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Download Free sampleThe global Hemp market was valued at 1559.34 Million USD in 2021 and will grow with a CAGR of 21.92% from 2021 to 2027, based on Research newly published report.
The prime objective of Hemp Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Hemp Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Hemp, or industrial hemp, typically found in the northern hemisphere, is a variety of the Cannabis sativa plant species that is grown specifically for the industrial uses of its derived products. It is one of the fastest growing plants and was one of the first plants to be spun into usable fiber 10,000 years ago.The global average price of Hemp is in the increasing trend, from 16.13 USD/Unit in 2013 to 19.75 USD/Unit in 2017. With the situation of global economy, prices will be in increasing trend in the following five years.
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