The Hemp Seed Milk Market To Grow On An Innovatively Cordial Note

 The global hemp seed milk market is set to experience a value growth of more than 11% CAGR over the next ten years, reaching a valuation of around US$ 415 Mn by the end of 2031. Application of hemp seed milk is increasing in the nutraceutical industry, owing to rising preference for healthy, organic, and nutritious food products. Demand for hemp seed milk has surged because it is the best alternative to dairy products for consumers suffering from lactose intolerance.

Shifting preference toward vegan products is also accelerating market expansion. Many companies are using aseptic packaging methods to increase the shelf life of products up to 18 months without the need for refrigeration or any other preservatives. Increase in consumption of convenience food & beverages owing to fast-paced lifestyles has also contributed to rising demand for hemp seed milk.

To remain ‘ahead’ of your competitors, request for a samples@https://www.persistencemarketresearch.com/samples/32489

Key Takeaways from Market Study

  • The market for hemp seed milk in countries of North America & Europe is expected to grow at CAGRs of 7.7% and 13.2%, respectively, through 2031.
  • Regular hemp milk is witnessing a prominent market value share of around 57%.
  • Key contributing factor for high production ratio of hemp seed milk is long shelf-life without any added preservatives or chemicals.
  • North America and Europe hold more than half share of the global market, mainly on the back of high consumption of hemp seed milk-based products in these regions.
  • The U.S. and Italy hold significant shares for hemp seed milk in North America and Europe, respectively.
  • COVID-19 has had a moderate impact on the sales of hemp seed milk. However, with increasing demand for healthy, organic, and nutritious food products, losses are expected to be recovered in the near term.

hemp-seed-milk-market

To connect with our sales representative@sales@persistencemarketresearch.com

Competitive Landscape

Hemp seed milk manufacturers are focusing on increasing its application by investing in research to develop new products. Manufacturers are expected to continue coming up with numerous innovations to expand their product range. They are also constantly making efforts to increase sales across various application industries.

  • In February 2019, Tilray Inc., aCanadian cannabis company, acquired Fresh Hemp Foods Limited, the parent company of Manitoba Harvest. This acquisition is expected to add to its product portfolio of food and wellness products in the U.S. and Canada.
  • In June 2018, Refresh Whole Foods launched hemp milk in Australia after it was permitted for use by regulators. Its products are made using dates, hemp, water, and sea salt.

For in-depth competitive analysis, buy now@https://www.persistencemarketresearch.com/checkout/32489

About us: Persistence Market Research

Contact us:

Persistence Market Research          
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com


Comments

Post a Comment

Popular posts from this blog

A CAGR Of 15% Expected To Be Registered Between 2031 For Disinfection Robot Market

  According to a revised report published by Persistence Market Research, the global   disinfection robots market  valued at   US$ 1 Bn   in 2020, and is predicted to surge at a   CAGR of more than 15%   during the forecast period (2021–2031). Impact of the COVID-19 pandemic due to the spread of SARS-CoV-2 has tested the obtainability of traditional disinfectants, which has led to a spike in demand for disinfection robots from institutions and companies. These robots are deployed progressively as an artless solution for the instantaneous decontamination of all surfaces of common areas and rooms, and, as such, they seem an attractive alternative for reducing dependency on cleaning services. Presently, disinfection robots are not an alternative to hospital cleaning services, but can be a complementary solution. Get Sample Copy of this Report @  https://www.persistencemarketresearch.com/samples/22822 Various companies received FDA & CE approval for their products to fight the COVID-19
Read more

Servo Motors Drives Market: Future Forecast Indicates Impressive Growth Rate 2019 – 2029

Image
  The global servo motors and drives market was valued at  ~ US$ 9 Bn in 2014,  and is expected to surpass  US$ 12 Bn  by the end of  2019 . The servo motors and drives market is expected to grow at a  CAGR of ~ 8% between 2019 and 2029 , and is estimated to reach a global value of  ~ US$ 28 Bn  by the end of  2029. Persistence Market Research released a new market study on the servo motors and drives market, which includes the global industry analysis  2014–2018  and forecast  2019–2029 . The report studies the global servo motors and drives market and offers an in-depth analysis for the next ten years. The report on the global servo motors and drives market contains vital macroeconomic and forecast factors that are estimated to drive the growth of the global servo motors and drives market. The report on the servo motors and drives market also discusses restraints that are expected to hamper the global market, along with potential opportunities and latest trends in the market across t
Read more

Increased Adoption of Virtual Desktop Infrastructure Market across End-Use Industries to Fuel Revenue Growth During the Forecast Period by 2030-Persistence Market Research

  As per findings of a new market research report by Persistence Market Research, the global   virtual desktop infrastructure market   reached a valuation of nearly   US$ 3.5   Bn in   2019 , and is anticipated to exhibit a CAGR of around   12%   during the forecast period of   2020  to   2030 . The adoption of BYOD allows employees to bring their own devices in the organization, which allows then to access company information and applications via virtual desktop infrastructure. With such a BYOD policy, both, employers and employees can avail benefits such as reliable data backup, cost savings, expanded mobility, increased productivity, and job satisfaction. Virtual desktop infrastructure helps secure the employee devices, as it supports a highly secure infrastructure. This system is like screen-scraping technology used with mainframe computers, where no actual data is delivered to the device, and all data remains in the data center. If the employee device is lost, misplaced, or stolen
Read more