The Role of Hemp in the Health & Wellness Industry: Key Drivers...

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2025-01-07 17:16:19 - Traduzir

The Role of Hemp in the Health & Wellness Industry: Key Drivers in Market Expansion

The global hemp-based products market was valued at US$ 5.4 billion in 2023 and is projected to grow at a robust compound annual growth rate (CAGR) of 16.2% from 2024 to 2034. This growth will drive the market to an estimated value of US$ 27.7 billion by 2034, reflecting the increasing demand for sustainable and eco-friendly products derived from hemp. Governments are also playing a significant...

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