India leads the Asia Pacific market with the highest number of new food, drink and supplement launches with immune system-boosting claims since the pandemic began. While all supplements sales have gone up, emerging ingredients include postbiotics and parabiotics. Devendra Chawla, CEO of Spencer’s Retail and Nature’s Basket told the Times...
India to Promote Research on Traditional Medicines
With increasing demand for traditional medicines in the domestic and global market, India's federal Ministry of Ayush (f0r alternative medicines) and the country's premier research agency, Council of Scientific and Industrial Research (CSIR), signed a Memorandum of Understanding to boost prospects of Indian herbal products in the global market. Under...
India's Nutraceuticals Market to Reach $6.1 Billion by 2020
According to 'Emerging Indian Nutraceutical Market', by the Associated Chambers of Commerce and Industry of India and business consultancy services firm RNCOS, the Indian nutraceuticals market is projected to touch to $6.1 billion by 2020. "Higher purchasing power has prompted Indians to be more health conscious and adopt a healthy diet routine completed with...
India’s Tata Chemicals Enters the Nutraceuticals Business
Eighteen months ago, Tata Chemicals, set up a plant in the southern city of Chennai in India which now produces more than 800 tons of nutraceuticals a year. By 2020 Tata Chemicals is looking at a target of 10,000 tons of fructooligosaccharides (FOS) and galactooligosaccharides (GOS), carbohydrates that are dietary...