Hemp protein is the industrial byproduct of hemp seeds. Hemp seeds are composed of 35 percent protein, 10 percent carbohydrates, and 45 percent oil. At the same time, hemp seeds are grown without any pesticides, fungicides, and herbicides, which make them eco-friendly. Hemp protein is a rich source of amino acids that are essential to fulfil the protein need of the human body. It also lowers the risk of diabetes, heart diseases, diverticular disease, and constipation.
In 2018, the US hemp protein market stood at 5.2 KT and is expected to reach xx KT by the end of 2026; growing at a significant CAGR during the forecast period. In terms of value, the US hemp protein market was US$ 207.2 Mn and is expected to reach US$ xx Mn by 2026, growing at a significant CAGR during the forecast period. An increase in health concerns such as obesity, rising application of hemp protein in food & beverage products, and Farm Bill 2018 are some of the major factors that are driving the growth of the market. However, allergies caused due to the excess use of hemp proteins, and the availability of substitutes such as soy protein and whey protein, are expected to impede the growth of the market.
The US hemp protein market is segmented into form and application. Based on form, the powder form segment holds the highest share during the forecast period, owing to healthy fatty acid content which stimulates energy generation & strengthens the immune system.
On the basis of application, the dietary supplements segment holds the highest share in the market, owing to the products containing proteins & healthy fiber & fats, which are essential for a healthy heart, brain, and skin.
Key Players of this market are
Nutiva Inc. (US)
Manitoba Harvest (US)
SIPP Industries Inc. (US)
Green Source Organics (US)
Evo Hemp (US)
Bioriginal Food & Science Corp. (US)
Victory Hemp Foods (US)
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Table of Content
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Methodology
1.2.1 Phase I – Secondary Research
1.2.2 Phase II – Primary Research
1.2.3 Phase III – Expert Panel Review
1.2.4 Approach Adopted
1.2.4.1 Top-Down Approach
1.2.5 Assumptions
1.3 Market Segmentation Scope
Chapter 2 Market Summary
2.1 U.S. Hemp Protein Market, 2016-2026, (KT) (US$ Mn)
2.2 Market Snapshot: U.S. Hemp Protein Market
2.3 Market Dynamics
2.4 U.S. Hemp Protein Market, by Segment, 2018
2.4.1 U.S. Hemp Protein Market, by Form, 2018, (KT) (US$ Mn)
2.4.2 U.S. Hemp Protein Market, by Application, 2018, (KT) (US$ Mn)
2.5 Premium Insights
2.5.1 U.S. Hemp Protein Market: Medical and Therapy Use
Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 Increase in health concerns such as obesity is driving the hemp protein market
3.2.2 Rising application of hemp protein in food & beverage products
3.2.3 Farm Bill 2018
3.3 Market Restraints
3.3.1 Allergies caused due to excess use of hemp proteins is restraining the growth of the market
3.3.2 Availability of substitutes: soy protein and whey protein
3.4 Market Opportunities
3.4.1 Increase in use of hemp proteins by health food manufacturers is generating opportunity for the market during the forecast period
3.4.2 Product Innovation
3.5 Hemp Industry Overview: US State Wise
3.6 Hemp Seed Processing and Products
3.7 Industry Value Chain Analysis
3.7.1 Analyst’s Views
3.8 Industry SWOT Analysis
Chapter 4 US Hemp Protein Market, by Form
4.1 Market Overview, by Form
4.1.1 US Hemp Protein Market, by Form, 2016-2026 (KT) (US$ Mn)
4.1.2 Incremental Opportunity, by Form, From 2018-2026
4.2 Liquid
4.2.1 US Hemp Protein Market, by Liquid, 2016-2026, (KT) (US$ Mn)
4.3 Powder
4.3.1 U.S. Hemp Protein Market, by Powder, 2016-2026, (KT) (US$ Mn)
Chapter 5 US Hemp Protein Market, by Application
5.1 Market Overview, by Application
5.1.1 US Hemp Protein Market, by Application, 2016-2026 (KT) (US$ Mn)
5.1.2 Incremental Opportunity, by Application, From 2018-2026
5.2 Dietary Supplements
5.2.1 US Hemp Protein Market, by Dietary Supplements, (KT) (US$ Mn)
5.3 Food & Beverage Products
5.3.1 US Hemp Protein Market, by Food & Beverage Products, (KT) (US$ Mn)
5.4 Cosmetic Products
5.4.1 US Hemp Protein Market, by Cosmetic Products, (KT) (US$ Mn)
Chapter 6 Competitive Intelligence
6.1 Market Players Present in Market Life Cycle
6.2 Top 3 Players Comparison
6.3 Market Positioning of Key Players, 2018
6.4 Market Players Mapping
6.4.1 By Form
6.4.2 By Application
6.5 Strategies Adopted by Key Market Players
6.6 Recent Developments in the Market
6.6.1 Mergers & Acquisitions, Partnership, New Product Developments
Chapter 7 Company Profiles
7.1 Nutiva, Inc.
7.1.1 Nutiva, Inc. Company Overview
7.1.2 Key Stakeholders/Persons in Nutiva, Inc.
7.1.3 Nutiva, Inc.: Product Portfolio
7.1.4 Nutiva, Inc.: Financial Overview
7.1.5 Nutiva, Inc.: News/Recent Developments
7.2 Manitoba Harvest
7.2.1 Manitoba Harvest Company Overview
7.2.2 Key Stakeholders/Persons in Manitoba Harvest.
7.2.3 Manitoba Harvest: Product Portfolio
7.2.4 Manitoba Harvest: Financial Overview
7.2.5 Manitoba Harvest : News/Recent Developments
7.3 SIPP Industries, Inc.
7.3.1 SIPP Industries, Inc. Company Overview
7.3.2 Key Stakeholders/Persons in SIPP Industries, Inc.
7.3.3 SIPP Industries, Inc.: Product Portfolio
7.3.4 SIPP Industries, Inc.: Financial Overview
7.3.5 SIPP Industries, Inc.: News/Recent Developments
7.4 Green Source Organics
7.4.1 Green Source Organics Overview
7.4.2 Key Stakeholders/Persons in Green Source Organics
7.4.3 Green Source Organics: Product Portfolio
7.4.4 Green Source Organics: Financial Overview
7.4.5 Green Source Organics: News/Recent Developments
7.5 Evo Hemp
7.5.1 Evo Hemp Overview
7.5.2 Key Stakeholders/Persons in Evo Hemp
7.5.3 Evo Hemp: Product Portfolio
7.5.4 Evo Hemp: Financial Overview
7.5.5 Evo Hemp: News/Recent Developments
7.6 Bioriginal Food & Science Corp.
7.6.1 Bioriginal Food & Science Corp. Company Overview
7.6.2 Key Stakeholders/Persons in Bioriginal Food & Science Corp.
7.6.3 Bioriginal Food & Science Corp.: Product Portfolio
7.6.4 Bioriginal Food & Science Corp.: Financial Overview
7.6.5 Bioriginal Food & Science Corp.: News/Recent Developments
7.7 Victory hemp foods
7.7.1 Victory hemp foods Company Overview
7.7.2 Key Stakeholders/Persons in Victory hemp foods
7.7.3 Victory hemp foods: Product Portfolio
7.7.4 Victory hemp foods: Financial Overview
7.7.5 Victory hemp foods: News/Recent Developments
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