Hemp-Based Food Market - Global Industry Analysis

Name: Hemp-Based Food Market By Product (Hemp Seed Oil, Hemp Protein Powder, Whole Hemp Seed, Hulled Hemp Seed, and Others) and By Distribution Channel (Supermarket Stores, Convenience Stores, Hypermarket Stores, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026
Brand: Zion Market Research
SKU: ZMR-3917
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Hemp-Based Food Market By Product (Hemp Seed Oil, Hemp Protein Powder, Whole Hemp Seed, Hulled Hemp Seed, and Others) and By Distribution Channel (Supermarket Stores, Convenience Stores, Hypermarket Stores, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026

Published Date: 28-May-2019 Category: Food & Beverage Report Format : PDF Pages: 110 Report Code: ZMR-3917 Status : Published

Global hemp-based food market expected to generate around USD 4.89 billion by 2026, at a CAGR of around 6.2% between 2019 and 2026. The global hemp-based food market is likely to experience notable growth in the future, owing to the increasing product demand from the food and beverage.

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Description

The report covers a forecast and an analysis of the hemp-based food market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2026 based on volume (Kilotons) and revenue (USD Billion). The study includes drivers and restraints of the hemp-based food market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the hemp-based food on a global level.

In order to give the users of this report a comprehensive view of the hemp-based food market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Hemp-Based Food Market

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and the product portfolio of various companies according to the region.

The study provides a decisive view of the hemp-based food market by segmenting it based on the product, distribution channel, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2026. The regional segment includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. This segmentation also includes the demand for major countries like the UK, Germany, France, the U.S., India, Brazil, South Africa, and China.

Some major players operating in the global hemp-based food market are Agropro, Nutiva, Hempco, Manitoba Harvest, Canada Hemp Foods, Elixinol, Braham & Murray, Healthy Brands Collective, Laguna Blends, The Cool Hemp Company, Hemp Foods Australia, Mettrum Originals, and Jinzhou Qiaopai Biotech.

This report segments the global hemp-based food market into:

Global Hemp-Based Food Market: Product Analysis

Hemp Seed Oil
Hemp Protein Powder
Whole Hemp Seed
Hulled Hemp Seed
Others

Global Hemp-Based Food Market: Distribution Channel Analysis

Supermarket Stores
Convenience Stores
Hypermarket Stores
Others

Global Hemp-Based Food Market: Regional Analysis

North America
- The U.S.
Europe
- UK
- France
- Germany
Asia Pacific
- China
- Japan
- India
Latin America
- Brazil
Middle East and Africa

