Data Bridge Market Research analyses that the Hemp Seed Market was valued at USD 5.1 billion in 2021 and is expected to reach the value of USD 9.94 billion by 2029, at a CAGR of 8.70% during the forecast period of 2022-2029.

Industry Analysis

Hemp seed is regarded as the most nutritious seed in the world due to their numerous beneficial properties, as well as its use as an analgesic in pharmaceuticals. The global hemp seed market is expected to expand as a result of increased demand for hemp seeds over traditional herbal seeds due to their flexibility and as a core product for overall health improvement.

Hemp seeds refer to small, brown seeds of the Cannabis Sativa plant. They contain less than 1% of psychoactive drugs, whereas marijuana contains more than 20%. Hemp seeds are an excellent source of easily digestible proteins, fibres, amino acids, antioxidants, essential fats, iron, and vitamins.

Global Hemp Seed Market Scope

The hemp seed market is segmented on the basis of product type, form, packaging, application and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

·       Medicinal

·       Auto Flowering

·       Feminized

·       Regular

·       Others

Form

·       Whole Hemp Seed

·       Shelled Hemp Seed

·       Hemp Seed Oil

·       Hemp Seed Protein

Packaging type

·       Pouches

·       Jars

·       Tins

·       Others

Distribution channel

·       Direct&l