India Dietary Supplements Market Size, Trends & Forecast 2019-2024

*As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

India Dietary Supplements Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The Indian dietary supplement market grew at a CAGR of 16% during 2013-2018. A dietary supplement is a concentration of essential nutrients that are either extracted from food sources or are artificially synthesized. The major function of dietary supplements is to fulfill the nutritional requirements of the human body and is usually consumed in the form of a pill, capsule, tablet, or liquid. A supplement can provide nutrition either individually or in combination, depending upon the requirements of the consumer’s body. Dietary supplements are rich in vitamins, minerals, herbs, enzymes, amino acids, and various other ingredients. The primary goal of consuming supplements is to fulfill the nutritional gap in the body in order to prevent diseases and other lifestyle related problems.

The primary factor driving the Indian dietary supplements market is the increasing health consciousness among the consumers. Factors such as changes in eating habits, absence of physical activity and rising sedentary life styles have increased the occurrences of various lifestyle diseases such as diabetes, blood pressure, obesity, cardiovascular problems, etc. Moreover, improving awareness levels have also made consumers more aware on their nutritional requirements. With consumers unable to fulfil their nutritional requirements through their regular diets, they are now recognizing the importance of nutritional supplements to fulfill their nutritional gaps. Other factors driving this market include, rising disposable incomes, upgradation of the healthcare infrastructure, improving distribution networks, etc.

IMARC Group’s latest report provides a deep insight into the Indian dietary supplements market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian dietary supplements market in any manner.

Report Scope:

Historical, Current and Future Market Trends
Market Breakup by Product Type
- Vitamin and Mineral Dietary Supplements
- Herbal Dietary Supplements
- Protein Dietary Supplements
- Others
Market Breakup by Form
- Tablets
- Capsules
- Powder
- Liquid
- Soft Gels
- Gel Caps
Market Breakup by Distribution Channel
- Pharmacies and Drug Stores
- Supermarkets and Hypermarkets
- Online Sales
- Others
Market Breakup by Application
- Additional Supplements
- Medicinal Supplement
- Sports Nutrition
Market Breakup by End-Use
- Infant
- Children
- Adults
- Pregnant Women
- Old-Aged
Market Breakup by Region
- North India
- East India
- West and Central India
- South India
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Amway India Enterprises Private Limited, Herbalife International India Private Limited, Dabur India Limited, Abbott India Limited, Kraft Heinz India Private Limited, Himalaya Drug Company, Sun Pharmaceutical Industries Limited, GlaxoSmithKline Consumer Healthcare Limited, Danone Nutricia International Private Limited, Patanjali Ayurved Limited, etc.

Key Questions Answered in This Report:

How has the Indian dietary supplements market performed so far and how will it perform in the coming years?
What are the key regional markets in the Indian dietary supplements industry?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the form?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end-use?
What are the various stages in the value chain of the Indian dietary supplements industry?
What are the key driving factors and challenges in the Indian dietary supplements industry?
What is the structure of the Indian dietary supplements industry and who are the key players?
What is the degree of competition in the Indian dietary supplements industry?
What are the profit margins in the Indian dietary supplements industry?

Report Coverage:

Base Year Considered: 2018
Historical Data Coverage: 2013-2018
Market Forecast: 2019-2024
Currency: US$
Geography Covered: India
Segments Covered: Product Type, Form, Distribution Channel, Application, End-Use, and Region

Report Customization: Although IMARC has tried to cover everything in the dietary supplements market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20 man hours of free customization for each report.