The sales of hemp seed oil was somewhere around $4.6 billion in 2019. While this is certainly an impressive figure, sales are expected to skyrocket in the next few years, with projected sales in 2025 reaching $26.6 billion. That’s almost six times the amount of hemp seed oil sold in 2019.
Medical hemp usage is a trend that doesn’t seem to be going away. According to a Gallup poll, 14% of Americans say they use CBD and hemp products, with 40% using it for pain relief, 20% for anxiety, and 11% to aid in sleep.