We are monitoring the impact of COVID-19 on Asia Pacific Hemp Milk Market Get in touch with us for detailed analysis Know More
Pulished Date July, 2021
ID: 11750
Share on
Share on

Asia Pacific Hemp Milk Market by Variants (flavored and unflavored), Categories (sweetened and unsweetened), Products (organic and non-organic), Distribution channels (online and offline), and country, Market Share, Forecast Data, In-Depth Analysis, And Detailed Overview, and Forecast, 2021-2026

Pulished: July, 2021
ID: 11750
Pages: 120

Asia Pacific Hemp Milk Market Analysis:

Asia Pacific Hemp Milk Market is expected at USD xx.xx million in 2021 and is anticipated to extent an over of USD xx.xx million by the end of the assessment period. The Asia Pacific Hemp Milk Market is estimated to experience reasonable growth to record a CAGR of xx.xx% throughout the estimate period (2021-2026).

Hemp milk is a good source of vitamins and minerals such as iron, calcium and others that have increased its popularity among fitness enthusiasts. It offers health benefits in the form of low-calorie, less sweet food products, lots of protein, and several essential fatty acids. In a 100 milliliter serving, hemp milk provides 46 calories from 3 g of carbohydrates, 3 g of fat and 2 g of protein. Based on the type, the market is classified into plain, flavored, and sugar-free flavor. According to the sales channel, the market is divided into hypermarkets, supermarkets and e-commerce. In addition, several celebrities, athletes and large companies such as Google are promoting the consumption of herbal products. Manufacturers are therefore eagerly awaiting the introduction of low-calorie flavored hemp milk or sugar-free varieties to target adult consumers, which are expected to drive the global hemp milk market for years to come.

Recent Developments 

Private equity investor Inverleith bought a majority stake in plant-based food and beverage brand Good Hemp after striking a "seven-figure" deal. This investment will enable the Devon-based brand to expand its product portfolio, expand the reach of its Good Hemp milk alternative product in the UK and overseas and increase its commercial presence. Good Hemp was founded by Henry Braham and Glynis Murray on their Devon farm in 2004, first launching their 'Good Oil' product in UK retail in 2005.

Food Company Campbell's Soup has announced that it will acquire Pacific Foods, known for its stable plant-based dairy products, for $ 700 million. According to Greg Wank of business consulting firm Anchin, the deal is important to Campbell because it positions the brand to be more aligned with current food trends. This acquisition allows us to expand into faster growing spaces such as organic and functional foods. Over the past year, a growing number of major food companies have acquired plant-based brands, including the meat company Maple Leaf Foods, which bought the meat substitute company Lightlife Foods.

The Healthy Brands Collective Corporation acquired Living Harvest Foods, a hemp products company that makes a leading brand of hemp milk, Tempt. Living Harvest is the fourth acquisition by Healthy Brands Collective, an acquisition-driven company formed by Cell-Nique founders Dan and Donna Ratner. The company also owns the hibiscus soda brand Ooba, the allergy-sensitive bakery company Cherrybrook Kitchen, and the snack company Yumnuts.

Market Drivers and Restraints:

The world market for hemp milk is experiencing significant growth due to the increased consumption of plant-based milk. Hemp milk is high in protein, omega-3 fatty acids, low in fat and vitamins, making it a desirable alternative to cow's milk. The global health and wellness industry has seen tremendous growth in recent years due to growing health challenges which, in turn, are driving the hemp milk market. Manufacturers are introducing a variety of flavored and sweetened hemp milks to attract the attention of consumers, thus driving the growth of the hemp milk market. Hemp milk is a good source of vitamins and minerals such as iron, calcium and others that have increased its popularity among fitness enthusiasts, thus driving the growth of its market. Increased consumption of prepared foods and beverages by consumers due to their fast pace of life has also helped fuel the growth of the hemp milk market. Many cafes and restaurants have started incorporating hemp milk to prepare drinks such as lattes, shakes and others due to the significant increase in the vegan population, this has positively impacted the growth of the global hemp milk market. The shift in consumer preference towards vegan products due to factors such as health awareness and animal welfare has boosted the market for hemp milk. Consumers are turning to plant-based milk due to the increasing incidence of lactose intolerance and celiac disease, which has increased the rate of hemp milk consumption. These factors have helped drive the global market for hemp milk. The relatively low market penetration of hemp milk in several developing economies, as well as the presence of an established consumer base of dairy products in countries, hamper the market for hemp milk. The presence of substitutes such as almond milk, soy milk and others on the market is likely to slow down your market growth.

