Product Code: IRTNTR45414
The hemp-based foods market is forecasted to grow by USD 6910.9 million during 2023-2028, accelerating at a CAGR of 16.41% during the forecast period. The report on the hemp-based foods market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing vegan population and cases of celiac disease, new product launches in hemp-based foods market, and rise in government approval of hemp cultivation and consumption.
See Also
Engineered plants produce human milk sugars that could lead to healthier baby formulaLena Maas on LinkedIn: Hudson River Biotechnology | Alumnus UpdateDon’t Buy a House in These 4 Cities Where You’re Competing With the RichTechnavio's hemp-based foods market is segmented as below:
| Market Scope | |
|---|---|
| Base Year | 2024 |
| End Year | 2028 |
| Series Year | 2024-2028 |
| Growth Momentum | Accelerate |
| YOY 2024 | 13.73% |
| CAGR | 16.41% |
| Incremental Value | $6910.9mn |
By Distribution Channel
- Offline
- Online
By Product
- Hemp seed-based foods
- Hemp protein-based foods
- Hemp oil-based foods
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing demand for organic hemp-based foods as one of the prime reasons driving the hemp-based foods market growth during the next few years. Also, certifying hemp-based foods and growing strategic collaboration, partnership, and m and a will lead to sizable demand in the market.
The report on the hemp-based foods market covers the following areas:
- Hemp-based foods market sizing
- Hemp-based foods market forecast
- Hemp-based foods market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hemp-based foods market vendors that include Ananta Hemp Works, Bombay Hemp Co. Pvt. Ltd., Boring Hemp Co., CANAH INTERNATIONAL Srl, Cann Global Ltd., Canopy Growth Corp., GFR Ingredients Ltd., HempFlax Group BV, Hemp Juice Company BV, Hempro Int. GmbH, Hudson River Foods, Isodiol International Inc., Liaoning Qiaopai Biotech Co. Ltd., Naturally Hemps LLC, Navitas LLC, North American Hemp and Grain Co., Nutiva Inc., The Hemp Corp. Pty Ltd., Victory Hemp Foods, and Yunnan Hua Fang Industrial Hemp Co. Ltd.. Also, the hemp-based foods market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Distribution Channel
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
- Value Chain Analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Hemp-Based Foods Market 2018 - 2022
- Historic Market Size - Data Table on Global Hemp-Based Foods Market 2018 - 2022 ($ million)
- 4.2 Distribution Channel segment analysis 2018 - 2022
- Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
- 4.3 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Distribution Channel
- 6.1 Market segments
- Chart on Distribution Channel - Market share 2023-2028 (%)
- Data Table on Distribution Channel - Market share 2023-2028 (%)
- 6.2 Comparison by Distribution Channel
- Chart on Comparison by Distribution Channel
- Data Table on Comparison by Distribution Channel
- 6.3 Offline - Market size and forecast 2023-2028
- Chart on Offline - Market size and forecast 2023-2028 ($ million)
- Data Table on Offline - Market size and forecast 2023-2028 ($ million)
- Chart on Offline - Year-over-year growth 2023-2028 (%)
- Data Table on Offline - Year-over-year growth 2023-2028 (%)
- 6.4 Online - Market size and forecast 2023-2028
- Chart on Online - Market size and forecast 2023-2028 ($ million)
- Data Table on Online - Market size and forecast 2023-2028 ($ million)
- Chart on Online - Year-over-year growth 2023-2028 (%)
- Data Table on Online - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Distribution Channel
- Market opportunity by Distribution Channel ($ million)
- Data Table on Market opportunity by Distribution Channel ($ million)
7 Market Segmentation by Product
- 7.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
- 7.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 7.3 Hemp seed-based foods - Market size and forecast 2023-2028
- Chart on Hemp seed-based foods - Market size and forecast 2023-2028 ($ million)
- Data Table on Hemp seed-based foods - Market size and forecast 2023-2028 ($ million)
- Chart on Hemp seed-based foods - Year-over-year growth 2023-2028 (%)
- Data Table on Hemp seed-based foods - Year-over-year growth 2023-2028 (%)
- 7.4 Hemp protein-based foods - Market size and forecast 2023-2028
- Chart on Hemp protein-based foods - Market size and forecast 2023-2028 ($ million)
- Data Table on Hemp protein-based foods - Market size and forecast 2023-2028 ($ million)
- Chart on Hemp protein-based foods - Year-over-year growth 2023-2028 (%)
- Data Table on Hemp protein-based foods - Year-over-year growth 2023-2028 (%)
- 7.5 Hemp oil-based foods - Market size and forecast 2023-2028
- Chart on Hemp oil-based foods - Market size and forecast 2023-2028 ($ million)
- Data Table on Hemp oil-based foods - Market size and forecast 2023-2028 ($ million)
- Chart on Hemp oil-based foods - Year-over-year growth 2023-2028 (%)
- Data Table on Hemp oil-based foods - Year-over-year growth 2023-2028 (%)
- 7.6 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.11 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 9.12 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- Companies covered
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 12.3 Bombay Hemp Co. Pvt. Ltd.
