Hemp-based Foods Market is expected to reach US$ 4446.7 million revenues by 2028

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.

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.

The global Hemp-based Foods market was valued at US$ 928.8 million in 2020 and is expected to reach US$ 4446.7 million by the end of 2027, growing at a CAGR of 25.0% during 2021-2027.

This report focuses on Hemp-based Foods volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Hemp-based Foods market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Whole Hemp Seed
  • Hulled Hemp Seed
  • Hemp Seed Oil
  • Hemp Protein Powder
  • Others

Segment by Application

  • Supermarkets
  • Convenience Stores
  • Others

By Company

  • 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

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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