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PUBLISHER: Grand View Research | PRODUCT CODE: 1701278
PUBLISHER: Grand View Research | PRODUCT CODE: 1701278
North America And Oceania Industrial Hemp Market Size, Share & Trends Analysis Report By Product (Seeds, Fiber, Shives), By Application (Textile, Animal Care, Food & Beverages, Personal Care), By Region, And Segment Forecasts, 2025 - 2030
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North America And Oceania Industrial Hemp Market Growth & Trends:
The North America and Oceania industrial hemp market size is estimated to reach USD 7.23 billion by 2030, registering a CAGR of 20.5% from 2025 to 2030, according to a new report by Grand View Research, Inc. Increasing R&D activities in the agricultural sector to advance new genetics and agronomy of the product to get high yield is likely to have a positive impact on the production of industrial hemp in North America and Oceania.
The political link between marijuana and industrial hemp has led to several restrictions on consumption, cultivation, distribution, and processing of the product in North America and Oceania. However, growing legalization and liberalization for the cultivation of industrial hemp with tetrahydrocannabinol (THC) content not more than 0.3 in countries such as the U.S. is expected to have a positive impact on the market growth in North America and Oceania. Seed oil and seedcakes are witnessing increasing demand owing to high nutritional value and fatty acid content of seeds, which, in turn, is expected to drive the growth of seeds segment.
Processing facilities extract required components from crops with the help of processing and manufacturing equipment. However, low yield, lack of harvesting innovations, and processing facilities, and difficulties in the transportation of industrial hemp in highly regulated markets are the factors hampering the market growth in North America and Oceania. Major players in the market are investing heavily in the research & development activities to achieve high yields and to maintain high-quality products at minimum prices to gain a competitive edge.
Industrial hemp is used in over 25,000 products across numerous end-use industries. These include automotive, construction, personal care, cosmetics, food & beverages, food supplements, textiles, and paper, among others. This is owing to the inherent advantageous characteristics of industrial hemp such as strength, durability, biodegradability, light weight, and low production costs.
North America And Oceania Industrial Hemp Market Report Highlights:
- he seeds segment dominated the industry and accounted for the largest revenue share in 2024, primarily driven by increasing demand for plant-based and sustainable products.
- The shivs segment is expected to progress at a CAGR of 17.2% in terms of revenue over the forecast period, owing to its rising use in animal bedding materials due to its high absorption ability.
- Automotive is expected to be the fastest growing segment with a significant CAGR over the forecast period, owing to hemp's potential to reduce vehicle weight and carbon footprint.
- North America accounted for the largest revenue share in 2024, driven by the rising demand for sustainable products, especially in textiles and construction.
Product Code: GVR-3-68038-597-7
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. North America and Oceania Industrial Hemp Market Variables, Trends & Scope
- 3.1. North America and Oceania Industrial Hemp Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Application Overview
- 3.4. Regulatory Framework
- 3.4.1. Policies and Incentive Plans
- 3.4.2. Standards and Compliances
- 3.4.3. Regulatory Impact Analysis
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Industry Challenges
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Substitution Threat
- 3.6.4. Threat from New Entrant
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Social Landscape
- 3.7.4. Technological Landscape
- 3.7.5. Environmental Landscape
- 3.7.6. Legal Landscape
Chapter 4. North America and Oceania Industrial Hemp Market: Product Outlook Estimates & Forecasts
- 4.1. North America and Oceania Industrial Hemp Market: Product Movement Analysis, 2024 & 2030
- 4.1.1. Seeds
- 4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 4.1.2. Fiber
- 4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 4.1.3. Shives
- 4.1.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 4.1.1. Seeds
Chapter 5. North America and Oceania Industrial Hemp Market: Application Outlook Estimates & Forecasts
- 5.1. North America and Oceania Industrial Hemp Market: Application Movement Analysis, 2024 & 2030
- 5.1.1. Animal Care
- 5.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2. Textiles
- 5.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3. Automotive
- 5.1.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.4. Furniture
- 5.1.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.5. Food & Beverages
- 5.1.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.6. Paper
- 5.1.6.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.7. Construction Materials
- 5.1.7.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.8. Personal Care
- 5.1.8.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.9. Other
- 5.1.9.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.1. Animal Care
Chapter 6. North America and Oceania Industrial Hemp Market Regional Outlook Estimates & Forecasts
- 6.1. Regional Snapshot
- 6.2. North America and Oceania Industrial Hemp Market: Regional Movement Analysis, 2024 & 2030
- 6.3. North America
- 6.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4. U.S.
