The global hemp protein market is expected to grow at a CAGR of around 8.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for plant-based proteins in various applications such as bakery and confectionery, meat alternatives, beverages, and infant foods. The growing awareness about the benefits of hemp protein over animal-based proteins is also driving the growth of this market.
The global hemp protein market is segmented on the basis of type into protein content 5560% and 8587%. Protein content 5560% segment accounted for a larger share in 2018 owing to its lower price compared with other types. Protein content 8587% segment accounted for a smaller share in 2018 due to its higher price compared with other types.
On the basis of application, it can be divided into bakery and confectionery, meat alternatives, beverages, and infant foods. Bakery and confectionery segment accounted for a larger share in 2018 due to its high consumption rate among consumers globally as well as availability across various regions globally which makes it easier for manufacturers to produce these products at low cost without compromising on quality or taste. Meat alternatives segment accounted for a smaller share in 2018 due to its high production cost which makes it difficult for manufacturers who are not able to produce these products at low cost without compromising on quality or taste.
- Hemp protein is a plant-based protein that is high in fiber and omega-3 fatty acids.
- Hemp protein has a complete amino acid profile, which makes it an excellent source of protein for vegetarians and vegans who do not eat meat or dairy products.
- Hemp seeds are rich in essential fatty acids, including Omega 3s, Omega 6s, and Omega 9s.
- The hemp seed contains all 20 amino acids including the 9 essential amino acids that our bodies cannot produce on their own.
- Hemp seeds are also rich in minerals such as magnesium, iron, zinc and phosphorus.
Industry Growth Insights published a new data on “Hemp Protein Market”. The research report is titled “Hemp Protein Market research by Types (Protein Content 55%-60%, Protein Content 85%-87%, Other), By Applications (Bakery and Confectionery, Meat Alternatives, Beverages, Infant Foods, Other), By Players/Companies Hemp Oil Canada, Navitas Naturals, North American Hemp & Grain, Hempco, Manitoba Harvest Hemp Foods, CHII Naturally Pure Hemp, GFR Ingredients Inc, SA and Green Source Organics, The Raw Chocolate Company, Z Company, Onni”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hemp Protein Market Research Report
By Type
Protein Content 55%-60%, Protein Content 85%-87%, Other
By Application
Bakery and Confectionery, Meat Alternatives, Beverages, Infant Foods, Other
By Companies
Hemp Oil Canada, Navitas Naturals, North American Hemp & Grain, Hempco, Manitoba Harvest Hemp Foods, CHII Naturally Pure Hemp, GFR Ingredients Inc, SA and Green Source Organics, The Raw Chocolate Company, Z Company, Onni
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hemp Protein Market Report Segments:
The global Hemp Protein market is segmented on the basis of:
Types
Protein Content 55%-60%, Protein Content 85%-87%, Other
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
Bakery and Confectionery, Meat Alternatives, Beverages, Infant Foods, 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:
- Hemp Oil Canada
- Navitas Naturals
- North American Hemp & Grain
- Hempco
- Manitoba Harvest Hemp Foods
- CHII Naturally Pure Hemp
- GFR Ingredients Inc
- SA and Green Source Organics
- The Raw Chocolate Company
- Z Company
- Onni
Highlights of The Hemp Protein 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:
- Protein Content 55%-60%
- Protein Content 85%-87%
- Other
- By Application:
- Bakery and Confectionery
- Meat Alternatives
- Beverages
- Infant Foods
- 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 Protein 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 protein is a plant-based protein that comes from the hemp seed. Hemp seeds are high in essential fatty acids, fiber, and other nutrients. They are also low in calories and contain no cholesterol.
Some of the key players operating in the hemp protein market are Hemp Oil Canada, Navitas Naturals, North American Hemp & Grain, Hempco, Manitoba Harvest Hemp Foods, CHII Naturally Pure Hemp, GFR Ingredients Inc, SA and Green Source Organics, The Raw Chocolate Company, Z Company, Onni.
The hemp protein market is expected to grow at a compound annual growth rate of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hemp Protein Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hemp Protein Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hemp Protein Market - Supply Chain
4.5. Global Hemp Protein Market Forecast
4.5.1. Hemp Protein Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hemp Protein Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hemp Protein Market Absolute $ Opportunity
5. Global Hemp Protein Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hemp Protein Market Size and Volume Forecast by Type
5.3.1. Protein Content 55%-60%
5.3.2. Protein Content 85%-87%
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hemp Protein Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hemp Protein Market Size and Volume Forecast by Application
6.3.1. Bakery and Confectionery
6.3.2. Meat Alternatives
6.3.3. Beverages
6.3.4. Infant Foods
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hemp Protein Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hemp Protein Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hemp Protein Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hemp Protein Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hemp Protein Demand Share Forecast, 2019-2029
9. North America Hemp Protein Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hemp Protein Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hemp Protein Market Size and Volume Forecast by Application
9.4.1. Bakery and Confectionery
9.4.2. Meat Alternatives
9.4.3. Beverages
9.4.4. Infant Foods
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hemp Protein Market Size and Volume Forecast by Type
9.7.1. Protein Content 55%-60%
9.7.2. Protein Content 85%-87%
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hemp Protein Demand Share Forecast, 2019-2029
10. Latin America Hemp Protein Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hemp Protein Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hemp Protein Market Size and Volume Forecast by Application
10.4.1. Bakery and Confectionery
10.4.2. Meat Alternatives
10.4.3. Beverages
10.4.4. Infant Foods
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hemp Protein Market Size and Volume Forecast by Type
10.7.1. Protein Content 55%-60%
10.7.2. Protein Content 85%-87%
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hemp Protein Demand Share Forecast, 2019-2029
11. Europe Hemp Protein Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hemp Protein Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hemp Protein Market Size and Volume Forecast by Application
11.4.1. Bakery and Confectionery
11.4.2. Meat Alternatives
11.4.3. Beverages
11.4.4. Infant Foods
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hemp Protein Market Size and Volume Forecast by Type
11.7.1. Protein Content 55%-60%
11.7.2. Protein Content 85%-87%
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hemp Protein Demand Share, 2019-2029
12. Asia Pacific Hemp Protein Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hemp Protein Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hemp Protein Market Size and Volume Forecast by Application
12.4.1. Bakery and Confectionery
12.4.2. Meat Alternatives
12.4.3. Beverages
12.4.4. Infant Foods
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hemp Protein Market Size and Volume Forecast by Type
12.7.1. Protein Content 55%-60%
12.7.2. Protein Content 85%-87%
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hemp Protein Demand Share, 2019-2029
13. Middle East & Africa Hemp Protein Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hemp Protein Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hemp Protein Market Size and Volume Forecast by Application
13.4.1. Bakery and Confectionery
13.4.2. Meat Alternatives
13.4.3. Beverages
13.4.4. Infant Foods
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hemp Protein Market Size and Volume Forecast by Type
13.7.1. Protein Content 55%-60%
13.7.2. Protein Content 85%-87%
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hemp Protein Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Hemp Protein Market: Market Share Analysis
14.2. Hemp Protein Distributors and Customers
14.3. Hemp Protein Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hemp Oil Canada
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Navitas Naturals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. North American Hemp & Grain
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hempco
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Manitoba Harvest Hemp Foods
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CHII Naturally Pure Hemp
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GFR Ingredients Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SA and Green Source Organics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. The Raw Chocolate Company
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Z Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Onni
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
