India Cannabinoids Market (2025-2031) | Companies, Industry, Strategic Insights, Trends, Competitive, Challenges, Strategy, Segmentation, Analysis, Forecast, Segments, Outlook, Restraints, Growth, Value, Competition, Revenue, Size, Investment Trends, Opportunities, Pricing Analysis, Drivers, Demand, Consumer Insights, Share, Supply

Market Forecast By Product Type (CBD, THC, CBG), By Application (Pain Management, Appetite Stimulation, Skin Health), By End User (Consumers, Patients, E-commerce), By Source (Cannabis, Hemp, Plant-Based), By Technology (Nanoemulsion, Microencapsulation, Advanced Extraction) And Competitive Landscape
Product Code: ETC11487822 Publication Date: Apr 2025 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sachin Kumar Rai No. of Pages: 65 No. of Figures: 34 No. of Tables: 19

India Cannabinoids Market Overview

The cannabinoids market in India is experiencing significant growth due to increasing awareness and acceptance of the therapeutic benefits of cannabinoids such as CBD (cannabidiol). The market is driven by factors such as the rising prevalence of chronic diseases, changing attitudes towards cannabis-based products, and the growing demand for natural remedies. The regulatory environment surrounding cannabinoids in India is evolving, with the government considering the potential legalization of medical cannabis. Market players are focusing on product innovation, quality control, and strategic partnerships to capitalize on the expanding market opportunities. The market is characterized by a diverse range of products including oils, tinctures, capsules, and topicals, with a growing interest in wellness and beauty products infused with cannabinoids. Overall, the India cannabinoids market presents significant growth potential and is expected to witness further expansion in the coming years.

India Cannabinoids Market Trends

The India cannabinoids market is experiencing significant growth due to the increasing acceptance and legalization of cannabis-derived products. The demand for CBD products, in particular, is rising rapidly as consumers are becoming more aware of the potential health benefits of cannabinoids. The market is witnessing a surge in the popularity of CBD-infused products such as oils, edibles, skincare, and beverages. Additionally, the wellness and personal care industries are embracing CBD as an ingredient in various products. The regulatory landscape is evolving, with some states in India considering legalizing medical cannabis, which could further fuel market growth. Overall, the India cannabinoids market is poised for continued expansion as consumer interest in natural remedies and wellness products continues to grow.

India Cannabinoids Market Challenges

The India cannabinoids market faces several challenges, primarily due to the lack of clear regulations and legal framework surrounding the use of cannabinoids. The ambiguity in laws regarding the production, sale, and consumption of cannabinoids creates uncertainty for businesses operating in this sector. Additionally, there is a stigma associated with cannabinoids in India, which hinders widespread acceptance and adoption of products containing cannabinoids. Limited awareness among consumers about the potential benefits and uses of cannabinoids further complicates market penetration. The lack of standardized testing and quality control measures also raises concerns about the safety and efficacy of cannabinoid products available in the market. Overall, navigating the regulatory landscape, changing public perception, and ensuring product quality are key challenges faced by stakeholders in the India cannabinoids market.

India Cannabinoids Market Investment Opportunities

The India cannabinoids market presents promising investment opportunities across various sectors. With the growing acceptance of medicinal cannabis and CBD products, companies involved in cultivation, extraction, and distribution of cannabinoids are poised for growth. Additionally, the pharmaceutical industry in India is exploring the potential of cannabinoids for therapeutic purposes, creating opportunities for research and development partnerships. The wellness and beauty industry is also witnessing a surge in demand for CBD-infused products, opening avenues for investment in this sector. Furthermore, the legalization of hemp cultivation in India has unlocked opportunities in the industrial hemp market, including textiles, biofuels, and construction materials. Overall, the India cannabinoids market offers diverse investment prospects for entrepreneurs and investors looking to capitalize on the growing trend towards cannabis and CBD products.

India Cannabinoids Market Government Policy

In India, the legal framework surrounding cannabinoids is complex and subject to change. As of now, the cultivation, production, and sale of cannabis and cannabinoids are largely prohibited under the Narcotic Drugs and Psychotropic Substances Act, 1985. However, certain exceptions exist for the industrial and medicinal use of cannabinoids, with licenses required from the relevant authorities. Recently, there has been a growing push for the legalization of medical cannabis and the decriminalization of recreational cannabis in India. Some states have begun exploring the potential economic benefits of cultivating hemp for industrial purposes. Overall, the regulatory environment for cannabinoids in India is evolving, with potential for liberalization in the future to support the growth of the industry.

India Cannabinoids Market Future Outlook

The India cannabinoids market is poised for significant growth in the coming years due to increasing awareness about the potential therapeutic benefits of cannabinoids, along with the gradual acceptance and legalization of medical cannabis in the country. The market is expected to be driven by factors such as the growing prevalence of chronic diseases, rising investments in research and development activities, and the expanding base of potential consumers seeking alternative treatment options. Additionally, the government`s recent moves towards exploring the medical cannabis industry further indicate a positive outlook for the India cannabinoids market. However, regulatory challenges and cultural stigmas surrounding cannabis use may pose some hurdles to the market`s growth. Overall, with evolving consumer preferences and a shifting regulatory landscape, the India cannabinoids market is likely to experience substantial expansion in the foreseeable future.

