India Dietary Supplements Market Size 2023-2028, Industry Trends and Business Opportunities

The latest report published by IMARC Group, titled "India Dietary Supplements Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The India dietary supplements market size reached INR 436.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 958.1 Billion by 2028, exhibiting a growth rate (CAGR) of 13.5% during 2023-2028.

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India Dietary Supplements Market Trends:

The market is primarily driven by the increasing consumer demand. Additionally, the growing health awareness and focus on personal health and wellness among Indian consumers are contributing to the market growth. In line with this, changing dietary patterns, sedentary routines, and hectic work schedules led to imbalanced diets and reduced physical activity. As a result, consumers are turning to dietary supplements providing the necessary vitamins, minerals, and other nutrients to complement their diets and support their health needs, thus driving the market growth.

Moreover, the growing occurrences of lifestyle diseases such as diabetes, hypertension, obesity, and cardiovascular issues represent another major growth-inducing factor. Besides this, the growing geriatric population with specific nutritional needs requires dietary supplements to support healthy aging, bone health, and cognitive function are accelerating the product adoption rate. Apart from this, the rising demand for dietary supplements among gym-goers and fitness and sports enthusiasts to enhance performance, support muscle recovery, and meet their nutritional requirements is propelling the market growth. Furthermore, the rising disposable incomes, improvements in healthcare infrastructure, and Improved distribution networks are creating a positive market outlook.

India Dietary Supplements Market 2023-2028 Competitive Analysis and Segmentation:

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

Key Market Segmentation:

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

Breakup by Product Type:

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

Breakup by Form:

• Tablets
• Capsules
• Powders
• Liquids
• Soft Gels
• Gel Caps

Breakup by Distribution Channel:

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

Breakup by Application:

• Additional Supplements
• Medicinal Supplement
• Sports Nutrition

Breakup by End-Use:

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

Breakup by Region:

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

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Industry Definition and Application:

Dietary supplements include one or more dietary ingredients, such as vitamins, minerals, herbs, amino acids, or other substances. They are intended to supplement the diet and supply nutrients that may be missing or insufficient in an individual's diet. These supplements are not intended to replace or substitute for a balanced diet but to complement it. They often address nutritional deficiencies, support health and well-being, or target certain health conditions. At present, dietary supplements are available in various forms, including capsules, tablets, powders, and liquids across India.

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• 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.