India Dietary Supplements Market Synopsis
India Dietary Supplements Market is growing at a rapid rate, by the upsurge in health and wellness products among Indians. Also, the growth is attributed to changing lifestyles, rising disposable incomes, awareness about the advantages of supplements, and an increasing number of fitness enthusiasts in the country. Moreover, online sales channels have also made a significant contribution to this growth due to convenience and a larger selection of options for customers compared to traditional brick-and-mortar stores.
According to 6Wresearch, the India Dietary Supplements Market size is set to witness growth during 2020-26. The increasing awareness among consumers about the importance of sustaining good health and well-being has propelled the India Dietary Supplements Market Growth. Also, this has caused an upsurge in demand for dietary supplements to attain desired fitness levels. Additionally, higher disposable income levels have enabled more people to buy premium products. Furthermore, advancements in technology have enabled manufacturers to produce modern products that are modified according to individual needs and lifestyles.
Key Players in the India Dietary Supplements Market
The India dietary supplements Industry is highly competitive, with several key players dominating the sector. Some of the major players in this market include;
- Himalaya Wellness
- Amway India Enterprises Pvt Ltd.
- Dabur India Limited
- Herbalife International India Pvt Ltd.
- Nestle SA.
Key attractiveness of the report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2016 to 2019.
- Base Year: 2019.
- Forecast Data until 2026.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
COVID-19 Impact on the India Dietary Supplements Market
The pandemic has had a significant influence on the Indian Dietary Supplements Market Size owing to the increasing number of health-conscious consumers. However, lockdowns have caused supply chain disruptions leading to shortages of certain ingredients and products. In addition, the economic disorder has shifted consumer spending habits, pushing them towards cheaper alternatives, thus reducing the growth rate of some segments of the market.
Key Highlights of the Report:
- Market Opportunity Assessment By Distribution Channel
- India Dietary Supplements Price Trends
- Forecast of India Dietary Supplements Market, 2026
- India Dietary Supplements Top Companies Market Share
- India Dietary Supplements Porter's Five Forces
- Market Opportunity Assessment By Ingredient
- India Dietary Supplements Competitive Benchmarking By Technical and Operational Parameters
- India Dietary Supplements Import Export Trade Statistics
- India Dietary Supplements Market Drivers and Challenges
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