PUBLISHER: TechSci Research | PRODUCT CODE: 1902239
PUBLISHER: TechSci Research | PRODUCT CODE: 1902239
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The Global Hemp Seed Oil Market will grow from USD 94.91 Million in 2025 to USD 141.08 Million by 2031 at a 6.83% CAGR. Hemp seed oil is a nutrient rich oil extracted through the cold pressing of hemp seeds and is characterized by its high content of essential fatty acids. The market growth is fundamentally supported by the escalating consumer shift toward plant based nutrition and the extensive application of natural ingredients in the personal care industry.
| Market Overview | |
|---|---|
| Forecast Period | 2027-2031 |
| Market Size 2025 | USD 94.91 Million |
| Market Size 2031 | USD 141.08 Million |
| CAGR 2026-2031 | 6.83% |
| Fastest Growing Segment | Online |
| Largest Market | North America |
Key Market Drivers
The rising popularity of plant-based and vegan dietary lifestyles is a primary catalyst driving the global hemp seed oil market. Consumers are increasingly prioritizing plant-derived sources of essential fatty acids, specifically Omega-3 and Omega-6, which accelerates the adoption of hemp seed oil in functional foods and nutraceuticals. This shift is characterized by a growing awareness of the oil's complete protein profile and nutritional benefits, distinguishing it from conventional vegetable oils in the health-conscious sector.
Key Market Challenges
The lack of harmonized international regulatory standards serves as a primary impediment to the expansion of the Global Hemp Seed Oil Market. While demand for plant-based ingredients is rising, inconsistent policies regarding tetrahydrocannabinol (THC) thresholds and varying classifications of hemp derivatives across jurisdictions create complex trade barriers. A product compliant in one nation may face rejection or stringent re-testing in another due to disparate "novel food" designations or conflicting labeling laws. This regulatory fragmentation forces exporters to navigate a labyrinth of compliance protocols, significantly increasing operational costs and delaying market entry.
Key Market Trends
There is a rapid surge in the development of hemp seed oil supplements specifically tailored for the veterinary sector, focusing on products that target anxiety, joint health, and coat condition in dogs and cats. This trend represents a movement beyond generic pet food ingredients toward precise, function-driven formulations that mirror human wellness standards. Manufacturers are increasingly partnering with veterinary professionals to validate these benefits, thereby building consumer trust in hemp's efficacy for companion animals.
In this report, the Global Hemp Seed Oil Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Hemp Seed Oil Market.
Global Hemp Seed Oil Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: