US Hemp-Based Products Market Research Report: By Type (Food Products, Hemp CBD, Personal Care Products, Industrial Products, Food Supplements, Consumer Textiles, Others), By End Use (Residential, Commercial, Industrial) and By Distribution Channel (Online, Offline) - Forecast to 2035

US Hemp-Based Products Market Overview:

As per MRFR analysis, the US Hemp-Based Products Market Size was estimated at 437.5 (USD Million) in 2023. The US Hemp-Based Products Market Industry is expected to grow from 516.25(USD Million) in 2024 to 6,911.29 (USD Million) by 2035. The US Hemp-Based Products Market CAGR (growth rate) is expected to be around 26.598% during the forecast period (2025 - 2035).

Key US Hemp-Based Products Market Trends Highlighted

The US Hemp-Based Products Market is experiencing notable trends driven by increasing consumer awareness and a growing acceptance of hemp-derived products. This shift is largely influenced by the legalization of hemp cultivation under the Agricultural Improvement Act of 2018, which has opened up avenues for innovation and product development. Consumers are increasingly turning to hemp-based alternatives for wellness, with hemp oil, skincare, and food products gaining popularity. Brand transparency and quality certification are crucial as consumers seek products that are sustainably sourced and tested for safety. Opportunities in the market include the potential for hemp-based textiles and bioplastics, as industries look for eco-friendly materials.The food and beverage sector also remains a fertile ground for expansion, with companies developing functional foods that incorporate hemp seeds and oil. The demand for CBD-infused products continues to rise in the US, especially in the wellness segment, driven by claims of health benefits such as anxiety reduction and pain relief, which attracts a diverse customer base. In recent times, educational initiatives around the benefits and uses of hemp have been promoted by organizations like the US Hemp Authority, which solidifies consumer trust and understanding. Many states are actively supporting local hemp farmers, which strengthens the supply chain and promotes regional economic growth.Overall, the convergence of legislative support, consumer demand for sustainability, and innovation marks a transformative period for the US hemp market, presenting opportunities for both new and established businesses to thrive within this evolving landscape.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

US Hemp-Based Products Market Drivers

Increasing Adoption of Hemp-Based Health and Wellness Products

The US Hemp-Based Products Market Industry is experiencing significant growth due to the rising awareness of the health benefits associated with hemp-derived products. In recent years, the National Center for Complementary and Integrative Health reported a 50% increase in the use of alternative therapies, including hemp-based health products, among adults in the United States. This shift has been fueled by a growing body of research highlighting the anti-inflammatory, analgesic, and anxiety-reducing properties of hemp.Moreover, established organizations such as the Food and Drug Administration are implementing regulatory pathways for hemp-derived products, thereby enhancing consumer trust and safety. The increasing demand for natural health solutions is anticipated to propel the hemp-based product market forward, especially as the spotlight on holistic health continues to grow, with many companies investing heavily in Research and Development to create innovative hemp-related offerings.

Legislation Favoring Hemp Cultivation and Production

The legislative environment surrounding hemp in the United States has dramatically improved since the signing of the Agricultural Improvement Act of 2018, which legalized hemp and hemp-derived products at the federal level. According to the US Department of Agriculture, the number of licensed hemp farmers increased by over 500% from 2018 to 2021, indicating a flourishing industry. This legal framework not only allows for an increased supply of raw materials but also fosters entrepreneurship within the US Hemp-Based Products Market Industry.As regulations become more favorable, many states are incentivizing local farmers to cultivate hemp, leading to job creation and further economic growth in agricultural regions. Therefore, a stable and supportive legal landscape significantly boosts consumer confidence and interest in hemp products.

Growing Popularity of CBD Products in Consumer Markets

Cannabidiol (CBD) has become a statistical phenomenon in the US Hemp-Based Products Market Industry, especially as consumers become more interested in the therapeutic effects of CBD oils, edibles, and skincare. A survey conducted by the Consumer Financial Protection Bureau indicated that approximately 33% of adults in the US have tried CBD products, with a market size that is expected to continue growing. As more retailers include CBD in their product lines, and famous brands enter the market, consumer availability and variety have surged.This trend is bolstered by extensive marketing efforts from local and national brands which are focusing on the benefits of CBD for a range of health issues, including anxiety and sleep disorders. The increasing integration of CBD into mainstream consciousness further drives demand for hemp-based products.

