(Food-Beverage-News.Com, March 28, 2018 ) Hemp is a sustainable crop, which is seeded toward the end of May or during early June. The hemp plants are grown close together and possess large and broad leaves. The harvesting of hemp begins around 120 days after seeding. Scientists believe that humans have been cultivating hemp for over ten thousand years, owing to its nutritional, medicinal, and industrial properties. As a crop, hemp is known to be one of humanity's first domesticated crops. Over the years, hemp-based foods have emerged as "superfoods" in the health and wellness food category in North American and European markets.
Publisher's analysts forecast the global hemp-based foods market to grow at a CAGR of 20.3% during the period 2016-2020.
Hemp-based food products have gained wide acceptance for their easy digestibility as they are free from allergens, gluten, genetically modified organism (GMO), lactose, soy, phytoestrogen, and pesticides. Hemp seeds are a highly nutritious protein source and are increasingly used in packaged foods such as bread, pretzels, granola bars, and cereals. Hemp has emerged as a superfood in recent years due to its high content of essential fatty acids (EFAs) including omega-3 and omega-6. The market potential for hemp-based foods emerging as superfoods will witness a huge surge in the coming years owing to their blending capacity in terms of taste and functionality with other common food ingredients. Moreover, the growing demand for high protein content products will further contribute to the growth of the global hemp-based foods market over the forecast period.
Market challenge - - Stringent government regulations regarding cultivation and human consumption of hemp
Market trend -- Rise in demand for hemp-based foods from APAC
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles