Hemp Processing Equipment Market Research Report By Product Type (Decorticators, Degummers, Hemp Oil Presses, Hemp Fiber Extractors, Other Hemp Processing Equipment), By Capacity (Small-scale, Medium-scale, Large-scale), By Raw Material (Hemp Stalks, Hemp Seeds), By Application (Textiles, Construction Materials, Biofuels, Food Products, Pharmaceuticals), By End User (Textile Manufacturers, Construction Companies, Biofuel Producers, Food Processors, Pharmaceutical Companies) and By Regional (North America, Europe, South America, Asia Pacifi

Hemp Processing Equipment Market Overview

As per MRFR analysis, the Hemp Processing Equipment Market Size was estimated at 2.91 (USD Billion) in 2022.The Hemp Processing Equipment Market Industry is expected to grow from 3.3(USD Billion) in 2023 to 10.2 (USD Billion) by 2032. The Hemp Processing Equipment Market CAGR (growth rate) is expected to be around 13.35% during the forecast period (2024 - 2032).

Key Hemp Processing Equipment Market Trends Highlighted

The global hemp processing equipment market is driven by the legalization of hemp cultivation in various countries, leading to increased demand for hemp-based products such as food, beverages, textiles, and construction materials. The rising awareness of the health benefits of hemp-derived products, such as its potential for reducing inflammation and improving sleep, is also fueling market growth. Emerging technologies, such as ultrasonic extraction and cold press technology, are enhancing the efficiency and yield of hemp processing, creating new opportunities for market players. 

The increasing emphasis on sustainability and environmental consciousness is driving demand for eco-friendly hemp processing equipment that minimizes waste and energy consumption. Trends in the hemp processing equipment market include the integration of automation and AI to streamline operations and improve efficiency. Collaboration between manufacturers and research institutions is fostering innovation and the development of advanced technologies. Strategic partnerships and mergers and acquisitions are also becoming prevalent as companies seek to strengthen their market presence and expand their product offerings.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Hemp Processing Equipment Market Drivers

Growing Demand for Hemp-Based Products

The growing adoption of hemp and its extract, cannabidiol ,  is among the major factors propelling the demand for hemp processing equipment. Foods that are produced from hemp include hemp milk and many other kinds of food. Hemp is also processed to make beverages, supplements, textiles among others. The increasing legalization of hemp and its purpose as stated above are expected to promote the demand for hemp processing equipment.

Technological Advancements in Hemp Processing

The Global Hemp Processing Equipment Market Industry is witnessing significant technological advancements that are enhancing the efficiency and precision of hemp processing. New and improved equipment, such as automated harvesters, precision extractors, and quality control systems, are enabling manufacturers to produce high-quality hemp-based products at a larger scale. These advancements are expected to further drive the growth of the hemp processing equipment market.

Government Regulations and Support

The increasing government regulations and services and growing investment by private and public organizations in the global hemp industry are contributing to the growth of the Global Hemp Processing Equipment Market Industry. Governments in many places are changing the rules in legalizing the cultivation and manufacturing of items regarding the hemp industry. Businesses are also receiving incentives while operating in this industry, and standards to transport or sell these products are being set.For these reasons, the global hemp market is growing, providing a positive outlook for the growth of the hemp processing equipment market.

Hemp Processing Equipment Market Segment Insights:

Hemp Processing Equipment Market Product Type Insights 

Decorticators, degummers, hemp oil presses, hemp fiber extractors, and other hemp processing equipment are the five product types in the Global Hemp Processing Equipment Market. Considering the 2023 data, the decorticators segment held the largest share in the market, which was over 30% of the global market revenue. This factor is owing to the augmented demand for hemp fiber, which is found useful in many industries such as textiles, construction, and automotive. Moreover, the degummers segment is expected to show the highest growth rate in the forecast period, with 15.2% CAGR.

Increased demand for high-quality hemp oil, which is widely used in food, beverages, and cosmetics, stimulates the growth of the degummers segment. Additionally, by 2032, the hemp oil presses segment is likely to generate a huge share of the global market revenue as hemp oil has become a common health supplement today. Moreover, the hemp fiber extractors segment also is likely to witness considerable growth due to the increased demand for hemp fiber to be used in biocomposite production and other materials. Other hemp processing equipment such as dryers, grinders, conveyors are likely to positively impact the growth of the market.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Hemp Processing Equipment Market Capacity Insights 

The Global Hemp Processing Equipment Market is divided by capacity into small-scale, medium-scale, and large-scale. The small-scale segment is projected to be the largest market in 2023. The growing demand for small-scale hemp processing equipment from small-sized and medium-sized businesses will enhance the development of the segment. Small-scale hemp processing equipment is generally used for processing hemp at a capacity of fewer than 10 tons per day. Further, it can be used to process hemp for various uses, including fiber, seed, and oil extraction.

The medium-scale segment will grow at a rapid rate over the forecast period. The increasing use of medium-scale hemp processing equipment by medium to large-scale businesses will increase the growth opportunities for the segment. Further, medium-scale hemp processing equipment is generally used to process hemp at a capacity of 10-50 tons per day. The medium-scale hemp processing equipment can be used to process larger amounts of hemp for different applications. Such factors will propel the growth of the medium-scale segment. The large-scale segment is projected to occupy a considerable share of the Global Hemp Processing Equipment Market by 2032.

The increasing use of large-scale hemp processing equipment by large-sized hemp producers and processors is anticipated to boost the growth of the segment. The processing capacity for large-scale hemp processing equipment is generally over 50 tons per day. Further, it may be used to process larger quantities of hemp for industrial applications.

Hemp Processing Equipment Market Raw Material Insights

The Global Hemp Processing Equipment Market segmentation by raw material includes hemp stalks and hemp seeds. Hemp stalks are the primary raw material for hemp processing equipment, accounting for a larger revenue share in the market. The high demand for hemp stalks is attributed to their use in producing a wide range of products, including fiber, hurds, and shives. Hemp seeds, on the other hand, are used to extract hemp seed oil, which is rich in essential fatty acids and has various applications in the food and beverage, personal care, and pharmaceutical industries.The growing demand for hemp-based products is expected to drive the growth of the hemp processing equipment market for both hemp stalks and hemp seeds in the coming years.

Hemp Processing Equipment Market Application Insights

The application segment of the Global Hemp Processing Equipment Market is categorized into Textiles, Construction Materials, Biofuels, Food Products, and Pharmaceuticals. Textiles held the largest market share in 2023 and is estimated to continue dominating the market throughout the forecast period. The increasing use of hemp fiber in the manufacturing of eco-friendly textiles is driving the growth of this segment. The hemp fiber is blended with other natural fibers like cotton and silk to create durable and sustainable fabrics. The construction materials segment is also projected to witness significant growth due to the rising demand for sustainable building materials.Hemp-based construction materials offer several advantages, including fire resistance, insulation, and durability, making them a preferred choice for eco-conscious builders.

Hemp Processing Equipment Market End User Insights

The end user segment plays a crucial role in shaping the dynamics of the Global Hemp Processing Equipment Market. Key end users include textile manufacturers, construction companies, biofuel producers, food processors, and pharmaceutical companies. Textile manufacturers utilize hemp fibers for producing sustainable and eco-friendly fabrics, driving demand for hemp processing equipment. In 2023, the textile industry accounted for a significant share of the Global Hemp Processing Equipment Market revenue, estimated at around $1.2 billion. With rising consumer consciousness towards sustainable fashion, this segment is projected to witness steady growth, reaching $2.4 billion by 2032.

Construction companies leverage hemp fibers as a green building material due to their durability, insulation properties, and fire resistance. The construction industry's increasing focus on sustainability is expected to fuel the demand for hemp processing equipment in this segment. Biofuel producers utilize hemp biomass to produce biofuels, contributing to the reduction of greenhouse gas emissions. The growing demand for renewable energy sources is expected to drive the growth of this segment, reaching $1.8 billion by 2032. Food processors employ hemp seeds for their nutritional value, leading to the production of hemp-based food products.

The rising popularity of plant-based diets and the increasing awareness of hemp's health benefits are expected to boost the demand for food processing equipment in this segment. Pharmaceutical companies are exploring the therapeutic potential of hemp extracts, driving demand for specialized processing equipment. The legalization of medical cannabis in various countries is expected to contribute to the growth of this segment, reaching $1.5 billion by 2032.

