Global Hemp Oil Market Outlook 2021: Global Opportunity and Demand Analysis, Market Forecast, 2022-2030
Top Driver: The rise in awareness about the benefits of hemp oil will drive the market.
The increasing adoption of hemp oil for nutraceutical and pharma purposes and increased awareness regarding the use of hemp oil are the key reasons for the market growth. Hemp oil provides pain relief in cases of chronic pain and nerve pain, and also helps in treating anxiety and sleep disorders. The wide availability of hemp oil on e-commerce platforms has positively impacted the markets growth.
Hemp Seed Oil has obtained the highest growth in the global hemp oil market.
Based on type, the hemp seedoil segment has shown the most significant growth. The benefits obtained by Hemp SeedOil are hormone balance, promoting weight loss, boosting immunity, and having various anti-inflammatory properties. These are the key reasons for the segments growth. However, the hemp CBD oil segment is expected to rise as the fastest-growing market owing to its therapeutic and neuroprotective properties, etc.
Based on application, the pharmaceutical and nutraceutical segment has held the lucrative share as it contains polyunsaturated fatty acids, protein, omega3, omega 6, etc. These factors have primarily boosted the segment.
Hemp Oi will rule the regional market due to the rise in demand for Hemp Oi in the end-use sector.
The rise in the demand for hemp oil in the end-use sectors has primarily improved the market in North America. The relaxed regulation by the government regarding the use of hemp oil has significantly boosted the market growth in the region. The rise in the occurrence of disease-causing pain and inflammation and an increase in awareness about the benefits of hemp oil have further improved the regional market. The Asia-Pacific region is projected to grow at a faster rate owing to the growth in the demand for improved healthcare infrastructure and the rise in the demand for hemp oil in the treatment of various ailments, which has further improved the regional market share.
Product launches and signing merger and acquisition deals are the strategies of the competitors.
Competitors are focusing on developing new technologies for enhancing treatment capabilities, product launches, and signing merger and acquisition deals. The major competitors in the hemp oil market are Isodiol International Inc., HempLife Today, Hemp Oil Canada Inc., Medical Marijuana, Inc., CV Sciences, Inc., FOLIUM BIOSCIENCES, Pharmahempd.o.o., Gaia Botanicals, LLC, Canazil, and Spring Creek Labs.
FOLIUM BIOSCIENCES: FOLIUM BIOSCIENCES is the leading competitor in the hemp oil market. In March 2019, FOLIUM BIOSCIENCES announced the acquisition of FeyeCon Development and Implementation, BV, and FeyeCon, BV. The acquisition was made to expand its portfolio with different cannabis products.
Isodiol International Inc.: Isodiol International Inc. is one of the most popular competitors in the hemp oil market. In December 2018, Isodiol International Inc. announced the acquisition of Food Labs, Inc. The deal was made for USD 12 million. The acquisition was made to expand its portfolio.
Scope of the Report
By Type
Hemp Seed Oil
Hemp CBD Oil
Hemp Essential Oil
By Application
Pharmaceutical and Nutraceutical
Personal Care
Industrial Uses
Food and Beverages
By Region
North America
Europe
Asia Pacific
Rest Of World
Key Reasons to Purchase this Report
1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders a definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
1.2 Market Segmentation
Chapter 2 Our Research Practice
2.1 Our Research Methodology
2.2 Data Triangulation
2.3 Data Sources
2.4 Assumptions for the study
2.5 Approach Adopted
Chapter 3 Executive Summary
3.1 Market Snapshot
3.2 Regional Snapshot
3.3 Segment Summary
Chapter 4 Covid-19 Impact Analysis
4.1 Overview
4.2 Prevalence analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Hemp Oil Market Forces
5.1 Whats Driving the Market
5.2 Porters Five Forces Analysis
5.2.1 Power of Suppliers
5.2.2 Threats From New Entrants
5.2.3 Power of Buyer
5.2.4 Threat From Substitute Product
5.2.5 Degree of Competition
Chapter 6 Global Hemp Oil Market -Industry Snapshots
6.1 Overview
6.1.1 Global Hemp Oil Market Value, 2019 - 2030, (US$ Bn)
6.2 Market Overview
6.2.1 Drivers Analysis
6.2.2 Restraint/Challenges analysis
6.2.3 Opportunity Analysis
6.3 Supply Chain/Value Chain Analysis
6.4 Market SWOT Analysis
Chapter 7 Global Hemp Oil Market Analysis, by Type
7.1 Overview
7.2 Key Findings for Hemp Oil Market- By Type
7.2.1 Hemp Oil Market- Hemp Seed Oil
7.2.2 Hemp Oil Market- Hemp CBD Oil
7.2.3 Hemp Oil Market- Hemp Essential Oil
Chapter 8 Global Hemp Oil Market Analysis, by Application
8.1 Overview
8.2 Key Findings for Hemp Oil Market- By Application
8.2.1 Hemp Oil Market- Pharmaceutical and Nutraceutical
8.2.2 Hemp Oil Market- Personal Care
8.2.3 Hemp Oil Market- Industrial Uses
8.2.4 Hemp Oil Market- Food and Beverages
Chapter 9 Hemp Oil Market Analysis by Region
9.1 Key Findings for Hemp Oil Market- By region
9.2 Overview
9.2.1 Global Hemp Oil Market Analysis, By Type, 2019 - 2030
9.2.2 Global Hemp Oil Market Analysis, By Application, 2019 - 2030
9.3 Hemp Oil Market North America
9.3.1 Overview
9.3.2 U.S.
9.3.3 Canada
9.3.4 Mexico
9.3.5 North America Market, By Type
9.3.6 North America Market, By Application
9.4 Hemp Oil Market Europe
9.4.1 Overview
9.4.2 Germany
9.4.3 United Kingdom
9.4.4 France
9.4.5 Italy
9.4.6 Rest Of Europe
9.4.7 Europe Market, By Type
9.4.8 Europe Market, By Application
9.5 Hemp Oil Market Asia Pacific
9.5.1 Overview
9.5.2 China
9.5.3 Japan
9.5.4 India
9.5.5 Rest of APAC
9.5.6 Asia Pacific Market, By Type
9.5.7 Asia Pacific Market, By Application
9.6 Hemp Oil Market Rest Of World
9.6.1 Overview
9.6.2 Middle East & Africa (MEA)
9.6.3 South America
9.6.4 Rest Of World
9.6.5 South America, Middle East and Africa Market, By Type
9.6.6 South America, Middle East and Africa Market, By Application
Chapter 10 Market Competition Analysis
10.1 Market Share/Positioning Analysis
10.1.1 Market Positioning of Key Vendors, 2019
10.1.2 Key Strategies Adopted by the Leading Players
10.1.3 Recent Developments
Chapter 11 Company Profiles- Snapshot
11.1 Isodiol International Inc.
11.1.1 Business Fundamentals
11.1.2 Financial Snapshots
11.1.3 Product Portfolio
11.1.4 Recent Developments
11.2 HempLife Today
11.3 Hemp Oil Canada Inc.
11.4 Medical Marijuana, Inc.
11.5 CV Sciences, Inc.
11.6 FOLIUM BIOSCIENCES
11.7 Pharmahemp d.o.o.
11.8 Gaia Botanicals, LLC
11.9 Canazil
11.10 Spring Creek Labs
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies
Chapter 12 Appendix
List Of Tables
TABLE 1 Hemp Oil Market by Type 1, 2018 - 2026 (USD Million)TABLE 2 Hemp Oil Market by Type 2, 2018 - 2026 (USD Million)
TABLE 3 Hemp Oil Market by Type 3, 2018 - 2026 (USD Million)
TABLE 4 Hemp Oil Market by Application 1, 2018 - 2026 (USD Million)
TABLE 5 Hemp Oil Market by Application 2, 2018 - 2026 (USD Million)
TABLE 6 Hemp Oil Market by Application 3, 2018 - 2026 (USD Million)
TABLE 7 Hemp Oil Market by Application 4, 2018 - 2026 (USD Million)
TABLE 8 Global Hemp Oil Market Value, By Type, 2019 - 2030 (US$ Bn)
TABLE 9 Global Hemp Oil Market Value, By Application, 2019 - 2030 (US$ Bn)
TABLE 10 Hemp Oil Market Analysis by North America (USD Million), 2018-2026
TABLE 11 U.S. Hemp Oil Market, 2018 - 2026 (USD Million)
TABLE 12 U.S. Hemp Oil Market, By Type, 2018 - 2026 (USD Million)
TABLE 13 U.S. Hemp Oil Market, By Application, 2018 - 2026 (USD Million)
TABLE 14 Canada Hemp Oil Market, 2018 - 2026 (USD Million)
TABLE 15 Canada Hemp Oil Market, By Type, 2018 - 2026 (USD Million)
TABLE 16 Canada Hemp Oil Market, By Application, 2018 - 2026 (USD Million)
TABLE 17 Mexico Hemp Oil Market, 2018 - 2026 (USD Million)
TABLE 18 Mexico Hemp Oil Market, By Type, 2018 - 2026 (USD Million)
TABLE 19 Mexico Hemp Oil Market, By Application, 2018 - 2026 (USD Million)
TABLE 20 Hemp Oil Market Analysis by Europe (USD Million), 2018-2026
TABLE 21 Germany Hemp Oil Market, 2018 - 2026 (USD Million)
TABLE 22 Germany Hemp Oil Market, By Type, 2018 - 2026 (USD Million)
TABLE 23 Germany Hemp Oil Market, By Application, 2018 - 2026 (USD Million)
TABLE 24 United Kingdom Hemp Oil Market, 2018 - 2026 (USD Million)
TABLE 25 United Kingdom Hemp Oil Market, By Type, 2018 - 2026 (USD Million)
TABLE 26 United Kingdom Hemp Oil Market, By Application, 2018 - 2026 (USD Million)
TABLE 27 France Hemp Oil Market, 2018 - 2026 (USD Million)
TABLE 28 France Hemp Oil Market, By Type, 2018 - 2026 (USD Million)
TABLE 29 France Hemp Oil Market, By Application, 2018 - 2026 (USD Million)
TABLE 30 Italy Hemp Oil Market, 2018 - 2026 (USD Million)
TABLE 31 Italy Hemp Oil Market, By Type, 2018 - 2026 (USD Million)
TABLE 32 Italy Hemp Oil Market, By Application, 2018 - 2026 (USD Million)
TABLE 33 Rest Of Europe Hemp Oil Market, 2018 - 2026 (USD Million)
TABLE 34 Rest Of Europe Hemp Oil Market, By Type, 2018 - 2026 (USD Million)
TABLE 35 Rest Of Europe Hemp Oil Market, By Application, 2018 - 2026 (USD Million)
TABLE 36 Hemp Oil Market Analysis by Asia Pacific (USD Million), 2018-2026
TABLE 37 China Hemp Oil Market, 2018 - 2026 (USD Million)
TABLE 38 China Hemp Oil Market, By Type, 2018 - 2026 (USD Million)
TABLE 39 China Hemp Oil Market, By Application, 2018 - 2026 (USD Million)
TABLE 40 Japan Hemp Oil Market, 2018 - 2026 (USD Million)
TABLE 41 Japan Hemp Oil Market, By Type, 2018 - 2026 (USD Million)
TABLE 42 Japan Hemp Oil Market, By Application, 2018 - 2026 (USD Million)
TABLE 43 India Hemp Oil Market, 2018 - 2026 (USD Million)
TABLE 44 India Hemp Oil Market, By Type, 2018 - 2026 (USD Million)
TABLE 45 India Hemp Oil Market, By Application, 2018 - 2026 (USD Million)
TABLE 46 Rest of APAC Hemp Oil Market, 2018 - 2026 (USD Million)
TABLE 47 Rest of APAC Hemp Oil Market, By Type, 2018 - 2026 (USD Million)
TABLE 48 Rest of APAC Hemp Oil Market, By Application, 2018 - 2026 (USD Million)
TABLE 49 Hemp Oil Market Analysis by Rest Of World (USD Million), 2018-2026
TABLE 50 Middle East & Africa (MEA) Hemp Oil Market, 2018 - 2026 (USD Million)
TABLE 51 Middle East & Africa (MEA) Hemp Oil Market, By Type, 2018 - 2026 (USD Million)
TABLE 52 Middle East & Africa (MEA) Hemp Oil Market, By Application, 2018 - 2026 (USD Million)
TABLE 53 South America Hemp Oil Market, 2018 - 2026 (USD Million)
TABLE 54 South America Hemp Oil Market, By Type, 2018 - 2026 (USD Million)
TABLE 55 South America Hemp Oil Market, By Application, 2018 - 2026 (USD Million)
TABLE 56 Rest Of World Hemp Oil Market, 2018 - 2026 (USD Million)
TABLE 57 Rest Of World Hemp Oil Market, By Type, 2018 - 2026 (USD Million)
TABLE 58 Rest Of World Hemp Oil Market, By Application, 2018 - 2026 (USD Million)
List Of Figures
FIG. 1 Global Hemp Oil: Market SegmentationFIG. 2 Global Hemp Oil Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Market Snapshot
FIG. 5 Porters Five Forces Analysis
FIG. 6 Global Hemp Oil Market Value, 2019 - 2030, (US$ Bn)
FIG. 7 Supply Chain/Value Chain Analysis
FIG. 8 Global Hemp Oil Market Value Contribution, By Type, 2019 & 2026 (%)
FIG. 9 Global Hemp Oil Market Value Contribution, By Application, 2019 & 2026 (%)
FIG. 10 Global Hemp Oil Market Value, 2019 - 2030, (US$ Bn)
FIG. 11 North America Hemp Oil Market Value, 2019 - 2030, (US$ Bn)
FIG. 12 Hemp Oil Market Segment 1 North America
FIG. 13 Hemp Oil Market Segment 2 North America
FIG. 14 Hemp OilU.S. outlook, 2019 & 2026
FIG. 15 Hemp OilCanada outlook, 2019 & 2026
FIG. 16 Hemp OilMexico outlook, 2019 & 2026
FIG. 17 Europe Hemp Oil Market Value, 2019 - 2030, (US$ Bn)
FIG. 18 Hemp Oil Market Segment 1 Europe
FIG. 19 Hemp Oil Market Segment 2 Europe
FIG. 20 Hemp OilGermany outlook, 2019 & 2026
FIG. 21 Hemp OilUnited Kingdom outlook, 2019 & 2026
FIG. 22 Hemp OilFrance outlook, 2019 & 2026
FIG. 23 Hemp OilItaly outlook, 2019 & 2026
FIG. 24 Hemp OilRest Of Europe outlook, 2019 & 2026
FIG. 25 Asia Pacific Hemp Oil Market Value, 2019 - 2030, (US$ Bn)
FIG. 26 Hemp Oil Market Segment 1 Asia Pacific
FIG. 27 Hemp Oil Market Segment 2 Asia Pacific
FIG. 28 Hemp OilChina outlook, 2019 & 2026
FIG. 29 Hemp OilJapan outlook, 2019 & 2026
FIG. 30 Hemp OilIndia outlook, 2019 & 2026
FIG. 31 Hemp OilRest of APAC outlook, 2019 & 2026
FIG. 32 Rest Of World Hemp Oil Market Value, 2019 - 2030, (US$ Bn)
FIG. 33 Hemp Oil Market Segment 1 Rest Of World
FIG. 34 Hemp Oil Market Segment 2 Rest Of World
FIG. 35 Hemp OilMiddle East & Africa (MEA) outlook, 2019 & 2026
FIG. 36 Hemp OilSouth America outlook, 2019 & 2026
FIG. 37 Hemp OilRest Of World outlook, 2019 & 2026
Companies Mentioned
CV Sciences
Medical Marijuana
Aurora Cannabis
Canopy Growth Corporation
Canntrust
Tilray
Kazmira LLC
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