GITNUXREPORT 2026

Hemp Industry Statistics

Explosive global growth is driving economic opportunity across the hemp industry.

Alexander Schmidt

Research Analyst specializing in technology and digital transformation trends.

First published: Feb 13, 2026

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Statistic 1

U.S. hemp industry created 11,000 full-time jobs in 2022

Statistic 2

Hemp farming contributed USD 824 million to U.S. GDP in 2021

Statistic 3

U.S. hemp processors employed 9,200 people in 2022, generating USD 1.2 billion in revenue

Statistic 4

Kentucky's hemp industry added USD 1.1 billion to state economy in 2022, supporting 7,500 jobs

Statistic 5

Global hemp market projected to create 2.5 million jobs by 2030

Statistic 6

U.S. CBD hemp sector generated USD 4.4 billion economic output in 2022

Statistic 7

Hemp fiber processing in Europe supports 25,000 jobs across supply chain in 2023

Statistic 8

Colorado hemp industry contributed USD 450 million to GDP and 2,800 jobs in 2021

Statistic 9

U.S. hemp retail sales created 65,000 jobs in 2022

Statistic 10

Canadian hemp industry valued at CAD 1.5 billion, employing 4,200 directly in 2022

Statistic 11

Hemp exports from U.S. reached USD 150 million in 2022, boosting rural economies

Statistic 12

Oregon hemp sector generated USD 300 million revenue, 1,200 jobs in 2022

Statistic 13

Global hemp supply chain economic multiplier effect estimated at 2.8x direct spend

Statistic 14

U.S. hemp farmers' average revenue per acre USD 1,200 for CBD in 2021

Statistic 15

Hemp industry in North Carolina supports 1,500 jobs and USD 200 million output 2023

Statistic 16

International trade in hemp products worth USD 2.1 billion in 2022

Statistic 17

U.S. hemp manufacturing sector employed 2,300 in textiles and composites 2022

Statistic 18

Global hemp market size reached USD 5.87 billion in 2023 and is projected to grow to USD 16.02 billion by 2030 at a CAGR of 15.4%

Statistic 19

U.S. hemp market valued at USD 1.2 billion in 2022, expected to reach USD 6.87 billion by 2030 with CAGR of 24.2%

Statistic 20

Industrial hemp fiber market size was USD 2.3 billion in 2023, projected to hit USD 5.1 billion by 2032 at CAGR 9.2%

Statistic 21

Hemp seed market valued at USD 5.2 billion in 2023, anticipated to grow to USD 12.4 billion by 2033 at CAGR of 9.1%

Statistic 22

CBD hemp oil market size stood at USD 1.51 billion in 2023, expected to reach USD 6.7 billion by 2032 growing at CAGR 18.1%

Statistic 23

North America hemp market generated USD 1.8 billion revenue in 2023, projected to reach USD 7.5 billion by 2032 at CAGR 17.2%

Statistic 24

Europe industrial hemp market size was USD 1.1 billion in 2022, forecasted to USD 3.8 billion by 2030 at CAGR 16.5%

Statistic 25

Hemp-based textiles market valued at USD 0.9 billion in 2023, expected to grow to USD 2.5 billion by 2031 at CAGR 13.8%

Statistic 26

Global hemp protein market reached USD 0.45 billion in 2023, projected to USD 1.2 billion by 2030 at CAGR 15.0%

Statistic 27

U.S. CBD market, largely hemp-derived, was USD 5.3 billion in 2022, expected to exceed USD 16 billion by 2030 at CAGR 17.5%

Statistic 28

Hemp building materials market size estimated at USD 0.7 billion in 2023, to reach USD 2.1 billion by 2032 at CAGR 13.2%

Statistic 29

Asia-Pacific hemp market valued at USD 0.6 billion in 2023, projected growth to USD 1.8 billion by 2030 at CAGR 17.0%

Statistic 30

Hemp food market globally reached USD 4.2 billion in 2023, anticipated to USD 11.5 billion by 2032 at CAGR 12.1%

Statistic 31

Industrial hemp market in Canada was CAD 1.2 billion in 2022, expected to grow at CAGR 20.1% to 2028

Statistic 32

Global hemp-derived CBD market size USD 4.9 billion in 2023, to USD 13.5 billion by 2030 at CAGR 15.6%

Statistic 33

Hemp-derived products sales in U.S. reached USD 5.3 billion in 2022

Statistic 34

73% of U.S. consumers used hemp-derived CBD for anxiety in 2023 survey

Statistic 35

U.S. hemp seed oil sales grew 28% YoY to USD 250 million in 2022

Statistic 36

45% of U.S. adults tried CBD products by 2023, mostly hemp-sourced

Statistic 37

Global sales of hemp foods reached USD 4.2 billion in 2023, led by protein powders

