Hemp seed has outstandingly significant levels of the amino corrosive arginine. Hempseed regularly contains over 30% oil and about 25% protein, with extensive measures of dietary fiber, nutrients and minerals. Hempseed has been utilized to treat different problems for a great many years in customary oriental medication. Ongoing clinical preliminaries have distinguished hempseed oil as an utilitarian food, and creature taking care of studies show the long-standing utility of hempseed as a significant food asset. Improved financial conditions in all around created nations alongside rising extra cash because of which purchasers have demonstrated eagerness to spend on food items that are wealthy in hemp proteins in order to keep up their wellbeing are the components driving the worldwide hemp seed protein market development.
MARKET DYNAMICS
The hemp is called superfood attributable to the rich wellspring of basic amino acids. It is a side-effect of hemp seeds containing an appropriate parity of oil, protein and sugars. Hemp protein powders can contain various measures of fiber relying upon whether they were produced using hulled or unhulled hemp seeds and whether extra fiber was included. Most hemp protein powders contain 7-8 grams of fiber for every 1/4 cup (30 grams) and give 18-28% of the suggested day by day admission (RDI) of fiber for people separately. When contrasted with other plant-based protein powders, for example, soy, pea and rice are exceptionally refined and contain almost no fiber. Hemp protein powder is an incredible method to add both protein and fiber to the eating regimen. Studies have indicated that burning-through plant-based protein can help in lessening the danger of sicknesses, for example, cardiovascular illnesses and malignancy. Additionally, it has different advantages, for example, invulnerable framework sponsor, weight suppressant, and its capacity to bring down pulse and cholesterol. Developing interest from food and refreshments, drugs industry is relied upon to drive the market during the conjecture time frame
MARKET SCOPE
The "Global Hemp Seed Protein Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the hemp seed protein market with detailed market segmentation by form, application and geography. The global hemp seed protein market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hemp seed protein market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global hemp seed protein market is segmented into form and application. On the basis of form, the hemp seed protein market is bifurcated into liquid and powder. Based on application the market is classified into food and beverages, personal care & cosmetics, nutraceuticals, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global hemp seed protein market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The hemp seed protein market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the hemp seed protein market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the hemp seed protein market in these regions.
MARKET PLAYERS
The reports cover key developments in the hemp seed protein market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from hemp seed protein market are anticipated to lucrative growth opportunities in the future with the rising demand for hemp seed protein in the global market. Below mentioned is the list of few companies engaged in the hemp seed protein market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hemp seed protein market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Hemp Oil Canada
- Navitas Organics
- NOW Foods
- North American Hemp & Grain
- Manitoba Harvest
- GFR Ingredients
- Z-Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.