The Market Reports

Synopsis

The global market for Hemp-based Foods was estimated to be worth US$ 1085 million in 2024 and is forecast to a readjusted size of US$ 3042 million by 2031 with a CAGR of 16.1% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Hemp-based Foods cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Hemp-based Foods refer to nutritional food products derived from industrial hemp (Cannabis sativa L.), particularly from its seeds, leaves, or stalks. Common categories include hemp seed oil, hemp protein powder, energy bars, hemp-based plant milk, and functional snacks. These products contain no psychoactive THC and are rich in Omega-3/6 fatty acids, dietary fiber, natural plant protein, and trace minerals—positioning them as superfoods in the plant-based dietary movement. Hemp-based foods have been widely adopted in health nutrition, vegan diets, sports nutrition, and medical-adjunct dietary sectors, especially in the U.S., EU, Australia, and parts of Asia. As the trend of “food as function” intensifies, this category is redefining how the food industry transitions toward high-value, functional plant-based innovations.

The global boom in plant-based consumption and functional nutrition is injecting momentum into the hemp-based food market. Key drivers include rising consumer demand for natural, gluten-free, non-GMO, and high-protein food; expanding vegan and sports nutrition segments; and progressive loosening of industrial hemp regulations. Product innovation—especially in hemp milk and butter—is increasing purchase frequency and margins, drawing attention from multinationals like Nestlé, Unilever, and Danone.

Despite its potential, hemp-based foods face significant barriers. First, regulations surrounding industrial hemp vary widely by country, and in some regions, its association with cannabis still triggers regulatory hesitation. Second, public misconceptions around cannabis-related terminology create market education challenges. Supply chain issues, including fluctuations in raw hemp seed quality, scale, and certification (organic, Halal, non-GMO), present further complexity. Additionally, global agricultural uncertainty linked to climate change affects hemp cultivation costs, making pricing less predictable.

Consumers are increasingly seeking “function in nutrition” and “health in snacks,” pushing hemp-based foods into ready-to-eat, convenient, and frequent consumption formats. In sports nutrition, dairy alternatives, and functional diets, hemp-based products are gaining ground as key differentiators. Major retailers like Whole Foods, Walmart, and Costco are expanding shelf space, while direct-to-consumer (DTC) brands leverage social media to promote hemp as part of a healthy lifestyle. In the Asia-Pacific region, Korea, Japan, and Singapore have piloted sales of such products, while China remains in a transition phase—offering strategic entry windows amid regulatory and consumer perception shifts.

This report aims to provide a comprehensive presentation of the global market for Hemp-based Foods, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Hemp-based Foods by region & country, by Type, and by Application.

The Hemp-based Foods market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hemp-based Foods.

Market Segmentation

By Company

• Manitoba Harvest
• CW Hemp/CW Botanicals
• Charlotte’s Web Holdings
• Canopy Growth Corporation
• Nutiva
• Aurora Cannabis
• CV Sciences
• Isodiol
• ENDOCA
• Shanghai Green Vaper Technology
• North American Hemp & Grain Co
• cbdMD
• GFR Ingredients Inc
• Suyash Herbs
• Yishutang
• Naturally Splendid
• BAFA neu GmbH
• Aos Products
• HempFlax
• Manitoba Harvest

Segment by Type

• Whole Hemp Seed
• Hulled Hemp Seed
• Hemp Seed Oil
• Hemp Protein Powder
• Others

Segment by Application

• Supermarkets
• Convenience Stores
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.