India’s nutraceuticals market to reach £2.7billion by 2017
Published
29th Aug 2013
The nutraceuticals market in India is set for significant growth in the next five years, with an expected annual turnover of £2.7bn (US$4.2bn) by 2017, according to the India Nutraceuticals Market Forecast & Opportunities, 2017 report.
Released by market researchers TechSci Research, the report attributes the growing popularity of nutraceutical products in India to a combination of rising disposable incomes and an increased health consciousness.
The spread of lifestyle-induced illnesses and their related healthcare costs is also seen as one of the drivers behind the Indian market’s nascent but robust interest in nutraceuticals.
