Global Hemp Milk Market Expected to Reach USD 867.8 Million by 2033 - IMARC Group

Global Hemp Milk Market Statistics, Outlook and Regional Analysis 2025-2033

The global hemp milk market size was valued at USD 325.2 Million in 2024, and it is expected to reach USD 867.8 Million by 2033, exhibiting a growth rate (CAGR) of 11.45% from 2025 to 2033.

The hemp milk market is primarily driven by continuous innovations in food and beverage offerings, such as flavor diversification and fortified products, which make hemp milk appealing to a broader market. Also, there are further fortifications made on the milk products for extra intake of calcium and vitamin D by manufacturers. According to the University of Colorado article published in April 2024, hemp milk is a complete protein since it contains all nine essential amino acids and provides more protein than any other plant-based milk. In addition, hemp milk is good since it comes from hemp seeds, which are rich in polyunsaturated fats. Investigation results have shown that switching saturated fats with these healthier fats lowers the overall level of cholesterol and may decrease risks for heart disease.

In addition to this, rising awareness regarding health and dietary choices among consumers is aiding market expansion. Hemp milk produced from hemp plant seeds serves as a nutritious substitute for conventional dairy and other plant-derived milk, attracting a diverse group of health-aware consumers. For example, in November 2023, Modicare Limited introduced its latest range of the Modicare Hemp Lab skincare line. This item aims to revitalize and renew skin both during the day and at night. Among the numerous advancements in skincare, hemp milk has surfaced as a groundbreaking component. Its powerful and adaptable characteristics are gaining rapid popularity, and it is set to become the new must-have for those eager to transform their skincare. In addition to this, the ongoing advancements in food and drink offerings, including vegan options, varied flavors, and enriched products, render hemp milk appealing to a broader consumer base. As a result, the producers are now bringing vegan hemp milk with extra nutritional content, like calcium and vitamin D, to make it healthier. For example, the United State (U.S) based plant milk brand, JOI, has launched a hemp milk concentrate produced from organic hemp hearts. This is the company's first vegan milk concentrate in this category. It is offered exclusively in 8 lb family-size pails, allowing for easy use either as a cooking ingredient or mixed with water to quickly create hemp milk.

Global Hemp Milk Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share on account of robust health and wellness trends and high consumer awareness regarding dietary alternatives in the United States and Canada.

North America Hemp Milk Market Trends:

The North American hemp milk market is driven by a growing demand among consumers for plant-based products and the health benefits they provide. Hemp milk is rich in omega-3 and omega-6 fatty acids, protein, and essential vitamins. This makes hemp milk an attractive product for the health-conscious and those with special dietary requirements. Furthermore, increased veganism and lactose intolerance are pushing consumers to opt for non-dairy alternatives. Furthermore, aspects of sustainability and eco-friendliness associated with hemp farming increase the drive to environmentally conscious operations in this space. In addition to this, approval from the regulatory bodies, along with convenient access via grocery stores and online sales platforms, is fueling growth in the North American region.

Asia-Pacific Hemp Milk Market Trends:

The hemp milk market in the Asia Pacific is expanding as consumers widely seek plant-based alternatives, driven by health consciousness and dietary shifts. Besides, several innovations in flavor and formulation are also attracting a broader consumer base, while local startups are increasingly venturing into plant-based beverages, thus influencing market growth.

Europe Hemp Milk Market Trends:

In Europe, hemp milk has become increasingly popular as the population increases in its vegan and lactose-intolerant demographics. More than that, it is gaining a boost with growing environmental consciousness and support for sustainable agriculture from the EU, making it the preferred choice for dairy substitutes.

Latin America Hemp Milk Market Trends:

The hemp milk market in Latin America is gradually emerging, with increased awareness about health and wellness. As plant-based diets gain traction and local production begins to develop, hemp milk is starting to appear more frequently, boosting the market growth across the region.

Middle East and Africa Hemp Milk Market Trends:

Hemp milk market is at its development stages in the Middle East and Africa, in turn, fueled by an ever-growing awareness about health in addition to the adoption of Western dietaries. Secondly, urban cities alone are also growing at a gradual pace all across the regions.

Top Companies Leading in the Hemp Milk Industry

Some of the leading hemp milk market companies include Good Hemp Food, Goodmylk Co., Hudson River Foods, Living Harvest Foods Inc, Manitoba Harvest Hemp Foods, Pacific Foods of Oregon Inc, Sunopta Inc., etc., among many others.

• In April 2023, JOI, a United States (U.S.) plant milk brand, introduced its hemp milk concentrate made from organic hemp hearts, which can be mixed with water to create hemp milk instantly.

Global Hemp Milk Market Segmentation Coverage

• On the basis of the variant, the market has been categorized into flavored and unflavored. Flavored hemp milk attracts consumers' attention through flavors such as vanilla, chocolate, and strawberry, as it increases appeal and versatility of use in various culinary applications. On the other hand, unflavored hemp milk targets consumers looking for a more authentic, simple experience that is nearly identical to dairy milk in flavor and texture, making it the perfect option for cooking and baking, as its flavor does not interfere with recipe flavor profiles.
• Based on the type, the market is classified into sweetened and unsweetened, amongst which sweetened dominates the market.In addition, sweetened hemp milk is widely adopted as it tastes good and caters to the broader consumer base seeking palatable alternatives to dairy milk. Also, sweeteners enhance flavor profiles, which makes them desirable for use in various culinary applications from baking to beverage-making.
• On the basis of the category, the market has been divided into organic and conventional.Among these, organic accounts for the majority of the market share. Apart from this, conscious consumers are selecting organic hemp milk due to its health benefits.In fact, organic milk is perceived as safer for consumption and to be of higher quality with no synthetic chemical pesticides and artificial fertilizers associated during its production cycle, aligning with the growing clean eating trends across the globe.
• Based on the distribution channel, the market is segregated into supermarkets and hypermarkets,convenience stores, specialty stores, and online stores, wherein supermarkets and hypermarkets hold the largest market segment. It offers easy availability and the convenience of accessing several brands and variants under one roof.These retail giants are pivotal in driving product visibility and consumer trials through strategic shelf placements and promotions.Moreover, the ability to cater to immediate consumer needs and preferences makes supermarkets and hypermarkets primary shopping destinations for hemp milk and other alternative dairy products.