US Hemp-Based Products Market Segment Insights:

Hemp-Based Products Market Type Insights

The US Hemp-Based Products Market is quite diverse, encapsulating various Type segments that cater to different consumer needs and preferences. The overall market is witnessing robust growth, driven by increasing awareness regarding the health benefits of hemp and a gradual acceptance of its products within mainstream society. Food Products represent a significant division within the market; with more consumers keen on integrating nutritional alternatives, the demand for hemp-based food items continues to rise, offering protein-rich and sustainable dietary options. Hemp CBD has emerged as a powerhouse in the market, appealing to consumers seeking natural remedies for health issues such as anxiety and pain management. The wellness trend is notably bolstered by the legalization of hemp-derived products, securing this segment's prominence. Personal Care Products leveraging hemp's moisturization and skin-health benefits are also gaining traction, with brands increasingly incorporating hemp oil in formulations to appeal to eco-conscious customers.Industrial Products derived from hemp are noteworthy as well, benefitting sectors like construction and textiles due to their eco-friendly attributes. In a nation grappling with sustainability concerns, the versatility of hemp provides an alternative to traditional materials, promoting a greener future. Alongside these, Food Supplements harnessing the nutritional benefits of hemp seeds and oils present a valuable segment, catering to health and fitness enthusiasts seeking natural supplement alternatives. Consumer Textiles utilize hemp's durability and sustainable cultivation practices, marking a shift towards eco-responsible apparel choices. This segment is poised to grow further with shifts in consumer values toward sustainable and ethically-produced textiles. Additionally, the market includes a category denoted as 'Others,' which encapsulates a range of innovative and emerging hemp-based products. Each segment plays a vital role in the US Hemp-Based Products Market landscape, driven by increasing consumer demand for sustainable, health-oriented, and eco-friendly products. The collective growth of these segments indicates a bright future for the hemp industry in the US, underscoring the necessity for ongoing market research and development. Overall, as consumers continue to prioritize health and sustainability, the insights on the Type segments highlight an evolving landscape of possibilities driven by hemp-based innovations.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Hemp-Based Products Market End Use Insights

The End Use segment of the US Hemp-Based Products Market reveals a diverse landscape that caters to various customer needs across different sectors. In the Residential sector, there is a growing trend towards sustainable and eco-friendly products, as consumers increasingly prioritize health and environmental impact in their purchasing decisions. This demand drives innovation in organic textiles, construction materials, and health products derived from hemp. The Commercial sector has witnessed significant adoption as businesses leverage hemp's versatility in textiles, packaging, and biofuels, reflecting a broader corporate shift towards sustainability.Furthermore, the Industrial sector shows promise due to hemp's applications in manufacturing composites and biodegradable materials, presenting opportunities for cost-effective and eco-friendly alternatives. As the market evolves, each of these segments plays a crucial role in shaping the overall momentum of the US Hemp-Based Products Market, with increasing recognition of hemp's benefits fostering growth across the entire industry. The rising awareness of hemp's potential, paired with regulatory advancements, further enhances the viability of these segments in real-world applications.

Hemp-Based Products Market Distribution Channel Insights

The US Hemp-Based Products Market is experiencing significant growth, particularly in its Distribution Channel segment, which plays a crucial role in how products reach consumers. This market is characterized by two primary avenues: Online and Offline channels. The Online distribution channel has gained prominence due to the increasing consumer preference for e-commerce, facilitated by the convenience of shopping from home and the availability of a wider range of hemp-based products. Conversely, the Offline channel remains essential, particularly in areas where consumers prefer to interact with products in person and seek advice from knowledgeable staff.The retail presence of hemp-based products in health stores and supermarkets ensures that these products remain accessible to a broader audience. The dynamic interplay between these Distribution Channels contributes to the overall market growth, driven by changing consumer behaviors, advancements in technology, and increased awareness of the benefits of hemp-based products. Identifying opportunities in both Online and Offline sectors is critical for stakeholders aiming to capture a larger share of the thriving US Hemp-Based Products Market.

