Press release
North America Hemp Market Research Report 2021: Size, Share, Trends, Industry Growth and Forecast 2026
North America Hemp Market Report
Report Metric
Historical: 2015-2020
Base Year: 2020
Forecast Year: 2021-2026
Download free sample of the report: https://www.imarcgroup.com/north-america-hemp-market/requestsample
North America Hemp Market Industry Definition and Application:
The Sativa plant produces hemp, a little, brown oilseed. It is abundant in protein, fibre, minerals, good fats, and antioxidants. It is frequently used to relieve chronic pain, improve immunity, increase metabolism, and raise mood. As a result, it is used in the manufacturing of medications, dietary supplements, cosmetics, and food and drinks throughout North America.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
North America Hemp Market Trends and Drivers:
The prevalence of cancer is currently significantly increasing in the North American region. This is accelerating the demand for hemp-based products together with people's growing understanding of the nutritional advantages of hemp. These goods help cancer patients who have experienced nausea, exhaustion, and persistent discomfort due to chemotherapy. In addition, there has been a noticeable increase in demand for plant-based substitutes like hemp-based vegan meat and hemp milk across the region as a result of the expanding vegan cuisine trends. The launch of ready-to-eat (RTE) product varieties, such as hemp-based cereals, smoothies, bars, and yoghurt, has further impacted the industry.
Browse full report with TOC: https://www.imarcgroup.com/north-america-hemp-market
North America Hemp Market Segmentation:
The report has segmented the market on the basis on country, product type, application, source.
Breakup by Product Type:
Hemp Seed
Hemp Seed Oil
Others
Breakup by Application:
Food
Snacks and Cereals
Soup, sauces, and seasonings
Bakery
Dairy and frozen desserts
Others (cold cereals, pasta, chocolate spreads, pet food)
Beverages
Hot Beverages
Sports and Energy Drinks
Ready-to-Drink
Others (Meal Replacement Drinks, Beverage Mixes, Beverage Concentrates, Juice Drinks)
Textiles
Pharmaceuticals
Personal Care Products
Others (Paper, Automobiles, Construction and Materials, Furniture, etc.)
Breakup by Source:
Organic
Conventional
Breakup by Country:
United States
Canada
Who are the Major North America Hemp Key players?
BaFa Neu GmbH(Planete Chanvre), Dun Agro Hemp Group, Ecofibre, Gencanna, Hemp Inc., Hemp Oil Canada, Hempflax BV(Hempflax Group BV), Konoplex Group, Marijuana Company of America Inc. and U.S. HempCo.
Related Report by IMARC Group:
United States Frozen Meat Market Report: https://www.imarcgroup.com/united-states-frozen-meat-market
Japan Functional Drinks Market Report: https://www.imarcgroup.com/japan-functional-drinks-market
Indonesia Edible Oil Market Report: https://www.imarcgroup.com/indonesia-edible-oil-market
Colombia Hemp Market Report: https://www.imarcgroup.com/colombia-hemp-market
India Sports Nutrition Market Report: https://www.imarcgroup.com/india-sports-nutrition-market
GCC Sports Nutrition Market Report: https://www.imarcgroup.com/gcc-sports-nutrition-market
GCC Halal Food Market Report: https://www.imarcgroup.com/gcc-halal-food-market
Scandinavia Organic Packaged Food and Beverages Market Report: https://www.imarcgroup.com/scandinavia-organic-packaged-food-beverages-market
IMARC Group
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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