Hemp-Based Food Market 2025 | Demand and Scope with Outlook, Business Strategies

The hemp-based food market encompasses a variety of edible products derived from hemp seeds, which contain low levels of THC (≤0.3%). These products include hemp seeds, hemp oil, hemp protein powder, and hemp milk. Hemp foods are celebrated for their nutritional benefits, offering high-quality plant-based protein, essential fatty acids (omega-3 and omega-6), dietary fiber, and a range of vitamins and minerals. They are utilized in various culinary applications, such as smoothies, baked goods, salads, and as standalone snacks .

The global Hemp-Based Food market was valued at USD 5.42 Billion in 2023 and growing at a CAGR of 6.87% from 2024 to 2033. The market is expected to reach USD 10.53 Billion by 2033.

🔄 Market Dynamics

✅ Drivers

• Health and Wellness Trends: Increasing consumer awareness of the nutritional benefits of hemp-based foods, including high protein, omega fatty acids, and fiber content, drives demand as people seek healthier dietary options. According to the U.S. Food and Drug Administration (FDA), hemp seeds are an excellent source of protein, providing all nine essential amino acids. They contain about 25% protein by weight, comparable to beef and lamb .
• Rise in Plant-Based Diets: The growing popularity of vegan and vegetarian lifestyles boosts the hemp-based food market, as these products provide a valuable plant-based protein and nutrient source. A report from the Good Food Institute in 2023 showed that sales of plant-based foods in the U.S. grew by 27% over the past two years, reaching USD 7 Billion. Hemp-based products were noted as a significant contributor to this growth .
• Sustainability and Environmental Impact: Hemp cultivation is eco-friendly, requiring fewer resources like water and pesticides, appealing to environmentally conscious consumers and driving market growth. The U.S. Department of Agriculture (USDA) reported in 2023 that hemp crops require approximately 50% less water per season than cotton. Additionally, hemp has been shown to absorb more CO₂ per hectare than any forest or commercial crop, making it ideal for carbon sequestration .
• Regulatory Changes: The legalization and regulatory support for hemp cultivation and production in various regions enhance market access and product availability, fueling industry expansion. The European Union increased the THC limit for industrial hemp from 0.2% to 0.3% in January 2023, aligning with U.S. standards and potentially opening up more opportunities for hemp cultivation and product development .

❌ Challenges

• Regulatory Hurdles: Despite federal legalization in several countries, varying state and regional regulations can create market fragmentation and complicate distribution.
• Supply Chain Constraints: Limited availability of certified organic hemp seeds and processing facilities can restrict production scalability.
• Consumer Education: Misconceptions about hemp's association with psychoactive cannabis may hinder broader consumer acceptance.

📊 Segment Analysis

By Product Type (2023)

• Hemp Seed Oil: 40% market share
• Whole Hemp Seed: 25%
• Hulled Hemp Seed: 18%
• Hemp Protein Powder: 12%
• Others: 5%

By Distribution Channel

• Offline Retail (Supermarkets): 45%
• Online Retail: 30% (fastest-growing segment)
• Convenience Stores: 15%
• Others: 10%

By Region (2023)

• North America: 38.34% market share
• Europe: 30%
• Asia-Pacific: 20% (fastest-growing region)
• Latin America: 8%
• Middle East & Africa: 7%

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🏢 Key Market Players

• Manitoba Harvest: A leading producer of hemp-based food products, including seeds, protein powders, and snacks. The company focuses on sustainability and quality, ensuring that its products are organic and non-GMO
• Nutiva: Offers a diverse range of hemp-based foods, including oils, protein powders, and snacks. The company's commitment to organic farming and innovation has helped it gain a strong market presence
• Navitas Organics: Known for its organic and nutrient-dense superfoods, including hemp products. The company's emphasis on sustainability and ethical sourcing has resonated well with health-conscious consumers .
• CANAH International: A European company specializing in hemp-based food products such as seeds, oils, and protein powders. The company's focus on quality and innovation has helped it expand its market presence .
• Hemp Foods Australia: A leading player in the Asia Pacific region, offering a wide range of hemp-based foods, including seeds, protein powders, and oils. The company's emphasis on organic and sustainable farming practices has contributed to its success in the market .
• Elixinol Global: An Australian company that produces and sells hemp-derived products to consumers and retailers in the United States and Australia. The company's products include cannabinoid (CBD) oil and nutraceuticals as well as hemp-derived food and textiles
• Ecofibre: An Australian biotechnology company that produces and sells hemp-derived products to consumers and retailers in the United States and Australia. The company's products include cannabinoid (CBD) oil and nutraceuticals as well as hemp-derived food and textiles .

The hemp-based food market is experiencing significant growth, driven by health-conscious consumer trends, the rise of plant-based diets, and increasing environmental awareness. With ongoing product innovation and expanding distribution channels, the market is poised for continued expansion in the coming years.