Hemp Seed Oil Market

By Nature;

Organic and Conventional

By Type;

Cold-Pressed and Refined

By Distribution Channel;

B2B and B2C [Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Online and Others]

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn960450791 Published Date: September, 2025 Updated Date: October, 2025

Introduction

Hemp Seed Oil Market (USD Million), 2021 - 2031

In the year 2024, the Hemp Seed Oil Market was valued at USD 226.89 million. The size of this market is expected to increase to USD 2,184.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 38.2%.


Hemp Seed Oil Market

*Market size in USD million

CAGR 38.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)38.2 %
Market Size (2024)USD 226.89 Million
Market Size (2031)USD 2,184.65 Million
Market ConcentrationLow
Report Pages350
226.89
2024
2,184.65
2031

Major Players

  • Nutiva Inc.
  • Canopy Growth Corporation
  • Connolis LLC
  • Maverik oils
  • NP Nutra
  • Hemp oil
  • Agropro
  • Canah International SRL
  • Z- Company
  • Ecofiber Limited
  • 13 Seeds Hemp Farm
  • Elixinol Global Limited
  • BOHECO

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Hemp Seed Oil Market

Fragmented - Highly competitive market without dominant players


The market for hemp seed oil is witnessing substantial growth, fueled by its recognized health benefits and nutritional value. With cannabidiol (CBD) known for its healing properties against conditions like anxiety and epilepsy, the awareness of hemp seed oil's health advantages is increasing. This surge in awareness is driving its incorporation into various products such as supplements, cooking oils, and sauces. Despite the challenges posed by the COVID-19 pandemic on other industries, the hemp seed oil market remained resilient, thanks to its perceived immune-boosting and infection-fighting properties.

Hemp seed oil stands out as a rich source of essential nutrients like vitamins B and C, omega-3 and omega-6 fatty acids, and amino acids, making it highly nutritious. Its consumption is on the rise due to its potential in mitigating various illnesses such as cardiovascular and Alzheimer's diseases, as well as addressing stress and skin-related issues. Responding to growing demand, manufacturers are diversifying their product offerings.

For instance, CBII provides a range of products including gummies, oils, capsules, and balms, each tailored to specific health concerns like stress, sleep, and pain relief. This expansion in product variety is driving its adoption across a spectrum of industries including beauty and personal care, cosmetics, food and beverages, health and pharmaceuticals, and textiles, among others.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Nature
    2. Market Snapshot, By Type
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Geography
  4. Hemp Seed Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health Benefits
        2. Immune-Boosting Properties
        3. Diverse Applications
        4. Increasing Consumer Awareness
      2. Restraints
        1. Regulatory Uncertainty
        2. Stigma and Misconceptions
        3. Limited Awareness
        4. Competition from Alternative Oils
      3. Opportunities
        1. Diverse Applications Across Industries
        2. Emerging Markets and Untapped Demographics
        3. Technological Advancements in Extraction and Processing
        4. Strategic Partnerships and Collaborations
    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 Seed Oil Market, By Nature, 2021 - 2031 (USD Million)
      1. Organic
      2. Conventional
    2. Hemp Seed Oil Market, By Type, 2021 - 2031 (USD Million)
      1. Cold-Pressed
      2. Refined
    3. Hemp Seed Oil Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. B2B
      2. B2C
        1. Hypermarkets & Supermarkets
        2. Convenience Stores
        3. Specialty Stores
        4. Online
        5. Others
    4. Hemp Seed Oil 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. Nutiva Inc.
      2. Hemp Oil Canada Inc.
      3. Elixinol Global Limited
      4. Canopy Growth Corporation
      5. Charlotte’s Web Holdings, Inc.
      6. Folium Biosciences LLC
      7. Kazmira LLC
      8. NOW Foods
      9. Bob’s Red Mill Natural Foods
      10. CW Hemp
      11. PharmaHemp d.o.o.
      12. Green Roads
      13. Medical Marijuana, Inc.
      14. HempFusion Wellness Inc.
      15. Isodiol International Inc.
  7. Analyst Views

  8. Future Outlook of the Market