Hemp Food, Health & Beauty
The Palace at Nakło | Poland
May 25-26, 2018
This is a special invitation for you to join us May 25-26, 2018 for Hemp Food, Health & Beauty, part of the Hemp | 2020 Business Summit Series hosted by HempToday, the leading source for global business information about industrial hemp
We join with a group of independent entrepreneurs with strong bonds, and sharing key assets through which we strengthen our individual grass-roots businesses. We look for strategic and financial partners to join us as we work to synthesize our enterprises to further develop hemp industry value chains — from farming to processing facilities and product lines, B2B and B2C communications and marketing, sales and distribution channels.
To be held at HempToday’s center in the Palace at Nakło, Lelów, Poland, the Summit is an opportunity for current and future industry stakeholders to get up close and personal as we survey the vast opportunities in hemp food, health and beauty products worldwide, and explore investment and business opportunities together.
The aims of the Summit are to share knowledge and experiences, to foster business matchmaking among participants, to generate a body of content for broader distribution around the world, and to jointly explore the potential for hemp food, health and beauty products as an engine for sustainable local economic development.
We have invited entrepreneurs, consultants, investors, researchers and policy experts who’ll explore hemp’s market potential as a “super,” “nutritious” and “bio” food and health supplement, along with its promise in a wide range of topical, skin-care and beauty applications. We’ll look at value chain and economic development possibilities based on the production of hemp food and health products.
Robust growth predictions worldwide
The hemp food, health and beauty sectors are expanding all over the world, from Europe and North America to India and China.
The demand for hemp in Europe is currently double the supply on the continent — including the demand for the seeds critical to the food, health & beauty sectors — resulting in an inefficient value chain requiring imports from Canada and China, and reflecting enticing investment opportunities in an industry that has already developed a basic regional infrastructure.
As HempToday.net has reported on Europe: “With legacy hemp firms busier and busier at the trading level, more and more creative, smaller companies are developing niche hemp products, and doing the marketing. Still, imports of hemp seed to the EU from third-party countries remain higher than domestic production, indicating clear room for growth among EU hemp players.”
In the USA alone, where a hemp consumer market is already primed, combined sales in the sectors accounted for nearly half of the $688 million in hemp product sales in 2016. Some predictions indicate triple digit growth in the global hemp food markets in the years going forward.
Meanwhile more and more states are getting ready for the full opening of the USA market for hemp agriculture, processing and consumer sales — indicating a need for massive investment.
Hemp: Super Food
Hemp is one of the oldest, most hearty and versatile plants on earth. It has been an important source of fibres, food and medicine throughout history. The industrial cannabis strain, known as hemp, produces fibre, oil and seeds.
The main market sections for hemp foods are the so called “super foods,” “nutritious foods” and “bio foods.” Double digit growth in the sector is expected in the coming years as consumers turn to more healthy, “eco” oriented food products.
Growing industrial hemp and the development of regionalized hemp processing and manufacturing facilities hold great potential to create thriving local economies, and to build industries that are more in harmony with nature by reducing our carbon footprint.
Health & Beauty Boom
The hemp health & beauty sector is a sweet spot for small, entrepreneurial firms as the cost of entry need not be great, and the process of development can be simple. Innovative, unique, artisan-crafted products are finding markets both locally and internationally.
The personal care product sector is approaching $200 million in the USA alone, with both finished products and raw goods being imported mainly from Canada. With broader consumer awareness of hemp-based cosmetics and skin applications, sales are on the rise and hemp-based personal care products are expected to grow in volume in many parts of the world. Wholesalers and private label companies are engaging in global trade as such products show up more and more in the mainstream around the world.