Over the past decade, there has been a drastic change in the lifestyles of Indians. Adoption of fast foods and packaged foods and a sedentary lifestyle has led to an increase in the incidences of lifestyle diseases such as diabetes, cardiovascular diseases, and obesity. As a result, Indian consumers, predominantly the higher socio-economic and upper middle class, are perceiving nutraceuticals as alternatives to prescription drugs. The use of dietary supplements is not limited to fulfillment of the daily requirement of particularly required nutrients, but consumers are also considering the functional health benefits of these supplements for prevention of diseases. The nutraceuticals industry is one of the rapidly growing markets in India.
According to a recent report, the nutraceuticals industry in India is worth more than $ 4 billion and is projected to grow at CAGR of more than 18% from 2017-18 to 2022-23. In Nutraceuticals industry, Dietary Supplement Segment contributes more than 60% followed by functional food and beverages. Dietary Supplement holds the largest share in the market and the market is composed of more than 460 participants. In Dietary Supplement, Protein and Herbal Supplement Market contribute more than 40% in the Dietary supplement market. In the forecasted period, it is expected that Protein and herbal supplement market will cross more than 10000 crore mark up to 2022-23.
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| India Protein and Herbal supplement Market |
The report titled India Protein and Herbal Supplement Market Overview, 2018-2023 provides a comprehensive analysis of the Protein and herbal Supplement in India. The report offers a complete guide to the size and share of the market at a national level. Along with historical data, it also provides the latest sales data - thus allowing you to identify the market segments driving growth. The report also identifies leading companies and brands, along with examining competition among them. Forecasts through five years demonstrate how the market is set to change in coming years. It employs comprehensive and iterative research methodology focused on minimizing errors in order to provide the most accurate estimates and forecast possible.
The objective of the study:
- To present an Indian overview on protein and Herbal Supplement industry
- To analyze and forecast the market size of India Protein and Herbal Supplement Market, in terms of value and volume
- To define, classify and forecast Protein & Herbal Supplement market on the basis of segments like Protein Supplement, Dietary Supplement, Protein Powder and Protein Bar and Herbal Supplements.
- To strategically profile leading players, which are operating in the Protein and Herbal Supplement market of India.
Approach for the Report:
It performed primary as well as secondary research for this study. Initially, a list of manufacturers and suppliers operating in the Protein & Herbal Supplement Market of India were sourced through secondary sources. With the identified companies and consumers, primary research was carried out which included conducting online surveys, competitor analysis and exhaustive personal interviews - both face to face as well as the telephonic basis, to extract maximum information from participants like industry executives/ distributors or consumers. Primary research gave us an idea of company revenues, export, pricing, geographical presence, channel partner model, USP etc. and also helped us to identify various small players who otherwise have less presence on the web.
Scope of the Report:
India Protein and Herbal Supplement Market Overview, 2018-2023 discusses the following aspects of Protein and Herbal Supplement
Market in India:
- India Malt Health Drink Market Outlook
- India Neutraceutical Market Size By Value & Forecast
- India Neutraceutical Market Segmental Analysis: By Segment
- India Dietary Supplement Market Size By Value & Forecast
- India Protein Supplement Market Size By Value & Forecast
- India Protein Powder Market Size By Volume & Forecast
- India Protein Bar Market Size By Value & Forecast
- India other Protein Supplement Market Size By Value & Forecast
- Key Vendors in this market space
Intended Audience:
This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to Protein and Herbal Supplement industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Contact Details:
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+91 9987295242 | contact@aarkstore.com | aarkstore.com
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