Industrial Hemp Market Analysis - APAC, North America, Europe, South America, Middle East and Africa - US, Canada, China, Germany, France - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 170 SKU: IRTNTR44462

Industrial Hemp Market by Product, Application, and Geography - Forecast 2023-2027

The industrial hemp market size is forecast to increase by USD 6.87 billion between 2022 and 2027, accelerating at a CAGR of 17.1%. In 2017, China held the largest market share, projecting an annual revenue of USD 0.79 billion. The report offers extensive research analysis on the Industrial Hemp Market, with a categorization based on Product, including Seeds, Fiber, and Shivs. It further segments the market by Application, encompassing Textile, Food and beverages, Personal care, Animal care, and Others. Additionally, the report provides geographical segmentation, covering APAC, North America, Europe, South America, and Middle East and Africa. Market size, historical data (2017-2021), and future projections are presented in terms of value (in USD billion) for all the mentioned segments.

What will be the Size of the Industrial Hemp Market During the Forecast Period?

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Industrial Hemp Market Analysis 

The high demand from the textile industry is a key factor driving the industrial hemp market growth. Hemp fibers are gaining popularity as exceptionally strong and durable textile materials, serving as a viable alternative to cotton and synthetic fibers in the textile industry. Their technological, ecological, and economic advantages have led to increased demand for various textile products, including canvas, sailcloth, rope, clothing, and specialty textiles.

Hemp fibers, known for their remarkable capillary action, moisture absorption, and breathability, are ideal for manufacturing military apparel that is waterproof, windproof, wear-resistant, and antimicrobial. They are also used in summer clothing due to their ability to dissipate heat, resist static, and provide UV protection. Furthermore, the government of Uttarakhand introduced a policy in January 2022 to allow industrial and horticultural hemp cultivation under Section 14 of the NDPS Act, 1985. These factors are expected to drive the growth of the industrial hemp market in the forecast period.

Industrial Hemp Market Segment Trends

Seeds Segment Holds the Largest Market Share

The seeds segment was valued at USD 1.11 billion in 2017 and continued to grow until 2021. There are typically two types of hemp seeds organic and conventional. The rising consumer preference for natural and organic food products can be linked to the market growth for organic hemp seeds. As they do not contain any harmful chemicals or pesticides, organic hemp seeds are a healthier alternative to conventional hemp seeds. Additionally, the market is divided into hemp hearts or hulled hemp seed, a preferred option for consumers because of its nutty flavor and high nutritional value.

Moreover, owing to its abundant fiber content and adaptability, whole hemp seed is also becoming more and more popular. Additionally, because of its moisturizing qualities and high concentration of essential fatty acids, the hemp seed oil is frequently used in food and cosmetic products. The versatility and high nutritional content of hemp seeds are fueling the demand for hemp-based food and beverage products globally, which will contribute to the growth of the seeds segment of the global market during the forecast period.

Industrial Hemp Market  - Revenue Share by Product Segment, 2017 - 2027.   

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APAC Holds a Prominent Position in the Industrial Hemp Market

APAC is estimated to contribute 40% to the growth of the global market during the forecast period. Industrial hemp is widely used in the APAC region, where China, Japan, and South Korea are among the major producers and consumers of hemp-based goods. The increasing use of hemp-based products across industries and the legalization of hemp cultivation in several nations, including China, India, Bangladesh, Japan, Australia, etc., are expected to fuel the significant growth of the market in APAC over the coming years.

China accounts for the major portion of the regional market and is also the region's top producer of industrial hemp. The nation has a long history of hemp farming and has used the plant for a variety of things, including papermaking, textiles, and medicine, for many years. The Chinese government has promoted hemp cultivation as a cash crop and acknowledged hemp's potential as a sustainable resource. Moreover, China made up about 26.27% of the industrial hemp market worldwide in 2022. Hence, all the abovementioned factors will boost regional market growth during the forecast period. 

Industrial Hemp Market Size, By Region, Global, 2017 - 2027.   

