In order to promote the market recovery, the U.S. government announced a COVID-19 relief package of

Falgunimmr30 Sep, 2024Other

In order to promote the market recovery, the U.S. government announced a COVID-19 relief package of USD 1.9 trillion in January 2021. Furthermore, over the forecast period, the market in the United States is expected to be driven by the continuous expansion of small-scale market participants producing industrial and consumer goods based on hemp. The market will increase as consumers become more aware of the dietary benefits of hempseed and hempseed oil, as well as as demand from the cosmetics and personal care sectors rises. The expansion of the market is expected to be positively impacted by increased manufacturing of hemp-based products such as soaps, shampoos, bath gels, hand and body lotions, UV skin defenders, massage oils, and a variety of other goods.

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