About Hemp
Hemp is a sustainable crop, which is seeded toward the end of May or during early June. The hemp plants are grown close together and possess large and broad leaves. The harvesting of hemp begins around 120 days after seeding. Scientists believe that humans have been cultivating hemp for over ten thousand years, owing to its nutritional, medicinal, and industrial properties. As a crop, hemp is known to be one of humanity’s first domesticated crops. Over the years, hemp-based foods have emerged as "superfoods" in the health and wellness food category in North American and European markets.
Technavio’s analysts forecast the global hemp-based foods market to grow at a CAGR of 20.3% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global hemp-based foods market for 2016-2020. The report analyzes the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
The market is divided into the following segments based on geography:
• Europe
• North America
• ROW
Technavio's report, Global Hemp-Based Foods Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Hempco
• Manitoba Harvest
• Mettrum Originals
• Naturally Splendid
Other prominent vendors
• Braham and Murray
• Canada Hemp Foods
• Elixinol
• Healthy Brands Collective
• Hemp Foods Australia
• Laguna Blends
• Nutiva
• The Cool Hemp Company
Market driver
• Emergence of hemp as a superfood
• For a full, detailed list, view our report
Market challenge
• Stringent government regulations regarding cultivation and human consumption of hemp
• For a full, detailed list, view our report
Market trend
• Rise in demand for hemp-based foods from APAC
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
• Marketing mix for global hemp-based foods industry
PART 02: Scope of the report
• Market overview
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
• PEST analysis for cultivation of hemp
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by type of ingredient
• Global hemp-based foods market by type of ingredient
• Global hemp seed-based foods market
• Global hemp protein-based foods market
• Global hemp oil-based foods market
PART 07: Geographical segmentation
• Global hemp-based foods market by geography
• Hemp-based foods market in North America
• Hemp-based foods market in Europe
• Hemp-based foods market in ROW
PART 08: Key leading countries
• US
• Canada
PART 09: Market drivers
• Emergence of hemp as a superfood
• Easy digestibility and suitability for people with intolerances and allergies
• Demand for high protein content products
PART 10: Impact of drivers
PART 11: Market challenges
• Stringent government regulations regarding cultivation and human consumption of hemp
• Low awareness rate
• Threat of substitute from soy proteins
PART 12: Impact of drivers and challenges
PART 13: Market trends
• Rise in demand for hemp-based foods from APAC
• Increase in strategic alliances and partnerships
• Growing focus on online retail channel for selling hemp-based foods
PART 14: Product innovation
• Innovation in formulation of new hemp-based food products
PART 15: Competitor analysis
• Competitive scenario
• Competitive positioning assessment
• Market positioning matrix based on product portfolio and distribution network for key market players
• Comparison assessment of product offerings by key market players
• Hempco
• Manitoba Harvest Hemp Foods (Manitoba Harvest)
• Mettrum Originals
• Naturally Splendid
• Other prominent vendors
PART 16: Appendix
• List of abbreviations
PART 17: Explore Technavio
List of Exhibits
Exhibit 01: Marketing mix for global hemp-based foods industry
Exhibit 02: Key countries in each region
Exhibit 03: Overview of global hemp-based foods market 2015
Exhibit 04: PEST analysis for cultivation of hemp
Exhibit 05: Global hemp-based foods market
Exhibit 06: Global hemp-based foods market 2015-2020 ($ millions)
Exhibit 07: Five forces analysis
Exhibit 08: Global hemp-based foods market by type of ingredient 2015 and 2020
Exhibit 09: Growth outlook for global hemp-based foods market by type of ingredient 2015-2020
Exhibit 10: Global hemp seed-based foods market 2015-2020 ($ millions)
Exhibit 11: Nutritional profile of hemp seeds
Exhibit 12: Amino acid profile of hemp seeds
Exhibit 13: Global hemp protein-based foods market 2015-2020 ($ millions)
Exhibit 14: Global hemp oil-based foods market 2015-2020 ($ millions)
Exhibit 15: Typical nutritional profile of hemp oil
Exhibit 16: Global hemp-based foods market by geography 2015 and 2020
Exhibit 17: Growth outlook for global hemp-based foods market by geography 2015-2020
Exhibit 18: Hemp-based foods market in North America 2015-2020 ($ millions)
Exhibit 19: Hemp-based foods market in Europe 2015-2020 ($ millions)
Exhibit 20: Hemp-based foods market in ROW 2015-2020 ($ millions)
Exhibit 21: Average annual real GDP growth based on purchasing power parity in 2014
Exhibit 22: Key leading countries
Exhibit 23: Hemp-based foods market in US 2015-2020 ($ millions)
Exhibit 24: Major market driver, challenge, and trend in US
Exhibit 25: US: Demographic and economic indicators 2012-2015
Exhibit 26: Hemp-based foods market in Canada 2015-2020 ($ millions)
Exhibit 27: Major market driver, challenge, and trend in Canada
Exhibit 28: Canada: Demographic and economic indicators 2012-2015
Exhibit 29: Factors impacting consumers' decisions to follow or consider a vegan or vegetarian diet
Exhibit 30: Impact of drivers
Exhibit 31: Regulatory scenario for hemp cultivation and consumption in major countries
Exhibit 32: Impact of drivers and challenges
Exhibit 33: Global internet penetration rate 2015
Exhibit 34: Competitive positioning matrix for hemp-based food manufacturers in 2015
Exhibit 35: Market positioning matrix based on product portfolio and distribution network for key market competitors
Exhibit 36: Comparison of major product offerings by key market competitors
Exhibit 37: Hempco: Product portfolio
Exhibit 38: Manitoba Harvest: Product portfolio
Exhibit 39: Mettrum Originals: Product portfolio
Exhibit 40: Naturally Splendid: Product portfolio
