Product Code: ETC352104 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The vitamins & supplements market in India was valued at US$ 4 billion in 2018 and is expected to witness robust growth over forecast period. This can be attributed mainly due its wide range applications across various industries including healthcare industry, food & beverage industry etc., along with growing emphasis on preventive healthcare amongst individuals resulting into higher consumption rate compared other countries globally. Along with this, rising disposable income levels coupled with penetration of organized retail sector has enabled individuals access high quality products easily thus propelling segmental growth significantly during recent past years. Furthermore, numerous new product launches catering every customer?s needs along with strong presence digital marketing platforms have been instrumental behind its significant rise since past few years especially amongst millennial population who prefer online shopping rather than relying upon local stores or medical shops for purchasing related products.
The India vitamins and supplement market is witnessing robust growth due to several drivers. The primary driver is the increasing health awareness among consumers. People are becoming more conscious of their dietary habits and the need to supplement their diets with essential vitamins and nutrients. Changing lifestyles and dietary patterns have also contributed to the demand for vitamins and supplements. Busy schedules, processed food consumption, and limited access to fresh produce have led to nutritional gaps, which are being addressed through supplement consumption. Moreover, the rise of chronic diseases and lifestyle-related health issues has bolstered the demand for vitamins and supplements. Consumers are seeking products that can support their immune system, improve cardiovascular health, and manage conditions such as obesity and diabetes. Additionally, the expansion of e-commerce and online retail platforms has made vitamins and supplements more accessible to consumers across India, further fueling market growth.
The India vitamins and supplement market faces challenges related to product quality and authenticity. With the increasing popularity of dietary supplements, there is a risk of counterfeit and adulterated products entering the market. Ensuring product authenticity and adherence to safety standards is crucial to maintain consumer trust. Additionally, there is a need for clearer regulations and guidelines for labeling and marketing of vitamins and supplements. Misleading claims and inaccurate labeling can misguide consumers and affect their purchasing decisions.
The COVID-19 pandemic has resulted in a surge in demand for vitamins and supplements in India. With growing health concerns during the pandemic, consumers have been actively seeking ways to support their immune systems and overall well-being, leading to increased sales of vitamins and supplements. Moreover, the e-commerce sector has played a significant role in the growth of the vitamins and supplement market during the pandemic. With restrictions on physical retail stores, consumers turned to online platforms to purchase these products, driving the growth of online supplement sales.
In the India vitamins and supplement market, key players consist of both domestic and international companies. Some major players include Amway India Enterprises Pvt. Ltd., Herbalife Nutrition Ltd., The Himalaya Drug Company, GlaxoSmithKline Consumer Healthcare Ltd., and Nestl? India Ltd. These companies offer a wide range of vitamins and dietary supplements catering to different nutritional needs and health goals.
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 Vitamins And Supplement Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Vitamins And Supplement Market Revenues & Volume, 2021 & 2031F |
3.3 India Vitamins And Supplement Market - Industry Life Cycle |
3.4 India Vitamins And Supplement Market - Porter's Five Forces |
3.5 India Vitamins And Supplement Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Vitamins And Supplement Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 India Vitamins And Supplement Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Vitamins And Supplement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Vitamins And Supplement Market Trends |
6 India Vitamins And Supplement Market, By Types |
6.1 India Vitamins And Supplement Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Vitamins And Supplement Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Vitamins And Supplement Market Revenues & Volume, By Multivitamins, 2021-2031F |
6.1.4 India Vitamins And Supplement Market Revenues & Volume, By Calcium Supplements, 2021-2031F |
6.1.5 India Vitamins And Supplement Market Revenues & Volume, By Pediatric Supplements, 2021-2031F |
6.1.6 India Vitamins And Supplement Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Vitamins And Supplement Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 India Vitamins And Supplement Market Revenues & Volume, By Capsule, 2021-2031F |
6.2.3 India Vitamins And Supplement Market Revenues & Volume, By Tablet, 2021-2031F |
6.2.4 India Vitamins And Supplement Market Revenues & Volume, By Powder, 2021-2031F |
6.2.5 India Vitamins And Supplement Market Revenues & Volume, By Liquid/Gel, 2021-2031F |
6.3 India Vitamins And Supplement Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Vitamins And Supplement Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.3.3 India Vitamins And Supplement Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 India Vitamins And Supplement Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.5 India Vitamins And Supplement Market Revenues & Volume, By Online Retails, 2021-2031F |
7 India Vitamins And Supplement Market Import-Export Trade Statistics |
7.1 India Vitamins And Supplement Market Export to Major Countries |
7.2 India Vitamins And Supplement Market Imports from Major Countries |
8 India Vitamins And Supplement Market Key Performance Indicators |
9 India Vitamins And Supplement Market - Opportunity Assessment |
9.1 India Vitamins And Supplement Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Vitamins And Supplement Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 India Vitamins And Supplement Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Vitamins And Supplement Market - Competitive Landscape |
10.1 India Vitamins And Supplement Market Revenue Share, By Companies, 2024 |
10.2 India Vitamins And Supplement Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |