International Hemp Seeds Market Projected to Grow by 24% Annually Between Now and 2025

Hemp Seed Marketing Expected to Grow 24% In the Next 6 Years
Image Source: Erik Fenderson Via Wikimedia Commons
August 07, 2018

Growing international demand for hemp seeds as a food product created a hemp seed market valued at $380 million last year, according to a recent report.

That report, from India-based Garner Insights, also projects the global hemp seeds market to grow at a CAGR (Compound Annual Growth Rate) of 24.0% percent between now and 2025 – with the market reaching $2.1 billion by the end of 2025.

China is reportedly the world’s largest supply of hemp seeds, with a production market share of nearly 30% in 2016.

Europe is the largest hemp seed consumer, followed by North America.

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