Press release
Hemp-based Food Market size is expected to reach nearly US$ 8.09 Bn by 2029 with the CAGR of 6.9% during the forecast period.
Hemp-based Food Market
The analysis is based on a robust research methodology, combining qualitative and quantitative data to offer a thorough understanding of market dynamics and trends. To gain insights, request a complimentary sample report.
The research methodology employed in this report ensures accuracy and reliability. Industry-standard analytical tools like PEST analysis, PORTER's analysis, and SWOT analysis have been utilized to answer pertinent questions and guide stakeholders in shaping future efforts and investments in the evolving Hemp-based Food market segment.
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What are Hemp-based Food Market Dynamics?
The growth of the global Hemp-based Food Market is primarily driven by the increasing demand for organic and healthy food products. As individuals become more health-conscious, the popularity of hemp-based foods, known for their vitamins, minerals, and fiber content, is on the rise. The shift towards gluten-free and vegan diets, coupled with the health benefits of hemp-based foods, is propelling market growth.
Restraints: Despite the positive outlook, the relatively high price of hemp-based food products stands as a notable restraint to the market's growth.
What is Hemp-based Food Market Regional Insight?
• North America: Leading the charge, the North American region captured the largest revenue share of the global market in 2018. This can be attributed to heightened health awareness, a preference for organic foods, and strong consumption of hemp-based products in countries like the US and Canada.
• Asia Pacific: The Asia Pacific region is expected to witness substantial growth, fueled by the increasing preference for hemp-based foods due to their gluten-free properties and the adoption of Western food habits in countries like China, India, and others.
• Europe: Similar to the Asia Pacific, Europe is also experiencing a surge in the popularity of hemp-based foods, with countries like Germany, UK, Italy, and France showing a growing interest in these products.
• Middle East & Africa and Latin America: Even regions like the Middle East & Africa and Latin America are witnessing increased popularity of hemp-based food products, driven by factors such as diverse product offerings and growing awareness among consumers.
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What is Hemp-based Food Market Segmentation?
by Product Type
• Hemp Seed Oil
• Hemp Protein Powder
• Whole Hemp Seed
• Hulled Hemp Seed
• Others
The primary driver of revenue growth for the hemp seed-based foods segments in the global hemp-based food market is an increase in consumption of hemp seed-based food products around the world as a result of numerous benefits associated with it, such as easy digestion, presence of high levels of essential fatty acids, proteins, and other.
by Sales Channel
• Supermarket Stores
• Convenience Stores
• Hypermarket Stores
• Others
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Who are Hemp-based Food Market Key Players?
• Manitoba Harvest
• Hemp Oil Canada
• Braham Murray
• Jinzhou Qiaopai Biotech
• Canah International
• GIGO Food
• Just Hemp Foods
• North American Hemp Grain Co.
• Yunnan Industrial Hemp
• Nutiva
• Hempco
• Agropro
• GFR Ingredients Inc.
• Naturally Splendid
• Navitas Organics
• Yishutang
• Hemp Foods Australia
• Elixinol
• Canada Hemp Foods
• Mettrum Originals
• The Hemp Corporation Pty Ltd.
• Fresh Hemp Foods Ltd
• Laguna Blends Inc.
• Compass Diversified Holdings LLC
• Naturally Hemp, LLC
• Vitahemp Pty Ltd
• Canopy Growth Corporation
• HempAmericana, Inc.
Table of content for the Hemp-based Food Market includes:
1. Global Hemp-based Food Market: Research Methodology
1. Global Hemp-based Food Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Hemp-based Food Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Hemp-based Food Market Segmentation
• Global Market, by Product Type (2022-2029)
• Global Market, by Sales Channel (2022-2029)
5. Regional Hemp-based Food Market(2021-2029)
• Regional Market, by Product Type (2022-2029)
• Regional Market, by Sales Channel (2022-2029)
• Regional Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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