The India Vitamins Market is anticipated to expand at a significant compound annual growth rate (CAGR) of 7.68% during the assessment period. Vitamins are essential elements that the body requires in trace quantities to maintain optimal health and regular operation. Among other functions, they promote healthy epidermis, strengthen the immune system, help the body convert food into energy, and aid in growth and development. There are two categories into which thirteen essential vitamins are classified: fat-soluble (such as vitamins A, D, E, and K) and water-soluble (such as vitamins C and the B vitamins).
The India supplements market's expansion is primarily driven by the increasing health consciousness of the population and the increasing interest of consumers in fitness activities. Additionally, businesses that are engaged in the Indian market may discover that the country's growing health and wellness movement presents them with lucrative opportunities. Nevertheless, the market's expansion may be impeded by adverse effects associated with excessive vitamin consumption.
Market Segmentation
The Indian market comprises a variety of vitamin categories, including vitamin B, vitamin E, vitamin D, vitamin C, vitamin A, vitamin K, and multivitamins.
The market has been segmented into natural and synthetic segments according to the source.
The Indian vitamins market is segmented into five categories based on their application: pharmaceuticals, food and beverages, feed, personal care, and dietary supplements and nutraceuticals.
The Indian vitamin market has been segmented into categories such as powder, tablet/capsule, and other forms.
The India vitamins market has been segmented into the following age groups: Gen Alpha, Gen X, Gen Z, Millennials, and Boomers.
The India Vitamins Market has been segmented into two categories based on the target gender: men and women.
The India Vitamins Market has been segmented into store-based and non-store-based segments according to the distribution channel.
The India vitamins market is segmented into four regions: the North, East, West, and South.
Key Players
The market is dominated by the following companies: Abbott, Cipla, BASF SE, DSM, United Laboratories, Himalaya Wellness, Glanbia Plc, Bionova, Amway India Enterprises Pvt. Ltd., and Haleon Group of Companies.
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