Table Of Content

Chapter 1. Introduction
- 1.1. Report description
  - 1.1.1. Objective
  - 1.1.2. Target Audience
  - 1.1.3. Unique Selling Proposition (USP) & Offerings
- 1.2. Research scope
- 1.3. Market Research Methodology
  - 1.3.1. Level 1: Primary Research
  - 1.3.2. Level 2: Secondary Research
  - 1.3.3. Level 3: Data Validation and Expert Panel Assessment
Chapter 2. Executive Summary
- 2.1. Global Hemp-Based Food market, 2016-2026 (Kilotons) (USD Billion)
- 2.2. Global Hemp-Based Food market: Snapshot
Chapter 3. Hemp-Based Food Market - Industry Dynamics
- 3.1. Introduction
  - 3.1.1. Classification of Hemp-Based Food
  - 3.1.2. Key trend analysis
- 3.2. Market Drivers
  - 3.2.1. Consumer preference for hemp-based food products
- 3.3. Market Restraints
  - 3.3.1. The high cost of raw materials
- 3.4. Opportunities
  - 3.4.1. Increasing product demand in the food and beverage industry
- 3.5. Porter's Five Forces Analysis
- 3.6. Attractiveness Investment Proposition
  - 3.6.1. Market attractiveness analysis by Product
  - 3.6.2. Market attractiveness analysis by Distribution Channel
  - 3.6.3. Market attractiveness analysis by Region
  - 3.6.4. Hemp-Based Food Market Country Ranking by Market Size, 2018
  - 3.6.5. Hemp-Based Food Market Country Ranking by CAGR, 2019-2026
Chapter 4. Global Hemp-Based Food Market - Competitive Landscape
- 4.1. Company market share analysis, 2018 (subject to data availability)
- 4.2. Strategic Development
  - 4.2.1. Acquisitions & Mergers
  - 4.2.2. New Products Launch
  - 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures, and Key Growth Strategies
- 4.3. Research and Development and Regional Expansion
- 4.4. List of Emerging Companies
Chapter 5. Global Hemp-Based Food Market - Marketing Strategy Analysis
- 5.1. Marketing Channels
- 5.2. Pricing Analysis
- 5.3. Target Client
- 5.4. Consumer Preference Trends
- 5.5. PESTEL Analysis
- 5.6. SWOT Analysis
Chapter 6. Global Hemp-Based Food Market - Value Chain Analysis
- 6.1. Value Chain Analysis
- 6.2. Upstream Analysis
- 6.3. Downstream Analysis
- 6.4. Import/Export Analysis
Chapter 7. Global Hemp-Based Food Market: Product Analysis
- 7.1. Global Hemp-Based Food market: Product analysis
  - 7.1.1. Global Hemp-Based Food Market share by Product segment, 2018 and 2026
- 7.2. Hemp Seed Oil
  - 7.2.1. Overview
  - 7.2.2. Global Hemp Seed Oil Market, 2016-2026 (Kilotons) (USD Billion)
- 7.3. Hemp Protein Powder
  - 7.3.1. Overview
  - 7.3.2. Global Hemp Protein Powder Market, 2016-2026 (Kilotons) (USD Billion)
- 7.4. Whole Hemp Seed
  - 7.4.1. Overview
  - 7.4.2. Global Whole Hemp Seed Market, 2016-2026 (Kilotons) (USD Billion)
- 7.5. Hulled Hemp Seed
  - 7.5.1. Overview
  - 7.5.2. Global Hulled Hemp Seed Market, 2016-2026 (Kilotons) (USD Billion)
- 7.6. Others
  - 7.6.1. Overview
  - 7.6.2. Global Others Market, 2016-2026 (Kilotons) (USD Billion)
Chapter 8. Global Hemp-Based Food Market: Distribution Channel Analysis
- 8.1. Global Hemp-Based Food market: Distribution Channel overview
  - 8.1.1. Global Hemp-Based Food Market share by Distribution Channel, 2018 and 2026
- 8.2. Supermarket Stores
  - 8.2.1. Overview
  - 8.2.2. Global Supermarket Stores Market, 2016-2026 (Kilotons) (USD Billion)
- 8.3. Convenience Stores
  - 8.3.1. Overview
  - 8.3.2. Global Convenience Stores Market, 2016-2026 (Kilotons) (USD Billion)
- 8.4. Hypermarket Stores
  - 8.4.1. Overview
  - 8.4.2. Global Hypermarket Stores Market, 2016-2026 (Kilotons) (USD Billion)
- 8.5. Others
  - 8.5.1. Overview
  - 8.5.2. Global Others Market, 2016-2026 (Kilotons) (USD Billion)
Chapter 9. Global Hemp-Based Food Market: Regional Analysis
- 9.1. Global Hemp-Based Food Market: Regional overview
  - 9.1.1. Global hemp-based food market share by region, 2018 and 2026
- 9.2. North America
  - 9.2.1. Overview
  - 9.2.2. North America Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
  - 9.2.3. North America Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
  - 9.2.4. North America Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
  - 9.2.5. North America Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.2.6. The U.S.
    - 9.2.6.1. The U.S. Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.2.6.2. The U.S. Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.2.6.3. The U.S. Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.2.6.4. The U.S. Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.2.7. Rest of North America
    - 9.2.7.1. Rest of North America Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.2.7.2. Rest of North America Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.2.7.3. Rest of North America Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.2.7.4. Rest of North America Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
- 9.3. Europe
  - 9.3.1. Overview
  - 9.3.2. Europe Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
  - 9.3.3. Europe Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
  - 9.3.4. Europe Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
  - 9.3.5. Europe Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.3.6. Germany
    - 9.3.6.1. Germany Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.3.6.2. Germany Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.3.6.3. Germany Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.3.6.4. Germany Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.3.7. UK
    - 9.3.7.1. UK Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.3.7.2. UK Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.3.7.3. UK Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.3.7.4. UK Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.3.8. France
    - 9.3.8.1. France Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.3.8.2. France Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.3.8.3. France Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.3.8.4. France Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.3.9. Spain
    - 9.3.9.1. Spain Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.3.9.2. Spain Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.3.9.3. Spain Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.3.9.4. Spain Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.3.10. Italy
    - 9.3.10.1. Italy Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.3.10.2. Italy Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.3.10.3. Italy Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.3.10.4. Italy Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.3.11. Rest of Europe
    - 9.3.11.1. Rest of Europe Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.3.11.2. Rest of Europe Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.3.11.3. Rest of Europe Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.3.11.4. Rest of Europe Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
- 9.4. Asia Pacific
  - 9.4.1. Overview
  - 9.4.2. Asia Pacific Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
  - 9.4.3. Asia Pacific Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
  - 9.4.4. Asia Pacific Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
  - 9.4.5. Asia Pacific Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.4.6. China
    - 9.4.6.1. China Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.4.6.2. China Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.4.6.3. China Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.4.6.4. China Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.4.7. Japan
    - 9.4.7.1. Japan Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.4.7.2. Japan Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.4.7.3. Japan Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.4.7.4. Japan Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.4.8. India
    - 9.4.8.1. India Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.4.8.2. India Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.4.8.3. India Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.4.8.4. India Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.4.9. Southeast Asia
    - 9.4.9.1. Southeast Asia Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.4.9.2. Southeast Asia Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.4.9.3. Southeast Asia Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.4.9.4. Southeast Asia Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.4.10. Rest of Asia Pacific
    - 9.4.10.1. Rest of Asia Pacific Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.4.10.2. Rest of Asia Pacific Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.4.10.3. Rest of Asia Pacific Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.4.10.4. Rest of Asia Pacific Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
- 9.5. Latin America
  - 9.5.1. Overview
  - 9.5.2. Latin America Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
  - 9.5.3. Latin America Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
  - 9.5.4. Latin America Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
  - 9.5.5. Latin America Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.5.6. Brazil
    - 9.5.6.1. Brazil Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.5.6.2. Brazil Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.5.6.3. Brazil Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.5.6.4. Brazil Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.5.7. Rest of Latin America
    - 9.5.7.1. Rest of Latin America Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.5.7.2. Rest of Latin America Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.5.7.3. Rest of Latin America Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.5.7.4. Rest of Latin America Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
- 9.6. The Middle East and Africa
  - 9.6.1. Overview
  - 9.6.2. The Middle East and Africa Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
  - 9.6.3. The Middle East and Africa Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
  - 9.6.4. The Middle East and Africa Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
  - 9.6.5. The Middle East and Africa Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.6.6. GCC Countries
    - 9.6.6.1. GCC Countries Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.6.6.2. GCC Countries Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.6.6.3. GCC Countries Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.6.6.4. GCC Countries Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.6.7. South Africa
    - 9.6.7.1. South Africa Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.6.7.2. South Africa Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.6.7.3. South Africa Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.6.7.4. South Africa Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
  - 9.6.8. Rest of MEA
    - 9.6.8.1. Rest of MEA Hemp-Based Food Market Volume, by Product, 2016-2026 (Kilotons)
    - 9.6.8.2. Rest of MEA Hemp-Based Food Market Revenue, by Product, 2016-2026 (USD Billion)
    - 9.6.8.3. Rest of MEA Hemp-Based Food Market Volume, by Distribution Channel, 2016-2026 (Kilotons)
    - 9.6.8.4. Rest of MEA Hemp-Based Food Market Revenue, by Distribution Channel, 2016-2026 (USD Billion)
Chapter 10. Company Profile
- 10.1. Agropro
  - 10.1.1. Overview
  - 10.1.2. Financials
  - 10.1.3. Product portfolio
  - 10.1.4. Business strategy
  - 10.1.5. Recent developments
- 10.2. Nutiva
  - 10.2.1. Overview
  - 10.2.2. Financials
  - 10.2.3. Product portfolio
  - 10.2.4. Business strategy
  - 10.2.5. Recent developments
- 10.3. Hempco
  - 10.3.1. Overview
  - 10.3.2. Financials
  - 10.3.3. Product portfolio
  - 10.3.4. Business strategy
  - 10.3.5. Recent developments
- 10.4. Manitoba Harvest
  - 10.4.1. Overview
  - 10.4.2. Financials
  - 10.4.3. Product portfolio
  - 10.4.4. Business strategy
  - 10.4.5. Recent developments
- 10.5. Canada Hemp Foods
  - 10.5.1. Overview
  - 10.5.2. Financials
  - 10.5.3. Product portfolio
  - 10.5.4. Business strategy
  - 10.5.5. Recent developments
- 10.6. Elixinol
  - 10.6.1. Overview
  - 10.6.2. Financials
  - 10.6.3. Product portfolio
  - 10.6.4. Business strategy
  - 10.6.5. Recent developments
- 10.7. Braham & Murray
  - 10.7.1. Overview
  - 10.7.2. Financials
  - 10.7.3. Product portfolio
  - 10.7.4. Business strategy
  - 10.7.5. Recent developments
- 10.8. Healthy Brands Collective
  - 10.8.1. Overview
  - 10.8.2. Financials
  - 10.8.3. Product portfolio
  - 10.8.4. Business strategy
  - 10.8.5. Recent developments
- 10.9. Laguna Blends
  - 10.9.1. Overview
  - 10.9.2. Financials
  - 10.9.3. Product portfolio
  - 10.9.4. Business strategy
  - 10.9.5. Recent developments
- 10.10. The Cool Hemp Company
  - 10.10.1. Overview
  - 10.10.2. Financials
  - 10.10.3. Product portfolio
  - 10.10.4. Business strategy
  - 10.10.5. Recent developments
- 10.11. Jinzhou Qiaopai Biotech
  - 10.11.1. Overview
  - 10.11.2. Financials
  - 10.11.3. Product portfolio
  - 10.11.4. Business strategy
  - 10.11.5. Recent developments
- 10.12. Mettrrum originals
  - 10.12.1. Overview
  - 10.12.2. Financials
  - 10.12.3. Product portfolio
  - 10.12.4. Business strategy
  - 10.12.5. Recent developments
- 10.13. Hemp Foods Australia
  - 10.13.1. Overview
  - 10.13.2. Financials
  - 10.13.3. Product portfolio
  - 10.13.4. Business strategy
  - 10.13.5. Recent developments

