Global Hemp Seed Oil Market Size study&Forecast, byNature (Organic, Conventional), by Type (Cold-pressed, Refined), by Distribution Channel (B2B, B2C)and Regional Analysis, 2022-2029

Global Hemp Seed Oil Market Size study&Forecast, byNature (Organic, Conventional), by Type (Cold-pressed, Refined), by Distribution Channel (B2B, B2C)and Regional Analysis, 2022-2029

Global Hemp Seed Oil Market is valued at approximately USD 76.9 million in 2021 andis anticipated to grow with a healthy growth rate of more than 14.7% over the forecast period 2022-2029. Hemp seed oil is made from hemp seeds. It has a nutty flavourand ranges in colourfrom dark to clear bright green. Hemp seed oil provides therapeutic benefitsand is used to treat several ailments, including anxiety, epilepsy, and others. It contains a variety of vitamins and minerals, including vitamin B and vitamin C alsoa lot of amino acids and good fats such asomega-3 and omega-6, which is why its consumption is rising.The market is being driven by the increased use of hemp oil on e-commerce platforms and rising popularity due to the product's medicinal benefits.

Because of the product's therapeutic advantages, consumer demand is growing, and manufacturers are responding by providing hemp in a variety of forms that address a wide range of problems. For instance, CBII sells goods in candies, oils, capsules, balm, and face oil, among other forms.A European Commission research claims that from 2015 to 2019, hemp production climbed by 62.4%. Hemp production increased to 152,820 tons in 2019.Organically grown and produced goods are of higher quality, are more sustainable, and are cleaner. As a result, more items are being produced utilizing organic methods to satisfy customer demand. The global market for hemp seed oil, however, was mostly untouched by the pandemic because of the oil's ability to boost immunity and combat numerous other strains and diseases, including the common cold and flu. Due to this, consumers all over the world have been drinking hemp seed oil more frequently since it strengthens the immune system.However, the high cost of Hemp Seed Oil stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Hemp Seed Oil Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.With a market share of almost 40% in 2022, North America dominated the industry. The high percentage of the region is due in part to the legalization of hemp seed oil and favourablerules controlled by the local government. Because of this, the product is being used more frequently by the populace, which is driving regional growth.However, due to the significant adoption of hemp oil-based anti-ageing products during the projection period, Asia-Pacific records the greatest CAGR.The primary drivers will be the expanding healthcare industry and technological advancements in hemp seed oil medications for medical treatments.

Major market player included in this report are:
Nutiva Inc.
Connoills LLC
Manitoba Harvest Organic Hemp Oil
Sky Organics
Velona Hemp Seed Oil
Nature's Power Nutraceuticals Corp.Z-COMPANY Hemp seed oil,
Live Verdure Ltd. - 13 Seeds
Bombay Hemp Company
Bioriginal Food & Science Corp

Recent Developments in the Market:
In March 2021, Yooma Wellness Inc. announced the acquisition of Socati Corp. The corporation took this action in an effort to broaden its geographic reach.
In April 2020, QEMP officially launched the qemp ZERO , with only organic herbs and no THC
In December 2019,Terence Crawford and NuLeaf Naturals, LLC, one of the major manufacturers of hemp-based CBD oil in the United States, announced their alliance.
Global Hemp Seed Oil Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Nature, Type, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Nature offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByNature:
Organic
Conventional
By Type:
Cold-pressed
Refined
By Distribution Channel:
B2B
B2C
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the WorldCompanies Mentioned
Nutiva Inc.
Connoills LLC
Manitoba Harvest Organic Hemp Oil
Sky Organics
Velona Hemp Seed Oil
Nature's Power Nutraceuticals Corp.Z-COMPANY Hemp seed oil,
Live Verdure Ltd. - 13 Seeds
Bombay Hemp Company
Bioriginal Food & Science Corp

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