Press release
Hemp-Based Foods Market Booms To 2031 | Nutiva Inc., Canopy Growth, India Hemp and Co., Naturally Splendid Enterprises LTD
The Global Hemp-based Foods Market reached USD 3.2 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 6.4 billion by 2030. The market is growing at a CAGR of 9.2% during the forecast period 2024-2031.The Hemp-based Foods Market Report by DataM Intelligence delivers comprehensive insights into key market trends, growth drivers, and emerging challenges. With a focus on providing actionable intelligence, DataM Intelligence enables businesses to make informed strategic decisions and maintain a competitive edge. Leveraging both qualitative and quantitative research methodologies, the report offers in-depth analysis to help clients navigate complex market dynamics, identify new opportunities, and accelerate growth in today's rapidly evolving global landscape.
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Hemp-based foods are nutritional products made from hemp seeds, oil, or protein, offering high levels of omega-3, fiber, and plant-based protein. They are gaining popularity for their health benefits, sustainability, and suitability in vegan and gluten-free diets.
List of the Market 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
Research Methodology:
The global Hemp-based Foods Market research report utilizes both primary and secondary data sources to provide a well-rounded analysis. Throughout the research process, various influential factors are assessed including regulatory frameworks, current market dynamics, historical trends, competitive landscape, technological progress, upcoming innovations, and related industry developments. The report also considers market volatility, growth prospects, potential barriers, and emerging challenges to offer a comprehensive view of the market environment.
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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 for Hemp-based Foods Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➤ What are the global sales, production, consumption, import, and export figures for the Hemp-based Foods market?
➤ Who are the key players, and how do they perform in terms of capacity, output, pricing, and revenue?
➤ What major opportunities and challenges exist for vendors in this market?
➤ Which product types and end-user segments show the most growth potential and market share?
➤ What are the main growth drivers and restraints in the Hemp-based Foods market?
➤ What sales, marketing, and distribution channels are commonly used?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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