Global Hemp Juice Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2019–2028
“Global Hemp Juice Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global hemp juice market report has been segmented as per nature, form, end user, distribution channel, and region.
Global Hemp Juice Market: Overview
Hemp juice is obtained from the upper part and leaves of the hemp plant. To extract hemp juice, the majority of juice manufacturers used low-speed juicers. The hemp juice contains high Calcium, Vitamin E, Zinc, Magnesium, Selenium, Iron, Phosphorus, and Vitamin A. In addition, this juice reduces the risk of many diseases and improve health. Many individuals mostly preferred hemp juice due to various health benefits associated with it.
Global Hemp Juice Market: Dynamics
Increasing hectic lifestyle and stress among the young population of various countries and rising consumer preference towards hemp juice for a healthy lifestyle are major factors anticipated to propel growth of the global market over the forecast period. In addition, rising consumption of hemp juice across the globe due to the presence of antioxidants improves health, raises the energy levels, and others. Increasing awareness about various health benefits associated with hemp juice such as easy digestion, reduce tiredness and fatigue and helps to maintain eye, teeth, skin, and bone health resulting in the growing demand for hemp juice among individuals. These are other factors projected to support the growth of target market during the forecast period.
Growing demand for hemp juice among individuals to remain fresh and active at home as well as workplace and rising health consciousness among individuals are other factors projected to drive growth of the global market. In addition, increasing consumption of hemp juice, owing to the presence of minerals, vitamins, omega acids, and other vital nutrients is key factor expected to fuel growth of the target market over the forecast period.
Furthermore, rising advancement in the hemp juice extraction processes by major hemp juice producers across the globe is another factor projected to boost growth of the target market in the next 10 years.
However, factors anticipated to hamper growth of the global hemp juice market include high production cost and high price associated with liquid and powder form hemp juice.
Global Hemp Juice Market: Segment Analysis
Increasing demand for hemp-based beauty products across the globe and rising adoption of hemp juice in the pharmaceutical sector across the globe is the primary factor driving revenue growth of the commercial segment among the end-user segments.
Among the distribution channel segments, the e-commerce segment is forecasted to witness the highest growth in the global hemp juice market, owing to various facilities provided by e-commerce industry such as attractive product discount, product price comparison, easy payment, free home delivery, and others.
Global Hemp Juice Market: Region Analysis
The hemp juice market in Europe holds a major share in terms of revenue in the global market followed by the market in North America, owing to increasing health-conscious consumers and high consumption of hemp juice in the countries such as France, UK, Germany, Italy, Canada, and the US in these regions. Market in Asia Pacific is anticipated to register a substantial growth in the global market followed by market in Middle East & Africa and Latin America, owing to high preference for liquid and powder form hemp juice among individuals in the countries such as India, China, Brazil Israel, South Africa, and Mexico in these regions.
Global Hemp Juice Market Segmentation:
Segmentation by Nature:
Segmentation by Form:
Segmentation by End User:
- Cosmetics and Personal Care
Segmentation by Distribution Channel:
- Hypermarkets and Supermarkets
- Specialty Stores
- Convenience Stores
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Estimated Year 2020 Actual Year 2021 Forecast Period 2021–2030 Revenue in US$
- Whole Hemp Company LLC
- Hemp Health Inc.
- Chi Hemp Industries Inc.
- Sana Hemp Juice
- CBD Health Solutions, LLC
- North American Cannabis Holdings, Inc.
- Elev8 Brands, Inc.
- Hemp Extraction Technology Corp.
- Palmetto Harmony
- Cloud 9 Hemp
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