- 6.3.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5. Canada
- 6.3.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6. Mexico
- 6.3.6.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4. Oceania
- 6.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4. Australia
- 6.4.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5. New Zealand
- 6.4.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5.2. Market Estimates and Forecast, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Vendor Landscape
- 7.2.1. Company Categorization
- 7.2.2. List of Key Distributors and Channel Partners
- 7.2.3. List of Potential Customers/End Users
- 7.3. Competitive Dynamics
- 7.3.1. Competitive Benchmarking
- 7.3.2. Strategy Mapping
- 7.3.3. Heat Map Analysis
- 7.4. Company Profiles/Listing
- 7.4.1. Fresh Hemp Foods Ltd.
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Strategic Initiatives
- 7.4.2. IND HEMP, LLC.
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Strategic Initiatives
- 7.4.3. Blue Sky Hemp Ventures
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Strategic Initiatives
- 7.4.4. Panda Biotech, LLC
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Strategic Initiatives
- 7.4.5. Marijuana Company of America Inc.
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Strategic Initiatives
- 7.4.6. Kazmira LLC
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Strategic Initiatives
- 7.4.7. The Cannabis Co.
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Strategic Initiatives
- 7.4.8. Hemp Foods Australia
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Strategic Initiatives
- 7.4.9. Hemptech
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Strategic Initiatives
- 7.4.10. Valley Bio Limited
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Strategic Initiatives
- 7.4.11. Parkland Industrial Hemp Growers Co-Op. Ltd. (PIHG)
- 7.4.11.1. Participant's Overview
- 7.4.11.2. Financial Performance
- 7.4.11.3. Product Benchmarking
- 7.4.11.4. Strategic Initiatives
- 7.4.12. Elixinol LTD.
- 7.4.12.1. Participant's Overview
- 7.4.12.2. Financial Performance
- 7.4.12.3. Product Benchmarking
- 7.4.12.4. Strategic Initiatives
- 7.4.13. Terra Tech Corps
- 7.4.13.1. Participant's Overview
- 7.4.13.2. Financial Performance
- 7.4.13.3. Product Benchmarking
- 7.4.13.4. Strategic Initiatives
- 7.4.1. Fresh Hemp Foods Ltd.
Product Code: GVR-3-68038-597-7
List of Tables
- Table 1 List of Abbreviations
- Table 2 North America and Oceania Industrial Hemp Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- Table 3 North America and Oceania Industrial Hemp Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 4 North America and Oceania Industrial Hemp Market Estimates and Forecasts, By Region, 2018 - 2030 (Kilotons) (USD Million)
- Table 5 North America Industrial Hemp Market Estimates and Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
- Table 6 North America Industrial Hemp Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- Table 7 North America Industrial Hemp Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 8 U.S. Industrial Hemp Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- Table 9 U.S. Industrial Hemp Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 10 Canada Industrial Hemp Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- Table 11 Canada Industrial Hemp Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 12 Mexico Industrial Hemp Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- Table 13 Mexico Industrial Hemp Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 14 Oceania Industrial Hemp Market Estimates and Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
- Table 15 Oceania Industrial Hemp Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- Table 16 Oceania Industrial Hemp Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 17 Australia Industrial Hemp Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- Table 18 Australia Industrial Hemp Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- Table 19 New Zealand Industrial Hemp Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
- Table 20 New Zealand Industrial Hemp Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
List of Figures
- Fig. 1 Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation and Validation
- Fig. 5 Market Snapshot
- Fig. 6 Segmental Outlook- Product, Application, and Region
- Fig. 7 Competitive Outlook
- Fig. 8 Value Chain Analysis
- Fig. 9 Market Dynamics
- Fig. 10 Porter's Analysis
- Fig. 11 PESTEL analysis
- Fig. 12 North America and Oceania Industrial Hemp Market, By Product: Key Takeaways
- Fig. 13 North America and Oceania Industrial Hemp Market, By Product: Market Share, 2024 & 2030
- Fig. 14 Seeds Market, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 15 Fiber Market, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 16 Shives Market, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 17 North America and Oceania Industrial Hemp Market, By Application: Key Takeaways
- Fig. 18 North America and Oceania Industrial Hemp Market, By Application: Market Share, 2024 & 2030
- Fig. 19 Animal Care Market, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 20 Textiles Market, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 21 Automotive Market, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 22 Furniture Market, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 23 Food & Beverages Market, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 24 Paper Market, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 25 Construction Materials Market, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 26 Personal Care Market, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 27 Other Market, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 28 North America and Oceania Industrial Hemp Market, By Region: Key Takeaways
- Fig. 29 North America and Oceania Industrial Hemp Market, By Region: Market Share, 2024 & 2030
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