Hemp Seeds Market Poised for Robust Growth
Hemp Seeds Market Report Overview :
The new market intelligence report published by research firm, Maximize Market Research, indicates the lucrative growth for Hemp Seeds Market suppliers in the forecast period through 2029. The Hemp Seeds Market report includes the growth drivers, major restraints, upcoming challenges and prevailing opportunities in the global market.
Market Values:
size was valued at US$ 957.9 Million in 2022 and the total Hemp Seeds revenue is expected to grow at 10.5% through 2023 to 2029, reaching nearly US$ 1926.9 Million.
Report Scope:
The comprehensive report on the Hemp Seeds Market provides a detailed analysis of market dynamics, including drivers, restraints, opportunities, and challenges. The study encompasses market segments by form, source, packaging type, distribution channel, and application, offering valuable insights for stakeholders.
Research Methodology:
The report employs a robust research methodology, incorporating data analysis, statistical insights, and market trends. Market participants, regions, and specific requirements are meticulously examined to offer a comprehensive overview of market improvements.
For a detailed market analysis, please refer to the research report summary : https://www.maximizemarketresearch.com/request-sample/74029
Hemp Seeds Market Regional Analysis :
This section of the report includes government initiatives in each region that contributes to global Hemp Seeds market growth. The Hemp Seeds market report includes a geographic condition of the market, market size and share as well as in-depth research into the business network structure, opportunities, and news updates. The report includes all the regions: North America, Europe, Asia Pacific, South America and Middle East and Africa.
Hemp Seeds Market Segmentation :
In 2022, the hemp seed market was controlled by the hemp seed category as a whole. This is explained by their oxidation stability and steady nature. Whole hemp seeds are also a great source of digestive fibres. Overall, during the projected period (2022–2029), the growth of this sector is anticipated to be driven by their strong nutritional profile.
Over the course of the projection period, the hemp seed oil segment is anticipated to develop at the highest CAGR of 4.9%. This is related to the many health advantages it provides. Three different forms of polyunsaturated fatty acids—linoleic, alpha-linoleic, and gamma-linoleic fatty acids—can be found in hemp seeds. According to a dermatology study, they aid in the recovery of atopic dermatitis and other skin disorders.
Food & Beverage, Personal Care Products, Industrial Products, and Others are the segments categorised by Application. In 2022, the food and beverage sector held a dominant position in the global market. During the previously given forecast period, this segment is anticipated to develop at the fastest rate. Their strong demand in the global nutrition industry can be linked to this rise. You can eat these raw or add them to salads.
During the same forecast period, the personal care goods segment is anticipated to rise at a rapid pace. This is related to the growing trend of hemp seed use by producers of cosmetics due to its benefits for skin health. The primary factor driving the industrial segment's expansion is the potential application of hemp oil as a biofuel substitute.
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Hemp Seeds Market Key Players :
1. Manitoba
2. Green Source Organics
3. Harvest Hemp Foods
4. North American Hemp and Gain Co.
5. GFR Ingredients
6. Canah International
7. Yunnan HuaFang Industrial Hemp Co. Ltd.
8. Hempflax BV
9. BAFA neu GmbH
10. Liaoning Qiaopai Biotech Co., Ltd.
11. Naturally Splendid Enterprises Ltd.
12. Jinzhou Qiaopai Biotech
13. GIGO Food
14. Agropro
15. Yishutang
16. Deep Nature Project
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Regional Insights:
Asia-Pacific: Dominated the market in 2022, driven by leading exporting countries like China and India. South Korea emerged as a significant importer, contributing to regional market growth.
Europe: Held the second-largest market share, with countries like Germany, Netherlands, and Spain being key importers and exporters of hemp seeds.
North America: Led by the United States, which accounted for the largest import volume in 2022, driven by investments in healthcare and cosmetics industries.
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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