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Global Hemp-Based Foods Market 2018-2022

Global Hemp-Based Foods Market 2018-2022

About Hemp-Based Foods

Hemp is a sustainable crop, which is usually cultivated at the end of May or early June. Hemp plants are grown close together and have large and broad leaves. Hemp-based foods are basically hemp food products that are directly consumed or used as ingredients in the food and beverages industry.

Technavio’s analysts forecast the global hemp-based foods market to grow at a CAGR of 24.09% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global hemp-based foods market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Hemp-Based Foods Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Compass Diversified Holdings
  • Hempco
  • Hemp Foods Australia
  • Canopy Growth
  • Naturally Splendid Enterprises
  • Nutiva
Market driver
  • Growing vegan population and cases of celiac disease
  • For a full, detailed list, view our report
Market challenge
  • Impact of natural disasters and adverse weather conditions
  • For a full, detailed list, view our report
Market trend
  • Growing demand for organic hemp-based foods
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Hemp-Based Foods Market 2018-2022

Technavio recognizes the following companies as the key players in the global hemp-based foods market: Compass Diversified Holdings, Hempco, Hemp Foods Australia, Canopy Growth, Naturally Splendid Enterprises, and Nutiva.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing demand for organic hemp-based foods. The demand for organic food products is increasing at a fast pace. However, organic food products are usually priced higher than the conventional ingredients. The premium price is due to the comparatively higher production costs as well as consumer's willingness to pay extra for the organic food products.”

According to the report, one driver in the market is growing vegan population and cases of celiac disease. Vegan lifestyle strongly advocates animal rights and environment-friendly lifestyle choices. Vegans diet includes fruits, vegetables, whole grains, legumes, nuts, and seeds as substitutes for meat, dairy, and other traditional sources of protein. Currently, in the US itself, around 2.5% of the population follow vegan diet and lifestyle.

Further, the report states that one challenge in the market is impact of natural disasters and adverse weather conditions. The global hemp-based foods market is highly dependent on the availability of hemp. The uncertain weather conditions affect the production of crops, which impact the market growth. Natural disasters and adverse weather conditions such as floods, earthquakes, droughts, frost, and pestilence often affect the hemp plantations.

Companies Mentioned

Compass Diversified Holdings, Hempco, Hemp Foods Australia, Canopy Growth, Naturally Splendid Enterprises, and Nutiva.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Global superfood market
      • Table Parent market
      • Table Global superfood market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Global hemp-based foods market
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global hemp-based foods market - Market size and forecast 2017-2022 ($ mn)
      • Table Global hemp-based foods market - Year over year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product type
    • Segmentation by product type
      • Table Product type- Market share 2017-2022 (%)
    • Comparison by product type used for consumption purpose
      • Table Comparison by product type
    • Hemp seed-based foods - Market size and forecast 2017-2022
      • Table Global hemp seed-based foods market - Market size and forecast 2017-2022 ($ mn)
      • Table Different types of hemp seed available in the market
      • Table Global hemp seed-based foods market - Year-over-year growth 2018-2022 (%)
    • Hemp oil-based foods - Market size and forecast 2017-2022
      • Table Global hemp oil-based foods market - Market size and forecast 2017-2022 ($ mn)
      • Table Global hemp oil-based foods market- Year-over-year growth 2018-2022 (%)
    • Hemp protein-based foods - Market size and forecast 2017-2022
      • Table Global hemp protein-based foods market - Market size and forecast 2017-2022 ($ mn)
      • Table Global hemp protein-based foods - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product type
      • Table Market opportunity by product type
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Regional comparison
      • Table Regional comparison
    • Geographical segmentation
      • Table Global hemp-based foods market - Market share by geography 2017-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Hemp-based foods market in Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Hemp-based foods market in Americas - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table Hemp-based foods market in EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table Hemp-based foods market in EMEA - Year-over-year growth 2018-2022 (%)
    • APAC - Market size and forecast 2017-2022
      • Table Hemp-based foods market in APAC - Market size and forecast 2017-2022 ($ mn)
      • Table Hemp-based foods market in APAC - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • US
      • Table Hemp-based foods market in the US - Market size and forecast 2017-2022 ($ mn)
      • Table Hemp-based food market in the US - Year-over-year growth 2018-2022 (%)
    • Canada
      • Table Hemp-based food market in Canada - Market size and forecast 2017-2022 ($ mn)
      • Table Hemp-based food market in Canada - Year-over-year growth 2018-2022 (%)
    • Germany
      • Table Hemp-based food market in Germany - Market size and forecast 2017-2022 ($ mn)
      • Table Hemp-based food market in Germany - Year-over-year growth 2018-2022 (%)
    • China
      • Table Hemp-based food market in China - Market size and forecast 2017-2022 ($ mn)
      • Table Hemp-based food market in China - Year-over-year growth 2018-2022 (%)
    • France and the UK
      • Table Hemp-based foods market in France and UK - Market size and forecast 2017-2022 ($ mn)
      • Table Hemp-based foods market in France and UK - Year-over-year growth 2018-2022 (%)
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Product launches in last few years
    • Market challenges
      • Table Number of country-wise natural disaster by type 2016
  • Market trends
    • Growing demand for organic hemp-based foods
      • Table Players selling organic hemp-based foods
    • Packaging innovations and rebranding
    • Certifying hemp-based foods
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
      • Table Strategies adopted by players
      • Table Aspects that hemp-based food manufacturing companies are likely going pay attention 2017-2022
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Compass Diversified Holdings
      • Table Compass Diversified Holdings: Overview
      • Table Compass Diversified Holdings - Organizational developments
      • Table Compass Diversified Holdings - Geographic focus
      • Table Compass Diversified Holdings - Product offerings
    • Hempco
      • Table Hempco: Overview
      • Table Hempco - Organizational developments
      • Table Hempco - Geographic focus
      • Table Hempco - Product offerings
    • Hemp Foods Australia
      • Table Hemp Foods Australia: Overview
      • Table Hemp Foods Australia - Organizational developments
      • Table Hemp Foods Australia - Geographic focus
      • Table Hemp Foods Australia - Product offerings
    • Canopy Growth
      • Table Canopy Growth: Overview
      • Table Canopy Growth- Organizational developments
      • Table Canopy Growth- Geographic focus
      • Table Canopy Growth- Product offering
    • Naturally Splendid Enterprises
      • Table Naturally Splendid Enterprises: Overview
      • Table Naturally Splendid Enterprises - Organizational developments
      • Table Naturally Splendid Enterprises - Geographic focus
      • Table Naturally Splendid - Product offerings
    • Nutiva
      • Table Nutiva: Overview
      • Table Nutiva - Organizational developments
      • Table Nutiva - Geographic focus
      • Table Nutiva - Product offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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