Global Hemp-Based Foods Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
Hemp Seed Oil, Hemp Protein Powder, Whole Hemp Seed, Hulled Hemp Seed, and Others.By Distribution Channel;
Supermarket Stores, Convenience Stores, Hypermarket Stores, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Hemp-Based Foods Market (USD Million), 2021 - 2031
In the year 2024, the Global Hemp-Based Foods Market was valued at USD 576.22 million. The size of this market is expected to increase to USD 1,859.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 18.2%.
The global market for hemp-based foods has been experiencing significant growth, driven by increasing consumer awareness of the nutritional benefits and sustainability of hemp-derived products. Hemp, derived from the Cannabis sativa plant, is gaining popularity as a versatile ingredient in food and beverages due to its rich nutritional profile. It is particularly valued for its high protein content, essential fatty acids like omega-3 and omega-6, and various vitamins and minerals.
One of the key drivers behind the rising demand for hemp-based foods is the growing preference for plant-based diets. As consumers seek healthier and more sustainable food choices, hemp offers a viable alternative to traditional protein sources like meat, dairy, and soy. This trend is bolstered by a rising awareness of environmental sustainability, as hemp cultivation requires fewer pesticides and less water compared to other crops, aligning with eco-conscious consumer preferences.
Moreover, regulatory shifts favoring hemp legalization in several regions globally have opened up new avenues for market expansion. Countries like the United States and Canada have relaxed restrictions on hemp cultivation, paving the way for a diverse range of hemp-based food products to enter mainstream markets. This regulatory environment, coupled with ongoing research into hemp's nutritional benefits and culinary applications, further supports the growth of the global hemp-based foods market.
In summary, the global market for hemp-based foods is poised for continued growth, driven by increasing consumer demand for nutritious, sustainable, and plant-based food options. With evolving regulatory landscapes and ongoing innovation in product development, hemp is positioned to play a significant role in the future of the global food industry.
Global Hemp-Based Foods Market Recent Developments
-
In March 2024: Manitoba Harvest, a subsidiary of Tilray Brands Inc., launched its new hemp-based food product at Natural Products Expo West.
-
In February 2018: Nutiva developed three new organic products in the US market: new organic hempseed products and two plant-based protein superfood smoothies.
Segment Analysis
The market can be segmented by product type into hemp seed oil, hemp protein powder, whole hemp seed, hulled hemp seed, and others. Hemp seed oil is valued for its rich nutritional profile, including omega-3 and omega-6 fatty acids, and is widely used in skincare products and cooking. Hemp protein powder, derived from hemp seeds, is a popular ingredient in plant-based protein supplements, catering to fitness enthusiasts and individuals following vegan or vegetarian diets. Whole hemp seeds, often consumed for their high fiber and nutrient content, are used in snacks or added to smoothies, while hulled hemp seeds are prized for their easy digestibility and versatility in culinary applications. The "others" category encompasses various forms of hemp-based products that cater to niche markets or emerging consumer trends.
By distribution channel, hemp products are available through supermarket stores, convenience stores, hypermarket stores, and others. Supermarket stores are a primary retail channel, offering a wide range of hemp-based products that cater to diverse consumer needs. These stores provide easy access to hemp seeds, oils, and protein powders in dedicated sections, often emphasizing the health benefits of hemp. Convenience stores also carry hemp products, though the selection is typically more limited. These outlets cater to on-the-go consumers seeking quick access to hemp-based snacks or supplements.
Hypermarket stores provide an expansive selection of hemp products, offering both conventional and organic options to meet the growing demand for hemp-based foods and wellness items. These stores typically offer competitive pricing and promotions, making them an attractive option for bulk purchases. The "others" category includes alternative distribution channels such as specialty stores, online platforms, or direct-to-consumer models, which are increasingly important for niche hemp products and those seeking convenience or unique offerings. This diverse range of distribution channels ensures that hemp-based products are accessible to a broad audience across different retail environments.
Global Hemp-Based Foods Segment Analysis
In this report, the Global Hemp-Based Foods Market has been segmented by Product Type, Distribution Channel and Geography.
Global Hemp-Based Foods Market, Segmentation by Product Type
The global hemp-based foods market showcases a variety of product types into Hemp Seed Oil, Hemp Protein Powder, Whole Hemp Seed, Hulled Hemp Seed and Others.
Hemp protein powder, derived from hemp seeds, is favored for its high protein content and amino acid profile, making it popular in dietary supplements, smoothies, and protein bars catering to fitness enthusiasts and health-conscious individuals.
Whole hemp seeds and hulled hemp seeds represent another segment appreciated for their nutty flavor and nutritional density. They are used in salads, granola bars, and baking recipes, offering a crunchy texture and a source of protein, fiber, and essential fatty acids. Beyond these core categories, the market includes other hemp-based products like hemp flour, hemp milk, and hemp snacks, each contributing to the market's diversity and appeal across various food and beverage applications.
These segmented product types highlight hemp's versatility as a sustainable superfood, prized for its nutritional benefits and eco-friendly cultivation practices. As consumer awareness grows and regulatory environments become more favorable, the global hemp-based foods market is poised for continued expansion, driven by innovation in product development and increasing adoption of plant-based diets worldwide.
Global Hemp-Based Foods Market, Segmentation by Distribution Channel
The segmentation of the global hemp-based foods market by distribution channels into Supermarket Stores, Convenience Stores, Hypermarket Stores and Others.
Supermarket stores represent a significant distribution channel, offering a wide range of hemp-based foods in structured retail environments. These stores cater to diverse consumer preferences, providing convenient access to hemp snacks, hemp seed oil, and other products that align with health and sustainability trends.
Convenience stores also play a vital role in the distribution of hemp-based foods, particularly in urban areas where consumers seek quick and accessible food options. These stores often stock hemp snacks and beverages, capitalizing on impulse purchases and catering to on-the-go lifestyles. Hypermarket stores, known for their extensive product offerings and large retail spaces, provide a platform for hemp-based foods to reach a broad audience, including families and health-conscious shoppers looking for a variety of dietary options.
Beyond these primary channels, other retail outlets, such as specialty health stores, online retailers, and natural food stores, contribute to the market's growth by offering niche hemp-based food products and targeting specific consumer segments. These channels facilitate direct-to-consumer sales, foster brand visibility, and support the expansion of the hemp-based foods market globally. As consumer demand for nutritious and sustainable food choices continues to rise, effective distribution strategies across these channels will be crucial for maximizing market penetration and meeting evolving consumer preferences.
Global Hemp-Based Foods Market, Segmentation by Geography
In this report, the Global Hemp-Based Foods Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Hemp-Based Foods Market Share (%), by Geographical Region, 2024
North America holds a prominent share in the market, driven by a robust regulatory framework supporting hemp cultivation and consumption in countries like the United States and Canada. This region benefits from a mature market environment where hemp-based foods, including hemp seed oil, protein powders, and snacks, are increasingly integrated into mainstream dietary habits due to high consumer awareness and demand for nutritious, plant-based options.
Europe follows closely, characterized by stringent regulations governing hemp production and food safety standards. Countries like Germany, France, and the Netherlands lead in hemp cultivation and processing, supporting a growing market for hemp-based foods favored for their nutritional benefits and sustainability credentials. The region's evolving food culture and emphasis on organic and natural products further propel market growth, with hemp-based products expanding beyond niche markets into broader consumer segments seeking healthy alternatives.
Asia Pacific represents a burgeoning market for hemp-based foods, driven by rising disposable incomes, changing dietary preferences, and increasing awareness of health and wellness. Countries such as Australia, China, and Japan are witnessing growing demand for hemp seed-based snacks, beverages, and cooking oils, driven by urbanization and a shift towards healthier lifestyles. However, varying regulatory landscapes and cultural perceptions of hemp pose challenges, influencing market penetration and product acceptance across different countries in the region.
In summary, the geographical segmentation of the global hemp-based foods market highlights distinct regional trends shaped by regulatory frameworks, consumer behaviors, and market maturity levels. As global awareness of hemp's nutritional benefits and sustainability advantages continues to grow, these regional dynamics will play a crucial role in shaping the future trajectory of the hemp-based foods market worldwide.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Hemp-Based Foods Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Growing Health Consciousness
- Increasing Vegan Population
- Legalization of Hemp
-
Demand for Sustainable Foods: The demand for sustainable foods, including hemp-based foods, is steadily rising as consumers become more aware of the environmental impact of their dietary choices. Hemp stands out as a sustainable crop due to its minimal need for pesticides and water compared to other crops, making it attractive to environmentally conscious consumers. This trend is bolstered by a broader shift towards sustainable lifestyles, where consumers prioritize products that are ethically sourced and produced with minimal environmental footprint.
Additionally, the growing awareness of climate change and its implications on food security has prompted consumers to seek alternatives that contribute positively to environmental sustainability. Hemp's ability to thrive in diverse climates and its potential to enrich soil health further support its appeal as a sustainable food source. As regulatory frameworks evolve to support sustainable agricultural practices and consumer preferences continue to favor eco-friendly products, the demand for hemp-based foods is expected to grow, driving innovation and market expansion in the global food industry.
Restraints
- Regulatory Uncertainty
- Limited Awareness
- Supply Chain Challenges
-
Taste and Texture Issues; Taste and texture issues pose significant challenges to the widespread adoption of hemp-based foods in the global market. While hemp offers nutritional benefits, including high protein content and essential fatty acids, its distinct earthy flavor and slightly grainy texture may not appeal to all consumers. These sensory characteristics can deter individuals accustomed to traditional food flavors and textures, impacting the overall acceptability of hemp-based products.
Addressing taste and texture issues requires innovation in product formulation and processing techniques to improve palatability and enhance consumer acceptance. Manufacturers are exploring methods such as flavor masking, blending with other ingredients, and refining extraction processes to mitigate hemp's natural taste and texture. Additionally, consumer education plays a crucial role in familiarizing the market with the benefits and versatility of hemp-based foods, potentially shifting perceptions and increasing acceptance over time.
Opportunities
- Product Innovation
- Expansion in Emerging Markets
- Rising Investment in R&D
-
Partnerships and Alliances: Partnerships and alliances play a pivotal role in advancing the global hemp-based foods market, facilitating collaboration across various sectors to overcome industry challenges and drive growth. In the context of hemp-based foods, partnerships often involve collaborations between food manufacturers, agricultural stakeholders, research institutions, and regulatory bodies. These alliances are crucial for navigating regulatory landscapes, particularly in regions where hemp cultivation and use in food products are subject to strict regulations.
By forming strategic partnerships, companies can leverage expertise and resources to enhance product development, quality assurance, and distribution capabilities. This collaboration fosters innovation in product formulation and processing techniques, addressing challenges such as taste refinement and texture improvement in hemp-based foods. Moreover, partnerships enable shared investments in sustainable agricultural practices, ensuring a consistent and reliable supply chain of high-quality hemp ingredients.
Competitive Landscape Analysis
Key players in Global Hemp-Based Foods Market include
- Agropro
- Nutiva Inc
- Compass Group Management LLC
- Canopy Growth Corporation
- Avsr Group Of Companies
- Addent Inc
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Hemp-Based Foods Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing Health Consciousness
- Increasing Vegan Population
- Legalization of Hemp
- Demand for Sustainable Foods
- Restraints
- Regulatory Uncertainty
- Limited Awareness
- Supply Chain Challenges
- Taste and Texture Issues
- Opportunities
- Product Innovation
- Expansion in Emerging Markets
- Rising Investment in R&D
- Partnerships and Alliances
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Hemp-Based Foods Market, By Product Type, 2021 - 2031 (USD Million)
- Hemp Seed Oil
- Hemp Protein Powder
- Whole Hemp Seed
- Hulled Hemp Seed
- Others
- Global Hemp-Based Foods Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Supermarket Stores
- Convenience Stores
- Hypermarket Stores
- Others
- Global Hemp-Based Foods Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Hemp-Based Foods Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Agropro
- Nutiva Inc
- Compass Group Management LLC
- Canopy Growth Corporation
- Avsr Group Of Companies
- Addent Inc
- Company Profiles
- Analyst Views
- Future Outlook of the Market