India Functional Supplements Market Anticipated to Reach USD 86.10 Billion by 2033

The latest report by IMARC Group, "India Functional Supplements Market Size, Share, Trends and Forecast by Product Type, Formulation Type, Health Benefits, Distribution Channel, and Region, 2025-2033", offers a comprehensive analysis of the India Functional Supplements Market.

The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The India functional supplements market size reached USD 42.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 86.10 Billion by 2033, exhibiting a growth rate (CAGR) of 8.16% during 2025-2033.

Report Attribute and Key Statistics:

Base Year: 2024
Forecast Years: 2025-2033
Historical Years: 2019-2024
Market Size in 2024: USD 42.50 Billion
Market Forecast in 2033: USD 86.10 Billion
Market Growth Rate (2025-2033): 8.16% CAGR

Overview of India Functional Supplements Market:

India functional supplements market is growing at a high rate with growing health awareness, rising disposable incomes, urbanization, and increasing focus towards preventive healthcare. Demand for supplements facilitating immunity, energy, digestion, and overall well-being is growing, particularly in the post-pandemic period. The market is also supported by the growth of the e-commerce channel, health and fitness trends, and a growing demand for natural, plant-based ingredients among health-aware consumers.

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India Functional Supplements Market Trends and Drivers:

The Indian functional supplements industry is experiencing a shift towards preventive healthcare, with consumers actively looking for products that provide specific health benefits. This is driven by easy access to health information, social media, and educational campaigns. The COVID-19 pandemic has further accelerated this awareness, resulting in continued demand for immunity, energy, and overall wellness supplements. For example, in August 2024, Denzour Nutrition, a leading Indian company renowned for its natural and potent sports supplements, launched its foray into the organic nutraceuticals segment, targeting athletes as well as the masses who want to improve their health and fitness using nature's finest ingredients.

Key drivers for the market are the growing incidence of lifestyle disorders, rising urbanization, and expanding disposable incomes. The move towards preventive medicine has fueled the demand for functional supplements targeting particular health issues like immunity, digestion, and stress management. Furthermore, the widening e-commerce horizon has made the products available to a larger base of consumers, further contributing to market growth.

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India Functional Supplements Market of Key Growth Drivers:

• Increasing health awareness and preventive healthcare adoption.
• Rising prevalence of lifestyle-related diseases.
• Growing disposable incomes and urbanization.
• Expanding e-commerce platforms enhancing product accessibility.
• Surging demand for natural, plant-based ingredients.

India Functional Supplements Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and national levels for 2025-2033. The report has categorized the market based on product type, formulation type, health benefits, distribution channel, and region.

Product Type Insights:
• Vitamins and Minerals
• Probiotics
• Omega-3 Fatty Acids
• Proteins and Amino Acids
• Others

Formulation Type Insights:
• Tablets
• Capsules
• Powders
• Liquids
• Others

Health Benefits Insights:
• Immunity
• Digestive Health
• Heart Health
• Bone and Joint Health
• Others

Distribution Channel Insights:
• Pharmacies and Drug Stores
• Supermarkets and Hypermarkets
• Online Stores
• Others

Regional Insights:
• North India
• West and Central India
• South India
• East India

Competitive Landscape:

The market study report also provided an in-depth analysis of the competition. Competitive analysis such as market structure, positioning of major players, top winning strategies, competitive dashboard, and company evaluation quadrant has been provided in the report. Further, complete-profile analysis of all top players has been provided.

Key companies include:

• Amway India Enterprises Pvt. Ltd.
• Herbalife International India Pvt. Ltd.
• Dabur India Ltd.
• Himalaya Wellness Company
• Patanjali Ayurved Limited
• GNC Holdings Inc.
• Abbott India Ltd.
• Sun Pharmaceutical Industries Ltd.
• Zydus Wellness Ltd.
• Baidyanath Group

India Functional Supplements Market News:

• August 2024: Denzour Nutrition announced its entry into the organic nutraceuticals segment, aiming to cater to both athletes and health-conscious consumers seeking natural and effective supplements.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.

This release was published on openPR.