Statistic 38

U.S. hemp textile products sales USD 120 million in 2022, up 35% from 2021

Statistic 39

62% of CBD users prefer hemp flower over extracts, per 2023 poll

Statistic 40

Hemp protein supplement market sales hit USD 450 million globally 2023

Statistic 41

U.S. online hemp CBD sales accounted for 40% of total USD 2.1 billion in 2022

Statistic 42

28% of Europeans used hemp products for wellness in 2023

Statistic 43

Hemp building products sales grew to USD 700 million globally in 2023

Statistic 44

U.S. pet hemp CBD market sales USD 350 million in 2022, CAGR 30%

Statistic 45

51% of U.S. millennials purchase hemp-derived topicals annually

Statistic 46

Global hemp beverage sales reached USD 150 million in 2023

Statistic 47

U.S. hemp cosmetics sales USD 800 million in 2022

Statistic 48

35% growth in hemp snack food sales in U.S. 2022-2023

Statistic 49

Hemp rope and cordage sales USD 50 million globally 2023

Statistic 50

U.S. 2023 survey: 22% of adults used hemp for sleep aid

Statistic 51

Hemp car parts market sales USD 100 million in Europe 2023

Statistic 52

U.S. hemp acreage planted increased from 0 in 2013 to 438,000 acres in 2020

Statistic 53

In 2022, U.S. hemp production totaled 28,000 acres harvested for fiber, yielding 1.2 million pounds

Statistic 54

China produced 78,000 metric tons of hemp fiber in 2021, leading global production

Statistic 55

France harvested 25,000 hectares of hemp in 2022, producing 120,000 tons of fiber

Statistic 56

U.S. hemp seed production reached 1,500 tons in 2021 from 12,000 acres

Statistic 57

Canada planted 52,000 acres of industrial hemp in 2022, up 15% from 2021

Statistic 58

Global hemp seed production was 145,000 metric tons in 2022

Statistic 59

U.S. CBD hemp flower production averaged 1,200 pounds per acre in 2021

Statistic 60

Netherlands produced 12,000 tons of hemp grain in 2022 from 8,500 hectares

Statistic 61

India cultivated 1,200 hectares of hemp in 2023 under government programs, yielding 4,500 tons fiber

Statistic 62

U.S. hemp for fiber yields averaged 5-8 tons per acre dry stalk in optimal conditions 2022

Statistic 63

Global industrial hemp cultivation area exceeded 500,000 hectares in 2022

Statistic 64

Kentucky led U.S. hemp production with 15,000 acres in 2022

Statistic 65

Hemp CBD biomass production in U.S. totaled 500,000 tons in 2021

Statistic 66

Australia expanded hemp cultivation to 2,500 hectares in 2023, producing 10,000 tons fiber

Statistic 67

Hemp grain yields in U.S. averaged 1,000-1,500 lbs/acre in 2022 trials

Statistic 68

U.S. Farm Bill legalized hemp in 2018, defining THC <0.3%

Statistic 69

38 U.S. states had active hemp programs by 2023

Statistic 70

EU hemp THC limit set at 0.3% since 2021 for industrial use

Statistic 71

Canada legalized industrial hemp nationwide in 1998

Statistic 72

USDA approved 7,000 hemp producers for 2023 crop year

Statistic 73

Switzerland allows hemp cultivation up to 1% THC since 2022

Statistic 74

U.S. DEA rescheduled hemp CBD from Schedule I in 2020 Interim Rule

Statistic 75

15 countries in Latin America legalized hemp by 2023

Statistic 76

Australia's hemp laws reformed in 2017, 50 states now permit cultivation

Statistic 77

FDA regulates hemp CBD as food additive, no GRAS status yet 2023

Statistic 78

UK hemp THC limit 0.2%, licensed cultivation only

Statistic 79

U.S. interstate hemp transport legalized under 2018 Farm Bill

Statistic 80

China permits hemp fiber/seed production, bans THC varieties strictly

Statistic 81

Brazil approved hemp research licenses for 10 farms in 2023

Statistic 82

Over 50,000 U.S. hemp licenses issued since 2019

Statistic 83

UN reclassified cannabis from Schedule I in 2020, aiding hemp trade

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From a global market rocketing past $5 billion to a versatile plant now supporting tens of thousands of jobs, the hemp industry is rapidly shedding its historic stigma and blossoming into a major economic force.

