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India Industrial Hemp Market By Type (Hemp Seed, Hemp Seed Oil, Hemp Fiber, Others); By Source (Organic, Conventional); By Application (Food & Beverages, Textile, Pharmaceuticals, Construction Material, Others); By Geography – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Name: India Industrial Hemp Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2026-01-10
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: India Industrial Hemp Market

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Market Overview:

The India Industrial Hemp Market size was valued at USD 62.52 million in 2018 to USD 219.79 million in 2024 and is anticipated to reach USD 952.90 million by 2032, at a CAGR of 18.77% during the forecast period.

REPORT ATTRIBUTE	DETAILS
Historical Period	2020-2024
Base Year	2024
Forecast Period	2025-2032
India Industrial Hemp Market Size 2024	USD 219.79 Million
India Industrial Hemp Market, CAGR	18.77%
India Industrial Hemp Market Size 2032	USD 952.90 Million

Market growth is driven by demand for sustainable raw materials across multiple industries. Textile producers adopt hemp fiber for durability and lower water use. Wellness brands use hemp extracts for personal care and nutrition products. Builders prefer hempcrete for insulation and carbon reduction goals. Farmers gain from crop diversification and higher income stability. Government support improves licensing clarity and research access. Startups scale processing and branding. Consumer awareness of eco-friendly products supports steady demand growth nationwide.

Northern hill states lead due to favorable climate and early policy support. Uttarakhand anchors cultivation and research through pilot programs. Northern plains emerge with processing hubs near textile clusters. Central states expand acreage due to suitable land and logistics access. Western India supports downstream manufacturing and exports. Northeastern regions show early-stage potential with supportive agro conditions. Southern states focus on value-added products and wellness brands. Regional strengths together build a balanced national supply chain.

India Industrial Hemp Market Size

Market Insights:

The India Industrial Hemp Market was valued at USD 62.52 million in 2018, reached USD 219.79 million in 2024, and is projected to hit USD 952.90 million by 2032, expanding at a CAGR of 18.77%, driven by regulated cultivation, B2B demand, and downstream processing growth.
Northern India leads with ~42% share, supported by early policy adoption and licensed cultivation, followed by Western India at ~28% due to processing and manufacturing hubs, and Southern India at ~20% driven by research, wellness brands, and formulation activity.
Eastern and Northeastern India is the fastest-growing region, holding ~10% share, supported by favorable agro-climatic conditions, pilot cultivation programs, and rising interest in biomass and research-grade supply.
By product mix, Full-spectrum CBD oil accounts for ~34% share, reflecting strong pharmaceutical and nutraceutical demand, while Broad-spectrum CBD oil holds ~22% share due to formulation flexibility and compliance alignment.
CBD distillates and crude extracts contribute ~20%, supported by B2B processing demand, while hemp seed oil and hemp fiber & hurds together represent ~24%, driven by food ingredients, industrial use, and by-product monetization.

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Market Drivers:

Rising Demand For Sustainable And Low-Impact Raw Materials

Manufacturers seek materials with lower environmental impact. Hemp offers low water use and soil benefits. Textile firms value fiber strength and breathability. Construction players prefer hemp-based insulation solutions. Food brands use hemp seeds for plant nutrition. Personal care companies adopt hemp for natural formulations. These factors support steady demand expansion. The India Industrial Hemp Market benefits from sustainability-focused procurement choices.

For instance, Bombay Hemp Company states industrial hemp requires about 300–500 liters of water per kg of fiber, versus over 2,000 liters for cotton. The firm supplies hemp fiber, seeds, and hurd to apparel, nutrition, and construction users.

Supportive Policy Framework And State-Level Pilot Programs

Several states allow regulated hemp cultivation. Policy clarity reduces legal risk for farmers. Licensing frameworks support controlled production. Research institutions promote agronomic best practices. State pilots encourage private sector entry. Farmers gain confidence through official backing. Investment interest rises across value chains. Regulatory momentum strengthens long-term market growth.

For instance, the Uttarakhand Industrial Hemp Policy allows licensed cultivation of hemp with THC content capped at 0.3%. The state works with GB Pant University to support agronomy and farmer training under approved pilots.

