Market Overview of Nutraceuticals in India : The complete report of Functional Foods, Probiotics and Dietary Supplements in India
Book Details
Author(s)Atharva Lifesciences Consulting
ISBN / ASINB00EOLOQTC
ISBN-13978B00EOLOQT2
Sales Rank2,192,578
MarketplaceUnited States 🇺🇸
Description
When more than a billion people want to be healthy, look beautiful and live longer – there is bound to be a big market!
India is a fast growing market for functional foods like pro-biotic yogurt and omega-3 health drinks. According to a report published earlier, the total market for nutraceuticals in India is growing at 21 per cent per annum and is valued at Rs 4,400 crore. Globally, the functional food market is estimated at USD 167 billion and is growing at 14 per cent annually.
The latent market in India is two to four times the existing market size (between INR 89 billion and INR 172 billion) with nearly 148 million
customers. Major companies like Abbott are making significant investments into this sector. Over 300 other companies are manufacturing or delivering products.
This report will help you understand the demand and market size for functional foods, nutraceuticals and pro-biotics in India.
India is a fast growing market for functional foods like pro-biotic yogurt and omega-3 health drinks. According to a report published earlier, the total market for nutraceuticals in India is growing at 21 per cent per annum and is valued at Rs 4,400 crore. Globally, the functional food market is estimated at USD 167 billion and is growing at 14 per cent annually.
The latent market in India is two to four times the existing market size (between INR 89 billion and INR 172 billion) with nearly 148 million
customers. Major companies like Abbott are making significant investments into this sector. Over 300 other companies are manufacturing or delivering products.
This report will help you understand the demand and market size for functional foods, nutraceuticals and pro-biotics in India.
