Industrial hemp, sometimes known as hemp, is a type of Cannabis sativa plant that is grown specifically for commercial purposes. Industrial hemp is a low-cost, fast-growing plant that is also environmentally benign. It is also one of the world’s most versatile and long-lasting crops.
The market is being driven by an increase in demand for industrial hemp from businesses such as food and beverage, personal care, and animal care all around the world. Consumer awareness of the benefits of industrial hemp is expected to grow, as is the legalization of industrial hemp cultivation in many countries. Industrial hemp is also being used in a variety of industries, including textiles, pharmaceuticals, food, beverage, personal care, construction & material, furniture, and paper.
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Market Dynamics
Only small levels of tetrahydrocannabinol (THC) are found in hemp seeds produced from the plant “Cannabis sativa”. They are high in linoleic (omega-6) and linolenic (omega-3) essential fatty acids (omega-3).
Hemp seeds have enough protein to be considered a valuable complement to a vegan diet, unlike most other plant-based foods, making it unique.
Industrial hemp is a tough, durable natural fiber with little elasticity. Hemp fiber has the highest heat capacity ratio of all-natural fibers and has excellent heat insulation.