DUBLIN–(BUSINESS WIRE)–The “Global Hemp Protein Market – Growth, Trends and Forecasts (2020 – 2025)” report has been added to ResearchAndMarkets.com’s providing.
The international hemp protein market is projected to develop at a CAGR of 15.2% throughout the forecasted interval 2019-2024.
Hemp has many particular traits that makes it completely different in the plant business. One of them is, Its DNA construction is intently aligned with human DNA and therefore, as a meals supply, it nourishes the physique in an ideal proportion. Hemp is of course gluten free, non GMO, freed from trypsin inhibitors, and nearly freed from any type of residual chemical substances. Hemp protein is extremely nutritious and simply digested.
Hemp protein is the industrial by- product of hemp seeds.The hemp protein in powdered type is experiencing excessive demand as in comparison with the liquid type on account of its elevated shelf life, comfort, and different related components.
Key Market Trends
Increased Demand for High Quality, Plant Based and Safe Protein Source
Animal based mostly proteins has been present process numerous controversies throughout the previous years, concerning the carcinogenicity concerning the crimson meat and the antibiotic residues discovered in meat. The rising pattern of veganism has additionally helped in rising the income of the market. In addition, minimally processed and chemical-free consumption patterns has additionally opened a chance for the market. Studies have additionally proven that consuming plant based mostly protein might help in lowering the threat of illnesses such as cardiovascular illnesses and most cancers. Moreover, it has numerous different advantages such as immune-system booster, weight suppressant, and its skill to decrease blood stress and ldl cholesterol. Additionally, hemp protein has the highest share of protein as complete weight, thus it may be thought of as an acceptable substitute for animal protein.
North America Emerges as Major Market for Hemp Protein
The United States is main market for hemp protein in the North American area. The main development for hemp business in the United States got here in 2014 with the passage of the US Farm Bill that allowed states to conduct hemp pilot packages. However, the federal authorities permission remains to be the obligatory requirement. Since hemp can also be from the identical species of plant, Cannabis sativa, as marijuana, its manufacturing in the United States is restricted. The ease of rules will present additional impetus to total hemp protein market in the United States. JD Farms is one in all the main and the first authorized hemp farm in New York.
The international hemp protein market is a fragmented market with the presence of varied gamers. Leading producers in the hemp protein market focus to leverage alternatives posed by rising economies like India and China to develop their income base. Companies are more and more incorporating hemp protein in their merchandise like vitamin bars, tortilla chips, pretzels, and beer.
Key Topics Covered:
2 RESEARCH METHODOLOGY
Three EXECUTIVE SUMMARY
Four MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter’s Five Force Analysis
5 MARKET SEGMENTATION
5.1 By Source
5.2 By Application
6 COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Hemp Oil Canada Inc
6.4.2 Navitas LLC
6.4.3 North American Hemp & Grain Co. Ltd
6.4.4 Aurora Cannabis (Hempco Food and Fiber Inc.)
6.4.5 Fresh Hemp Foods Ltd. (Manitoba Harvest Hemp Foods)
6.4.6 Naturally Splendid Enterprises Ltd.
6.4.7 GFR Ingredients Ltd.
6.4.8 Green Source Organics
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For extra details about this report go to https://www.researchandmarkets.com/r/dbarkh
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