Hempseed Market 2025: Strong Global Growth, Regulatory Progress, and Premium Opportunities

The global hempseed market is enjoying one of its strongest growth phases entering 2025, underpinned by soaring consumer demand for plant-based proteins, certified organic ingredients, and sustainably sourced foods. Industry data shows the market was valued at USD 1.1 billion in 2024 and is forecast to surge to USD 2.8 billion by 2034, a remarkable CAGR exceeding 10%. This rapid expansion is visible in trade flows, with robust U.S. imports—primarily from China—and the emergence of new supply frontiers in Latin America.

Meanwhile, European consumption continues to climb, especially in hemp-based foods, where sales reached USD 487 million in 2024. Market momentum is driven by greater health consciousness, increased regulatory clarity, and the rise of value-added processing, allowing exporters to pursue premium markets with certified, traceable products. Exporters must still navigate persistent headwinds, chiefly regulatory discrepancies, price volatility, and the pressure for supply chain integrity. However, the outlook remains robust, with sustainably produced, organic hempseed products forecast to command significant price premiums, particularly in frontier markets with limited domestic output.

📈 Prices: Key Market Spot Quotes

Product	Type	Origin	Organic	Location (NL)	Incoterm	Price (EUR/kg)	Prev. Price (EUR/kg)	Last Update	Market Sentiment
Hempseed	Hulled	France	No	Dordrecht	FCA	5.30	5.30	2025-09-12	Stable
Hempseed	Hulled	China	Yes	Dordrecht	FCA	6.36	6.35	2025-09-12	Firm/Premium

🌍 Supply & Demand

• Exports surging across North America, Asia, and Europe to meet multi-regional demand
• U.S. imported 551,000 kg hempseed in 2024, with China as the dominant supplier (409,000 kg)
• Latin America rising: Uruguay’s recent inaugural hempseed shipment to Argentina marks a regional growth push
• Europe leads in consumer demand (USD 487m in hemp-based foods, 2024), with strong premium segment growth anticipated

📊 Fundamentals

• Market Size: USD 1.1bn (2024), projected USD 2.8bn (2034)
• Drivers:
  • Health/vegan trend fuels high-protein food demand
  • Global regulatory clarity unlocking trade/order potential
  • Expansion of products: Oil, protein, & “hemp hearts” offer value-added margins
• Challenges:
  • THC-limit regulations remain inconsistent across borders
  • Certification, traceability, and organic status vital for top-tier buyers
  • Volatile prices in fringe regions and new markets

☁️ Weather Outlook & Impact

• Europe (France, Germany): Recent mild summer, ample rain supports strong yields—no major disruptions reported
• China (Heilongjiang, Yunnan): Stable weather, good growing conditions, supporting quality and volumes
• North America: Mostly favorable, minor drought risk in central prairies but not significant for global supply

Weather impact: Crop yields and quality are expected above 5-year average in all major production zones for 2025.

🌐 Production & Stocks: Leading Exporters and Importers

Country	Production (2024, Est.)	Exports (2024, Est.)	Key Markets
China	~350,000 MT	Top exporter to USA, EU	USA, NL, DE, FR
France	~116,000 MT	Strong within EU	BE, DE, NL
USA	Modest (~30,000 MT)	Net importer	Canada, China
Uruguay	Growing rapidly	Emerging	LATAM

📆 Trading Outlook & Recommendations

• Maintain positions in organic-certified hempseed, especially from China: tight supply and premium demand support firm prices
• Monitor regional regulatory changes (esp. EU/US) for new export opportunities & compliance
• Consider value-added processing to enhance margin (oil, protein, hemp hearts) as raw seed price volatility continues
• Option for warehouse contracts for traceable, premium-certified product—major buyers willing to pay more for security and certification

🔮 3-Day Regional Price Forecast

Location	Origin	Organic	Current Price (EUR/kg)	Change (3d)	Forecast Sentiment
Dordrecht (NL)	France	No	5.30	0.00	Stable
Dordrecht (NL)	China	Yes	6.36	+0.01	Firm/Premium