Hemp Protein Market 2021 Evaluation In accordance with Current Developments and Demand – Hemp Oil Canada Inc, Navitas LLC, North American Hemp & Grain Co. Ltd., Aurora Hashish – KSU
The report provides an in-depth assessment of the global Hemp Protein including activation technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, the Profiles and strategies of the ecosystem actors. The report also includes projections for investments in global hemp protein from 2019 to 2024.
The hemp protein market is expected to grow by 15.2% over the forecast period 2019-2024.
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Top leading manufacturer
Hemp Oil Canada Inc., Navitas LLC, North American Hemp & Grain Co. Ltd., Aurora Cannabis (Hempco Food and Fiber Inc.), Fresh Hanf Foods Ltd. (Manitoba Harvest Hemp Foods), Naturally Splendid Enterprises Ltd., GFR Ingredients Ltd. , Green Source Organics
Major market trends
Increased demand for high quality, plant-based and safe protein sources
Animal-based proteins have been discussed controversially in recent years with regard to the carcinogenicity of red meat and the antibiotic residues contained in meat. The emerging trend of veganism has also helped increase the revenue of the market. Additionally, minimally processed and chemical-free consumption patterns have opened up an opportunity in the marketplace. Studies have also shown that consuming vegetable protein can help reduce your risk of diseases such as cardiovascular disease and cancer. In addition, it has various other benefits such as immune system boosters, weight suppressors, and its ability to lower blood pressure and cholesterol. In addition, hemp protein has the highest protein content as a total weight, so it can be considered a suitable substitute for animal protein.
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North America is an important market for hemp protein
The United States is the leading market for hemp protein in the North American region. The biggest advance for the hemp industry in the US came in 2014 with the passage of the US Farm Bill, which allowed states to run hemp pilot programs. However, approval from the federal government is still mandatory. Because hemp is also derived from the same type of plant, cannabis sativa, as marijuana, its production is restricted in the United States. The ease of regulation will add further impetus to the entire hemp protein market in the United States. JD Farms is one of the largest and first legal hemp farms in New York.
What market factors are explained in the report?
– –Important strategic developments: The study also covers the key strategic developments of the market, including R&D, new product launches, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional level are.
– –Key market characteristics: The report has assessed key market characteristics including sales, price, capacity, capacity utilization, gross, production, production rate, consumption, import / export, supply / demand, cost, market share, CAGR, and gross margin. In addition, the study provides a comprehensive study of the key market dynamics and their latest trends, as well as relevant market segments and sub-segments.
– –Analysis tools: The Global Hemp Protein Market report has the deeply researched and assessed data from the major players in the industry and their market size with the help of a series of analytical tools. The analytical tools such as Porter’s Five Forces Analysis, Feasibility Study, and Return on Investment Analysis have been used to analyze the growth of key market players.
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