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The global industrial hemp market size was valued at USD 3.61 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 16.2% from 2021 to 2028. The growing demand for industrial hemp in food and beverage products for its dietary benefits is expected to drive the product demand. Moreover, the medicinal benefits offered by the product are likely to support the demand. The COVID-19 outbreak across the globe has negatively impacted the manufacturing industries on account of the closure of construction operations and related services.


Also visit https://www.expertmarketresearch.com/reports/legal-marijuana-market


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