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Pulished Date January, 2021
ID: 10739
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Europe Industrial Hemp Market Research Report - Segmented By Type, Application and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of EU) – Industry Size, Share, Trends & Growth Forecast (2021 to 2026)

Pulished: January, 2021
ID: 10739
Pages: 190

Europe Industrial Hemp Market Size (2020 to 2025)

The European Industrial Hemp Market size is estimated to hike at a CAGR of 12.9% between 2020 to 2025.

The growing incidence of cancer in the European countries and the growing prevalence of oil paints, printing inks, and coatings are majorly contributing to the market's growth. Government and non-government organizations are increasing the investments in developing the new product using industrial hemp in various sectors and leveling up the market's growth rate. Rising usage of the derived products of hemp oil in food and beverages, growing expenditure on personal care products, and the increasing disposable income are also anticipated to promote the growth rate of the market.

Additionally, rising investments in the development of novel drugs and the increasing scale of the research and institutes across the region favor market growth. In many countries, industrial hemp is legalized by the government authorities, which propelled the crop production from 2018. The launch of new products in the skin cares sector, which favors the end-users, is greatly influencing the demand of the industrial hemp market.

However, strict rules and regulations in approving the new product launch by government authorities quietly impede the market's growth rate. Also, people in rural areas are less aware of industrial hemp cultivation due to less knowledge over the benefits of hemp-based products is limiting the demand for the industrial hemp market in Europe. Complex regulatory systems are additionally declining the growth rate of the market. Besides, regular use of hemp products in healthcare causes some side effects, slowly hampering the market’s demand.

COVID 19 impact on the industrial hemp market in Europe:

COVID 19 has shown disrupted results in every sector. Due to lockdown restrictions and a ban on international flights, there is a reduced supply chain in the first half of 2020. Some studies show that medical use of hemp-based products has successful results in treating the COVID 19. As cannabis has anti-inflammatory properties, it is very efficient in reducing stress and anxiety. So, these particular properties of industrial hemp in healthcare are propelling the growth rate of the market. Also, it is observed that the hemp-based medicines are lowering the risk among the COVID 19 patients. COVID 19 is not over yet; the pandemic will continue for some years where there is an increasing number of researches and development activities in the healthcare using industrial hemp during these tough times is gearing up the shares of the market.

This research report on the European industrial hemp market has been segmented & sub-segmented into the following categories:

By Type:

  • Hemp seed
  • Hemp seed oil
  • CBD hemp oil
  • Hemp fiber

By Application:

  • Food
    • Snacks & cereals
    • Soup, sauces, and seasonings
    • Bakery
    • Dairy & frozen desserts
    • Others (cold cereals, pasta, chocolate spreads, and pet food)
  • Beverages
    • Hot beverages
    • Sports & energy drinks
    • Ready to drink
    • Others (meal replacement drinks, beverage mixes, beverage concentrates, and juice drinks)
  • Personal care products
  • Textiles
  • Pharmaceuticals
  • Others (paper, automobiles, construction & materials, furniture, and pet food)

By Country:

  • UK
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Sweden
  • Denmark
  • Switzerland
  • Netherlands
  • Turkey
  • Czech Republic
  • Rest of EU

Geographically, In Europe, the demand for industrial hemp is surging for the past few years. In 2019, Europe held 22.2% of revenue shares of the market. An increasing number of industries like textiles, automotive, fabrics, and others across the region are mainly promoting the market's growth rate. The legalization of industrial hemp in most countries due to its varied advantages in different fields is anticipated to fuel the market's growth rate. An increasing number of COVID 19 cases is also one factor for the growing demand of the industrial hemp market. Constant economic growth in the developed countries is escalating the growth rate of the market. UK and Germany are two major countries contributing the highest shares for the market. Creating awareness and increasing demand for hemp-based products in healthcare and others create growth opportunities for the market. Germany is projected to hit the highest CAGR in the near future.

Key market participants dominating the European Industrial Hemp market are Hempco, Ecofibre, Hemp Inc., Gencanna, Hempflax BV, Konoplex Group, Hemp Oil Canada, BAFA, Hemp Poland, Dun Agro, Colorado Hemp Works, and Canah International.

