Hemp Oil Dietary Supplement Market, Global Outlook and Forecast 2024-2030

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• The global Hemp Oil Dietary Supplement market was valued at USD 266.67 million in 2023 and is projected to reach USD 552.47 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 11.5% during the forecast period (2024-2030).

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• Hemp oil dietary supplements are products derived from the seeds of the hemp plant (Cannabis sativa). They contain high levels of omega-3 and omega-6 fatty acids, along with other beneficial compounds like vitamins and minerals. These supplements are often used for their potential health benefits, such as supporting heart health, reducing inflammation, and promoting skin health. They do not contain significant levels of THC (tetrahydrocannabinol), the psychoactive compound found in marijuana, and are legal in many countries as they are derived from hemp seeds rather than the flowers or leaves of the plant.

• Market Growth Drivers: Factors driving this growth include increasing consumer awareness about the health benefits of hemp oil, growing acceptance of hemp-derived products, and expanding legalization and regulation of hemp cultivation and usage.

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