12% CAGR growth in the hemp-based food market due to the growing vegan population and cases of celiac disease

The hemp-based food market is fragmented and the degree of fragmentation will accelerate over the forecast period. Although the growing vegan population and cases of celiac disease offer immense growth opportunities, the effects of natural disasters and adverse weather conditions, the threat of substitutes, as well as product recalls and cross-contamination will challenge market participants’ growth. To make the most of the opportunities, market providers should focus more on the growth prospects in the fast growing segments and maintain their positions in the slow growing segments.

Hemp Based Food Market 2020-2024: Segmentation

  • product
    • Hemp seed based foods
    • Hemp protein based foods
    • Hemp oil based foods
  • geography
    • North America
    • Europe
    • APAC
    • South America
    • MY

To learn more about market segmentation, download a free sample

Hemp Based Food Market 2020-2024: Scope

Technavio presents a detailed picture of the market through study, synthesis and summation of data from multiple sources. Our Hemp Based Food Market report covers the following areas:

Hemp Based Food Market 2020-2024: Vendors Analysis

We provide in-depth analysis of the vendors operating in the Hemp-Based Food market including Aurora Cannabis Inc., Bombay Hemp Company Pvt. Ltd., Boring Hemp Co., CANAH INTERNATIONAL Srl, Canopy Growth Corp., Hemp Juice Company BV, HempFlax Group BV, Hudson River Foods, North American Hemp and Grain Co. and Nutiva Inc. Backed by competitive intelligence and benchmarking, ours is the Hemp Based Food market research report is designed to provide entry-level guidance, customer profile and M & As, as well as go-to-market strategy assistance.

Subscribe to our “Lite Plan” which is billed annually at USD 3000 this allows 3 reports / year to be downloaded and 3 reports / month to be displayed.

Hemp-Based Food Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • – Detailed information on factors that will support the growth of the Hemp-Based Food market over the next five years
  • Estimate the Hemp-Based Food market size and its contribution to the parent market
  • Predicting upcoming trends and changes in consumer behavior
  • The growth of the hemp-based food market
  • Analysis of the competitive landscape of the market and detailed information on providers
  • – Full Disclosure of Factors Challenging Growth in Hemp Based Food market vendors

Related reports:

CBD Oil Market by Product and Geography – Forecast and Analysis 2021-2025

Milk Alternatives Market by Product and Geography – Forecast and Analysis 2021-2025

Hemp-Based Food Market Size


Report coverage

details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth dynamics & CAGR

Accelerate with a CAGR of almost 12%

Market growth 2020-2024

$ 364.98 million

Market structure

Fragmented

YoY Growth (%)

5.32

Regional analysis

North America, Europe, APAC, South America and MEA

Contribute to the market

North America at 35%

Important consumer countries

USA, China, Germany, Canada, France and South
Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, level of consumer engagement

Company profile

Aurora Cannabis Inc., Bombay Hemp Company Pvt. Ltd., Boring Hemp Co., CANAH INTERNATIONAL Srl, Canopy Growth Corp., Hemp Juice Company BV, HempFlax Group BV, Hudson River Foods, North American Hemp and Grain Co. and Nutiva Inc.

Market dynamics

Overarching market analysis, market growth factors and barriers, fast growing and slow growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period

Adjustment area

If our report doesn’t contain the data you are looking for, you can contact our analysts and customize segments.

about us

Technavio is a leading global technology research and consulting company. Her research and analysis focuses on trends in emerging markets and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and includes more than 800 technologies in 50 countries. Her customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive coverage, extensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive position in changing market scenarios.

Contact

Technavio research
Jesse Maida
Media and Marketing Director
USA: +1 844 364 1100
UK: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/

SOURCE Technavio

similar links

http://technavio.com/