Industrial Hemp Market to reach $25.7Bn by 2034 with 14.5% CAGR driven by sustainable innovations and growing demand across various sectors.
Industrial Hemp Market to surge from $6.6Bn to $25.7Bn by 2034, driven by a steady 14.5% CAGR, as sustainable innovations, carbon sequestration, and soil remediation align with sustainable farming practices. Demand for hemp is growing rapidly across various sectors, including textiles, construction, biofuels, and nutritional supplements, with environmentally conscious consumers playing a significant role.
June 12, 2024
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