Global hemp milk market expected to generate USD 527 million by 2026, at a CAGR of around 15.5% between 2019 and 2026. hemp milk Industry share By product, distribution channel, and region
Hemp Milk Market
Global hemp milk market expected to generate USD 527 million by 2026, at a CAGR of around 15.5% between 2019 and 2026.The report covers a forecast and an analysis of the hemp milk 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 Million). The study includes the drivers and restraints for the hemp milk market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the hemp milk on a global level.
In order to give the users of this report a comprehensive view of the hemp milk, 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.
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.
The study provides a decisive view of the global hemp milk 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 historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
|Report Attributes||Report Details|
|Report Name||Hemp Milk Market Size Report|
|Market Size in 2018||USD 185 million|
|Market Forecast in 2026||USD 527 million|
|Compound Annual Growth Rate||CAGR of 15.5%|
|Number of Pages||110|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Key Companies Covered||Healthy Brands Collective, Drink Daily Greens, Pacific Foods of Oregon, Waska Farms, Wild Harvest Organics, and Braham & Murray.|
|Segments Covered||By Type,By end-user, And By Region|
|Regions Covered||North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)|
|Countries Covered||North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
|Historical Year||2016 to 2020|
|Forecast Year||2022 - 2030|
|Customization Scope||Avail customized purchase options to meet your exact research needs. Request For Customization|
Some major players operating in the global hemp milk market are Healthy Brands Collective, Drink Daily Greens, Pacific Foods of Oregon, Waska Farms, Wild Harvest Organics, and Braham & Murray.
This report segments the global hemp milk market into:
Global Hemp Milk Market: Product Analysis
Global Hemp Milk Market: Distribution Channel Analysis
Global Hemp Milk Market: Regional Analysis
The global hemp milk market was valued at USD 185 million
We expect the global hemp milk market to exhibit a CAGR of 15.5% during 2018-2026
The rising popularity of hemp milk among lactose intolerant, vegan, and tree nut allergic individuals, as it offers an earthy and nutty flavor with a creamy consistency, is primarily driving the global hemp milk market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of hemp milk.
Based on the type, the global hemp milk market can be categorized into sweetened and unsweetened. Currently, sweetened accounts for the majority of the global market share.