Growing Farmer Interest In Crop Diversification And Income Stability

Farmers seek alternatives to water-intensive crops. Hemp fits diverse agro-climatic zones. The crop supports soil health and rotation benefits. Stable offtake contracts reduce income volatility. Processing units create assured demand. Training programs improve cultivation quality. Input costs remain competitive for small growers. These factors drive wider farmer adoption.

Expansion Of Downstream Processing And Domestic Manufacturing Capacity

Processing capacity improves raw material utilization. Fiber decortication units reduce supply bottlenecks. Extraction facilities support wellness applications. Domestic manufacturing cuts import reliance. Integrated value chains enhance margin retention. Startups invest in branded finished goods. Scale improves cost competitiveness across segments. Industrial readiness accelerates overall market development.

Market Trends:

Shift Toward Value-Added And Branded Hemp-Based Products

Companies move beyond raw fiber sales. Brands focus on finished textiles and wellness items. Packaging highlights natural and ethical sourcing. Urban consumers favor traceable products. Branding supports premium pricing strategies. Online channels improve product reach. Retail presence expands in major cities. This trend reshapes competitive positioning.

For instance, HempStreet operates over 100 doctor-led clinics across India and sells hemp-based wellness products through digital channels. The firm follows prescription-based distribution aligned with state regulations.

Growing Focus On Research-Led Cultivation And Seed Optimization

Producers invest in better seed genetics. Research improves yield consistency and fiber quality. Controlled THC compliance remains a priority. Data-driven farming supports predictability. Collaboration with universities increases field trials. Knowledge transfer raises farm-level efficiency. Standardized inputs reduce variability. Scientific farming practices gain traction.

For instance, CSIR-IHBT developed certified industrial hemp varieties for fiber and seed with THC below 0.3%. Field trials improved plant uniformity and supported controlled cultivation models.

Integration Of Hemp In Green Construction And Circular Economy Models

Builders explore hempcrete for insulation use. Green certifications support material adoption. Circular economy goals align with hemp use. Waste reduction strengthens project viability. Developers seek low-carbon building inputs. Demonstration projects build market confidence. Policy discussions support sustainable construction. This trend opens new application areas.

Emergence Of Export-Oriented Manufacturing And Niche Applications

Manufacturers target international buyers for fiber products. Quality compliance supports export readiness. Niche uses include composites and specialty textiles. Certifications enhance global acceptance. Trade fairs improve buyer connections. Export focus supports scale economics. Product differentiation gains importance. Global exposure shapes product standards.

Market Challenges Analysis:

Complex Regulatory Interpretation And Uneven State-Level Enforcement

Regulatory clarity varies across regions. Interpretation differences create compliance risk. Licensing timelines delay project execution. Enforcement gaps affect investor confidence. Transport rules remain inconsistent. Documentation burdens small producers. Legal ambiguity raises operating costs. The India Industrial Hemp Market faces coordination challenges across jurisdictions.

Limited Processing Infrastructure And Skilled Workforce Availability

Processing facilities remain regionally concentrated. Logistics costs rise for distant farms. Skilled technicians remain in short supply. Equipment costs challenge small operators. Quality inconsistency affects buyer trust. Training programs lack uniform reach. Capital access limits rapid scale-up. Infrastructure gaps slow value chain maturity.

Market Opportunities:

Expansion Of Hemp-Based Wellness, Nutrition, And Personal Care Segments

Consumer interest in natural wellness rises. Hemp ingredients support clean-label positioning. Nutrition brands adopt plant-based formulations. Personal care firms value functional properties. Product innovation improves market differentiation. Domestic demand supports scale expansion. Distribution networks widen product access. This opportunity supports high-margin growth paths.

Development Of Integrated Farm-To-Finished-Goods Business Models

Vertical integration improves supply control. Direct sourcing enhances traceability claims. Integrated models reduce margin leakage. Branding benefits from origin transparency. Investors favor scalable integrated platforms. Export readiness improves under unified control. Partnerships support rapid execution. This structure strengthens long-term competitiveness.

Market Segmentation Analysis:

By Product Type

Full-spectrum CBD oil leads demand due to broad cannabinoid profiles and strong therapeutic acceptance. CBD distillates gain traction for consistent potency and formulation flexibility. CBD isolates serve applications requiring precise dosing and zero THC tolerance. Hemp biomass and extracts support large-scale B2B demand from processors and researchers. Product preference depends on regulatory fit and downstream application needs.

