India Hibiscus Cannabinus Seed Oil Market, Status and Outlook (2024-2030)

India Hibiscus Cannabinus Seed Oil market size was valued at US$ 5.8 million in 2024 and is projected to reach US$ 8.3 million by 2030, at a CAGR of 6.2% during the forecast period 2024-2030.

Oil derived from the seeds of Hibiscus cannabinus (kenaf), valued for its nutritional profile and industrial applications in cosmetics, food, and potential use in biofuels.
The Indian Hibiscus Cannabinus Seed Oil market, also known as the Kenaf Seed Oil market, is experiencing steady growth, driven by increasing awareness of its nutritional benefits and versatile applications across various industries.

Key factors include the rising demand for natural and sustainable ingredients in the cosmetics and personal care sectors, growing interest in plant-based oils for health and wellness products, and ongoing research into its potential as a renewable resource for industrial applications.

The industry is seeing advancements in cold-pressing and extraction technologies to preserve the oil's nutritional qualities and improve yield. There's a growing trend towards incorporating hibiscus cannabinus seed oil in high-end skincare formulations, leveraging its moisturizing and anti-aging properties. Challenges include establishing a consistent supply chain for kenaf seeds and educating both industries and consumers about the unique benefits of this oil. The market is benefiting from increased research into the oil's fatty acid profile and antioxidant content, positioning it as a valuable ingredient in functional foods and nutraceuticals.

Key players are investing in sustainable farming practices for kenaf cultivation, aligning with the global push for environmentally friendly agricultural products. There's increasing focus on developing specialized grades of the oil for different applications, from food-grade to industrial-use varieties. The industry is also exploring the potential of hibiscus cannabinus as a dual-purpose crop, where both the seeds for oil and fibers for textiles or paper can be utilized. As India continues to seek diversification in its agricultural outputs and sustainable alternatives in various industries, the hibiscus cannabinus seed oil market is poised for continued growth. The market is attracting attention from both the agricultural sector, as a potential high-value crop, and from industries looking for novel, eco-friendly ingredients. Companies are forming partnerships across the supply chain to ensure quality control and traceability, from seed to final product.

The industry faces challenges in scaling production to meet potential demand and in differentiating itself in the crowded plant-based oil market. However, the unique properties of hibiscus cannabinus seed oil and the growing trend towards sustainable, multi-use crops suggest a positive outlook for this niche but expanding market in India.

This report contains market size and forecasts of Hibiscus Cannabinus Seed Oil in India, including the following market information:

•     India Hibiscus Cannabinus Seed Oil Market Revenue, 2019-2024, 2024-2030, ($ millions)
•     India Hibiscus Cannabinus Seed Oil Market Sales, 2019-2024, 2024-2030,
•     India Top five Hibiscus Cannabinus Seed Oil companies in 2023 (%)

Report Includes

This report presents an overview of India market for Hibiscus Cannabinus Seed Oil , sales, revenue and price. Analyses of the India market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Hibiscus Cannabinus Seed Oil sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the India Hibiscus Cannabinus Seed Oil market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•     Organic
•     Conventional

Segment by Applications

•     Food Industry
•     Cosmetics & Personal Care
•     Paints & Lubricants
•     Biofuel

Key Companies covered in this report:

•     Marudhar Impex
•     AOS Products Private Limited
•     Vedaoils
•     Khadi Natural Healthcare
•     Kazima Perfumers
•     Herbal Creations
•     Shree Overseas Exports
•     Mother Herbs Private Limited
•     Bo International
•     India Essential Oils

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•     Key companies Hibiscus Cannabinus Seed Oil revenues in Indian market, 2019-2024 (Estimated), ($ millions)
•     Key companies Hibiscus Cannabinus Seed Oil revenues share in Indian market, 2023 (%)
•     Key companies Hibiscus Cannabinus Seed Oil sales in Indian market, 2019-2024 (Estimated),
•     Key companies Hibiscus Cannabinus Seed Oil sales share in Indian market, 2023 (%)

Key Indicators Analysed

•     Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
•     Indian Market Analysis: The report includes Indian market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
•     Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
•     Opportunities and Drivers: Identifying the Growing Demands and New Technology
•     Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•     Industry drivers, restraints, and opportunities covered in the study
•     Neutral perspective on the market performance
•     Recent industry trends and developments
•     Competitive landscape & strategies of key players
•     Potential & niche segments and regions exhibiting promising growth covered
•     Historical, current, and projected market size, in terms of value
•     In-depth analysis of the Hibiscus Cannabinus Seed Oil Market
•     Overview of the regional outlook of the Hibiscus Cannabinus Seed Oil Market

Key Reasons to Buy this Report:

•     Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
•     This enables you to anticipate market changes to remain ahead of your competitors
•     You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
•     The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
•     Provision of market value (USD Billion) data for each segment and sub-segment
•     Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•     Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•     Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•     Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•     The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•     Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
•     Provides insight into the market through Value Chain
•     Market dynamics scenario, along with growth opportunities of the market in the years to come
•     6-month post-sales analyst support

We offer additional regional and global reports that are similar:

•     Global Hibiscus Cannabinus Seed Oil Market 
•     United States Hibiscus Cannabinus Seed Oil Market 
•     Japan Hibiscus Cannabinus Seed Oil Market 
•     Germany Hibiscus Cannabinus Seed Oil Market 
•     South Korea Hibiscus Cannabinus Seed Oil Market 
•     Indonesia Hibiscus Cannabinus Seed Oil Market 
•     Brazil Hibiscus Cannabinus Seed Oil Market

Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.