Global Hemp Milk Market Statistics: USD 867.8 Million Value by 2033

Summary:

• The global hemp milk market size reached USD 325.2 Million in 2024.
• The market is expected to reach USD 867.8 Million by 2033, exhibiting a growth rate (CAGR) of 11.45% during 2025–2033.
• North America leads the market, accounting for the largest hemp milk market share.
• On the basis of the variant, the market has been bifurcated into flavored and unflavored.
• Sweetened holds the largest share in the hemp milk industry.
• Organic remains a dominant segment in the market due to the increasing awareness among the masses about the benefits of organic hemp milk.
• Supermarkets and hypermarkets represent the leading distribution channel segment.
• The rising demand for healthy food products is a primary driver of the hemp milk market.
• The growing environmental concerns are reshaping the hemp milk market.

Industry Trends and Drivers:

● Increasing demand for healthy food products:

Hemp milk demand is rising due to increased health awareness. Consequently, consumers are turning to healthier alternatives to dairy. Hemp milk is rich in omega-3 and omega-6 fatty acids, vital for heart and brain health. It also contains vitamin D, calcium, and magnesium, which strengthen bones. Additionally, its better taste and nutrients are boosting hemp milk consumption and market growth.

● Rising preferences for plant-based diets:

Plant-based diets are gaining popularity globally, boosting the market. Meanwhile, vegans and those with dairy issues are turning to hemp milk as a nutritious alternative. The rise in veganism, driven by concerns for animals and the environment, also supports market growth. Additionally, hemp milk is popular in smoothies, coffee, cereals, and baking, appealing to a wide range of consumers.

● Growing environmental concerns:

More people are choosing food that is ethically sourced and low in carbon emissions. Hemp plants, needing less water and pesticides, fit this bill. They attract eco-conscious consumers aiming to lower their carbon footprint and support sustainable farming. Meanwhile, the shift towards hemp milk, away from dairy and less sustainable plant milks, is fueling market growth.

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Hemp Milk Market Report Segmentation:

Breakup By Variant:

• Flavored
• Unflavored

On the basis of variant, the market has been bifurcated into flavored and unflavored.

Breakup By Type:

• Sweetened
• Unsweetened

Sweetened accounts for the largest market share due to rising consumer preferences for rich flavors.

Breakup By Category:

• Organic
• Conventional

Organic represents the largest segment driven by the increasing number of health-conscious people.

Breakup By Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Stores

Supermarkets and hypermarkets hold the biggest market share as they offer enhanced convenience to users and provide a wide range of products in one place.

Breakup By Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

North America enjoys the leading position in the hemp milk market on account of the increasing focus on maintaining a healthy lifestyle among people.

Top Hemp Milk Market Leaders:

The hemp milk market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

• Good Hemp Food
• Goodmylk Co.
• Hudson River Foods
• Living Harvest Foods Inc
• Manitoba Harvest Hemp Foods
• Pacific Foods of Oregon Inc
• Sunopta Inc

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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