For instance, BOHECO supplies licensed hemp biomass for industrial and research use. The company maintains batch testing and traceability to meet regulatory standards.

By Value Chain Integration

Cultivation-only players focus on licensed farming and raw material supply. Cultivation and processing models improve value capture and supply reliability. Fully integrated cultivation, extraction, and formulation structures offer quality control and cost efficiency. This integration supports traceability and compliance assurance. Scale favors integrated operators with technical and regulatory expertise.

By End-Use Application (B2B)

Pharmaceuticals and nutraceuticals represent a core demand segment due to clinical research and formulation use. Wellness and personal care brands adopt hemp inputs for natural positioning. Food and beverage ingredient buyers focus on controlled and compliant inputs. Research and formulation labs drive early-stage and pilot demand. End-use diversity supports steady volume absorption.

By Business Model

Contract manufacturing supports brands without in-house capability. Private label supply enables faster market entry for buyers. Direct B2B sales strengthen long-term buyer relationships. Export-oriented supply targets regulated overseas markets. The India Industrial Hemp Market balances domestic demand with export ambitions.

By Compliance and Quality Grade

Pharmaceutical grade commands strict testing and documentation. Food grade supports regulated consumption applications. Industrial grade serves research and non-ingestible uses. Quality segmentation shapes pricing and buyer selection criteria.

Segmentation:

By Product Type
- Full-spectrum CBD oil
- CBD distillates
- CBD isolates
- Hemp biomass and extracts
By Value Chain Integration
- Cultivation only
- Cultivation and processing
- Integrated cultivation, extraction, and formulation
By End-Use Application (B2B)
- Pharmaceuticals and nutraceuticals
- Wellness and personal care
- Food and beverage ingredients
- Research and formulation labs
By Business Model
- Contract manufacturing
- Private label supply
- Direct B2B sales
- Export-oriented supply
By Compliance and Quality Grade
- Pharmaceutical grade
- Food grade
- Industrial grade
By Geography
- North India
- West India
- South India
- East and Northeast India

India Industrial Hemp Market Growth

Regional Analysis:

Northern India Dominates With The Largest Market Share

Northern India accounted for nearly 42% market share in the India Industrial Hemp Market in 2024. Uttarakhand and Himachal Pradesh lead due to early regulatory approvals and licensed cultivation programs. Favorable climate supports consistent crop quality and yield. Processing units located near cultivation zones reduce logistics dependency. Pharmaceutical and nutraceutical buyers prefer this region for compliant sourcing. Farmer participation remains high due to structured state support. The region continues to anchor national supply volumes.

Western And Southern India Hold Strong Secondary Positions

Western India captured around 28% market share, driven by Maharashtra and Gujarat. The region benefits from established agribusiness infrastructure and extraction facilities. Industrial clusters support contract manufacturing and private label supply. Southern India held close to 20% market share, led by Karnataka and Tamil Nadu. Research institutions and wellness brands drive downstream demand. Processing and formulation activities expand steadily. Urban consumption hubs support B2B offtake growth.

Eastern And Northeastern India Represent Emerging Markets

Eastern and Northeastern India together accounted for nearly 10% market share. These regions gain traction through pilot cultivation programs and policy experimentation. Agro-climatic conditions favor fiber and biomass quality. Infrastructure remains limited but attracts early-stage investment. Local startups explore food ingredients and research supply. Government initiatives encourage farmer onboarding. This region shows potential for gradual share expansion over the forecast period.

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Key Player Analysis:

BOHECO (Bombay Hemp Company)
HempStreet
Vedi Herbals
Atrimed Biotech
India Hemp Organics
HempCann Solutions
Cannazo India
Satliva
CannaMeds India
Avesthagen (Hemp Division)

Competitive Analysis:

The India Industrial Hemp Market shows a moderately consolidated competitive structure with a mix of startups and diversified biotech firms. Key players focus on controlled cultivation, extraction capability, and compliance management. Companies compete on product purity, traceability, and consistency rather than price alone. Vertical integration strengthens cost control and supply assurance. Strategic partnerships with farmers improve raw material access. R&D investment supports formulation depth and application expansion. Branding remains limited in B2B channels, which favors long-term supply contracts. It relies on regulatory alignment and operational discipline to sustain competitiveness.

