Market Size

The global Hulled Hemp Seed Cakes market size was estimated at USD 44 million in 2023 and is projected to reach USD 77.55 million by 2032, exhibiting a CAGR of 6.50% during the forecast period.

The North America Hulled Hemp Seed Cakes market size was estimated at USD 12.78 million in 2023, showing a CAGR of 5.57% during the forecast period of 2025 through 2032.Market Dynamics

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Drivers

• Growing Demand for Protein-Rich Feed: The high protein content of hemp seed cakes is driving demand from livestock producers seeking nutritious feed options.

• Increasing Health Awareness: Consumers are recognizing the health benefits of hemp-based products, leading to a rise in demand for hemp seed cakes.

• Favorable Regulatory Environment: Supportive regulations and policies related to hemp cultivation are encouraging market growth.

Restraints

• Limited Awareness: Lack of awareness about the benefits of hemp seed cakes among consumers and farmers may hinder market expansion.

• Regulatory Challenges: Regulatory restrictions on hemp cultivation and processing could pose challenges for market players.

• Price Volatility: Fluctuations in hemp seed prices may impact the cost-effectiveness of producing hemp seed cakes.

Opportunities

• Market Expansion: Untapped markets in regions with growing livestock industries present opportunities for market expansion.

• Product Innovation: Development of new hemp seed cake formulations and applications can open up new market segments.

• Sustainable Agriculture: Increasing focus on sustainable agriculture practices may drive demand for hemp-based products like seed cakes.

Challenges

• Quality Control: Ensuring consistent quality and purity of hemp seed cakes can be a challenge for manufacturers.

• Supply Chain Management: Managing the supply chain for sourcing hemp seeds and processing them into cakes efficiently is critical for market success.

• Competition: Intense competition from alternative protein sources in the feed industry poses a challenge for hemp seed cake producers.

Regional Analysis

North America: The North America Hulled Hemp Seed Cakes market size was estimated at USD 12.78 million in 2023, with a projected CAGR of 5.57% during 2025-203The region shows a growing demand for hemp products due to the increasing awareness of the health benefits associated with hemp-based products. The presence of key players like Manitoba Harvest and North American Hemp & Grain Co. contributes to market growth. Regulatory support and favorable economic conditions further boost the market in this region.

Europe: Europe has witnessed a rising demand for organic hemp seed cakes, with key players such as Deep Nature Project and GFR Ingredients leading the market. The market in Europe is driven by a shift towards sustainable and natural products, aligning with consumer preferences for healthy and eco-friendly options. Government initiatives promoting the use of hemp products for animal feed and nutritional supplements have also played a significant role in market growth.

Asia-Pacific: The Asia-Pacific region, with countries like China and India, holds significant growth potential for the hulled hemp seed cakes market. Increasing consumer awareness regarding the nutritional benefits of hemp-based products is driving market growth. Companies like Canah International and Aos Products are expanding their presence in the region through strategic partnerships and product innovations. The market in Asia-Pacific is poised for substantial growth due to changing dietary habits and a shift towards plant-based protein sources.

Middle East & Africa: The Middle East and Africa region are gradually embracing hemp seed cakes for animal feed and nutritional applications. The market is in the nascent stage, with companies like Suyash Herbs and BAFA neu GmbH exploring opportunities in the region. Factors such as improving agricultural practices and increasing investments in the hemp industry are expected to drive market growth in the coming years.

South & Central America: South & Central America exhibit a growing interest in hemp seed cakes, especially for animal feed applications. Companies like Aurora Cannabis and HempFlax are expanding their market presence in the region by offering high-quality organic hemp seed cakes. The market in this region is influenced by the rising demand for natural and sustainable animal feed alternatives, driving the adoption of hemp-based products.

Competitor Analysis

Major Competitors: The key players in the hulled hemp seed cakes market include Manitoba Harvest, Aurora Cannabis, and Suyash Herbs. These companies have established a strong foothold in the market through product innovation, quality assurance, and strategic partnerships.

