United States Hulled Hemp Seed Cakes Market was valued at USD 0.20 Billion in 2022 and is projected to reach USD 0.35 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
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The U.S. Hulled Hemp Seed Cakes Market Is Experiencing Significant Growth, Driven By Increasing Demand Across Various Industries. Hulled Hemp Seed Cakes, A Byproduct Of Hemp Seed Oil Extraction, Are Rich In Protein, Essential Fatty Acids, And Fiber, Making Them A Valuable Ingredient In Numerous Applications. In 2023, The Global Hemp Seed Cakes Market Was Valued At Approximately $62.65 Million And Is Projected To Reach $106.6 Million By 2032, Growing At A Cagr Of 6.2% During The Forecast Period. CiteTurn0Search5
In The Food And Beverage Industry, Hulled Hemp Seed Cakes Are Increasingly Incorporated Into Health Foods Such As Smoothies, Protein Bars, And Baked Goods Due To Their High Nutritional Content. The Growing Trend Towards Plant-Based Diets Has Further Propelled Their Demand. A Study Highlighted That Incorporating Hemp Seed Cake Flour Into Bread Formulations Enhanced Protein Content From 11.11% To 18.18% And Increased Antioxidant Activity. CiteTurn0Search6
The Animal Feed Sector Also Presents A Substantial Market For Hulled Hemp Seed Cakes. Their Rich Protein And Nutrient Profile Make Them A Superior Alternative To Traditional Feed Ingredients, Promoting Better Growth And Health In Livestock And Pets. In 2023, The Animal Feed Segment Accounted For 50% Of The Organic Hemp Seed Cakes Market Share. CiteTurn0Search1
In The Nutraceutical Industry, The Health Benefits Associated With Hemp, Such As Improved Digestion And Anti-Inflammatory Properties, Make Hulled Hemp Seed Cakes An Ideal Ingredient For Dietary Supplements And Functional Foods. The Increasing Awareness About Preventive Healthcare And The Growing Demand For Natural And Organic Supplements Are Driving Growth In This Segment.
The Cosmetics Industry Utilizes Hemp Seed Cakes For Their Skin-Nourishing Properties. Hemp Seed Oil, Derived From The Cakes, Is Rich In Essential Fatty Acids And Antioxidants, Making It A Popular Ingredient In Skincare And Haircare Products. The Rising Demand For Natural And Organic Cosmetics Is Driving The Inclusion Of Hemp Seed Cakes In Formulations For Moisturizers, Shampoos, And Anti-Aging Products.
Other Applications Of Hulled Hemp Seed Cakes Include Their Use In Biofuels, Packaging Materials, And Textiles. The Versatility Of Hemp As A Raw Material And Its Environmental Benefits Are Encouraging The Exploration Of New Industrial Applications. As Research And Development Efforts Continue, The Potential For Hulled Hemp Seed Cakes In Various Non-Food And Non-Cosmetic Applications Is Expected To Expand.
The U.S. Market Is Also Influenced By Regulatory Changes And Consumer Trends Favoring Eco-Friendly, High-Protein Food Sources. The 2018 Farm Bill Legalized Hemp Cultivation, Leading To A Rise In Domestic Production And Innovation. CiteTurn0Search2 As Consumers Increasingly Prioritize Health And Sustainability, The Demand For Organic Hemp Seed Cakes Is Anticipated To Rise.
In Conclusion, The U.S. Hulled Hemp Seed Cakes Market Is Poised For Substantial Growth, Driven By Their Diverse Applications Across Multiple Industries And The Increasing Consumer Shift Towards Sustainable And Health-Conscious Products.
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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
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Hulled Hemp Seed Cakes Market
Raw Hemp Seed Cakes
Flavored Hemp Seed Cakes
Organic Hemp Seed Cakes
Non-Organic Hemp Seed Cakes
Online Retailers
Supermarkets and Hypermarkets
Specialty Health Stores
Direct Sales
Health-conscious Consumers
Fitness Enthusiasts
Vegetarians and Vegans
Food Manufacturers and Processors
Bulk Packaging
Retail Packaging
Single-Serve Packaging
Eco-Friendly Packaging
Food and Beverages
Health Supplements
Snack Bars and Protein Products
Baking and Cooking Ingredients
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Hulled Hemp Seed Cakes Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Hulled Hemp Seed Cakes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Hulled Hemp Seed Cakes Market, By Type
6. US Hulled Hemp Seed Cakes Market, By Application
7. US Hulled Hemp Seed Cakes Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Hulled Hemp Seed Cakes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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