What is the Future of Nutraceuticals in India?
The nutraceutical sector of India is projected to become a global giant. It is likely to grow to a range of USD 4 and 5 billion. By the year 2025, it will increase to around USD 18 billion. The market size for dietary supplements in India stood at USD 3924.44 million in 2020. As per forecast, it is going to grow to USD 10,198.57 million by the year 2026. Year on year growth rate stands at 22%. Many Best Neutraceutical Companies in India are providing the finest nutraceutical products to expand their business and sales. The persistent pandemic and growing interest in preventive health have spurred rapid growth in this industry. Indian consumers have begun to seek immunity-boosting supplements, which have caused an obvious shift in purchasing habits and market patterns. Evidence of this more open consumer behaviour towards health products includes vitamin pills, chewable tablets, and gummies. Increase in Preventive Care Preventive health care has become an essential form of ...