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July 2025
The global hemp-based foods market size was reached at USD 7.09 billion in 2024 and is anticipated to increase from USD 7.83 billion in 2025 to an estimated USD 19.24 billion by 2034, witnessing a CAGR of 10.5% during the forecast period from 2025 to 2034. The market is observed to grow at a significant rate leading to the rising demand for vegan diets which are very beneficial and nutritional for consumers.
| Study Coverage | Details |
| Growth Rate from 2025 to 2034 | CAGR of 10.5% |
| Market Size in 2025 | USD 7.83 Billion |
| Market Size in 2026 | USD 8.66 Billion |
| Market Size by 2034 | USD 19.24 Billion |
| Largest Market | North America |
| Base Year | 2024 |
| Forecast Period | 2025 to 2034 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
The hemp-based foods market comprises consumable products derived from hemp seeds, hemp oil, hemp protein, or hemp-based ingredients, excluding psychoactive compounds such as THC. These products are primarily consumed for their nutritional value, high protein content, omega-3 & 6 fatty acids, and fiber, and are often associated with vegan, plant-based, and sustainable dietary trends. Hemp-based foods span raw ingredients to processed functional foods and beverages, appealing to health-conscious, vegan, and allergen-sensitive consumers.
One of the major factors driving the growth of the market is increasing demand for organic hemp-foods. Due to the impacts of additives used and increased health awareness in the food and beverages, organic food products are in high in demand. To enhance the increasing consumer base, various companies are releasing organic hemp food products. In addition, increasing demand for plant-based products, increasing focus on environmental consciousness and sustainability and rising research and development activities are further expected to drive the growth of the hemp-based foods market.
Hemp-based hearts and seeds are nutrient powerhouses, rich in essential minerals, protein and omega-6 and omega-3 fatty acids. These are gaining traction among consumers looking for plant-based protein sources. Hemp cultivation requires less water than traditional crops such as cotton and helps in soil regeneration and is environmentally friendly. Hemp fibers are versatile and durable, which may create major market opportunities for industrial applications and sustainable textiles. In addition, the future of hemp-based products is bright, propelled by factors such as expanding wellness industry, sustainable practices and increasing consumer awareness, which is further expected to revolutionize the growth of the hemp-based foods market in the coming years.
One of the major significant challenges hindering market growth is legal and regulatory issues. The increasing variations in law and legal barriers are hindering market growth. Adding to the challenge is the regulations of various regions that create challenges. This avoids their widespread adoption and easy accessibility in hemp-based foods. Legal challenges may add operational costs and delays in launches and production. In addition, there are increasing concerns about purity and safety of these hemp-based foods due to lack of extensive certification and testing, which is further expected to restrain the growth of the hemp-based foods market.
How North America Dominates Global Market Revenue in 2024?
North America dominated the hemp-based foods market revenue in 2024. The market growth in the region is attributed to the factors such as the increasing use in several food and beverage applications, increasing popularity of hemp snacks, increasing consumer preference towards gluten-free food products, increasing consumer consciousness towards superfoods and increasing demand for organic food products.
The U.S. dominated the market revenue in 2024, driven by the increasing popularity of hemp seeds and hemp protein in several food applications, such as yogurt, granola and hemp snacks. The hemp production in the U.S. is significantly growing. The value of hemp production in the under and open protection for the U.S. totaled 291 million in 2023. The hemp production in the U.S. is about 258 million with harvested area expected at 7,383 acres. In addition, the hemp seed production is expected at 751,000 pounds in the U.S. in 2023, which expected to accelerate the demand for the hemp-based food in the U.S.
Europe Hemp-based Foods Market Trends
Europe is expected to grow fastest during the forecast period. The market growth in the region is driven by the increasing demand for vegan and plant-based nutrition, increasing consumer preference towards eco-friendly and sustainability, increasing demand for nutraceuticals and functional food and increasing use in cosmetics and personal care. Germany, France and UK are the fastest growing countries driving the market growth.
Germany is expected to grow fastest during the forecast period. The consumption of hemp seeds for nutritional uses to increase the marketing of hemp-based products. By increasing the bioavailability of the phytochemicals, seed germination contributed to accelerate the demand for hemp-based foods in Germany.
How Hemp Protein Segment Dominates Hemp-Based Foods Market Revenue in 2024?
The hemp protein segment dominated the hemp-based foods market revenue in 2024. Hemp protein is a premium quality plant-based protein source which includes all the necessary amino acids. It is rich in minerals, vitamins and fiber. Hemp protein helps shakes and smoothie to add a creamy consistency. Hemp protein is well tolerated by various people as it is easy to digest. For the environmentally conscious nutrition, the use of hemp protein is a sustainable choice. In addition, hemp protein contains high amount fiber which can support stable digestion and intestinal health. For instance, one fourth cup of hemp protein powder includes around 2 grams of fat and 120 calories while packing in proteins. Furthermore, hemp protein may prevent cancer and cardiovascular diseases and rich in amino acids, which further expected to drive the segment growth.
The Hemp-Based Bakery and Cereals Segment is Expected to Grow Fastest During the Forecast Period.
