Product Code: ETC104983 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India is a major market for Vitamin H due to the increasing awareness about its health benefits and growing healthcare expenditure in the country. India economic growth has enabled increased access to better healthcare, leading to an increase in health consciousness among people. This has further resulted in greater demand for dietary supplements including vitamin H, which is used as a supplement for hair and nails care. Additionally, rising disposable incomes have facilitated increased spending on such products, thus propelling the growth of India Vitamin H market.
The driving forces behind this industry include changing lifestyles and rising consumer preference towards healthier food choices along with increasing base of working women who are more conscious about their appearance than ever before. Furthermore, high prevalence of nutritional deficiency-related diseases such as anaemia requiring regular supplementation through vitamins like Vitamin H will drive the market growth over the forecast period.
Availability of counterfeit products in India markets at discounted prices can hamper revenue generation from legitimate sales channels by eliminating profit margins that should be enjoyed by authorized vendors or distributors operating within legal boundaries set by regulatory agencies like FSSAI (Food Safety & Standards Authority of India). Moreover, recently imposed GST rates on pharmaceutical formulations containing biotin are expected to challenge profitability levels during near future since most companies lack pricing power even after passing it onto customers because competitors tend to follow suit quite rapidly resulting into excessive price competition across product segments and categories within relevant domain thereby restraining overall gains generated from higher turnover rate associated with expanded customer base due to improved accessibility linked with digitization initiatives taken up by several players present in value chain.
Key players operating in Indiavitamin H market include Abbott Laboratories Limited., Pfizer Inc., Merck & Co., Inc., GlaxoSmithKline plc., Herbalife Nutrition Ltd., Amway Corporation etc..
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Vitamin H Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Vitamin H Market Revenues & Volume, 2021 & 2031F |
3.3 India Vitamin H Market - Industry Life Cycle |
3.4 India Vitamin H Market - Porter's Five Forces |
3.5 India Vitamin H Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Vitamin H Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Vitamin H Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Vitamin H Market Trends |
6 India Vitamin H Market, By Types |
6.1 India Vitamin H Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Vitamin H Market Revenues & Volume, By Product, 2018 - 2031F |
6.1.3 India Vitamin H Market Revenues & Volume, By Feed Grade, 2018 - 2031F |
6.1.4 India Vitamin H Market Revenues & Volume, By Food Grade, 2018 - 2031F |
6.1.5 India Vitamin H Market Revenues & Volume, By Pharma Grade, 2018 - 2031F |
6.2 India Vitamin H Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Vitamin H Market Revenues & Volume, By Animal Feeding, 2018 - 2031F |
6.2.3 India Vitamin H Market Revenues & Volume, By Food Additives, 2018 - 2031F |
6.2.4 India Vitamin H Market Revenues & Volume, By Health Supplements, 2018 - 2031F |
6.2.5 India Vitamin H Market Revenues & Volume, By Pharma and Others, 2018 - 2031F |
7 India Vitamin H Market Import-Export Trade Statistics |
7.1 India Vitamin H Market Export to Major Countries |
7.2 India Vitamin H Market Imports from Major Countries |
8 India Vitamin H Market Key Performance Indicators |
9 India Vitamin H Market - Opportunity Assessment |
9.1 India Vitamin H Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Vitamin H Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Vitamin H Market - Competitive Landscape |
10.1 India Vitamin H Market Revenue Share, By Companies, 2024 |
10.2 India Vitamin H Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |