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India Plant Based Nutraceuticals Market

India Plant Based Nutraceuticals Market Size, Growth, Report: By Type: Functional Food and Beverage, Dietary Supplements; By Dietary Supplements Type: Vitamin Supplements, Proteins Supplements, Calcium and Minerals Supplements, Others; By Form; By Age Group; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

India Plant Based Nutraceuticals Market Outlook

The India plant based nutraceuticals market is expected to grow at a CAGR of 15.00% in the forecast period of 2024-2032.

 

India Plant Based Nutraceuticals Market

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Increasing Health Consciousness Among Consumers is Positively Influencing the Market Growth

The Indian market for plant based nutraceuticals is witnessing robust growth following the outbreak of the COVID-19. The rising demand for food ingredients that provide medical and health benefits to boost immunity and prevent diseases is augmenting the demand for nutraceutials, hence spurring the growth of the market. In addition to this, the market is benefitting from the growing adoption of physical exercise routines, which is invigorating the demand for multivitamins, thereby supporting the market growth of plant-based nutraceuticals in the country.

Moreover, the growing importance of plant based food supplements due to their nutritious benefits is another factor propelling the growth of the market. Apart from this, factors such as increasing purchasing power of consumers resulting from rising per capita disposable incomes and the growing focus on healthy diets are additional factors supporting the growth of the market in India.

 

Plant Based Nutraceuticals: Market Segmentation

Plant based nutraceuticals refer to substances that are sourced from plants and composed of nutritious ingredients such as vitamins, minerals, proteins, fibres, probiotics, amino acids, among others, which assist in the prevention of diseases by boosting body immunity. The industry is witnessing the emergence of popular alternatives to traditional pills for the immense health benefits they offer, their shelf life, and water retention abilities vis-a-vis herb-based supplements.

 

India Plant Based Nutraceuticals Market By Segment

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By type, the market is divided into:

  • Functional Food and Beverage 
  • Dietary Supplements

Based on dietary supplements type, the market can be segmented into:

  • Vitamin Supplements
  • Proteins Supplements
  • Calcium and Minerals Supplements
  • Enzymes and Fatty Acids Supplements
  • Organ Detox Supplements
  • Others

On the basis of form, the market can be classified into:

  • Capsule
  • Tablet
  • Liquid
  • Others

On the basis of age group, the market can be divided into:

  • Adults
  • Kids

 

India Plant Based Nutraceuticals Market Report And Forecast

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Increasing Demand For Functional Foods With Medical Benefits is Augmenting the Market Growth

The growth in the Indian market for plant based nutraceuticals is being led by the rising demand for functional foods, whhch have certain health and medical benefits. This can be associated with the growing consumer inclination towards healthy diets in recent years. The growing demand for dietary supplements and healthy foods, increasing healthcare costs, and changing lifestyle, are some of the factors propelling the demand for plant based nutraceuticals in the Indian market. In addition, the rising trends of veganism and the increasing number of vegetarian population in the country is boosting the adoption of plant-based products in several industries, including neutraceuticals. This is a significant factor stmulating the growth of the market. Further, the focus on preventive healthcare is further pushing the adoption of plant based nutraceutical products. Increasing awareness, rising disposable incomes, and growing inclination towards health are thus promoting the growth of the market.

 

Key Industry Players in the India Plant Based Nutraceuticals Market

The report gives a detailed analysis of the following key players in the India plant based nutraceuticals market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Zywie Ventures Private Limited. (Oziva)
  • Organic India
  • Satiya Nutraceuticals (Plix)
  • Arbro Pharmaceuticals Private Limited
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Dietary Supplements Type
  • Form
  • Age Group
Breakup by Type
  • Functional Food and Beverage
  • Dietary Supplements
Breakup by Dietary Supplements Type
  • Vitamin Supplements
  • Proteins Supplements
  • Calcium and Minerals Supplements
  • Enzymes and Fatty Acids Supplements
  • Organ Detox Supplements
  • Others
Breakup by Form
  • Capsule
  • Tablet
  • Liquid
  • Others
Breakup by Age Group
  • Adults
  • Kids
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Zywie Ventures Private Limited. (Oziva)
  • Organic India
  • Satiya Nutraceuticals (Plix)
  • Arbro Pharmaceuticals Private Limited
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    India
7    Opportunities and Challenges in the Market
8    India Plant Based Nutraceuticals Market Analysis