Key Highlights of the Report:

  • India Cannabinoids Market Outlook
  • Market Size of India Cannabinoids Market,2024
  • Forecast of India Cannabinoids Market, 2031
  • Historical Data and Forecast of India Cannabinoids Revenues & Volume for the Period 2021-2031
  • India Cannabinoids Market Trend Evolution
  • India Cannabinoids Market Drivers and Challenges
  • India Cannabinoids Price Trends
  • India Cannabinoids Porter's Five Forces
  • India Cannabinoids Industry Life Cycle
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By CBD for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By THC for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By CBG for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By Pain Management for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By Appetite Stimulation for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By Skin Health for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By End User for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By Consumers for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By Patients for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By E-commerce for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By Source for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By Cannabis for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By Hemp for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By Plant-Based for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By Technology for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By Nanoemulsion for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By Microencapsulation for the Period 2021-2031
  • Historical Data and Forecast of India Cannabinoids Market Revenues & Volume By Advanced Extraction for the Period 2021-2031
  • India Cannabinoids Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End User
  • Market Opportunity Assessment By Source
  • Market Opportunity Assessment By Technology
  • India Cannabinoids Top Companies Market Share
  • India Cannabinoids Competitive Benchmarking By Technical and Operational Parameters
  • India Cannabinoids Company Profiles
  • India Cannabinoids Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Cannabinoids Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Cannabinoids Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Cannabinoids Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Cannabinoids Market Revenues & Volume, 2021 & 2031F

3.3 India Cannabinoids Market - Industry Life Cycle

3.4 India Cannabinoids Market - Porter's Five Forces

3.5 India Cannabinoids Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 India Cannabinoids Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 India Cannabinoids Market Revenues & Volume Share, By End User, 2021 & 2031F

3.8 India Cannabinoids Market Revenues & Volume Share, By Source, 2021 & 2031F

3.9 India Cannabinoids Market Revenues & Volume Share, By Technology, 2021 & 2031F

4 India Cannabinoids Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing awareness and acceptance of medical cannabis for various health conditions in India.

4.2.2 Growing research and development activities in the field of cannabinoids for pharmaceutical and wellness applications.

4.2.3 Government initiatives and regulations supporting the legalization and use of cannabinoids for medical purposes.

4.3 Market Restraints

4.3.1 Lack of clear regulatory framework and ambiguity surrounding the legality of cannabinoids in India.

4.3.2 Cultural and societal stigmas associated with cannabis consumption hindering market growth.

4.3.3 Limited availability of high-quality, standardized cannabinoid products in the market.

5 India Cannabinoids Market Trends

6 India Cannabinoids Market, By Types

6.1 India Cannabinoids Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 India Cannabinoids Market Revenues & Volume, By Product Type, 2021 - 2031F

6.1.3 India Cannabinoids Market Revenues & Volume, By CBD, 2021 - 2031F

6.1.4 India Cannabinoids Market Revenues & Volume, By THC, 2021 - 2031F

6.1.5 India Cannabinoids Market Revenues & Volume, By CBG, 2021 - 2031F

6.2 India Cannabinoids Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Cannabinoids Market Revenues & Volume, By Pain Management, 2021 - 2031F

6.2.3 India Cannabinoids Market Revenues & Volume, By Appetite Stimulation, 2021 - 2031F

6.2.4 India Cannabinoids Market Revenues & Volume, By Skin Health, 2021 - 2031F

6.3 India Cannabinoids Market, By End User

6.3.1 Overview and Analysis

6.3.2 India Cannabinoids Market Revenues & Volume, By Consumers, 2021 - 2031F

6.3.3 India Cannabinoids Market Revenues & Volume, By Patients, 2021 - 2031F

6.3.4 India Cannabinoids Market Revenues & Volume, By E-commerce, 2021 - 2031F

6.4 India Cannabinoids Market, By Source

6.4.1 Overview and Analysis

6.4.2 India Cannabinoids Market Revenues & Volume, By Cannabis, 2021 - 2031F

6.4.3 India Cannabinoids Market Revenues & Volume, By Hemp, 2021 - 2031F

6.4.4 India Cannabinoids Market Revenues & Volume, By Plant-Based, 2021 - 2031F

6.5 India Cannabinoids Market, By Technology

6.5.1 Overview and Analysis

6.5.2 India Cannabinoids Market Revenues & Volume, By Nanoemulsion, 2021 - 2031F

6.5.3 India Cannabinoids Market Revenues & Volume, By Microencapsulation, 2021 - 2031F

6.5.4 India Cannabinoids Market Revenues & Volume, By Advanced Extraction, 2021 - 2031F

7 India Cannabinoids Market Import-Export Trade Statistics

7.1 India Cannabinoids Market Export to Major Countries

7.2 India Cannabinoids Market Imports from Major Countries

8 India Cannabinoids Market Key Performance Indicators

8.1 Number of clinical trials and research studies conducted on cannabinoids in India.

8.2 Adoption rate of cannabinoids in mainstream healthcare practices.

8.3 Growth in the number of licensed manufacturers and distributors of cannabinoid products in India.

9 India Cannabinoids Market - Opportunity Assessment

9.1 India Cannabinoids Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 India Cannabinoids Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 India Cannabinoids Market Opportunity Assessment, By End User, 2021 & 2031F

9.4 India Cannabinoids Market Opportunity Assessment, By Source, 2021 & 2031F

9.5 India Cannabinoids Market Opportunity Assessment, By Technology, 2021 & 2031F

10 India Cannabinoids Market - Competitive Landscape

10.1 India Cannabinoids Market Revenue Share, By Companies, 2024

10.2 India Cannabinoids Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

To discover high-growth global markets and optimize your business strategy:

Click Here
Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All