Food Supplement Industry In India

Factors such as rising health concerns and the changing lifestyles and dietary habits have been driving the product demand.

Food supplement industry in india. Discover the latest market trends and uncover sources of future market growth for the dietary supplements industry in india with research from euromonitor s team of in country analysts. India dietary supplement market is expected to grow with a cagr of more than 15 in forecasted period 2022 23 transformation in food habits less physical work more of desk jobs have made. Global dietary supplements market is projected to grow with a cagr of 6 9 during the forecast period 2020 2025.

A positive outlook toward the sports nutrition market is also among major driving factors. According to india dietary supplements market by type by point of sale by top city competition forecast opportunities 2021 the dietary supplements market in india is projected to exhibit a cagr of 11 60 during 2016 2021 on account of rapid urbanisation growing health consciousness coupled with growing demand from athletes all. The largest supplement brand in india shellcal a calcium vitamin d combo product sold via doctors prescriptions is only worth 70 million.

Standards for health supplements and nutraceuticals are specified under food safety and standards health supplements nutraceuticals food for special dietary use food for special medical purpose functional food and novel food regulations 2016. The dietary supplements market is preliminarily driven by the paradigm shift toward preventive health management practices amid rising healthcare costs and increasing burden of lifestyle diseases. With excellent pharmaceutical manufacturing a growing interest in supplements and a fast growing economy perhaps the future of supplement pharmaceuticals for supplement companies is in india.

Do you mean. Files are delivered directly into your account within a few minutes of purchase. India dietary supplement market to reach 3 8 billion by 2022 on the back of growing consumer awareness about preventive healthcare increasing purchasing power and rising cases of lifestyle diseases such as obesity blood pressure diabetes malnutrition etc.

India dietary supplements market. Size 2 1 mb these regulations cover eight categories of functional foods namely health supplements nutraceuticals food. The global dietary supplements market size was estimated at usd 123 28 billion in 2019 and is projected to expand at a cagr of 8 2 during the forecast period.