Colombia Hemp Market: Size, Share, Growth, Opportunity and Forecast 2021-2026
According to the latest report by IMARC Group, titled “Colombia Hemp Market Share: Industry Trends, Size, Growth,
Opportunity and Forecast 2021-2026,” the colombia hemp market to grow at a
CAGR of around 20% during 2021-2026.
Hemp refers to brown-colored small seeds
of the Cannabis Sativa plant. Some of the widely available product variants are
hemp seeds, CBD hemp oil, hemp seed oil, and hemp fiber. They are rich in
minerals, protein, fibers, and healthy fats that offer several health benefits,
such as boosting immunity, treating inflammation, enhancing metabolism,
reducing chronic pain, etc. As a result, hemp finds widespread applications
across the cosmetics, pharmaceuticals, and food and beverages industries.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Colombia Hemp Market Trends:
In Colombia, the growing focus on the
legalization of cannabis-based products is currently driving the market growth.
Furthermore, the rising consumer health consciousness and increasing awareness
about several nutritional benefits of hemp seeds are also augmenting the demand
for hemp-based products. Additionally, the growing prevalence of cancer has
induced the consumption of hemp oil and hemp gummies to relieve
chemotherapy-induced fatigue, nausea, chronic pain, etc. Moreover, the changing
consumer preferences from high-calorie food items to a protein-rich diet are
further catalyzing the demand for hemp seeds. Besides this, the emergence of
vegan food trends is also bolstering the demand for hemp-based meat and hemp
milk, which is expected to strengthen the market for hemp seeds in Colombia
over the forecasted period.
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Colombia Hemp Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report
with the detailed profiles of the key players operating in the market.
Avicanna Inc, Cannabco
Pharmaceutical Corp Colombia S A S, CBDINC Group, CBD Seed Co (Hemp Depot),
Clever Leaves, Colombian Hemp Company, Khiron Life Sciences Corp., One World
Pharma Inc., Pharmacielo Ltd and Sky Hemp Organic.
The report has segmented the market on the basis on region, disc type,
material type and end user.
Breakup by Type:
- Hemp Seed
- Hemp Seed Oil
- CBD Hemp Oil
- Others
Breakup by Source:
- Conventional
- Organic
Breakup by Consumer Age Group:
- 18-24
- 25-34
- 35-44
- 45-54
- 55-64
- Above 65
Breakup by Application:
· Food
o
Snacks and Cereals
o
Soup, sauces, and seasonings
o
Bakery
o
Dairy and frozen desserts
o Others
· Beverages
o
Hot Beverages
o
Sports and Energy Drinks
o
Ready-to-Drink
o Others
- Personal Care Product
- Textiles
- Pharmaceuticals
- Construction & Materials
- Others
Breakup by Region:
- Andean
Region
- Caribbean Region
- Pacific Region
- Orinoquia Region
- Amazon Region
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List of Figure: https://www.imarcgroup.com/colombia-hemp-market
Key highlights of the report:
- Market
Performance (2015-2020)
- Market
Outlook (2021- 2026)
- Porter’s
Five Forces Analysis
- Market
Drivers and Success Factors
- SWOT
Analysis
- Value
Chain
- Comprehensive
Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope
of the report, we can provide it to you as a part of the customization.
If you want latest primary and secondary data (2021-2026) with Cost
Module, Business Strategy, Distribution Channel, etc. Click request free sample
report, published report will be delivered to you in PDF format via email
within 24 to 48 hours of receiving full payment.
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IMARC Group is a leading market research company that offers management
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and technological developments for business leaders in pharmaceutical,
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analysis for biotechnology, advanced materials, pharmaceuticals, food and
beverage, travel and tourism, nanotechnology and novel processing methods are
at the top of the company’s expertise.
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