The Colombia hemp market is expected to exhibit a growth rate (CAGR) of 19.9% during 2023-2028.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Colombia Hemp
Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast
2023-2028," the Colombia hemp market is expected to exhibit a growth rate
(CAGR) of 19.9% during 2023-2028.
Hemp refers to plant fiber that contains a low level of tetrahydrocannabinol
(THC). It is generally used in the form of CBD hemp or hemp seed oil that is
obtained from the hemp plant. It is a rich source of numerous essential
nutrients, such as vitamins, fatty acids, magnesium, potassium, and sodium.
Therefore, it is widely utilized to treat high cholesterol levels and eczema while
also being used by cancer patients to relieve pain. Apart from this, it is also
employed in the formulation of gluten-free food items and personal care
products.
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4. Report Description
Colombia Hemp Market Trends:
The market in Colombia is primarily driven by the rising awareness regarding the medicinal benefits of hemp
among the masses. This is supported by the widespread adoption of various hemp-based products, including oil
and gummies, in the treatment of numerous psychological disorders across the country. Along with this, the
numerous favorable initiatives undertaken by the government, such as the legalization of hemp cultivation, are
creating a positive outlook for the market.
Moreover, the increasing utilization of hemp in the manufacturing of medicines across Colombia is also
contributing to the market growth. The market is further driven by significant growth in the food and beverages
sector and the rising investments by major players in the market to launch hemp-based food and beverages, such
as cereals, chocolates, yogurt, and smoothies.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/colombia-hemp-market
6. Report
Segmentation
• Above 65
Breakup by Application:
• Food
o Snacks and Cereals
o Soups, 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
8. Competitive
Landscape with
Key Players
• 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
• Sky Hemp Organic.
9. Key Questions
Answered in
the Report
What is the expected growth rate of the Colombia hemp
market during 2023-2028?
What are the key factors driving the Colombia hemp market?
What has been the impact of COVID-19 on the Colombia hemp
market?
What is the breakup of the Colombia hemp market based on
the type?
What is the breakup of the Colombia hemp market based on
the source?
What is the breakup of the Colombia hemp market based on
the application?
What are the key regions in the Colombia hemp market?
Who are the key players/companies in the Colombia hemp
market?
10. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Colombia Hemp Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Hemp Seed
6.1.1 Mark et Trends
6.1.2 Mark et Forecast
6.2 Hemp Seed Oil
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 CBD Hemp Oil
6.3.1 Mark et Trends
6.3.2 Mark et Forecast
11. Table of
Contents
6.4 Others
6.4.1 Mark et Trends
6.4.2 Mark et Forecast
7 Market Breakup by Source
7.1 Conventional
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 Organic
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
8 Market Breakup by Consumer Age Group
8.1 18-24
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 25-34
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 35-44
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
8.4 45-54
8.4.1 Mark et Trends
8.4.2 Mark et Forecast
8.5 55-64
8.5.1 Mark et Trends
8.5.2 Mark et Forecast
8.6 Above 65
8.6.1 Mark et Trends
8.6.2 Mark et Forecast
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