The hemp fiber market size has grown exponentially in recent years. It will grow from $15.09 billion in 2024 to $20.77 billion in 2025 at a compound annual growth rate (CAGR) of 37.7%. The growth in the historic period can be attributed to renewed interest in hemp cultivation, environmental sustainability, textile and apparel industry demand, diversification in agriculture, nutrient-rich soil improvement, awareness of sustainable textile choices.
The hemp fiber market size is expected to see exponential growth in the next few years. It will grow to $71.96 billion in 2029 at a compound annual growth rate (CAGR) of 36.4%. The growth in the forecast period can be attributed to legislation supporting hemp cultivation, global population growth, focus on circular economy, expansion of hemp-based textiles. Major trends in the forecast period include hemp fiber-based sustainable packaging, advancements in processing technologies, innovations in product development, adoption in paper and pulp industry, integration in automotive and construction.
The growing legalization of industrial hemp cultivation is anticipated to drive the growth of the hemp fiber market in the coming years. Industrial hemp, derived from the Cannabis sativa plant species, is used worldwide to create a wide range of industrial and consumer products. It is cultivated for its fiber and seeds, which are essential for hemp fiber production. Consequently, the increasing legalization of industrial hemp is expected to boost hemp fiber production. For example, in February 2024, the Australian Institute of Health and Welfare, a government agency in Australia, reported that support for cannabis legalization rose to 45% in 2022-2023, marking the first instance where the percentage of individuals in favor of legalization surpassed the 39% who advocated for stricter penalties regarding the sale or supply of cannabis. Thus, the growing acceptance of industrial hemp cultivation is propelling the growth of the hemp fiber market.
The expanding textile industry is expected to contribute to the growth of the hemp fiber market in the future. The textile industry encompasses the production of fibers, fabrics, and finished textile goods. Hemp fiber is utilized within this sector to create various types of fabrics, from durable and breathable clothing to home textiles. Its strength and versatility make hemp fiber an appealing option, fostering the development of sustainable and eco-friendly textiles. For instance, in December 2023, the Textile Exchange, a US-based non-profit organization, indicated in a study of materials used across the fashion, textile, and apparel industries, among others, that global fiber production rose from approximately 112 million tonnes in 2021 to a record high of 116 million tonnes in 2022. Therefore, the expansion of the textile industry is driving the growth of the hemp fiber market.
Major companies are striving for a competitive edge by introducing innovative products such as hemp-based period care items. Period-care products are essential for managing menstrual flow during a woman’s menstrual cycle. For instance, in April 2022, Regenerative International Female Inc., a US-based personal care products company, unveiled a hemp-based line of period care products. These eco-friendly alternatives in feminine hygiene include pads with varying absorbencies, featuring a blend of hemp and organic cotton fibers for the topsheet. The pads incorporate a tree pulp core without super absorbent polymers (SAP) and a fully biodegradable sugar-based plastic backsheet. Emphasizing hemp's antimicrobial properties, the company aims to enhance pad absorbency through collaboration with biotechnology partners, offering a sustainable and comfortable option for women seeking alternatives to synthetic materials.
Leading companies in the hemp fiber market are introducing new products, such as organic supplements, to address the rising demand for health-oriented and sustainable food options. Organic supplements are dietary products composed of ingredients cultivated without synthetic fertilizers, pesticides, or genetically modified organisms (GMOs), providing a natural and eco-friendly approach to health and wellness. For example, in May 2024, Manitoba Harvest, a Canadian company, launched a Bioactive Fiber Supplement featuring Brightseed’s upcycled hemp hulls. This supplement, made with upcycled hemp hulls, delivers 6 grams of fiber per serving to aid gut health and digestion. Exclusively available at Whole Foods, this organic, non-GMO, and vegan product promotes wellness through innovative bioactive ingredients.
In June 2023, Latvia-based cosmetic products company iCotton SIA acquired key assets of Hempress Hygienics Inc. for an undisclosed amount. This acquisition strategically positions iCotton in the U.S. market, aligning with its goal to emerge as a leading supplier of hemp-based and natural fiber-based hygiene products in both the U.S. and Europe. Hempress Hygienics Inc., a US-based personal care products manufacturing company, focuses on producing menstrual products using hemp fiber and other natural ingredients.
Major companies operating in the hemp fiber market include Shenyang beijiang, BaFa Holding BV, Plains Industrial Hemp Processing Ltd, Industrial Hemp Manufacturing LLC, Hemp Oil Canada Inc., Hemp Planet LLC, North American Hemp & Grain Co. Ltd., Konoplex, Kingdom Holdings Limited, Ecofibre Limited, GenCanna Global USA Inc., CanvaLoop Fibre Private Limited, HempFlax BV, Dunagro SRL, MH medical hemp Ltd., Envirotextiles LLC, Hempco Inc., Manitoba Harvest Hemp Foods, Hempfortex Industries Ltd, Parkland Industrial Hemp Growers Cooperative Ltd, Navitas LLC, Hemp Inc., Natural Fiber Technologies Inc., HempAge AG, Hempro Int. GmbH & Co. KG, Hempy’s, Shanxi Greenland Textile Co. Ltd., HemPoland Sp. z o.o., Hempline Inc.
Asia-Pacific was the largest region in the hemp fiber market in 2024. The regions covered in the hemp fiber market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hemp fiber market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Hemp fiber is a robust natural fiber derived from the hemp plant in the cannabis family. Extracted from the plant's stem through a process called retting, these long strands are spun together to create continuous threads, which are then woven into textiles.
The primary types of hemp fiber are long (bast) fibers and short (core) fibers. Long (bast) hemp fiber refers to the soft woody fiber obtained from dicotyledonous plant stems, used for textiles and cordage. Different sources include organic and conventional, finding applications in food, beverages, personal care products, textiles, pharmaceuticals, and other industries.
The hemp fiber market research report is one of a series of new reports that provides hemp fiber market statistics, including hemp fiber industry global market size, regional shares, competitors with a hemp fiber market share, detailed hemp fiber market segments, market trends and opportunities, and any further data you may need to thrive in the hemp fiber industry. This hemp fiber market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The hemp fiber consists of sales of hemp grain and hemp seed. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The market value includes the value of related goods sold by the service provider or included within the service offering.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The hemp fiber market size is expected to see exponential growth in the next few years. It will grow to $71.96 billion in 2029 at a compound annual growth rate (CAGR) of 36.4%. The growth in the forecast period can be attributed to legislation supporting hemp cultivation, global population growth, focus on circular economy, expansion of hemp-based textiles. Major trends in the forecast period include hemp fiber-based sustainable packaging, advancements in processing technologies, innovations in product development, adoption in paper and pulp industry, integration in automotive and construction.
The growing legalization of industrial hemp cultivation is anticipated to drive the growth of the hemp fiber market in the coming years. Industrial hemp, derived from the Cannabis sativa plant species, is used worldwide to create a wide range of industrial and consumer products. It is cultivated for its fiber and seeds, which are essential for hemp fiber production. Consequently, the increasing legalization of industrial hemp is expected to boost hemp fiber production. For example, in February 2024, the Australian Institute of Health and Welfare, a government agency in Australia, reported that support for cannabis legalization rose to 45% in 2022-2023, marking the first instance where the percentage of individuals in favor of legalization surpassed the 39% who advocated for stricter penalties regarding the sale or supply of cannabis. Thus, the growing acceptance of industrial hemp cultivation is propelling the growth of the hemp fiber market.
