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.
