The U.S. and Europe industrial hemp-based bioplastics market is estimated to be valued at in 2025 and is expected to reach by 2032, exhibiting a compound annual growth rate from 2025 to 2032. The U.S. and Europe industrial hemp-based bioplastics market represents a transformative segment within the broader sustainable materials industry, driven by the convergence of environmental consciousness, regulatory support for hemp cultivation, and technological advancements in bioplastic manufacturing. Industrial hemp, derived from cannabis sativa varieties containing less than 0.3% tetrahydrocannabinol (THC), has emerged as a promising feedstock for bioplastic production due to its rapid growth cycle, carbon sequestration capabilities, and renewable nature.
The U.S. and Europe industrial hemp-based bioplastics market is propelled by several key drivers, primarily the escalating environmental concerns and stringent regulatory frameworks targeting plastic waste reduction, with governments implementing bans on single-use plastics and mandating sustainable packaging solutions across industries. The growing corporate sustainability initiatives and ESG commitments from major brands are accelerating adoption, as companies seek to reduce their carbon footprint and meet consumer expectations for environmentally responsible products.
- This report provides in-depth analysis of the U.S. and Europe industrial hemp-based bioplastics market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the U.S. and Europe industrial hemp-based bioplastics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include leading bioplastic manufacturers, hemp processing companies, and sustainable materials innovators operating in the U.S. and Europe markets.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, the market expansion, and marketing tactics.
- The U.S. and Europe industrial hemp-based bioplastics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S. and Europe industrial hemp-based bioplastics market.
-
- Hemp Hurd (Shiv)
- Hemp Bast Fiber
- Hemp Powder/Flour
- Blended Hemp Fiber
- Other Hemps (Hemp Cellulose, Hemp Bio-Oil, etc.)
-
- Hemp-reinforced biocomposites
- Cellulose-derived plastics
- Lignin-filled bioplastics
- Bio-polyurethanes
- Thermoset biocomposites
- Others (Films & sheets, 3D-printing filaments, etc.)
-
- Packaging
- Automotive & Transportation
- FMCG & Consumer Durables
- Industrial/Manufacturing
- Others (Agriculture & Landscaping, Textiles, Medical, etc.)
-
- Direct-to-project Supply (B2B bulk sales)
- Distributors / Building Material Merchants
- Online B2B Platforms
-
- HempFlax Group
- Hemp Plastic Company
- INCA Renewtech
- Terramer
- Hemp Foundation
- Cavac Biomateriaux
- Cannopy Corporation, INC.
- HempGazette
- EnviroTextiles LLC.
- Bifrost Bioplastic
- Green Dot Bioplastics
