Mexico Industrial Hemp Market Size & Outlook, 2022-2030
Mexico industrial hemp market, 2018-2030 (US$M)
Related Markets
Mexico industrial hemp market highlights
- The Mexico industrial hemp market generated a revenue of USD 65.8 million in 2022 and is expected to reach USD 262.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 18.9% from 2023 to 2030.
- In terms of segment, seeds was the largest revenue generating product in 2022.
- Fiber is the most lucrative product segment registering the fastest growth during the forecast period.
Industrial hemp market data book summary
| Market revenue in 2022 | USD 65.8 million |
| Market revenue in 2030 | USD 262.4 million |
| Growth rate | 18.9% (CAGR from 2022 to 2030) |
| Largest segment | Seeds |
| Fastest growing segment | Fiber |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Seeds, Fiber, Shives |
| Key market players worldwide | Marijuana Company of America Inc, Medical Marijuana Inc, Tetra Tech Inc, American Medical Technologies Inc, Hemp Inc, Ecofibre Ltd Ordinary Shares |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.4% of the global industrial hemp market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. industrial hemp market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 6,226.8 million by 2030.
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Industrial Hemp Market Scope
Industrial Hemp Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico industrial hemp market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial hemp market will help companies and investors design strategic landscapes.
Seeds was the largest segment with a revenue share of 59.12% in 2022. Horizon Databook has segmented the Mexico industrial hemp market based on seeds, fiber, shives covering the revenue growth of each sub-segment from 2018 to 2030.
- Mexico Industrial Hemp Product Outlook (Revenue, USD Million, 2018-2030)
- Seeds
- Fiber
- Shives
- Mexico Industrial Hemp Application Outlook (Revenue, USD Million, 2018-2030)
- Animal Care
- Textiles
- Automotive
- Furniture
- Food & Beverages
- Paper
- Construction Materials
- Personal Care
- Other
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Target buyers of Mexico industrial hemp market databook
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Our clientele includes a mix of industrial hemp market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico industrial hemp market , including forecasts for subscribers. This country databook contains high-level insights into Mexico industrial hemp market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico industrial hemp market size, by product, 2018-2030 (US$M)
Mexico Industrial Hemp Market Outlook Share, 2022 & 2030 (US$M)
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