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There are xx businesses in the Industrial Hemp Production industry in the US, which is expected to decline at xx% over the next five years. Manufacturers in this industry cultivate and harvest cannabis plants with a tetrahydrocannabinol (THC) content of less than 0.3% by weight. These cannabis plants are utilized to produce textiles and fibers for industrial applications.
Curious about what drives these trends? IBISWorld's Industrial Hemp Production in the US industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
The Industrial Hemp Production in the US Industry Report is available in multiple formats to fit seamlessly into your workflow.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Cotton Farming in the US |
|
XX% | XX% | $XX |
| Brand Name Pharmaceutical Manufacturing in the US |
|
XX% | XX% | $XX |
| Soybean Farming in the US |
|
XX% | XX% | $XX |
| Oilseed Farming in the US |
|
XX% | XX% | $XX |
| Cannabis Production in Canada |
|
XX% | XX% | $XX |
| Hay and Other Crop Growing in Australia |
|
XX% | XX% | $XX |
| Tobacco Growing in China |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 6,522 Industrial Hemp Production in the US businesses as of 2025, an increase of 17.9% from 2024.
The number of Industrial Hemp Production in the US businesses has declined -9.9% per year on average over the five years between 2020 and 2025.
See our full analysis of the Industrial Hemp Production in the US to understand if the mumber of bussinesses is expected to grow or decline over the next five years.