Hemp-based Products Market: Size, price, scope, analysis, and forecast from 2024 to 2030

Global Hemp-based Products Market Analysis

The global Hemp-based Products market was valued at US$ 7.2 Bn. in 2023 and is projected to reach US$ 20.5 Bn. by 2030, growing at a CAGR of 22.1% during the forecast period.

Market Overview

A comprehensive market study on the global Hemp-based Products Market  industry was conducted through extensive primary and secondary research. This secondary research complemented existing data, segmented the market, evaluated the total market size, and projected the market size and growth rate.

Market Scope

Maximize Market Research gathers data from various sources to provide a detailed regional perspective. Country-level analyses are based on insights from regional stakeholders, tax laws and policies, consumer behavior, and macroeconomic statistics.

Market Drivers and Restraints

The report details the major drivers and restraints influencing the Hemp-based Products market.

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The market has been segmented based on various criteria to provide detailed insights.

by Product Type

Hemp oil

by Application

Food and drinks
Personal care

by Source


Key Players

The report includes profiles of key players in the Hemp-based Products market.

1. Charlotte’s Web (Colorado)
2. HempMeds (South Carolina)
3. Lazarus Naturals (Oregon)
4. Endoca (Denmark)
5. CBDfx (Nevada)
6. Joy Organics (Colorado)
7. Green Roads (Florida)
8. Royal CBD (Nevada)
9. NuLeaf Naturals (Colorado)
10. CBDistillery (Colorado)
11. HempFlax (Netherlands)
12. Hemptiva (India)
13. Hempura (India)
14. Lord Jones (New York)
15. Medterra (Arizona)
16. CBD American Shaman (Washington)
17. FabCBD (California)
18. CBDMD (Florida)
19. PureKana (Arizona)
20. CBD For Life (Nevada)
21. Blessed CBD (United Kingdom)
22. Hempika (Poland)
23. CBD Therapy (Brazil)
24. Hemp.Direct (Australia)
25. Green Lotus Hemp (Argentina)
26. Hemp Bombs (Nevada)
27. CBD Pure (United Kingdom)

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Regional Analysis

The country-level analysis identifies high-growth categories, countries with the largest market share, and those with significant development potential. The report covers regions including:

  • North America (USA, Canada)
  • South America
  • Asia Pacific (China, Japan, India, Korea)
  • Europe (Germany, UK, France, Italy)
  • Other regions

COVID-19 Impact Analysis

The report includes an analysis of the impact of COVID-19 on the global Hemp-based Products market.

Key Questions Answered

  • Which product segment had the largest share in the Hemp-based Products market in 2020?
  • What is the projected competitive landscape of the Hemp-based Products market during the forecast period (2021-2027)?
  • What are the key factors driving the growth of the Hemp-based Products market?
  • Which region held the maximum share of the Hemp-based Products market in 2020?
  • What will be the CAGR of the global Hemp-based Products market during the forecast period (2021-2027)?

About Maximize Market Research

Maximize Market Research is a diversified market research and consulting firm with expertise across various industries, including medical devices, pharmaceuticals, science and engineering, electronics, industrial equipment, technology and communication, automotive, chemicals, general merchandise, beverages, personal care, and automated systems. Our services include market-verified industry estimates, technical trend analysis, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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