The global Hemp Seed Oil Market Comprehensive Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Nature (Organic, Conventional), By Type (Cold-pressed, Refined), By Distribution Channel (B2B, B2C)
The hemp seed oil market in 2024 is experiencing robust growth, driven by the rising popularity of natural and health-promoting products. Hemp seed oil, known for its rich nutrient profile and balanced omega-3 and omega-6 fatty acids, is gaining recognition as a versatile and beneficial ingredient in food, cosmetics, and wellness products. The market is characterized by innovations in extraction and processing techniques, ensuring the purity and quality of hemp seed oil. The trend towards plant-based diets and the focus on functional ingredients is influencing the market, with consumers seeking products that support their health and well-being. Additionally, the emphasis on sustainable and organic farming practices is boosting the appeal of hemp seed oil, as environmentally conscious consumers prioritize eco-friendly products. The rise of CBD-infused products is also contributing to market growth, as hemp seed oil is often used as a carrier oil. The hemp seed oil market is poised for continued expansion, supported by health trends and consumer interest in natural and functional ingredients.
The market report analyses the leading companies in the industry including Bioriginal Food & Science Corp, Bombay Hemp Company, Connoills LLC, Live Verdure Ltd - 13 Seeds, Manitoba Harvest, NP Nutra, Nutiva Inc, Sky Organics, Velona, Z-COMPANY, and Others.
A prominent trend in the market for hemp seed oil is the growing demand for natural and plant-based products. With increasing awareness about health and wellness, consumers are seeking alternatives to synthetic ingredients and are gravitating towards products derived from natural sources. Hemp seed oil, extracted from the seeds of the hemp plant, is gaining popularity due to its nutritional profile and potential health benefits. As consumers become more conscious of the ingredients in their skincare, dietary supplements, and food products, there is a rising interest in incorporating hemp seed oil into daily routines.
A key driver of the market for hemp seed oil is the recognition of its health benefits and nutritional value. Hemp seed oil is rich in essential fatty acids, including omega-3 and omega-6, as well as vitamins, minerals, and antioxidants. These nutrients offer various health-promoting properties, such as supporting heart health, improving skin conditions, and reducing inflammation. As consumers prioritize wellness and seek out functional foods and ingredients that contribute to their overall health, hemp seed oil is gaining traction as a versatile and nutrient-dense option.
An opportunity in the market for hemp seed oil lies in the diversification of product offerings and applications. With its versatile nature and potential health benefits, hemp seed oil can be incorporated into a wide range of products across multiple industries, including food and beverages, cosmetics, skincare, and nutraceuticals. Manufacturers can capitalize on this opportunity by developing innovative formulations and expanding their product lines to include hemp seed oil-infused products such as cooking oils, salad dressings, body lotions, supplements, and more. By tapping into new markets and meeting the evolving needs of consumers, companies can unlock growth opportunities and establish a strong presence in the hemp seed oil market.
Within the Hemp Seed Oil market, the Organic segment is the largest category, commanding a significant share due to the increasing consumer preference for organic and sustainably sourced products. Organic hemp seed oil is produced without the use of synthetic pesticides, herbicides, or genetically modified organisms (GMOs), aligning with the growing trend towards healthier and environmentally friendly lifestyles. The organic certification assures consumers of the product's purity, quality, and adherence to stringent organic farming practices. Further, organic hemp seed oil is perceived to have higher nutritional value and superior taste compared to conventional counterparts, further driving its demand. With the rising awareness of the benefits of organic products and the growing demand for natural and holistic wellness solutions, the Organic segment continues to dominate the Hemp Seed Oil market, presenting significant opportunities for manufacturers to capitalize on the increasing consumer preference for organic alternatives.
Among the segments in the Hemp Seed Oil market, the Cold-Pressed segment is the fastest-growing category, driven by the increasing consumer demand for minimally processed and nutrient-rich oils. Cold-pressed hemp seed oil is extracted using mechanical pressure at low temperatures, preserving the oil's natural flavor, aroma, and nutritional properties. This gentle extraction method ensures that the oil retains its essential fatty acids, vitamins, and antioxidants, making it a preferred choice for health-conscious consumers seeking high-quality and wholesome dietary supplements. Additionally, cold-pressed hemp seed oil is perceived to have a fresher taste and higher nutritional value compared to refined oils processed using heat and chemicals. With the growing emphasis on natural and organic products and the rising awareness of the health benefits associated with cold-pressed oils, the Cold-Pressed segment experiences exponential growth in the Hemp Seed Oil market, presenting significant opportunities for manufacturers to cater to the evolving preferences of consumers seeking premium-quality and unadulterated oils.