Recent Developments:

In December 2025, BOHECO announced a major strategic shift towards physical retail to drive its next phase of growth. The company, which has historically operated as a digital-first brand, revealed plans to open over 16 new brick-and-mortar stores within the next two years. This expansion includes the operations of its flagship 1,070 sq. ft. store on Brigade Road, Bengaluru, and a wider footprint across Delhi-NCR and Hyderabad. Additionally, BOHECO highlighted its growing international presence with successful exports to South Korea and new strategic tie-ups in Brazil, the Middle East, Thailand, and Australia.
In July 2025, Vedi Herbals was announced as an Associate Sponsor for the Vegan India Conference 2025, reinforcing its brand positioning in the plant-based wellness sector. Furthermore, in August 2024, the brand expanded its portfolio beyond medicinal cannabis by aggressively entering the hemp body goods market. This expansion includes a new range of hemp-based body washes, liquid soaps, and personal care products that blend cannabis leaf extracts with traditional Ayurvedic herbs, marking a diversification from their core prescription-based medicines.
In March 2025, CannaMeds India reinforced its status as India’s leading aggregator and marketplace for CBD and hemp products by expanding its digital catalogue to include exclusive bundles and new brands. As a primary retail platform, it recently listed high-potency products like the “Magiccann Extra Strong” gummies and “Cannazo Uplift” series, facilitating access to prescription-based cannabis medicines for patients across India. The platform has continued to scale its “journey guide” consultation services to assist users in obtaining legal medical prescriptions.
In February 2025, Avesthagen announced a major strategic partnership between its subsidiary, The Avestagenome Project®, and the Tata Institute for Genetics and Society (TIGS). While primarily focused on genetics, this alliance utilizes Avesthagen’s extensive biobank and research capabilities often cross-leveraged with their bioactive and medical cannabis research to study rare genetic disorders. Additionally, in October 2024, the company appointed Dr. Nilgiriwala as Vice President of Research & Development, signaling a renewed push in their R&D initiatives for precision diagnostics and bioactive product development.
In November 2023 (with strategic execution continuing into 2024), HempStreet secured $1 million in a pre-Series A funding round led by Waahlin Holdings to fuel its global expansion and product development. The company announced plans to enter the Latin American and North American markets in 2024, launching a new line of clinically backed, Ayurveda-inspired cannabis medications to treat primary and secondary dysmenorrhea. This expansion is supported by key international partnerships with entities such as MGC Pharma (UK), Gynica (Israel), and UIDI (Brazil).

Report Coverage:

The research report offers an in-depth analysis based on product type, value chain integration, end-use application, business model, compliance grade, and geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook:

Regulated cultivation frameworks will strengthen operational confidence across states.
Vertical integration will gain preference for quality and compliance control.
Pharmaceutical and nutraceutical demand will anchor B2B volume stability.
Research-driven cultivation practices will improve yield consistency.
Export-oriented supply models will expand under compliant sourcing.
Contract manufacturing will support faster brand entry.
Processing infrastructure will spread beyond early adopter states.
Wellness applications will diversify formulation demand.
Traceability systems will shape buyer selection criteria.
Policy clarity will remain central to long-term expansion.

Table of Content

Chapter No. 1 :………. Introduction.. 22

1.1. Report Description. 22

Purpose of the Report 22

USP & Key Offerings. 22

1.2. Key Benefits for Stakeholders. 23

1.3. Target Audience. 23

Chapter No. 2 :………. Executive Summary. 24

Chapter No. 3 :………. India Industrial Hemp Market – B2B Full-Spectrum CBD FORCES & INDUSTRY PULSE. 26

