The Latin America, Middle East and Africa Hemp Milk Market would witness market growth of 17.0% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 5,196.8 tonnes, showcasing a growth of 15.1% (2024-2031).
Unsweetened hemp milk is a type of plant-based milk derived from hemp seeds, offering a clean, natural taste without added sugars or sweeteners. It caters primarily to health-conscious consumers and individuals adhering to specific dietary regimens, such as low-sugar, keto, or diabetic-friendly diets. This variant of hemp milk preserves the raw flavor of hemp seeds while retaining its rich nutritional profile, which includes omega-3 and omega-6 fatty acids, plant-based proteins, and essential vitamins like B12 and D. Thus, the Saudi Arabia market is expected to utilize 370.1 tonnes unsweetened hemp milk by the year 2031.
The Brazil market dominated the LAMEA Hemp Milk Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $26.7 million by 2031. The Argentina market is showcasing a CAGR of 17.7% during (2024 - 2031). Additionally, The UAE market would exhibit a CAGR of 16.1% during (2024 - 2031).
Hemp milk is utilized in various contexts, catering to consumer needs and preferences. Many consumers enjoy hemp milk as a standalone beverage, either plain or flavored. Its creamy texture and nutty taste make it a refreshing drink. Hemp milk is increasingly popular as a dairy-free creamer in coffee and tea. It froths well, making it suitable for lattes and cappuccinos, and its flavor complements the taste of coffee and tea without overpowering it.
Additionally, the nutritional profile of hemp milk makes it an excellent base for smoothies and protein shakes. It blends well with fruits, vegetables, and other superfoods, enhancing the nutritional value of these beverages. Hemp milk is a versatile ingredient in cooking and baking. It can be used as a substitute for dairy milk in recipes for cakes, muffins, pancakes, soups, and sauces, providing a dairy-free option that retains the desired texture and flavor.
The rapid expansion of the food service industry in the UAE, particularly within the hotel, restaurant, and institutional sectors, is significantly impacting the hemp milk market. According to the United States Department of Agriculture, in 2021, the UAE was the second-largest food service industry in the Arab Gulf Cooperation Council (GCC) region, with the sector's total value amounting to $12.3 billion. This marked a substantial increase of nearly 17 percent compared to 2020. Such growth reflects a robust and dynamic market, creating a conducive environment for introducing and expanding innovative food and beverage products, including hemp milk.
Free Valuable Insights: The Worldwide Hemp Milk Market is Projected to reach USD 1.5 Billion by 2031, at a CAGR of 15.1%
Based on Source, the market is segmented into Organic and Conventional. Based on Type, the market is segmented into Sweetened and Unsweetened. Based on Distribution Channel, the market is segmented into Supermarket & Hypermarket, Convenience Stores, Online Retail, and Other Distribution Channels. Based on Packaging, the market is segmented into Cartons, Bottle, and Other Packaging. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Source (Volume, Tonnes, USD Billion, 2020-2031)
By Type (Volume, Tonnes, USD Billion, 2020-2031)
By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)
By Packaging (Volume, Tonnes, USD Billion, 2020-2031)
By Country (Volume, Tonnes, USD Billion, 2020-2031)
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![Europe Hemp Milk Market Size, Share, Forecast Report [2031]](https://www.kbvresearch.com/upload/cover/europe-hemp-milk-market.jpg "Europe Hemp Milk Market Size, Share, Forecast Report [2031]")
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