IMARC Group, a leading market research company, has recently released a report titled “Hemp Seeds Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global hemp seeds market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Hemp Seeds Market?

The global hemp seeds market size reached US$ 935 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,759 Million by 2028, exhibiting a growth rate (CAGR) of 11.1% during 2023-2028.

What are Hemp Seeds?

Hemp seeds, derived from the Cannabis sativa plant, are small, brown seeds known for their rich nutritional profile and various health benefits. Unlike other parts of the cannabis plant, hemp seeds contain only trace amounts of THC (tetrahydrocannabinol), the compound responsible for the psychoactive effects of cannabis, making them safe and legal to consume. One of their most notable characteristics is their exceptional balance of essential fatty acids, including omega-3 and omega-6, which are vital for heart health and immune system function. Hemp seeds are also a complete protein source, providing all nine essential amino acids, which is relatively rare in plant-based protein sources. This makes them especially valuable for vegetarians and vegans. In terms of texture, hemp seeds have a mild, nutty flavor and can be consumed raw, cooked, or roasted. They are also highly versatile in culinary applications, often used in salads, smoothies, yogurts, and baked goods. Nutritionally, they are a rich source of vitamins and minerals, including vitamin E, magnesium, phosphorous, and potassium, contributing to a range of health benefits. These benefits include improved heart health, reduced inflammation, and aid in muscle recovery, making them popular among athletes and health enthusiasts.

Additionally, hemp seeds are a good source of dietary fiber, both soluble and insoluble, which is beneficial for digestive health. Their unique nutritional composition also includes high levels of antioxidants, particularly gamma-linolenic acid (GLA), which has been linked to several health benefits, such as hormonal balance and skin health. The high protein and healthy fat content in hemp seeds can aid in satiety, making them a useful addition to weight management diets. Furthermore, the sustainability of hemp cultivation, requiring minimal water and pesticides, adds an environmental benefit, making hemp seeds a nutritious and eco-friendly food choice.

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What are the Growth Prospects and Trends in the Hemp Seeds Industry?

The evolution and diversification of health-focused food products are fueling the growth of the hemp seed market. Moreover, the growing trend of plant-based and gluten-free diets, where hemp seeds are a key ingredient due to their high protein content and nutritional value, is propelling market expansion. Additionally, the influence of social media and health and wellness influencers in promoting hemp seed-based products is significantly contributing to market growth. The development of hemp seed products that are easily incorporated into various diets and cuisines is making notable advancements in consumer experience, as these products offer convenience and enhanced nutritional benefits, thereby nurturing market growth. The rapid adaptation of innovative hemp seed formulations and packaging, owing to their potential to appeal to a broad consumer base, is boosting market expansion. Furthermore, the societal shift towards embracing healthier eating habits and experimenting with alternative food sources is invigorating the growth of the hemp seed market. Other factors such as the increasing awareness of the environmental benefits of hemp cultivation, a growing population of health-conscious consumers, and extensive research and development in food science, are driving the growth of the hemp seed market globally.

Who are the Key Players Operating in the Hemp Seeds Market?

The competitive landscape of the industry has also been examined with some of the key players.

  • BAFA Neu GmbH
  • Canah International Srl
  • Deep Nature Project GmbH
  • GFR Ingredients Inc.
  • Green Source Organics Inc.
  • Hempco Food and Fibre Inc. (Aurora Cannabis Inc.)
  • HempFlax Group B.V.
  • Liaoning Qiaopai Biotech Co. Ltd.
  • Manitoba Harvest Hemp Foods (Tilray Inc)
  • Naturally Splendid Enterprises Ltd.
  • Navitas LLC
  • North American Hemp & Grain Ltd.
  • Yunnan Hua Fang Industrial  Hemp Co. Ltd.

What is Included in Market Segmentation?

The report has segmented the global mobile payment market based on source, form, packaging, application and distribution channel.

Breakup by Source:

  • Conventional
  • Organic

Breakup by Form:

  • Whole Hemp Seed
  • Hulled Hemp Seed
  • Hemp Seed Oil
  • Hemp Protein Powder
  • Others

Breakup by Packaging:

  • Pouches
  • Jars
  • Tins
  • Others

Breakup by Application:

  • Food & Beverages
  • Nutritional Supplements
  • Pharmaceuticals
  • Cosmetics
  • Others

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores
  • Others

Regional Analysis:

  • North America
  • Europe 
  • Asia Pacific 
  • Latin America
  • Middle East and Africa

Ask Analyst for Customization and Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=3222&flag=C

Key Highlights of The Report:                   

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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