Hemp Seed Oil Market

Hemp Seed Oil Market

Hemp Seed Oil Market - Global Industry Analysis and Opportunity Assessment, 2020-2030

  • XPLREP5634

  • May, 2020

  • 250 Pages

  • Food

Awareness about abundance of Nutrition in Hemp Seed oil to drive the Hemp Seed Oil Market

As per a report available on XploreMR, the global hemp seed oil market is expected to take a leap of exponentially growing faith between 2020 and 2030.

The hemp seed oil market is basically driven by an ever-increasing demand for hemp oil from personal care products sector, food & beverages sector, and industry verticals like solvents, putty, coatings, chain-saw lubricants, printing inks, fuels, varnishes, and oil paints. Also, awareness about the benefits of hemp seed oil is increasing day after day. This is another reason for hemp oil seed market to grow substantially in the years to come.

What’s more to Grasp?

The USPs of hemp seed oil are presence of antioxidants, essential fatty acids, and nutrients. As such, it proves to be ideal for massage and healing. The production of hemp seeds is also increasing as low prices do encourage the farmers to have their crop options diversified. In Canada alone, hemp constitutes close to 25% of national acreage. Plus, in the US, conducive regulations are being put into practice regarding cultivation of hemp and the usage of products based on them.

Moreover, certain regulations have eased the production of hemp. For instance – 2018 farm Bill did state that registration with DEA (Drug Enforcement Administration) is not needed for manufacturing/cultivating some types of cannabis. Plus, approval of USDA (United States Department of Agriculture) hemp rules, that too, by the White House is expected to increase the cultivation of hemp seeds going forward.

The other applications of hemp seed oil include soap, bath gels, shampoo, lotions, and cosmetics. The animal care industry is also all set to have hemp seed oil in use. It has been reported that hemp seeds are rich in protein.

The pharma and nutraceutical sector also holds a good share of the hemp seed oil market, as it is reported to contain omega 3, omega 6 as well. The oil could be administered orally, smoked through vaporization, or applied topically.

Covid-19 Impact

The outbreak of Covid-19 has halted the production of hemp seeds and the extraction of oil thereafter due to partial/total lockdown enforced across the globe. This perturbing scenario is expected to continue with till the end of the year 2020. The year 2021 is likely to bring in some normalcy when Covid-19 vaccine would be in place.

Region-wise Happenings

The global hemp seed oil market comprises North America (Canada, US), Eastern Europe (Russia and Poland), Western Europe (Luxembourg, The Netherlands, Belgium, Nordic countries, Italy, Spain, France, UK, Germany), Asia-Pacific (New Zealand, Australia, ASEAN, Japan, India, China), MEA (North Africa, Southern Africa, GCC), and Latin America (Chile, Peru, Brazil, Mexico, and others).

The US is bang on with investment in industrial hemp with THC (Tetrahydrocannabinol) content less than even 0.5% (0.3% to be precise) after its production was legalized by 2018 Farm Bill. As far as exports to the US are concerned, China tops the chart, with Hungary and Romania standing second and third, though the situation is shaky regarding China amidst Covid-19 crisis.

Europe comes in second regarding revenue generation. This could be attributed to its usage in personal care, cosmetics, and cooking. In the Asia-Pacific, China leads the market. The other countries are yet to catch up as cultivation of hemp is not taken that kindly therein.

Competitive Analysis

The key players in the hemp seed oil market include Folium Biosciences LLC, Hemp Oil Canada, Inc., Bluebird Botanicals, Hempco, Medical Marijuna, Inc., HempLife Today, Isodiol International, Inc., CV Science, Inc., Cannoid, LLC, Aurora Cannabis, Inc. Elixinol, and PharmaHemp d.o.o.

Hemp Seed Oil Market: Global Industry Analysis 2015-2019 & Opportunity Assessment 2020-2030

A recent market study published by XploreMR  on the hemp seed oil market offers global industry analysis for 2015-2019 & opportunity assessment for 2020-2030. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.

Report Chapters

Chapter 01 - Executive Summary

The executive summary of the hemp seed oil market includes the market country analysis, proprietary wheel of fortune, demand-side and supply-side trends, opportunity assessment, and recommendations on the global hemp seed oil market.

Chapter 02 - Market Introduction

Readers can find the detailed segmentation and definition of the hemp seed oil market in this chapter, which will help them understand basic information about the hemp seed oil market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the hemp seed oil market report.

Chapter 03 - Hemp Seed Oil Market Background

The associated industry assessment of the hemp seed oil market is carried out in this section. The macroeconomic factors affecting growth of the hemp seed oil market are provided in this section and the impact of these macroeconomic indicators on the hemp seed oil market is analyzed. The processing overview and technological advancements in the hemp seed oil market is also provided.

Chapter 04 - Global Hemp seed oil Market Value Chain

Profit margins at each level of the hemp seed oil market are analyzed and readers can find detailed information on top importers and exporters as well as the value chain of the market.

