Home >> News >> Business >> Hemp Oil Market Projected To Reach US$ 1,253.95 Mn By 2026, At A CAGR Of 35.8% From 2018 To 2026

Hemp Oil Market Projected To Reach US$ 1,253.95 Mn By 2026, At A CAGR Of 35.8% From 2018 To 2026

According to the latest report published by Credence Research, Inc. “Global Hemp Oil Market – Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global hemp oil market accounted for US$ 80.67 Mn in 2017 and expected to reach US$ 1,253.95 Mn by 2026, expanding at a CAGR of 35.8% from 2018 to 2026.

The Hemp Oil Market Research Report Forecast 2018-2026 is an important source of insightful data for market strategists. It presents the Hemp Oil industry overview with growth analysis and past & futuristic cost, income, demand and supply data (as relevant). The research analysts present a detailed representation of the value chain and its distributor analysis. This Hemp Oil Market study gives complete data which improves the understanding. [Continue reading…]

Market Insight:

The global hemp oil market accounted for US$ 80.67 Mn in 2017 and expected to reach US$ 1,253.95 Mn by 2026, expanding at a CAGR of 35.8% from 2018 to 2026. Hemp oil refers to the oil obtained by pressing the seeds of hemp. Extracted oil mainly used in skin care products, although industrial hemp oil used in production of paints, lubricants, fuel and plastics. Presence of nutrients, essential fatty acids and antioxidants are perfect for skin; makes it ideal for healing and massage treatments. Moreover, medicinal benefits derived from the hemp oil expected to accelerate the demand for hemp oil based products. The global hemp oil market has several changes in recent years and expected to change significantly in the near future due to developments in production sources, shifts in consumer preferences adjustments to trade policy settings. Hemp oil is gaining significant adoption among food & beverages industry and as well as in personal care products across the globe.

Browse the full Hemp Oil market – Growth, Future Prospects and Competitive Analysis, 2018 – 2026 report at https://www.credenceresearch.com/report/hemp-oil-market

The qualitative study of drivers and limitations of Hemp Oil Market

Key players in the global Hemp Oil Market Include Aurora Cannabis, Inc., Cannoid, LLC, CV Science, Inc., Elixinol, Isodiol International Inc., HempLife Today, Medical Marijuna, Inc., PharmaHemp d.o.o., Hempco, ENDOCA B.V., Folium Biosciences LLC, Bluebird Botanicals and Hemp Oil Canada, Inc. among others

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Reasons to Buy

Gain up to date report and analysis about the global Hemp Oil Market

Recognize key regions and countries that describe potential growth possibilities for the Hemp Oil Market

Facilitate decision making by understanding the opportunities presented by the Hemp Oil Market

Gain information about major players in the Hemp Oil Market

Research methodology and delivery time

Credence Research has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications have been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.

The report is available as the single-site single-user license. The delivery time for the electronic version of the report is 3 business days as each copy undergoes thorough quality check and is updated with the most recent information available.

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