Hemp Seed Milk Market 2033: Path to Sustainable Health

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Hemp Seed Milk Market Outlook (2023-2033) The
global hemp seed milk market has witnessed
remarkable growth, exhibiting a Compound Annual
Growth Rate (CAGR) of 9.8 during the period from
2018 to 2022. In 2023, the market's value soared
to US 21.2 million, reflecting the increasing
popularity of hemp seed milk as a dairy
alternative. Hemp Seed Milk's Nutritional
Benefits Drive Demand Hemp seed milk, known for
its rich content of polyunsaturated and essential
fatty acids, soluble and insoluble fibers, and
amino acid arginine, has gained recognition for
its potential health benefits. Consumption of
hemp seed milk may help reduce skin disorders,
lower the risk of diabetes, and contribute to
heart health by maintaining optimal blood levels
of nitric oxide and CRP. Key Market
Trends Preference for Gluten-free Products
Consumers are increasingly focused on health and
wellness, leading to a rise in demand for
high-nutritional and gluten-free products.
Gluten-free options, such as hemp seed milk,
offer various health benefits, including improved
digestion, reduced inflammation, increased
energy, and weight management. Premium Food
Products Healthy food choices and higher
disposable incomes are propelling the demand for
hemp seed milk. The product's extended shelf life
minimizes waste, aligning with consumers'
sustainability concerns. Manufacturers are
investing in technologies like aseptic packaging
to extend shelf life to around 18 months. Shift
Towards Veganism Growing awareness of the
environmental impact of animal agriculture has
prompted consumers to adopt plant-based diets.
Hemp seed milk, a nutritious plant-based
alternative, aligns with the preferences of
health-conscious consumers and those following
vegan lifestyles. In a nutshell, the Persistence
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research/hemp-seed-milk-market.asp Regional
Insights East Asia Countries in the Asia Pacific
region, particularly China, have a high
dependency on dairy products. The rising
awareness of lactose intolerance and
health-consciousness has created growth
opportunities for hemp seed milk. China dominates
the market, holding a 74 market share in
2023. Europe The European market, driven by
health-conscious consumers and a willingness to
embrace non- dairy products, is expected to grow
at a CAGR of over 14.9 during the forecasted
period, with the United Kingdom leading the
way. Category-wise Insights Consumers are turning
to hemp seed milk due to lactose intolerance and
milk protein intolerance, resulting in digestive
issues. Hemp seed milk products offer fewer
calories, proteins, and carbohydrates, along
with essential amino acids necessary for a
healthy lifestyle. Distribution Channels
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Sales of hemp seed milk are on the rise through
various distribution channels, with online retail
experiencing rapid growth at a CAGR of 11.5.
Other channels include hypermarkets/supermarkets,
specialty stores, and convenience
stores. Competitive Landscape Major players in
the global hemp seed milk market include SunOpta,
California Natural Products, Pacific Foods, and
Living Harvest Foods, among others. These
companies cater to health-conscious consumers by
providing hemp seed milk and products suitable
for those with lactose and gluten
intolerance. Conclusion The global hemp seed milk
market's impressive growth underscores the
increasing demand for plant- based, nutritious
alternatives to dairy. With consumers
prioritizing health, sustainability, and
convenience, hemp seed milk is well-positioned to
continue its upward trajectory in the coming
years. About Persistence Market
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