Hemp

India’s fiber market is dominated by cotton, however, increased international demand for sustainable fibers is driving apparel and textile manufacturers to utilize hemp.

This report describes the current trends and developments of the industrial hemp sector in the Netherlands. Key highlight include the Netherlands’ National Approach Biobased Building, a strategy for construction through which it aims to have 30 percent of all newly built houses and utility buildings constructed with at least 30 percent bio-based construction materials by 2030.

On August 2, 2024, several ministries and regulatory bodies in the People’s Republic of China (PRC) jointly announced that seven substances including cannabidiol (CBD) are subject to the management controls of precursor chemicals starting from September 1, 2024.