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Hemp Seed Oil Market Size, Share & Trends Analysis Report By Nature (Organic, Conventional), By Type (Cold-pressed, Refined), By Distribution Channel (B2B, B2C), By Region, And Segment Forecasts, 2023 - 2030

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    Report

  • 120 Pages
  • December 2022
  • Region: Global
  • Grand View Research
  • ID: 5712493
Description Jump to:
The global hemp seed oil market size is estimated to reach USD 264.4 million in 2030 and is anticipated to expand at a CAGR of 14.7% from 2023 to 2030. Various health benefits are associated with the use of hemp seed oil such as coping with anxiety, boosting the immune system, and others due to which hemp seed oil is increasingly consumed by consumers all across the globe thus driving the market growth. However, difficulties in sourcing raw materials for hemp seed oil coupled with its high cost are anticipated to hamper the market growth during the forecast period.

The preference of consumers is shifting towards hemp seed oil owing to the presence of numerous nutritional values resulting in its rising use and consumption which is anticipated to surge the market growth over the forecast period. Additionally, increasing the application of hemp seed oil to reduce or treat various illnesses including mental illness, Alzheimer's disease, and others increase the consumption of hemp seed oil thus driving the market growth in the coming years.

The conventional segment held a higher share of the global market in 2022. The high usage of conventional methods for producing products as they result in higher production is driving the segment’s growth. Moreover, farming hemp using the conventional method ensures better and healthy yielding of crops, gaining a high amount of final product, which is boding well for the market growth.

North America accounted for the largest share of the market. The legalization of hemp in the U.S. and Canada is a key factor contributing to the market growth. Moreover, increasing awareness regarding the benefits of hemp seed oil among consumers is increasing its adoption which is another primary factor further boosting the industry growth in the region.

Major industry players include Nutiva Inc.; Connoills LLC; Manitoba Harvest; Sky Organics; Velona; NP Nutra; Z-COMPANY; Live Verdure Ltd. - 13 Seeds; Bombay Hemp Company; and Bioriginal Food & Science Corp. Various steps are adopted by these companies including global expansion, partnerships, acquisitions & mergers, development & launch of new products, and others to gain greater market share.

Hemp Seed Oil Market Report Highlights

  • Middle East is expected to grow at the fastest CAGR over the forecast period from 2023 to 2030. The rising use of hemp seed oil in drugs for various health treatments is anticipated to surge market growth. The organic segment is anticipated to grow at a higher CAGR over the forecast period. The increasing popularity and consumption of organic products owing to various health benefits of organic products is a primary factor fueling the segment’s growth
  • The B2C segment is forecast to grow at a faster CAGR over the forecast period from 2023 to 2030. The growing popularity of hemp seed oil due to its health benefits and its increasing accessibility through retail channels is anticipated to contribute to the growth of the segment

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Products & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Nature Outlook
2.3. Type Outlook
2.4. Distribution Channel Outlook
2.5. Regional Outlook
Chapter 3. Hemp Seed Oil Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Chain Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter’s Five Forces
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Hemp Seed Oil Market
3.7. Market Entry Strategies
3.8. Impact of COVID-19 on the Hemp Seed Oil Market
Chapter 4. Consumer Behavior Analysis
4.1. Demographics Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Hemp Seed Oil Market: Nature Estimates & Trend Analysis
5.1. Nature Movement Analysis & Market Share, 2022 & 2030
5.2. Organic
5.2.1. Market estimates and forecast for organic, 2017 - 2030 (USD Million)
5.3. Conventional
5.3.1. Market estimates and forecast for conventional, 2017 - 2030 (USD Million)
Chapter 6. Hemp Seed Oil Market: Type Estimates & Trend Analysis
6.1. Type Movement Analysis & Market Share, 2022 & 2030
6.2. Cold-pressed
6.2.1. Market estimates and forecast for cold-pressed hemp seed oil, 2017 - 2030 (USD Million)
6.3. Refined
6.3.1. Market estimates and forecast for refined hemp seed oil, 2017 - 2030 (USD Million)
Chapter 7. Hemp Seed Oil Market: Distribution Channel Estimates & Trend Analysis
7.1. Distribution Channel Movement Analysis & Market Share, 2022 & 2030
7.2. B2B
7.2.1. Market estimates and forecast through B2B, 2017 - 2030 (USD Million)
7.3. B2C
7.3.1. Market estimates and forecast through B2C, 2017 - 2030 (USD Million)
7.3.2. Hypermarkets & Supermarkets
7.3.2.1. Hemp seed oil market estimates and forecast through hypermarkets & supermarkets, 2017 - 2030 (USD Million)
7.3.3. Convenience Stores
7.3.3.1. Hemp seed oil market estimates and forecast through convenience stores, 2017 - 2030 (USD Million)
7.3.4. Online
7.3.4.1. Hemp seed oil market estimates and forecast through the online distribution channel, 2017 - 2030 (USD Million)
7.3.5. Others
7.3.5.1. Hemp seed oil market estimates and forecast through other distribution channels, 2017 - 2030 (USD Million)
Chapter 8. Hemp Seed Oil Market: Regional Estimates & Trend Analysis
8.1. Regional Movement Analysis & Market Share, 2022 & 2030
8.2. North America
8.2.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.2.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.2.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.2.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.2.5. U.S.
8.2.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.2.5.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.2.5.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.2.5.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.2.6. Canada
8.2.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.2.6.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.2.6.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.2.6.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.2.7. Mexico
8.2.7.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.2.7.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.2.7.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.2.7.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.3. Europe
8.3.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.3.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.3.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.3.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.3.5. U.K.
8.3.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.3.5.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.3.5.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.3.5.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.3.6. Germany
8.3.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.3.6.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.3.6.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.3.6.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.3.7. France
8.3.7.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.3.7.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.3.7.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.3.7.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.3.8. Italy
8.3.8.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.3.8.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.3.8.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.3.8.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.3.9. Spain
8.3.9.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.3.9.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.3.9.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.3.9.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.4. Asia Pacific
8.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.4.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.4.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.4.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.4.5. China
8.4.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.4.5.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.4.5.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.4.5.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.4.6. Japan
8.4.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.4.6.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.4.6.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.4.6.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.4.7. India
8.4.7.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.4.7.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.4.7.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.4.7.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.5. Central & South America
8.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.5.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.5.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.5.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.5.5. Brazil
8.5.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.5.5.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.5.5.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.5.5.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.6. Middle East & Africa
8.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.6.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.6.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.6.4. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
8.6.5. South Africa
8.6.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
8.6.5.2. Market estimates and forecast, by nature, 2017 - 2030 (USD Million)
8.6.5.3. Market estimates and forecast, by type, 2017 - 2030 (USD Million)
8.6.5.4. Market estimates and forecast, By distribution channel, 2017 - 2030 (USD Million)
Chapter 9. Competitive Analysis
9.1. Key Players’ Recent Developments & Their Impact
9.2. Key Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
9.3. Vendor Landscape
9.3.1. Key Company Market Share Analysis, 2022
Chapter 10. Company Profiles
10.1. Nutiva Inc.
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Strategic Initiatives
10.2. Connoills LLC
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Strategic Initiatives
10.3. Manitoba Harvest
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Strategic Initiatives
10.4. Sky Organics
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Strategic Initiatives
10.5. Velona
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Strategic Initiatives
10.6. NP Nutra
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Strategic Initiatives
10.7. Z-COMPANY
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Strategic Initiatives
