Global Hemp-Based Food Market Expected to Reach USD 5.8 Billion by 2033 - IMARC Group

Global Hemp-Based Food Market Statistics, Outlook and Regional Analysis 2025-2033

The global hemp-based food market size was valued at USD 1.7 Billion in 2024, and it is expected to reach USD 5.8 Billion by 2033, exhibiting a growth rate (CAGR) of 12.69% from 2025 to 2033.

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.

Global Hemp-Based Food Market Statistics, By Region

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 hemp-based food market share, on account of the availability of a strong supply chain for sourcing, producing, and distributing hemp-based food products.

North America Hemp-Based Food Market Trends:

North America holds the largest share of the market, owing to the elevating popularity of CBD-infused products. The hemp-based food sector in North America is increasing as CBD-infused products gain popularity. CBD foods produced from hemp, including snacks and drinks, are becoming more widely available in American and Canadian retail stores. For example, Manitoba Harvest, which was bought by Tilray in 2019, released CBD-infused protein powders and bars, capitalizing on the region's progressive belief in hemp-derived foods and strong customer demand for functional foods.

Europe Hemp-Based Food Market Trends:

Europe prioritizes sustainability and organic hemp foods, owing to environmentally concerned customers and favorable policies. Hemp seeds and oils are popular due to their nutritional value. In 2022, Hempro International released a certified organic hemp seed oil collection in Germany, aligning with the European Union's goal of supporting sustainable farming methods and healthy living through plant-based diets.

Asia-Pacific Hemp-Based Food Market Trends:

Asia-Pacific is experiencing a rise in demand for hemp protein powder and seeds as the region focuses on fitness and plant-based nutrition. In 2021, Navitas LLC launched premium hemp protein products in Japan and South Korea. This reflects the rising recognition of hemp's high nutritional value, appealing to health-conscious customers in metropolitan areas throughout the region.

Latin America Hemp-Based Food Market Trends:

The market in Latin America is expanding as traditional crops are complemented by hemp farming for economic and nutritional reasons. For example, Naturally Splendid teamed up with local wholesalers in Mexico in 2020 to sell hemp-based snacks. This reflects the region's changing farming techniques and the growing recognition of hemp as a versatile food ingredient.

Middle East and Africa Hemp-Based Food Market Trends:

The Middle East and Africa region is adopting hemp-based foods, such as seeds and oils, to address the growing demand for health-conscious products. In 2023, Hemp Foods Australia expanded into South Africa, advertising hemp protein and oil. This is consistent with the region's growing understanding of functional, plant-based nutrition, which is driven by rising consumer interest in health-conscious dietary alternatives and sustainable food solutions.

Top Companies Leading in the Hemp-Based Food Industry

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.

Global Hemp-Based Food Market Segmentation Coverage

• On the basis of the product, the market has been bifurcated into hemp protein powder, hemp seed oil, hemp seeds, and others, wherein hemp seeds represent the most preferred segment. Hemp seeds include vital nutrients, such as fatty acids, protein, and fiber. Furthermore, the proper ratio of omega-3 and omega-6 improves overall health.
• Based on the distribution channel, the market is bifurcated into supermarkets and hypermarkets, convenience stores, online stores, and others, wherein supermarkets and hypermarkets dominate the market. Supermarkets and hypermarkets are popular shopping destinations that prominently promote hemp-based food products.