Global Hemp-based Foods Market Growth 2023-2029

Global Hemp-based Foods Market Growth 2023-2029

Hemp belongs to the genus Cannibis sativa and has been cultivated for thousands of years as a source of fiber, edible seeds, edible oil, lubricant, and as a fuel.

Hemp seeds, or hemp hearts, are the seeds of the hemp plant, or Cannabis sativa. Although marijuana comes from the same plant, hemp seeds only contain a trace amount of THC, the active ingredient in marijuana, and they will not get you high. In fact, hemp seeds are safe and very healthy to eat. Hemp Seeds are a gift of nature. They are the most nutritious seed in the world. Hemp Seeds are a complete protein. They have the most concentrated balance of proteins, essential fats, vitamins and enzymes combined with a relative absence of sugar, starches and saturated fats. Hemp Seeds are one of nature's perfect foods - a Super Food. This is one of the most potent foods available, supporting optimal health and well-being, for life. Raw hemp provides a broad spectrum of health benefits, including: weight loss, increased and sustained energy, rapid recovery from disease or injury, lowered cholesterol and blood pressure, reduced inflammation, improvement in circulation and immune system as well as natural blood sugar control.

LPI (LP Information)' newest research report, the “Hemp-based Foods Industry Forecast” looks at past sales and reviews total world Hemp-based Foods sales in 2022, providing a comprehensive analysis by region and market sector of projected Hemp-based Foods sales for 2023 through 2029. With Hemp-based Foods sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hemp-based Foods industry.

This Insight Report provides a comprehensive analysis of the global Hemp-based Foods landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hemp-based Foods portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hemp-based Foods market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hemp-based Foods and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hemp-based Foods.

The global Hemp-based Foods market size is projected to grow from US$ 1140.3 million in 2022 to US$ 5728.5 million in 2029; it is expected to grow at a CAGR of 5728.5 from 2023 to 2029.

North America is the largest region of Hemp-based Foods, with a market share about 35%, followed by Asia-Pacific and Europe, etc. Manitoba Harvest, Hemp Oil Canada, Braham & Murray, Jinzhou Qiaopai Biotech and GIGO Food are the top 5 manufacturers of industry, and they had about 30% combined market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Hemp-based Foods market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Whole Hemp Seed

Hulled Hemp Seed

Hemp Seed Oil

Hemp Protein Powder

Others

Segmentation by application

Supermarkets

Convenience Stores

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hemp-based Foods market?

What factors are driving Hemp-based Foods market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hemp-based Foods market opportunities vary by end market size?

How does Hemp-based Foods break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.