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. The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report and the same is reflected in our analysis.Hemp-based Food Market Overview:
Hemp-based food products are very common globally because hemp is a good source of vitamins, minerals, and fiber-containing vitamin E, magnesium, iron, and zinc. Hemp oil-based foods, hemp protein-based foods, and hemp seed-based foods are different varieties of hemp base foods which is easily available in the market. Moreover, the hemp-based food products are most preferable among individuals because it is easy to digest and free from allergens, gluten, lactose, hereditarily modified organisms, pesticides, and phytoestrogen.To know about the Research Methodology :- Request Free Sample Report
Hemp-based Food Market Dynamics:
The growing food sector and the demand for organic hemp-based food products among individuals globally are the key factors expected to drive the growth of the global hemp-based food market in the future. Also, health awareness among individuals, for instance rising cases of celiac disease in countries, like America has led to increasing gluten-free diets. The increasing vegan populations across the globe, whereas the vegan lifestyle strongly promotes animal rights and eco-friendly lifestyles choosing to ensue in the growing demand for hemp-based food in developed and developing countries. These are additional factors expected to fuel the growth of the hemp-based food market. The consumption of hemp oil-based foods & hemp seed-based foods, protein-based foods is demanding across the globe, and growing awareness about several benefits of hemp-based food, for example, the good source of vitamins, fiber, mineral, and easy to digest. Additionally, increasing hemp-based food products quality, variety, improvement, and rising number of promotional activities through several media channels including radio, newspaper, social media, and others by major hemp-based food producers. These are other factors expected to thrive the growth of the hemp-based food market in the future. Nevertheless, the high price related to hemp-based food products is the main factor expected to control the growth of the global hemp-based food market.Hemp-based Food Market Segment Analysis
By product type segment, an increasing consumption of hemp seed-based food product across the globe, because of numerous benefits related to it, for example, easy digestion, presence of high levels of necessary fatty acids, proteins, and other is the key factor motivating revenue growth of the hemp seed-based foods segments in the global hemp-based food market.Hemp-based Food Market Regional Insights
Region-wise, the North America hemp-based food market held the largest revenue share of the global market in 2018. This is mainly because of high health concerns among individuals, the high inclination for organic food products, and high consumption of hemp-based food products containing pretzels, granola bars, cereals, and others in the countries, like the US and Canada in the North America region. The market in the Asia Pacific is expected to observe growth in the global market followed by the market in Europe, thanks to a rising preference towards the hemp-based foods because of gluten-free, and other properties associated with it and high adoption of western food habits in the countries, such as China, India, Germany, UK, Italy, and France in these regions. Also, the high popularity of a variation of hemp-based food products among individuals in countries, like Mexico, Israel, Brazil, and South Africa in the Middle East & Africa and Latin America regions. The objective of the report is to present a comprehensive analysis of the Global Hemp-based Food Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Hemp-based Food Market dynamics, structure by analyzing the market segments and project the Global Hemp-based Food Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Hemp-based Food Market make the report investor’s guide.Hemp-based Food Market Scope: Inquire before buying
Hemp-based Food Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 5.07 Bn Forecast Period 2023 to 2029 CAGR: 6.9% Market Size in 2029: US $ 8.09 Bn Segments Covered: by Product Type • Hemp Seed Oil • Hemp Protein Powder • Whole Hemp Seed • Hulled Hemp Seed • Others by Sales Channel • Supermarket Stores • Convenience Stores • Hypermarket Stores • Others Hemp-based Food Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Hemp-based Food Market Key Players are:
• 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. Frequently Asked Questions: 1. Which region has the largest share in Global Hemp-based Food Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Hemp-based Food Market? Ans: The Global Hemp-based Food Market is growing at a CAGR of 6.9% during forecasting period 2023-2029. 3. What is scope of the Global Hemp-based Food Market report? Ans: Global Hemp-based Food Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Hemp-based Food Market? Ans: The important key players in the Global Hemp-based Food Market are – 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, and Inc.. 5. What is the study period of this Market? Ans: The Global Hemp-based Food Market is studied from 2022 to 2029.
