Market Overview:
The global hemp seed oil market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hemp seed oil from various applications such as food, cosmetics, pharmaceuticals, and others. Hemp seed oil is also used as a feedstock for biofuels. Additionally, growing awareness about the benefits of using hempseed oil is another key factor driving the growth of this market. Some of the major players operating in this market are Hempco Food and Fiber Inc., Manitoba Harvest Hemp Foods Ltd., Nutiva Inc.
Product Definition:
Hemp seed oil is a vegetable oil that is cold-pressed from hemp seeds. Hemp seed oil contains high levels of essential fatty acids and antioxidants. It is used as a dietary supplement, skin care product, and cooking oil.
Food Grade:
Food grade is the quality of oil that meets the food regulations such as FDA, USDA, and European Union. Food grade hemp seed oil is used in salad dressings, cooking oils (vegetable & canola), baked goods, confectionery products (frosting & chewing gum), and other food products. Hemp seed oil contains an ideal ratio of omega-6 to omega-3 fatty acids which helps in reducing inflammation whereas promoting cardiovascular health.
Pharmaceutical Grade:
Pharmaceutical grade is the purest form of cannabidiol oil available. It has no additives and less than 1% THC content. The product is used in various applications such as dietary supplements, cosmetics, pharmaceuticals, and food products.
Hemp seed oil contains an ideal balance of omega-6 & omega-3 fatty acids as well as high levels of proteins.
Application Insights:
The food application segment led the global market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to increasing product applications in bakery, salad dressings, mayonnaise, cream cheese spreads and as snacks. Hemp seed oil contains around 60% linoleic acid (a essential fatty acid) which makes it an ideal raw material for manufacturing various food & dairy products. It is safe for human consumption as well as for pets owing to its nutritional value and high antioxidant content.
Cosmetic manufacturers are increasingly incorporating natural ingredients into their products due to consumer demand for minimally invasive procedures with minimal downtime along with improved aesthetic outcomes. Hemp seed oil contains naturally occurring antioxidants that help reduce inflammation while promoting cell growth & development preventing aging signs such as wrinkles from appearing on skin surface area.
Regional Analysis:
Europe was the largest regional market in 2017 owing to growing consumer awareness regarding health, nutrition, and sustainable living coupled with high disposable income. The region is expected to maintain its dominance over the forecast period due to increasing product demand from countries such as Germany, France, Italy and U.K. Asia Pacific is projected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 on account of rising product consumption in countries such as China and India due to changing lifestyle along with increasing disposable income especially after implementation of Goods & Services Tax (GST). Moreover Hemp Oil Canada that it will be easier for consumers in these countries who have been seeking for natural healthy products rather than having a negative impact on their body instead of using synthetic chemical based products which can harm human body structure thus leading into various diseases over time.
Growth Factors:
- Increasing demand for hemp seed oil in the food and beverage industry as a natural source of nutrients and antioxidants.
- Rising awareness about the health benefits of hemp seed oil among consumers, especially in developed countries.
- Growing use of hemp seed oil in personal care products for its anti-aging properties.
- Increasing demand from the nutraceuticals industry for dietary supplements containing hemp seed oil extracts.
- Proliferation of online retail channels that offer a wide variety of hempseed oils, making it easier for consumers to purchase these products
Scope Of The Report
Report Attributes
Report Details
Report Title
Hemp Seed Oil Market Research Report
By Type
Food Grade, Pharmaceutical Grade
By Application
Food, Cosmetic, Pharmaceutical, Other
By Companies
ENDOCA, Hemp Oil Canada, Suyash Herbs, Gaia Botanicals, Isodiol, Medical Marijuana, Aurora Cannabis (AC), Cannoid, Canopy Growth Corporation, CV Sciences, ENDOCA, Elixinol, NuLeaf Naturals, PharmaHemp, Folium Biosciences
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Hemp Seed Oil Market Report Segments:
The global Hemp Seed Oil market is segmented on the basis of:
Types
Food Grade, Pharmaceutical Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Cosmetic, Pharmaceutical, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ENDOCA
- Hemp Oil Canada
- Suyash Herbs
- Gaia Botanicals
- Isodiol
- Medical Marijuana
- Aurora Cannabis (AC)
- Cannoid
- Canopy Growth Corporation
- CV Sciences
- ENDOCA
- Elixinol
- NuLeaf Naturals
- PharmaHemp
- Folium Biosciences
Highlights of The Hemp Seed Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Pharmaceutical Grade
- By Application:
- Food
- Cosmetic
- Pharmaceutical
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hemp Seed Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hemp seed oil is a type of vegetable oil that is made from the seeds of the hemp plant. It has a high content of essential fatty acids, including omega-3 and omega-6 fatty acids.
Some of the major companies in the hemp seed oil market are ENDOCA, Hemp Oil Canada, Suyash Herbs, Gaia Botanicals, Isodiol, Medical Marijuana, Aurora Cannabis (AC), Cannoid, Canopy Growth Corporation, CV Sciences, ENDOCA, Elixinol, NuLeaf Naturals, PharmaHemp, Folium Biosciences.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hemp Seed Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hemp Seed Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hemp Seed Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hemp Seed Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hemp Seed Oil Market Size & Forecast, 2020-2028
4.5.1 Hemp Seed Oil Market Size and Y-o-Y Growth
4.5.2 Hemp Seed Oil Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Pharmaceutical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Cosmetic
6.2.3 Pharmaceutical
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hemp Seed Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hemp Seed Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Pharmaceutical Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Cosmetic
9.10.3 Pharmaceutical
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Pharmaceutical Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Cosmetic
10.10.3 Pharmaceutical
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Pharmaceutical Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Cosmetic
11.10.3 Pharmaceutical
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Pharmaceutical Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Cosmetic
12.10.3 Pharmaceutical
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Pharmaceutical Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Cosmetic
13.10.3 Pharmaceutical
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hemp Seed Oil Market: Competitive Dashboard
14.2 Global Hemp Seed Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ENDOCA
14.3.2 Hemp Oil Canada
14.3.3 Suyash Herbs
14.3.4 Gaia Botanicals
14.3.5 Isodiol
14.3.6 Medical Marijuana
14.3.7 Aurora Cannabis (AC)
14.3.8 Cannoid
14.3.9 Canopy Growth Corporation
14.3.10 CV Sciences
14.3.11 ENDOCA
14.3.12 Elixinol
14.3.13 NuLeaf Naturals
14.3.14 PharmaHemp
14.3.15 Folium Biosciences
