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Nutraceuticals Market in India 2012 - Press Releases
 

Nutraceuticals Market in India 2012 - Press Releases

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The healthcare industry in India is showing great progress. There has been considerable increase in spending on healthcare backed by the growing purchasing power of individuals. Moreover, with a lot ...

The healthcare industry in India is showing great progress. There has been considerable increase in spending on healthcare backed by the growing purchasing power of individuals. Moreover, with a lot of importance being given to preventive medication, the nutraceuticals market in India is set to flourish. It is one of the booming markets in India. Predominantly vitamins and minerals derived from oral pills were used for curing certain diseases and ailments. People today are becoming more prone to consume immunity enhancing food supplements and wellness related products. This is promoting the growth of the industry with players diversifying into production of various new varieties of products. Further assistance from the government and increasing demand from consumers will fuel growth in this market.

The report begins with an introduction to the Indian nutraceuticals market and its classification on the basis of the ingredients and benefits incurred from them. This is followed by the market overview section which provides the market size and growth as well as the market share of the various segments in the market, namely, functional foods, dietary supplements and functional beverages. A detailed description of each segment in the market along with the dominant products in the particular category has also been provided. Focusing on one the major sub-segments, an overview of the probiotic market in India has been included. This segment has been highlighted owing to the fact that it is one of the most promising categories under the nutraceutical market and has huge growth potential in the near future with growing interests of players. The genesis of probiotics has been highlighted showing the types dominant in India and the key therapeutic benefits derived from them. This section also contains information regarding the market size and growth of probiotics in functional foods in India as well as the key segments and the active players in this space.

This is followed by an analysis of the drivers leading to growth in the market. This includes increasing shift towards preventive therapies, increasing disposable income, increase in healthcare spending, increasing shift towards self-medication, changing demographics, growth in pharmacy and wellness related retail chains and favorable pricing environment. The key challenges to the market include lack of standardization, marketing and distribution challenges, high pricing and lack of awareness. Several trends have also been identified in the market and this has been provided in the next section. The key trends include fortified foods, ayurvedic nutraceuticals, foreign tie-ups, players educating consumers, encapsulation, and cosmeceuticals and nanoceuticals. A section on government regulations in the industry has also been included. It discusses the Food Safety and Standards Act 2006 that regulates the industry.

The competition section provides an overview of the competitive landscape in the industry and

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    Nutraceuticals Market in India 2012 - Press Releases Nutraceuticals Market in India 2012 - Press Releases Document Transcript

    • FOR IMMEDIATE RELEASEIncreasing tendencies of using preventive therapies driving nutraceuticals market, finds NetscribesNetscribes (India) Pvt. Ltd., launches Nutraceuticals Market in India 2012 report covering a market whichhas a strong foothold in India. It is a part of Netscribes’ Healthcare Industry Series reports.Mumbai, India – March 6, 2012 – Netscribes (India) Pvt. Ltd., a knowledge consulting solutionscompany, announces the launch of its report Nutraceuticals Market in India 2012. The Indian market fornutraceuticals is showing great promise with increasing consumption of functional foods and beveragesowing to growing health consciousness amongst consumers. Due to the changing patterns of healthcarespending on newer varieties of food and beverages, demand for newer segments such as probiotics isincreasing. This phenomenon is providing opportunities to the players to expand their reach and productvarieties. The growing target base is providing the market with significant growth opportunities andplayers can benefit tremendously.The report begins with an introduction to the Indian nutraceuticals market and its classification on the basisof the ingredients and benefits incurred from them. This is followed by the market overview section whichprovides the market size and growth as well as the market share of the various segments in the market,namely, functional foods, dietary supplements and functional beverages. A detailed description of eachsegment in the market along with the dominant products in the particular category has also been provided.Focusing on one the major sub-segments, an overview of the probiotic market in India has been included.This segment has been highlighted owing to the fact that it is one of the most promising categories underthe nutraceutical market and has huge growth potential in the near future with growing interests of players.The genesis of probiotics has been highlighted showing the types dominant in India and the keytherapeutic benefits derived from them. This section also contains information regarding the market sizeand growth of probiotics in functional foods in India as well as the key segments and the active players inthis space.This is followed by an analysis of the drivers leading to growth in the market. This includes increasingshift towards preventive therapies, increasing disposable income, increase in healthcare spending,increasing shift towards self-medication, changing demographics, growth in pharmacy and wellnessrelated retail chains and favorable pricing environment. The key challenges to the market include lack ofstandardization, marketing and distribution challenges, high pricing and lack of awareness. Several trendshave also been identified in the market and this has been provided in the next section. The key trendsinclude fortified foods, ayurvedic nutraceuticals, foreign tie-ups, players educating consumers,encapsulation, and cosmeceuticals and nanoceuticals. A section on government regulations in the industryhas also been included. It discusses the Food Safety and Standards Act 2006 that regulates the industry.The competition section provides an overview of the competitive landscape in the industry and includes adetailed profile of the major players in the market. The Porter’s Five Forces analysis for the nutraceuticalsmarket is provided in this section. A summary of the major public players operating in the market has alsobeen provided in the form of a bubble chart. A bubble chart has also been provided for the major privateplayers. It also includes the list of products and services, key people, financial snapshot, key ratios and keyrecent developments for the major players.The various financial transactions as well as the key recent development that have taken place in themarket have been also been provided in the subsequent sections. A section providing strategic
    • recommendations has been added at the end of the report which gives effective solutions to existing andpotential players for improving market share and increasing their profitability.For more details on the content of each report and ordering information please contact:Tamojit RoyTel: +91 33 4064 6215Email: tamojit.roy@netscribes.comAbout Netscribes (India) Pvt. Ltd.Netscribes (www.netscribes.com) is a pioneering knowledge consulting and solutions firm with clienteleacross the globe. The company’s expertise spans areas of investment & business research, business &corporate intelligence, publishing services and customized knowledge database creation. At its core lies atrue value proposition that draws upon a vast knowledge base.For more information please write to info@netscribes.com Netscribes (India) Private Limited, Podar Center, 85 Parel Post Office Lane, Off Dr. Ambedkar Road, Parel (East) Mumbai 400 012, Maharashtra, India.