India Dietary Supplements Market Size, Growth, Trends, Top Companies, Industry Share and Business Opportunities 2023-2028

According to IMARC Group’s latest report, titled “India Dietary Supplements Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the India dietary supplements market size reached INR 436.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 958.1 Billion by 2028, exhibiting a growth rate (CAGR) of 13.5% during 2023-2028.

Year Considered to Estimate the Market Size:

• Base Year of the Analysis: 2022
  
  
• Historical Period: 2017-2022
  
  
• Forecast Period: 2023-2028

Dietary supplements are products that are intended to supplement the diet with additional nutrients, such as vitamins, minerals, herbs, or other substances. They are typically taken in the form of pills, capsules, tablets, or liquids, and are marketed as a way to help people maintain or improve their health. While dietary supplements can be helpful in providing extra nutrients that are lacking in a person's diet, they are not a substitute for a healthy diet and lifestyle.

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Market Trends:

The increasing awareness regarding the importance of maintaining good health and preventing disease represents a key factor driving the market growth across India. Apart from this, the rapid expansion of modern retail channels in the country, such as supermarkets, hypermarkets, and e-commerce platforms, has made it easier for consumers to access dietary supplements, which, in turn, is contributing to the market growth. The market is also being driven by the easy availability of dietary supplements at affordable price points. In addition to this, the rising demand for natural and organic products is boosting the growth of the market. Other factors, such as the rising incidences of lifestyle diseases, increasing urbanization, and escalating consumer expenditure capacities, are creating a positive outlook for the market across the country.

India Dietary Supplements Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the India dietary supplements market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• 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

Key Market Segmentation:

The report has segmented the India dietary supplements market based on product type, form, distribution channel, application, end-use and region.

Breakup by Product Type:

• Vitamin and Mineral Dietary Supplements
• Herbal Dietary Supplements
• Protein Dietary Supplements
• Others

Breakup by Form:

• Tablets
• Capsules
• Powders
• Liquids
• Soft Gels
• Gel Caps

Breakup by Distribution Channel:

• Pharmacies and Drug Stores
• Supermarkets and Hypermarkets
• Online Channels
• Others

Breakup by Application:

• Additional Supplements
• Medicinal Supplement
• Sports Nutrition

Breakup by End-Use:

• Infant
• Children
• Adults
• Pregnant Women
• Old-Aged

Breakup by Region:

• North India
• East India
• West and Central India
• South India

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Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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