Comprehensive historical analysis of Global Hemp Based Food Market has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from 2023-2032 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Hemp Based Food market.
The Global Hemp Based Food Market Size is Anticipated to Exceed USD 4.87 Billion by 2033, Growing at a CAGR of 13.12% from 2023 to 2033.
The report includes growth prospects in the Global Hemp Based Food Market by type, application, sub segement and region and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the Food & Beverages and other sectors. Regional coverage spans North America, Europe, and rest of the world including Asia Pacific.
The Global Hemp-Based food Market is poised for robust growth from 2023 to 2033, driven by increasing consumer interest in plant-based diets and the nutritional benefits of hemp. Rich in protein, fiber, and essential fatty acids, hemp-based foods are gaining popularity among health-conscious consumers and those seeking sustainable and organic food options. The market is expected to expand significantly as more people embrace hemp as a versatile ingredient in products like snacks, protein powders, and dairy alternatives.
Leading players of Hemp Based Food including:
- Hempfoods Ltd.
- Tilray, Inc.
- GFR Ingredients
- Hemp Foods Australia Pty Ltd
- Aurora Cannabis Inc.
- Naturally Splendid Enterprises Ltd.
- Isodiol International Inc
- Navitas LLC
- Nutiva
- T12 Holdings Pty Ltd.
- Agropro
- Compass Diversified
- Canopy Growth Corporation
- Hempco Inc.
- Cool Hemp
- Others
Market split by Segement, can be divided into:
By Product
- Hemp Protein Powder
- Hemp Seed Oil
- Hemp Seeds
- Others
By Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Key regions such as North America and Europe are leading this growth, with a rising number of food manufacturers incorporating hemp into their product lines to meet the growing demand. Innovations in hemp processing and product development are also contributing to the market's expansion, offering consumers a wider range of tasty and nutritious options. The report forecasts a positive outlook for the hemp-based food market over the next decade, as awareness of hemp’s health benefits continues to grow and regulations around hemp production and use become more favorable worldwide.
Market segment by Region/Country including:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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In March 2024, Manitoba Harvest, a subsidiary of Tilray Brands Inc., unveiled its new hemp-based food product at Natural Products Expo West. The company's new Superseed Oatmeal and Bioactive Fiber products promote gut health, potentially allowing the organization to gain a foothold in the Hemp-Based Food market.
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Whats covered in the report?
- 1. Overview of the Hemp Based Food market.
- 2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Hemp Based Food market, based on segement.
- 3. Hemp Based Food Market trends.
- 4. Hemp Based Food Market drivers.
- 5. Analysis of major company profiles.
Reasons to buy this Market Report:
1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Hemp Based Food market.
2. Use the SWOT analysis to determine the competitive intensity and therefore attractiveness of the emerging Hemp Based Food Industry.
3. Leading company profiles reveal details of key Hemp Based Food market players emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging Hemp Based Food market with five year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the Hemp Based Food market over the upcoming seven years
7. Accurate estimation of the global Hemp Based Food market size
8. Exact estimations of the upcoming trends and changes observed in the consumer behavior
9. Growth of the global Hemp Based Food market across the North & South America, EMEA, Asia Pacific, and Latin America
10. Information about Hemp Based Food market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis on various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the Hemp Based Food market
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