Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Hemp-based Food, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hemp-based Food. This report contains market size and forecasts of Hemp-based Food in global, including the following market information:
Global Hemp-based Food Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Hemp-based Food Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Hemp-based Food companies in 2022 (%)
The global Hemp-based Food market was valued at US$ 1199.4 million in 2022 and is projected to reach US$ 1471.8 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Hemp-based Food manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hemp-based Food Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Hemp-based Food Market Segment Percentages, by Type, 2022 (%)
Whole Hemp Seed
Hulled Hemp Seed
Hemp Seed Oil
Hemp Protein Powder
Others
Global Hemp-based Food Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Hemp-based Food Market Segment Percentages, by Application, 2022 (%)
Supermarkets
Convenience Stores
Online
Others
Global Hemp-based Food Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Hemp-based Food Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hemp-based Food revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Hemp-based Food revenues share in global market, 2022 (%)
Key companies Hemp-based Food sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Hemp-based Food sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Hemp-based Food, market overview.
Chapter 2: Global Hemp-based Food market size in revenue and volume.
Chapter 3: Detailed analysis of Hemp-based Food manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Hemp-based Food in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Hemp-based Food capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.