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    Hemp Seed Oil Market

    ID: MRFR/F-B & N/19944-HCR
    200 Pages
    Snehal Singh
    October 2025

    Hemp Seed Oil Market Research Report By Application (Cosmetics, Food Beverages, Nutraceuticals, Pharmaceuticals), By Extraction Method (Cold Pressing, Solvent Extraction, Supercritical CO2 Extraction), By Formulation Type (Organic, Conventional), By End Use (Individual Consumers, Commercial Enterprises) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa)- Forecast to 2035

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    Hemp Seed Oil Market Infographic
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    Hemp Seed Oil Market Summary

    As per MRFR analysis, the Hemp Seed Oil Market Size was estimated at 0.1369 USD Billion in 2024. The Hemp Seed Oil industry is projected to grow from 0.1574 in 2025 to 0.637 by 2035, exhibiting a compound annual growth rate (CAGR) of 15.0 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Hemp Seed Oil Market is experiencing robust growth driven by increasing consumer preference for natural and sustainable products.

    • The demand for natural products continues to rise, particularly in North America, which remains the largest market for hemp seed oil.
    • Diverse applications across industries, especially in cosmetics and nutraceuticals, are propelling market expansion.
    • Sustainability and eco-friendly practices are becoming integral to production processes, particularly in the Asia-Pacific region, the fastest-growing market.
    • Health benefits of hemp seed oil and the rising popularity of plant-based diets are key drivers influencing market dynamics.

    Market Size & Forecast

    2024 Market Size 0.1369 (USD Billion)
    2035 Market Size 0.637 (USD Billion)
    CAGR (2025 - 2035) 15.0%

    Major Players

    Nutiva (US), Manitoba Harvest (CA), Hemp Oil Canada (CA), Hemp Foods Australia (AU), Sustainable Hemp (US), Hemp Seed Oil Co. (US), Elixinol (AU), Hempura (GB), Green Mountain (US)

    Hemp Seed Oil Market Trends

    The Hemp Seed Oil Market is currently experiencing a notable evolution, driven by increasing consumer awareness regarding health benefits and the growing trend towards natural and organic products. This market appears to be expanding as more individuals seek alternatives to conventional oils, which may be attributed to the rising interest in plant-based diets and holistic wellness. Furthermore, the versatility of hemp seed oil in various applications, including culinary, cosmetic, and nutritional sectors, suggests a broadening appeal among diverse consumer demographics. As sustainability becomes a focal point for many, the eco-friendly nature of hemp cultivation may further enhance its attractiveness in the marketplace. In addition, regulatory changes and advancements in extraction technologies seem to play a pivotal role in shaping the Hemp Seed Oil Market. The potential for increased product innovation, alongside the emergence of new brands, indicates a dynamic competitive landscape. Companies are likely to explore unique formulations and marketing strategies to capture consumer interest. Overall, the Hemp Seed Oil Market appears poised for continued growth, reflecting broader trends in health consciousness and sustainability, while also adapting to evolving consumer preferences and regulatory frameworks.

    Rising Demand for Natural Products

    There is a growing inclination among consumers towards natural and organic products, which is likely to bolster the Hemp Seed Oil Market. This trend reflects a broader shift in consumer behavior, where individuals increasingly prioritize health and wellness, seeking alternatives to synthetic oils.

    Diverse Applications Across Industries

    Hemp seed oil's versatility in various sectors, including food, beauty, and wellness, indicates a potential for expansion. Its use in culinary applications, skincare products, and dietary supplements suggests that the market may attract a wide range of consumers.

    Sustainability and Eco-Friendly Practices

    The emphasis on sustainability in agriculture is becoming more pronounced, and hemp cultivation is often viewed as an environmentally friendly option. This perception may enhance the Hemp Seed Oil Market's appeal, as consumers increasingly favor products that align with their values regarding environmental responsibility.

    The growing consumer preference for natural and organic products appears to be driving an increased demand for hemp seed oil, which is recognized for its nutritional benefits and versatility in various applications.

