India Dietary Supplements Market: Industry Outlook, Size (INR 847.9 Billion), Share, Growth (CAGR of 14%), Top Companies Analysis, Report 2022-2027

According to IMARC Group's latest report, titled "India Dietary Supplements Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the India dietary supplements market size reached INR 376.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 847.9 Billion by 2027, exhibiting a CAGR of 14% during 2022-2027.

India Dietary Supplements Market Trends:

The changes in eating habits, the absence of physical activity, and the rising sedentary lifestyles have propelled the occurrences of various lifestyle diseases, such as blood pressure, obesity, diabetes, cardiovascular problems, etc., which are among the primary factors driving the India dietary supplements market. Besides this, the increasing consciousness in individuals toward personal health and well-being, the inflating disposable income of consumers, the improving distribution networks, and the expanding healthcare infrastructure are further augmenting the market growth. Moreover, the growing popularity of dietary supplements among consumers, owing to the emerging trend of urbanization, fast-paced lifestyles, and hectic schedules, is also catalyzing the market across India. Apart from this, the improving awareness levels have made individuals more familiar with their nutritional requirements, which are acting as significant growth-inducing factors. Furthermore, the elevating number of fitness centers, health clubs, and gymnasiums that promote the use of these components as a way of managing weight is anticipated to propel the India dietary supplements market over the forecasted period.

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Competitive Landscape With Key Players:

The competitive landscape of the India dietary supplements market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Amway India Enterprises Private Limited
• Herbalife International India Private Limited
• Dabur India Limited
• Abbott India Limited
• Kraft Heinz India Private Limited
• Himalaya Drug Company
• Sun Pharmaceutical Industries Limited
• GlaxoSmithKline Consumer Healthcare Limited
• Danone Nutricia International Private Limited
• Patanjali Ayurved Limited

Industry Definition and Application:

Dietary supplements refers to a concentration of essential nutrients that are either extracted from food sources or artificially synthesized. The major function of these components is to fulfill the nutritional requirements of the human body and is usually consumed in the form of a capsule, tablet, pill, or liquid. Dietary supplements can provide nourishment individually or in combination, depending upon the requirements of the body. These components are rich in minerals, herbs, vitamins, enzymes, amino acids, and other ingredients. The preliminary goal of consuming dietary supplements is to fulfill the nutritional gap in the body and prevent diseases and other lifestyle-related problems. As a result, these components are extensively available across supermarkets, pharmacies, hypermarkets, drug stores, online channels, etc.

Key Market Segmentation:

The report has segmented the India dietary supplements market based on product type, form, distribution channel, application, end use and region.

Market Breakup by Product Type:

• Vitamin and Mineral Dietary Supplements
• Herbal Dietary Supplements
• Protein Dietary Supplements
• Others

Market Breakup by Form:

• Tablets
• Capsules
• Powder
• Liquid
• Soft Gels
• Gel Caps

Market Breakup by Distribution Channel:

• Pharmacies and Drug Stores
• Supermarkets and Hypermarkets
• Online Sales
• Others

Market Breakup by Application:

• Additional Supplements
• Medicinal Supplement
• Sports Nutrition

Market Breakup by End Use:

• Infant
• Children
• Adults
• Pregnant Women
• Old-Aged

Market Breakup by Region:

• North India
• East India
• West and Central India
• South India

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Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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This release was published on openPR.