India Dietary Supplement Market Report and Forecast 2023-2031

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $5,999	120 Pages	Expert Market Research	July, 2023	EMAR18103740

Best Price Guarantee
Price	from $5,999
Length	120 Pages
Publisher	Expert Market Research
Published Date	July, 2023
SKU	EMAR18103740

India Dietary Supplement Market Report and Forecast 2023-2031

India Dietary Supplement Market Outlook:

The India dietary supplement market size was valued at USD 5.1 billion in 2022, driven by the increasing awareness of healthy lifestyle across India. The market size is anticipated to grow at a CAGR of 15.71% during the forecast period of 2023-2031 to achieve a value of USD 19.1 billion by 2031.

Dietary Supplement: Introduction

Dietary supplements are products intended to supplement the diet and provide essential nutrients, vitamins, minerals, or other beneficial substances. They come in various forms, including pills, capsules, powders, liquids, and gummies, and are designed to complement a healthy diet and lifestyle. The purpose of dietary supplements is to bridge nutritional gaps and support overall health and well-being. They are often taken to meet specific dietary needs, address nutritional deficiencies, enhance athletic performance, or support certain health conditions. The dietary supplements market is driven by factors such as growing awareness of the importance of nutrition, increasing focus on preventive healthcare, and the rising demand for natural and organic products. Consumers are seeking ways to optimize their health and are willing to invest in dietary supplements that offer potential benefits.

Key Trends in the India Dietary Supplement Market

Key trends in the India dietary supplements market include:

Increasing consumer awareness and adoption: There is a growing awareness among Indian consumers about the importance of nutrition and maintaining a healthy lifestyle. This has led to an increased adoption of dietary supplements as a means to meet nutritional requirements and support overall health.
Demand for natural and herbal products: There is a strong preference for natural and herbal dietary supplements in India. Consumers are seeking products that are derived from natural sources and free from synthetic ingredients or additives. This trend is driving the market towards offering more plant-based and Ayurvedic formulations.
Personalized nutrition: The concept of personalized nutrition is gaining traction in India. Consumers are looking for customized dietary supplements that are tailored to their specific needs and health goals. This trend is driven by advancements in technology, such as DNA testing and health profiling, which allow for more targeted and personalized recommendations.
E-commerce and online sales: The rise of e-commerce platforms has significantly impacted the dietary supplements market in India. Online channels offer convenience, a wide range of product options, and easy access to information and reviews. As a result, more consumers are turning to online platforms to purchase their dietary supplements.
Regulatory changes and quality control: The Indian dietary supplements market has witnessed regulatory changes aimed at ensuring product safety and quality. This includes stricter labeling requirements, ingredient regulations, and mandatory quality control standards. These regulations are expected to improve consumer trust and drive the market towards safer and higher quality products.

India Dietary Supplement Market Segmentations

Market Breakup by Product Type

Vitamin
Combination Dietary Supplement
Herbal Supplement
Fish Oil and Omega Fatty Acid
Protein
Other

Market Breakup by Doses Form

Tablets
Capsules
Powder
Liquids
Soft Gels
Others

Market Breakup by Application

Energy and Weight Management
General Health
Bone and Joint Health
Immunity
Others

Market Breakup by Distribution Channel

Pharmacies and Drug Stores
Supermarkets and Hypermarkets
Online
Others

Market Breakup by End User

Infants
Children
Adults
Pregnant Females
Geriatric
Others

Market Breakup by Region

North
West
South
East

India Dietary Supplement Market Scenario

The dietary supplements market in India has witnessed significant growth in recent years. With the increasing awareness of the importance of nutrition and wellness, consumers are seeking dietary supplements as a convenient and effective way to meet their nutritional needs. The market offers a wide range of products, including vitamins, minerals, herbal extracts, probiotics, and protein supplements.

The growing health consciousness among Indian consumers, coupled with the rising incidence of lifestyle diseases, has fuelled the demand for dietary supplements. Factors such as changing dietary habits, sedentary lifestyles, and increasing disposable incomes have contributed to the market's expansion.

The market is characterized by the presence of both domestic and international players, offering diverse product portfolios to cater to various health concerns and target consumer segments. Additionally, e-commerce platforms have emerged as a popular channel for the distribution of dietary supplements, providing consumers with easy access to a wide range of products and information.

Overall, the India dietary supplements market offers immense growth opportunities driven by changing consumer preferences, increasing health consciousness, and favorable market dynamics. With the right strategies and product innovations, companies can capitalize on the growing demand for dietary supplements in India.

India Dietary Supplement Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

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

*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

*Please Note:* The report will take 7 business days to complete, after order confirmation.