Hemp Processing Equipment Market Regional Insights

Regionally, North America dominated the market in 2023. The growth of the regional market can be attributed to the increasing demand for hemp-derived products, such as CBD oil and hemp fiber, in the region. Europe is expected to witness significant growth in the hemp processing equipment market owing to the rising demand for hemp-based products in the region. The APAC region is also expected to experience substantial growth in the hemp processing equipment market due to the increasing adoption of hemp in various industries, such as textiles, construction, and food.South America and MEA are expected to witness moderate growth in the hemp processing equipment market during the forecast period.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Hemp Processing Equipment Market Key Players And Competitive Insights:

Major players in Hemp Processing Equipment Market industry are continuously developing and innovating new products to meet the evolving demands of customers. Leading Hemp Processing Equipment Market players are focusing on strategic partnerships and collaborations to expand their global reach and strengthen their market position. The Hemp Processing Equipment Market development is driven by factors such as increasing demand for processed hemp products, government initiatives to promote hemp cultivation and processing, and advancements in hemp processing technologies. 

The Hemp Processing Equipment Market Competitive Landscape is characterized by the presence of a large number of both established and emerging players. Some of the key strategies adopted by these players include product differentiation, market expansion, and technological advancements.A leading company in the Global Hemp Processing Equipment Market is E Hemp Technology. The company offers a wide range of hemp processing equipment, including decorticators, fiber extractors, and oil presses. E Hemp Technology has a strong global presence, with operations in North America, Europe, and Asia. The company is committed to providing innovative and sustainable hemp processing solutions to its customers. E Hemp Technology has a team of experienced engineers and technicians who are constantly developing new and improved hemp processing equipment. The company also offers a variety of services, including consulting, training, and maintenance.

A competitor company in the Global Hemp Processing Equipment Market is HempFlax Group. The company is headquartered in the Netherlands and has operations in Europe, North America, and Asia. HempFlax Group offers a range of hemp processing equipment, including decorticators, fiber extractors, and oil presses. The company also offers a variety of hemp products, including fibers, hurds, and oils. HempFlax Group is committed to providing sustainable and environmentally friendly hemp processing solutions to its customers. The company has a strong focus on research and development, and it is constantly developing new and improved hemp processing technologies.

Key Companies in the Hemp Processing Equipment Market Include:

• Fabrication Lajoy Inc


• HerbaTech Equipment


• HD Buck


• Agromatic


• Agro Fusion


• Alpina Decken GmbH


• Pellenc ST


• Separex Technologies


• Tosaf


• Soteco International


• Spradling Enterprises


• Spectrum King LED Growth Technologies


• GreenBroz Inc


• Investec Dairy (Pty) Ltd


• Integrated Global Services Inc

Hemp Processing Equipment Market Industry Developments

The Hemp Processing Equipment Market is expected to witness significant growth in the coming years, driven by the increasing demand for hemp-based products and the legalization of hemp cultivation in various countries. The market is expected to reach a value of USD 10.2 billion by 2032, exhibiting a CAGR of 13.35% during the forecast period (2024-2032).

Key market players include Buhler, Wolf, KAHL, and EIHA. Recent developments in the market include the launch of new hemp processing equipment, such as the HempMaster 300 from Buhler, which is designed to process large volumes of hemp biomass. Additionally, governments worldwide are implementing supportive policies to promote the hemp industry, which is expected to further drive the growth of the Hemp Processing Equipment Market.

Hemp Processing Equipment Market Segmentation Insights

Hemp Processing Equipment Market Product Type Outlook

• Decorticators


• Degummers


• Hemp Oil Presses


• Hemp Fiber Extractors


• Other Hemp Processing Equipment

Hemp Processing Equipment Market Capacity Outlook

• Small-scale


• Medium-scale


• Large-scale

Hemp Processing Equipment Market Raw Material Outlook

• Hemp Stalks


• Hemp Seeds

Hemp Processing Equipment Market Application Outlook

• Textiles


• Construction Materials


• Biofuels


• Food Products


• Pharmaceuticals

Hemp Processing Equipment Market End User Outlook

• Textile Manufacturers


• Construction Companies


• Biofuel Producers


• Food Processors


• Pharmaceutical Companies

Hemp Processing Equipment Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa