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The global hemp-based food market was valued at US$ 1.1 Billion in 2021.
We expect the global hemp-based food market to exhibit a CAGR of around 15.52% during 2022-2027.
The emerging adoption of veganism, along with the growing utilization of hemp-based food items in
several commercial food dishes, such as burgers, tea, coffee, shakes, etc., owing to their various
nutritional benefits, is primarily driving the global hemp-based food market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of
hemp-based food products.
Based on the product, the global hemp-based food market has been segregated into hemp protein
powder, hemp seed oil, hemp seeds, and others. Currently, hemp seeds represent the largest market
Based on the distribution channel, the global hemp-based food market can be divided into supermarkets
and hypermarkets, convenience stores, online stores, and others. Among these, supermarkets and
hypermarkets currently account for the majority of the total market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global hemp-based food market include Hempfoods Ltd., Tilray, Inc.,
GFR Ingredients, Hemp Foods Australia Pty Ltd, Aurora Cannabis Inc., Naturally Splendid Enterprises Ltd.,
Isodiol International Inc, Navitas LLC, Nutiva, and T12 Holdings Pty Ltd.
White Wine Market by Product Type (Riesling, Gewürztraminer, Chardonnay, Sauvignon Blanc, Chenin Blanc, Grüner Veltliner, Moscato, Pinot Grigio, and Others), Body Type (Light Bodied, Medium Bodied, Full-Bodied), Sweetness Level (Dry, Semi-Sweet, Sweet), Sales Channel (Modern Trade, Grocery Store, Convenience Stores, E-Commerce, and Others), and Region - 2023-2028
Hemp Milk Market by Variant (Flavored, Unflavored), Type (Sweetened, Unsweetened), Category (Organic, Conventional), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores), and Region - 2023-2028
Rapeseed Oil Market by Type (Processed, Virgin), Nature (Organic, Conventional), Distribution Channel (Supermarkets and Hypermarkets, Online Stores, Specialty Stores, Retail Stores, and Others), Application (Food Processing, Bio-Fuel, Cosmetics and Personal Care, and Others), and Region - 2023-2028
Modified Starch Market by Raw Material (Corn, Cassava, Wheat, Potato, and Others), Type (Starch Esters and Ethers, Resistant, Cationic, Pre-gelatinized, and Others), Function (Thickeners, Stabilizers, Binders, Emulsifiers, and Others), Application (Food and Beverages, Animal Feed, Paper, Pharmaceuticals, Textiles, and Others), and Region 2023-2028
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