The expanding textile industry is expected to contribute to the growth of the hemp fiber market in the future. The textile industry encompasses the production of fibers, fabrics, and finished textile goods. Hemp fiber is utilized within this sector to create various types of fabrics, from durable and breathable clothing to home textiles. Its strength and versatility make hemp fiber an appealing option, fostering the development of sustainable and eco-friendly textiles. For instance, in December 2023, the Textile Exchange, a US-based non-profit organization, indicated in a study of materials used across the fashion, textile, and apparel industries, among others, that global fiber production rose from approximately 112 million tonnes in 2021 to a record high of 116 million tonnes in 2022. Therefore, the expansion of the textile industry is driving the growth of the hemp fiber market.
Major companies are striving for a competitive edge by introducing innovative products such as hemp-based period care items. Period-care products are essential for managing menstrual flow during a woman’s menstrual cycle. For instance, in April 2022, Regenerative International Female Inc., a US-based personal care products company, unveiled a hemp-based line of period care products. These eco-friendly alternatives in feminine hygiene include pads with varying absorbencies, featuring a blend of hemp and organic cotton fibers for the topsheet. The pads incorporate a tree pulp core without super absorbent polymers (SAP) and a fully biodegradable sugar-based plastic backsheet. Emphasizing hemp's antimicrobial properties, the company aims to enhance pad absorbency through collaboration with biotechnology partners, offering a sustainable and comfortable option for women seeking alternatives to synthetic materials.
Leading companies in the hemp fiber market are introducing new products, such as organic supplements, to address the rising demand for health-oriented and sustainable food options. Organic supplements are dietary products composed of ingredients cultivated without synthetic fertilizers, pesticides, or genetically modified organisms (GMOs), providing a natural and eco-friendly approach to health and wellness. For example, in May 2024, Manitoba Harvest, a Canadian company, launched a Bioactive Fiber Supplement featuring Brightseed’s upcycled hemp hulls. This supplement, made with upcycled hemp hulls, delivers 6 grams of fiber per serving to aid gut health and digestion. Exclusively available at Whole Foods, this organic, non-GMO, and vegan product promotes wellness through innovative bioactive ingredients.
In June 2023, Latvia-based cosmetic products company iCotton SIA acquired key assets of Hempress Hygienics Inc. for an undisclosed amount. This acquisition strategically positions iCotton in the U.S. market, aligning with its goal to emerge as a leading supplier of hemp-based and natural fiber-based hygiene products in both the U.S. and Europe. Hempress Hygienics Inc., a US-based personal care products manufacturing company, focuses on producing menstrual products using hemp fiber and other natural ingredients.
Major companies operating in the hemp fiber market include Shenyang beijiang, BaFa Holding BV, Plains Industrial Hemp Processing Ltd, Industrial Hemp Manufacturing LLC, Hemp Oil Canada Inc., Hemp Planet LLC, North American Hemp & Grain Co. Ltd., Konoplex, Kingdom Holdings Limited, Ecofibre Limited, GenCanna Global USA Inc., CanvaLoop Fibre Private Limited, HempFlax BV, Dunagro SRL, MH medical hemp Ltd., Envirotextiles LLC, Hempco Inc., Manitoba Harvest Hemp Foods, Hempfortex Industries Ltd, Parkland Industrial Hemp Growers Cooperative Ltd, Navitas LLC, Hemp Inc., Natural Fiber Technologies Inc., HempAge AG, Hempro Int. GmbH & Co. KG, Hempy’s, Shanxi Greenland Textile Co. Ltd., HemPoland Sp. z o.o., Hempline Inc.
Asia-Pacific was the largest region in the hemp fiber market in 2024. The regions covered in the hemp fiber market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hemp fiber market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Hemp fiber is a robust natural fiber derived from the hemp plant in the cannabis family. Extracted from the plant's stem through a process called retting, these long strands are spun together to create continuous threads, which are then woven into textiles.
The primary types of hemp fiber are long (bast) fibers and short (core) fibers. Long (bast) hemp fiber refers to the soft woody fiber obtained from dicotyledonous plant stems, used for textiles and cordage. Different sources include organic and conventional, finding applications in food, beverages, personal care products, textiles, pharmaceuticals, and other industries.
