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Hemp Seed Protein Market Size-Share 2021, Analysis by Manufacturers, Competitive Landscape, Future Growth, Strategy and Forecast to 2027

12-07-2021 06:13 AM CET | Health & Medicine

Press release from: Market Insights Reports

The Hemp Seed Protein Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Hemp Seed Protein Market Size is Projected to Reach at a CAGR of 15% during 2021-2027.

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Market Overview

Hemp has many special characteristics that make it different in the plant industry. One of them is, Its DNA structure is closely aligned with human DNA  and hence, as a food source, it nourishes the body in a perfect proportion.
Hemp is naturally gluten-free, non-GMO, free of trypsin inhibitors, and virtually free of any form of residual chemicals. Hemp protein is highly nutritious and easily digested.
Hemp protein is the industrial by-product of hemp seeds.
The hemp protein in powdered form is having high demand as compared to the liquid form due to increased shelf life, convenience, and other associated factors.

Top Leading Companies:

Hemp Oil Canada, Navitas Organics, NOW Foods, North American Hemp & Grain, Manitoba Harvest, GFR Ingredients, Z-Company

Recent Development:

Manitoba Harvest has acquired 1 company of its own. Manitoba Harvest’s largest acquisition to date was in 2015 when it acquired Hemp Oil Canada for $32M. The Company’s most targeted sectors include food (100%). Fresh Hemp Foods Ltd. (Manitoba Harvest) is a provider of food products. Manitoba Harvest’s 100% all-natural product lineup includes hemp hearts, hemp protein powder, and hemp snacks and is currently carried in about 16,000 retail locations across the U.S. and Canada.
Navitas Semiconductor ("the Company" or "Navitas"), the industry-leader in GaN power integrated circuits ("ICs"), and its partner Live Oak Acquisition Corp. II ("Live Oak II") (NYSE: LOKB), a publicly-traded special-purpose acquisition company, provided certain updates related to their proposed business combination, which values the combined entity at a pro forma equity value of $1.04 billion.

Hemp Seed Protein Market Segmentation by Type:

Powdered Form
Liquid Form

Hemp Seed Protein Market Segmentation by Application:

Food & Beverages
Pharmaceutical
Cosmetics
Others

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North America Emerges as Major Market

The United States is the leading market for hemp protein in the North American region. The major advancement for the 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, federal government permission is still a mandatory requirement. Since hemp is also from the same species of plant, Sativa, as marijuana, its production in the United States is restricted. The ease of regulations will provide further impetus to the overall hemp protein market in the United States. JD Farms is one of the major and the first legal hemp farm in New York. The global hemp protein market is a fragmented market with the presence of various players. Leading manufacturers in the hemp protein market focus to leverage opportunities posed by emerging economies like India and China to expand their revenue base. Companies are increasingly incorporating hemp protein in their products like nutrition bars, tortilla chips, pretzels, and beer.

Regional Hemp Seed Protein Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Hemp Seed Protein Market Report:

Detailed overview of Hemp Seed Protein Market
Changing the Hemp Seed Protein market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Hemp Seed Protein market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Hemp Seed Protein Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Hemp Seed Protein Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Hemp Seed Protein industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Offer Customization on Report Based on Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

– Free 40 analyst hours to cover any other data point.

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Market intelligence data is a global front-runner in the research industry, offering customers contextual and data-driven research services. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

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Irfan Tamboli (Head of Sales) – Market Intelligence information

Phone: + 1704 266 3234 | 750-707-8687

Email: sales@marketintelligencedata.com

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