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Hemp Oil Dietary Supplement Market, Global Outlook and Forecast 2024-2030

Hemp Oil Dietary Supplement Market, Global Outlook and Forecast 2024-2030

  • Published on : 05 June 2024
  • Pages :71
  • Report Code:SMR-7957440

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Report overview

The global Hemp Oil Dietary Supplement market was valued at USD 266.67 million in 2023 and is projected to reach USD 552.47 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 11.5% during the forecast period (2024-2030).

Hemp oil dietary supplements are products derived from the seeds of the hemp plant (Cannabis sativa). They contain high levels of omega-3 and omega-6 fatty acids, along with other beneficial compounds like vitamins and minerals. These supplements are often used for their potential health benefits, such as supporting heart health, reducing inflammation, and promoting skin health. They do not contain significant levels of THC (tetrahydrocannabinol), the psychoactive compound found in marijuana, and are legal in many countries as they are derived from hemp seeds rather than the flowers or leaves of the plant.

Market Growth Drivers: Factors driving this growth include increasing consumer awareness about the health benefits of hemp oil, growing acceptance of hemp-derived products, and expanding legalization and regulation of hemp cultivation and usage.

Health and Wellness Trends: Rising consumer interest in natural and plant-based dietary supplements, coupled with the perceived health benefits of hemp oil such as omega-3 and omega-6 fatty acids, contribute to market expansion.

Regional Insights: Growth opportunities are expected across regions, with North America and Europe leading due to favorable regulatory environments and high consumer acceptance of hemp-based products.

Product Varieties: Market growth is supported by a variety of hemp oil dietary supplements, including capsules, soft gels, tinctures, and powders, catering to different consumer preferences and usage scenarios.

Challenges: Challenges may include regulatory complexities, varying legal statuses of hemp and CBD products across different countries, and competition from other natural dietary supplements.

Market Segmentation: Segmentation may include different distribution channels (health stores, online retail, pharmacies), target demographics (health-conscious consumers, athletes), and product types (pure hemp oil, hemp oil blends with other supplements).

The global key manufacturers of Hemp Oil Dietary Supplement include Isodiol International Inc, FOLIUM BIOSCIENCES, Moon Mother Hemp Company, CV Sciences, Inc, Hemp Oil Canada, KAZMIRA, Dr Hemp Me, Queen City Hemp and Hudson Hemp, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Hemp seed oil is extracted from seeds of the hemp plant. The extraction occurs through the cold pressing. The hemp oil in dietary supplements has various health and nutritional benefits due to its high content of three polyunsaturated fatty acids: linoleic acid, alpha-linolenic acid and gamma-linolenic acid in the ratio of 3:1 in the dietary supplements. It delivers various health benefits such as improved skin, lowering blood pressure, promoting heart health, pain relief, and inflammation reduction.

This report aims to provide a comprehensive presentation of the global market for Hemp Oil Dietary Supplement, 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 Oil Dietary Supplement. This report contains market size and forecasts of Hemp Oil Dietary Supplement in global, including the following market information:

  • Global Hemp Oil Dietary Supplement Market Revenue, 2019-2024, 2025-2030, ($ millions)
  • Global Hemp Oil Dietary Supplement Market Sales, 2019-2024, 2025-2030, (K Units)
  • Global top five Hemp Oil Dietary Supplement companies in 2023 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hemp Oil Dietary Supplement 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 Oil Dietary Supplement Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Hemp Oil Dietary Supplement Market Segment Percentages, by Type, 2023 (%)

  • Organic
  • Traditional

Global Hemp Oil Dietary Supplement Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Hemp Oil Dietary Supplement Market Segment Percentages, by Application, 2023 (%)

  • Personal Care Products
  • Drug
  • Food and Drinks
  • Other

Global Hemp Oil Dietary Supplement Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Hemp Oil Dietary Supplement Market Segment Percentages, By Region and Country, 2023 (%)

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Hemp Oil Dietary Supplement revenues in global market, 2019-2024 (Estimated), ($ millions)
  • Key companies Hemp Oil Dietary Supplement revenues share in global market, 2023 (%)
  • Key companies Hemp Oil Dietary Supplement sales in global market, 2019-2024 (Estimated), (K Units)
  • Key companies Hemp Oil Dietary Supplement sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Isodiol International Inc
  • FOLIUM BIOSCIENCES
  • Moon Mother Hemp Company
  • CV Sciences, Inc
  • Hemp Oil Canada
  • KAZMIRA
  • Dr Hemp Me
  • Queen City Hemp
  • Hudson Hemp
  • Green Roads
  • Royal CBD
  • CBD King

Outline of Major Chapters:

Chapter 1: Introduces the definition of Hemp Oil Dietary Supplement, market overview.
Chapter 2: Global Hemp Oil Dietary Supplement market size in revenue and volume.
Chapter 3: Detailed analysis of Hemp Oil Dietary Supplement 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 Oil Dietary Supplement 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 Oil Dietary Supplement 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.