How big is the Hemp Food Market?
According to 6Wresearch internal database and industry insights, the hemp food market was valued at approximately USD 7.1 billion in 2024 and is projected to reach USD 15.6 billion by 2031, growing at a CAGR of 10.4% during the forecast period.
The market is witnessing steady expansion, attributed to rising demand for plant-based nutrition, growing awareness of hemp’s health benefits, and favorable regulatory changes enabling hemp cultivation and processing for food applications.
Key Growth Drivers of the Hemp Food Market
- Growing popularity of plant-based and vegan diets across global regions
- Rising consumer awareness of the nutritional profile of hemp seeds, oils, and proteins
- Favorable policy support for hemp farming and its use in food manufacturing
- Expansion of application in functional foods, snacks, beverages, and dietary supplements
- Increased availability through online retail and health-focused distribution channels
Hemp Food Market Trends
The hemp food market is seeing increasing demand for organic and clean-label hemp-based products. Manufacturers are introducing hemp protein powders, hemp milk, and ready-to-eat snacks targeting health-conscious consumers. Sustainability trends are influencing the use of eco-friendly packaging and responsible sourcing practices. There is also a surge in fortified hemp formulations enriched with vitamins, omega-3, and fiber for added wellness benefits.
Emerging Developments in the Hemp Food Market
Improvement on cold-press technology is aiding in the conservation of nutrients content in hemp oils and powders. New businesses and old are pumping the research and development funds to create hemp-based dairy alternatives and high-protein snack forms. There is an increasing international trade of hemp food through more evident world laws. The hemp innovated products include hemp-based cereals, functional bars, spreads, and energy drinks.
Major Companies in the Hemp Food Market
- Manitoba Harvest
- Nutiva Inc.
- Hemp Foods Australia Pty Ltd
- Elixinol Global Ltd
- The Hain Celestial Group
- Bobs Red Mill Natural Foods
- Just Hemp Foods
- Nature’s Path Foods
- Z-Company
- Navitas Organics
How big is the hemp food market :FAQ's
The hemp food market was valued at approximately USD 7.1 billion in 2024 and is projected to reach USD 15.6 billion by 2031
The market is anticipated to grow at a CAGR of 10.4% between 2025 and 2031.
Hemp seeds, protein powders, oils, and hemp-based snacks are major contributors.
Demand is driven by rising health consciousness, plant-based diet trends, and favorable regulations.
Challenges include consumer misconceptions about hemp, pricing pressures, and regulatory differences across regions.
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