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2026-07-20 11:53:42

Industrial Hemp Market Set for Significant Growth with Expanding Global Applications

The global Industrial Hemp Market is projected to grow from USD 3.57 billion in 2026 to USD 7.83 billion by 2031, registering a CAGR of 17.02%. Growth is supported by increasing demand for hemp-based products across food and beverages, healthcare supplements, textiles, animal feed, and sustainable construction. Key Market Trends Supportive regulations such as the U.S. 2018 Farm Bill and...

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