Press release
Hemp-based Foods Industry is Expected to Reach USD 6.4 Billion by 2031 - Compass Diversified, Nutiva Inc., Canopy Growth, India Hemp and Co.
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The Hemp-based Foods market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Hemp seeds and hemp protein powder are valued as plant-based protein sources because they contain all essential amino acids. Hemp-based protein products are gaining popularity as consumers increasingly seek protein-rich alternatives to animal-derived sources.
Forecast Growth Projected:
The Global Hemp-based Foods Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2030. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Hemp-based Foods Market: Compass Diversified, Nutiva Inc., Canopy Growth, India Hemp and Co., Naturally Splendid Enterprises LTD., Mettrum Originals, Hemp Foods Australia, The Cool Hemp Company Inc., and Agroprpo.
Segment Covered in the Hemp-based Foods Market:
By Product: Hemp Seed Oil, Hemp Protein Powder, Whole Hemp Seed, Hulled Hemp Seed, Others.
By Distribution Channel: Hypermarket/Supermarket, Convenience Stores, Online Retails, Others.
Regional Analysis:
The global Hemp-based Foods Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Hemp-based Foods Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Hemp-based Foods Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Hemp-based Foods manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Hemp-based Foods in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQs
How big is the Hemp-based Foods Market?
The Hemp-based Foods Market size was USD 3.2 billion in 2023. It is expected to reach USD 6.4 billion by 2031.
How fast is the Hemp-based Foods Market growing?
The Hemp-based Foods Market will exhibit a CAGR of 9.2% during the forecast period, 2024-2031.
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