Press release
Hemp-based Food Market Set to Reach $8.09 Billion by 2029
Hemp-based Food Market
๐๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐๐๐๐๐-19
The COVID-19 pandemic has had varying impacts on the sales revenue of market leaders, followers, and disruptors. The report provides a detailed analysis of these impacts, helping stakeholders understand both short-term and long-term market dynamics.
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ซ๐ ๐๐ง๐ข๐ ๐๐๐ฆ๐ฉ-๐๐๐ฌ๐๐ ๐ ๐จ๐จ๐๐ฌ
The global food sector's expansion and the rising preference for organic hemp-based products are significant drivers of market growth. Health awareness, particularly regarding conditions like celiac disease, has led to an increased demand for gluten-free diets. Additionally, the growing vegan population, advocating for animal rights and eco-friendly lifestyles, further propels the market for hemp-based foods.
Hemp oil-based, seed-based, and protein-based foods are increasingly popular due to their nutritional benefits. Major hemp-based food producers are leveraging various media channels, including social media, to promote their products, enhancing market growth.
๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ
Despite the promising growth, the high cost of hemp-based food products poses a significant challenge to market expansion.
๐๐๐ฆ๐ฉ-๐๐๐ฌ๐๐ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐:
he global Hemp-based Food Market is projected to soar to nearly $8.09 billion by 2029, with a compound annual growth rate (CAGR) of 6.9% over the forecast period. This remarkable growth is driven by the increasing demand for organic, easily digestible, and health-promoting food products.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ ๐ข๐ฅ๐ฅ๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ก๐๐ซ๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/73209/
๐๐๐ฆ๐ฉ-๐๐๐ฌ๐๐ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Hemp-based food products have gained global popularity due to their rich nutrient profile, including essential vitamins, minerals, and fiber. Varieties such as hemp oil-based foods, hemp protein-based foods, and hemp seed-based foods are widely available and highly preferred for their ease of digestion and absence of common allergens like gluten, lactose, and pesticides.
๐๐๐ฆ๐ฉ-๐๐๐ฌ๐๐ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
โข Hemp Seed Oil
โข Hemp Protein Powder
โข Whole Hemp Seed
โข Hulled Hemp Seed
โข Others
According to the product type segment, the main driver of revenue growth for the hemp seed-based food segments in the global hemp-based food market is the rising consumption of hemp seed-based food products due to their many benefits, which include easy digestion, high levels of essential fatty acids, proteins, and other nutrients.
๐๐ฒ ๐๐๐ฅ๐๐ฌ ๐๐ก๐๐ง๐ง๐๐ฅ
โข Supermarket Stores
โข Convenience Stores
โข Hypermarket Stores
โข Others
๐๐๐ฆ๐ฉ-๐๐๐ฌ๐๐ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The Hemp-based Food market study offers in-depth insights on key factors that are anticipated to propel market growth and potential obstacles that could impede it in the future. In addition to investment opportunities in the Hemp-based Food sector, the report offers a comprehensive evaluation of the competitive environment and the range of products offered by leading companies. The study has also examined the qualitative and quantitative features of the industry.
The research offers a thorough description of the primary sections with various sub-categories. Data from both original and additional sources were gathered for the Hemp-based Food Market. Primary research sources include press releases, annual reports, government websites, and insights from various industry professionals, analysts, experts, and researchers across different companies. Other sources of information are the economic, social, political, and market conditions. Combining these two data sources produces a report that highlights the necessary steps to improve growth. A SWOT analysis was conducted to determine the strengths and weaknesses of the Hemp-based Food market, and a PESTLE analysis was utilized to evaluate how micro-economic factors that affected the Hemp-based Food market.
๐๐๐๐๐ข๐ฏ๐ ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐ข๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/request-sample/73209/
๐๐๐ฆ๐ฉ-๐๐๐ฌ๐๐ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ??
