Global Cannabis Sativa Seed Oil Market Research Report 2024-2030(Status and Outlook)
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The
global Cannabis Sativa Seed Oil Market is experiencing
significant growth, driven by increasing consumer demand for natural and
plant-based ingredients in cosmetic and food applications. Valued at US$
183.4 million in 2023, the market is projected to expand at a CAGR
of 8.5% from 2024 to 2030, reaching approximately US$ 322.6
million by the end of the forecast period.
Cannabis
Sativa Seed Oil is extracted from hemp seeds via cold pressing,
retaining its rich profile of essential fatty acids, antioxidants, and
vitamins. Unlike CBD oil, it contains negligible amounts of THC, making it
non-psychoactive and widely accepted in consumer products. Its application
spans skincare, dietary supplements, and functional foods, aligning with the
global shift toward clean-label and sustainable ingredients.
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Market Overview & Regional Analysis
North America leads the global market, accounting for
over 42% of revenue in 2023, driven by robust demand in
cosmetics and nutraceuticals. The U.S. dominates, supported by favorable
regulations under the 2018 Farm Bill, which legalized industrial hemp
cultivation. Europe follows closely, with Germany and France emerging as key
consumers due to stringent organic certification standards and a thriving
natural cosmetics industry.
Asia-Pacific shows the fastest growth, with China and India
investing in hemp farming for oil production. Latin America and Africa remain
nascent markets but present untapped potential, particularly for
export-oriented suppliers targeting North American and European manufacturers.
Key Market Drivers and Opportunities
The market is propelled by several factors, including:
- Skincare
Boom: Cannabis Sativa Seed Oil’s anti-inflammatory and
moisturizing properties make it a sought-after ingredient in serums,
creams, and cleansers. The global organic skincare market’s expansion
further bolsters demand.
- Nutritional
Benefits: High concentrations of omega-3 and omega-6 fatty acids
drive its use in functional foods and supplements, particularly in
plant-based diets.
- Sustainability: Hemp
cultivation requires minimal pesticides and water, appealing to
eco-conscious brands and consumers.
Emerging opportunities include product innovation, such as
infused beverages and pet care products, alongside the rise of certified
organic and fair-trade supply chains.
Challenges & Restraints
Despite strong growth prospects, the market faces hurdles:
- Regulatory
Complexity: Varying international laws on hemp-derived products
create compliance challenges for exporters.
- Consumer
Misconceptions: Confusion between hemp seed oil and CBD oil may
limit adoption among cautious buyers.
- Supply
Chain Bottlenecks: Limited processing infrastructure in emerging
markets affects consistency and scalability.
Market Segmentation by Type
- Refined
Oil
- Virgin
Oil
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Market Segmentation by Application
- Cosmetic
- Food
- Nutraceutical
Use
Market Segmentation and Key Players
- Northstar
Lipids
- AE
Chemie
- Aldivia
- Caribbean
Natural
- Shenyang
Phytocare Ingredients
- BioOrganic
Concepts
- Stearinerie
Dubois
- Green
Source Organics
- Biocosmethic
- A&A
Fratelli Parodi
- Paradigm
Science
- All
Organic Treasures
- Esperis
- OLVEA
Vegetable Oils
- Perles
de Gascogne
Report Scope
This report provides a comprehensive analysis of the global
Cannabis Sativa Seed Oil market, covering historical data (2019–2023) and
forecasts (2024–2030). It includes:
- Market
size, growth trends, and revenue projections by region and segment
- Detailed
competitive landscape with player strategies, production capacities, and
market shares
- SWOT
and Porter’s Five Forces analyses
- Regulatory
frameworks and their impact on market dynamics
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About 24chemicalresearch
Founded in 2015, 24chemicalresearch has rapidly established
itself as a leader in chemical market intelligence, serving clients including
over 30 Fortune 500 companies. We provide data-driven insights through rigorous
research methodologies, addressing key industry factors such as government
policy, emerging technologies, and competitive landscapes.
- Plant-level
capacity tracking
- Real-time
price monitoring
- Techno-economic
feasibility studies
With a dedicated team of researchers possessing over a
decade of experience, we focus on delivering actionable, timely, and
high-quality reports to help clients achieve their strategic goals. Our mission
is to be the most trusted resource for market insights in the chemical and
materials industries.
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