Market Segmentation

The Asia Pacific Hemp Milk Market can be segmented according to variants, category, product type, and distribution channel. Depending on the variants it can be divided into unflavoured and flavoured. On the basis on category for Global Hemp Milk Market it can be divided into unsweetened and sweetened. Depending on the product type it can be divided into non-organic and organic. Depending on the distribution channel it can be divided into offline and online.

Impact of covid-19 on Asia Pacific Hemp Milk Market

Agricultural products, which are the key raw material for the later stages of the food value chain, can become a potential source of bottleneck for the food and beverage industry. This is especially true for countries like Australia, which imports essential plant protection products and agrochemicals on a large scale from China. China is home to a significant number of large-scale manufacturers, accounting for around 30-35% of global agrochemical production. The country is one of the largest producers of ready-to-use pesticides and active ingredients that are used to form the basis of various phytosanitary products formulated in importing countries. Factors such as poor logistics due to traffic control and restrictions on public movement in the affected state of China can lead to supply disruptions.

Regional Analysis

The market for Asia Pacific Hemp Milk has been categorized on the basis of geography to offer a clear understanding of the market. The Market for Asia Pacific Hemp Milk has been divided into China, Taiwan, South Korea, India, Japan, Australia, and New Zealand, and the rest of the Asia-Pacific. The Asia-Pacific region is expected to experience significant growth in the coming years. The presence of countries like China and India, which are the world's leading hemp producers, is helping to drive the market. The abundant availability of raw materials in the region is also an important factor driving market growth.

Leading Company

Hudson River Foods had the largest share of the Asia Pacific Hemp Milk Market in terms of sales revenue in 2021.

Key Players

The Asia Pacific Hemp Milk Market is concentrated with well-established players. Key players in the Asia Pacific Hemp Milk Market include Tilray, Hudson River Foods, The Fix, Nutriops, S.L, Milkadamia, Organic Hemp Milk Australia, Good Hemp Food, Living Harvest Foods, Inc, Good Mylk Co., and Pacific Foods of Oregon

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Hemp Milk Market, By Variants                         

                                6.1.1 flavored   

                                6.1.2 unflavored              

                                6.1.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.4 Y-o-Y Growth Rate Analysis              

                                6.1.5 Market Attractiveness Index           

                6.2 Hemp Milk Market, By Products                        

                                6.2.1 organic     

                                6.2.2 non-organic            

                                6.2.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.4 Y-o-Y Growth Rate Analysis              

                                6.2.5 Market Attractiveness Index           

                6.3 Hemp Milk Market, By Categories                    

                                6.3.1 sweetened             

                                6.3.2 unsweetened        

                                6.3.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.3.4 Y-o-Y Growth Rate Analysis              

                                6.3.5 Market Attractiveness Index           

                6.4 Hemp Milk Market, By Distribution Channel                 

                                6.4.1 online       

                                6.4.2 offline       

                                6.4.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.4.4 Y-o-Y Growth Rate Analysis              

