Stratview Research has published a new report titled “Hemp Protein Market” which is segmented By Form (Powder, Paste), By Application (Bakery and Confectionery, Meat Alternatives, Beverages, Infant Foods, Other), and by Region Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, and Others]).
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Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on application, the hemp protein market has been divided into bakery and confectionery, meat alternatives, beverages, infant foods and other. The bakery and confectionery application segment accounted for the largest market share in 2020. The segment growth can be attributed to increasing demand for bakery products.
Which Region is expected to remain the largest market?
By region, the Asia-Pacific Hemp Protein market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period.
The regional market growth can be attributed to strong presence of food beverage industry coupled with rising demand for nutritious infant food products.
The market growth in North America region is expected to grow at a considerable CAGR during the review on account of high product adoption rate and presence of key market players such as Navitas Naturals (US) and Green Source Organics Inc. (US).
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Hemp Protein Market:
- Hemp Oil Canada (Canada)
- Navitas Naturals (US)
- North American Hemp Grain (Canada)
- Hempco LLC (US)
- Fresh Hemp Foods Ltd. (Canada)
- GFR Ingredients Inc. (Canada)
- Green Source Organics Inc. (US)
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