1. Hemp-based Food Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Hemp-based Food Market: Dynamics 2.1. Hemp-based Food Market Trends by Region 2.1.1. North America Hemp-based Food Market Trends 2.1.2. Europe Hemp-based Food Market Trends 2.1.3. Asia Pacific Hemp-based Food Market Trends 2.1.4. Middle East and Africa Hemp-based Food Market Trends 2.1.5. South America Hemp-based Food Market Trends 2.2. Hemp-based Food Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Hemp-based Food Market Drivers 2.2.1.2. North America Hemp-based Food Market Restraints 2.2.1.3. North America Hemp-based Food Market Opportunities 2.2.1.4. North America Hemp-based Food Market Challenges 2.2.2. Europe 2.2.2.1. Europe Hemp-based Food Market Drivers 2.2.2.2. Europe Hemp-based Food Market Restraints 2.2.2.3. Europe Hemp-based Food Market Opportunities 2.2.2.4. Europe Hemp-based Food Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Hemp-based Food Market Drivers 2.2.3.2. Asia Pacific Hemp-based Food Market Restraints 2.2.3.3. Asia Pacific Hemp-based Food Market Opportunities 2.2.3.4. Asia Pacific Hemp-based Food Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Hemp-based Food Market Drivers 2.2.4.2. Middle East and Africa Hemp-based Food Market Restraints 2.2.4.3. Middle East and Africa Hemp-based Food Market Opportunities 2.2.4.4. Middle East and Africa Hemp-based Food Market Challenges 2.2.5. South America 2.2.5.1. South America Hemp-based Food Market Drivers 2.2.5.2. South America Hemp-based Food Market Restraints 2.2.5.3. South America Hemp-based Food Market Opportunities 2.2.5.4. South America Hemp-based Food Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Hemp-based Food Industry 2.8. Analysis of Government Schemes and Initiatives For Hemp-based Food Industry 2.9. Hemp-based Food Market Trade Analysis 2.10. The Global Pandemic Impact on Hemp-based Food Market 3. Hemp-based Food Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 3.1.1. Hemp Seed Oil 3.1.2. Hemp Protein Powder 3.1.3. Whole Hemp Seed 3.1.4. Hulled Hemp Seed 3.1.5. Others 3.2. Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 3.2.1. Supermarket Stores 3.2.2. Convenience Stores 3.2.3. Hypermarket Stores 3.2.4. Others 3.3. Hemp-based Food Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Hemp-based Food Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 4.1.1. Hemp Seed Oil 4.1.2. Hemp Protein Powder 4.1.3. Whole Hemp Seed 4.1.4. Hulled Hemp Seed 4.1.5. Others 4.2. North America Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 4.2.1. Supermarket Stores 4.2.2. Convenience Stores 4.2.3. Hypermarket Stores 4.2.4. Others 4.3. North America Hemp-based Food Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 4.3.1.1.1. Hemp Seed Oil 4.3.1.1.2. Hemp Protein Powder 4.3.1.1.3. Whole Hemp Seed 4.3.1.1.4. Hulled Hemp Seed 4.3.1.1.5. Others 4.3.1.2. United States Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 4.3.1.2.1. Supermarket Stores 4.3.1.2.2. Convenience Stores 4.3.1.2.3. Hypermarket Stores 4.3.1.2.4. Others 4.3.2. Canada 4.3.2.1. Canada Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 4.3.2.1.1. Hemp Seed Oil 4.3.2.1.2. Hemp Protein Powder 4.3.2.1.3. Whole Hemp Seed 4.3.2.1.4. Hulled Hemp Seed 4.3.2.1.5. Others 4.3.2.2. Canada Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 4.3.2.2.1. Supermarket Stores 4.3.2.2.2. Convenience Stores 4.3.2.2.3. Hypermarket Stores 4.3.2.2.4. Others 4.3.3. Mexico 4.3.3.1. Mexico Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 4.3.3.1.1. Hemp Seed Oil 4.3.3.1.2. Hemp Protein Powder 4.3.3.1.3. Whole Hemp Seed 4.3.3.1.4. Hulled Hemp Seed 4.3.3.1.5. Others 4.3.3.2. Mexico Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 4.3.3.2.1. Supermarket Stores 4.3.3.2.2. Convenience Stores 4.3.3.2.3. Hypermarket Stores 4.3.3.2.4. Others 5. Europe Hemp-based Food Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 5.2. Europe Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 5.3. Europe Hemp-based Food Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 5.3.1.2. United Kingdom Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 5.3.2. France 5.3.2.1. France Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 5.3.2.2. France Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 5.3.3.2. Germany Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 5.3.4.2. Italy Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 5.3.5.2. Spain Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 5.3.6.2. Sweden Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 5.3.7.2. Austria Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 5.3.8.2. Rest of Europe Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 6. Asia Pacific Hemp-based Food Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 6.2. Asia Pacific Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 6.3. Asia Pacific Hemp-based Food Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 6.3.1.2. China Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 6.3.2.2. S Korea Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 6.3.3.2. Japan Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 6.3.4. India 6.3.4.1. India Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 6.3.4.2. India Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 6.3.5.2. Australia Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 6.3.6.2. Indonesia Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 6.3.7.2. Malaysia Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 6.3.8.2. Vietnam Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 6.3.9.2. Taiwan Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 6.3.10.2. Rest of Asia Pacific Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 7. Middle East and Africa Hemp-based Food Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 7.2. Middle East and Africa Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 7.3. Middle East and Africa Hemp-based Food Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 7.3.1.2. South Africa Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 7.3.2.2. GCC Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 7.3.3.2. Nigeria Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 7.3.4.2. Rest of ME&A Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 8. South America Hemp-based Food Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 8.2. South America Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 8.3. South America Hemp-based Food Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 8.3.1.2. Brazil Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 8.3.2.2. Argentina Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Hemp-based Food Market Size and Forecast, by Product Type (2022-2029) 8.3.3.2. Rest Of South America Hemp-based Food Market Size and Forecast, by Sales Channel (2022-2029) 9. Global Hemp-based Food Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Hemp-based Food Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Manitoba Harvest 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Hemp Oil Canada 10.3. Braham Murray 10.4. Jinzhou Qiaopai Biotech 10.5. Canah International 10.6. GIGO Food 10.7. Just Hemp Foods 10.8. North American Hemp Grain Co. 10.9. Yunnan Industrial Hemp 10.10. Nutiva 10.11. Hempco 10.12. Agropro 10.13. GFR Ingredients Inc. 10.14. Naturally Splendid 10.15. Navitas Organics 10.16. Yishutang 10.17. Hemp Foods Australia 10.18. Elixinol 10.19. Canada Hemp Foods 10.20. Mettrum Originals 10.21. The Hemp Corporation Pty Ltd. 10.22. Fresh Hemp Foods Ltd 10.23. Laguna Blends Inc. 10.24. Compass Diversified Holdings LLC 10.25. Naturally Hemp, LLC 10.26. Vitahemp Pty Ltd 10.27. Canopy Growth Corporation 10.28. HempAmericana, Inc. 11. Key Findings 12. Industry Recommendations 13. Hemp-based Food Market: Research Methodology 14. Terms and Glossary