US Hemp-Based Products Market Key Players and Competitive Insights:

The US Hemp-Based Products Market has witnessed significant growth in recent years, driven by the increasing consumer demand for hemp-derived products, especially post the legalization of industrial hemp cultivation in 2018. This shift has led to a booming marketplace with numerous players entering the fray, contributing to a diverse range of product offerings that include CBD oils, edibles, cosmetics, and textiles. The competitive landscape of this market is characterized by both established companies and emerging startups, resulting in a dynamic environment where innovation and brand differentiation play crucial roles. The focus tends to be on product quality, sustainability, and regulatory compliance as key factors that determine competitive advantage within this sector. As the market continues to evolve, companies are strategizing to strengthen their market position by enhancing their product lines, expanding distribution channels, and targeting specific consumer demographics that are increasingly attuned to the health benefits of hemp-based products.Canopy Growth has established a strong foothold in the US Hemp-Based Products Market by leveraging its extensive research and development capabilities alongside its established production networks. The company's strategic focus on cultivating high-quality hemp and developing innovative hemp-derived products has positioned it favorably within the competitive landscape. Canopy Growth utilizes its expertise in agriculture and hemp processing to ensure the consistency and quality of its offerings, which resonate well with health-conscious consumers. The presence of strong brand recognition, coupled with a robust marketing strategy, has allowed Canopy Growth to effectively differentiate itself in a crowded marketplace. The company has also made significant investments in partnerships and collaborations aimed at enhancing its product portfolio and expanding its reach, further solidifying its stature in the hemp-focused arena.Medterra stands out in the US Hemp-Based Products Market with its comprehensive range of CBD-based products, which include tinctures, capsules, and topicals, catering to a diverse health and wellness audience. The company's commitment to quality and transparency is reflected in its seed-to-sale operations, which encompass everything from cultivation to manufacturing and distribution. Medterra's strong market presence is amplified by its emphasis on product testing and adherence to industry regulations, establishing consumer trust and confidence in its offerings. The company has pursued strategic initiatives such as partnerships and collaborations that enhance its distribution channels and allow for greater product visibility within the market. Medterra's strengths lie not only in its innovative product development but also in its proactive approach to engaging with customers through educational content about the benefits of hemp-based products. This engagement, along with its focus on delivering high-quality solutions, positions Medterra favorably within an evolving marketplace.

Key Companies in the US Hemp-Based Products Market Include:

Canopy Growth

Medterra

Enecta

Lazarus Naturals

NuLeaf Naturals

Bloom Farms

Elixinol

Green Roads

CV Sciences

Aurora Cannabis

HempMeds

HempFusion

Zilis

Papa and Barkley

Charlotte's Web

US Hemp-Based Products Market Industry Developments

The US Hemp-Based Products Market has recently seen significant developments, notably in the regulations and growth of products derived from hemp. A push for clearer regulatory frameworks has been evident, with the USDA and FDA working towards establishing comprehensive guidelines for hemp-derived CBD products. Canopy Growth has expanded its product line, and Medterra has gained recognition for its quality in the hemp extract sector. In August 2023, Aurora Cannabis acquired a notable portfolio of hemp-based products, enhancing its market presence. Companies like Lazarus Naturals and NuLeaf Naturals are experiencing growth driven by increasing consumer demand for natural health products. The market is projected to reach a valuation exceeding $4 billion by 2025, with major players including Green Roads, CV Sciences, and HempFusion bolstering their product offerings. The last couple of years have also noted significant interest in sustainability, as firms like Elixinol and Bloom Farms align their operations with eco-friendly practices to attract environmentally conscious consumers. Additionally, the rise of e-commerce platforms has enabled broader accessibility of hemp-based products, contributing further to market expansion. As of early 2023, federal discussions surrounding hemp regulations continue, affecting the overall landscape of the industry.

US Hemp-Based Products Market Segmentation Insights

Hemp-Based Products Market Type Outlook

Food Products

Hemp CBD

Personal Care Products

Industrial Products

Food Supplements

Consumer Textiles

Others

Hemp-Based Products Market End Use Outlook

Residential

Commercial

Industrial

Hemp-Based Products Market Distribution Channel Outlook

Online

Offline

Report Scope:

Report Attribute/Metric Source:	Details
MARKET SIZE 2018	437.5(USD Million)
MARKET SIZE 2024	516.25(USD Million)
MARKET SIZE 2035	6911.29(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	26.598% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Million
KEY COMPANIES PROFILED	Canopy Growth, Medterra, Enecta, Lazarus Naturals, NuLeaf Naturals, Bloom Farms, Elixinol, Green Roads, CV Sciences, Aurora Cannabis, HempMeds, HempFusion, Zilis, Papa and Barkley, Charlotte's Web
SEGMENTS COVERED	Type, End Use, Distribution Channel
KEY MARKET OPPORTUNITIES	Organic and natural product demand, CBD wellness segment growth, Sustainable packaging solutions, Hemp textiles and fibers expansion, Health-conscious consumer preferences
KEY MARKET DYNAMICS	regulatory developments, consumer awareness, product innovation, sustainable sourcing, competition from alternatives
COUNTRIES COVERED	US