    U.S. Department of Agriculture

    Hemp Seed Oil Market Drivers

    Cosmetic Industry Integration

    The Hemp Seed Oil Market is witnessing integration into the cosmetic sector, driven by the oil's moisturizing and anti-inflammatory properties. Many cosmetic brands are incorporating hemp seed oil into their formulations, recognizing its potential to enhance skin health and provide hydration. The Hemp Seed Oil is projected to reach significant valuations, and the inclusion of hemp seed oil is likely to contribute to this growth. As consumers gravitate towards natural and organic beauty products, the Hemp Seed Oil Market stands to gain traction, appealing to a demographic that prioritizes clean beauty and sustainable sourcing.

    Health Benefits of Hemp Seed Oil

    The Hemp Seed Oil Market is experiencing a surge in demand due to the increasing awareness of the health benefits associated with hemp seed oil. Rich in essential fatty acids, vitamins, and minerals, hemp seed oil is recognized for its potential to improve heart health, enhance skin conditions, and support overall wellness. Recent studies indicate that the oil may help reduce inflammation and promote cardiovascular health, which aligns with the growing consumer preference for natural health products. As consumers become more health-conscious, the Hemp Seed Oil Market is likely to see a significant uptick in sales, particularly among those seeking alternative remedies and dietary supplements.

    Regulatory Support and Legalization

    The Hemp Seed Oil Market is positively influenced by increasing regulatory support and the legalization of hemp cultivation in various regions. As governments recognize the economic potential of hemp, they are implementing policies that facilitate its growth and distribution. This regulatory environment not only encourages farmers to cultivate hemp but also fosters innovation within the Hemp Seed Oil Market. With more players entering the market, competition is expected to intensify, potentially leading to advancements in production techniques and product offerings, thereby expanding the market further.

    Rising Popularity of Plant-Based Diets

    The Hemp Seed Oil Market is benefiting from the rising popularity of plant-based diets. As more individuals adopt vegetarian and vegan lifestyles, the demand for plant-derived oils, including hemp seed oil, is on the rise. This oil serves as a valuable source of protein and essential fatty acids, making it an attractive option for those seeking to enhance their nutritional intake without animal products. Market data suggests that the plant-based food sector is projected to grow substantially, which could further bolster the Hemp Seed Oil Market as consumers increasingly seek versatile ingredients that align with their dietary choices.

    Sustainability Trends in Food Production

    The Hemp Seed Oil Market is aligned with the growing sustainability trends in food production. As consumers become more environmentally conscious, they are seeking products that are sustainably sourced and produced. Hemp cultivation is known for its low environmental impact, requiring fewer resources compared to traditional crops. This aspect resonates with consumers who prioritize eco-friendly products. Industry expert's indicate that the demand for sustainable food options is on the rise, which could enhance the visibility and acceptance of hemp seed oil as a responsible choice in the food industry, thereby driving growth in the Hemp Seed Oil Market.

    Market Segment Insights

    By Application: Cosmetics (Largest) vs. Nutraceuticals (Fastest-Growing)

    The Hemp Seed Oil Market has diverse application segments, with Cosmetics leading the way in market share, significantly driven by increasing consumer demand for natural and organic beauty products. The Food segment follows, where hemp seed oil is gaining traction due to its health benefits and nutritional value. Beverages, Nutraceuticals, and Pharmaceuticals also play important roles but capture relatively smaller shares of the market, with varied growth rates and consumer interests influencing their performance.

    Cosmetics (Dominant) vs. Nutraceuticals (Emerging)

    Cosmetics continue to dominate the hemp seed oil market, characterized by a rich profile of essential fatty acids and antioxidants that appeal to consumers looking for healthy skincare options. Brands are increasingly incorporating hemp seed oil into their products, highlighting its anti-inflammatory and moisturizing properties. Meanwhile, Nutraceuticals represent an emerging segment, witnessing rapid growth due to rising health awareness and the increasing trend towards dietary supplements. The focus on natural ingredients is enhancing the appeal of hemp seed oil in this category, making it a popular choice for consumers seeking beneficial health solutions.

