Hemp Seed Oil Market Size - Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2025 - 2034
Report ID: GMI5469
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Authors:
Kiran Pulidindi,
Hemp Seed Oil Market Size
The global hemp seed oil market generated notable revenue in 2024 and is expected to grow at a noticeable CAGR between 2025 and 2034, driven by growing demand for organic and plant-based products, particularly in the food, cosmetics, and pharmaceutical sectors. In March 2025, South Korean derma beauty brand COSCELL unveiled a new product containing plant-based polydeoxyribonucleotide (PDRN), responding to the growing interest and popularity of the ingredient.
Hemp seed oil, derived from the seeds of the hemp plant, is recognized for its numerous health benefits, including its rich content of essential fatty acids, vitamins, and antioxidants. It has gained substantial attention in recent years due to its applications across various industries, particularly in cosmetics, food, and wellness. With the increasing awareness about natural and organic products, the demand for hemp seed oil is expected to surge, as consumers seek healthier, sustainable alternatives to conventional oils and skincare products.
The rise in vegan and eco-conscious trends has further spurred the market’s growth, positioning hemp seed oil as a versatile and eco-friendly ingredient in personal care and dietary products. Hemp seed oil is valued for its nutritional profile, offering a rich source of omega-3 and omega-6 fatty acids, which are essential for maintaining overall health.
Furthermore, hemp seed oil is gaining popularity in skincare and haircare products due to its moisturizing, anti-inflammatory, and antioxidant properties, which help address various skin conditions, including acne and dryness. However, regulatory uncertainties surrounding the legal status of hemp and hemp-derived products, particularly in countries where cannabis-related laws are still evolving, could restrict market growth.
Hemp Seed Oil Market Trends
The hemp seed oil market is experiencing several notable trends shaping its growth and development. One of the key trends is the increasing popularity of CBD-infused hemp seed oil products. As the benefits of cannabidiol (CBD) gain more recognition for its therapeutic properties, companies are combining CBD with hemp seed oil to create wellness products that target pain relief, anxiety reduction, and improved sleep.
In the food & beverage industry, hemp seed oil is being incorporated into a variety of products, from snacks and smoothies to protein bars and plant-based alternatives. Its nutritional profile, including a perfect balance of omega-3 and omega-6 fatty acids, makes it an appealing ingredient for those seeking healthy fat alternatives.
The market is also seeing an increase in the use of hemp seed oil in pet care products. Hemp oil is gaining recognition for its ability to promote healthy skin and coat in pets, while also supporting overall wellness. As pet owners become more conscious of the ingredients in pet products, hemp seed oil is becoming a popular choice for natural pet care solutions.
Another trend is the growing focus on sustainability. Hemp is a renewable resource that requires fewer pesticides and herbicides than many other crops, making hemp seed oil a more environmentally friendly option compared to other oils. As consumers become more eco-conscious, this sustainability factor is expected to drive further adoption of hemp seed oil across various industries.
Hemp Seed Oil Market Analysis
The cosmetics and personal care segment in the hemp seed oil market is expected to generate notable revenues during 2025-2034. The growing preference for natural and organic beauty products has accelerated the demand for hemp seed oil-based skincare and haircare formulations. Hemp seed oil is rich in polyunsaturated fatty acids, which make it an excellent moisturizer, balancing oil production and improving skin elasticity. Additionally, its anti-inflammatory and antioxidant properties make it a preferred ingredient for treating sensitive skin conditions such as eczema, psoriasis, and acne.
In the haircare sector, hemp seed oil is recognized for its ability to nourish the scalp, promote hair growth, and prevent dandruff. As consumers shift away from synthetic, chemical-laden beauty products, brands incorporate hemp seed oil in formulations to appeal to the growing clean beauty movement. Hemp seed oil-based products such as face creams, moisturizers, serums, shampoos, and conditioners are gaining popularity, with many brands promoting their eco-friendly and cruelty-free attributes.
Moreover, the hemp seed oil market in cosmetics is expanding due to rising consumer awareness of the environmental benefits of using plant-based ingredients over petroleum-based alternatives. This demand for eco-conscious and ethical products is anticipated to fuel growth in cosmetics and personal care.
The cold-pressed oil segment holds a significant share of the hemp seed oil market in 2024 and is expected to grow rapidly through 2034 due to its preference among consumers seeking high-quality, unrefined oils. Cold pressing is a method of oil extraction that preserves the nutritional integrity of the hemp seeds. This process does not involve heat, which helps maintain the oil's rich content of essential fatty acids, antioxidants, vitamins, and minerals. Cold-pressed hemp seed oil is often marketed as a premium product due to its superior quality and purity compared to refined oils. It is commonly used in culinary applications and as a base for skincare products. The oil is celebrated for its nutty flavor and is increasingly used in salad dressings, smoothies, and as a supplement in various health-conscious diets.
In the health and wellness segment, cold-pressed hemp seed oil is preferred for its nutritional benefits, particularly its high omega-3 and omega-6 fatty acid content, which support heart health, skin hydration, and overall wellness. As consumers seek healthier alternatives to cooking oils and fats, the demand for cold-pressed hemp seed oil is projected to increase steadily.
North America hemp seed oil market is expected to maintain the largest market share during 2025-2034, with the United States being the dominant contributor. Several factors contribute to North America’s leadership in the hemp seed oil market, including the increasing legalization of hemp cultivation and the rising demand for natural and plant-based products across various industries.
The U.S. has experienced significant growth in the hemp industry, particularly since the passage of the 2018 Farm Bill, which legalized hemp cultivation and production on a federal level. This has provided a more stable regulatory environment, enabling businesses to scale their operations and enter new markets. As a result, the availability of hemp seed oil has increased, leading to a vast range of products being offered in retail stores, online platforms, and health food outlets.
Consumer preferences in North America are shifting toward organic, sustainable, and plant-based products, which has bolstered the demand for hemp seed oil in both the food and cosmetics industries. The market for hemp seed oil-based skincare products is also growing rapidly, as consumers increasingly seek clean and cruelty-free beauty solutions.
Hemp Seed Oil Market Share
The major key players involved in the hemp seed oil industry include:
Companies in the hemp seed oil market have adopted several strategies to strengthen their market position. One key strategy has been product innovation, with many businesses focusing on creating diverse formulations, such as organic and cold-pressed hemp seed oils, to meet the growing consumer demand for natural and sustainable products. Strategic partnerships and collaborations with research institutions have also been crucial for improving product quality and expanding distribution channels. Additionally, companies have invested in marketing and consumer education to raise awareness of the health benefits of hemp seed oil, particularly its high omega-3 and omega-6 content.
Hemp Oil Seed Industry News
Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
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Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
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✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
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Verified data sources
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Regulatory filings
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Academic research
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GMI archive
13,000+ published studies across 30+ industry verticals
Trade data
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