| Product Code: ETC6658250 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Canada`s import trend for hemp-based products experienced a significant growth rate of 257.14% compared to the previous year. The compound annual growth rate (CAGR) for the period of 2020-2024 stood at 5.74%. This surge in import momentum can be attributed to evolving consumer preferences towards sustainable and organic products, driving increased demand for hemp-based goods in the Canadian market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Hemp-Based Products Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Hemp-Based Products Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Hemp-Based Products Market - Industry Life Cycle |
3.4 Canada Hemp-Based Products Market - Porter's Five Forces |
3.5 Canada Hemp-Based Products Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Canada Hemp-Based Products Market Revenues & Volume Share, By Price, 2022 & 2032F |
3.7 Canada Hemp-Based Products Market Revenues & Volume Share, By End-use, 2022 & 2032F |
4 Canada Hemp-Based Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and acceptance of hemp-based products for their health and wellness benefits |
4.2.2 Growing demand for natural and organic products in Canada |
4.2.3 Favorable government regulations and policies supporting the hemp industry |
4.3 Market Restraints |
4.3.1 Limited consumer education and awareness about the benefits of hemp-based products |
4.3.2 Regulatory challenges and restrictions related to the production and marketing of hemp products |
4.3.3 Competition from other alternative products in the health and wellness sector |
5 Canada Hemp-Based Products Market Trends |
6 Canada Hemp-Based Products Market, By Types |
6.1 Canada Hemp-Based Products Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Hemp-Based Products Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Canada Hemp-Based Products Market Revenues & Volume, By Food Products, 2022-2032F |
6.1.4 Canada Hemp-Based Products Market Revenues & Volume, By Hemp CBD, 2022-2032F |
6.1.5 Canada Hemp-Based Products Market Revenues & Volume, By Personal Care Products, 2022-2032F |
6.1.6 Canada Hemp-Based Products Market Revenues & Volume, By Industrial Products, 2022-2032F |
6.1.7 Canada Hemp-Based Products Market Revenues & Volume, By Food Supplements, 2022-2032F |
6.1.8 Canada Hemp-Based Products Market Revenues & Volume, By Consumer Textiles, 2022-2032F |
6.2 Canada Hemp-Based Products Market, By Price |
6.2.1 Overview and Analysis |
6.2.2 Canada Hemp-Based Products Market Revenues & Volume, By Under US$ 50, 2022-2032F |
6.2.3 Canada Hemp-Based Products Market Revenues & Volume, By US$ 50 - US$ 100, 2022-2032F |
6.2.4 Canada Hemp-Based Products Market Revenues & Volume, By US$ 101 - US$ 200, 2022-2032F |
6.2.5 Canada Hemp-Based Products Market Revenues & Volume, By Above US$ 200, 2022-2032F |
6.3 Canada Hemp-Based Products Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Canada Hemp-Based Products Market Revenues & Volume, By Residential, 2022-2032F |
6.3.3 Canada Hemp-Based Products Market Revenues & Volume, By Commercial, 2022-2032F |
6.3.4 Canada Hemp-Based Products Market Revenues & Volume, By Industrial, 2022-2032F |
7 Canada Hemp-Based Products Market Import-Export Trade Statistics |
7.1 Canada Hemp-Based Products Market Export to Major Countries |
7.2 Canada Hemp-Based Products Market Imports from Major Countries |
8 Canada Hemp-Based Products Market Key Performance Indicators |
8.1 Number of new product launches in the hemp-based products market |
8.2 Growth in the number of retail outlets carrying hemp-based products |
8.3 Increase in online searches and social media mentions related to hemp products |
9 Canada Hemp-Based Products Market - Opportunity Assessment |
9.1 Canada Hemp-Based Products Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Canada Hemp-Based Products Market Opportunity Assessment, By Price, 2022 & 2032F |
9.3 Canada Hemp-Based Products Market Opportunity Assessment, By End-use, 2022 & 2032F |
10 Canada Hemp-Based Products Market - Competitive Landscape |
10.1 Canada Hemp-Based Products Market Revenue Share, By Companies, 2025 |
10.2 Canada Hemp-Based Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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