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Industrial Hemp Market is Projected to Grow USD 20.9 Billion by 2033 | At CAGR 14.5% | #industrial Hemp Market Share #industrial Hemp Market Size #industrial Hemp Market trends

Industrial Hemp Market is Projected to Grow USD 20.9 Billion by 2033 | At CAGR 14.5%

Industrial Hemp Market is Projected to Grow USD 20.9 Billion by 2033 | At CAGR 14.5%

The global industrial hemp market size was valued at USD 6.2 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 20.9 Billion by 2033, exhibiting a CAGR of 14.5% during 2025-2033. Asia-Pacific currently dominates the market, holding a significant market share of