Hemp Milk Market Size and Share

Hemp Milk Market Summary
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Hemp Milk Market Analysis by Mordor Intelligence

The global hemp milk market size, valued at USD 246.00 million in 2025, is projected to reach USD 379.11 million by 2030, demonstrating a compound annual growth rate (CAGR) of 9.04%. This growth trajectory reflects significant changes in the plant-based beverage industry, driven by three key factors: enhanced regulatory frameworks, growing consumer focus on health and wellness, and increasing environmental consciousness. The FDA's January 2025 draft guidance on plant-based milk labeling has created a more transparent regulatory environment for manufacturers, while the expansion of hemp cultivation in the United States has strengthened the supply chain infrastructure. Consumer preferences continue to evolve toward functional beverages with substantial nutritional benefits, making hemp milk particularly attractive due to its comprehensive amino-acid profile and beneficial omega-6 to omega-3 ratio of 3:1-4:1. The market structure currently exhibits moderate consolidation, creating opportunities for new companies to establish themselves in specialized market segments, while established manufacturers maintain competitive advantages through their integrated operations. Regional market performance varies considerably across global markets, with North America maintaining its position as the value leader, while the Asia-Pacific region demonstrates the highest growth momentum, indicating a broader shift toward premium plant-based protein alternatives.

Key Report Takeaways

  • By product type, sweetened variants held 62.34% of hemp milk market share in 2024, whereas unsweetened products are forecast to expand at a 10.32% CAGR between 2025-2030.
  • By variants, unflavoured hemp milk commanded a 58.89% share of the hemp milk market size in 2024, while flavoured offerings are advancing at a 10.21% CAGR through 2030.
  • By packaging, Tetra-Pak cartons accounted for 52.43% of the hemp milk market size in 2024; bottle formats are growing at a 9.94% CAGR to 2030.
  • By distribution channel, retail captured 66.32% of 2024 sales and is projected to maintain the fastest 9.90% CAGR over 2025-2030.
  • By geography, North America controlled 37.11% of 2024 revenue, whereas Asia-Pacific is predicted to post the highest 9.73% CAGR during the forecast window.

Segment Analysis

By Product Type: Unsweetened Gains Despite Sweetened Dominance

The hemp milk market demonstrates a significant consumer preference pattern, with sweetened variants commanding a substantial 62.34% market share in 2024. This market dominance indicates that consumers actively seek familiar taste profiles during their transition from traditional dairy products, making sweetened hemp milk a comfortable alternative in their daily consumption habits.

The unsweetened hemp milk segment presents a compelling growth trajectory, advancing at a notable 10.32% CAGR through 2030. This expansion directly correlates with increasing consumer awareness about sugar intake reduction while maximizing the inherent nutritional advantages of hemp. The segment's growth aligns seamlessly with broader industry movements toward reduced sugar content and clean label transparency. Recent technological advancements in hemp seed processing have successfully enhanced the nutritional composition while minimizing anti-nutrients, enabling manufacturers to develop unsweetened products that effectively balance taste appeal with functional health benefits. This development has positioned unsweetened hemp milk as an increasingly attractive option for health-conscious consumers in the alternative milk market.

Global Hemp Milk Market: Market Share by Product Type
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By Variants: Flavored Innovation Drives Market Expansion

Unflavored hemp milk continues to be the market leader, capturing 58.89% of the market share in 2024. This dominance reflects consumer preferences for hemp's authentic taste profile, which aligns with the growing demand for natural and minimally processed plant-based alternatives. The traditional unflavored variant maintains its strong position as health-conscious consumers increasingly incorporate plant-based milk alternatives into their daily routines.

The flavored hemp milk segment shows promising growth prospects, with a projected CAGR of 10.21% through 2030. This growth is fueled by consumers seeking more diverse and enjoyable taste experiences in their plant-based beverages. Manufacturers are capitalizing on this trend by introducing seasonal products and limited editions at premium price points. The integration of advanced fermentation technology has revolutionized the production process, resulting in products that offer both enhanced taste profiles and increased functional benefits. For instance, the development of GABA-enriched hemp milk through solid-state co-fermentation demonstrates how manufacturers can create products that combine appealing flavors with superior nutritional value, enabling them to command premium prices based on both taste and functionality.

By Packaging Type: Bottles Gain Ground on Sustainability Trends

The market for hemp milk packaging continues to be led by Tetra-Pak cartons, which maintain a 52.43% share in 2024. This dominance stems from well-established supply chains and widespread consumer recognition in plant-based beverages. In the growing segment, bottle packaging is gaining momentum with a 9.94% CAGR through 2030, as consumers increasingly value resealable options and the premium appeal of glass bottles. The industry is witnessing a clear shift in packaging preferences, reflecting consumer demand for convenient, portable serving sizes.

The hemp milk industry is experiencing a significant transformation in packaging decisions, driven by heightened environmental awareness. With the introduction of new EU plastic packaging regulations and sustainability requirements, manufacturers are actively pursuing eco-friendly packaging alternatives [4]Source: United States Department of Agriculture, “FAIRS Country Report Annual,” apps.fas.usda.gov. This evolving regulatory landscape presents opportunities for companies to align their packaging strategies with sustainability goals, allowing them to build stronger brand identities through environmentally conscious packaging choices.

By Distribution Channel: Retail Dominance Continues

The retail landscape for hemp milk shows remarkable strength, capturing 66.32% of the market share in 2024. With a projected growth rate of 9.90% CAGR through 2030, retailers have successfully integrated hemp milk into their mainstream grocery offerings. This significant retail presence indicates strong consumer acceptance, enabling hemp milk to secure valuable shelf space in supermarkets and hypermarkets. While foodservice channels make up the remaining market share, they face ongoing challenges due to hemp milk's higher price point compared to other plant-based alternatives.

Hemp milk's success in retail channels stems from its practical shelf-stable nature and premium market position, which allows retailers to maintain profitable margins. The online retail segment has emerged as a particularly dynamic area of growth, with consumers increasingly turning to digital platforms for specialty products and bulk purchases. This trend is particularly evident in the Canadian market, where companies in the plant-based milk industry are actively investing in innovations and new product development to strengthen their competitive position in the retail space.

Global Hemp Milk Market: Market Share by Distribution Channel
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Geography Analysis

North America stands at the forefront of the global hemp milk market, holding a commanding 37.11% market share in 2024. The region's success builds upon its forward-thinking regulatory environment and sophisticated hemp cultivation infrastructure that forms the backbone of efficient domestic supply chains. The implementation of Canada's Safe Food for Canadians Act has created a clear pathway for manufacturers, removing regulatory hurdles and streamlining market access. North American consumers demonstrate a deep understanding of plant-based alternatives, supported by an extensive retail network that effectively distributes premium specialty products. While the region maintains its market leadership, the mature market environment presents competitive challenges that may impact growth rates compared to emerging markets where alternative protein sectors are still developing.

Asia-Pacific emerges as the market's growth engine, recording a robust 9.73% CAGR through 2030. This dynamic growth reflects the region's evolving consumer landscape, characterized by an expanding middle class and increasing health awareness that drives demand for functional food products. Chinese consumers particularly demonstrate a strong inclination toward nutritional value in plant-based milk choices, placing health benefits above price considerations. The region's growth story is further enhanced by rising disposable incomes and ongoing urbanization trends that create natural demand for convenient, premium food products. However, the journey ahead requires significant investment in consumer education about hemp's nutritional benefits to achieve market penetration levels similar to established alternatives like soy and almond milk.

Europe continues to shape the market through its strong environmental ethos and well-established plant-based food ecosystem, creating natural opportunities for hemp milk adoption. The EU's Novel Foods Regulation provides a structured framework for product authorization, though manufacturers must navigate extended approval timelines that influence market entry strategies. Despite these regulatory considerations, Europe's commitment to sustainability and plant-based alternatives continues to drive market development and innovation in the hemp milk segment.

Global Hemp Milk Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The hemp milk market maintains a balanced competitive structure, where established companies hold strong positions while providing space for specialized and regional players to thrive. Companies like Manitoba Harvest, under Tilray's ownership, have built comprehensive supply chains that span from hemp farms to manufacturing facilities. This end-to-end control gives them significant advantages in cost management and quality assurance, which smaller competitors find challenging to match, particularly when hemp seed prices change due to farming conditions and regulatory updates.

Innovation in processing technology has become a key success factor, as companies invest in advanced methods to enhance their products' nutritional value and improve taste characteristics. A notable example is Burcon NutraScience's breakthrough in developing the industry's first high-purity hemp protein isolate, demonstrating how technological advancement can create distinct market advantages in developing plant-based products.

The market's growth benefits from hemp's GRAS (Generally Recognized as Safe) classification across various regions, which simplifies market entry compared to other new protein sources that require extensive safety testing. The industry is experiencing a wave of consolidation as larger food companies purchase specialized hemp producers to gain their supply networks and established brands. This environment creates valuable opportunities for strategic alliances and potential business exits for smaller companies.

Hemp Milk Industry Leaders

  1. Campbell Soup Company

  2. Living Harvest Foods

  3. Good Hemp

  4. Manitoba Harvest Hemp Foods

  5. Elmhurst 1925

  6. *Disclaimer: Major Players sorted in no particular order
Hemp Milk Market
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Recent Industry Developments

  • November 2024: CV Sciences signed a definitive agreement to acquire Extract Labs, a hemp product manufacturer. The acquisition aims to expand the company's product portfolio through its +PlusCBD™ brand and improve supply chain efficiency.
  • May 2024: Lithuanian hemp processing company established partnerships for organic hemp and pumpkin products across European markets, emphasizing pesticide-free production and innovative processing equipment.
  • April 2023: JOI introduced Hemp Milk Concentrate, a product made from organic hemp hearts. The concentrate is available in 8 lb pails and can be used for cooking or mixed with water to create hemp milk.