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 Industrial Hemp Market Companies Overview

The Industrial Hemp Market is fragmented in nature. Some significant players include 22nd Century Group Inc., Aurora Cannabis Inc., Bombay Hemp Co. Pvt. Ltd., Boring Hemp Co., Canopy Growth Corp.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Charlottes Web Holdings Inc., CV Sciences Inc., Deep Nature Project GmbH, Dun Agro Hemp Group, Ecofibre Ltd., Elixinol Wellness Ltd., GFR Ingredients Ltd., Hanma Investment Group Co. Ltd., HempFlax Group BV, HemPoland Sp zoo, Liaoning Qiaopai Biotech Co. Ltd., Medical Marijuana Inc., Nutiva Inc., Parkland Industrial Hemp Growers Co op. Ltd., and Tilray Brands Inc.

Segment Overview

The industrial hemp market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 - 2027.   

  • Product Outlook (USD Billion, 2017 - 2027)
    • Seeds
    • Fiber
    • Shivs
  • Application Outlook (USD Billion, 2017 - 2027)
    • Textile
    • Food and beverages
    • Personal care
    • Animal care
    • Others
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Industrial Hemp Market Scope

Report Coverage

Details

Page number

170

Base year

2022

Historic period

2017 - 2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 17.1%

Market growth 2023-2027

USD 6.87 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

16.76

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 40%

Key countries

US, Canada, China, Germany, and France

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

22nd Century Group Inc., Aurora Cannabis Inc., Bombay Hemp Co. Pvt. Ltd., Boring Hemp Co., Canopy Growth Corp., Charlottes Web Holdings Inc., CV Sciences Inc., Deep Nature Project GmbH, Dun Agro Hemp Group, Ecofibre Ltd., Elixinol Wellness Ltd., GFR Ingredients Ltd., Hanma Investment Group Co. Ltd., HempFlax Group BV, HemPoland Sp zoo, Liaoning Qiaopai Biotech Co. Ltd., Medical Marijuana Inc., Nutiva Inc., Parkland Industrial Hemp Growers Co op. Ltd., and Tilray Brands Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Industrial Hemp Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across APAC, North America, Europe, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global industrial hemp market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global industrial hemp market 2017 - 2021 ($ billion)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Seeds - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Seeds - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Seeds - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Seeds - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Seeds - Year-over-year growth 2022-2027 (%)
    • 6.4 Fiber - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Fiber - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Fiber - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Fiber - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Fiber - Year-over-year growth 2022-2027 (%)
    • 6.5 Shivs - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Shivs - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Shivs - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Shivs - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Shivs - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Product
      • Exhibit 46: Market opportunity by Product ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 48: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 50: Chart on Comparison by Application
      • Exhibit 51: Data Table on Comparison by Application
    • 7.3 Textile - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Textile - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Data Table on Textile - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 54: Chart on Textile - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Textile - Year-over-year growth 2022-2027 (%)
    • 7.4 Food and beverages - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Food and beverages - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Data Table on Food and beverages - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 58: Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)
    • 7.5 Personal care - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Personal care - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Data Table on Personal care - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 62: Chart on Personal care - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Personal care - Year-over-year growth 2022-2027 (%)
    • 7.6 Animal care - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Animal care - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Data Table on Animal care - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 66: Chart on Animal care - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Animal care - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by Application
      • Exhibit 72: Market opportunity by Application ($ billion)
      • Exhibit 73: Data Table on Market opportunity by Application ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Canada - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 112: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 113: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.12 France - Market size and forecast 2022-2027
