Hemp-Based Food Market Trends and Demand Forecast 2025-2033

# Hemp-Based Food Market Trends and Demand Forecast 2025-2033 Market Overview: The Hemp-Based Food Market is experiencing significant expansion, driven by Increasing Health and Wellness Awareness, Expansion of Legalization and Regulation and Sustainability and Environmental Concerns. According to IMARC Group's latest research publication, "Hemp-Based Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", offers a comprehensive analysis of the industry, which comprises insights on the global <a href="https://www.imarcgroup.com/hemp-based-food-market">hemp-based food market share</a>. The market size reached USD 1.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.8 Billion by 2033, exhibiting a growth rate (CAGR) of 12.69% during 2025-2033. This detailed analysis primarily encompasses industry size, business trends, market share, key growth factors, and regional forecasts. The report offers a comprehensive overview and integrates research findings, market assessments, and data from different sources. It also includes pivotal market dynamics like drivers and challenges, while also highlighting growth opportunities, financial insights, technological improvements, emerging trends, and innovations. Besides this, the report provides regional market evaluation, along with a competitive landscape analysis. Grab a sample PDF of this report:<a href="https://www.imarcgroup.com/hemp-based-food-market/requestsample"> https://www.imarcgroup.com/hemp-based-food-market/requestsample</a> Our Report Includes: <ul> <li style="font-weight: 400;">Market Dynamics</li> <li style="font-weight: 400;">Market Trends and Outlook</li> <li style="font-weight: 400;">Competitive Analysis</li> <li style="font-weight: 400;">Industry Segmentation</li> <li style="font-weight: 400;">Strategic Recommendations</li> </ul> Growth Factors in the Hemp-Based Food Industry: <ul> <li style="font-weight: 400;">Increasing Health and Wellness Awareness</li> </ul> The growing awareness about health and wellness represents one of the key factors influencing the market positively. The market is growing due to the general public's increasing health consciousness about the significance of the nutritional content of the food items they consume. Food items that are derived from hemp such hemp oil and seeds have high levels of protein, vitamins, and important nutrients like omega-3 and omega-6 fatty acids. The industry is expanding because of the rising popularity of vegetarianism and veganism diets. People are preferring plant-based protein sources and functional food items. Rising preferences for natural and organic products are catalyzing the hemp-based food demand. The health and wellness market was valued at USD 3,670.4 Billion in 2023 across the globe, demonstrating the significant consumer shift toward healthier lifestyle choices. <ul> <li style="font-weight: 400;">Expansion of Legalization and Regulation</li> </ul> The legalization of hemp cultivation and the relaxation of regulations about hemp-derived products shows another growth-inducing factor of the market. Governing agencies of numerous countries are updating their laws to permit the sale as well as production of hemp-based items. This shifting legal environment is spurring innovation, investment, and product development. The removal of trade restrictions in various countries is motivating food players to include hemp ingredients in their products. Legalization is encouraging companies to engage in diverse kinds of partnerships. Burcon NutraScience Corporation partnered with HPS Food and Ingredients Inc. on July 5, 2023, to explore the commercialization of unique high purity and soluble hempseed protein isolate, taking advantage of the growing trend of the hempseed protein market. <ul> <li style="font-weight: 400;">Sustainability and Environmental Concerns</li> </ul> The increasing focus on sustainability and environmental consciousness is encouraging people to seek out alternative and eco-friendly food sources. Compared to many traditional crops, hemp farming uses less water and pesticides, making it an eco-friendlier choice. Rising environmental concerns associated with the food processing industry are catalyzing the demand for food items having a reduced ecological footprint. A large number of companies are minimizing their carbon footprint by using sustainable packaging solutions like compostable and biodegradable materials. Hemperella launched an innovative new line of hemp-based superfood products on April 18, 2023, in 900 LIDL stores across Poland and 400 LIDL stores throughout the Netherlands, becoming the leading hemp Superfood brand for consumers who want to maintain a healthy lifestyle. Key Trends in the Hemp-Based Food Market <ul> <li style="font-weight: 400;">Growing Adoption in Veganism and Plant-Based Diets</li> </ul> The emerging adoption of veganism, along with the growing utilization of hemp-based food items in several commercial food dishes, such as burgers, tea, coffee, shakes, etc., owing to their various nutritional benefits, is driving market growth. Hemp-based products provide essential amino acids and are rich in protein, making them ideal alternatives for consumers following plant-based diets. The versatility of hemp ingredients allows food manufacturers to incorporate them into diverse product categories, from beverages to baked goods. <ul> <li style="font-weight: 400;">Shift Toward Online Retail Channels</li> </ul> The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of hemp-based food products. This trend continues to strengthen as consumers appreciate the convenience, wider product selection, and detailed product information available through e-commerce platforms. Online stores provide consumers with easy access to specialty hemp-based products that may not be available in traditional retail locations. <ul> <li style="font-weight: 400;">Innovation in Product Development</li> </ul> Manitoba Harvest Hemp Foods introduced its latest hemp-based food innovations on March 13, 2024, at the Natural Products Expo West. The event featured the company's new Superseed Oatmeal and a Bioactive Fiber product aimed at supporting gut health. These oatmeals are blended with hemp hearts and flax to provide a source of protein, fiber, and omega fatty acids. Such innovations demonstrate the industry's focus on creating functional food products that address specific health needs while maintaining nutritional excellence. Leading Companies Operating in the Global Hemp-Based Food Industry: <ul> <li style="font-weight: 400;">Hempfoods Ltd.</li> <li style="font-weight: 400;">Tilray, Inc.</li> <li style="font-weight: 400;">GFR Ingredients</li> <li style="font-weight: 400;">Hemp Foods Australia Pty Ltd</li> <li style="font-weight: 400;">Aurora Cannabis Inc.</li> <li style="font-weight: 400;">Naturally Splendid Enterprises Ltd.</li> <li style="font-weight: 400;">Isodiol International Inc</li> <li style="font-weight: 400;">Navitas LLC</li> <li style="font-weight: 400;">Nutiva</li> <li style="font-weight: 400;">T12 Holdings Pty Ltd.</li> </ul> Hemp-Based Food Market Report Segmentation: Breakup by Product: <ul> <li style="font-weight: 400;">Hemp Protein Powder</li> <li style="font-weight: 400;">Hemp Seed Oil</li> <li style="font-weight: 400;">Hemp Seeds</li> <li style="font-weight: 400;">Others</li> </ul> Hemp seeds represented the largest segment due to their essential nutrients like fatty acids, protein, and fiber. Their balanced ratio of omega-3 and omega-6 promotes individuals' general health. These seeds are very simple to use in a variety of recipes and appeal to a broader spectrum of consumers due to their ability to be eaten raw, cooked, or roasted. Breakup by Distribution Channel: <ul> <li style="font-weight: 400;">Supermarkets and Hypermarkets</li> <li style="font-weight: 400;">Convenience Stores</li> <li style="font-weight: 400;">Online Stores</li> <li style="font-weight: 400;">Others</li> </ul> Supermarkets and hypermarkets accounted for the largest market share due to excellent visibility and one-stop shopping experience. These retail establishments use a variety of marketing and promotional strategies including loyalty programs, bundled offers, and discounts. They facilitate easy access to a larger range of consumers and feature a wide range of products including oils, seeds, and ready-to-eat snacks. Breakup by Region: <ul> <li style="font-weight: 400;">North America (United States, Canada)</li> <li style="font-weight: 400;">Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)</li> <li style="font-weight: 400;">Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)</li> <li style="font-weight: 400;">Latin America (Brazil, Mexico, Others)</li> <li style="font-weight: 400;">Middle East and Africa</li> </ul> North America was the largest market for hemp-based food due to the presence of a robust supply chain at sourcing, manufacturing, and distributing hemp-based food items. The region has a well-established regulatory environment for hemp cultivation and product development, which creates a more secure landscape for investors and manufacturers. Rising health consciousness among North American consumers is driving the demand for all-natural and nutrient-rich foods. Leading Companies Operating in the Global Hemp-Based Food Industry: <ul> <li style="font-weight: 400;">Hempfoods Ltd.</li> <li style="font-weight: 400;">Tilray, Inc.</li> <li style="font-weight: 400;">GFR Ingredients</li> <li style="font-weight: 400;">Hemp Foods Australia Pty Ltd</li> <li style="font-weight: 400;">Aurora Cannabis Inc.</li> <li style="font-weight: 400;">Naturally Splendid Enterprises Ltd.</li> <li style="font-weight: 400;">Isodiol International Inc</li> <li style="font-weight: 400;">Navitas LLC</li> <li style="font-weight: 400;">Nutiva</li> <li style="font-weight: 400;">T12 Holdings Pty Ltd.</li> </ul> Hemp-Based Food Market Report Segmentation: By Product: <ul> <li style="font-weight: 400;">Hemp Protein Powder</li> <li style="font-weight: 400;">Hemp Seed Oil</li> <li style="font-weight: 400;">Hemp Seeds</li> <li style="font-weight: 400;">Others</li> </ul> Hemp seeds represent the largest segment due to their versatility and easy availability. By Distribution Channel: <ul> <li style="font-weight: 400;">Supermarkets and Hypermarkets</li> <li style="font-weight: 400;">Convenience Stores</li> <li style="font-weight: 400;">Online Stores</li> <li style="font-weight: 400;">Others</li> </ul> Supermarkets and hypermarkets account for the majority of the market share as they offer a wide variety of hemp-based food items. Regional Insights: <ul> <li style="font-weight: 400;">North America: (United States, Canada)</li> <li style="font-weight: 400;">Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)</li> <li style="font-weight: 400;">Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)</li> <li style="font-weight: 400;">Latin America: (Brazil, Mexico, Others)</li> <li style="font-weight: 400;">Middle East and Africa</li> </ul> North America’s dominance in the hemp-based food market is attributed to easy availability of various hemp-based food products in various retail shops and on e-commerce platforms. Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations. About Us: IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. Contact Us: IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: sales@imarcgroup.com Tel No:(D) +91 120 433 0800 United States: +1–201971–6302