    By Extraction Method: Cold Pressing (Largest) vs. Supercritical CO2 Extraction (Fastest-Growing)

    In the Hemp Seed Oil Market, the extraction method segment is primarily dominated by cold pressing due to its wide acceptance and favorable consumer perception of maintaining oil purity. This method, known for preserving the oil's natural nutrients and flavor, commands a significant share compared to other extraction techniques. In contrast, solvent extraction holds a smaller portion, often linked to cost-efficiency, providing a competitive alternative in specific markets. The growth trends in this segment reveal an increasing shift toward supercritical CO2 extraction, recognized for its efficiency and environmentally friendly characteristics. As consumers become more health-conscious and demand premium quality products, the preference for supercritical CO2 extraction is on the rise. This method's rapid growth is driven by technological advancements and its ability to extract higher quality oils, making it a favorable choice among manufacturers.

    Extraction Method: Cold Pressing (Dominant) vs. Solvent Extraction (Emerging)

    Cold pressing stands as the dominant extraction method in the Hemp Seed Oil Market, renowned for its ability to produce high-quality oil while retaining the natural flavors and nutritional integrity of the hemp seeds. This traditional technique continues to resonate with consumers who prioritize natural and organic products. In contrast, solvent extraction presents itself as an emerging method, appealing to producers who seek efficiency and cost-effectiveness in oil extraction. While it may not offer the same perceived health benefits as cold pressing, improvements in technology are transforming solvent extraction processes, leading to better quality oils with less residual solvents. These advancements are driving its increased adoption among producers aiming to balance quality and economic viability.

    By Formulation Type: Organic (Largest) vs. Conventional (Fastest-Growing)

    In the Hemp Seed Oil Market, the formulation type segment is notably divided between organic and conventional hemp seed oils. Organic hemp seed oil dominates the market, appealing to health-conscious consumers and aligning with the increasing trend toward natural and sustainably sourced products. Consumers and manufacturers alike are gravitating towards organic options, which account for a significant share of overall sales, driven by rising awareness about the health benefits of organic products and eco-friendly practices. Contrarily, conventional hemp seed oil is witnessing rapid acceptance and growth, particularly in cost-sensitive markets where affordability and availability play critical roles.

    Formulation Type: Organic (Dominant) vs. Conventional (Emerging)

    The organic formulation of hemp seed oil is positioned as the dominant choice among consumers, associated with superior quality, health benefits, and sustainability. As more consumers prioritize organic certifications and traceability, the demand for organic hemp seed oil has skyrocketed, making it a preferred option in the retail and culinary sectors. On the other hand, conventional hemp seed oil, while currently considered the emerging segment, is gaining traction due to its lower production costs, making it an attractive alternative for manufacturers and consumers focused on price. This segment is particularly popular in commercial applications and geared toward mass-market consumption, highlighting a distinct yet dynamic market landscape.

    By End Use: Individual Consumers (Largest) vs. Commercial Enterprises (Fastest-Growing)

    The Hemp Seed Oil Market is predominantly led by individual consumers, capturing a significant share of the market due to the growing awareness of the health and nutritional benefits associated with hemp seed oil. This segment appeals particularly to health-conscious consumers looking for natural dietary supplements, skin care products, and cooking oils. In contrast, the commercial enterprises segment, while smaller in terms of market share, is witnessing a remarkable growth trajectory as more businesses recognize the versatility of hemp seed oil in food products, cosmetics, and industrial applications.

    Individual Consumers: Dominant vs. Commercial Enterprises: Emerging

    The Individual Consumers segment stands as the dominant force in the Hemp Seed Oil Market, primarily driven by the increasing trend toward holistic health and natural ingredients. This segment includes a diverse range of consumers, from fitness enthusiasts to casual shoppers seeking nutritious alternatives. Conversely, the Commercial Enterprises segment is emerging as a significant player, fueled by a rising demand for hemp seed oil in various industries such as food processing, cosmetic manufacturing, and even pharmaceuticals. These enterprises are harnessing the unique properties of hemp seed oil to create innovative products, thus contributing to rapid growth in this segment.

