Global Hemp Protein Market, by Form; by Applications; by Grade; by Distribution Channel; and by Region (North America, Europe, Asia Pacific, Latin America, MEA); - Global Forecasts 2021 to 2027

The Global Hemp Protein Market was valued at USD 576.5 Mn in 2020 and is expected to reach USD 1,494.8 Mn by 2027, growing at a CAGR of 12.9% during the forecast period.

Hemp Protein Market Definition

Hemp powder protein contains omega-3 and omega-6 heart-healthy fatty acids at a ratio of 3:1, which stimulates energy production, makes the immune system stronger and builds a cholesterol-fighting compound called phytosterols. Hemp protein is a rich source of amino acids that are essential to fulfil the protein need of the human body.

Hemp Protein Market

Hemp Protein Market Dynamics

The various concerns have surrounded animal-based proteins in recent years, including the carcinogenicity of red meat and antibiotic residues found in meat. Veganism's growing popularity has also aided the market's revenue growth. For instance, according to Vegan Society, Type 2 diabetes risk is reduced by 23% when you eat a plant-based diet. In January 2021, the United Nations estimated that 7.9 billion world’s population is vegans. Furthermore, vegans are thought to account for 8% of the world's population. In addition, the increased demand for healthy food products and new product developments are driving up the overall need for hemp protein. The hemp protein has a variety of applications in food, cosmetics, nutraceuticals, medicines, and the beverage industry, which has fuelled the growth of the global hemp protein market.

The Global Hemp Protein Market Segmentation:

By Form

  • Seeds
  • Powder

By Grade Type

  • Food Grade
  • Industrial Grade
  • Pharmaceutical Grade

By Applications

  • Food & Beverages
  • Nutraceuticals
  • Pharmaceuticals
  • Personal Care & Cosmetics

By Distribution Channel

  • Online Store
  • Supermarket
  • Specialty Stores
  • Independent Groceries

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Company Profiles and Competitive Intelligence

The key players operating in the hemp protein market are:

  • Navitas Organics
  • Green Source Organics
  • ET Chem
  • North American Hemp & Grain Co., Ltd.
  • Hemp Oil Canada
  • OPW Ingredients GmbH
  • Chii Hemp Industries Inc.
  • The Cool Hemp Company Inc.
  • Canopy Growth Corporation
  • Liaoning Qiaopai Biotech Co., Ltd.
  • GFR Ingredients Inc.
  • Manitoba Harvest Hemp Foods
  • Hemp Foods Australia Pty Ltd
  • The Raw Chocolate Pie Company
  • Naturally Splendid Enterprises Ltd.
  • OMNI Superfood
  • Nutiva Inc.
  • Poonam Oil Industries
  • Elixinol Global Limited

Based on form, powder segment holds the largest market share owing to its convenience for consumption and easy availability of powdered form hemp protein

Based on the form, the global hemp protein market has been segmented into seeds and powder. The powder segment is the highest growing segment over the forecast period due to its easy availability and it is easy to consume in the form protein. The demand for powdered form hemp protein has increasing because it contains the high fiber level that helps to widen its applications in different segment of food & beverage industry that includes juices, drinks, smoothies, and shakes. Powdered form of hemp protein is also applicable in the pharmaceuticals industries and cosmetics industries.

Based on applications, nutraceuticals segment is the largest growing segment during the forecast period due to increased adoption of nutraceuticals among the population for the weight/fat loss

Based on applications, the nutraceuticals segment holds the highest share of the global hemp protein market over the forecast period. Due to its high fiber content, the demand for hemp protein in nutraceuticals has increased significantly owing to growing health-conscious population is accelerating the usage of hemp protein over the forecast period. Nutraceutical makes balance diet and eliminate the toxins through fat loss are the boosting factors for the growth of the hemp protein market. However, the food & beverages segment shows fastest growth over the forecast period due to rising scope of application of hemp protein for shelf-stable grocery.

Based on distribution channel, supermarket segment holds the largest share in the hemp protein market over the forecast period due to increased preference of purchase and rising distribution of hemp proteins from the supermarket

Based on distribution channel, the global hemp protein industry is segmented into online store, supermarket, specialty stores, and independent groceries. The supermarkets are the highest growing segment over the forecast period owing to easy availability of hemp protein seeds and as well as powdered form hemp protein. The various discounts are offered in supermarket as compared to the other distribution channel for the hemp protein and more convenient to purchase from supermarket. These are the factors that are responsible for purchase of hemp proteins from the supermarket.

The report also provides an in-depth analysis of the global hemp protein market dynamics such as drivers, restraints, opportunities, and challenges


  • Increasing adoption of hemp protein
  • Increasing prevalence of obesity
  • Wide range of applications in food & beverages and pharmaceutical industries


  • Increasing number of consumptions can cause digestive discomfort
  • High cost of production


  • Increasing awareness about chemical free consumption patterns
  • Rising adoption of minimally processed proteins and fibers


  •   Prices fluctuations of raw material          

COVID-19 Impact on the Global Hemp Protein Market

The outbreak of COVID-19 pandemic has slowed the expansion of industry, causing widespread inconvenience for both consumers and sellers. Hemp protein markets and production units around the world have been shut down, effectively halting the product's production, sale, and promotion. People are taking additional protein supplements to boosts their immune systems as a result of the COVID-19 pandemic. For instance, as per the two-week survey conducted in 2020 by Glanbia plc., the percentage of population who eat protein bars to boost immunity and stay healthy has been raised from 21% to 23% in 2 weeks in March 2020 to track the impact of COVID-19 on consumer spending on food and nutrition products in the United States. After the Covid-19 outbreak, demand for ready-to-drink protein shakes increased which also projected to drive the hemp protein market.

The report also provides an in-depth analysis of key trends in global hemp protein market

Sr. No. Trends Impact
1 Increased demand for the high-quality plant-based safe protein among the population Positive
2 Rising awareness about the use of skin care products that has essential amino acids and fibers content Positive

The report also provides an in-depth analysis of recent news developments and investments

  • In March 2020, Victory Hemp Foods Kentucky's, Louisville and Applied Food Sciences (AFS) Texas, Austin have formed a strategic agreement to "dramatically increase" the range of products in which hemp grains utilised as an ingredient. AFS is a botanical extracts supplier for food, beverages, and supplements, as well as a supply partner for various top food and beverage brands. The strategy would promote hemp as a protein source, capitalising on the growing popularity of plant-based components, particularly proteins, among health-conscious and environmentally aware consumers that increase the customer base of the victory hemp foods.
  • In August 2020, Sustainable Foods Inc. Wooster, OH, United States, a New Zealand alternative protein company, launched its hemp-based meat analogues, which will be created using locally farmed hemp and processed at a private hydroelectric power plant. This will increase the product portfolio of the company.

The unique insights provided by this report also includes the following:

  • In-Depth Value Chain Analysis
  • Opportunity Mapping
  • Sector Snapshot
  • Key Players Positioning Matrix
  • Regulatory Scenario
  • Strategies Adopted-Benchmarking Heat Map
  • Market Trends
  • COVID-19 Impact Analysis
  • Product Comparison
  • Pre & Post COVID 19 Impact on The Global Hemp Protein Market 
  • Competitive Landscape

Frequently Asked Questions (FAQs)

The global market is estimated to be USD 576.5 Mn in 2020 and is expected to reach USD 1494.8 Mn by 2027.

The global hemp protein market is estimated to grow at a compound annual growth rate (CAGR) of 12.9% during the forecast period.

High cost of production hampers the growth of the global market.

Increasing adoption of hemp protein is the major driving factor for the growth of the global hemp protein market.

The 2020 is the base year provided in the report of global hemp protein market.

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  1. Introduction
    1. Product Outline
    2. What is Hemp Protein?
    3. Different Products of Hemp Protein
    4. Supply Chain Analysis
    5. COVID -19 Impact
    6. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Threats
  2. Regulatory Landscape for Global Hemp Protein Market 
    1. Regulations and Standards
  3. Global Hemp Protein Market by Form
    1. Seeds
    2. Powder
  4. Global Hemp Protein Market by Grade Type
    1. Food Grade
    2. Industrial Grade
    3. Pharmaceutical Grade
  5. Global Hemp Protein Market by Applications
    1. Food & Beverages
    2. Nutraceuticals
    3. Pharmaceuticals
    4. Personal Care & Cosmetics
  6. Global Hemp Protein Market by Distribution Channel
    1. Online Store
    2. Supermarket
    3. Specialty Stores
    4. Independent Groceries
  7. Regional Analysis
    1. North America
      1. US
      2. Canada
    2. Europe
      1. Germany
      2. UK
      3. France
      4. Italy
      5. Spain
      6. Rest Of Europe
    3. Asia Pacific
      1. China
      2. India
      3. Japan
      4. Rest Of Asia Pacific
    4. Middle East and Africa (MEA)
      1. GCC
      2. Rest of MEA
    5. South America
      1. Brazil
      2. Mexico
      3. Rest of South America
  8. Key Strategic Insights
    1. New Development
    2. Opportunity Mapping
    3. Critical Success Factors
  9. Key Market Trends / Recent Developments
  10. Competitive Scenario
    1. Competitive Strategies of Key Players
      1. Mergers and Acquisitions
      2. Investments
      3. Joint Ventures
    2. Ranking of Key Players
  11. Key Global Players
    1. Navitas Organics
    2. Green Source Organics
    3. ET Chem
    4. North American Hemp & Grain Co., Ltd.
    5. Hemp Oil Canada
    6. OPW Ingredients GmbH
    7. Chii Hemp Industries Inc.
    8. The Cool Hemp Company Inc.
    9. Canopy Growth Corporation
    10. Liaoning Qiaopai Biotech Co., Ltd.
    11. GFR Ingredients Inc.
    12. Manitoba Harvest Hemp Foods
    13. Hemp Foods Australia Pty Ltd
    14. The Raw Chocolate Pie Company
    15. Z-COMPANY
    16. Others

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