Within the Hemp Seed Oil market, the Business-to-Consumer (B2C) segment is the largest category, commanding a significant share due to the direct engagement with end consumers and the accessibility of hemp seed oil through various retail channels. B2C distribution channels include hypermarkets/supermarkets, convenience stores, specialty stores, online platforms, and others, providing consumers with multiple options to purchase hemp seed oil conveniently. The B2C segment caters to the diverse needs and preferences of consumers seeking hemp seed oil for personal use, whether for culinary purposes, dietary supplements, skincare, or other wellness applications. Additionally, the growing awareness of the nutritional and health benefits associated with hemp seed oil, coupled with the expansion of retail channels offering hemp-based products, further drives the dominance of the B2C segment in the market. With its broad reach and direct interaction with consumers, the B2C segment continues to lead the Hemp Seed Oil market, presenting significant opportunities for retailers and brands to engage with customers and capture a larger market share.
By Nature
Organic
Conventional
By Type
Cold-pressed
Refined
By Distribution Channel
B2B
B2C
-Hypermarkets/Supermarkets
-Convenience Stores
-Specialty Stores
-Online
-Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Bioriginal Food & Science Corp
Bombay Hemp Company
Connoills LLC
Live Verdure Ltd - 13 Seeds
Manitoba Harvest
NP Nutra
Nutiva Inc
Sky Organics
Velona
Z-COMPANY
*- List Not Exhaustive
Chapter 1. TABLE OF CONTENTS
Chapter 2. Introduction to Hemp Seed Oil Market
2.1. Market Overview
2.2. Key Statistics and Report Highlights
2.3. Scope of the Comprehensive Study
2.3.1. Market Definition
2.3.2 Countries and Regions Covered
2.3.3 Research Objective
2.3.4 Units, Currency, and Conversions
2.3.5 Industry Value Chain
2.4. Key Market Segments
2.5. Key Companies
2.6. Study Period
Chapter 3. Strategic Analysis Review
3.1. Hemp Seed Oil Pricing Analysis and Forecast
3.2. Porter’s Five Forces
3.3. Market Ecosystem
3.4. SWOT Analysis
3.5. Regulatory Scenario
3.3. Effects of Inflation, Russia-Ukraine War, moderating economic growth, and other macroeconomic factors
Chapter 4. Competitive Landscape
4.1. Market Share Analysis
4.1.1. Global Hemp Seed Oil Market Share by Company, 2023
4.1.2. Product Offerings of Leading Hemp Seed Oil Companies
4.2. Market Entropy
4.2.1. New Product Launches in the Industry
4.2.2. Mergers, Acquisitions, Joint ventures, and Partnerships
4.3. Key Strategies and Best Practices
Chapter 5. Global Market Projections: Best, Reference, and Low Case Scenarios
5.1. Growth Analysis- Case Scenario Definitions
5.2. Low Growth Case Scenario Forecasts
5.3. Reference Growth Case Scenario Forecasts
5.4. High Growth Case Scenario Forecasts
Chapter 6. Market Dynamics
6.1. Hemp Seed Oil Market Drivers
6.2. Hemp Seed Oil Market Challenges
6.6. Hemp Seed Oil Market Opportunities
6.4. Hemp Seed Oil Market Trends
Chapter 7. Global Hemp Seed Oil Market Outlook Trends
7.1. Global Hemp Seed Oil Revenue (USD Million) and CAGR (%) by Type (2021-2032)
7.2. Global Hemp Seed Oil Revenue (USD Million) and CAGR (%) by Application (2021-2032)
7.3. Global Hemp Seed Oil Revenue (USD Million) and CAGR (%) by Product (2021-2032)
By Nature
Organic
Conventional
By Type
Cold-pressed
Refined
By Distribution Channel
B2B
B2C
-Hypermarkets/Supermarkets
-Convenience Stores
-Specialty Stores
-Online
-Others
Chapter 8. Global Hemp Seed Oil Regional Analysis and Outlook
8.1. Global Hemp Seed Oil Revenue (USD Million) By Regions (2021- 2032)
8.2. North America Hemp Seed Oil Revenue (USD Million) by Country (2021-2032)
8.2.1. United States Hemp Seed Oil Regional Analysis and Outlook
