In 2023, tow waste hemp production in France stood at an actual volume that is not provided in the data above. From 2024 onwards, forecasts depict a rising trend from 119.21 thousand metric tons in 2024 to 145.37 thousand metric tons by 2028. This marks an average annual growth rate, or compounded annual growth rate (CAGR), of approximately 5.06% over the five-year period from 2024 to 2028. Year-on-year forecasts suggest increasing growth at a steady rate, with production projected to expand by around 4.8 to 5% per year.
Future trends to watch in the French hemp sector include advances in processing technologies and potential regulatory shifts, which could enhance production efficiency and market expansion. Additionally, growing interest in sustainable and eco-friendly materials may further boost demand and foster innovation within the hemp industry.
