Europe Industrial Hemp Market Size & Outlook, 2026-2034

Last Updated : 10 July, 2026 | Study Period : 2022-2034 | Format : PDF, Excel | Author : Grace Turner

Europe Industrial Hemp Market Insights

  • As per Deep Market Insights insights, Europe’s Industrial Hemp Market was valued at USD 738.92 Million in 2025 and is anticipated to expand to USD 2899.77 Million by 2034.
  • From 2026 to 2034, the market is anticipated to expand at a CAGR of 16.42%.
  • Within By Product Type, Hemp fiber accounted for the largest market size in 2025.
  • During the forecast period, Hemp oil is anticipated to remain the highest-growth segment within the By Product Type category.

Other Key Findings


  • In 2025, Europe accounted for 26.87% of the global Industrial Hemp Market size.
  • By 2034, United States is projected to lead the global market in terms of market size.
  • France is projected to emerge as the fastest-growing market in Europe, reaching USD 550.21 Million by 2034.

Report Summary

Report Scope Details
Base Year for Study 2025
Study Period 2022-2034
Historical Period 2022-2024
Forecast Period 2026-2034
Market Size In 2025 USD 738.92 Million
Market Size In 2034 USD 2899.77 Million
Largest segment Hemp fiber
Units Revenue in USD Million
CAGR 16.42% (2026-2034)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

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