With nearly one-in-ten adults having used CBD, UK is one of the largest CBD markets in the world, its value estimated at £386 million in 2025 and projected to reach £2.3 billion by 2030. This is driven by growing public interest, with CBD-based snacks, supplements and skincare products catching the attention of health-conscious consumers.
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In 2025, the acreage of hemp planted held stead at 150 acres while harvested acreage improved to 130 acres, reflecting a yield rate of around 87%. New York hemp farmers mainly grow it for flower and the state’s farm-gate floral hemp production was valued at nearly $13.4 million in 2025.
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Hemp Legalization Hemp cultivation was legalized in Mississippi on June 29, 2020, through Senate Bill 2725 (Mississippi Hemp Cultivation Act). […]
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Texas is the leading U.S. hemp producer, accounting for 13.6% of planted acreage in 2025. With over 13,850 CBD retail shops, it’s also a major consumer market.
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Hemp is rapidly gaining global recognition as a versatile, sustainable crop with applications in building materials, food, personal care, textiles, and medicine. The rising awareness of its benefits and quickly developing regulations are projected to drive a $17 billion market by 2030.
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Total utilized production value hit $739 million (+64% YoY), driven by a 34% increase in harvested hemp acreage and a rise in value of hemp flower and grain.
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Starting April 1, 2026, eligible Medicare beneficiaries will be able to access hemp-derived CBD products at no cost to themselves through the Substance Access Beneficiary Engagement Initiative established by the Centers for Medicare & Medicaid Services.
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The Plant Improvement Act’s amendment, which took effect on December 1, 2025, officially raised South Africa’s legal THC limit for hemp to 2%, ushering in a new phase of growth for the country’s hemp industry.
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Japan’s hemp CBD market was valued at $163 million in 2024 and is projected to eventually reach the value of $500,000 – fueled by rising consumer interest in the role of CBD in health and wellness.
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In a meeting on January 28, 2026, Brazil formally legalized the cultivation of cannabis with no more than 0.3% THC, while also revising laws to increase patient access and expand administration routes, among other changes.
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