  1. Introduction
    1. Market Definition
    2. Study Deliverables
    3. Base Currency, Base Year and Forecast Periods
    4. General Study Assumptions
  2. Research Methodology
    1. Introduction
    2. Research Phases
      1. Secondary Research
      2. Primary Research
      3. Econometric Modelling
      4. Expert Validation
    3. Analysis Design
    4. Study Timeline
  3. Overview
    1. Executive Summary
    2. Key Inferences
    3. New Developments
  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
    1. Market Drivers
    2. Market Restraints
    3. Key Challenges
    4. Current Opportunities in the Market
  5. Market Segmentation
    1. By Type
      1. Hemp seed
      2. Hemp seed oil
      3. CBD hemp oil
      4. Hemp fiber
      5. Y-o-Y Growth Analysis, By Type
      6. Market Attractiveness Analysis, By Type
      7. Market Share Analysis, By Type
    2. By Application
      1. Food
        1. Snacks & cereals
        2. Soup, sauces, and seasonings
        3. Bakery
        4. Dairy & frozen desserts
        5. Others (cold cereals, pasta, chocolate spreads, and pet food)
      2. Beverages
        1. Hot beverages
        2. Sports & energy drinks
        3. Ready to drink
        4. Others (meal replacement drinks, beverage mixes, beverage concentrates, and juice drinks)
        5. Personal care products
        6. Textiles
        7. Pharmaceuticals
        8. Others (paper, automobiles, construction & materials, furniture, and pet food)
      3. Y-o-Y Growth Analysis, By Application
      4. Market Attractiveness Analysis, By Application
      5. Market Share Analysis, By Application
  6. Geographical Analysis
    1. Introduction    
      1. Regional Trends       
      2. Impact Analysis        
      3. Y-o-Y Growth Analysis            
        1. By Geographical Area
        2. By Type
        3. By End User
      4. Market Attractiveness Analysis          
        1. By Geographical Area
        2. By Type
        3. By End User
      5.          Market Share Analysis   
        1. By Geographical Area
        2. By Type
        3. By End User
    2. Europe
      1. Introduction
      2. United Kingdom
      3. Germany
      4. France
      5. Italy
      6. Spain
      7. Rest of Europe
  7. Strategic Analysis
    1. PESTLE analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental
    2. Porter’s Five analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Products and Services
      5. Competitive Rivalry within the Industry
  8. Market Leaders' Analysis
    1. Hempco
      1. Overview
      2. Product Analysis
      3. Strategic Evaluation and Operations
      4. Financial analysis
      5. Legal issues
      6. Recent Developments
      7. SWOT analysis
      8. Analyst View
    2. Ecofibre
    3. Hemp Inc.
    4. Gencanna
    5. Hempflax BV
    6. Konoplex Group
    7. Hemp Oil Canada
    8. BAFA
    9. Hemp Poland
    10. Dun Agro
    11. Colorado Hemp Works
    12. Canah International
    13. South Hemp Tecno
    14. Plains Industrial Hemp Processing
    15. MH Medical Hemp
  9. Competitive Landscape
    1. Merger and Acquisition Analysis
    2. Agreements, Collaborations and Joint Ventures
    3. New Product Launches
  10. Market Outlook and Investment Opportunities
  11. Appendix
    1. List of Tables
    2. List of Figures  
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and also identify the regions that are still untapped.
  • The segment-level analysis in terms of type and application along with market size forecasts and estimations to detect key areas of industry growth in detail.
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics.
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development.
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment.
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies.
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions.
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
  1. Europe Industrial Hemp Market, By Type, From 2020 to 2025 (USD Million)
  2. Europe Hemp seed Market, By Region, From 2020 to 2025 (USD Million)
  3. Europe Hemp seed oil Market, By Region, From 2020 to 2025 (USD Million)
  4. Europe CBD hemp oil Market, By Region, From 2020 to 2025 (USD Million)
  5. Europe Hemp fiber Market, By Region, From 2020 to 2025 (USD Million)
  6. Europe Industrial Hemp Market, By Application, From 2020 to 2025 (USD Million)
  7. Europe Food Market, By Region, From 2020 to 2025 (USD Million)
  8. Europe Beverages Market, By Region, From 2020 to 2025 (USD Million)
  9. Europe Personal care products Market, By Region, From 2020 to 2025 (USD Million)
  10. Europe Textiles Market, By Region, From 2020 to 2025 (USD Million)
  11. Europe Pharmaceuticals Market, By Region, From 2020 to 2025 (USD Million)
  12. Europe Others (paper, automobiles, construction & materials, furniture, and pet food) Market, By Region, From 2020 to 2025 (USD Million)
  13. U.K. Industrial Hemp Market, By Type, From 2020 to 2025 (USD Million)
  14. U.K. Industrial Hemp Market, By Application, From 2020 to 2025 (USD Million)
  15. Germany Industrial Hemp Market, By Type, From 2020 to 2025 (USD Million)
  16. Germany Industrial Hemp Market, By Application, From 2020 to 2025 (USD Million)
  17. France Industrial Hemp Market, By Type, From 2020 to 2025 (USD Million)
  18. France Industrial Hemp Market, By Application, From 2020 to 2025 (USD Million)
  19. Italy Industrial Hemp Market, By Type, From 2020 to 2025 (USD Million)
  20. Italy Industrial Hemp Market, By Application, From 2020 to 2025 (USD Million)
  21. Spain Industrial Hemp Market, By Type, From 2020 to 2025 (USD Million)
  22. Spain Industrial Hemp Market, By Application, From 2020 to 2025 (USD Million)

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