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Hempseed Milk Market Share

Report ID: GMI10317
Published Date: Jul 2024
Report Format: PDF

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Hempseed Milk Market Share

In the competitive landscape of the hempseed milk industry, Pacific Foods, SunOpta, Good Hemp, Living Harvest, and India Hemp and Co. each bring unique strengths. Pacific Foods and SunOpta leverage their extensive distribution networks and brand recognition to reach a broad consumer base. Good Hemp stands out with its focus on sustainable farming practices and innovative product offerings.

Living Harvest emphasizes organic and non-GMO certifications, appealing to health-conscious consumers. India Hemp and Co. likely focuses on local markets and cultural relevance. Amidst growing consumer demand for plant-based milk alternatives, these companies compete by offering varied product formulations, flavors, and packaging innovations to capture market share.

Hempseed Milk Market Companies

Top companies operating in the hempseed milk industry include:

Pacific Foods
SunOpta
Good Hemp
Living Harvest
India Hemp and Co.
Dulve
Kanapu Hempery
Ecomil
Hudson River Food
Golden Hemp Company

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of hempseed milk reached USD 123.2 million in 2023 and will record 7.6% CAGR from 2024 to 2032, owing to its usage as a dairy-free alternative for lactose-intolerant individuals, along with the increased interest in plant-based and sustainable food options.

The unflavored segment will expand at the rate of 7.6% from 2024 to 2033, attributed to its versatility and wide appeal, making it suitable for a variety of culinary applications, from smoothies and baking to coffee and cereal.

North America market will record 7.8% CAGR during 2024 and 2032, on account of a robust infrastructure for food & beverage innovation, facilitating product development and distribution across the region.

Pacific Foods, SunOpta, Good Hemp, Living Harvest, India Hemp and Co., Dulve, Kanapu Hempery, Ecomil, Hudson River Food, and Golden Hemp Company among others.