Organic Hemp Market Size

Organic Hemp Market Size

Organic Hemp Market size was valued at USD 146 million in 2023 and is anticipated to expand at over 13.4% CAGR from 2024 to 2032. The market growth is driven by a rising demand for organic and sustainable products, particularly in the health and wellness industry. Consumers are increasingly aware of the environmental and health benefits of organic hemp, which is cultivated without synthetic pesticides or fertilizers. The rising product launches from leading companies support the market.

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For instance, in March 2022, Lotus Organics+ introduced hemp into its beauty product range with the launch of its new Hemp Youth Glow line. This new collection included a variety of skincare solutions such as the Hemp Youth Glow Blissful Serum, Hemp Youth Glow Soothing Cleanser, Hemp Youth Glow Crème, Hemp Youth Glow Facial Oil, and Hemp Youth Glow Sleep Crème.
 

As the demand for natural and eco-friendly products grows, the organic hemp market is poised for substantial growth, supported by its diverse applications in food, textiles, and personal care products. The expanding use of hemp-derived products, such as CBD oil, in various health and wellness applications also contributes to market growth, further establishing organic hemp as a crucial component of the global organic market.
 

The organic hemp market will record substantial growth due to the increasing consumer shift towards plant-based and sustainable products. This shift is particularly pronounced in the food and beverage industry, where hemp seeds and hemp-derived products are being incorporated into a wide range of products, including snacks, beverages, and supplements.
 

The rising innovative product introductions support the industry. For instance, in July 2024, Manitoba Harvest, a global leader in hemp foods announced the launch of the second series of its innovative Organic Bioactive Fiber in collaboration with Brightseed. The new product line features two exciting flavors—Coffee and Chocolate—and aims to improve gut wellness and support healthy digestion by offering an enhanced fiber experience.
 

However, the market faces challenges related to regulatory hurdles and the complexity of the legal landscape surrounding hemp cultivation and product sales. In many regions, the legal status of hemp and its derivatives remains a gray area, which can slow down market expansion. Overcoming these regulatory challenges will be crucial for businesses seeking to capitalize on the growing demand for organic hemp products.