Key Takeaways

Global hemp market size reached USD 5.87 billion in 2023 and is projected to grow to USD 16.02 billion by 2030 at a CAGR of 15.4%
U.S. hemp market valued at USD 1.2 billion in 2022, expected to reach USD 6.87 billion by 2030 with CAGR of 24.2%
Industrial hemp fiber market size was USD 2.3 billion in 2023, projected to hit USD 5.1 billion by 2032 at CAGR 9.2%
U.S. hemp acreage planted increased from 0 in 2013 to 438,000 acres in 2020
In 2022, U.S. hemp production totaled 28,000 acres harvested for fiber, yielding 1.2 million pounds
China produced 78,000 metric tons of hemp fiber in 2021, leading global production
U.S. hemp industry created 11,000 full-time jobs in 2022
Hemp farming contributed USD 824 million to U.S. GDP in 2021
U.S. hemp processors employed 9,200 people in 2022, generating USD 1.2 billion in revenue
Hemp-derived products sales in U.S. reached USD 5.3 billion in 2022
73% of U.S. consumers used hemp-derived CBD for anxiety in 2023 survey
U.S. hemp seed oil sales grew 28% YoY to USD 250 million in 2022
U.S. Farm Bill legalized hemp in 2018, defining THC <0.3%
38 U.S. states had active hemp programs by 2023
EU hemp THC limit set at 0.3% since 2021 for industrial use

Explosive global growth is driving economic opportunity across the hemp industry.

Economic and Employment Impact

U.S. hemp industry created 11,000 full-time jobs in 2022
Hemp farming contributed USD 824 million to U.S. GDP in 2021
U.S. hemp processors employed 9,200 people in 2022, generating USD 1.2 billion in revenue
Kentucky's hemp industry added USD 1.1 billion to state economy in 2022, supporting 7,500 jobs
Global hemp market projected to create 2.5 million jobs by 2030
U.S. CBD hemp sector generated USD 4.4 billion economic output in 2022
Hemp fiber processing in Europe supports 25,000 jobs across supply chain in 2023
Colorado hemp industry contributed USD 450 million to GDP and 2,800 jobs in 2021
U.S. hemp retail sales created 65,000 jobs in 2022
Canadian hemp industry valued at CAD 1.5 billion, employing 4,200 directly in 2022
Hemp exports from U.S. reached USD 150 million in 2022, boosting rural economies
Oregon hemp sector generated USD 300 million revenue, 1,200 jobs in 2022
Global hemp supply chain economic multiplier effect estimated at 2.8x direct spend
U.S. hemp farmers' average revenue per acre USD 1,200 for CBD in 2021
Hemp industry in North Carolina supports 1,500 jobs and USD 200 million output 2023
International trade in hemp products worth USD 2.1 billion in 2022
U.S. hemp manufacturing sector employed 2,300 in textiles and composites 2022

Economic and Employment Impact Interpretation

Despite what its laid-back reputation might suggest, the hemp industry is now a serious economic heavyweight, spinning billions in revenue and tens of thousands of jobs from a plant that is, legally speaking, still trying to get off the couch.

Market Size and Growth

Global hemp market size reached USD 5.87 billion in 2023 and is projected to grow to USD 16.02 billion by 2030 at a CAGR of 15.4%
U.S. hemp market valued at USD 1.2 billion in 2022, expected to reach USD 6.87 billion by 2030 with CAGR of 24.2%
Industrial hemp fiber market size was USD 2.3 billion in 2023, projected to hit USD 5.1 billion by 2032 at CAGR 9.2%
Hemp seed market valued at USD 5.2 billion in 2023, anticipated to grow to USD 12.4 billion by 2033 at CAGR of 9.1%
CBD hemp oil market size stood at USD 1.51 billion in 2023, expected to reach USD 6.7 billion by 2032 growing at CAGR 18.1%
North America hemp market generated USD 1.8 billion revenue in 2023, projected to reach USD 7.5 billion by 2032 at CAGR 17.2%
Europe industrial hemp market size was USD 1.1 billion in 2022, forecasted to USD 3.8 billion by 2030 at CAGR 16.5%
Hemp-based textiles market valued at USD 0.9 billion in 2023, expected to grow to USD 2.5 billion by 2031 at CAGR 13.8%
Global hemp protein market reached USD 0.45 billion in 2023, projected to USD 1.2 billion by 2030 at CAGR 15.0%
U.S. CBD market, largely hemp-derived, was USD 5.3 billion in 2022, expected to exceed USD 16 billion by 2030 at CAGR 17.5%
Hemp building materials market size estimated at USD 0.7 billion in 2023, to reach USD 2.1 billion by 2032 at CAGR 13.2%
Asia-Pacific hemp market valued at USD 0.6 billion in 2023, projected growth to USD 1.8 billion by 2030 at CAGR 17.0%
Hemp food market globally reached USD 4.2 billion in 2023, anticipated to USD 11.5 billion by 2032 at CAGR 12.1%
Industrial hemp market in Canada was CAD 1.2 billion in 2022, expected to grow at CAGR 20.1% to 2028
Global hemp-derived CBD market size USD 4.9 billion in 2023, to USD 13.5 billion by 2030 at CAGR 15.6%

Market Size and Growth Interpretation

The data confirms that hemp is no longer a counterculture whisper but a multi-billion-dollar shout, growing so robustly across sectors from food to fiber that even your conservative uncle’s portfolio might soon be secretly woven with it.