    8.1    Key Industry Highlights
    8.2    India Plant Based Nutraceuticals Historical Market (2018-2023) 
    8.3    India Plant Based Nutraceuticals Market Forecast (2024-2032)
    8.4    India Plant Based Nutraceuticals Market by Type
        8.4.1    Functional Food and Beverage
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Dietary Supplements
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    India Plant Based Nutraceuticals Market by Dietary Supplements Type
        8.5.1    Vitamin Supplements
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Proteins Supplements
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Calcium and Minerals Supplements
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Enzymes and Fatty Acids Supplements
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Organ Detox Supplements
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others
    8.6    India Plant Based Nutraceuticals Market by Form
        8.6.1    Capsule
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Tablet
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Liquid
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Others
    8.7    India Plant Based Nutraceuticals Market by Age Group
        8.7.1    Adults
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Kids
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
9    Market Dynamics
    9.1    SWOT Analysis
        9.1.1    Strengths
        9.1.2    Weaknesses
        9.1.3    Opportunities
        9.1.4    Threats
    9.2    Porter’s Five Forces Analysis
        9.2.1    Supplier’s Power
        9.2.2    Buyer’s Power
        9.2.3    Threat of New Entrants
        9.2.4    Degree of Rivalry
        9.2.5    Threat of Substitutes
    9.3    Key Indicators for Demand
    9.4    Key Indicators for Price
10    Value Chain Analysis
11    Competitive Landscape

    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Zywie Ventures Private Limited. (Oziva)
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Organic India
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Satiya Nutraceuticals (Plix)
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Arbro Pharmaceuticals Private Limited
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Others
12    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    India Plant Based Nutraceuticals Market: Key Industry Highlights, 2018 and 2032
2.    India Plant Based Nutraceuticals Historical Market: Breakup by Type (INR Million), 2018-2023
3.    India Plant Based Nutraceuticals Market Forecast: Breakup by Type (INR Million), 2024-2032
4.    India Plant Based Nutraceuticals Historical Market: Breakup by Dietary Supplement Type (INR Million), 2018-2023
5.    India Plant Based Nutraceuticals Market Forecast: Breakup by Dietary Supplement Type (INR Million), 2024-2032
6.    India Plant Based Nutraceuticals Historical Market: Breakup by Form (INR Million), 2018-2023
7.    India Plant Based Nutraceuticals Market Forecast: Breakup by Form (INR Million), 2024-2032
8.    India Plant Based Nutraceuticals Historical Market: Breakup by Age Group (INR Million), 2018-2023
9.    India Plant Based Nutraceuticals Market Forecast: Breakup by Age Group (INR Million), 2024-2032
10.    India Plant Based Nutraceuticals Market Structure

Key Questions Answered in the Report

The India plant based nutraceuticals market is projcted to grow at a CAGR of 15.00% between 2024 and 2032.

The market is being driven by the rising health conscious among Indian consumers, growing focus on health, and rising purchase power of the people.

The increasing demand from healthy and functional foods and the associated medical benefits of plant-based neutraceutical products are the key industry trends propelling the growth of the market.

The different types of plant based neutraceuticals are functional food and beverage and dietary supplements.

The various types of dietary supplements of plant based neutraceuticals are vitamin supplements, proteins supplements, calcium and minerals supplements, enzymes and fatty acids supplements, and organ detox supplements, among others.

The major forms of plant based neutraceuticals are capsule, tablet, and liquid, among others.

The significant age groups of plant based nutraceuticals are adults and kids.

The major players in the industry are Zywie Ventures Private Limited. (Oziva), Organic India, Satiya Nutraceuticals (Plix), and Arbro Pharmaceuticals Private Limited, among others.

Analyst Review

The India plant based nutraceuticals market is being driven by the increasing demand for healthy and functional foods. Aided by the growing adoption of healthy diets, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 15.00%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is categorised into functional food and beverage and dietary supplements. On the basis of dietary supplements type, the market can be classified into vitamin supplements, proteins supplements, calcium and minerals supplements, enzymes and fatty acids supplements, and organ detox supplements, among others. The market, based on form, can be classified into capsule, tablet, and liquid, among others. Based on age group, the market is divided into adults and kids. The key players in the above market are Zywie Ventures Private Limited. (Oziva), Organic India, Satiya Nutraceuticals (Plix), and Arbro Pharmaceuticals Private Limited, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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