Table of Contents for Hemp Milk Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising food allergies and intolerances
    • 4.2.2 Expanding vegan, vegetarian, and flexitarian populations
    • 4.2.3 Surging demand for plant-based diets and beverages
    • 4.2.4 Increased awareness around health and nutrition
    • 4.2.5 Focus on environmentally sustainable food choices
    • 4.2.6 Diversification of flavor options
  • 4.3 Market Restraints
    • 4.3.1 Regulatory hurdles and ambiguous hemp classification in some regions
    • 4.3.2 Perceived association of hemp with psychoactive cannabis
    • 4.3.3 Limited consumer awareness in several large markets
    • 4.3.4 Comparatively high retail prices than dairy and some plant-milks
  • 4.4 Supply Chain Analysis
  • 4.5 Regulatory Outlook
  • 4.6 Porter’s Five Forces
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers/Consumers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry

5. MARKET SIZE and GROWTH FORECASTS (VALUE)

  • 5.1 By Product Type
    • 5.1.1 Unsweetened
    • 5.1.2 Sweetened
  • 5.2 By Varients
    • 5.2.1 Unflavoured
    • 5.2.2 Flavoured
  • 5.3 By Packaging Type
    • 5.3.1 Tetra-Pak Carton
    • 5.3.2 Bottle
    • 5.3.3 Others
  • 5.4 By Distribution Channel
    • 5.4.1 Foodservice
    • 5.4.2 Retail
    • 5.4.2.1 Supermarkets and Hypermarkets
    • 5.4.2.2 Convenience Stores
    • 5.4.2.3 Online Retail
    • 5.4.2.4 Others
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.1.4 Rest of North America
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 Italy
    • 5.5.2.4 France
    • 5.5.2.5 Spain
    • 5.5.2.6 Netherlands
    • 5.5.2.7 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 Australia
    • 5.5.3.5 Rest of Asia-Pacific
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 South Africa
    • 5.5.5.2 Saudi Arabia
    • 5.5.5.3 United Arab Emirates
    • 5.5.5.4 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials (if available), Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Campbell Soup Company
    • 6.4.2 Living Harvest Foods
    • 6.4.3 Good Hemp Food
    • 6.4.4 Manitoba Harvest Hemp Foods
    • 6.4.5 Elmhurst 1925
    • 6.4.6 Ecomil
    • 6.4.7 Sojade
    • 6.4.8 SunOpta Inc.
    • 6.4.9 Living Harvest Foods
    • 6.4.10 Hemi GmbH
    • 6.4.11 Goodmylk Co.
    • 6.4.12 Refresh Juice (Australia)
    • 6.4.13 Hemp Bliss (Manitoba)

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

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Global Hemp Milk Market Report Scope

By Product Type
Unsweetened
Sweetened
By Varients
Unflavoured
Flavoured
By Packaging Type
Tetra-Pak Carton
Bottle
Others
By Distribution Channel
Foodservice
Retail Supermarkets and Hypermarkets
Convenience Stores
Online Retail
Others
By Geography
North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
Italy
France
Spain
Netherlands
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
United Arab Emirates
Rest of Middle East and Africa
By Product Type Unsweetened
Sweetened
By Varients Unflavoured
Flavoured
By Packaging Type Tetra-Pak Carton
Bottle
Others
By Distribution Channel Foodservice
Retail Supermarkets and Hypermarkets
Convenience Stores
Online Retail
Others
By Geography North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
Italy
France
Spain
Netherlands
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
United Arab Emirates
Rest of Middle East and Africa
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Key Questions Answered in the Report

What is the hemp milk market size in 2025?

The hemp milk market size stands at USD 246 million in 2025, with a projected 9.04% CAGR to 2030.

Which region leads the hemp milk market?

North America leads with 37.11% of 2024 revenue, supported by mature hemp supply chains and clear food-safety rules.

Which product segment is growing fastest?

The unsweetened product type is set to expand at a 10.32% CAGR between 2025-2030 as health-minded consumers curb added-sugar intake.

What is the main regulatory barrier to hemp milk expansion?

Inconsistent hemp classification across jurisdictions triggers prolonged approval timelines, notably under the EU Novel-Foods process.

Are bottles or cartons gaining more popularity?

Bottles are the faster-growing pack at a 9.94% CAGR due to resealability and consumer perception of premium, eco-friendly materials.

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