Hemp Milk Market Share, Trends, Growth, and Forecast 2025-2033

Global Hemp Milk Market Statistics: USD 867.8 Million Value by 2033

Summary:

• The global hemp milk market size reached USD 325.2 Million in 2024.

• The market is expected to reach USD 867.8 Million by 2033, exhibiting a growth rate (CAGR) of 11.45% during 2025-2033.

• North America leads the market, accounting for the largest hemp milk market share.

• On the basis of the variant, the market has been bifurcated into flavored and unflavored.

• Sweetened holds the largest share in the hemp milk industry.

• Organic remains a dominant segment in the market due to the increasing awareness among the masses about the benefits of organic hemp milk.

• Supermarkets and hypermarkets represent the leading distribution channel segment.

• The rising demand for healthy food products is a primary driver of the hemp milk market.

• The growing environmental concerns are reshaping the hemp milk market.

Industry Trends and Drivers:

• Increasing demand for healthy food products:

The growing demand for hemp milk on account of the rising awareness among individuals about maintaining a healthy mind and body is offering a positive market outlook. In line with this, consumers are adopting nutritious alternatives to traditional dairy products. Hemp milk is a rich source of omega-3 and omega-6 fatty acids, which are essential for heart and brain health. It also has vitamin D and minerals like calcium and magnesium that assist in maintaining stronger bones. Apart from this, the increasing consumption of hemp milk, as it offers enhanced taste and essential nutrients, is impelling the market growth.

• Rising preferences for plant-based diets:

The growing preferences for plant-based diets among the masses around the world are positively influencing the market. In addition, vegans and individuals with lactose intolerance or dairy allergies are increasingly preferring hemp milk as a suitable and nutritious replacement for cow milk. Besides this, the escalating demand for vegan diets due to rising concerns about animal welfare and environmental sustainability is offering a positive market outlook. Furthermore, hemp milk is widely utilized in various culinary applications, including smoothies, coffee, cereal, and baking, to attract a large consumer base.

• Growing environmental concerns:

People are increasingly preferring food products that are ethically sourced and reduce the carbon footprint in the environment. In line with this, hemp plants are known for their low environmental impact, as they require less water and fewer pesticides compared to other crops. This sustainability aspect resonates with eco-conscious consumers who are looking to reduce their carbon footprint and support sustainable agriculture. Furthermore, people are adopting hemp milk over conventional dairy or less sustainable plant-based milk alternatives, which is bolstering the market growth.

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Hemp Milk Market Report Segmentation:

Breakup By Variant:

• Flavored

• Unflavored

On the basis of variant, the market has been bifurcated into flavored and unflavored.

Breakup By Type:

• Sweetened

• Unsweetened

Sweetened accounts for the largest market share due to rising consumer preferences for rich flavors.

Breakup By Category:

• Organic

• Conventional

Organic represents the largest segment driven by the increasing number of health-conscious people.

Breakup By Distribution Channel:

• Supermarkets and Hypermarkets

• Convenience Stores

• Specialty Stores

• Online Stores

Supermarkets and hypermarkets hold the biggest market share as they offer enhanced convenience to users and provide a wide range of products in one place.

Breakup By Region:

• North America (United States, Canada)

• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

• Latin America (Brazil, Mexico, Others)

• Middle East and Africa

North America enjoys the leading position in the hemp milk market on account of the increasing focus on maintaining a healthy lifestyle among people.

Top Hemp Milk Market Leaders:

The hemp milk market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

• Good Hemp Food

• Goodmylk Co.

• Hudson River Foods

• Living Harvest Foods Inc

• Manitoba Harvest Hemp Foods

• Pacific Foods of Oregon Inc

• Sunopta Inc

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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