The Hemp Milk Market is projected to reach USD 0.81 billion by 2033, up from USD 0.24 billion in 2023, with an anticipated compound annual growth rate (CAGR) of 15.24% from 2023 to 2033. Hemp milk, made from hemp seeds that are soaked and blended with water, offers a smooth texture and nutty flavor. It serves as a versatile alternative to cow's milk, suitable for use in coffee, smoothies, and cereals. Rich in plant-based protein, healthy fats, and essential minerals, hemp milk supports skin health and helps protect against heart disease. It is highly nutritious, containing carbohydrates, iron, protein, calcium, and healthy fats. Naturally free from lactose, soy, and gluten, hemp milk is an ideal option for those avoiding these components. Its increasing popularity has led to widespread availability in grocery stores and online.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Variants (Flavored, Unflavored)
By Categories (Sweetened, Unsweetened)
By Products (Organic, Non-organic)
By Distributions (Online, Offline)
Key players
Hudson River Foods
California Natural Products
Living Harvest Foods Inc.
Pacific Foods of Oregon Inc
Good Mylk Co
SunOpta
Braham & Murray Good Hemp
Golden Hemp Company
Manitoba Harvest Hemp Foods
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