Industrial Hemp Market Size was valued at USD 10.78 Billion in 2024. The Industrial Hemp market industry is projected to grow from USD 13.21 Billion in 2025 to USD 82.05 Billion by 2034, exhibiting a compound annual growth rate (CAGR) of 22.5% during the forecast period (2025 - 2034). Increasing demand for CBD is the key market drivers enhancing the market growth.