8.2.2. Canada Hemp Seed Oil Regional Analysis and Outlook
8.2.3. Mexico Hemp Seed Oil Regional Analysis and Outlook
8.3. Europe Hemp Seed Oil Revenue (USD Million), by Country (2021-2032)
8.3.1. Germany Hemp Seed Oil Regional Analysis and Outlook
8.3.2. France Hemp Seed Oil Regional Analysis and Outlook
8.3.3. United Kingdom Hemp Seed Oil Regional Analysis and Outlook
8.3.4. Spain Hemp Seed Oil Regional Analysis and Outlook
8.3.5. Italy Hemp Seed Oil Regional Analysis and Outlook
8.3.6. Russia Hemp Seed Oil Regional Analysis and Outlook
8.3.7. Rest of Europe Hemp Seed Oil Regional Analysis and Outlook
8.4. Asia Pacific Hemp Seed Oil Revenue (USD Million) by Country (2021-2032)
8.4.1. China Hemp Seed Oil Regional Analysis and Outlook
8.4.2. Japan Hemp Seed Oil Regional Analysis and Outlook
8.4.3. India Hemp Seed Oil Regional Analysis and Outlook
8.4.4. South Korea Hemp Seed Oil Regional Analysis and Outlook
8.4.5. Australia Hemp Seed Oil Regional Analysis and Outlook
8.4.6. South East Asia Hemp Seed Oil Regional Analysis and Outlook
8.4.7. Rest of Asia Pacific Hemp Seed Oil Regional Analysis and Outlook
8.5. South America Hemp Seed Oil Revenue (USD Million), by Country (2021-2032)
8.5.1. Brazil Hemp Seed Oil Regional Analysis and Outlook
8.5.2. Argentina Hemp Seed Oil Regional Analysis and Outlook
8.5.3. Rest of South America Hemp Seed Oil Regional Analysis and Outlook
8.6. Middle East and Africa Hemp Seed Oil Revenue (USD Million) by Country (2021-2032)
8.6.1. Middle East Hemp Seed Oil Regional Analysis and Outlook
8.6.2. Africa Hemp Seed Oil Regional Analysis and Outlook
Chapter 9. North America Hemp Seed Oil Analysis and Outlook
9.1. North America Hemp Seed Oil Revenue (USD Million) by Segments (2021-2032)
9.1.1. North America Hemp Seed Oil Revenue (USD Million) by Type (2021-2032)
9.1.2. North America Hemp Seed Oil Revenue (USD Million) by Application (2021-2032)
9.1.3. North America Hemp Seed Oil Revenue (USD Million) by Product (2021-2032)
By Nature
Organic
Conventional
By Type
Cold-pressed
Refined
By Distribution Channel
B2B
B2C
-Hypermarkets/Supermarkets
-Convenience Stores
-Specialty Stores
-Online
-Others
Chapter 10. Europe Hemp Seed Oil Analysis and Outlook
10.1. Europe Hemp Seed Oil Revenue (USD Million), by Segments (USD Million) (2021-2032)
10.1.1. Europe Hemp Seed Oil Revenue (USD Million) by Type (2021-2032)
10.1.2. Europe Hemp Seed Oil Revenue (USD Million) by Application (2021-2032)
10.1.3. Europe Hemp Seed Oil Revenue (USD Million) by Product (2021-2032)
By Nature
Organic
Conventional
By Type
Cold-pressed
Refined
By Distribution Channel
B2B
B2C
-Hypermarkets/Supermarkets
-Convenience Stores
-Specialty Stores
-Online
-Others
Chapter 11. Asia Pacific Hemp Seed Oil Analysis and Outlook
11.1. Asia Pacific Hemp Seed Oil Revenue (USD Million), and Revenue (USD Million) by Segments (2021-2032)
11.1.1. Asia Pacific Hemp Seed Oil Revenue (USD Million) by Type (2021-2032)
11.1.2. Asia Pacific Hemp Seed Oil Revenue (USD Million) by Application (2021-2032)
11.1.3. Asia Pacific Hemp Seed Oil Revenue (USD Million) by Product (2021-2032)
By Nature
Organic
Conventional
By Type
Cold-pressed
Refined
By Distribution Channel
B2B
B2C
-Hypermarkets/Supermarkets
-Convenience Stores
-Specialty Stores
-Online
-Others
Chapter 12. South America Hemp Seed Oil Analysis and Outlook
12.1. South America Hemp Seed Oil Revenue (USD Million), by Segments (2021-2032)
12.1.1. South America Hemp Seed Oil Revenue (USD Million) by Type (2021-2032)
12.1.2. South America Hemp Seed Oil Revenue (USD Million) by Application (2021-2032)
12.1.3. South America Hemp Seed Oil Revenue (USD Million) by Product (2021-2032)
By Nature
Organic
Conventional
By Type
Cold-pressed
Refined
By Distribution Channel
B2B
B2C
-Hypermarkets/Supermarkets
-Convenience Stores
-Specialty Stores
