Hemp oil (hemp seed oil or hempseed oil) is oil obtained by pressing hemp seeds. Cold pressed, unrefined hemp oil is dark to clear light green in color, with a nutty flavor. The darker the color, the grassier the flavour. It should not be confused with hash oil, a tetrahydrocannabinol-containing oil made from the Cannabis flower.
This report contains market size and forecasts of Hemp Oil in global, including the following market information:
Global Hemp Oil Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hemp Oil Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Hemp Oil companies in 2021 (%)
The global Hemp Oil market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Food Grade Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hemp Oil include Cannavest, Pharmahemp, ENDOCA, BAFA Gmbh, Protect Pharma Rakitovica, Biobloom Hemp, Deep Nature Project, Harmony and DragonflyCBD, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hemp Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hemp Oil Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Hemp Oil Market Segment Percentages, by Type, 2021 (%)
Food Grade
Pharmaceutical Grade
Global Hemp Oil Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Hemp Oil Market Segment Percentages, by Application, 2021 (%)
Food
Cosmetic
Pharmaceutical
Other
Global Hemp Oil Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Hemp Oil Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hemp Oil revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hemp Oil revenues share in global market, 2021 (%)
Key companies Hemp Oil sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Hemp Oil sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cannavest
Pharmahemp
ENDOCA
BAFA Gmbh
Protect Pharma Rakitovica
Biobloom Hemp
Deep Nature Project
Harmony
DragonflyCBD
MH medical hemp GmbH
Celtic Wind
Elixinol
HemPoland
Opencrop GmbH