Product Usage and Sales

Hemp-derived products sales in U.S. reached USD 5.3 billion in 2022
73% of U.S. consumers used hemp-derived CBD for anxiety in 2023 survey
U.S. hemp seed oil sales grew 28% YoY to USD 250 million in 2022
45% of U.S. adults tried CBD products by 2023, mostly hemp-sourced
Global sales of hemp foods reached USD 4.2 billion in 2023, led by protein powders
U.S. hemp textile products sales USD 120 million in 2022, up 35% from 2021
62% of CBD users prefer hemp flower over extracts, per 2023 poll
Hemp protein supplement market sales hit USD 450 million globally 2023
U.S. online hemp CBD sales accounted for 40% of total USD 2.1 billion in 2022
28% of Europeans used hemp products for wellness in 2023
Hemp building products sales grew to USD 700 million globally in 2023
U.S. pet hemp CBD market sales USD 350 million in 2022, CAGR 30%
51% of U.S. millennials purchase hemp-derived topicals annually
Global hemp beverage sales reached USD 150 million in 2023
U.S. hemp cosmetics sales USD 800 million in 2022
35% growth in hemp snack food sales in U.S. 2022-2023
Hemp rope and cordage sales USD 50 million globally 2023
U.S. 2023 survey: 22% of adults used hemp for sleep aid
Hemp car parts market sales USD 100 million in Europe 2023

Product Usage and Sales Interpretation

While the modern world is frantically soothing its anxiety with hemp-derived CBD and feeding its pets calming treats, this versatile plant is quietly and industriously rebuilding everything from our bodies and homes to our cars and snack cabinets, proving it's far more than just a wellness trend.

Production Statistics

U.S. hemp acreage planted increased from 0 in 2013 to 438,000 acres in 2020
In 2022, U.S. hemp production totaled 28,000 acres harvested for fiber, yielding 1.2 million pounds
China produced 78,000 metric tons of hemp fiber in 2021, leading global production
France harvested 25,000 hectares of hemp in 2022, producing 120,000 tons of fiber
U.S. hemp seed production reached 1,500 tons in 2021 from 12,000 acres
Canada planted 52,000 acres of industrial hemp in 2022, up 15% from 2021
Global hemp seed production was 145,000 metric tons in 2022
U.S. CBD hemp flower production averaged 1,200 pounds per acre in 2021
Netherlands produced 12,000 tons of hemp grain in 2022 from 8,500 hectares
India cultivated 1,200 hectares of hemp in 2023 under government programs, yielding 4,500 tons fiber
U.S. hemp for fiber yields averaged 5-8 tons per acre dry stalk in optimal conditions 2022
Global industrial hemp cultivation area exceeded 500,000 hectares in 2022
Kentucky led U.S. hemp production with 15,000 acres in 2022
Hemp CBD biomass production in U.S. totaled 500,000 tons in 2021
Australia expanded hemp cultivation to 2,500 hectares in 2023, producing 10,000 tons fiber
Hemp grain yields in U.S. averaged 1,000-1,500 lbs/acre in 2022 trials

Production Statistics Interpretation

While America's hemp industry has exploded from zero to hero in a decade, its focus on CBD gold has left it trailing behind China's fiber empire and Europe's established supply chains, revealing a sobering gap between hype and global agricultural reality.

Regulations and Legal Developments

U.S. Farm Bill legalized hemp in 2018, defining THC <0.3%
38 U.S. states had active hemp programs by 2023
EU hemp THC limit set at 0.3% since 2021 for industrial use
Canada legalized industrial hemp nationwide in 1998
USDA approved 7,000 hemp producers for 2023 crop year
Switzerland allows hemp cultivation up to 1% THC since 2022
U.S. DEA rescheduled hemp CBD from Schedule I in 2020 Interim Rule
15 countries in Latin America legalized hemp by 2023
Australia's hemp laws reformed in 2017, 50 states now permit cultivation
FDA regulates hemp CBD as food additive, no GRAS status yet 2023
UK hemp THC limit 0.2%, licensed cultivation only
U.S. interstate hemp transport legalized under 2018 Farm Bill
China permits hemp fiber/seed production, bans THC varieties strictly
Brazil approved hemp research licenses for 10 farms in 2023
Over 50,000 U.S. hemp licenses issued since 2019
UN reclassified cannabis from Schedule I in 2020, aiding hemp trade

Regulations and Legal Developments Interpretation

The global hemp industry is meticulously building a new agricultural sector brick by legal brick, from the USDA's 7,000 approved producers to Switzerland's bold 1% THC experiment, all while navigating a patchwork of regulations where the only universal constant seems to be a spirited debate over where to draw the line.

Sources & References

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