Industrial Hemp Market Size, Share & Trends Analysis Report By Product Type, By Application, By Source, By Region And Segment Forecasts 2026 – 2035

The Industrial Hemp Market involves the production and use of low-THC hemp for industrial applications like fiber, seeds, and oils in sustainable products.

Key factors include legalization, demand for eco-friendly materials, technological advancements, and expanding applications in food and textiles.

The market is projected to grow from USD 7.14 billion in 2026 to USD 40.65 billion by 2035.

The market is expected to grow at a CAGR of 19% from 2026 to 2035.

Asia Pacific will contribute notably, holding a 35% share due to large-scale production and exports.

Major players include Curaleaf Holdings, Inc., Green Thumb Industries, Canopy Growth Corporation, AURORA CANNABIS INC., The Cronos Group, Ecofibre Ltd, HempFlax Group B.V., Dun Agro Hemp Group, Fresh Hemp Foods Ltd., and GenCanna.

The report provides analysis of size, trends, segments, regions, players, and forecasts from 2026 to 2035.

Stages include cultivation, harvesting, processing, product manufacturing, distribution, and end-use applications.

Trends focus on sustainability and wellness, with consumers preferring organic, eco-friendly hemp products.

Legalization and eco-policies boost growth, while THC regulations and climate variability pose challenges.