Global Hemp Seed Protein Market Surpass Revenues Worth US$ 12.30 Billion by 2026

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Zion Market Research has published a new report titled “Hemp Seed Protein by Product Type (Powdered Form and Liquid Form), by Application (Food & Beverages, Pharmaceutical, Cosmetics, and Others) Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2026.”According to the report, the Hemp Seed Protein market accounted for USD 5.51 Billion in 2018 and is expected to reach USD 12.30 Billion by 2026, growing at a CAGR of around 10.6% between 2019 and 2026.

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Hemp seed protein refers to the industrial by-product of hemp seeds, and it contains a good balance of oil, protein, and carbohydrates. Hemp seed typically contains over 30% oil and about 25% protein, with considerable amounts of dietary fiber, vitamins and minerals. Hempseed oil is over 80% in polyunsaturated fatty acids (PUFAs) and is an exceptionally rich source of the two essential fatty acids (EFAs) linoleic acid (18:2 omega-6), and alpha-linolenic acid (18:3 omega-3). The omega-6 to omega-3 ratio (n6/n3) in hempseed oil is normally between 2:1 and 3:1, which is considered to be optimal for human health. In addition, the biological metabolites of the two EFAs, gamma-linolenic acid (18:3 omega-6; ‘GLA’) and stearidonic acid (18:4 omega-3; ‘SDA’), are also present in hempseed oil. The two main proteins in hemp seed are edestin and albumin. Both of these high-quality storage proteins are easily digested and contain nutritionally significant amounts of all essential amino acids. In addition, hemp seed has exceptionally high levels of the amino acid arginine. Hemp seed has been used to treat various disorders for thousands of years in traditional oriental medicine. Recent clinical trials have identified hempseed oil as a functional food, and animal feeding studies demonstrate the long-standing utility of hempseed as an important food resource.

Based on form, the global hemp seed protein market has been categorized into powdered and liquid form. The powder form segment is anticipated to gain a substantial market share over the forecast timeline. Hemp is a complete protein, containing all nine essential amino acids that humans must get from food. However, research is mixed on the exact amounts of these amino acids it contains. One study found that the amino acid profile of hemp protein is similar to egg whites and soy, which are both high-quality protein sources. Furthermore, animal proteins are more easily digested than plant proteins, but research shows that 91–98% of the protein in ground hemp seed is digestible. This means that the human body can use almost all of the amino acids in hemp protein powder for important bodily functions, such as repair and maintenance. Researchers believe that hemp is so easy to digest because it contains the proteins edestin and albumin, which the human body can break down quickly. Hemp protein powders can contain different amounts of fiber depending on whether they were made from hulled or unhulled hemp seeds and whether additional fiber was added. Most hemp protein powders contain 7–8 grams of fiber per 1/4 cup (30 grams) and provide 18–28% of the recommended daily intake (RDI) of fiber for men and women respectively. As compared to other plant-based protein powders such as soy, pea and rice are highly refined and contain very little fiber. Hemp protein powder is a great way to add both protein and fiber to the diet.

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On the basis of end-use, the global hemp seed protein market has been divided into food & beverages, pharmaceuticals, cosmetics, and others. The food & beverage segment is anticipated to account for the largest market share over the forecast timeline. This can be attributed to the high fiber and protein content in hemp seed. Studies have shown that consuming plant-based protein can help in reducing the risk of diseases such as cardiovascular diseases and cancer. Moreover, it has various other benefits such as immune-system booster, weight suppressant, and its ability to lower blood pressure and cholesterol.

Some key players in operating in the hemp seed protein market are Hemp Oil Canada, Navitas Organics, NOW Foods, North American Hemp & Grain, Manitoba Harvest, GFR Ingredients, and Z-Company among others.

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This report segments the global hemp seed protein market as follows:

Global Hemp Seed Protein Market: Form Segment Analysis

  • Powdered Form
  • Liquid Form

Global Hemp Seed Protein Market: End-Use Segment Analysis

  • Food & Beverage
  • Pharmaceutical
  • Cosmetics
  • Others

Global Hemp Seed Protein Market: Regional Segment Analysis

 

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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