Hemp Milk Market Trends, Demand and Growth Forecast 2025-2033 from stanley huds's blog

Global Hemp Milk Market Statistics: USD 867.8 Million Value by 2033

Summary:

• The global hemp milk market size reached USD 325.2 Million in 2024.
• The market is expected to reach USD 867.8 Million by 2033, exhibiting a growth rate (CAGR) of 11.45% during 2025–2033.
• North America leads the market, accounting for the largest hemp milk market share.
• On the basis of the variant, the market has been bifurcated into flavored and unflavored.
• Sweetened holds the largest share in the hemp milk industry.
• Organic remains a dominant segment in the market due to the increasing awareness among the masses about the benefits of organic hemp milk.
• Supermarkets and hypermarkets represent the leading distribution channel segment.
• The rising demand for healthy food products is a primary driver of the hemp milk market.
• The growing environmental concerns are reshaping the hemp milk market.

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Industry Trends and Drivers:

● Increasing demand for healthy food products:

Hemp milk is becoming popular with the modern generation because of issues to do with health. Thus, people switch to other products instead of dairy products or take products that are the most similar to them but can be healthier. Hemp milk has Omega 3 and Omega 6 fatty acids which play significant role in heart and brain health. It also contains Vitamin D, calcium and magnesium which are good for the bones. But also, their better taste as well as nutrients content is driving the population towards the products and the market of hemp milk.

● Rising preferences for plant-based diets:

This sector is experiencing high growth globally, which is majorly attributed to increased inclination towards plant based diets. At the same time, lovers of the vegan diet and people who have problems with dairy production are switching to the consumption of hemp milk, which is also a product rich in nutrients. Another factor, related to improving the quality of products and concerns for animals and the environment resulted in the increased number of vegans also contributes to market growth. Furthermore, hemp milk is used in smoothies, coffee, cereal and baking products and is thus consumed by a broad category of consumers.

● Growing environmental concerns:

More consumers are picking food products they consider to be sustainably produced and with a relatively small ecological footprint. Thus hemp plants which are less water and pesticide demanding best fit the bill. It caters for the green consumers who wish to cut down on the carbon footprint and go for organic farming. On the same note, a change of preference from dairy products and less ecological plant based milks to hemp milk is the driving force to the market.

We explore the factors driving the growth of the market, including technological advancements, consumer behaviors, and regulatory changes, along with emerging hemp milk market trends.

Hemp Milk Market Report Segmentation:

Breakup By Variant:

• Flavored
• Unflavored

On the basis of variant, the market has been bifurcated into flavored and unflavored.

Breakup By Type:

• Sweetened
• Unsweetened

Sweetened accounts for the largest market share due to rising consumer preferences for rich flavors.

Breakup By Category:

• Organic
• Conventional

Organic represents the largest segment driven by the increasing number of health-conscious people.

Breakup By Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Stores

Supermarkets and hypermarkets hold the biggest market share as they offer enhanced convenience to users and provide a wide range of products in one place.

Breakup By Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

North America enjoys the leading position in the hemp milk market on account of the increasing focus on maintaining a healthy lifestyle among people.

Top Hemp Milk Market Leaders:

The hemp milk market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

• Good Hemp Food
• Goodmylk Co.
• Hudson River Foods
• Living Harvest Foods Inc
• Manitoba Harvest Hemp Foods
• Pacific Foods of Oregon Inc
• Sunopta Inc

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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