The global hemp fiber market is growing at an annual rate of 6.9%

Las Vegas, Nevada, Sept. 22, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Hemp Inc. (OTC PINK: HEMP), would like to share Data Bridge Market Research’s recent Digital Journal article, which claims that the global hemp fiber market is growing at an annual rate of approximately 6.9% in during the forecast period of 2021 to 2028. Data Bridge Market Research is a multinational management consulting firm, with offices in India and Canada. The Company provides a variety of services such as audited industry market reports, technology trend analysis, formative market research, strategic consulting, supplier analysis, production and demand analysis and market research. impact on consumers.

Data Bridge Market Research notes that the growing awareness of the benefits of hemp is accelerating the growth of the hemp fiber market. Hemp is used in the processing and manufacture of various products such as paper, textiles, insulation and building materials, personal care products, nutraceuticals, bioplastics and biofuels. Hemp is also used in food and beverage products, as it is mostly grown organically, without the use of toxic chemicals, pesticides, fertilizers or herbicides.

The demand for natural biologics over pharmaceuticals among customers across the globe is one of the major factors driving the hemp fiber market growth. Rising demand for hemp fiber in various industries such as automotive, construction, food and beverage, personal care and textile, especially in emerging regions and increasing investment for the production of hemp products, is accelerating the growth of the hemp fiber market. The global awareness, regarding the therapeutic properties of the product and the low prices of hemp, encourages farmers to diversify their cropping options, which ultimately influences the hemp fiber market. In addition, the increase in use for many food applications, the increase in the legalization of hemp cultivation, new consumer trends, the increase in the number of influencers on social networks, promote the benefits of the product, the prevalence of chronic diseases and mergers and acquisitions between the major players, is positively affecting the hemp fiber market. In addition, research and development activities and product development expand profitable opportunities for players in the hemp fiber market during the predicted period of 2021 to 2028.

It’s definitely an exciting time to be in the hemp market.

About Hemp, Inc.
With over 10 years of experience growing and processing hemp in North America, Hemp, Inc. has an established network of industry professionals in all segments of the industrial hemp industry. Hemp, Inc. has the largest multi-purpose industrial hemp processing facility in North America, an 85,000 square foot facility in Spring Hope, North Carolina. Its mission to provide green solutions that help make the world a better place continues to thrive as the company grows. -a growing portfolio of synergistic activities generating revenue and value. Hemp may be the salvation in retooling America for greener, more sustainable domestic manufacturing.

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The Company will continue to keep its shareholders informed of all relevant material events, product launches, production plans and inventory availability. Those interested in mass distribution should email [email protected] or call 877-436-7564 for more information. The entire product line includes tinctures, gummies, capsules, and edibles in a variety of sizes, potencies, flavors, and formulas with a future focus on healthy foods for healthy living.

Forward-looking statements
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those items. The Securities and Exchange Commission (SEC) requires issuers to provide “adequate current information”. Hemp, Inc.’s financial data is listed on the OTC Exchange. More information can also be found on the Hemp, Inc. website by visiting www.hempinc.com/hemp-financial-disclosures/. The materials contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements involve risks and uncertainties.

Contact: Hemp, Inc.
go@hempinc.com | (855) 436-7688
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