These days, at least 70 countries cultivate hemp for commercial or research purposes. The largest producers of hemp are currently China, France, Canada, USA and Chile. In 2023, hemp acreage in North America and the European Union countries totaled about 75,000 acres and 85,000 acres respectively, China – the world’s largest hemp fiber and seed producer – planted more than 340,000 acres of hemp, which put global acreage at about 520,000 acres. According to marketing analysis reports by Technavio, the global industrial hemp market size is set to reach $6.47 billion by 2026 with a CAGR of 17.7%.
In 2023, hemp-derived CBD dominated the market and accounted for 55.7% of total CBD sales. Grand View Research estimates that the global hemp-derived CBD market size has increased to $4.3 billion in 2023 from $2.7 billion in 2022, and it is expected to grow at a CAGR of 15.8% from 2024 to 2030.
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Hemp Cultivation Business Plan Template
Price range: $75.00 through $275.00 Select options This product has multiple variants. The options may be chosen on the product page -
CBD Products Retail/Online Store Business Plan Template
Price range: $75.00 through $275.00 Select options This product has multiple variants. The options may be chosen on the product page -
Hemp Cultivation + Extraction + Manufacturing Business Plan Template
Price range: $75.00 through $450.00 Select options This product has multiple variants. The options may be chosen on the product page -
Hemp Cultivation and CBD Oil Extraction and/or Fiber Products Business Plan Template
Price range: $75.00 through $350.00 Select options This product has multiple variants. The options may be chosen on the product page -
Hemp/CBD Vertically Integrated Investor Pitch Deck Template
$75.00 Select options This product has multiple variants. The options may be chosen on the product page -
CBD Products Manufacturing Business Plan Template
Price range: $75.00 through $350.00 Select options This product has multiple variants. The options may be chosen on the product page -
CBD Oil Extraction Lab Business Plan Template
Price range: $75.00 through $350.00 Select options This product has multiple variants. The options may be chosen on the product page -
Hemp CBD Vertically Integrated Business Plan Template
Price range: $75.00 through $450.00 Select options This product has multiple variants. The options may be chosen on the product page -
Hemp Cultivation Investor Pitch Deck Template
$75.00 Select options This product has multiple variants. The options may be chosen on the product page