Market Share & Influence: Manitoba Harvest holds a significant market share in North America, while Aurora Cannabis has a strong presence in the European market. Suyash Herbs is expanding its reach in the Asia-Pacific region, leveraging its expertise in organic hemp seed cakes.

Strategies: Competitors are focusing on expanding their product portfolios to cater to diverse customer needs. Some are investing in research and development to introduce new formulations and enhance product quality. Strategic collaborations with distributors and retailers are also key strategies to increase market penetration.

Competitive Positioning: Each company differentiates itself through unique selling propositions such as organic certifications, sustainability initiatives, and transparent supply chains. Manitoba Harvest emphasizes its commitment to quality and sustainability, while Aurora Cannabis focuses on product diversification and market expansion.

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Market Segmentation (by Application)

• Animals Feed

• Hemp Protein Powder

• Others

Market Segmentation (by Type)

• Organic Hemp Seed Cakes

• Others

Key Company

• Manitoba Harvest

• Aurora Cannabis

• Suyash Herbs

• Canah International

• Aos Products

• North American Hemp & Grain Co.

• Deep Nature Project

• BAFA neu GmbH

• GFR Ingredients

• Navitas Organics

• Green Source Organics

• Naturally Splendid

• HempFlax

Geographic Segmentation

• North America (USA, Canada, Mexico)

• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

• South America (Brazil, Argentina, Colombia, Rest of South America)

• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research

• Industry drivers, restraints, and opportunities covered in the study

• Neutral perspective on market performance

• Recent industry trends and developments

• Competitive landscape & strategies of key players

• Potential & niche segments and regions exhibiting promising growth covered

• Historical, current, and projected market size, in terms of value

Key Reasons to Buy this Report

• Access to data statistics compiled by researchers

• Anticipate market changes to stay ahead of competitors

• Quick integration of data into marketing plans

• Provision of market value data for each segment

• Analysis by geography highlighting consumption patterns

• Extensive company profiles for major market players

FAQ 

01. What is the current market size of Hulled Hemp Seed Cakes Market?

Hemp cake comes from pressing the oil out of hemp whole seeds. The solid part which is left from the pressing is called hemp seed cake. Hemp cake contains up to 35% protein. The global Hulled Hemp Seed Cakes market size was estimated at USD 44 million in 2023 and is projected to reach USD 77.55 million by 2032, exhibiting a CAGR of 6.50% during the forecast period. The North America Hulled Hemp Seed Cakes market size was estimated at USD 12.78 million in 2023, at a CAGR of 5.57% during the forecast period of 2025 through 2032.

02. Which key companies operate in the Hulled Hemp Seed Cakes Market?

The key companies operating in the Hulled Hemp Seed Cakes Market include Manitoba Harvest, Aurora Cannabis, Suyash Herbs, Canah International, Aos Products, North American Hemp & Grain Co., Deep Nature Project, BAFA neu GmbH, GFR Ingredients, Navitas Organics, Green Source Organics, Naturally Splendid, and HempFlax.

03. What are the key growth drivers in the Hulled Hemp Seed Cakes Market?

The key growth drivers in the Hulled Hemp Seed Cakes Market include factors such as increasing demand for organic hemp seed cakes, rising awareness about the nutritional benefits of hemp products, expanding applications in animal feed and protein powder industries, and the growing trend towards plant-based protein sources.

04. Which regions dominate the Hulled Hemp Seed Cakes Market?

The regions that dominate the Hulled Hemp Seed Cakes Market are North America (USA, Canada, Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, Rest of South America), and The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA) based on demand, supply, and market share.

05. What are the emerging trends in the Hulled Hemp Seed Cakes Market?

Some of the emerging trends in the Hulled Hemp Seed Cakes Market include the increasing focus on sustainable and environmentally friendly production practices, the development of innovative hemp-based products, the rise of online sales channels for hemp products, and the incorporation of hemp seed cakes in new food and beverage formulations.

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