-Online
-Others
Chapter 13. Middle East and Africa Hemp Seed Oil Analysis and Outlook
13.1. Middle East and Africa Hemp Seed Oil Revenue (USD Million), by Segments (2021-2032)
13.1.1. Middle East and Africa Hemp Seed Oil Revenue (USD Million) by Type (2021-2032)
13.1.2. Middle East and Africa Hemp Seed Oil Revenue (USD Million) by Application (2021-2032)
13.1.3. Middle East and Africa Hemp Seed Oil Revenue (USD Million) by Product (2021-2032)
By Nature
Organic
Conventional
By Type
Cold-pressed
Refined
By Distribution Channel
B2B
B2C
-Hypermarkets/Supermarkets
-Convenience Stores
-Specialty Stores
-Online
-Others
Chapter 14. Hemp Seed Oil Company Profiles
14.1 Business Overview
14.2 Product Profiles
14.3 SWOT Profiles
14.5 Recent Developments
14.6 Financial Profile
List of Companies
Bioriginal Food & Science Corp
Bombay Hemp Company
Connoills LLC
Live Verdure Ltd - 13 Seeds
Manitoba Harvest
NP Nutra
Nutiva Inc
Sky Organics
Velona
Z-COMPANY
15. Methodology and Data Sources
15.1 Customization Offerings
15.2 Subscription Services
15.3 Related Reports
15.4 Publisher Expertise
LIST OF TABLES
Table 1 Market Segmentation Analysis
Table 2 Global Hemp Seed Oil Market Share of Leading Companies, 2023
Table 3 Product Offerings of Leading Companies
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Hemp Seed Oil Revenue (USD Million) And CAGR (%) By Type (2021-2032)
Table 8 Global Hemp Seed Oil Revenue (USD Million) And CAGR (%) By Application (2021-2032)
Table 9 Global Hemp Seed Oil Revenue (USD Million) And CAGR (%) By Product (2021-2032)
Table 10 Global Hemp Seed Oil Market Revenue (USD Million) By Regions (2021-2032)
Table 11 Global Hemp Seed Oil Market Share (%) By Regions (2021-2032)
Table 12 North America Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Table 13 Europe Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Table 14 Asia Pacific Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Table 15 South America Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Table 16 Middle East and Africa Hemp Seed Oil Revenue (USD Million) By Region (2021-2032)
Table 17 North America Hemp Seed Oil Revenue (USD Million) By Type (2021-2032)
Table 18 North America Hemp Seed Oil Revenue (USD Million) By Application (2021-2032)
Table 19 North America Hemp Seed Oil Revenue (USD Million) By Product (2021-2032)
Table 20 Europe Hemp Seed Oil Revenue (USD Million) By Type (2021-2032)
Table 21 Europe Hemp Seed Oil Revenue (USD Million) By Application (2021-2032)
Table 22 Europe Hemp Seed Oil Revenue (USD Million) By Product (2021-2032)
Table 23 Asia Pacific Hemp Seed Oil Revenue (USD Million) By Type (2021-2032)
Table 24 Asia Pacific Hemp Seed Oil Revenue (USD Million) By Application (2021-2032)
Table 25 Asia Pacific Hemp Seed Oil Revenue (USD Million) By Product (2021-2032)
Table 26 South America Hemp Seed Oil Revenue (USD Million) By Type (2021-2032)
Table 27 South America Hemp Seed Oil Revenue (USD Million) By Application (2021-2032)
Table 28 South America Hemp Seed Oil Revenue (USD Million) By Product (2021-2032)
Table 29 Middle East and Africa Hemp Seed Oil Revenue (USD Million) By Type (2021-2032)
Table 30 Middle East and Africa Hemp Seed Oil Revenue (USD Million) By Application (2021-2032)
Table 31 Middle East and Africa Hemp Seed Oil Revenue (USD Million) By Product (2021-2032)
LIST OF FIGURES
Figure 1. Market Scope
Figure 2. Pricing Forecasts Per Unit, 2023- 2032
Figure 3. Porter’s Five Forces
Figure 4. Global Hemp Seed Oil Market Revenue (USD Million) By Regions (2021-2032)
Figure 5. Global Hemp Seed Oil Market Share (%) By Regions (2023)
