According to a market report by Lucintel, the future of the global hemp protein market looks promising with opportunities in the food & beverage and supplement markets. The global hemp protein market is expected to reach an estimated $294 million by 2035 with a CAGR of 5.6% from 2026 to 2035. The major drivers for this market are the increasing demand for plant based protein powders, the rising use of hemp in functional foods, and the growing adoption of sustainable protein alternatives.
A more
than 150-page report to understand trends, opportunity and forecast in global hemp
protein market to 2035 by source (organic and conventional), application (food
& beverage and supplements), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
Lucintel
forecasts that, within the source category, conventional is expected to witness
higher growth over the forecast period due to lower costs and wider
availability drive faster market adoption.
Within the
application category, food & beverage is expected to witness the highest
growth due to rising plant-based nutrition demand boosts hemp protein
consumption.
Download
sample by clicking on hemp protein market.
In terms
of regions, North America is expected to witness the highest growth over the
forecast period due to strong consumer demand and mature hemp industry
accelerate growth.
Axiom
Foods Inc., Manitoba Harvest Hemp Foods, Martin Bauer Group, ETChem, Tilray
Brands Inc., Fresh Hemp Foods Ltd., North American Hemp & Grain Co. Ltd.,
Victory Hemp Foods, Navitas LLC, Canah International are the major suppliers in
the hemp protein market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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