Industry Outlook and Trend Analysis
The global Hemp Seeds Market has observed substantial development in the recent years and is foreseen to develop significantly in the upcoming years. Hemp seeds are created from the hemp plant, Cannabis sativa L. Hemp is generally mistaken for marijuana, as it has a place with a similar family; the two plants are very not quite the same as each other. Hemp seeds contain less than 1% of the psychoactive medications while marijuana has over 20%. Hemp seeds are an organic mix of conveniently digested fibres, essential fats, amino acids, proteins, iron, antioxidants and vitamins. These seeds are an endowment of nature and are the most nutritious seeds. These seeds contain protein in high sum. This is one of the potent food accessible supporting ideal wellbeing and prosperity.
Form Outlook and Trend Analysis
On the basis of form the hemp seeds market can be sectioned into four forms such as Shelled hemp seed, Whole hemp seed, hemp seed protein and hemp seed oil. Hemp seeds help in reducing the amount of cholesterol in the body, thereby eliminating fat build-up in the arteries. This is one of the major factors boosting the demand of hemp seeds market.
Application Outlook and Trend Analysis
Based on application the market is segmented into Food (containing hemp milk), hemp fiber which has been used majorly for the manufacturing of hemp dresses, tea and hemp juice, ropes, hemp sacks, canvas, hempcrete which is a building material which are robust and durable, plastic and composite material- used in automobiles and household, fine arts, hemp paper used for packaging, business card, journals and stationery.
Distribution Channel Outlook and Trend Analysis
Based on distribution channels, hemp seed market is segmented by indirect and direct sales. By indirect sales it can be bought by online, convenience stores, modern trade format, departmental stores, retails and others. Hemp seeds provide several health benefits and are considered a superfood, thereby fuelling the demand in developed regions.
Regional Outlook and Trend Analysis
Geographically, North America is anticipated to rule the regional hemp seeds market. According to the consumption, Western Europe is foreseen to possess second largest market share in hemp seeds market. Asia-Pacific is foreseen to be the fastest developing region, owing to the increased demand for hemp seeds from India and China.
The leading Players in the market are Manitoba, CHII Naturally Pure Hemp, Green source organics, Kenny Delights, Harvest Hemp Foods and GFR Ingredients Inc, Hemp Oil Canada and Navitas Naturals. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Hemp Seeds Market is segmented s follows-
Whole hemp seed
Shelled hemp seed
Hemp seed protein
Hemp seed oil
Tea and hemp juice
By Distribution Channel:
Rest of Europe
Rest of Asia Pacific
Rest of the World
United Arab Emirates
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?