Figure 6. North America Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 7. United States Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 8. Canada Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 9. Mexico Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 10. Europe Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 11. Germany Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 12. France Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 13. United Kingdom Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 14. Spain Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 15. Italy Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 16. Russia Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 17. Rest of Europe Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 11. Asia Pacific Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 12. China Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 13. Japan Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 14. India Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 15. South Korea Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 16. Australia Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 17. South East Asia Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 18. South America Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 19. Brazil Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 20. Argentina Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 21. Rest of Asia Pacific Hemp Seed Oil Revenue (USD Million) By Country (2021-2032)
Figure 22. Middle East and Africa Hemp Seed Oil Revenue (USD Million) By Region (2021-2032)
Figure 23. Saudi Arabia Hemp Seed Oil Revenue (USD Million) By Region (2021-2032)
Figure 24. The UAE Hemp Seed Oil Revenue (USD Million) By Region (2021-2032)
Figure 25. Rest of Middle East Hemp Seed Oil Revenue (USD Million) By Region (2021-2032)
Figure 26. South Africa Hemp Seed Oil Revenue (USD Million) By Region (2021-2032)
Figure 27. Africa Hemp Seed Oil Revenue (USD Million) By Region (2021-2032)
Figure 28. North America Hemp Seed Oil Revenue (USD Million) By Type (2021-2032)
Figure 29. North America Hemp Seed Oil Revenue (USD Million) By Application (2021-2032)
Figure 30. North America Hemp Seed Oil Revenue (USD Million) By Product (2021-2032)
Figure 31. Europe Hemp Seed Oil Revenue (USD Million) By Type (2021-2032)
Figure 32. Europe Hemp Seed Oil Revenue (USD Million) By Application (2021-2032)
Figure 33. Europe Hemp Seed Oil Revenue (USD Million) By Product (2021-2032)
Figure 34. Asia Pacific Hemp Seed Oil Revenue (USD Million) By Type (2021-2032)
Figure 35. Asia Pacific Hemp Seed Oil Revenue (USD Million) By Application (2021-2032)
Figure 36. Asia Pacific Hemp Seed Oil Revenue (USD Million) By Product (2021-2032)
Figure 37. South America Hemp Seed Oil Revenue (USD Million) By Type (2021-2032)
Figure 38. South America Hemp Seed Oil Revenue (USD Million) By Application (2021-2032)
Figure 39. South America Hemp Seed Oil Revenue (USD Million) By Product (2021-2032)
Figure 40. Middle East and Africa Hemp Seed Oil Revenue (USD Million) By Type (2021-2032)
Figure 41. Middle East and Africa Hemp Seed Oil Revenue (USD Million) By Application (2021-2032)
Figure 42. Middle East and Africa Hemp Seed Oil Revenue (USD Million) By Product (2021-2032)
By Nature
Organic
Conventional
By Type
Cold-pressed
Refined
By Distribution Channel
B2B
B2C
-Hypermarkets/Supermarkets
-Convenience Stores
-Specialty Stores
-Online
-Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Hemp Seed Oil Market Size is valued at $102.6 Million in 2024 and is forecast to register a growth rate (CAGR) of 15.3% to reach $320.5 Million by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Bioriginal Food & Science Corp, Bombay Hemp Company, Connoills LLC, Live Verdure Ltd - 13 Seeds, Manitoba Harvest, NP Nutra, Nutiva Inc, Sky Organics, Velona, Z-COMPANY
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume