information
- 6.15.2 Yishutang Business Overview
- 6.15.3 Yishutang Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Yishutang Hemp Product Portfolio
- 6.15.5 Yishutang Recent Developments
- 6.16 Naturally Splendid
- 6.16.1 Naturally Splendid Company Information
- 6.16.2 Naturally Splendid Business Overview
- 6.16.3 Naturally Splendid Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 Naturally Splendid Hemp Product Portfolio
- 6.16.5 Naturally Splendid Recent Developments
- 6.17 BAFA neu GmbH
- 6.17.1 BAFA neu GmbH Company Information
- 6.17.2 BAFA neu GmbH Business Overview
- 6.17.3 BAFA neu GmbH Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.17.4 BAFA neu GmbH Hemp Product Portfolio
- 6.17.5 BAFA neu GmbH Recent Developments
- 6.18 Aos Products
- 6.18.1 Aos Products Company Information
- 6.18.2 Aos Products Business Overview
- 6.18.3 Aos Products Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.18.4 Aos Products Hemp Product Portfolio
- 6.18.5 Aos Products Recent Developments
- 6.19 Suyash Herbs
- 6.19.1 Suyash Herbs Company Information
- 6.19.2 Suyash Herbs Business Overview
- 6.19.3 Suyash Herbs Hemp Sales, Revenue and Gross Margin (2021-2026)
- 6.19.4 Suyash Herbs Hemp Product Portfolio
- 6.19.5 Suyash Herbs Recent Developments
7 North America by Country
- 7.1 North America Hemp Sales by Country
- 7.1.1 North America Hemp Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Hemp Sales by Country (2021-2026)
- 7.1.3 North America Hemp Sales Forecast by Country (2027-2032)
- 7.2 North America Hemp Market Size by Country
- 7.2.1 North America Hemp Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Hemp Market Size by Country (2021-2026)
- 7.2.3 North America Hemp Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Hemp Sales by Country
- 8.1.1 Europe Hemp Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Hemp Sales by Country (2021-2026)
- 8.1.3 Europe Hemp Sales Forecast by Country (2027-2032)
- 8.2 Europe Hemp Market Size by Country
- 8.2.1 Europe Hemp Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Hemp Market Size by Country (2021-2026)
- 8.2.3 Europe Hemp Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Hemp Sales by Country
- 9.1.1 Asia-Pacific Hemp Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Hemp Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Hemp Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Hemp Market Size by Country
- 9.2.1 Asia-Pacific Hemp Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Hemp Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Hemp Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Hemp Sales by Country
- 10.1.1 South America Hemp Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Hemp Sales by Country (2021-2026)
- 10.1.3 South America Hemp Sales Forecast by Country (2027-2032)
- 10.2 South America Hemp Market Size by Country
- 10.2.1 South America Hemp Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Hemp Market Size by Country (2021-2026)
- 10.2.3 South America Hemp Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Hemp Sales by Country
- 11.1.1 Middle East and Africa Hemp Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Hemp Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Hemp Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Hemp Market Size by Country
- 11.2.1 Middle East and Africa Hemp Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Hemp Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Hemp Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Hemp Value Chain Analysis
- 12.1.1 Hemp Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Hemp Production Mode & Process
- 12.2 Hemp Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Hemp Distributors
- 12.2.3 Hemp Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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