Organic Hemp Seed Products Market Size, Share & Industry Analysis, By Type (Organic Hemp Seed Hearts, Organic Hemp Seed Oil Capsule, Organic Hemp Seed Protein Powder), By Application (Food and Beverage [Dietary Supplements, Beverages, Bakery, Confectionery] Cosmetics and Personal Care, Pharmaceuticals, Animal Feed) and Regional Forecast, 2024-2032

The organic hemp seed products market is observing a robust growth due to the shift in consumers preferences towards organic products. The hemp seeds are derived from the plant Cannabis sativa and have relatively lesser amount of tetrahydrocannabinol (THC) content (0.3%). The wide utilization of organic hemp seed as a food ingredient, pharmaceutical, personal care and cosmetic products are the factors that drives the market growth. The organic hemp seeds are highly nutritious, as it is rich linoleic acid and alpha-linolenic acid has led to its wide incorporation in food and beverage. The rising vegan trend among consumers has nudged them to shift towards organic hemp seed as a plant-based protein, which in turn has fuelled the market growth.

The global organic hemp seed products such as oil and protein powder are widely consumed as dietary supplements to improve health. Manufacturers of organic hemp seed products are launching innovative products, owing to the rising demand of hemp seeds. Online platforms are serving as a quick and convenient way of introducing organic hemp seed products. The growing popularity of online retailing and the strengthening of e-commerce channels boosted the organic hemp seed products market growth.

The rising inclination of consumers towards organic and clean-label products drives the organic hemp seed products market. The organic products are free from synthetic pesticides, fertilizers and negligible chances of biomagnification, hence is preferred over non-organically grown products. The consumption of organic products has increased in recent years due to factors such as environmental sustainability and changing lifestyles, which in turn fuelled its market growth.

The unclear regulatory scenario among the government bodies in different countries on the utilization of organic hemp seed products is acting as a restraint in its market growth. Hemp seed is a raw material used for producing food and cosmetics, the demand is high and the production is comparatively less. The inability to fulfil the requirements leads to the rise in the overall price of the hemp seed products, which is impeding its market growth.

Key Players Covered:

The key companies operating in the global organic hemp seed products market are Organicway Inc., HEMPLAND Organic Agri-Tech Inc., The Tonik, TruVibe Organics, Navitas LLC, Manitoba Harvest Hemp Foods, ConnOils LLC, Bioriginal Food & Science Corp., Bioproduktas MB, and Chi Hemp Industries Inc.

The organic hemp seed products market is segmented on the basis of type and application. The organic hemp seed hearts are the leading variant followed by the organic hemp seed protein powder. The organic hemp seed hearts are widely consumed as healthy snacks and are incorporated in various food items as an ingredient. The organic hemp seed protein powder is a complete source of protein and due to the shifting consumer preferences towards plant-based products have aided in its market performance.

The food and beverage application segment is leading due to the wide utilization of organic hemp seed products in various foods products such as cakes, salads, mocktails, yogurt, and others. The consumers are increasingly demanding organic food products with nutritional benefits that have led to wide incorporation of organic hemp seed products in bakery products, dietary supplements, beverages, and others. The cosmetics and personal care products segment is gaining traction as organic hemp seeds are used as an effective moisturizer.

Regional Analysis:

North America is witnessing significant growth due to the consumers increasing demand for organic and clean-label products. The rising vegan trend among the consumers has led them to shift towards plant-based products, which in turn fuels the organic hemp seed products market growth. Countries such as the U.S. and Canada are the major producers of organic hemp in the region. This has led to the wide availability of raw material for manufacturing organic hemp seed products.

Asia Pacific region is expected to witness a considerable growth in the upcoming years. The presence of countries such as China and India in the region, that are among the leading producers of organic hemp seed has aids in the market growth. The regulatory relaxation on the usage of organic hemp seed products in Thailand for both medicinal and food purposes acts as a major regional market driver.

Europe is anticipated to witness significant growth in the foreseeing years. The consumers are becoming aware about the nutritional benefits of organic hemp seed products, which has led to its wide incorporation of it in their daily diet. The rising health consciousness among the consumers, especially the younger cohort has led to an increase in the consumption of organic hemp seed products, which in turn propelled the regional market growth.

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Segmentation

Key Industry Developments

• In April 2020, qemp Inc. launched qemp ZERO, a pure hemp seed oil (no THC) with scientifically selected herbs. qemp ZERO is an organic, vegan, and non-GMO dietary supplement with natural essential fatty acids and whole herbs essential oils.


• In February 2020, Linwoods launched a new range of organic, milled hemp seed blends MULTIBOOST, which can be incorporated in daily diet to boost the nutritional health. The product is available in four flavours- organic milled hemp seed, flax and chia seeds, mulberries and mixed nuts. These seeds can be added in salads, smoothies, salad and yogurts.