Edit Content

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Hemp Seed Market to reach USD 10.72 billion by the end of 2030.

Global Hemp Seed Market Size study & Forecast, By Product Type (Medicinal, Auto Flowering, Feminized, Regular, Others), by Form (Whole Hemp Seed, Shelled Hemp Seed, Hemp Seed Oil, Hemp Seed Protein), by Packaging (Pouches, Jars, Tins, Others), by Application (Food, Tea and Hemp Juice, Hemp Sacks, Hemp Fibre, Others), by Distribution Channel (Direct, Indirect) and Regional Analysis, 2023-2030

Product Code: OIRFB-75425191
Publish Date: 10-06-2023
Page: 200

Global Hemp Seed Market is valued at approximately USD 5.5 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 8.70% over the forecast period 2023-2030. Hemp seeds also known as “hemp hearts” are a nutrient-dense dietary source it is high in good fats, protein, and several minerals. Essential fatty acids, especially omega-3 and omega-6 fatty acids, are rich in hemp seeds and regarded as a natural gift and are acknowledged as the world’s most nutritious seed, containing full protein. The Hemp Seed market is rising Due to its many health benefits as improving heart health by reducing cholesterol, blood pressure, and triglycerides. However, increasing nutrient intake and benefits of hemp seed for agriculture are growing as demand for processed and ready-to-eat food goods are increasing, particularly among millennials and the urbanized population, is driving increasing consumption of hemp-based cereals, smoothies, yoghurt, and other food items. Hemp seed is used to produce hemp biodiesel, which can be used in any vehicle powered by diesel.

Growing acceptance of the healthful foods and agricultural benefits connected with hemp seed to maintain intake of protein levels, the booming vegan shift has resulted in a steady shift away from meat and dairy products and towards hemp-based nutrition items. According to Veganuary, 4 million people signed up for the campaign in 2020, which increased to over 5 million in 2021, which is a non-profit organization in the United Kingdom that encourages participants to adopt a vegan diet and lifestyle for the entire month of January. In 2022, the number of signups climbed to 6.29 million. As a result, growth in the vegan population with drive the hemp-based food industry forward. Additionally, the rising trend of buying on online platforms as well as Ready-to-drink variations in order to widen the range of their goods. However, high production costs, strict regulations and policies are expected to limit the growth of the hemp seed market.

The key regions considered for the Global Hemp Seed Market stud4y includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market over the forecast period as it is anticipated to be driven by growing public knowledge of the potential advantages and opportunities provided by industrial hemp, evolving governmental options, and rising consumer demand for goods derived from hemp. It is followed by the food and beverage segment. This is due to the food sector’s extensive use of industrial hemp for salad dressing and cooking as well as for snack food in order to reap the high nutritional benefits. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as Growing demand for skin care products and more funding from private organizations are expected to drive the market’s growth rate. The hemp seed oil provides flavor to the vegan diet, which is thought to increase demand for the industrial hemp industry.

Major market player included in this report are:
Canah International Srl
Deep Nature Project GmbH
Fresh Hemp Foods Ltd
Hemp Oil Canada Inc.
Hemp flax Group B.V
North American Hemp & Grain Co Ltd.
GFR Ingredients Inc.
Hempco Food and Fiber Inc.
Liaoning Qiaopai Biotech Co Ltd.

Recent Developments in the Market:
Ø In January 2023, Hemp Foods Australia (HA) has a new nationwide distribution deal with Woolworths. The company is a subsidiary of Elixinol.
Ø In Feb 2022 PepsiCo to launch a hemp seed-infused drink under Rockstar Energy as Pepsi is hoping to attract younger, female consumers with the drink

Global Hemp Seed Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product Type, Form, Packaging, Application, Distribution Channel, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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:

By Product type:
Auto Flowering

By Form:
Whole Hemp Seed,
Shelled Hemp Seed
Hemp Seed Oil
Hemp Seed Protein

By Packaging:

By Application:
Tea and Hemp Juice
Hemp Sacks
Hemp Fibre

By Distribution Channel:
By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Hemp Seed Market, by Region, 2020-2030 (USD Billion)
1.2.2. Hemp Seed Market, by Product Type, 2020-2030 (USD Billion)
1.2.3. Hemp Seed Market, by Form, 2020-2030 (USD Billion)
1.2.4. Hemp Seed Market, by Packaging, 2020-2030 (USD Billion)
1.2.5. Hemp Seed Market, by Application, 2020-2030 (USD Billion)
1.2.6. Hemp Seed Market, by Distribution Channel, 2020-2030 (USD Billion)

1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Hemp Seed Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Hemp Seed Market Dynamics
3.1. Hemp Seed Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increase in the legalization of industrial hemp Growing adoption of healthy consumables as well as agricultural
3.1.2. Market Challenges Easy availability of Substitute source
3.1.3. Market Opportunities Innovative product development from industrial hemp Growing Trend of shopping on online platforms
Chapter 4. Global Hemp Seed 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
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Hemp Seed Market, by Product Type
5.1. Market Snapshot
5.2. Global Hemp Seed Market by Product Type, Performance – Potential Analysis
5.3. Global Hemp Seed Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
5.4. Hemp Seed Market, Sub Segment Analysis
5.4.1. Medical Hemp Seed
5.4.2. Auto Flowering Hemp Seed
5.4.3. Feminized Hemp Seed
5.4.4. Regular Hemp Seed
5.4.5. Others
Chapter 6. Global Hemp Seed Market, by Form
6.1. Market Snapshot
6.2. Global Hemp Seed Market by Form, Performance – Potential Analysis
6.3. Global Hemp Seed Market Estimates & Forecasts by Form 2020-2030 (USD Billion)
6.4. Hemp Seed Market, Sub Segment Analysis
6.4.1. Whole Hemp Seed
6.4.2. Shelled Hemp Seed
6.4.3. Hemp Seed Oil
6.4.4. Hemp Seed Protein
Chapter 7. Global Hemp Seed Market, by Packaging
7.1. Market Snapshot
7.2. Global Hemp Seed Market by Packaging, Performance – Potential Analysis
7.3. Global Hemp Seed Market Estimates & Forecasts by Packaging 2020-2030 (USD Billion)
7.4. Hemp Seed Market, Sub Segment Analysis
7.4.1. Pouches
7.4.2. Jars
7.4.3. Tins
7.4.4. Others

Chapter 8. Global Hemp Seed Market, by Application
8.1. Market Snapshot
8.2. Global Hemp Seed Market by Application, Performance – Potential Analysis
8.3. Global Hemp Seed Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
8.4. Hemp Seed Market, Sub Segment Analysis
8.4.1. Food
8.4.2. Tea and Hemp Juice
8.4.3. Hemp Sacks
8.4.4. Hemp Fibre
8.4.5. Others

Chapter 9. Global Hemp Seed Market, by Distribution Channel
9.1. Market Snapshot
9.2. Global Hemp Seed Market by Application, Performance – Potential Analysis
9.3. Global Hemp Seed Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
9.4. Hemp Seed Market, Sub Segment Analysis
9.4.1. Direct
9.4.2. Indirect

Chapter 10. Global Hemp Seed Market, Regional Analysis
10.1. Top Leading Countries
10.2. Top Emerging Countries
10.3. Hemp Seed Market, Regional Market Snapshot
10.4. North America Hemp Seed Market
10.4.1. U.S. Hemp Seed Market Product Type breakdown estimates & forecasts, 2020-2030 Form breakdown estimates & forecasts, 2020-2030 Packaging breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030
10.4.2. Canada Hemp Seed Market
10.5. Europe Hemp Seed Market Snapshot
10.5.1. U.K. Hemp Seed Market
10.5.2. Germany Hemp Seed Market
10.5.3. France Hemp Seed Market
10.5.4. Spain Hemp Seed Market
10.5.5. Italy Hemp Seed Market
10.5.6. Rest of Europe Hemp Seed Market
10.6. Asia-Pacific Hemp Seed Market Snapshot
10.6.1. China Hemp Seed Market
10.6.2. India Hemp Seed Market
10.6.3. Japan Hemp Seed Market
10.6.4. Australia Hemp Seed Market
10.6.5. South Korea Hemp Seed Market
10.6.6. Rest of Asia Pacific Hemp Seed Market
10.7. Latin America Hemp Seed Market Snapshot
10.7.1. Brazil Hemp Seed Market
10.7.2. Mexico Hemp Seed Market
10.8. Middle East & Africa Hemp Seed Market
10.8.1. Saudi Arabia Hemp Seed Market
10.8.2. South Africa Hemp Seed Market
10.8.3. Rest of Middle East & Africa Hemp Seed Market

Chapter 11. Competitive Intelligence
11.1. Key Company SWOT Analysis
11.1.1. Company 1
11.1.2. Company 2
11.1.3. Company 3
11.2. Top Market Strategies
11.3. Company Profiles
11.3.1. BAFA Neu GmbH Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.3.2. Canah International Srl
11.3.3. Deep Nature Project GmbH
11.3.4. Fresh Hemp Foods Ltd
11.3.5. Hemp Oil Canada Inc.
11.3.6. Hemp flax Group B.V
11.3.7. North American Hemp & Grain Co Ltd.
11.3.8. GFR Ingredients Inc.
11.3.9. Hempco Food and Fiber Inc.
11.3.10. Liaoning Qiaopai Biotech Co Ltd.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now