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Hemp Protein Market May Be Worth $310.6 Million By 2034

Proper protein intake by humans is very important for boosting and maintaining overall health. This is true for all humans, not just those who are into weightlifting and trying to increase their muscle mass.

Benefits of proper protein intake include, but are not limited to:

  • Bone health
  • Immune function
  • Hormone production
  • Enzyme function
  • Cellular function
  • Increasing energy
  • Muscle growth and repair

When it comes to sources of protein, not all sources are created equal. Many factors need to be considered, from calorie content to sustainability. A great source of protein is the hemp plant, which may not be the first source that people think of. However, hemp protein contains a complete amino acid profile, with hemp having all nine essential amino acids.

Additionally, hemp protein is great for digestive health, is rich in nutrients such as magnesium, iron, zinc, and phosphorus, and provides antioxidant benefits. Hemp is an eco-friendly crop that is produced in a sustainable way, which is not true for most popular protein sources.

According to a recent market analysis conducted by Market.us, “The global hemp protein market size is expected to be worth around USD 310.6 million by 2034, from USD 178.4 million in 2024, growing at a CAGR of 5.7% during the forecast period from 2025 to 2034.”

global hemp protein market projection 2024 to 2034

“A single, practical growth path for hemp protein is to supply it to government-funded meal programs—school lunches, hospital and community kitchens—where the volumes are huge and the policy tailwinds favor plant protein. In the United States alone, the National School Lunch Program served about 4.86 billion lunches in fiscal year 2024. Even modest fortification (say, a few grams per serving) translates into very large annual tonnage for a reliable, multi-year buyer base.” the economic analysts stated.

“In the European Union, the Farm-to-Fork strategy explicitly pushes a shift toward EU-grown plant proteins, which supports public buyers and caterers that want to reduce reliance on imported soy and diversify protein sources—again aligning with hemp. In India, the Food Safety and Standards Authority of India (FSSAI) issued standards covering hemp seeds and seed products in its 2021 amendment—helpful for state tenders and large kitchens under schemes like PM-POSHAN.” the analysts also wrote.