The hemp fiber market research report is one of a series of new reports that provides hemp fiber market statistics, including hemp fiber industry global market size, regional shares, competitors with a hemp fiber market share, detailed hemp fiber market segments, market trends and opportunities, and any further data you may need to thrive in the hemp fiber industry. This hemp fiber market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The hemp fiber consists of sales of hemp grain and hemp seed. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The market value includes the value of related goods sold by the service provider or included within the service offering.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Hemp Fiber Market Characteristics3. Hemp Fiber Market Trends and Strategies4. Hemp Fiber Market - Macro Economic Scenario Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Hemp Fiber Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Hemp Fiber Market34. Recent Developments in the Hemp Fiber Market
5. Global Hemp Fiber Growth Analysis and Strategic Analysis Framework
6. Hemp Fiber Market Segmentation
7. Hemp Fiber Market Regional and Country Analysis
8. Asia-Pacific Hemp Fiber Market
9. China Hemp Fiber Market
10. India Hemp Fiber Market
11. Japan Hemp Fiber Market
12. Australia Hemp Fiber Market
13. Indonesia Hemp Fiber Market
14. South Korea Hemp Fiber Market
15. Western Europe Hemp Fiber Market
16. UK Hemp Fiber Market
17. Germany Hemp Fiber Market
18. France Hemp Fiber Market
19. Italy Hemp Fiber Market
20. Spain Hemp Fiber Market
21. Eastern Europe Hemp Fiber Market
22. Russia Hemp Fiber Market
23. North America Hemp Fiber Market
24. USA Hemp Fiber Market
25. Canada Hemp Fiber Market
26. South America Hemp Fiber Market
27. Brazil Hemp Fiber Market
28. Middle East Hemp Fiber Market
29. Africa Hemp Fiber Market
30. Hemp Fiber Market Competitive Landscape and Company Profiles
31. Hemp Fiber Market Other Major and Innovative Companies
35. Hemp Fiber Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Hemp Fiber Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on hemp fiber market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for hemp fiber? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The hemp fiber market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Long (Bast) Fibers; Short (Core) Fibers2) By Source: Organic; Conventional
3) By Application: Food; Beverages; Personal Care Products; Textiles; Pharmaceuticals; Other Applications
Subsegments:
1) By Long (Bast) Fibers: Used in Textiles, Ropes, and Composite Materials; Known For Strength and Durability; Applications Include Apparel, Upholstery, and Industrial Textiles2) By Short (Core) Fibers: Used in Insulation, Paper, and Biodegradable Plastics; Softer and Less Strong Compared To Long Fibers; Applications Include Animal Bedding, Insulation Materials, and Biocomposites
Key Companies Mentioned: Shenyang beijiang; BaFa Holding BV; Plains Industrial Hemp Processing Ltd; Industrial Hemp Manufacturing LLC; Hemp Oil Canada Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Shenyang beijiang
- BaFa Holding BV
- Plains Industrial Hemp Processing Ltd
- Industrial Hemp Manufacturing LLC
- Hemp Oil Canada Inc.
- Hemp Planet LLC
- North American Hemp & Grain Co. Ltd.
- Konoplex
- Kingdom Holdings Limited
- Ecofibre Limited
- GenCanna Global USA Inc.
- CanvaLoop Fibre Private Limited
- HempFlax BV
- Dunagro SRL
- MH medical hemp Ltd.
- Envirotextiles LLC
- Hempco Inc.
- Manitoba Harvest Hemp Foods
- Hempfortex Industries Ltd
- Parkland Industrial Hemp Growers Cooperative Ltd
- Navitas LLC
- Hemp Inc.
- Natural Fiber Technologies Inc.
- HempAge AG
- Hempro Int. GmbH & Co. KG
- Hempy’s
- Shanxi Greenland Textile Co. Ltd.
- HemPoland Sp. z o.o.
- Hempline Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 20.77 Billion |
| Forecasted Market Value ( USD | $ 71.96 Billion |
| Compound Annual Growth Rate | 36.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 29 |