                                6.4.5 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                    

                7.2 Asia Pacific                  

                                7.2.1 By Country              

                                                7.2.1.1 China

                                                7.2.1.2 India

                                                7.2.1.3 Japan

                                                7.2.1.4 South Korea

                                                7.2.1.5 South East Asia

                                                7.2.1.6 Australia & NZ

                                                7.2.1.7 Rest of Asia-Pacific

                                7.2.2 By Variants             

                                7.2.3 By Products            

                                7.2.4 By Categories        

                                7.2.5 By Distribution Channel     

8. Key Player Analysis                                    

                8.1 Hudson River Foods                

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Tilray                             

                8.3 The Fix                         

                8.4 Nutriops                      

                8.5 S.L                  

                8.6 Milkadamia                

                8.7 Organic Hemp Milk Australia                               

                8.8 Good Hemp Food                    

                8.9 Living Harvest Foods, Inc                      

                8.10 Good Mylk Co                         

                8.11 Pacific Foods of Oregon                      

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Variants, Products, Categories, and Distribution Channel along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Asia Pacific Hemp Milk Market By Variants, From 2021-2026 ( USD Billion )
  2. Asia Pacific flavored  Market By Region, From 2021-2026 ( USD Billion )
  3. Asia Pacific unflavored Market By Region, From 2021-2026 ( USD Billion )
  4. Asia Pacific Hemp Milk Market By Products, From 2021-2026 ( USD Billion )
  5. Asia Pacific organic  Market By Region, From 2021-2026 ( USD Billion )
  6. Asia Pacific Hemp Milk Market By Categories, From 2021-2026 ( USD Billion )
  7. Asia Pacific sweetened  Market By Region, From 2021-2026 ( USD Billion )
  8. Asia Pacific unsweetened Market By Region, From 2021-2026 ( USD Billion )
  9. Asia Pacific Hemp Milk Market By Distribution Channel, From 2021-2026 ( USD Billion )
  10. Asia Pacific online  Market By Region, From 2021-2026 ( USD Billion )
  11. Asia Pacific offline Market By Region, From 2021-2026 ( USD Billion )
  12. Japan Hemp Milk Market By Variants, From 2021-2026 ( USD Billion )
  13. Japan Hemp Milk Market By Products, From 2021-2026 ( USD Billion )
  14. Japan Hemp Milk Market By Categories, From 2021-2026 ( USD Billion )
  15. Japan Hemp Milk Market By Distribution Channel, From 2021-2026 ( USD Billion )
  16. China Hemp Milk Market By Variants, From 2021-2026 ( USD Billion )
  17. China Hemp Milk Market By Products, From 2021-2026 ( USD Billion )
  18. China Hemp Milk Market By Categories, From 2021-2026 ( USD Billion )
  19. China Hemp Milk Market By Distribution Channel, From 2021-2026 ( USD Billion )
  20. India Hemp Milk Market By Variants, From 2021-2026 ( USD Billion )
  21. India Hemp Milk Market By Products, From 2021-2026 ( USD Billion )
  22. India Hemp Milk Market By Categories, From 2021-2026 ( USD Billion )
  23. India Hemp Milk Market By Distribution Channel, From 2021-2026 ( USD Billion )
  24. Australia Hemp Milk Market By Variants, From 2021-2026 ( USD Billion )
  25. Australia Hemp Milk Market By Products, From 2021-2026 ( USD Billion )
  26. Australia Hemp Milk Market By Categories, From 2021-2026 ( USD Billion )
  27. Australia Hemp Milk Market By Distribution Channel, From 2021-2026 ( USD Billion )
  28. South Korea Hemp Milk Market By Variants, From 2021-2026 ( USD Billion )
  29. South Korea Hemp Milk Market By Products, From 2021-2026 ( USD Billion )
  30. South Korea Hemp Milk Market By Categories, From 2021-2026 ( USD Billion )
  31. South Korea Hemp Milk Market By Distribution Channel, From 2021-2026 ( USD Billion )
     

Please wait. . . . Your request is being processed

LICENCE TYPE

$ 1234 3335

Clients
clients
clients
clients
clients
clients
clients
Click for Request Sample