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Hemp Protein Powder Market Share

Report ID: GMI11999
Published Date: Oct 2024
Report Format: PDF

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Hemp Protein Powder Market Share

The competitive landscape for hemp protein powder features several notable players. Anthony's Goods stands out for its high-quality products and strong online presence, catering to health-conscious consumers. Evo Hemp focuses on sustainability and sourcing practices, appealing to eco-friendly buyers. Health Horizons distinguishes itself with a diverse product range, including flavored hemp protein options, enhancing consumer choice. India Hemp and Co. leverages the growing demand for local sourcing, promoting its organic offerings while emphasizing the nutritional benefits of hemp.

Meanwhile, India Hemp Organics targets the wellness market, highlighting its commitment to purity and organic certification. Collectively, these companies drive innovation and competition in the market, each carving out unique niches to attract their target audiences.

Hemp Protein Powder Market Companies

Major players operating in the hemp protein powder industry are:

Anthonys Goods
Evo Hemp
Health Horizons
India Hemp Organics
Manitoba Harvest
Navitas Organics
Nutiva
Sunwarrior
Terrasoul Superfoods

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of hemp protein powder reached USD 165.5 million in 2023 and is set to grow at a 13.8% CAGR from 2024 to 2032, driven by rising consumer demand for plant-based protein alternatives.

The conventional segment recorded USD 108.2 million in 2023 and is expected to expand at a 14% CAGR from 2024 to 2032 due to established cultivation practices and broad consumer familiarity.

The offline retail segment held over USD 91.6 million in 2023 and is projected to grow at a 14% CAGR through 2032, propelled by consumer preference for physical shopping experiences and immediate product availability.

The U.S. market recorded around USD 39.2 million in 2023 and is poised to witness 14% CAGR until 2032, led by advanced agricultural infrastructure and increasing consumer awareness of plant-based nutrition.

The major players in the industry include Anthonys Goods, Evo Hemp, Health Horizons, India Hemp Organics, Manitoba Harvest, Navitas Organics, Nutiva, Sunwarrior, and Terrasoul Superfoods.