10.8. Live Verdure Ltd. - 13 Seeds
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Strategic Initiatives
10.9. Bombay Hemp Company
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Strategic Initiatives
10.10. Bioriginal Food & Science Corp
10.10.1. Company Overview
10.10.2. Financial Performances
10.10.3. Product Benchmarking
10.10.4. Strategic Initiatives
List of Tables
1. Hemp Seed Oil Market - Key Market Driver Analysis
2. Hemp Seed Oil Market - Key Market Restraint Analysis
3. Global hemp seed oil market estimates and forecast, by nature, 2017 - 2030 (USD Million)
4. Global organic hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
5. Global conventional hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
6. Global hemp seed oil market estimates and forecast, by type, 2017 - 2030 (USD Million)
7. Global cold-pressed hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
8. Global refined hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
9. Global hemp seed oil market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
10. Global hemp seed oil market estimates and forecast through B2B distribution channel, 2017 - 2030 (USD Million)
11. Global hemp seed oil market estimates and forecast through the B2C distribution channel, 2017 - 2030 (USD Million)
12. Global hemp seed oil market estimates and forecast, by region 2017 - 2030 (USD Million)
13. North America hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
14. North America hemp seed oil market estimates and forecast, by nature, 2017 - 2030 (USD Million)
15. North America hemp seed oil market estimates and forecast, by type, 2017 - 2030 (USD Million)
16. North America hemp seed oil market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
17. U.S. hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
18. U.S. hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
19. U.S. hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
20. U.S. hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
21. Canada hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
22. Canada hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
23. Canada hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
24. Canada hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
25. Mexico hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
26. Mexico hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
27. Mexico hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
28. Mexico hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
29. Europe hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
30. Europe hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
31. Europe hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
32. Europe hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
33. U.K. hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
34. U.K. hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
35. U.K. hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
36. U.K. hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
37. Germany hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
38. Germany hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
39. Germany hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
40. Germany hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
41. France hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
42. France hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
43. France hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
44. France hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
45. Italy hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
46. Italy hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
47. Italy hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
48. Italy hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
49. Spain hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
50. Spain hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
51. Spain hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
52. Spain hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
53. Asia Pacific hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
54. Asia Pacific hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
55. Asia Pacific hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
56. Asia Pacific hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
57. China hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
58. China hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
59. China hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
60. China hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
61. Japan hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
62. Japan hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
63. Japan hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
64. Japan hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
65. India hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
66. India hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
67. India hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
68. India hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
69. Central & South America hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
70. Central & South America hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
71. Central & South America hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
72. Central & South America hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
73. Brazil hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
74. Brazil hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
75. Brazil hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
76. Brazil hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
77. Middle East & Africa hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
78. Middle East & Africa hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
79. Middle East & Africa hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
80. Middle East & Africa hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
81. South Africa hemp seed oil market estimates and forecast, 2017 - 2030 (USD Million)
82. South Africa hemp seed oil market estimates and forecast by nature, 2017 - 2030 (USD Million)
83. South Africa hemp seed oil market estimates and forecast by type, 2017 - 2030 (USD Million)
84. South Africa hemp seed oil market estimates and forecast by distribution channel, 2017 - 2030 (USD Million)
85. Vendor Landscape
List of Figures
1. Hemp Seed Oil Market Snapshot
2. Hemp Seed Oil Market Segmentation & Scope
3. Hemp Seed Oil Market Penetration & Growth Prospect Mapping
4. Hemp Seed Oil Market Value Chain Analysis
5. Hemp Seed Oil Market Dynamics
6. Hemp Seed Oil Market Porter's Five Forces Analysis
7. Hemp Seed Oil Market: Nature Movement Analysis
8. Hemp Seed Oil Market: Type Movement Analysis
9. Hemp Seed Oil Market: Distribution Channel Movement Analysis
10. Hemp Seed Oil Market: Regional Movement Analysis

Companies Mentioned

  • Nutiva Inc.
  • Connoills LLC
  • Manitoba Harvest
  • Sky Organics
  • Velona
  • NP Nutra
  • Z-COMPANY
  • Live Verdure Ltd. - 13 Seeds
  • Bombay Hemp Company
  • Bioriginal Food & Science Corp

Methodology

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Table Information

Report AttributeDetails
No. of Pages120
PublishedDecember 2022
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 100.5 Million
Forecasted Market Value ( USD ) by 2030 $ 264.4 Million
Compound Annual Growth Rate14.7%
Regions CoveredGlobal
No. of Companies Mentioned10

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