    Get more detailed insights about Hemp Seed Oil Market

    Regional Insights

    North America : Market Leader in Hemp Oil

    North America is the largest market for hemp seed oil, accounting for approximately 45% of the global market share. The region's growth is driven by increasing consumer awareness of health benefits, rising demand for organic products, and favorable regulatory frameworks. The U.S. and Canada are the primary contributors, with a growing trend towards sustainable and natural food products fueling demand. In North America, the competitive landscape is characterized by key players such as Nutiva, Manitoba Harvest, and Hemp Oil Canada. These companies are leveraging innovative marketing strategies and product diversification to capture market share. The presence of established distribution channels and a robust retail environment further enhances market accessibility, making it a vibrant hub for hemp seed oil products.

    Europe : Emerging Market with Regulations

    Europe is witnessing significant growth in the hemp seed oil market, holding approximately 30% of the global share. The rise in demand is attributed to increasing health consciousness among consumers and the legalization of hemp cultivation in several countries. Regulatory support, particularly from the European Union, is fostering a favorable environment for market expansion, with countries like Germany and the Netherlands leading the charge. Germany and the Netherlands are at the forefront of this market, with a competitive landscape featuring companies like Hempura and Elixinol. The region is characterized by a mix of established brands and emerging startups, all vying for market share. The presence of stringent quality standards and certifications is also shaping the competitive dynamics, ensuring that only high-quality products reach consumers.

    Asia-Pacific : Rapidly Growing Market Potential

    Asia-Pacific is rapidly emerging as a significant player in the hemp seed oil market, currently holding about 20% of the global market share. The growth is driven by increasing health awareness, rising disposable incomes, and a shift towards natural and organic products. Countries like Australia and New Zealand are leading the market, supported by favorable regulations and growing consumer interest in wellness products. Australia is home to key players such as Hemp Foods Australia and Elixinol, which are capitalizing on the growing demand for hemp seed oil. The competitive landscape is evolving, with both local and international brands entering the market. The region's unique blend of traditional and modern health practices is also influencing consumer preferences, creating a dynamic market environment.

    Middle East and Africa : Emerging Market with Challenges

    The Middle East and Africa region is in the nascent stages of developing its hemp seed oil market, currently holding about 5% of the global share. The growth potential is significant, driven by increasing awareness of health benefits and a gradual shift in regulatory frameworks. However, challenges such as limited cultivation and distribution networks hinder rapid expansion. Countries like South Africa are beginning to explore the market, showing promise for future growth. In this region, the competitive landscape is still developing, with few established players. Local companies are beginning to emerge, focusing on organic and natural products. The presence of international brands is also increasing, as they seek to tap into the growing consumer interest in health and wellness products, paving the way for a more competitive market.

    Key Players and Competitive Insights

    The Hemp Seed Oil Market is currently characterized by a dynamic competitive landscape, driven by increasing consumer awareness regarding health benefits and the rising demand for plant-based products. Key players such as Nutiva (US), Manitoba Harvest (CA), and Hempura (GB) are strategically positioning themselves through innovation and regional expansion. Nutiva (US) focuses on organic and non-GMO products, appealing to health-conscious consumers, while Manitoba Harvest (CA) emphasizes sustainability in its sourcing and production processes. Hempura (GB) leverages its strong online presence to cater to a growing e-commerce market, indicating a shift towards digital transformation in the sector. Collectively, these strategies contribute to a moderately fragmented market, where differentiation is increasingly based on product quality and brand reputation.

    In terms of business tactics, companies are localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The competitive structure of the Hemp Seed Oil Market appears to be moderately fragmented, with several players vying for market share. This fragmentation allows for niche players to thrive, while larger companies leverage economies of scale. The collective influence of these key players shapes market dynamics, as they compete not only on price but also on product innovation and sustainability practices.

    In August 2025, Nutiva (US) announced a partnership with a leading organic certification body to enhance its product transparency and traceability. This strategic move is likely to bolster consumer trust and align with the growing demand for ethically sourced products. By prioritizing transparency, Nutiva positions itself as a leader in the organic segment of the market, potentially attracting a broader customer base.

