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Report: Industrial Hemp Market in North America and Oceania to Surpass $7 Billion by 2030

Summary by The Marijuana Herald
The Marijuana Herald - Marijuana news and information The industrial hemp market in North America and Oceania is projected to grow rapidly over the next several years, with a new report estimating the market will reach $7.23 billion by 2030. Hemp plants. This marks a compound annual growth rate (CAGR) of 20.5% from 2025 through the end of the decade, as demand for sustainable materials and advances in agricultural research drive expansion. Accor…
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The Marijuana Herald broke the news in on Friday, April 18, 2025.
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