How Big Is the Hemp Protein Market | Segmentation & Analysis 2031

Q: What is the current size of the hemp protein market?

The hemp protein market was was valued at USD 0.5 Billion in 2024 and is expected to reach USD 0.9 Billion by 2031,

Q: What is the growth rate of the hemp protein market?

The market is anticipated to grow at a CAGR of 10.4% between 2025 and 2031.

Q: Which products contribute the most to the hemp protein market?

Hemp protein powders, nutrition bars, and fortified snacks are key contributors.

Q: What is driving demand in the hemp protein market?

Demand is driven by plant-based nutrition trends, fitness culture, and clean-label protein alternatives.

Q: What challenges does the hemp protein market face?

Challenges include limited consumer awareness, higher costs compared to soy or whey, and taste/texture optimization.

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6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA6143

Publication Date: Jul 2025

How big is the Hemp Protein Market?

According to 6Wresearch internal database and industry insights, the Global Hemp Protein Market was valued at USD 0.5 Billion in 2024 and is expected to reach USD 0.9 Billion by 2031, growing at a compound annual growth rate of 6.40% during the forecast period (2025-2031).

The market is growing steadily due to the rising popularity of plant-based diets, increasing demand for clean-label proteins, and hemp’s high nutritional value.

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Key Growth Drivers of the Hemp Protein Market

Rising adoption of vegan and vegetarian lifestyles
Increased focus on high-protein, allergen-free dietary supplements
Growing awareness of hemp’s complete amino acid profile and digestibility
Expansion of fitness and wellness industry driving demand for alternative proteins
Regulatory ease in cultivation and processing of industrial hemp

Hemp Protein Market Trends

Hemp Protein Market is witnessing increased popularity in sports nutrition, clean-label food formulations, and vegan dietary supplements. Rising health consciousness, along with the demand for allergen-free and sustainable protein sources, is fueling market expansion. Manufacturers are focusing on improving taste, texture, and mixability of hemp protein to enhance consumer acceptance. Growing awareness of hemp's nutritional value, including its rich amino acid and fiber content, is also driving its use across functional foods and wellness products.

Emerging Developments in the Hemp Protein Market

New segments are coming up such as adding hemp protein to protein bars, ready-to-drink nutrition drinks, non-dairy products and a combination of hemp protein with pea protein or rice protein. Firms are also, slowly moving towards sustainable sourcing and nature-friendly packaging that would lure environmentally-sensitive customers. The competition is also being formed via strategic ventures with qualified organic growers of hemp and pioneering advancement in protein extraction procedures.