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Global Hemp Fiber Market May Surpass $30.13 Billion By 2033

Humans have a long history of making use of hemp fiber. In fact, archaeologists have discovered pieces of woven hemp fabric from ancient Mesopotamia in what is modern-day Iraq and Iran that date back to 8,000 BCE. Zoom forward to modern times, and hemp fiber is a booming sector of the global industrial hemp industry. “The global hemp fiber market was valued at US$ 5.78 billion in 2024 and is expected to reach US$ 30.13 billion by 2033, growing a…
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cannabisindustrydata.com broke the news in on Tuesday, July 22, 2025.
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