Global Hemp-based Foods Market By Product Type (Hemp Seed Oil, Hemp Protein Powder, Whole Hemp Seed, Hulled Hemp Seed, Others), Distribution Channel (Supermarket Stores, Convenience Stores, Hypermarket Stores, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa), Market Trends and Forecast to 2027
Market Analysis and Insights: Global Hemp-based Foods Market
Hemp-based foods market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 7.08 billion by 2027 growing at a CAGR of 6.85% in the above-mentioned forecast period. The growing awareness amongst the physicians and patients regarding the benefits of hemp will help in boosting the growth of the market.
Surging preferences of the people regarding the consumption of hemp based food, increasing occurrences of celiac diseases, growing number of vegan population across the globe, rising health consciousness among the people are some of the factors that will likely to enhance the growth of the hemp-based foods market in the forecast period of 2020-2027. On the other hand, growing food and beverages industry will further boost various opportunities that will lead to the growth of the hemp-based foods market in the above mentioned forecast period.
Fluctuating prices of raw material will likely to hamper the growth of the hemp-based foods market in the above mentioned forecast period.
This hemp-based foods market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on hemp-based foods market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Hemp-based Foods Market Scope and Market Size
Hemp-based foods market is segmented on the basis of product type and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product type, hemp-based foods market is segmented into hemp seed oil, hemp protein powder, whole hemp seed, hulled hemp seed, others.
- Hemp-based foods market has also been segmented based on the distribution channel into supermarket stores, convenience stores, hypermarket stores, and others.
Hemp-based Foods Market Country Level Analysis
Hemp-based foods market is analysed and market size insights and trends are provided by country, product type and distribution channel as referenced above.
The countries covered in the hemp-based foods market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the hemp-based foods market due to the high prevalence of organic food product along with rising consumption of hemp based food, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 due to the adoption of western food habits along with rising demand of hemp based foods because of their gluten free property.
The country section of the hemp-based foods market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Hemp-based foods market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for hemp-based foods market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the hemp-based foods market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Hemp-based Foods Market Share Analysis
Hemp-based foods market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to hemp-based foods market.
The major players covered in the hemp-based foods market report are Agropro, Nutiva Inc., Compass Group Management LLC, Canopy Growth Corporation, Hempco Inc., CANADA HEMPFOODS LTD., Elixinol., Cool Hemp, Hemp Foods Australia Pty Ltd, Liaoning Qiaopai Biotech Co., Ltd., Naturally Splendid Enterprises Ltd., Elixinol Global Limited, NAVITAS ORGANICS, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Hemp-based Foods Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.