India Industrial Hemp Market Size & Outlook, 2026-2034

Last Updated : 10 July, 2026 | Study Period : 2022-2034 | Format : PDF, Excel | Author : Grace Turner

India Industrial Hemp Market Insights

  • According to Deep Market Insights analysis, the India Industrial Hemp Market size was USD 87.63 Million in 2025 and is projected to reach USD 353.26 Million by 2034.
  • The India market is projected to grow at a CAGR of 16.73% between 2026 and 2034.
  • By segment, Hemp fiber emerged as the largest By Product Type in terms of market size in 2025.
  • Hemp seed is anticipated to remain the most attractive By Product Type segment, recording the fastest growth during the forecast period.

Other Key Findings


  • India accounted for 3.19% of the global Industrial Hemp Market size in 2025.
  • By 2034, United States is expected to remain the top global market in terms of size.
  • Within Asia Pacific, China is forecasted to dominate the regional Industrial Hemp Market size by 2034.
  • Korea will be the fastest-growing market in Asia Pacific, projected to achieve USD 151.24 Million by 2034.

Report Summary

Report Scope Details
Base Year for Study 2025
Study Period 2022-2034
Historical Period 2022-2024
Forecast Period 2026-2034
Market Size In 2025 USD 87.63 Million
Market Size In 2034 USD 353.26 Million
Largest segment Hemp fiber
Units Revenue in USD Million
CAGR 16.73% (2026-2034)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

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