Industrial Hemp Market is projected to touch USD 10,227 million by 2028 increasing at 16.5% CAGR during 2021-2028 | Size, Report & Forecast
The Industrial Hemp Market was calculated around USD 3,014 million in 2020 and is expected to reach USD 10,227 million by 2028, growing at a CAGR of 16.5% over the forecast period (2021-2028).
The factors driving the growth of Industrial Hemp Market includes rising prevalence of arthritis, migraine, and fibromyalgia, growing consumption of hemp-based food products and supplements around the world, increasing geriatric population and improvements in the living standards.
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https://www.marketwatch.com/press-release/industrial-hemp-market-is-projected-to-touch-usd-10227-million-by-2028-increasing-at-165-cagr-during-2021-2028-size-report-forecast-2022-10-03