Hemp Oil Market is estimated to witness surging demand 2028
Data Bridge Market Research analyses that the Global Hemp Oil Market will project a CAGR of 35.80% for the forecast period of 2021-2028. Industry Analysis Increasing personal disposable income, rising awareness about the medical benefits of hemp oil and rise in the demand and application of hemp oil for a wide range of applications such as personal care products, pharmaceuticals and nutraceuticals, food and beverages, industrial uses and others are the major factors attributable to the growth of hemp oil market. Also known as hemp seed oil, hemp oil is extracted from hemp seeds. Hemp oil is dark to clear light green in colour with a nutty flavour. Hemp oil is widely gaining popularity owing to its healing properties. Hemp oil is rich in required omega-3 fatty acids, terpenes, vitamins, chlorophyll, amino acids antioxidants and nutraceuticals. Hemp oil is also high in phytocannabinoids such as cannabichromene (CBD), cannabigerol (CBG), cannabinol (CBN) and cannabidivarian (...