Press release
Hemp Protein Market Size, Status, Demand and Global Outlook 2021- Hemp Oil Canada Inc, Navitas LLC, North American Hemp & Grain Co. Ltd, Aurora Cannabis
The report presents an in-depth assessment of the Global Hemp Protein including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Hemp Protein investments from 2019 till 2024.Click the link to get a free Sample Copy of the Report:
https://www.marketinsightsreports.com/reports/01091744499/global-hemp-protein-market-growth-trends-and-forecasts-2020-2025/inquiry?Mode=21
Hemp Protein Market is projected to grow at a CAGR of 15.2% during the forecasted period 2019-2024.
Top Leading Manufactures-
Hemp Oil Canada Inc, Navitas LLC, North American Hemp & Grain Co. Ltd, Aurora Cannabis (Hempco Food and Fiber Inc.), Fresh Hemp Foods Ltd. (Manitoba Harvest Hemp Foods), Naturally Splendid Enterprises Ltd., GFR Ingredients Ltd., Green Source Organics
Key Market Trends
Increased Demand For High Quality, Plant based and Safe Protein source
Animal based proteins has been undergoing various controversies during the past years, regarding the carcinogenicity regarding the red meat and the antibiotic residues found in meat. The emerging trend of veganism has also helped in rising the revenue of the market. In addition minimally processed and chemical-free consumption patterns has also opened an oppprtunity for the market. Studies has also shown that consuming plant based protein can help in reducing the risk of diseases such as cardiovascular diseases and cancer. Moreover it has various other benefits such as immune-system booster, weight suppressant, and its ability to lower blood pressure and cholesterol. Additionally hemp protein has the highest percentage of protein as total weight, thus it can be considered as a suitable substitute for animal protein.
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North America Is A Major Market For Hemp Protein
The United States is leading market for hemp protein in the North American region. The major advancement for hemp industry in the United States came in 2014 with the passage of the US Farm Bill that allowed states to conduct hemp pilot programs. However the federal government permission is still the mandatory requirement. Since hemp is also from the same species of plant, Cannabis sativa, as marijuana, its production in the United States is restricted. The ease of regulations will provide further impetus to overall hemp protein market in the United States. JD Farms is one of the major and the first legal hemp farm in New York.
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Global Hemp Protein Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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