Hemps Seed Oil Market: Industry Analysis and Forecast (2024-2030)

Hemps Seed Oil Market to reach USD 198.67 Mn by 2030, growing at a CAGR of 11.55 percent and forecast (2024-2030)

Hemps Seed Oil Market is segmented into Hemps Seed Oil by Nature, Type, Distribution Channel and Region. For the estimation of the Hemps Seed Oil Market size, the bottom-up approach was used.

Stellar Market Research, an international business & consultancy firm has recently published a research report on the "Hemps Seed Oil Market". The total global market for the "Hemps Seed Oil Market" was valued at USD 92.45 Million in 2023 and is expected to grow at a CAGR of 9.32 Percent over the forecast period to reach USD 198.67 Million by 2030. By continuing agreement with evolving consumer preferences and advancements in technology and deep formulation research to achieve products, there exists the significant potential for innovative, stylish, and modern lifestyles to drive the Hemps Seed Oil market.

To access more details regarding this research, visit the following webpage:https://www.stellarmr.com/report/Hemps-Seed-Oil-Market/1940

Hemps Seed Oil Market Report Scope and Research Methodology

The SMR report thoroughly explores the dynamics of the Hemps Seed Oil Market, including its drivers, restraints, opportunities, and threats. It segments the market across major regions: North America, Europe, Asia Pacific, the Middle East and Africa, and South America. Furthermore, it provides a strategic analysis of key market players, offering a comprehensive examination of company profiles, revenue streams, product specifications, technological advancements, sales figures, pricing strategies, and gross margins. The report offers an industry overview and tracks market developments within the Hemps Seed Oil sector. By employing SWOT analysis, it assesses the strengths and weaknesses of the Hemps Seed Oil Market. Furthermore, the report uses a bottom-up approach to estimate the market size for Hemps Seed Oil.

Hemps Seed Oil Market Overview

Hemps Seed Oil, often referred to as activated charcoal, is a form of graphite used in pencil Hemps Seed Oil, also known as activated charcoal, is a highly porous form of carbon with an exceptionally large surface area, often exceeding 1000 square meters per gram. Produced from carbon-rich materials like coal, coconut shells, and wood through carbonization and activation processes, it is renowned for its strong adsorption capabilities. This makes it invaluable in various applications, including water and air purification, medical treatments for poisonings, and industrial processes for gas and chemical purification. Its versatility and efficiency in capturing a broad spectrum of contaminants underscore its widespread use and significance in enhancing environmental and public health.

Hemps Seed Oil Market Dynamics

The Hemps Seed Oil Market is gaining traction thanks to the rising popularity of hemp seed oil, attributed to its high omega-3 and omega-6 content, which offer numerous health benefits. Hemp seed oil is known for its anti-inflammatory properties, which can help reduce the risk of heart disease and cancer. As awareness of these health benefits grows, hemp seed oil is increasingly being incorporated into cooking oils, sauces, salad dressings, baked goods, and nutritional supplements. Furthermore, the use of hemp seed oil is expanding across various industries, including Food & Beverages, nutraceuticals, and cosmetics, signaling a promising future for the Hemps Seed Oil Market. Furthermore, hemp seed oil has found applications in the pet care industry, green building materials, and biofuels, further broadening its Hemps Seed Oil Market potential.

Regional Insight Hemps Seed Oil Market:



In 2023, North America dominated the Hemps Seed Oil Market and is expected to maintain its dominance over the forecast period. The North American Hemps Seed Oil Market is witnessing robust growth, driven by several key factors. The increasing legalization of hemp cultivation across the United States and Canada has significantly bolstered the market, providing a legal framework that supports the production and distribution of hemp-derived products. This regulatory shift, coupled with a growing consumer awareness of the health benefits associated with hemp seed oil, is fuelling demand.

Consumers in North America are increasingly incorporating hemp seed oil into their diets due to its rich content of omega-3 and omega-6 fatty acids, which are known for their anti-inflammatory and heart health benefits. Additionally, the health and wellness trends are driving the use of hemp seed oil in a variety of products, including cooking oils, salad dressings, and nutritional supplements.



