123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Food,-Cooking-and-Drink >> View Article

Unlocking The Potential: The Industrial Hemp Market

Profile Picture
By Author: MarketsandMarkets
Total Articles: 281
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

The global industrial hemp market is on an impressive trajectory, with its estimated value reaching USD 6.8 billion in 2022 and projected to soar to USD 18.1 billion by 2027, marking a remarkable CAGR of 21.6% in terms of value. What's driving this growth? Let's dive in!

Hemp in the Food & Beverage Industry

One of the prime catalysts for this surge is the surging usage of hemp seeds in a wide array of food and beverage products. From cereals to yogurts, protein powders to hemp milk, the versatility of hemp as a nutrient-rich ingredient is turning heads in the F&B sector.

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=84188417

Key Features of the Industrial Hemp Market

Behind this flourishing market lie several key features:

• Legalization and Deregulation: Many countries are easing restrictions on hemp cultivation, ensuring a steady supply of raw materials.
• Demand ...
... for Hemp-based Products: Textiles, paper, and building materials crafted from hemp are experiencing a high demand.
• Technological Advancements: Innovations in cultivation and processing are reducing costs and boosting efficiency.
• Sustainability: Hemp's minimal water and pesticide requirements make it an eco-friendly alternative to traditional crops.
• Food & Beverage Marvel: Hemp's journey into the F&B industry, particularly through hemp seeds and hemp oil, is reshaping menus worldwide.

Hemp in Food & Beverage: A Versatile Player

Within this sector, hemp is taking the lead in food and beverage applications. Here's why:

• Nutrient Powerhouse: Hemp packs essential fatty acids, vitamins, and minerals, making it a valuable addition to various food products.
• Plant-based Protein: The global rise of veganism is boosting demand for hemp-based processed foods like bars, snacks, and cheese.
• Digestive Health: Hemp's digestible fiber content is enhancing its role in food products, promoting better digestion.
• Hemp Snacking: Popular products like hemp tortilla chips, corn chips, and hemp hearts are making waves in the snacking world.
• Breakfast of Champions: Nutrient-rich hemp cereal is gaining traction, offering a wholesome start to the day.
• Post-exercise Fuel: Hemp snacks, with their high protein content, are becoming favored post-workout options.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=84188417

Europe Leads the Way

When it comes to growth in the industrial hemp market, Europe takes the spotlight. Here's why:

• Hemp in F&B: Hemp seed and hemp seed oil are making their mark in European food, beverages, dietary supplements, and personal care products.
• Diverse Applications: Hemp fiber finds applications in automotive and construction materials for insulation and soundproofing.
• Popular Food Choice: The consumption of hemp seeds in food products such as smoothies, yogurt, cereals, and bars is thriving.
• Regional Demand: Countries like Germany and the Netherlands are witnessing soaring demand for hemp-based products.
• The industrial hemp market is not just a rising star; it's a transformative force shaping industries and menus. Stay tuned as this journey unfolds, offering sustainable and innovative solutions to the world!

Total Views: 211Word Count: 438See All articles From Author

Add Comment

Food, Cooking and Drink Articles

1. Why Skinny Popped Popcorn Is The Best Healthy Snack Option
Author: Popsalot

2. Agmark Pure Ghee
Author: AAC Ghee

3. Dtc Food Market Forecast: From Subscription Boxes To Premium Snacks
Author: Shreya

4. Indian Restaurant In Brampton – 7 Spice Bistro
Author: Bardo

5. How Do Energy Drinks Affect Your Heart And Health?
Author: Impaakt Magazine

6. Unlocking The Quality Of Milled Potato Flakes – Fanidhar Potato Flakes, The Best Manufacturer In India
Author: Fanidhar

7. Future Of Farming: Latin America Irrigation Equipment Market Analysis & Trends 2025–2032
Author: Suvarna

8. Global Fruit And Vegetable Ingredients Market – Growth Drivers And Innovation Trends
Author: Suvarna

9. A Food Lover’s Travel Guide To Bangkok
Author: Little Liz

10. Cheesiest Creations: A Must-try List For Cheese Lovers This Monsoon
Author: Moksha Sajnani

11. Best Restaurants In Agra Near Taj Mahal
Author: Agra, the city of the Taj Mahal, is also famous fo

12. The Future Of Superfoods: Market Growth, Health Trends & Opportunities
Author: Suvarna

13. Mughlai Food In Agra
Author: When you think of Mughlai food in Agra, the first

14. Best 10 Minute Dinner Recipes For Beginners: Fast & Flavorful Cooking Tips
Author: Next Delicious

15. Best Mughlai Restaurant In Agra
Author: Agra, the city of the Taj Mahal, is also famous fo

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: