The global 中国·银河贵宾汇(GALAXY):hemp-based food market size was valued at USD 1.96 Billion in 2025, and it is expected to reach USD 5.82 Billion by 20🐬3♍4, exhibiting a growth rate (CAGR) of 12.43% from 2026 to 2034.
The food sector is focusing on developing plant-based protein solutions, with collaborations driving innovation in hempseed protein isolate. These collaborations aim to commercialize high-purity and soluble hemp proteins in response to rising consumer demand for sustainable and healthy food components throughout the world. For example, in July 2023, Burcon NutraScience Corporation, a global technology leader in the development of plant-based proteins for foods and beverages, partnered with HPS Food and Ingredients Inc., a leading provider of food ingredients based on hempseed, to explore the commercialization of Burcon's unique high purity and soluble hempseed protein isolate. Moreover, the industry is increasing its market reach through strategic distribution arrangements, giving consumers more access to organic hemp products. Nationwide agreements with major retailers demonstrate the rising demand for plant-based and sustainable food solutions across a diversified customer base. For instance, in February 2023, Hemp Foods Australia, a subsidiary of Elixinol Wellness and Australia’s leading hemp food company, announced a new nationwide distribution deal with Australia’s largest supermarket chain, Woolworths. Under the deal, the company’s certified organic hemp gold seed oil would increase, ranging from 100 Woolworths stores to 948 stores nationwide. Furthermore, to fulfill increasing customer demand for health-conscious solutions, hemp-based food companies are focusing on functional and high-nutrition products. In accordance with this, firms are introducing unique hemp-based snacks, oils, and protein powders to meet a variety of nutritional demands. Additionally, the increasing usage of hemp components in plant-based meals creates huge economic prospects for producers. Also, customers are increasingly preferring organic and sustainable hemp-based goods over standard alternatives due to their greater nutritional value. For example, the growing demand for hemp protein powder in North America has prompted firms, such as Manitoba Harvest, to launch unique products aimed at fitness enthusiasts and health-conscious customers. Similarly, Navitas LLC increased its hemp food products throughout Asia-Pacific, focusing on high-quality protein powders and seeds. These initiatives highlight the rising popularity of hemp-based meals as adaptable and sustainable solutions in the global food industry.The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest hemp꧑-based food marketꦍ share, on account of the availability of a strong supply chain for sourcing, producing, and distributing hemp-based food products.
Some of the leading hemp-based food market companies include Hempfoods Ltd., Tilray, Inc., GFR Ingredients, Hemp Foods Australia Pty Ltd, Aurora Cannabis Inc., Naturally Splendid Enterprises Ltd., Isodiol International Inc, Navitas LLC, Nutiva, and T12 Holdings Pty Ltd., among many others. For example, in February 2019, Tilray, Inc. acquired Manitoba Harvest, a leading hemp foods manufacturer, for USD 317 Million. This acquisition enabled Tilray to leverage Manitoba Harvest's extensive retail distribution network to enter the U.S. cannabidiol (CBD) market, with products available in approximately 13,000 U.S. stores and 3,600 in Canada.
| Report Features | Details |
|---|---|
| Market Size in 2025 | USD 1.96 Billion |
| Market Forecast in 2034 | USD 5.82 Billion |
| Market Growth Rate 2026-2034 | 12.43% |
| Units | Billion USD |
| Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
| Products Covered | Hemp Protein Powder, Hemp Seed Oil, Hemp Seeds, Others |
| Distribution Channels Covered | Supermarkets and Hypermarkets, Convenience Stores, Online Stores, Others |
| Regions Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Hempfoods Ltd., Tilray, Inc., GFR Ingredients, Hemp Foods Australia Pty Ltd, Aurora Cannabis Inc., Naturally Splendid Enterprises Ltd., Isodiol International Inc, Navitas LLC, Nutiva, T12 Holdings Pty Ltd., etc. |
| Customization Scope | 10% Free Customization |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |