Market Size of Global Hemp Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 15.20 % |
| Fastest Growing Market | Europe |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Hemp Protein Market Analysis
The global hemp protein market is projected to grow at a CAGR of 15.2% during the forecasted period 2019-2024.
- Hemp has many special characteristics that makes it different in the plant industry. One of them is,Its DNA structure is closely aligned with human DNA and hence, as a food source, it nourishes the body in a perfect proportion.
- Hemp is naturally gluten free, non GMO, free of trypsin inhibitors, and virtually free of any form of residual chemicals. Hemp protein is highly nutritious and easily digested.
- Hemp protein is the industrial by- product of hemp seeds.
- The hemp protein in powdered form is having high demand as compared to the liquid form due to increased shelf life, convenience, and other associated factors.