For in-depth information on this study, visit the following link:https://www.stellarmr.com/report/req_sample/Hemps-Seed-Oil-Market/1940

Hemps Seed Oil Market Segmentation

Based on the Type, the powdered Hemps Seed Oil (PAC) segment to dominate the Hemps Seed Oil Market over the forecast period

Based on type, in 2023, the powdered Hemps Seed Oil (PAC) segment dominated the market, holding the largest share of the overall market in terms of revenue. PAC, with its smaller particle size compared to granular Hemps Seed Oil, boasts a higher surface-to-volume ratio. This makes it ideal for direct introduction into process units such as quick mix basins, clarifiers, and gravity filters. Traditionally, Hemps Seed Oil is manufactured as powders or small granules less than 1.0 mm in diameter, typically ranging from 0.15 mm to 0.25 mm. The effectiveness of PAC in adsorbing tastes and odors depends on factors such as proper mixing, contact time, dosage, and the source and severity of the odor or taste issue. PAC is widely used in various applications, including wastewater treatment.

Hemps Seed Oil Market by Nature

Organic
Conventional
In 2023, the conventional segment held a higher share of the hemps seed oil market, driven by several key factors. The primary reason for the dominance of the conventional segment is its capacity for higher production. Conventional farming methods are typically optimized for maximum yield, which allows producers to meet the growing demand for hemp seed oil more effectively. These methods involve the use of established agricultural practices, such as the application of fertilizers and pesticides, which can enhance crop growth and resilience against pests and diseases. As a result, the overall production volume is significantly higher compared to organic or alternative farming methods.

Hemps Seed Oil Market by Type

Cold-pressed
Refined
Hemps Seed Oil Market, by Distribution Channel

B2B
B2C
Hypermarkets & Supermarkets
Convenience Stores
Online
Others
Hemps Seed Oil Market Key Competitors include:

Leading local and international firms have established significant presence in the hemps seed oil market. The industry has expanded due to the rising demand for FDA-approved products and a surge in government approvals of based products. Additionally, major players are driving market growth by adopting strategies such as mergers, acquisitions, and collaborations, enabling them to introduce new products and increase production capacities. These efforts are collectively supporting the global growth of the hemps seed oil market.

Manitoba Harvest Hemp Foods - Canada
Hemp Oil Canada - Canada
Canopy Growth Corporation - Canada
Isodiol International Inc. - Canada
Elixinol Global Limited - Australia
CV Sciences Inc. - USA
Nutiva Inc. - USA
Hempco Food and Fiber Inc. - Canada
Green Roads of Florida LLC - USA
Folium Biosciences LLC - USA
Kazmira LLC - USA
PharmaHemp d.o.o. - Slovenia
Aphria Inc. - Canada
Charlotte's Web Holdings Inc. - USA
ENDOCA BV - Netherlands
Medical Marijuana Inc. - USA
Bluebird Botanicals - USA
HempLife Today - USA
HempMeds - USA
Bioriginal Food & Science Corp - Canada​ (Bioriginal)​
Connoils LLC - USA​ (Connoils)​
NutraPak USA - USA​ (Nutrapakusa)​
Colorado Hemp Works - USA​ (Colorado Hemp Works)​
Organicway (Organic-Way.com) - China​


To Learn More About This Study, Please Click Here:https://www.stellarmr.com/report/req_sample/Hemps-Seed-Oil-Market/1940

Key questions answered in the Hemps Seed Oil Market are:

What is Hemps Seed Oil?
What was the Hemps Seed Oil Market size in 2023?
What is the expected Hemps Seed Oil Market size by 2030?
What is the growth rate of the Hemps Seed Oil Market?
What are the key benefits of the Hemps Seed Oil Market?a
What are the new trends in Hemps Seed Oil?
What are the driving, opportunity, and restraining factors in the global Hemps Seed Oil Market?
Which are the factors expected to drive the Hemps Seed Oil Market growth?
Which factors are expected to restrain the Hemps Seed Oil Market growth?
Which segment dominated the Hemps Seed Oil Market growth?
What is the demand pattern for the Hemps Seed Oil Market?
Which region held the largest share of the Hemps Seed Oil Market?
Who are the key players in the Hemps Seed Oil Market?


Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023 -2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by Type, Application, and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations




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About Stellar Market Research:

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