1 Preface: 1.1 Objectives of the Study; 1.2 Key Assumptions; 1.3 Report Coverage – Key Segmentation and Scope; 1.4 Research Methodology
2 Executive Summary
3 India Dietary Supplement Market Overview: 3.1 India Dietary Supplement Market Historical Value (2016-2022); 3.2 India Dietary Supplement Market Forecast Value (2023-2031)
4 India Dietary Supplement Market Dynamics: 4.1 Market Drivers and Constraints; 4.2 SWOT Analysis; 4.3 Porter’s Five Forces Model; 4.4 Key Demand Indicators; 4.5 Key Price Indicators; 4.6 Industry Events, Initiatives, and Trends; 4.7 Value Chain Analysis
5 India Dietary Supplement Market Segmentation: 5.1 India Dietary Supplement Market by Product Type; 5.1.1 Market Overview; 5.1.2 Vitamin; 5.1.3 Combination Dietary Supplement; 5.1.4 Herbal Supplement; 5.1.5 Fish Oil and Omega Fatty Acid; 5.1.6 Protein; 5.1.7 Other; 5.2 India Dietary Supplement Market by Doses Form; 5.2.1 Market Overview; 5.2.2 Tablets; 5.2.3 Capsules; 5.2.4 Powder; 5.2.5 Liquids; 5.2.6 Soft Gels; 5.2.7 Others; 5.3 India Dietary Supplement Market by Application; 5.3.1 Market Overview; 5.3.2 Energy and Weight Management; 5.3.3 General Health; 5.3.4 Bone and Joint Health; 5.3.5 Immunity; 5.3.6 Others; 5.4 India Dietary Supplement Market by Distribution Channel; 5.4.1 Market Overview; 5.4.2 Pharmacies and Drug Stores; 5.4.3 Supermarkets and Hypermarkets; 5.4.4 Online; 5.4.5 Others; 5.5 India Dietary Supplement Market by End User; 5.5.1 Market Overview; 5.5.2 Infants; 5.5.3 Children; 5.5.4 Adults; 5.5.5 Pregnant Females; 5.5.6 Geriatric; 5.5.7 Others; 5.6 India Dietary Supplement Market by Region; 5.6.1 Market Overview; 5.6.2 North; 5.6.3 West; 5.6.4 South; 5.6.5 East
6 Patent Analysis: 6.1 Analysis by Type of Patent; 6.2 Analysis by Publication year; 6.3 Analysis by Issuing Authority; 6.4 Analysis by Patent Age; 6.5 Analysis by CPC Analysis; 6.6 Analysis by Patent Valuation; 6.7 Analysis by Key Players
7 Grants Analysis: 7.1 Analysis by year; 7.2 Analysis by Amount Awarded; 7.3 Analysis by Issuing Authority; 7.4 Analysis by Grant Application; 7.5 Analysis by Funding Institute; 7.6 Analysis by NIH Departments; 7.7 Analysis by Recipient Organization
8 Funding Analysis: 8.1 Analysis by Funding Instances; 8.2 Analysis by Type of Funding; 8.3 Analysis by Funding Amount; 8.4 Analysis by Leading Players; 8.5 Analysis by Leading Investors; 8.6 Analysis by Geography
9 Partnership and Collaborations Analysis: 9.1 Analysis by Partnership Instances; 9.2 Analysis by Type of Partnership; 9.3 Analysis by Leading Players; 9.4 Analysis by Geography
10 Regulatory Framework: 10.1 Regulatory Overview; 10.1.1 US FDA; 10.1.2 EU EMA; 10.1.3 INDIA CDSCO; 10.1.4 JAPAN PMDA; 10.1.5 Others
11 Suppliers Landscape: 11.1 Dabur India Limited; 11.1.1 Financial Analysis; 11.1.2 Product Portfolio; 11.1.3 Demographic Reach and Achievements; 11.1.4 Mergers and Acquisitions; 11.1.5 Certifications; 11.2 Herbalife International India Private Limited; 11.2.1 Financial Analysis; 11.2.2 Product Portfolio; 11.2.3 Demographic Reach and Achievements; 11.2.4 Mergers and Acquisitions; 11.2.5 Certifications; 11.3 Amway India Enterprises Private Limited; 11.3.1 Financial Analysis; 11.3.2 Product Portfolio; 11.3.3 Demographic Reach and Achievements; 11.3.4 Mergers and Acquisitions; 11.3.5 Certifications; 11.4 The Himalaya Drug Company; 11.4.1 Financial Analysis; 11.4.2 Product Portfolio; 11.4.3 Demographic Reach and Achievements; 11.4.4 Mergers and Acquisitions; 11.4.5 Certifications; 11.5 Abbott India Limited; 11.5.1 Financial Analysis; 11.5.2 Product Portfolio; 11.5.3 Demographic Reach and Achievements; 11.5.4 Mergers and Acquisitions; 11.5.5 Certifications; 11.6 Kraft Heinz India Private Limited; 11.6.1 Financial Analysis; 11.6.2 Product Portfolio; 11.6.3 Demographic Reach and Achievements; 11.6.4 Mergers and Acquisitions; 11.6.5 Certifications; 11.7 Sun Pharmaceutical Industries Limited; 11.7.1 Financial Analysis; 11.7.2 Product Portfolio; 11.7.3 Demographic Reach and Achievements; 11.7.4 Mergers and Acquisitions; 11.7.5 Certifications; 11.8 GlaxoSmithKline Consumer Healthcare Limited; 11.8.1 Financial Analysis; 11.8.2 Product Portfolio; 11.8.3 Demographic Reach and Achievements; 11.8.4 Mergers and Acquisitions; 11.8.5 Certifications; 11.9 Danone Nutricia International Private Limited; 11.9.1 Financial Analysis; 11.9.2 Product Portfolio; 11.9.3 Demographic Reach and Achievements; 11.9.4 Mergers and Acquisitions; 11.9.5 Certifications; 11.10 Patanjali Ayurved Limited; 11.10.1 Financial Analysis; 11.10.2 Product Portfolio; 11.10.3 Demographic Reach and Achievements; 11.10.4 Mergers and Acquisitions; 11.10.5 Certifications
12 India Dietary Supplement Market - Distribution Model (Additional Insight): 12.1 Overview; 12.2 Potential Distributors; 12.3 Key Parameters for Distribution Partner Assessment
13 Key Opinion Leaders (KOL) Insights (Additional Insight)
14 Company Competitiveness Analysis (Additional Insight): 14.1 Very Small Companies; 14.2 Small Companies; 14.3 Mid-Sized Companies; 14.4 Large Companies; 14.5 Very Large Companies
15 Payment Methods (Additional Insight): 15.1 Government Funded; 15.2 Private Insurance; 15.3 Out-of-Pocket; *Additional insights provided are customisable as per client requirements.