A transformative influence is significantly revolutionizing cherished recipes in the world of baking. The hemp-based bakery and cereals enhancing the protein content of bakery products without sacrificing appearance and taste. Manufacturers can elevate taste, enhances nutritional profiles and boosts protein by incorporating hemp into bakery and cereals. In addition, various benefits related to hemp-based bakery and cereals, such as, can replace egg and vegan foods, stability in structure, naturally allergen free, and enhanced longer shelf life and moisture retention, which further expected to accelerate the segment growth in the global market.
Why Solid Segment Held the Largest Hemp-Based Foods Market Revenue in 2024?
The solid segment dominated the hemp-based foods market revenue in 2024. The solid segment is widely used in various dry blends, such as bioactive phytochemicals and nutrients, which may deliver daily recommendations and dietary needs. The segment provides extended shelf life, ease of storage, easy transport and packaging and single-serve options and portability to make them ideal for a wide range of food and beverage products, which may fuel the segment growth. In addition, the solid segment is significantly contributing to market growth, due to the use of dietary supplements and nutritional products, which are expected to drive the segment growth in the global market.
The Liquid Segment is Expected to Grow Fastest During the Forecast Period.
The segment growth in the hemp-based foods market is attributed to the increasing demand for plant-based beverages, increasing consumer awareness towards health and wellness, growing shift towards sustainability, rising innovations in product launches, increasing demand for sports and fitness and increasing demand for on-the-go and convenience nutrition. In addition, increasing consumer trend towards functional plant ingredients such as coconut, oat, almond, ashwagandha, moringa and matcha, driving segment demand. For instance, 70% population is consuming plant-based food and beverages like ready-to-drink beverages in the U.S., which may accelerate the segment growth in the global market.
What Factors Help Conventional Hemp Segment Grow in 2024?
The conventional hemp segment dominated the hemp-based foods market revenue in 2024. The conventional hemp proteins support good brain function, maintain lean body mass, and protect the heart. Consumption of conventional hemp reduces the risk of cardiovascular diseases, including high cholesterol and high blood pressure. In addition, conventional hemp is commonly used in sports nutrition, like smoothies, shake premixes, nuts, cereals, granola mixes, protein-enriched bars, and other beverages. Other hemp foods include ice cream, confectionery, baked goods, pasta, and butter. Furthermore, various people consume convectional hemp foods due to their technical properties, such as film-forming, oil-binding, gelling, emulsifying, and foaming. Hemp flour shortens the proofing and baking time of the dough and increases the nutritional value of the product in a bakery, which drives the segment growth.
The Organic Hemp Segment is Expected to Grow Fastest During the Forecast Period.
The segment growth in the global hemp-based foods market is driven by the increasing demand for organic foods, increasing consumer awareness of food safety, environment and health, increasing demand for clean-label and premium foods, growing regenerative agriculture and sustainability and increasing consumer trend towards plant-based and vegan diets. For instance, about 5,85,970 tons of organic products worth INR 301 million are exported from India, according to the agricultural and Processed Food Products Export Development Authority (APEDA)
How does Food & Beverages Segment Dominate Hemp-Based Foods Market Revenue in 2024?
The food and beverages segment dominated the hemp-based foods market revenue in 2024. The growing demand for health and wellness, greater demand for additive-free and clean-label products and rising environmental awareness. The expansion of the food and beverage industry and popularity of protein-rich milkshakes, contributed to the segment growth. In addition, the segment includes a variety of hemp edible drinks and products including functional beverages, protein powders, yogurt and cheese, which further accelerating the segment growth in the global market.
The Nutraceuticals Segment is Expected to Grow Fastest During the Forecast Period.
Nutraceuticals product suppliers play an important role in enhancing the hemp-based foods industry. By ensuring a consistent global supply of high-quality ingredients at a lower cost, nutraceuticals ensure a reliable supply of accessible health products and help build trust among consumers. Nutraceuticals provide pre-processed and pre-formulated products, simplifying manufacturing and logistics processes, and reducing waste and energy consumption. Hemp-based foods and nutraceuticals have been the top of customer purchases. To treat acute or chronic diseases, hemp is used to improve wellness and health, which may drive the segment growth.
What Factors Help Retail Segment Grow in 2024?
The retail segment dominated the hemp-based foods market revenue in 2024. The segment growth in the market is driven by the rising growth of in-store organic or natural solutions, increasing accessibility of consumers and widespread reach, increasing demand for offline shopping, and increasing consumer willingness to shop physically by their choice. The retail channels include hypermarkets and supermarkets, and other retail channels which are convenient and flexible to buy hemp based food products. As consumers can shop for plant-based or hemp-based food products for their choice, they can feel more flexible and comfortable while purchasing from offline stores, which further enhances the segment growth in the global market.
The Online Retail Segment is Expected to Grow Fastest During the Forecast Period.
The segment growth in the hemp-based foods market is propelled by factors such as growing changing lifestyles due to busy work schedules, increasing consumer desire to spend on hemp-based food products, increasing consumer preference towards online shopping due to availability and easy access, increasing consumer preference towards plant-based and clean label products and increasing high usage of internet penetration.
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