Methodology

Free Analysis

Hemp-based food products have gained huge popularity in recent times, as they are easy to digest apart from being free from gluten, allergens, genetically modified organisms (GMO), lactose, phytoestrogen, and pesticides. These properties play a key role in their popularity among consumers.

Hemp is a good source of fiber and different vitamins and minerals, such as magnesium, vitamin E, zinc, and iron. Consumption of hemp-based food products helps in the maintenance of a healthy digestive system, which drives the global hemp-based food market growth. The hemp-based food products are used in nut butter, corn chips, and snack bars. This is also fuelling the hemp-based food market. The demand for hemp-based food products in the food industry has also increased, as hemp seeds are highly rich in protein and thus used increasingly in packaged foods like bread, pretzels, granola bars, and cereals. However, the high cost of raw materials may hamper the hemp-based food market development. Alternatively, the increasing demand in the food and beverage industry is projected to further contribute to the growing demand and development of hemp-based food. This is expected to provide growth opportunities for the hemp-based food market.

Global Hemp-Based Food Market

Based on product, the hemp-based food market is fragmented into hemp seed oil, hemp protein powder, whole hemp seed, hulled hemp seed, and others. The hemp seed oil segment holds the highest market share currently and is likely to grow further over the forecast time period. Hemp Oil is known for its Omega-3 benefits as it contains a right balance of Omega-3 to Omega-6. Hemp oil is a popular product, which is widely used to make salad dressings and dips apart from being used as a topping for rice, vegetables, and potatoes. On the basis of distribution channel, the hemp-based food market is categorized into supermarket stores, convenience stores, hypermarket stores, and others.

By region, global hemp-based food market includes North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. The Asia Pacific was the largest market for hemp-based food products in 2018. The region’s key revenue pockets are the emerging countries of China and India, which are the major consumers of hemp-based food products.