Hemp, Inc. Reports

Hemp Seed and Hemp Fiber Set to Flourish on a Global Scale

LAS VEGAS, NV, July 27, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Hemp, Inc. (OTC PINK: HEMP) reports today that the global hemp seed market is on the verge of a significant surge, with a projected value of $2.2 billion by 2030 from its current valuation of $1.2 billion, according to a comprehensive market analysis recently released. This particular market analysis provides an all-encompassing understanding of the global hemp seed market, delving into the market size, forecasts, drivers, challenges, and competitive landscape which industry professionals and stakeholders find invaluable in not only tapping into the immense potential of this dynamic market but for making informed decisions of the best companies to partner or work with. (Source)

These vital insights into market dynamics present a significant advantage to Hemp, Inc. According to the analysis, the global hemp seed market's rapid expansion is attributed to two key driving forces. First, the growing demand for plant-based products has led consumers to seek healthier and sustainable alternatives. Hemp seeds, known for their nutritional value and versatility, have gained popularity as a powerhouse ingredient in a variety of plant-based food products. Second, the rising health consciousness among consumers has driven the adoption of hemp seeds as a nutritious and natural supplement, bolstering the market's growth prospects. This increasing demand for plant-based products and the rising health consciousness among consumers can provide lucrative opportunities for Hemp, Inc. to strategically align its hemp seed products with these growing consumer preferences.

Moreover, with a clear segmentation of the market based on source, form, packaging, application, and distribution channels, Hemp, Inc. gains the ability to optimize its already stellar lineup of CBD/CBG/CBN products. These products specifically include a CBD-CBG Topical Pain Relief Roll-on (an impressive, THC-free 1,460mg of CBD and 630mg of CBG for a whopping total of 2,090mg of cannabinoids in 5ml), CBD/CBG Natural Coffee Enhancers, CBD/CBG Tinctures, and, CBDa/CBGa/CBD/CBG/CBN Capsules. Armed with detailed profiles of key players, including potential competitors and collaborators, Hemp, Inc. can refine its market positioning and forge strategic partnerships to enhance not only its domestic reach but global reach too.