Hemp: An Alternative Source for Various Industries and an Emerging Tool for Functional Food and Pharmaceutical Sectors

Hemp is a high-value crop that originated in Central Asia and is a historic but emerging cultivated plant. It may be grown for fiber, food, paper making, textiles, and therapeutic reasons. In the 21st century, market interest in hemp and its products has notably increased because seed portions can be utilized in the agri-food business, the woody component of the stem can be used in green buildings, the outer layer of the stems can be used in the textile industry, and the extraction of bioactive components from roots can play a vital role in the pharmacological industries. Hemp has recently been demonstrated to be a viable alternative for economies built on synthetic materials by the food, pharmaceutical, textiles, paper, building, and energy industries, among others. As a result, the goal of this study is to assemble the significant advancements in hemp, as well as to identify research gaps and research direction opportunities. The hemp plant will be provided more encouragement to be grown and be used. Many applications of hemp may be pushed to the next level for both producing a green environment and profit. A strong vision and a well-defined plan will pave the path for the discovery of new technologies and concepts.