Hemp-Based Food Market Growth, Demand and Challenges of the Key Industry Players 2028

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Global Hemp-Based Food Market Research and
Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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Report Description
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Report Description and Highlights
Report Description
Global Hemp-Based Food Market Research
Report The latest report by IMARC, titled
Hemp-Based Food Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2023-2028 " the global hemp-based food market
reached a value of US 1.3 Billion in 2022.
Hemp-based food products include hemp seeds,
hemp oil, cheese substitutes and protein powder
that are widely consumed across the globe due to
the numerous health benefits offered by them.
These products are obtained by harvesting the
hemp plant and hulling seeds to separate oil-rich
kernels that are further cold pressed to produce
oil. They are rich in iron, protein, fiber, zinc,
magnesium, phosphorus, potassium, and vitamins A,
B, C and E. Apart from this, they are free from
gluten, lactose, allergens, genetically modified
organisms (GMO), pesticides and phytoestrogen. As
a result, they are widely used in the preparation
of numerous packaged products, including bread,
cereals, chips, pretzels and granola
bars. Request Free Sample Report
https//www.imarcgroup.com/hemp-based-food-market/
requestsample
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Report Description and Highlights
Report Description

Global Hemp-Based Food Market Trends The global
market is primarily driven by the increasing
utilization of hemp-based products in the food
and beverages sector across the globe. Hemp-based
food products are widely being used as a key
ingredient in the preparation of numerous sauces,
milkshakes, burgers, ice creams and desserts as
well as multiple experimental dishes. Along with
this, consumers are increasingly becoming aware
of the health benefits offered by hemp-based
foods. Their consumption is associated with
promoting joint health, enhancing cardiac
functions, balancing insulin levels and improving
skin texture. This, coupled with the rising
health consciousness among the masses, is
providing a thrust to the market growth. The
market is further driven by the rising incidences
of celiac disease among individuals. Coupled with
the increasing number of individuals shifting to
vegan diets, there has been a significant
increase in the uptake of hemp-based foods.
Moreover, several players are promoting their
products across social media platforms to reach a
wider and diverse customer base, which is
creating a positive outlook for the market. There
has also been an increase in the sales of these
products through proliferating online retail
channels, thereby providing an impetus to the
market growth. On account of the aforementioned
factors, the market is projected to grow at a
CAGR of 15.1 during the forecast period
(2023-2028). Looking forward, the market value
is projected to reach a strong growth during the
forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Product Hem
p Protein Powder Hemp Seed Oil
Hemp Seeds Others Breakup by Distribut
ion Channel Supermarkets and Hypermarke
ts Convenience Stores Online S
tores Others Breakup by Region
North America United States
Canada Asia Pacific
China

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Report Description and Highlights
Report Description
Japan India
South Korea Aust
ralia Indonesia
Others Europe German
y France Unite
d Kingdom Italy
Spain Russia
Others Latin America
Brazil Mexico
Others Middle East and Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Hempfoods Ltd. Tilray. Inc. GFR Ingredients Hemp F
  oods Australia Pty Ltd Aurora Cannabis Inc. Natura
  lly Splendid Enterprises Ltd. Isodiol Internationa
  l Inc Navitas LLC Nutiva T12 Holdings Pty Ltd.
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/hemp-based-food-market

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A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
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