Hemp Milk Market

By Product Type;

Organic and Inorganic

By Flavor;

Flavored and Unflavored

By Category;

Plain, Low-Sugar, Sweetened, and Unsweetened

By Distribution Channel;

Online and Offline

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn739850296 Published Date: August, 2025

Introduction

Global Hemp Milk Market (USD Million), 2021 - 2031

In the year 2024, the Global Hemp Milk Market was valued at USD 354.65 million. The size of this market is expected to increase to USD 955.51 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 15.2%.


Hemp Milk Market

*Market size in USD million

CAGR 15.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)15.2 %
Market Size (2024)USD 354.65 Million
Market Size (2031)USD 955.51 Million
Market ConcentrationLow
Report Pages328
354.65
2024
955.51
2031

Major Players

  • Healthy Brands Collective
  • Drink Daily Greens
  • Pacific Foods of Oregon
  • Waska Farms
  • Wild Harvest Organics
  • Braham & Murray

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Hemp Milk Market

Fragmented - Highly competitive market without dominant players


The global hemp milk market represents a burgeoning segment within the plant-based milk industry, driven by increasing consumer interest in dairy alternatives and the health benefits associated with hemp seeds. Hemp milk is a non-dairy beverage made from the seeds of the hemp plant (Cannabis sativa), known for its nutritional richness and potential health-promoting properties. This milk alternative is gaining popularity among consumers seeking plant-based, lactose-free, and allergen-friendly options.

Hemp milk is prized for its rich profile of essential nutrients, including omega fatty acids, protein, vitamins (such as vitamin E), minerals (like calcium and magnesium), and antioxidants. These nutritional elements contribute to its appeal as a functional beverage that supports heart health, skin health, and overall well-being. The market's growth is bolstered by increasing awareness of the environmental sustainability of hemp cultivation and its potential role in sustainable food systems.

Despite regulatory challenges in some regions regarding cannabis-related products, hemp milk's market expansion is driven by innovative product formulations, growing availability in retail channels, and consumer demand for versatile dairy alternatives. As global dietary trends continue to favor plant-based and natural products, the hemp milk market is poised for further development and diversification in response to evolving consumer preferences and health-conscious lifestyles.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Flavor
    3. Market Snapshot, By Category
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Hemp Milk Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Health Consciousness
        2. Demand for Plant-Based
        3. Nutritional Benefits
        4. Sustainability Trends
      2. Restraints
        1. Regulatory Hurdles
        2. Taste and Acceptance
        3. Competition from Alternatives
        4. Supply Chain Constraints
      3. Opportunities
        1. Market Expansion Strategies
        2. Product Innovation
        3. Emerging Markets
        4. Health and Wellness Trends
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Hemp Milk Market, By Product Type, 2021 - 2031 (USD Million)
      1. Organic
      2. Inorganic
    2. Hemp Milk Market, By Flavor, 2021 - 2031 (USD Million)

      1. Flavored

      2. Unflavored

    3. Hemp Milk Market, By Category, 2021 - 2031 (USD Million)

      1. Plain

      2. Low-Sugar

      3. Sweetened

      4. Unsweetened

    4. Hemp Milk Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Online
      2. Offline
    5. Hemp Milk Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Healthy Brands Collective
      2. Drink Daily Greens
      3. Pacific Foods of Oregon
      4. Waska Farms
      5. Wild Harvest Organics
      6. Braham & Murray
  7. Analyst Views
  8. Future Outlook of the Market