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Industrial Hemp Market Forecast: Size, Share, and Growth Potential, 2032 | #industrial Hemp Market

Industrial Hemp Market Forecast: Size, Share, and Growth Potential, 2032

Industrial Hemp Market Forecast: Size, Share, and Growth Potential, 2032

In 2024, the global industrial hemp market was valued at USD 9.47 billion. It is expected to expand from USD 11.42 billion in 2025 to USD 47.82 billion by 2032, registering a compound annual growth rate (CAGR) of 22.70% over the forecast period.