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Hempseed Milk Market Trends

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

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Hempseed Milk Market Trends

There are a number of noteworthy trends in the hempseed milk industry. Consumer interest in plant-based and sustainable food options is rising as a result of greater health and environmental consciousness. Flavor profile innovations, such chocolate and vanilla variations, are expanding the market. Furthermore, the addition of beneficial components like probiotics, extra vitamins, and minerals is raising the nutritional content of hempseed milk.

Growing in popularity are eco-friendly packaging options like biodegradable cartons that satisfy consumers' concerns about the environment. Growing trends in veganism and lactose intolerance are driving up demand and making hempseed milk a popular option for a wide range of consumers.

the hempseed milk industry. Consumer interest in plant-based and sustainable food options is rising as a result of greater health and environmental consciousness. Flavor profile innovations, such chocolate and vanilla variations, are expanding the market. Furthermore, the addition of beneficial components like probiotics, extra vitamins, and minerals is raising the nutritional content of hempseed milk.

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.