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    Home > Research Reports > Hemp Protein Market Scope, Burgeoning Demand, Key Trends, Notable Developments, Geographical Analysis and Forecast to 2029
    Research Reports

    Hemp Protein Market Scope, Burgeoning Demand, Key Trends, Notable Developments, Geographical Analysis and Forecast to 2029

    Published by TMR Research Insights

    Posted on October 4, 2021

    4 min read

    Last updated: January 31, 2026

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    Quick Summary

    The hemp protein market is expanding due to demand from the food and beverage industry, with significant growth expected in the US. Key players are capitalizing on trends to meet consumer needs.

    Hemp Protein Market Growth, Trends, and Forecast to 2029

    Global Hemp Protein Market: Overview

    Hemp refers to a wide variety of the cannabis sativa plant and it is

    grown to optimize the use of fibers in the stalk of the plant or to maximize production of seed. In addition to its medical uses, hemp is also used in the production of a large number of products. It comes with a very high tensile strength, which makes it ideal for use in the making of thread, rope, and string. It is also used in the making of fiberglass like material, which is light yet strong and safe. Such multiple uses of hemp support growth of the global Hemp Protein market.

    Source, application, and region are the three key parameters based on which the global hemp protein market has been divided. The objective of such segmentation is to offer a clearer, 360-degree view of the market.

    Get Brochure of the Report @  https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6745

    Global Hemp Protein Market: Notable Developments

    The global hemp protein market has come across some major developments over the last few years. One of such developments that have played an important role in influencing the course of the market is mentioned below:

    • In February 2019, Canada-based cannabis and pharmaceutical firm, Tilray, Inc, acquired Manitoba Harvest, hemp food maker. The acquisition is likely to diversify and expand the product portfolio of Tilray into the category of natural food items. It will bring forth the knowledge and skill of Manitoba Harvest when working with cannabinoids in Tilray.

    Some of the key players in the global hemp protein market comprise the below-mentioned:

    • North American Hemp & Grain Co. Ltd
    • Navitas LLC, Hemp Oil Canada Inc
    • Cosucra Groupe Warcoing SA
    • Aurora Cannabis (Hempco Food and Fiber Inc.)
    • Tilray, Inc.
    • CHII Naturally Pure Hemp

    Global Fragrances Market: Key Trends

    The following drivers, restraints, and opportunities characterize global hemp protein market over the assessment period, from 2019 to 2027.

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    Demand to Ride on the Back of Burgeoning Demand from Food and Beverage Industry

    The global hemp protein market is likely to observe notable growth in the times to come, thanks to its burgeoning demand from the food and beverage industry. This increased demand for hemp protein is ascribed to the rising consumer awareness about the benefits associated with the use of hemp-based products. Some of the hemp protein-based products are hemp seed oil, whole hemp seed, hemp protein powder, and hulled hemp seed.

    Hemp protein finds use in an extensive range of industries such as personal care, nutraceuticals, pharmaceuticals, beverages, cosmetics, and food industries. The prominent players in the food and beverage sector are relentlessly targeting the recent trends in consumption of food items that come with hemp protein. These players are capitalizing on these trends to come up with products that would cater to the needs of both domestic and national players. The growing imports and exports of hemp products are foreseen to support expansion of the global hemp protein market.

    Global Hemp Protein Market: Geographical Analysis

    In the global hemp protein market, the US is one of the most promising regions and is expected to retain its lucrativeness throughout the tenure of analysis, from 2019 to 2027. With the introduction of the US Farm Bill in 2014, states were empowered with the ability to run hemp pilot programs. The permission of the federal government, however, is needed to conduct such programs. This bill is likely to work in favor of the hemp protein market in the region.

    The global hemp protein market is segmented as:

    Source

    • Organic
    • Conventional

    Application

    • Functional Food
    • Functional Beverage
    • Dietary Supplements
    • Pharmaceutical
    • Personal Care

    Get Table of Content of the Report @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=6745

    About Us:

    TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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    Key Takeaways

    • •Hemp protein market driven by food and beverage industry demand.
    • •Key players include Tilray, Inc. and North American Hemp & Grain Co.
    • •US remains a promising region for hemp protein market growth.
    • •Hemp protein applications span multiple industries.
    • •Notable developments include Tilray's acquisition of Manitoba Harvest.

    Frequently Asked Questions about Hemp Protein Market Scope, Burgeoning Demand, Key Trends, Notable Developments, Geographical Analysis and Forecast to 2029

    1What is the main topic?

    The article focuses on the growth and trends in the global hemp protein market, including key players and geographical analysis.

    2What industries use hemp protein?

    Hemp protein is used in industries such as food and beverage, pharmaceuticals, personal care, and nutraceuticals.

    3What are notable developments in the hemp protein market?

    A significant development is Tilray, Inc.'s acquisition of Manitoba Harvest to expand its natural food product portfolio.

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