Asia-Pacific Hemp Seed Market is Expected to Grow with the CAGR of 18.0% in the Forecast Period of 2021 to 2028

Asia-Pacific Hemp Seed Market is forecasted to grow with significant CAGR owing factor such as technological advancements in the manufacturing sector.

Changing dietary lifestyle of Asia-Pacific consumers is a major driver for growth of Asia-Pacific hemp seed market. Availability of substitute products such as chia seeds and flax seeds in Asia is acting as major restraint to the market.

Hemp Seed Market Scenario

According to Data Bridge Market Research, market leader is Midlands Holdings, which accounts an estimated market share of approximately 5% to 10%. The company has gained outstanding sales through their businesses of hemp seed. The market is witnessing continuous product integration and expanding their business in the market.

For instance,

  • In July 2018, Midlands Holdings has participated in New Zealand first iHemp submit which aimed to kick start a home-grown iHemp economy. iHemp is recognised as a good source of fibre, food and medicine that creates option for the company to succeed in their future business plan

  • In March 2019, Hemp New Zealand expanded its processing facility in Christchurch. It will open the door for research and development of products that are made from hemp and flax fibres. It will help the company to fledge hemp industry in New Zealand with introduction of innovative products using its R&D

Asia-Pacific Hemp Seed Market

Trends Impacting the Market

The hemp seed market is becoming more competitive every year with companies such regions Midlands Holdings, highkeyherb and Sinohemp are the market leaders for hemp seed market. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the hemp seed market.

For more analysis on the hemp seed market request for a briefing with our analysts

Hemp Seed Market Development in 2018

  • In February 2018, CBD Seed Co. partnered with a CBD based company named Cope. With this agreement, the company will be provided with 7.2 million seeds and 180,000 clones from clone which will help the company to expand its segment and meet the rising demand.

Scope of the Hemp Seed Market

The countries covered in the hemp seed market are China, Japan, Australia, India, New Zealand, South Korea, and Rest of Asia-Pacific.

  • All country based analysis of the hemp seed market is further analyzed based on maximum granularity into further segmentation. On the basis of seed type, Asia-Pacific hemp seed market is segmented into regular, auto-flowering and feminine. On the basis of category, Asia-Pacific hemp seed market is segmented into inorganic and organic. On the basis of form, Asia-Pacific hemp seed market is segmented into dehulled and hulled. On the basis of applications, Asia-Pacific hemp seed market is segmented into food, personal care, animal feed, cosmetics, beverages, dietary supplements and others.

Key Pointers Covered in Hemp Seed Market Industry Trends and Forecast to 2028

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Market Key Vendors and Disruptors Study

Key Market Competitors Covered in the Report

  • Midlands Holdings
  • Everest Eco Hemp
  • Nutraonly (Xi'an) Nutritions Inc
  • Sinohemp
  • Liaoning Qiaopai Biotech Co., Ltd.
  • The Pahari Life
  • Himalayan Root
  • Tianjin Huge Roc Enterprises Co., Ltd.
  • Yunnan Hua Fang Industrial Hemp Co. Ltd.
  • Highkeyherb
  • Hemp New Zealand
  • CBD Seed Co.

Above are the key players covered in the report, to know about more and exhaustive list of hemp seed companies’, contact us

Research Methodology: Asia-Pacific Hemp Seed Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Industrial Experts, Product Engineers, Warehouse Managers and Cargo Operators among others
  • Supply Side: Original Equipment Manufacturers, Exporter, Distributors, Wholesaler and Retailer among others

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