North America dominated the hemp-based food market in 2018, driven by high health consciousness, a preference for organic food products, and significant consumption of hemp-based foods like pretzels, granola bars, and cereals in the US and Canada.
The Asia Pacific region is expected to witness substantial growth, followed by Europe, due to a rising preference for gluten-free hemp-based foods and the adoption of Western food habits in countries like China, India, Germany, the UK, Italy, and France. The market is also growing in Latin America and the Middle East & Africa, with increasing popularity in countries such as Mexico, Israel, Brazil, and South Africa.
๐๐๐ฆ๐ฉ-๐๐๐ฌ๐๐ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โข Manitoba Harvest
โข Hemp Oil Canada
โข Braham Murray
โข Jinzhou Qiaopai Biotech
โข Canah International
โข GIGO Food
โข Just Hemp Foods
โข North American Hemp Grain Co.
โข Yunnan Industrial Hemp
โข Nutiva
โข Hempco
โข Agropro
โข GFR Ingredients Inc.
โข Naturally Splendid
โข Navitas Organics
โข Yishutang
โข Hemp Foods Australia
โข Elixinol
โข Canada Hemp Foods
โข Mettrum Originals
โข The Hemp Corporation Pty Ltd.
โข Fresh Hemp Foods Ltd
โข Laguna Blends Inc.
โข Compass Diversified Holdings LLC
โข Naturally Hemp, LLC
โข Vitahemp Pty Ltd
โข Canopy Growth Corporation
โข HempAmericana, Inc.
๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The objective of the report is to provide a thorough analysis of the Global Hemp-based Food Market for all industry stakeholders. It presents the past and current industry status, along with forecasted market size and trends, using clear and accessible language. The report covers all industry aspects, including key players, market leaders, followers, and new entrants. It employs PORTER, SVOR, and PESTEL analyses to assess the potential impacts of various micro-economic factors on the market.
๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
The report offers insights into market dynamics and structure by analyzing market segments and projecting the Global Hemp-based Food Market size. It also includes a clear competitive analysis of key players based on type, price, financial position, product portfolio, growth strategies, and regional presence, making it an essential guide for investors.
๐๐๐ค๐ ๐ ๐๐จ๐จ๐ค ๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/market-report/global-hemp-based-food-market/73209/
๐๐๐ฆ๐ฉ-๐๐๐ฌ๐๐ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ:
Introduction: An overview of the Hemp-based Food Market.
Report Objectives: The aims and constraints of the Hemp-based Food Market report.
Market Overview: An in-depth look at the Hemp-based Food Market environment.
Market Evaluation: A present assessment of the Hemp-based Food Market's size.
Type Segmentation: A classification of the Hemp-based Food Market by types.
Competitive Analysis: A study of the competitive forces within the market.
Customer Insights: Information on the demographics and behaviors of customers.
Regional Analysis: An evaluation of the market in various regions.
Decision Tools: Frameworks and criteria for making informed market decisions.
Growth Factors and Challenges: Elements that drive growth and present obstacles.
Market Dynamics: Current trends impacting the Hemp-based Food Market.
Vendor Overview: A summary of key vendors in the Hemp-based Food Market.
Vendor Examination: A thorough analysis of significant vendors.
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฆ๐ฉ-๐๐๐ฌ๐๐ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Hemp-based Food?
What will be the CAGR at which the Hemp-based Food market will grow?
What is the growth rate of the Hemp-based Food Market?
Which are the factors expected to drive the Hemp-based Food market growth?
What are the different segments of the Hemp-based Food Market?
What growth strategies are the players considering to increase their presence in Hemp-based Food?
What are the upcoming industry applications and trends for the Hemp-based Food Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Hemp-based Food Market?
Who are the leading companies and what are their portfolios in Hemp-based Food Market?
What segments are covered in the Hemp-based Food Market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
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
Recommendations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐จ๐ฎ๐ซ ๐ญ๐จ๐ฉ-๐ฉ๐๐ซ๐๐จ๐ซ๐ฆ๐ข๐ง๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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