Navi Mumbai, India: Market Report on India present the latest report on “India Dietary Supplements Market by product type (Protein Supplements, Vitamins & minerals, Herbals, Probiotic, & Others), Forecast & Opportunities, 2021”, This report help to gain an in-depth understanding of the dietary supplements market in India & to identify the on-going trends and anticipated growth in the next five years.
Dietary supplements are products consumed in the form of either powder, tablets/capsule or liquid in order to fulfil the deficiency caused by lack of balanced diet. They can be further classified into various by product types such as, Vitamins & Minerals, Herbal dietary Supplements, Protein, etc. Moreover, owing to changing lifestyle, rising health consciousness, and rising per capita income is driving the dietary supplements market in India. Cities in India such as, Delhi/NCR, Mumbai, Hyderabad, Bengaluru, Chandigarh, Chennai, Kolkata etc., have witnessed industrial growth at a much faster pace as compared to other states in India, and are also the hub for major FDI inflows in the country. Thus, these cities have also witnessed significant rise in lifestyle diseases such as, blood pressure, malnutrition, over-weight, etc., thereby propelling demand for dietary supplements. Furthermore, inclining preference towards preventive healthcare to avoidrising cost of medical treatments, coupled with growing adoption of dietary supplements by athletes and innovative marketing strategies are further anticipated to drive India dietary supplements market in the coming years.
According to “India Dietary Supplements Market By Type, By Point of Sale, By Top City, Competition Forecast & Opportunities, 2021”, the dietary supplements market in India is projected to exhibit a CAGR of 11.60% during 2016-2021, on account of rapid urbanisation, growing health consciousness, coupled with growing demand from athletes all across the country. Moreover, dietary supplements can be...