    In September 2025, Manitoba Harvest (CA) launched a new line of hemp seed oil-infused snacks, targeting the health-conscious consumer segment. This product diversification reflects the company's commitment to innovation and meeting evolving consumer preferences. By expanding its product portfolio, Manitoba Harvest aims to capture additional market share and strengthen its brand presence in the competitive landscape.

    In July 2025, Hempura (GB) implemented a new digital marketing strategy that focuses on social media engagement and influencer partnerships. This initiative is indicative of the company's recognition of the importance of digital channels in reaching younger consumers. By enhancing its online visibility, Hempura seeks to drive sales and build a loyal customer base, which is crucial in a market where e-commerce is becoming increasingly dominant.

    As of October 2025, current competitive trends in the Hemp Seed Oil Market include a strong emphasis on digitalization, sustainability, and the integration of advanced technologies. Strategic alliances are playing a pivotal role in shaping the landscape, as companies collaborate to enhance product offerings and expand market reach. Looking ahead, competitive differentiation is likely to evolve, with a shift from price-based competition to a focus on innovation, technology, and supply chain reliability. Companies that can effectively leverage these trends will likely secure a competitive advantage in the increasingly crowded market.

    Key Companies in the Hemp Seed Oil Market market include

    Industry Developments

    The Hemp Seed Oil Market has seen significant developments recently, with increasing awareness regarding health benefits driving demand. Companies such as Dr. Bronner's, Garden of Life, and CV Sciences are expanding their product lines to include more hemp seed oil options. 

    Notably, in July 2023, Elixinol announced a partnership with Living Harvest to enhance its sustainability efforts, focusing on organic hemp seed cultivation, which reflects the market's shift towards eco-friendly practices. The growth in this sector is evidenced by the valuation increase of companies, with Green Roads reporting a 30% rise in revenue in Q1 2023. Additionally, major happenings include Hemp Foods Australia's expansion into European markets in March 2022, responding to the increasing demand for hemp-based products.

    Regarding mergers, notable acquisitions have yet to be reported within this specific sector for the targeted companies, with a focus on strategic partnerships instead. 

    Overall, the Hemp Seed Oil Market is positioned for growth, driven by consumer trends favoring natural and health-centric products. As more companies adapt to the evolving demands, the competitive landscape continues to change, influencing market dynamics at multiple levels.

    Future Outlook

    Hemp Seed Oil Market Future Outlook

    The Hemp Seed Oil Market is projected to grow at a 15.0% CAGR from 2024 to 2035, driven by increasing health awareness, demand for natural products, and expanding applications in cosmetics and food industries.

    New opportunities lie in:

    • Development of premium organic hemp seed oil product lines
    • Expansion into emerging markets with tailored marketing strategies
    • Investment in sustainable production technologies to enhance supply chain efficiency

    By 2035, the Hemp Seed Oil Market is expected to achieve substantial growth and diversification.

    Market Segmentation

    Hemp Seed Oil Market End Use Outlook

    • Individual Consumers
    • Commercial Enterprises

    Hemp Seed Oil Market Application Outlook

    • Cosmetics
    • Food
    • Beverages
    • Nutraceuticals
    • Pharmaceuticals

    Hemp Seed Oil Market Formulation Type Outlook

    • Organic
    • Conventional

    Hemp Seed Oil Market Extraction Method Outlook

    • Cold Pressing
    • Solvent Extraction
    • Supercritical CO2 Extraction

    Report Scope

    MARKET SIZE 20240.1369(USD Billion)
    MARKET SIZE 20250.1574(USD Billion)
    MARKET SIZE 20350.637(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)15.0% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesGrowing consumer demand for natural health products drives innovation in the Hemp Seed Oil Market.
    Key Market DynamicsRising consumer demand for natural products drives innovation and competition in the Hemp Seed Oil Market.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

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    FAQs

    What is the current valuation of the Hemp Seed Oil Market?

    As of 2024, the Hemp Seed Oil Market was valued at approximately 0.1369 USD Billion.

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