Market Overview:
The global hemp seed protein 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 plant-based proteins and rising awareness about the health benefits of hemp seed protein. Hemp seed protein is a complete source of plant-based proteins and is rich in omega-3 fatty acids, fiber, vitamins, and minerals. It has low levels of saturated fat and no cholesterol. These factors are driving its demand in food & beverages, pharmaceuticals, cosmetics, and other applications. Regionally, North America dominates the global hemp seed protein market followed by Europe and Asia Pacific. The growth in these regions can be attributed to the increasing demand for healthy foods as well as rising awareness about the health benefits of hempseed protein powder among consumers.
Product Definition:
Hemp seed protein is a high-quality plant-based protein that is derived from the hemp seed. Hemp seed protein contains all 20 amino acids, including the nine essential amino acids that the body cannot produce on its own. Hemp seed protein also contains high levels of omega-3 fatty acids and fiber.
Powdered Form:
Powdered form is a dry and granular form of cannabis/hemp protein. It's produced by supercritical fluid CO2 extraction from the plant material, which contains all the necessary amino acids. The powder is then processed to isolate individual components for further use in various food & beverage products or sold as a nutritional supplement on its own.
The market size was valued at USD 2 billion in 2016.
Liquid Form:
Liquid form is a protein supplement that contains all the essential and non-essential amino acids, as well as hemp seed oil. It helps in maintaining the proper balance of fluids in the body and also improves digestion. Hemp seed protein powder has a very low content of fat, cholesterol, sodium & carbohydrates.
Application Insights:
The food and beverages segment accounted for more than 50.0% share of the global revenue in 2017. The protein is widely used in functional foods as a source of dietary fiber and has high potential to be developed as an animal feed supplement owing to its ability to promote weight gain in livestock animals when mixed with their diet.
Hemp seeds are rich sources of essential amino acids, particularly lysine and methionine; however, they do not contain sufficient quantities of the essential fatty acid gamma-linolenic acid (GLA), which can be obtained from flaxseed or soybean oil. Thus, it can be safely concluded that hemp protein does not pose any health hazards if consumed at normal levels along with a balanced diet plan composed of vegetables and fruits along with cereals containing adequate amounts of omega 3 fatty acids.
Regional Analysis:
Europe was the largest regional market in 2017 owing to growing consumer awareness regarding health, fitness and nutritional lifestyle. Increasing adoption of veganism as a lifestyle is one of the major factors driving demand for plant-based protein sources in developed economies including Germany, U.K., France and Italy among others. Asia Pacific is projected to be the fastest-growing region over the forecast period due to increasing product consumption in countries such as China, Japan and India on account of rising population coupled with changing dietary patterns across emerging economies such as China and India.
China accounted for approximately 20% share within Asia Pacific region owing to high demand from food & beverage industry along with growing consumer awareness regarding health benefits associated with hemp seed products especially powder form which acts as an excellent source of proteins, essential amino acids (EAAs), vitamins (B1/B2/B6/Folic Acid) minerals (calcium & iron) fatty acids sterols carotenoids chlorophyll).
Growth Factors:
- Increasing demand for plant-based proteins: The global population is increasingly becoming health conscious and opting for plant-based proteins over animal-based proteins. This is driving the growth of the hemp seed protein market.
- Rising awareness about the health benefits of hemp seed protein: Hemp seed protein has a number of health benefits such as it being a good source of omega fatty acids, antioxidants, and fiber. This is increasing its demand among consumers, thereby propelling the growth of the hemp seed protein market.
- Growing popularity of veganism and vegetarianism: A large number of people are now following veganism or vegetarianism due to various health benefits associated with these lifestyles choices. This is leading to an increase in demand for plant-based proteins including hempseed protein, thereby boosting the growth prospects of this market segment..
