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).
Report ID: Rn343957197 Published Date: March, 2025 Updated Date: April, 2025

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Global Hemp-Based Foods Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Health Consciousness
        2. Increasing Vegan Population
        3. Legalization of Hemp
        4. Demand for Sustainable Foods
      2. Restraints
        1. Regulatory Uncertainty
        2. Limited Awareness
        3. Supply Chain Challenges
        4. Taste and Texture Issues
      3. Opportunities
        1. Product Innovation
        2. Expansion in Emerging Markets
        3. Rising Investment in R&D
        4. Partnerships and Alliances
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Hemp-Based Foods Market, By Product Type, 2021 - 2031 (USD Million)
      1. Hemp Seed Oil
      2. Hemp Protein Powder
      3. Whole Hemp Seed
      4. Hulled Hemp Seed
      5. Others
    2. Global Hemp-Based Foods Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarket Stores
      2. Convenience Stores
      3. Hypermarket Stores
      4. Others
    3. Global Hemp-Based Foods Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Agropro
      2. Nutiva Inc
      3. Compass Group Management LLC
      4. Canopy Growth Corporation
      5. Avsr Group Of Companies
      6. Addent Inc
  7. Analyst Views
  8. Future Outlook of the Market