Hemp-based Foods Market Growth Factors, Applications, Regional...

Hemp-based Foods Market Growth Factors, Applications, Regional Analysis, and Key Players

Postado 2023-08-25 11:10:03

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The large scale HEMP-BASED FOODS market report represents all-inclusive professional study of the HEALTHCARE industry which focuses on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis. This business report contains a key data and information about the market, emerging trends, product usage, motivating factors for customers and competitors, restraints, brand positioning, and customer behaviour. All of these parameters about HEALTHCARE industry are again researched acutely for the enhanced and actionable market insights. Geographical scope of the products is also taken into consideration methodically for the major global areas such as Asia, North America, South America, and Africa.

While creating HEMP-BASED FOODS market report, all the necessities and requirements of the businesses have been considered with which they can achieve successful business growth. This report is an essential document for every market enthusiast, policymaker, investor, and player. Due to the effectiveness of SWOT analysis and Porter's Five Forces analysis in generating market research report, they are preferred by the businesses and hence also used while preparing this report. The universal HEMP-BASED FOODS market research report displays important product developments and tracks recent acquisitions, mergers and research in the HEALTHCARE industry by the key players.

Data Bridge Market Research analyses that the hemp-based foods market which was USD 5.25 billion in 2021, would rocket up to USD 11.59 billion by 2029, and is expected to undergo a CAGR of 10.41% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Driver:

· Increasing prevalence of celiac diseases

People's rising preferences for hemp-based foods, rising occurrences of celiac disease, rising vegan population around the world, and rising health consciousness among the population are some of the factors that will likely boost the hemp-based foods market's growth in the forecast period of 2022-2029. In the above-mentioned projection period, however, the rising food and beverage industry will further increase different prospects that will expand the hemp-based foods market.

· Rise in innovative products

Another growth-inducing component is the constant introduction of new product versions, such as hemp seed-based sauces, burgers, shakes, ice creams, and desserts. As a result, cafes, restaurants, and other eateries are experimenting with a range of hemp tastes and combinations in order to provide their consumers with unique and innovative cuisine. Other factors, such as the premiumization of gluten-free and organic foods and beverages and aggressive promotional activities by manufacturers through various online retail channels, are expected to further fuel the market.

· Rise in demand for organic hemp-foods

One of the important trends that will contribute to market expansion in the next years is the growing demand for organic hemp-based foods. Organic food items are in high demand due to increased health awareness and the detrimental impacts of additives used in the food and beverage sector. Many prominent market companies are releasing organic hemp food items to appeal to the rising consumer base, and this trend is extremely fit for hemp food products. This will help the market expand. The study on the global hemp-based food market offers a comprehensive analysis of the industry. The research includes a detailed analysis of key segments, trends, drivers, constraints, the competitive landscape, and other important market aspects.

· Wide use of hemp seeds in supplements and food ingredients

Hemp seeds are commonly utilised as supplements and food ingredients all over the world. Hemp seed contains nonpsychoactive but biologically active cannabinoids including cannabidiol (CBD), which has powerful spasmolytic, anxiolytic, and anticonvulsant properties. CBD dietary supplements make up roughly a third of the worldwide CBD market. Hemp seed has a nutty flavour and is a good source of essential fatty acids, vitamins, minerals, fibres, and essential amino acids in the highly absorbable proteins albumin and edestin. Hempseed oil contains a high percentage of polyunsaturated fatty acids, which have been shown to have anti-inflammatory, anti-cancer, and anti-cardiovascular properties.

Some key players mentioned in the report are:

Agropro (U.S), Nutiva Inc. (U.S), Compass Diversified (U.S), Canopy Growth Corporation (Canada), Hempco Inc. (Canada), CANADA HEMPFOODS LTD. (Canada), Elixinol. (U.S), Cool Hemp (Canada), Hemp Foods Australia Pty Ltd (Australia), Liaoning Qiaopai Biotech Co., Ltd. (China), Naturally Splendid Enterprises Ltd. (Canada), Elixinol Wellness Limited (Australia), NAVITAS ORGANICS (U.S), Yunnan Hua Fang Industrial Hemp Co. Ltd. (China), Hemp & Co. (Canada), Mettrum Originals (Canada)

Key Insights that Study is going to provide:

· The 360-degree Hemp-based Foods overview based on a global and regional level

· Market Share & Sales Revenue by Key Players & Emerging Regional Players

· A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments]

· May vary depending upon availability and feasibility of data with respect to Industry targeted

· Patent Analysis** No of patents / Trademark filed in recent years.

· A complete and useful guide for new market aspirants

· Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations

· Various Hemp-based Foods industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.

Key Market Segmentation:

The countries covered in the Global 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.

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Key leading countries

Vendor Landscape

Vendor Analysis

Appendix

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