- November 21, 2020
- Category: Food and Beverage, Other Industry Reports
Global Hemp Protein Market Size study, by Type (Food Grade, Pharmaceutical Grade, Industrial Grade), by Application (Functional Food, Functional Beverage, Dietary Supplement, Pharmaceuticals, Personal Care Industry, Other Applications) and Regional Forecasts 2020-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Thousands) 1.2.1. Hemp Protein Market, by Region, 2018-2027 (USD Thousands) 1.2.2. Hemp Protein Market, by Type, 2018-2027 (USD Thousands) 1.2.3. Hemp Protein Market, by Application, 2018-2027 (USD Thousands) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Hemp Protein Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Hemp Protein Market Dynamics 3.1. Hemp Protein Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global Hemp Protein Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Hemp Protein Market, by Type 5.1. Market Snapshot 5.2. Global Hemp Protein Market by Type, Performance - Potential Analysis 5.3. Global Hemp Protein Market Estimates & Forecasts by Type 2017-2027 (USD Thousands) 5.4. Hemp Protein Market, Sub Segment Analysis 5.4.1. Food Grade 5.4.2. Pharmaceutical Grade 5.4.3. Industrial Grade Chapter 6. Global Hemp Protein Market, by Application 6.1. Market Snapshot 6.2. Global Hemp Protein Market by Application, Performance - Potential Analysis 6.3. Global Hemp Protein Market Estimates & Forecasts by Application 2017-2027 (USD Thousands) 6.4. Hemp Protein Market, Sub Segment Analysis 6.4.1. Functional Food 6.4.2. Functional Beverage 6.4.3. Dietary Supplement 6.4.4. Pharmaceuticals 6.4.5. Personal Care Industry 6.4.6. Other Applications Chapter 7. Global Hemp Protein Market, Regional Analysis 7.1. Hemp Protein Market, Regional Market Snapshot 7.2. North America Hemp Protein Market 7.2.1. U.S. Hemp Protein Market 18.104.22.168. Type breakdown estimates & forecasts, 2017-2027 22.214.171.124. Application breakdown estimates & forecasts, 2017-2027 7.2.2. Canada Hemp Protein Market 7.3. Europe Hemp Protein Market Snapshot 7.3.1. U.K. Hemp Protein Market 7.3.2. Germany Hemp Protein Market 7.3.3. France Hemp Protein Market 7.3.4. Spain Hemp Protein Market 7.3.5. Italy Hemp Protein Market 7.3.6. Rest of Europe Hemp Protein Market 7.4. Asia-Pacific Hemp Protein Market Snapshot 7.4.1. China Hemp Protein Market 7.4.2. India Hemp Protein Market 7.4.3. Japan Hemp Protein Market 7.4.4. Australia Hemp Protein Market 7.4.5. South Korea Hemp Protein Market 7.4.6. Rest of Asia Pacific Hemp Protein Market 7.5. Latin America Hemp Protein Market Snapshot 7.5.1. Brazil Hemp Protein Market 7.5.2. Mexico Hemp Protein Market 7.6. Rest of The World Hemp Protein Market Chapter 8. Competitive Intelligence 8.1. Top Market Strategies 8.2. Company Profiles 8.2.1. Naturally Splendid Enterprises Ltd. 126.96.36.199. Key Information 188.8.131.52. Overview 184.108.40.206. Financial (Subject to Data Availability) 220.127.116.11. Product Summary 18.104.22.168. Recent Developments 8.2.2. Green Source Organics 8.2.3. GFR Ingredients Ltd. 8.2.4. Aurora Cannabis (Hempco Food and Fiber Inc.) 8.2.5. Fresh Hemp Foods Ltd. (Manitoba Harvest Hemp Foods) 8.2.6. North American Hemp & Grain Co. Ltd. 8.2.7. Navitas LLC 8.2.8. Hemp Oil Canada Inc. Chapter 9. Research Process 9.1. Research Process 9.1.1. Data Mining 9.1.2. Analysis 9.1.3. Market Estimation 9.1.4. Validation 9.1.5. Publishing 9.2. Research Attributes 9.3. Research Assumption
Global Hemp Protein Market is valued at approximately USD 730.6 thousands in 2019 and is anticipated to grow with a healthy growth rate of more than 5.3% over the forecast period 2020-2027. Hemp protein is one of the industrial by-products of hemp seed and is commonly used in the manufacture of various protein-rich foods and protein supplements. Hemp seeds contain approximately 35 per cent protein, 10 per cent carbohydrate and 45 per cent oil. Hemp protein is a plant-based food and thus vegetarians, as well as vegans, opt for protein alternatives to proteins derived from meat, dairy products such as case in and whey and eggs. There are a range of applications of hemp protein in food, cosmetics, nutraceuticals, pharmaceuticals and the beverage industry, which has concentrated on expanding the global market for hemp proteins. Moreover, the surging utilization in treatment of chronic diseases, such as cardiovascular, diabetes etc., along with favorable government regulations regarding the use of hemp derived protein are the few factors responsible for the CAGR of the market during the forecast period. According to the American Heart Association (AHA), cardiovascular diseases (CVD) are the prominent cause of mortality and morbidity across the globe. Over 17.6 million deaths were reported due to CVD in 2016 and are likely to grow nearly 23.6 million by 2030. Similarly, the association AHA also estimated that around 12.65 million people were living with ischemic heart disease in 2017, and it was more prevalent in males and females (68.50 and 57.90 million people respectively). Thus, with the rise in CVD patients, pharmaceutical manufacturers are using hemp protein in drugs or medicines to reduce the risk of heart strokes and also helps to lower cholesterol levels. These, in turn, is likely to accelerate the growth of the segment all over the world. However, the stringent government norms for approval of hemp protein is one of the prime the few factors restraining the market growth over the forecast period of 2020-2027.
The regional analysis of the global Hemp Protein market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing prevalence of cardiovascular diseases and obesity cases, along with the wide presence of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in prevalence lifestyle diseases such as diabetes, coupled with the rising government legislations regarding the production of hemp protein are the few factors creating a lucrative opportunity for the growth of the Hemp Protein market in the Asia-Pacific region.
Major market player included in this report are:
Naturally Splendid Enterprises Ltd.
Green Source Organics
GFR Ingredients Ltd.
Aurora Cannabis (Hempco Food and Fiber Inc.)
Fresh Hemp Foods Ltd. (Manitoba Harvest Hemp Foods)
North American Hemp & Grain Co. Ltd.
Hemp Oil Canada Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Personal Care Industry
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Hemp Protein Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers