The growing acceptance of hemp oil in treating ailments, and the legalization of cannabinoid plant-derived products in several countries, are predicted to propel the hemp seed oil market forward. The rising prevalence of depression among the population is likely to boost the market growth. Hemp oil, unlike other psychological medications, does not affect a person's mental state yet provides therapeutic benefits such as stress alleviation. The segment's rise is fueled by the growing popularity of refined CBD products and their many medical applications. Over the last few years, hemp-based medicine has seen substantial expansion. How Does a Rise in Health Concerns Lead to a Surge in Hemp Seed Oil Demand? Hemp seed provides an optimum ratio of omega-6 to omega-3 fatty acids, and certain chemicals that assist regulate high blood pressure, according to a 2014 study from the University of Seville in Spain. They contain significant levels of vitamins A, C, and E, making them excellent elements for human health. Hemp seeds are high in protein, minerals, and fiber, making them the most nutritious natural foods available on the market. ![]() Hemp Seed Oil Market Projected Size (2032F) Meanwhile, over the forecast period of 2022 to 2032, demand for hemp seed oil is expected to expand at a CAGR of roughly 7.6%. The global market value for hemp seed oil grew at a CAGR of roughly 4.1 percent over the last half-decade. The global hemp seed oil market is expected to reach a market valuation of US$ 85 Million by the year 2022, accelerating with a CAGR of 7.6% by 2022-2032.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |