The Hemp Protein market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Hemp protein refers to the industrial by product of hemp seeds. Hemp seeds have a composition of approximately 45 percent oil, 35 percent protein and 10 percent carbohydrates. Hemp seed is very eco- friendly, as it can be grown without using herbicides, fungicides, and pesticides. Also, it can efficiently absorbs carbon dioxide. Hemp protein is a rich source of all essential amino acids that are necessary to meet the protein needs of humans.
Hemp protein is a rich source of all essential amino acids that are necessary to meet the protein needs of humans. Hemp protein cannot be considered as a pure protein supplement owing to its composition of 10% fatty acids and higher fiber content. Owing to the higher fiber content, hemp proteins lowers the risk for constipation, heart disease, type-2 diabetes, and diverticular disease. Hemp proteins are easily digestible, and are used as an active ingredient in shakes and smoothies. Health benefits of hemp proteins includes anti-fatigue properties, enhances immune system, and have kidney protective effects. The growth of hemp protein market is propelled by improved economic conditions coupled with increase in household wealth, due to which consumers have shown willingness to spend on food products that are rich in hemp proteins so as to maintain their health.
s the report focuses on global Hemp Protein market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In global market, the following companies are covered:
Hemp Oil Canada
Navitas Naturals
North American Hemp & Grain
Hempco
Manitoba Harvest Hemp Foods
CHII Naturally Pure Hemp
GFR Ingredients Inc
SA and Green Source Organics
The Raw Chocolate Company
Z Company
Onni
Market Segment by Product Type:
Protein Content 55%-60%
Protein Content 85%-87%
Other
Market Segment by Application:
Bakery and Confectionery
Meat Alternatives
Beverages
Infant Foods
Other
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Hemp Protein market for the forecast period 2020 - 2025?
• What are the driving forces in the Hemp Protein market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Hemp Protein industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?