By now, everyone’s heard about CBD. Most people have either tried it themselves or know someone who has tried it. The massive growth of the hemp industry is no secret.
But, what some people are wondering is, what’s the next biggest trend? CBD has already taken off. So surely it won’t be long before manufacturers find some new use for hemp.
At CBD Seed Co., we get asked this question all the time. And while we can’t say that we know for sure, we think we might have an answer. We believe that the next explosion in the cannabis industry will be the increase of the use of hemp fiber. Here’s why.
Once the CBD craze quiets down, experts believe that the next biggest trend will be hemp fiber. According to recent research, the global hemp fiber market is expected to increase to $280 million by 2025. That’s almost a $100 million increase from what it was in 2018.
Hemp is one of the fastest growing plants in the world and it’s great for spinning into fiber. Humankind has known this for quite some time. In fact, various populations around the world have been using it for more than 10,000 years to make paper, clothing, and building materials. It’s super strong, water resistant, mold resistant, and requires less water to grow than other plants.
Hemp plants contain two types of fibers, which are both found in the stalk. These are called bast fibers and core fibers. The difference between the two is, that bast fibers are long and soft, and core fibers and short and firm. Both can be used to manufacture many of the products in high demand today.
Hemp fiber is used to make a variety of products, including:
We predict that many industries will turn to hemp fiber as a more affordable and efficient way to manufacture goods. Some of these industries include the fashion industry, paper industry, and building/construction industry, to name a few.
We believe that this is all very good news for hemp farmers. Farmers who are currently growing hemp for CBD are putting themselves in a good position to be able to take advantage of this trend once it takes off. And, according to the reports, it most certainly will.
Learn more about hemp industry trends. Call our office today to speak to an expert.