3.1. Foundations of Change – Market Overview.. 26

3.2. Catalysts of Expansion – Key Market Drivers. 28

3.2.1. Momentum Boosters – Growth Triggers. 29

3.2.2. Innovation Fuel – Disruptive Technologies. 29

3.3. Headwinds & Crosswinds – Market Restraints. 30

3.3.1. Regulatory Tides – Compliance Challenges. 31

3.3.2. Economic Frictions – Inflationary Pressures. 31

3.4. Untapped Horizons – Growth Potential & Opportunities and Strategic Navigation – Industry Frameworks. 32

3.5. Market Equilibrium – Porter’s Five Forces. 33

3.6. Ecosystem Dynamics – Value Chain Integration Analysis. 35

3.7. Macro Forces – PESTEL Breakdown. 37

3.8. Price Trend Analysis. 38

3.9. Price Trend by Product Type. 39

3.10. Buying Criteria 40

Chapter No. 4 :………. COMPETITION ANALYSIS. 41

4.1. Company Market Share Analysis. 41

4.1.1. India Industrial Hemp Market – B2B Full-Spectrum CBD Company Volume Market Share 41

4.1.2. India Industrial Hemp Market – B2B Full-Spectrum CBD Company Revenue Market Share 43

4.2. Strategic Developments. 45

4.2.1. Acquisitions & Mergers. 45

4.2.2. New Product Launch. 46

4.2.3. Agreements & Collaborations. 47

4.3. Competitive Dashboard. 48

4.4. Company Assessment Metrics, 2024. 49

Chapter No. 5 :………. India Market Analysis, Insights & Forecast, by Product Type. 50

Chapter No. 6 :………. India Market Analysis, Insights & Forecast, by Value Chain Integration.. 55

Chapter No. 7 :………. India Market Analysis, Insights & Forecast, by End-Use Application (B2B) 62

Chapter No. 8 :………. India Market Analysis, Insights & Forecast, by Business Model. 70

Chapter No. 9 :………. India Market Analysis, Insights & Forecast, by Compliance & Quality Grade. 75

Chapter No. 10 :…….. India Market Analysis, Insights & Forecast, by Geography. 80

Chapter No. 11 :…….. Company Profile. 85

11.1. BOHECO (Bombay Hemp Company) 85

11.2. HempStreet 88

11.3. Vedi Herbals 88

11.4. Atrimed Biotech. 88

11.5. India Hemp Organics. 88

11.6. HempCann Solutions. 88

11.7. Cannazo India 88

11.8. Satliva 88

11.9. CannaMeds India. 88

11.10. Avesthagen / Hemp Division. 88

List of Figures

FIG NO. 1………. India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue Share, By Product Type, 2024 & 2032. 50

FIG NO. 2………. Market Attractiveness Analysis, By Product Type. 51

FIG NO. 3………. Incremental Revenue Growth Opportunity by Product Type, 2024 – 2032. 52

FIG NO. 4………. India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue Share, By Value Chain Integration, 2024 & 2032. 55

FIG NO. 5………. Incremental Revenue Growth Opportunity by Value Chain Integration, 2024 – 2032. 56

FIG NO. 6………. Incremental Revenue Growth Opportunity by Value Chain Integration, 2024 – 2032. 57

FIG NO. 7………. India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue Share, By End-Use Application (B2B), 2024 & 2032. 62

FIG NO. 8………. Market Attractiveness Analysis, By End-Use Application (B2B) 63

FIG NO. 9………. Incremental Revenue Growth Opportunity by End-Use Application (B2B), 2024 – 2032. 65

FIG NO. 10…….. India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue Share, By Business Model, 2024 & 2032. 70

FIG NO. 11…….. Market Attractiveness Analysis, By Business Model 71

FIG NO. 12…….. Incremental Revenue Growth Opportunity by Business Model, 2024 – 2032. 72

FIG NO. 13…….. India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue Share, By Compliance & Quality Grade, 2024 & 2032. 75

FIG NO. 14…….. Market Attractiveness Analysis, By Compliance & Quality Grade. 76

FIG NO. 15…….. Incremental Revenue Growth Opportunity by Compliance & Quality Grade, 2024 – 2032. 77

FIG NO. 16…….. India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue Share, By Geography, 2024 & 2032. 80

FIG NO. 17…….. Market Attractiveness Analysis, By Geography. 81

FIG NO. 18…….. Incremental Revenue Growth Opportunity by Geography, 2024 – 2032. 82

List of Tables

TABLE NO. 1. :… India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue, By Product Type, 2018 – 2024 (USD Million) 53

TABLE NO. 2. :… India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue, By Product Type, 2025 – 2032 (USD Million) 53

TABLE NO. 3. :… India Industrial Hemp Market – B2B Full-Spectrum CBD Volume, By Product Type, 2018 – 2024 (Metric Tons) 54

TABLE NO. 4. :… India Industrial Hemp Market – B2B Full-Spectrum CBD Volume, By Product Type, 2025 – 2032 (Metric Tons) 54

TABLE NO. 5. :… India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue, By Value Chain Integration, 2018 – 2024 (USD Million) 58

