Hemp Seed Oil Market Size, Share, and Growth Analysis, By Product Type (Conventional, Organic), By Grade (Food grade, Pharmaceutical grade), By Extraction Process, By End Use, By Region - Industry Forecast 2026-2033

Global Hemp Seed Oil Market size was valued at USD 135.02 Million in 2024 and is poised to grow from USD 155.95 Million in 2025 to USD 493.9 Million by 2033, growing at a CAGR of 15.5% during the forecast period (2026-2033).

Global hemp seed oil is witnessing a surge in popularity, driven by its rich nutritional profile and numerous health benefits. Packed with essential fatty acids like omega-6 and omega-3, it supports healthy skin, hair, and nails, while antioxidants such as vitamin E offer protection against free radicals, potentially enhancing overall skin health. Unlike CBD oil, hemp seed oil is THC-free, making it legally accessible in various regions. Its versatility leads to widespread use in dietary supplements and personal care products. Manufacturers are innovating with diverse formulations to cater to consumer interests in health and wellness issues like stress and sleep. Furthermore, industry expansion is propelled by the legalization of hemp products in food supplies, contributing to increased production to meet rising demand.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Hemp Seed Oil market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Hemp Seed Oil Market Segments Analysis

Global Hemp Seed Oil Market is segmented by Product Type, Grade, Extraction Process, End Use and region. Based on Product Type, the market is segmented into Conventional and Organic. Based on Grade, the market is segmented into Food grade and Pharmaceutical grade. Based on Extraction Process, the market is segmented into Cold pressed hemp seed oil and Refined hemp seed oil. Based on End Use, the market is segmented into Food & beverages, Nutraceuticals, Cosmetics & personal care, Pharmaceuticals and Industrial products. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Hemp Seed Oil Market

A key factor propelling the global hemp seed oil market is the rising consumer demand for natural and organic products. As individuals become increasingly health-conscious and environmentally aware, there is a notable shift towards products derived from natural ingredients that boast a lower ecological footprint. Hemp seed oil stands out as a highly sought-after option due to its abundance of essential fatty acids and antioxidants, appealing to those in search of health and wellness solutions. This heightened preference for natural and organic offerings is anticipated to significantly fuel market expansion as consumers prioritize quality and sustainability in their purchases.

Restraints in the Global Hemp Seed Oil Market

A significant limitation facing the global hemp seed oil market is the widespread uncertainty and misunderstanding regarding the legal status of hemp-derived products. Despite hemp seed oil having negligible levels of THC, the psychoactive component in cannabis, potential consumers often remain hesitant to engage with these products due to ambiguities surrounding their legality. This hesitance can obstruct market expansion, as individuals are discouraged from purchasing hemp seed oil without clarity on its regulations. Additionally, the absence of consistent legal frameworks and standardization across various regions creates further obstacles for the development and acceptance of hemp seed oil in the marketplace.

Market Trends of the Global Hemp Seed Oil Market

A significant trend in the global hemp seed oil market is its expanding utilization in the personal care and cosmetics sector. With hemp seed oil's abundance of essential fatty acids and antioxidants, it is increasingly regarded as a premium ingredient in skincare and hair care formulations. The rising consumer preference for natural and organic beauty products, coupled with heightened awareness of the unique benefits of hemp seed oil, has led to a surge in its demand. This trend reflects a broader movement towards sustainable and eco-friendly beauty solutions, positioning hemp seed oil as a key component in innovations within the industry.