Hemp Seeds Market Size to Hit US$ 1,759 Million by 2028, at a Growth Rate of 11.1%

IMARC Group, a leading market research company, has recently released a report titled "𝐇𝐞𝐦𝐩 𝐒𝐞𝐞𝐝𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖." The study provides a detailed analysis of the industry, including the global hemp seeds market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Hemp Seeds Market?

The global hemp seeds market size reached US$ 935 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,759 Million by 2028, exhibiting a growth rate (CAGR) of 11.1% during 2023-2028.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/hemp-seeds-market/requestsample

What are Hemp Seeds?

Hemp seeds, also known as hemp hearts, are the seeds of the hemp plant. While from the same species as marijuana, hemp seeds have negligible content, the compound that causes psychoactive effects, making them safe for consumption. Hemp seeds are small, brown seeds with a mild, nutty flavour and soft texture. They are a rich source of plant-based protein and contain all nine essential amino acids. These seeds are packed with healthy fats, particularly omega-3 and omega-6 fatty acids and are high in fibre. One of the key features of hemp seeds is their nutritional profile. They offer a balanced 3:1 ratio of omega-6 to omega-3 fatty acids, beneficial for heart health. Hemp seeds are also a great source of Vitamin E and minerals like phosphorus, potassium, sodium, magnesium, sulphur, calcium, iron, and zinc. Hemp seeds find wide application in various industries. In the food and beverage industry, they are used in a variety of products like hemp seed oil, protein powder, flour, and milk. The cosmetics industry uses hemp seed oil for its moisturizing and healing properties. The pharmaceutical industry leverages its nutritional profile for various health benefits, while the animal feed industry uses it for the high nutrient content. Hemp seeds are also utilized in the textile industry to produce sustainable fabrics.

What are the Growth Prospects and Trends in the Hemp Seeds Industry?

The rising consumer awareness about the health benefits of hemp seeds is driving market growth. In addition to this, the growing popularity of vegan and plant-based diets is boosting demand for hemp seeds. Moreover, the increasing use of hemp seed oil in the cosmetic industry is propelling the market. Government regulations legalizing the cultivation of industrial hemp are stimulating the market. The trend of superfoods and natural ingredients in the food and beverage industry is fueling market growth. The rise in gluten-free and non-dairy products, like hemp seed milk and flour, is escalating demand. The growing consumer interest in sustainable and eco-friendly products is promoting the hemp seeds market. The extensive research and development activities on hemp seed applications are propelling the market growth.

The demand for hemp seeds in the textile industry for sustainable fabric production is driving the market growth. The trend towards organic farming and clean label products is fueling the market growth. The trend of fortifying foods with high-protein ingredients is boosting the hemp seed market. The increasing prevalence of lifestyle diseases and the focus on preventive healthcare are driving market growth. The rise in product innovation and the introduction of new hemp seed-based products are stimulating the market growth. The shift towards the consumption of food products with high fibre content is promoting the hemp seed market. Other factors such as the trend towards non-GMO and allergen-free products, increasing use of hemp seeds in animal feed and the rise of e-commerce platforms are stimulating the market growth across the globe.

𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=3222&method=265

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Who are the Key Players Operating in the Hemp Seeds Market?

The competitive landscape of the industry has also been examined with some of the key players.

• BAFA Neu GmbH
• Canah International Srl
• Deep Nature Project GmbH
• GFR Ingredients Inc.
• Green Source Organics Inc.
• Hempco Food and Fibre Inc.
• HempFlax Group B.V.
• Liaoning Qiaopai Biotech Co. Ltd.
• Manitoba Harvest Hemp Foods (Tilray Inc)
• Naturally Splendid Enterprises Ltd.
• Navitas LLC
• North American Hemp & Grain Ltd.
• Yunnan Hua Fang Industrial Hemp Co. Ltd.

What is Included in Market Segmentation?

The report has segmented the global mobile payment market based on source, form, packaging, application and distribution channel.

Breakup by Source:
• Conventional
• Organic

Analysed by Form:
• Whole Hemp Seed
• Hulled Hemp Seed
• Hemp Seed Oil
• Hemp Protein Powder
• Others

Based on Packaging:
• Pouches
• Jars
• Tins
• Others

Market by Application:
• Food & Beverages
• Nutritional Supplements
• Pharmaceuticals
• Cosmetics
• Others

On Basis of Distribution Channel:
• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Stores
• Others

Regional Analysis:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/hemp-seeds-market

Key Highlights of The Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Contact Us:

Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
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Country: United States
Website: https://www.imarcgroup.com

About Us:

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.

This release was published on openPR.