Why Industrial Hemp in Food on the Rise – The Balance Small Business
Hemp has been basically utilized as a source of fiber and oil. Hemp seeds are known as rich in protein, vitamins, and minerals. They are also an excellent source of fiber. Hemp seeds are the only edible seeds with gamma-linolenic acid (GLA). Whole hemp seeds are cold-pressed for oil or hulled to expose the seed meat. Hemp seeds & oil are used in other countries, including in Europe, Canada, and the United States of America, in a wide range of foods. Hemp seeds are a highly nutritious source of protein and are being increasingly used in packaged foods such as granola bars, pretzels, bread, and also in cereals. Hemp products are further being incorporated into automotive innovations with BMW currently experimenting with using hemp in biodegradable plastic for dashboards & fittings.
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Hemp Oil is well known for its Omega-3 benefits in that it owns a perfect balance of Omega-3 to Omega-6. It can be utilized in salad dressings, dips, as well as a topping for vegetables, rice, and potatoes. It is further considered as a great substitute for margarine, butter, or any other oil. Hemp protein is an excellent alternative to meat products for protein consumption. It has more protein percentage than any meat source and is considered cholesterol-free. It can be mixed into juice coupled with homemade smoothies or purchased as a ready-made shake mix. Owing to the numerous health benefits of hemp oil & seed along with nutritional factors, it is widely used in the food & beverage industries, and further influencing the studied market growth.
The List of Companies
1. Agropro
2. Compass Group Management LLC
3. Elixinol
4. Hempco Inc
5. HempFlax
6. HemPoland
7. HMI Group
8. Liaoning Qiaopai Biotech Co., Ltd
9. Manitoba Harvest
10. Nutiva Inc
The global industrial hemp in food market is segmented on the basis of product type, application, and distribution channel. On the basis of product type, the industrial hemp in food market is segmented into hemp seed oil, hemp flour, whole hemp seed, hulled hemp seed, and others. The industrial hemp in food market on the basis of the application is classified into food industry, beverage industry, and others. On the basis of distribution channel, global industrial hemp in food market is bifurcated into offline and online.
Source: The Insight Partners