Scope Of The Report
Report Attributes
Report Details
Report Title
Hemp Seed Protein Market Research Report
By Type
Powdered Form, Liquid Form
By Application
Food & Beverages, Pharmaceutical, Cosmetics, Others
By Companies
Hemp Oil Canada, Navitas Organics, NOW Foods, North American Hemp & Grain, Manitoba Harvest, GFR Ingredients, Z-Company
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Hemp Seed Protein Market Report Segments:
The global Hemp Seed Protein market is segmented on the basis of:
Types
Powdered Form, Liquid Form
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 & Beverages, Pharmaceutical, Cosmetics, Others
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 Organics
- NOW Foods
- North American Hemp & Grain
- Manitoba Harvest
- GFR Ingredients
- Z-Company
Highlights of The Hemp Seed 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:
- Powdered Form
- Liquid Form
- By Application:
- Food & Beverages
- Pharmaceutical
- Cosmetics
- Others
- 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 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 seed protein is a plant-based source of high quality protein. Hemp seeds are an excellent source of essential fatty acids, minerals, and vitamins. They are also a good source of fiber and antioxidants.
Some of the major players in the hemp seed protein market are Hemp Oil Canada, Navitas Organics, NOW Foods, North American Hemp & Grain, Manitoba Harvest, GFR Ingredients, Z-Company.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hemp Seed 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 Seed 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 Seed Protein Market - Supply Chain
4.5. Global Hemp Seed Protein Market Forecast
4.5.1. Hemp Seed Protein Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hemp Seed Protein Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hemp Seed Protein Market Absolute $ Opportunity
5. Global Hemp Seed 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 Seed Protein Market Size and Volume Forecast by Type
5.3.1. Powdered Form
5.3.2. Liquid Form
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hemp Seed 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 Seed Protein Market Size and Volume Forecast by Application
6.3.1. Food & Beverages
6.3.2. Pharmaceutical
6.3.3. Cosmetics
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hemp Seed 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 Seed 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 Seed 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 Seed 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 Seed Protein Demand Share Forecast, 2019-2026
9. North America Hemp Seed 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 Seed 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 Seed Protein Market Size and Volume Forecast by Application
9.4.1. Food & Beverages
9.4.2. Pharmaceutical
9.4.3. Cosmetics
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hemp Seed Protein Market Size and Volume Forecast by Type
9.7.1. Powdered Form
9.7.2. Liquid Form
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 Seed Protein Demand Share Forecast, 2019-2026
10. Latin America Hemp Seed 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 Seed 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 Seed Protein Market Size and Volume Forecast by Application
10.4.1. Food & Beverages
10.4.2. Pharmaceutical
10.4.3. Cosmetics
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hemp Seed Protein Market Size and Volume Forecast by Type
10.7.1. Powdered Form
10.7.2. Liquid Form
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 Seed Protein Demand Share Forecast, 2019-2026
11. Europe Hemp Seed 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 Seed 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 Seed Protein Market Size and Volume Forecast by Application
11.4.1. Food & Beverages
11.4.2. Pharmaceutical
11.4.3. Cosmetics
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hemp Seed Protein Market Size and Volume Forecast by Type
11.7.1. Powdered Form
11.7.2. Liquid Form
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attrctiveness/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 Seed Protein Demand Share, 2019-2026
12. Asia Pacific Hemp Seed 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 Seed 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 Seed Protein Market Size and Volume Forecast by Application
12.4.1. Food & Beverages
12.4.2. Pharmaceutical
12.4.3. Cosmetics
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hemp Seed Protein Market Size and Volume Forecast by Type
12.7.1. Powdered Form
12.7.2. Liquid Form
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 Seed Protein Demand Share, 2019-2026
13. Middle East & Africa Hemp Seed 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 Seed 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 Seed Protein Market Size and Volume Forecast by Application
13.4.1. Food & Beverages
13.4.2. Pharmaceutical
13.4.3. Cosmetics
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hemp Seed Protein Market Size and Volume Forecast by Type
13.7.1. Powdered Form
13.7.2. Liquid Form
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 Seed Protein Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hemp Seed Protein Market: Market Share Analysis
14.2. Hemp Seed Protein Distributors and Customers
14.3. Hemp Seed 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 Organics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NOW Foods
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. North American Hemp & Grain
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
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GFR Ingredients
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Z-Company
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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
