Hulled Hemp Seed Market Trends and Forecast
The future of the global hulled hemp seed market looks promising with opportunities in the hemp oil and hemp seed cake markets. The global hulled hemp seed market is expected to grow with a CAGR of 22.3% from 2024 to 2030. The major drivers for this market are growing consumer awareness about the health benefits of hemp seeds and rising demand for plant-based protein sources.
• Lucintel forecasts that wild hemp is expected to witness higher growth over the forecast period.
• Within this market, hemp oil is expected to witness higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Hulled Hemp Seed Market
• United States: Several companies have announced expanded cultivation of hemp for hulled seeds, aiming to meet rising demand in health food sectors. Government initiatives include streamlining regulatory frameworks to support hemp farming and processing.
• Canada: Companies like Manitoba Harvest have set ambitious targets for increasing production capacity of hulled hemp seeds, aligning with CanadaÄX%$%Xs push to become a global leader in hemp agriculture. Government policies focus on research funding and export facilitation.
• Australia: Local producers are focusing on organic hulled hemp seeds, leveraging government grants aimed at promoting sustainable agriculture. Initiatives include partnerships with research institutions to enhance seed quality and yield.
• China: Companies are investing in advanced processing technologies for hulled hemp seeds to improve market competitiveness globally. Government policies support large-scale cultivation and export expansion to capture international market share.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Hulled Hemp Seed Market by Segment
The study includes a forecast for the global hulled hemp seed market by type, application, and region.
Hulled Hemp Seed Market by Type [Value from 2018 to 2030]:
• Wild Hemp
• Cultivation Hemp
Hulled Hemp Seed Market by Application [Value from 2018 to 2030]:
• Hemp Oil
• Hemp Seed Cakes
• Others
Hulled Hemp Seed Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Hulled Hemp Seed Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hulled hemp seed companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hulled hemp seed companies profiled in this report include-
• Agropro
• Jinzhou Qiaopai Biotech
• Canah International
• North American Hemp & Grain
• Yunnan Industrial Hemp
• Navitas Organics
• Naturally Splendid
Recent Development in the Hulled Hemp Seed Market
• Hemp Oil Canada: This company has expanded its cultivation operations to meet increasing global demand for hulled hemp seeds. Their focus on sustainable farming practices has garnered attention, ensuring high-quality products and maintaining environmental responsibility.
• Navitas Organics: Known for their organic superfoods, Navitas Organics has introduced innovative packaging solutions for hulled hemp seeds, enhancing shelf-life and preserving nutritional integrity. Their emphasis on organic sourcing appeals to health-conscious consumers seeking premium quality.
• North American Hemp & Grain Co.: Specializing in hemp seed processing, they have invested in state-of-the-art equipment to streamline production and ensure consistent quality of hulled hemp seeds. This initiative aims to meet growing market demands efficiently.
• Canah International: Canah International has entered strategic partnerships with local farmers in emerging markets to expand their supply chain of hulled hemp seeds. This collaboration supports community development while ensuring a stable supply of raw materials.
• Hemp Foods Australia: This company has launched a new line of value-added hulled hemp seed products, including hemp protein blends and ready-to-eat snacks. Their innovation in product diversification aims to cater to varied consumer preferences and boost market penetration.
Features of the Global Hulled Hemp Seed Market
Market Size Estimates: Hulled hemp seed market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Hulled hemp seed market size by type, application, and region in terms of value ($B).
Regional Analysis: Hulled hemp seed market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the hulled hemp seed market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hulled hemp seed market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for hulled hemp seed market?
Answer: The global hulled hemp seed market is expected to grow with a CAGR of 22.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the hulled hemp seed market?
Answer: The major drivers for this market are growing consumer awareness about the health benefits of hemp seeds and rising demand for plant-based protein sources.
Q3. What are the major segments for hulled hemp seed market?
Answer: The future of the hulled hemp seed market looks promising with opportunities in the hemp oil and hemp seed cake markets.
Q4. Who are the key hulled hemp seed market companies?
Answer: Some of the key hulled hemp seed companies are as follows:
• Agropro
• Jinzhou Qiaopai Biotech
• Canah International
• North American Hemp & Grain
• Yunnan Industrial Hemp
• Navitas Organics
• Naturally Splendid
Q5. Which hulled hemp seed market segment will be the largest in future?
Answer: Lucintel forecasts that wild hemp is expected to witness higher growth over the forecast period.
Q6. In hulled hemp seed market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the hulled hemp seed market by type (wild hemp and cultivation hemp), application (hemp oil, hemp seed cakes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Hulled Hemp Seed Market Market, Hulled Hemp Seed Market Market Size, Hulled Hemp Seed Market Market Growth, Hulled Hemp Seed Market Market Analysis, Hulled Hemp Seed Market Market Report, Hulled Hemp Seed Market Market Share, Hulled Hemp Seed Market Market Trends, Hulled Hemp Seed Market Market Forecast, Hulled Hemp Seed Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.