- Bombay Hemp Co. Pvt. Ltd. - Overview
- Bombay Hemp Co. Pvt. Ltd. - Product / Service
- Bombay Hemp Co. Pvt. Ltd. - Key offerings
- 12.4 Boring Hemp Co.
- Boring Hemp Co. - Overview
- Boring Hemp Co. - Product / Service
- Boring Hemp Co. - Key offerings
- 12.5 CANAH INTERNATIONAL Srl
- CANAH INTERNATIONAL Srl - Overview
- CANAH INTERNATIONAL Srl - Product / Service
- CANAH INTERNATIONAL Srl - Key offerings
- 12.6 Cann Global Ltd.
- Cann Global Ltd. - Overview
- Cann Global Ltd. - Product / Service
- Cann Global Ltd. - Key offerings
- 12.7 Canopy Growth Corp.
- Canopy Growth Corp. - Overview
- Canopy Growth Corp. - Business segments
- Canopy Growth Corp. - Key news
- Canopy Growth Corp. - Key offerings
- Canopy Growth Corp. - Segment focus
- 12.8 GFR Ingredients Ltd.
- GFR Ingredients Ltd. - Overview
- GFR Ingredients Ltd. - Product / Service
- GFR Ingredients Ltd. - Key offerings
- 12.9 HempFlax Group BV
- HempFlax Group BV - Overview
- HempFlax Group BV - Product / Service
- HempFlax Group BV - Key offerings
- 12.10 Hemp Juice Company BV
- Hemp Juice Company BV - Overview
- Hemp Juice Company BV - Product / Service
- Hemp Juice Company BV - Key offerings
- 12.11 Hudson River Foods
- Hudson River Foods - Overview
- Hudson River Foods - Product / Service
- Hudson River Foods - Key offerings
- 12.12 Liaoning Qiaopai Biotech Co. Ltd.
- Liaoning Qiaopai Biotech Co. Ltd. - Overview
- Liaoning Qiaopai Biotech Co. Ltd. - Product / Service
- Liaoning Qiaopai Biotech Co. Ltd. - Key offerings
- 12.13 Naturally Hemps LLC
- Naturally Hemps LLC - Overview
- Naturally Hemps LLC - Product / Service
- Naturally Hemps LLC - Key offerings
- 12.14 North American Hemp and Grain Co.
- North American Hemp and Grain Co. - Overview
- North American Hemp and Grain Co. - Product / Service
- North American Hemp and Grain Co. - Key offerings
- 12.15 Nutiva Inc.
- Nutiva Inc. - Overview
- Nutiva Inc. - Product / Service
- Nutiva Inc. - Key offerings
- 12.16 The Hemp Corp. Pty Ltd.
- The Hemp Corp. Pty Ltd. - Overview
- The Hemp Corp. Pty Ltd. - Product / Service
- The Hemp Corp. Pty Ltd. - Key offerings
- 12.17 Victory Hemp Foods
- Victory Hemp Foods - Overview
- Victory Hemp Foods - Product / Service
- Victory Hemp Foods - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- Research methodology
- 13.5 Data procurement
- Information sources
- 13.6 Data validation
- Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- Data synthesis
- 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations
- List of abbreviations