Chapter 05 - Global Hemp seed oil Market Pricing Analysis

The pricing of the hemp seed oil market by extraction process is analyzed in this chapter. The prices of different extraction types of hemp seed oil in every region is provided. Pricing break-up between different types of players involved in the hemp seed oil market, price forecast till 2030 and factors affecting pricing of hemp seed oil has also been provided.

Chapter 06 - Global Hemp seed oil Market Analysis and Forecast 2015-2030

This chapter includes detailed analysis of the historical hemp seed oil market (2015-2019), along with an opportunity analysis for the forecast period (2020-2030). Readers can also find the absolute $ opportunity for the current year (2020 - 2021) and incremental opportunity for the forecast period (2020-2030).

Chapter 07 - Global Hemp Seed Oil market Analysis 2015-2019 & Forecast 2020-2030 by Nature

Based on nature, the hemp seed oil market is segmented into organic and conventional. In this chapter, readers can find information about key trends and developments in the Hemp seed oil market and market attractiveness analysis based on product type.

Chapter 08 - Global Hemp Seed Oil market Analysis 2015-2019 & Forecast 2020-2030 by Grade

Based on grade, the hemp seed oil market is classified into food grade and pharmaceutical grade. This part also offers market attractiveness analysis based on grade.

Chapter 09 - Global Hemp Seed Oil market Analysis 2015-2019 & Forecast 2020-2030 by Extraction process

Based on extraction process, the hemp seed oil market is classified into cold pressed hemp seed oil and refined hemp seed oil. This part also offers market attractiveness analysis based on extraction process.

Chapter 10 - Global Hemp Seed Oil market Analysis 2015-2019 & Forecast 2020-2030 by Application

Based on application, the hemp seed oil market is classified into food & beverages, nutraceuticals, cosmetic & personal care, pharmaceutical and industrial products. This part also offers market attractiveness analysis based on extraction process.

Chapter 11 - Global Hemp Seed Oil market Analysis 2015-2019 & Forecast 2020-2030 by Region

This chapter explains how the hemp seed oil market is anticipated to grow across various geographic regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East and Africa.

Chapter 12 - North America Hemp seed oil Market Analysis 2015-2019 & Forecast 2020-2030

This chapter includes a detailed analysis of the growth of the hemp seed oil market in the North America region, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on application and countries in the North America region.

Chapter 13 - Latin America Hemp seed oil Market Analysis 2015-2019 & Forecast 2020-2030

Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting growth of the hemp seed oil market in the Latin America region. This chapter also includes growth prospects of the hemp seed oil market in leading LATAM countries such as Brazil, Mexico, Chile, Peru, Argentina, and Rest of Latin America.

Chapter 14 - Europe Hemp seed oil Market Analysis 2015-2019 & Forecast 2020-2030

Important growth prospects of the hemp seed oil market based on its end user in several countries such as EU4, UK, BENELUX, Nordic, Russia, Poland and Rest of Europe are included in this chapter.

Chapter 15 - East Asia Hemp seed oil Market Analysis 2015-2019 & Forecast 2020-2030

This chapter offers insights into how the hemp seed oil market is expected to grow in major countries in the East Asia region such as Japan, China and South Korea, during the forecast period 2020-2030.

Chapter 16 - South Asia Hemp seed oil Market Analysis 2015-2019 & Forecast 2020-2030

This chapter offers insights into how the hemp seed oil market is expected to grow in major countries in the South Asia region such as India, Thailand, Indonesia, Malaysia, Singapore and rest of South Asia, during the forecast period 2020-20230.

Chapter 17 - Oceania Hemp seed oil Market Analysis 2015-2019 & Forecast 2020-2030

This chapter includes a detailed analysis of the growth of the hemp seed oil market in the Oceania region, along with a country-wise assessment that includes Australia, and New Zealand. Readers can also find regional trends, regulations, and market growth of countries in the Oceania region.

Chapter 18 - Middle East and Africa Hemp Seed Oil Market Analysis 2015-2019 & Forecast 2020-2030

This chapter offers insights into how the hemp seed oil market is expected to grow in major countries in the MEA region such as GCC Countries, South Africa, Turkey, Iran, Israel, and the Rest of MEA, during the forecast period 2020-2030.

Chapter 19 - Competition Assessment

In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the hemp seed oil market along with their market presence analysis by region and product portfolio.

Chapter 20 - Competition Deep-Dive

In this chapter, readers can find a comprehensive list of leading manufacturers in the hemp seed oil market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Hemp oil Canada, Agropro, Maverik Oils, Nutiva Inc., Canopy Growth Corporation , Connolis LLC, NP Nutra, 13 Seeds Hemp Farm, Ecofiber Limited, Elixinol Global Limited.

Chapter 21- Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the hemp seed oil report.

Chapter 22 - Research Methodology

This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the hemp seed oil market.

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