Hemp: A Study

The history of hemp cultivation is as old as the history of civilization. Hemp is an annual herb, in India it is grown in the higher altitude specially in the Himalayan region. Hemp is the male plant of cannabis family which is rich in fiber and contain important elements having nutritional and medicinal value.
Hemp is the term for high-growing industrial varieties of the Cannabis sativa.

Products includes Fiber, Oil, and Seeds.

Hemp is refined into products such as Hemp Seed Oil, Wax, Rope, Cloth, Pulp, Paper and Fuel.

  • Internationally, Hemp production is estimated to be around 0.1 million tons annually.
  • Allowing Indian farmers to cultivate hemp will give them a stake in the 1.5 million hemp industry. Currently dominated by China, France, and Germany.
  • Legalizing the plant could create an industrial hemp textile market in India that could be valued at an estimated Rs. 240 million.
  • $ 1.5 trillion global economy.

Environmental point of view  –

  • Hemp is naturally occurring plant which required less land as compared to cotton or silk.
  • Hemp plant don’t required any pesticide and increase the fertility of soil.
  • The product obtained from hemp is purely eco-friendly, healthy and safe for use Major

Opportunities and Challenges

  • Health and Food-Opportunities

• Increasing recognition of the nutritional and health properties of hemp, including the presence of many different bioactive ingredients in hempseed that have shown promise in disease prevention and reduction.

• Emerging markets, such as pet foods and products, and gluten-free products.

• The rapidly expanding market for natural, organic personal care products.
Health and Food – Challenges

Lack of clinical research specifically on the health benefits of hemp seed and oil.

The need to educate the public about the reality of THC in hemp products.

Fiber and Industrial Oil – Opportunities

There is a world of new and emerging markets, driven by the increasing viability of substituting hemp-based bio products for petroleum-based products, based on emerging technology platforms and the increasing costs of fossil fuels. There are numerous short, medium and long-term opportunities for hemp-based products to make significant inroads in these markets.

Emerging processing technologies are unlocking new industrial applications. With domestic commercial processing of bast fibers expected to come online in 2009, a whole range of natural fiber applications are enabled. Similarly, new product applications are being brought to commercialization.

There is increasing market demand for environmentally conscious products. Hemp has promising applications in a wide range of green building products, and the substitute of hemp-based products for fossil fuel-based products will deliver significant environmental benefits.

With the market for hemp seed products expanding, there are increasing amounts of hemp fiber and herd available for industrial purposes.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s