TABLE NO. 6. :… India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue, By Value Chain Integration, 2025 – 2032 (USD Million) 59

TABLE NO. 7. :… India Industrial Hemp Market – B2B Full-Spectrum CBD Volume, By Value Chain Integration, 2018 – 2024 (Metric Tons) 60

TABLE NO. 8. :… India Industrial Hemp Market – B2B Full-Spectrum CBD Volume, By Value Chain Integration, 2025 – 2032 (Metric Tons) 61

TABLE NO. 9. :… India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue, By End-Use Application (B2B), 2018 – 2024 (USD Million) 66

TABLE NO. 10. :.. India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue, By End-Use Application (B2B), 2025 – 2032 (USD Million) 66

TABLE NO. 11. :.. India Industrial Hemp Market – B2B Full-Spectrum CBD Volume, By End-Use Application (B2B), 2018 – 2024 (Metric Tons) 68

TABLE NO. 12. :.. India Industrial Hemp Market – B2B Full-Spectrum CBD Volume, By End-Use Application (B2B), 2025 – 2032 (Metric Tons) 68

TABLE NO. 13. :.. India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue, By Business Model, 2018 – 2024 (USD Million) 73

TABLE NO. 14. :.. India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue, By Business Model, 2025 – 2032 (USD Million) 73

TABLE NO. 15. :.. India Industrial Hemp Market – B2B Full-Spectrum CBD Volume, By Business Model, 2018 – 2024 (Metric Tons) 74

TABLE NO. 16. :.. India Industrial Hemp Market – B2B Full-Spectrum CBD Volume, By Business Model, 2025 – 2032 (Metric Tons) 74

TABLE NO. 17. :.. India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue, By Compliance & Quality Grade, 2018 – 2024 (USD Million) 78

TABLE NO. 18. :.. India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue, By Compliance & Quality Grade, 2025 – 2032 (USD Million) 78

TABLE NO. 19. :.. India Industrial Hemp Market – B2B Full-Spectrum CBD Volume, By Compliance & Quality Grade, 2018 – 2024 (Metric Tons) 79

TABLE NO. 20. :.. India Industrial Hemp Market – B2B Full-Spectrum CBD Volume, By Compliance & Quality Grade, 2025 – 2032 (Metric Tons) 79

TABLE NO. 21. :.. India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue, By Geography, 2018 – 2024 (USD Million) 83

TABLE NO. 22. :.. India Industrial Hemp Market – B2B Full-Spectrum CBD Revenue, By Geography, 2025 – 2032 (USD Million) 83

TABLE NO. 23. :.. India Industrial Hemp Market – B2B Full-Spectrum CBD Volume, By Geography, 2018 – 2024 (Metric Tons) 84

TABLE NO. 24. :.. India Industrial Hemp Market – B2B Full-Spectrum CBD Volume, By Geography, 2025 – 2032 (Metric Tons) 84

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Frequently Asked Questions:

What is the current market size for India Industrial Hemp Market, and what is its projected size in 2032?

The India Industrial Hemp Market was valued at USD 219.79 million in 2024 and is projected to reach USD 952.90 million by 2032 based on current analysis.

At what Compound Annual Growth Rate is the India Industrial Hemp Market projected to grow between 2024 and 2032?

The India Industrial Hemp Market is projected to grow at a CAGR of 18.77% during the forecast period.

Which India Industrial Hemp Market segment held the largest share in 2024?

In the India Industrial Hemp Market, full-spectrum CBD oil held the largest share due to strong pharmaceutical and nutraceutical demand.

What are the primary factors fueling the growth of the India Industrial Hemp Market?

The India Industrial Hemp Market grows due to regulatory support, rising B2B demand, sustainable material adoption, and value chain integration.

Who are the leading companies in the India Industrial Hemp Market?

Leading participants in the India Industrial Hemp Market include BOHECO, HempStreet, Vedi Herbals, Atrimed Biotech, and India Hemp Organics.

Which region commanded the largest share of the India Industrial Hemp Market in 2024?

Northern India commanded the largest share of the India Industrial Hemp Market in 2024 due to early policy support and active cultivation programs.

About Author

Ganesh Chandwade

Senior Industry Consultant

Ganesh is a senior industry consultant specializing in heavy industries and advanced materials.

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