      • Exhibit 115: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 116: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 117: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ billion)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 22nd Century Group Inc.
              • Exhibit 127: 22nd Century Group Inc. - Overview
              • Exhibit 128: 22nd Century Group Inc. - Product / Service
              • Exhibit 129: 22nd Century Group Inc. - Key offerings
            • 12.4 Aurora Cannabis Inc.
              • Exhibit 130: Aurora Cannabis Inc. - Overview
              • Exhibit 131: Aurora Cannabis Inc. - Business segments
              • Exhibit 132: Aurora Cannabis Inc. - Key offerings
              • Exhibit 133: Aurora Cannabis Inc. - Segment focus
            • 12.5 Bombay Hemp Co. Pvt. Ltd.
              • Exhibit 134: Bombay Hemp Co. Pvt. Ltd. - Overview
              • Exhibit 135: Bombay Hemp Co. Pvt. Ltd. - Product / Service
              • Exhibit 136: Bombay Hemp Co. Pvt. Ltd. - Key offerings
            • 12.6 Boring Hemp Co.
              • Exhibit 137: Boring Hemp Co. - Overview
              • Exhibit 138: Boring Hemp Co. - Product / Service
              • Exhibit 139: Boring Hemp Co. - Key offerings
            • 12.7 Canopy Growth Corp.
              • Exhibit 140: Canopy Growth Corp. - Overview
              • Exhibit 141: Canopy Growth Corp. - Business segments
              • Exhibit 142: Canopy Growth Corp. - Key news
              • Exhibit 143: Canopy Growth Corp. - Key offerings
              • Exhibit 144: Canopy Growth Corp. - Segment focus
            • 12.8 Charlottes Web Holdings Inc.
              • Exhibit 145: Charlottes Web Holdings Inc. - Overview
              • Exhibit 146: Charlottes Web Holdings Inc. - Product / Service
              • Exhibit 147: Charlottes Web Holdings Inc. - Key news
              • Exhibit 148: Charlottes Web Holdings Inc. - Key offerings
            • 12.9 CV Sciences Inc.
              • Exhibit 149: CV Sciences Inc. - Overview
              • Exhibit 150: CV Sciences Inc. - Business segments
              • Exhibit 151: CV Sciences Inc. - Key offerings
              • Exhibit 152: CV Sciences Inc. - Segment focus
            • 12.10 Deep Nature Project GmbH
              • Exhibit 153: Deep Nature Project GmbH - Overview
              • Exhibit 154: Deep Nature Project GmbH - Product / Service
              • Exhibit 155: Deep Nature Project GmbH - Key offerings
            • 12.11 Dun Agro Hemp Group
              • Exhibit 156: Dun Agro Hemp Group - Overview
              • Exhibit 157: Dun Agro Hemp Group - Product / Service
              • Exhibit 158: Dun Agro Hemp Group - Key offerings
            • 12.12 Ecofibre Ltd.
              • Exhibit 159: Ecofibre Ltd. - Overview
              • Exhibit 160: Ecofibre Ltd. - Business segments
              • Exhibit 161: Ecofibre Ltd. - Key offerings
              • Exhibit 162: Ecofibre Ltd. - Segment focus
            • 12.13 Elixinol Wellness Ltd.
              • Exhibit 163: Elixinol Wellness Ltd. - Overview
              • Exhibit 164: Elixinol Wellness Ltd. - Business segments
              • Exhibit 165: Elixinol Wellness Ltd. - Key offerings
              • Exhibit 166: Elixinol Wellness Ltd. - Segment focus
            • 12.14 GFR Ingredients Ltd.
              • Exhibit 167: GFR Ingredients Ltd. - Overview
              • Exhibit 168: GFR Ingredients Ltd. - Key offerings
            • 12.15 Hanma Investment Group Co. Ltd.
              • Exhibit 169: Hanma Investment Group Co. Ltd. - Overview
              • Exhibit 170: Hanma Investment Group Co. Ltd. - Product / Service
              • Exhibit 171: Hanma Investment Group Co. Ltd. - Key offerings
            • 12.16 HempFlax Group BV
              • Exhibit 172: HempFlax Group BV - Overview
              • Exhibit 173: HempFlax Group BV - Product / Service
              • Exhibit 174: HempFlax Group BV - Key offerings
            • 12.17 HemPoland Sp zoo
              • Exhibit 175: HemPoland Sp zoo - Overview
              • Exhibit 176: HemPoland Sp zoo - Product / Service
              • Exhibit 177: HemPoland Sp zoo - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 178: Inclusions checklist
                • Exhibit 179: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 180: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 181: Research methodology
                • Exhibit 182: Validation techniques employed for market sizing
                • Exhibit 183: Information sources
              • 13.5 List of abbreviations
                • Exhibit 184: List of abbreviations
              • rate of industrialization: Several products from the global diversified chemicals market are used in various industries, including automotive, polymer modification, chemicals, and consumer goods. The growth of the global diversified chemicals market is highly influenced by the growing rate of industrialization across the world, especially in emerging economies.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                Key Questions Answered

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                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
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                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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