Hemp Seed Oil Market Size 2025 Global Industry Share, Top Players, Opportunities And Forecast To 2035

 

The global Hemp Seed Oil Market is poised for a significant transformation between 2025 and 2035, fueled by growing consumer preference for natural, plant-based alternatives across food, pharmaceutical, and personal care applications. The market, valued at USD 147.8 million in 2025, is expected to climb to USD 855.7 million by 2035, showcasing a robust compound annual growth rate (CAGR) of 19.2% during the forecast period.

This surge in demand is rooted in hemp seed oil’s reputation as a potent source of essential fatty acids, antioxidants, and vitamins like vitamin E—factors contributing to its popularity as a supplement and skincare ingredient. Unlike CBD oil, hemp seed oil contains negligible THC, making it a legal and widely accepted ingredient in many countries. With product innovation accelerating, manufacturers like CBII are offering a range of hemp-based items—gummies, oils, capsules, balms—to target health concerns such as stress, sleep disorders, and chronic pain. These innovations are expanding hemp seed oil’s footprint in the beauty, food, textile, and wellness industries. The legalization of hemp in food products under policies such as the U.S. Farm Bill and a 62.4% rise in hemp production further reinforce the market’s upward trajectory.

Strategic mergers and acquisitions are shaping the competitive landscape of the hemp seed oil industry. Leading companies are acquiring niche brands to diversify product portfolios and strengthen distribution networks. For instance, Gaia Herbs’ acquisition of hemp oil wellness startups in North America has helped the company enter the skincare and nutraceutical space with organic credibility. Additionally, companies are collaborating with research institutions to enhance extraction technologies and product formulations, ensuring consistency and efficacy across product lines.

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Key Takeaways

  • The global hemp seed oil market is expected to reach USD 855.7 million by 2035.
  • CAGR of 19.2% projected during 2025–2035.
  • Surge in applications across cosmetics, nutraceuticals, and pharmaceuticals.
  • Legalization and improved public perception of hemp products continue to drive adoption.
  • Increased investment in R&D and advanced processing technologies is expected to unlock new use cases.

Emerging Trends in Global Market
The hemp seed oil market is undergoing notable shifts with the rise of clean-label, vegan, and cruelty-free trends. Cold-pressed hemp oils are gaining traction as they retain more nutrients and flavor, aligning with consumer desires for unprocessed health products. Additionally, hemp-infused pet supplements and therapeutic skincare ranges are emerging as niche but rapidly growing segments. There is also a trend toward integrating hemp oil into everyday wellness routines through fortified foods, serums, and functional beverages.

Significant Developments in Global Sector
Recent years have witnessed a rapid increase in hemp cultivation and oil extraction facilities, especially in countries like the U.S., China, and France. Technological innovations such as CO₂ extraction and nanoemulsion formulations have elevated product purity and absorption, making hemp seed oil more effective. Meanwhile, the establishment of quality certifications like USDA Organic and Non-GMO Project Verified has increased consumer trust and market reach. Furthermore, global e-commerce platforms are expanding access to hemp seed oil products, breaking regional barriers

Trends and Opportunities in the Market
The expanding awareness of the health benefits of omega fatty acids presents a lucrative opportunity for dietary supplement manufacturers. Moreover, increasing demand for sustainable raw materials has positioned hemp seed oil as an eco-friendly alternative to synthetic ingredients in cosmetics and pharmaceuticals. Government support and clearer legal frameworks are also encouraging agricultural communities to cultivate industrial hemp, which in turn strengthens supply chains and lowers production costs.
“The hemp seed oil market is not just experiencing growth—it’s undergoing a shift in perception. What was once seen as niche is now becoming mainstream, driven by consumer wellness priorities and regulatory support. The challenge for brands will be to maintain product integrity and transparency while innovating to stay ahead of consumer expectations,” said a lead analyst involved in the study.

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Recent Developments in the Market

  • In 2024, Nutiva launched a new line of cold-pressed hemp seed oil blends infused with turmeric and ginger, targeting inflammation support.
  • Charlotte’s Web entered the skincare segment with hemp oil-based moisturizers and serums, aimed at sensitive skin users.
  • India’s Ministry of AYUSH officially recognized hemp seed oil under Ayurvedic treatments, opening avenues for traditional and herbal product integration.

Competition Outlook
Key players in the hemp seed oil market include Nutiva, Manitoba Harvest, Hemp Oil Canada, Charlotte’s Web, and The Body Shop. These companies are heavily investing in R&D, branding, and international expansion. Competition is intensifying as new entrants adopt sustainable farming and innovative extraction practices to carve a niche. Product differentiation, such as flavored oils, organic certification, and multifunctional use, remains a top strategy for maintaining market share.

Key players in the hemp seed oil market include:

  • Nutiva Inc.
  • Canopy Growth Corporation
  • Connolis LLC
  • Maverik Oils
  • NP Nutra
  • Other Companies (combined)

Region-wise Insights

North America
With strong legalization policies and consumer awareness, North America stands as a premium market. The U.S. and Canada have developed advanced hemp farming infrastructures, supported by progressive regulations like the Farm Bill. This environment supports innovation in wellness, nutrition, and skincare products using hemp oil.

Europe
Europe, led by Germany, France, and the Netherlands, is seeing steady growth thanks to regulatory backing from EFSA and a cultural leaning toward plant-based products. While regulatory constraints around THC content exist, they also push companies toward quality improvements and compliance.

Asia-Pacific
The Asia-Pacific region is showing the fastest growth, driven by rising interest in natural remedies and personal wellness. China remains a production hub, while countries like India, Japan, and South Korea are driving demand in cosmetics and health supplements. Regional manufacturers are actively exploring global markets with innovative and cost-effective hemp oil solutions.

Key Segmentation

By Product Type:

  • Conventional
  • Organic

By Grade:

  • Food grade
  • Pharmaceutical grade

By Extraction Process:

  • Cold pressed hemp seed oil
  • Refined hemp seed oil

By End User:

  • Food & beverages
  • Nutraceuticals
  • Cosmetics & personal care
  • Pharmaceuticals
  • Industrial products

By Price Range:

  • Mass
  • Premium

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

 

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