Hemp
Industry

U.S. hemp industry reached $668 million in sales in 2016 and is projected to reach $2 billion by 2020 [1].

In 2017, 25,541 acres of hemp grown in 19 states and there are 32 universities studying hemp in the US [2].

In the first four months of 2015, hemp exports were worth $34 million compared to $12 million for all of 2011 [3].

According to the Nutritional Business Journal, Nutritional supplements generated approximately $32 billion in revenue for just nutritional supplements alone in 2012. By 2021, revenue is projected to double by topping $60 billion in 2021[4].

The global market for botanical supplements is expected to grow to USD 90.2 billion in 2020 [5].

The global clinical nutrition market is forecasted to grow to USD $48.6 billion by 2020 [6].

The Canadian Natural Foods industry garners over $11 billion in revenues[7].

Global Health and Wellness Sales generated $774 billion in 2014 [8].

In the US, pet treats generated a total revenue of USD $884 million in 2014. The Natural pet foods category is growing and generates USD $4.6 billion in annual sales [9].