Hemp‐Based Food Market 2025 ‐ Company Business Overview, Sales, Revenue and Recent Development 2033 - SachinMorkane/brainy-insights GitHub Wiki

Hemp-based foods are derived from hemp seeds, hemp protein, and hemp oil, which are rich in proteins, omega-3 fatty acids, fiber, and essential nutrients. These foods are widely used in snacks, beverages, dairy alternatives, baked goods, and nutritional supplements. With growing consumer awareness about plant-based diets, sustainable food sources, and functional nutrition, hemp-based foods are gaining significant popularity globally.

The global Hemp-Based Food market was valued at USD 5.42 Billion in 2023 and growing at a CAGR of 6.87% from 2024 to 2033. The market is expected to reach USD 10.53 Billion by 2033.

  1. Recent Development Launch of plant-based protein powders, hemp snacks, and dairy alternatives in North America and Europe.

Expansion of organic and non-GMO hemp products to meet health-conscious consumer demand.

Introduction of innovative hemp-infused beverages and fortified foods by major food brands.

Increasing partnerships between hemp growers and food manufacturers to ensure sustainable supply chains.

  1. Market Dynamics Market size (2024–2025): Estimated USD 1.5–2 billion globally, with projected CAGR of 10–12% through 2030.

Rising demand from plant-based, vegan, and functional food markets drives growth.

Strong adoption of nutritional supplements and superfood trends contributes to market expansion.

  1. Drivers Increasing consumer preference for plant-based and sustainable foods.

Growing awareness of health benefits, including improved heart health, digestion, and protein intake.

Expansion of functional and fortified food segments incorporating hemp ingredients.

Supportive regulations and legalization of hemp cultivation in key markets.

  1. Restraints Regulatory challenges in some regions regarding hemp-derived ingredients.

Limited consumer awareness and acceptance in certain markets.

High cost of processing and producing hemp-based ingredients.

Competition from other plant-based proteins such as soy, pea, and almond.

  1. Opportunities Development of value-added products like hemp protein bars, snacks, and beverages.

Expansion in emerging markets with growing disposable income and health-conscious populations.

Integration of hemp ingredients in mainstream food and beverage products.

Growth of e-commerce channels to reach global consumers efficiently.

  1. Segment Analysis By Product Type: Hemp seeds, Hemp protein powder, Hemp oil, Hemp flour, and Others.

By Form: Powder, Oil, Whole seeds, and Extracts.

By End-Use Industry: Food & Beverages, Dietary Supplements, Bakery & Confectionery, Snacks, and Dairy Alternatives.

  1. Regional Segmentation Analysis North America: Largest market due to high consumer awareness, plant-based diet trends, and established hemp cultivation.

Europe: Strong growth driven by organic food demand, vegan population, and regulatory support for hemp products.

Asia-Pacific: Emerging market with increasing health-conscious consumers and growth in vegan and plant-based food adoption.

Latin America & Middle East/Africa: Gradual market expansion with rising disposable income and interest in functional foods.

  1. Application Segment Analysis Food & Beverages: Smoothies, snacks, bakery products, dairy alternatives, and fortified foods.

Dietary Supplements: Protein powders, capsules, and functional nutrition products.

Cosmetics & Personal Care: Hemp-infused oils and skincare ingredients (secondary application).

Industrial Applications: Emerging use in health-focused packaged foods and wellness products.

  1. Some of the Key Market Players Hemp Foods Australia (Australia)

Manitoba Harvest (Canada)

Nutiva Inc. (US)

CV Sciences, Inc. (US)

Foodspring GmbH (Germany)

Nature’s Path Foods (Canada)

Elixinol Global Ltd. (Australia)

Request Sample PDF @ https://www.thebrainyinsights.com/enquiry/sample-request/14368 11. Report Description This report provides a comprehensive overview of the Hemp-Based Food Market, covering market size, recent developments, drivers, restraints, opportunities, segmentation (by product, form, and end-use), regional analysis, applications, and key players. It helps food manufacturers, nutraceutical companies, retailers, and investors identify growth opportunities, understand emerging trends, and make strategic decisions in the plant-based and functional food sector.