The global demand for Hemp Seed Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period 2021 - 2027.
Hemp seeds are a source of many nutrients, including iron, vitamin E, manganese, magnesium, B-vitamins, zinc, omega-6, omega-3 essential fatty acids, among others. Hemp seeds are a nut that can be consumed raw or used to make milk, oil, cheese substitutes, or protein powder. It is also used for medical use in oral and topical applications to treat and prevent specific health issues. There are many benefits of consuming raw hemp seed. It is good for the heart, brain, and the smooth functioning of the entire body.
Rising health-conscious people and growing awareness about the benefits of hemp seed drive the global demand for hemp seed. The rising inclination of people towards protein-rich, weight-loss food, rising lifestyle diseases, and growing aging populations will positively impact nutritional products, thus hemp seed. Hemp seed is broadly used to make milk, oil, cheese substitutes, and protein powder due to its rich nutritious values. A growing modern clinical research is expected to create new opportunities for the global hemp seed market. Escalating the legalization of hemp seed for medicinal and nutritional use will further boost the market growth. However, inadequate legal support for medicinal and nutritional use in some region and low awareness about hemp seed is predicted to hinder the market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of hemp seed. The growth and trends of hemp seed industry provide a holistic approach to this study.
This section of the hemp seed market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Whole Hemp Seed
- Hulled Hemp Seed
- Hemp Seed Oil
- Hemp Protein Powder
By Distribution Channel
- Food & Beverages
- Nutritional Supplements
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
This section covers the regional outlook, which accentuates current and future demand for the Hemp Seed market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Hemp Seed Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the hemp seed market include BAFA Neu GmbH, Canah International Srl, Deep Nature Project GmbH, GFR Ingredients Inc., Green Source Organics Inc., Hempco Food and Fibre Inc., HempFlax Group B.V., Liaoning Qiaopai Biotech Co. Ltd., Manitoba Harvest Hemp Foods (Tilray Inc), Naturally Splendid Enterprises Ltd., Navitas LLC. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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