Industry Background:
Hemp Juice is extracted from the leaves and upper part of hemp plant. Majority of providers are using specialized low-speed juicers to extract the juice. It is becoming next superfood in the awareness of becoming safe and healthy for people to consume in their diet. It has high in Calcium, Zinc, B12 Vitamin A Vitamin E, Magnesium, Phosphorus, Selenium and Iron. It effect on health nutrition which promotes optimal health and reduce risk of disease.
According to AMA Research, the market for Hemp Juice is expected to register a CAGR of 7.3% during the forecast period to 2030. This growth is primarily driven by As Increasing Stress and Speed of Modern Life.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | Million Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Beverages sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Sana Hemp Juice (North Western Europe), Cloud 9 Hemp (United States), Blue Moon Hemp Co. (United States), Portland juice co. (United States), Hemp CBD Ltd., HANOJU Deutschland GmbH (Germany), Palmetto Harmony ltd. (United States) and Namrata Hemp Company (NHempCo) (Asia Pacific), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In March 2023, Nvote LLC, a company focused on hemp-derived cannabinoid ingredients, secured funding to expand its operations, to promote the product.
In August 2023, Rebel Hemp announced the launch of its new line of cold-pressed hemp juice beverages, available in various flavors.The key manufacturers are targeting the innovations of the products with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market
Influencing Trend:
Primarily Used As a Healthy and Refreshing Beverage
Market Growth Drivers:
As Increasing Stress and Speed of Modern Life
Challenges:
The Hemp-Producers Biggest Fear Is the Possibility That Derivatives Are Going To Be Pharmaceutical Only and The Main Issue Is That There Is Many Regulation of CBD Products for All European Countries
Opportunities:
As The Demand of Hemp Juice and Hemp Juice Powder Is Growing For Pharmaceutical Grade Nutrients and Supplements, There Is Strong Opportunity for Hemp Suppliers
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Hemp Juice Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Hemp Juice Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Hemp Juice players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Hemp Juice Study Sheds Light on
The Hemp Juice Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Hemp Juice industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Hemp Juice industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.