According to the latest report by IMARC Group, titled "Hemp-Based Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," Hemp-based food products include hemp seeds, hemp oil, cheese substitutes and protein powder that are widely consumed across the globe due to the numerous health benefits offered by them. These products are obtained by harvesting the hemp plant and hulling seeds to separate oil-rich kernels that are further cold pressed to produce oil. They are rich in iron, protein, fiber, zinc, magnesium, phosphorus, potassium, and vitamins A, B, C and E. Apart from this, they are free from gluten, lactose, allergens, genetically modified organisms (GMO), pesticides and phytoestrogen. As a result, they are widely used in the preparation of numerous packaged products, including bread, cereals, chips, pretzels and granola bars.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Hemp-Based Food Market 2020-2025 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Canada Hemp Foods Ltd., Fresh Hemp Foods Ltd. (Tilray, Inc), GFR Ingredients Inc., Hemp Foods Australia Pty Ltd. (Elixinol Global Limited), Hempco Food and Fiber Inc. (Aurora Cannabis Inc.), Naturally Splendid Enterprises, Isodiol International Inc., Navitas Organics, Nutiva and T12 Holdings Pty Ltd. (Cann Global Limited).

The report has segmented the market on the basis on region, product and distribution channel.

Breakup by Product:
Hemp Protein Powder
Hemp Seed Oil
Hemp Seeds
Others
 
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Online Stores
Others
 
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa

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