Projected Surge: Global Industrial Hemp Market Set to Reach $15.01 Billion by 2028

rahul.b

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The global industrial hemp market is poised for remarkable growth, with a projected value of $15.01 billion by 2028. Increasing awareness about the multiple applications of hemp in various industries such as textiles, construction, and food & beverages is driving market expansion. Additionally, the rising demand for sustainable and eco-friendly products, coupled with the legalization of hemp cultivation in several countries, is fueling industry growth. With its versatility, durability, and eco-conscious appeal, industrial hemp is emerging as a lucrative market opportunity for businesses worldwide.

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Projected Surge: Global Industrial Hemp Market Set to Reach $15.01 Billion by 2028