The global nutraceutical market currently stands at an impressive USD 400 billion, yet India’s share remains under 2%. Nevertheless, manufacturers of nutraceutical products in India are quickly attempting to change this narrative. Plus, they are positioning themselves as serious contenders in the international supply chain. In fact, India’s nutraceutical market is set to grow from USD 4-5 billion to approximately USD 18 billion by 2025. With over 1,700 medicinal plants, including globally recognized ingredients like curcumin and ashwagandha. Nutraceutical manufacturers in India are uniquely positioned to meet the increasing global demand. So, as the world progresses toward healthier consumption patterns. Hence, the international market is slowly beginning to appreciate the country’s nutraceutical offerings stemming from India’s quality and innovation. Dial +91-7807753712 or write to us at alexipharmicia@gmail.com for detailed information.
India Emerging as a Key Supplier of Nutraceuticals to the Global Market
India’s contribution to the world nutraceuticals market is increasing. Hence, this is due to high biodiversity, growing manufacturing capabilities, and increased consumer preference towards natural health products. Some medicinal plants like curcumin, ashwagandha, and turmeric aid in this scope as well. Nutraceutical manufacturers in India are also meeting global supply requirements for herbal and phyto-based supplements. Furthermore, the features of the Indian manufacturing industry have changed owing to the adjustments made in the Indian production infrastructure, quality management systems, R&D investments as well as worldwide expectations on product effectiveness, safety, and sustainability.
Benefits of Collaboration with Nutraceutical Manufacturers in India
Competitive Pricing: Nutraceutical product manufacturers in India offer competitive pricing without compromising on production standards. This ensures that global companies get quality products at affordable prices.
International Quality Standards: Most Indian manufacturers follow global quality certifications like GMP, FDA, and WHO. Hence, it will ensure international safety and efficacy guidelines.
New Product Development: Indian nutraceutical manufacturers are adopting advanced technologies and research-based solutions. Moreover, it will help to meet consumer health needs.
Scalability and Flexibility: Capability to produce large volumes with the flexibility to respond to changing market requirements.
Sustainability and Ethical Practices: With a priority on sustainability, Nutraceutical products in India focus on Eco-friendly and ethical sourcing of raw materials.
Research & development capabilities: Rising R&D investments by Indian manufacturers enable the formulation of science-backed formulations. Moreover, it will address contemporary health trends such as immunity, anti-ageing, and digestive wellness.
Access to rich biodiversity: India has more than 1,700 medicinal plants, including globally renowned ingredients like curcumin, ashwagandha, and turmeric.
Wrap Up
India currently holds less than 2% of the global nutraceuticals market. However, in the years to come, Nutraceutical manufacturers in India stand a good chance to enhance their stature. For that, Alexi Pharmicia Pvt. Ltd. is one of the well-known names in the pharma industry. Hence, you must look forward to the growing prospects that the global nutraceuticals industry offers. Plus, the projected growth from USD 4-5 billion to USD 18 billion by 2025 demonstrates this remarkable potential. Globally recognized ingredients like curcumin and ashwagandha already showcase India’s ability to meet international quality standards and market demands.
As health-conscious consumers worldwide seek high-quality nutraceutical products. Alexi Pharmicia, one of the leading Nutraceutical product manufacturers in India, is ready to help you.
FAQs
Q1. What is the current size of the nutraceutical market in India?
Ans. The nutraceutical market in India is valued at USD 4-5 billion, with projections indicating significant growth to approximately USD 18 billion by 2025.
Q2. How does India’s nutraceutical market compare to the global market?
Ans. India’s share of the global nutraceutical market is less than 2% despite the market being valued at around USD 400 billion.
Q3. What gives Indian nutraceutical manufacturers a competitive edge?
Ans. Thus, there are over 1,700 medicinal plants and ingredients like curcumin and ashwagandha. Hence, India’s biodiversity provides a unique advantage to Indian manufacturers in fulfilling international markets’ needs. Most healthcare providers in the world already recognise some of the medicinal plants from India.
Q4. How are Indian nutraceutical products perceived internationally?
Ans. Indian nutraceutical products are becoming a household name because of their innovation and quality, as the world’s population is more focused on what is considered healthy eating.
Q5. What is the growth rate of the Indian nutraceutical market?
Ans. The Indian nutraceutical market is booming. The market is set to grow from USD 4-5 billion in 2020 to USD 18 billion by 2025. That is an unprecedented growth rate of 400 percent in just 5 years.