Top 4 Companies in the India Plant Based Nutraceuticals Market

The India plant-based nutraceuticals market is expected to grow at a CAGR of 15.00% in the forecast period of 2024-2032. As per the analysis by Expert Market Research, the market is expected to be driven by the rising demand for functional foods.

Plant-based nutraceuticals are sourced from natural ingredients, which typically makes them safer and associated with fewer side effects. Plant-based nutraceuticals are emerging as a significant force in the health and wellness industry. These natural compounds, derived from plants, provide a diverse array of benefits, including enhanced immunity, support for cognitive function, promotion of gut health, and reduction of inflammation.

Popular plant-based nutraceuticals include turmeric, ginger, green tea, ashwagandha, and resveratrol. As per the India plant-based nutraceuticals market analysis, turmeric contains curcumin, its active compound, which possesses strong anti-inflammatory and antioxidant properties. Ginger is known for providing digestive support and effectively alleviating nausea and vomiting. Green tea is rich in antioxidants and catechins, contributing to overall health and well-being. Resveratrol, found in red grapes and red wine, offers cardiovascular benefits and helps protect cells from damage. Additionally, ashwagandha is an adaptogenic herb that aids in stress management and supports cognitive function.

India boasts 52 distinct agro-climatic zones, which grants the country access to an extensive variety of medicinal plants. This diversity offers a rich array of native ingredients suitable for use in nutraceuticals. The Eastern Ghats are home to approximately 1,800 species of medicinal plants, including rosary pea. The Indo-Gangetic Region features around 528 medicinal plants, among which are neem, bel, shatavari, brahmi, and punarnava. Additionally, the Western Himalayas boasts a diverse array of medicinal plants, such as haritaki, gooseberry, liquorice, and ashwagandha.

Figure: India Production in Dietary Supplements Market (2018 - 2019) (INR Million)

The increasing incidence of diabetes, obesity, thyroid disorders, cardiovascular disease (CVD), and other lifestyle-related conditions has resulted in a significant rise in the consumption of nutraceuticals and dietary supplements throughout India.

In February 2022, Arbro Pharmaceuticals launched its plant-based cosmetics and nutraceutical line of products in India. The product line named Ningen. Shop has a range of products containing flower, fruit, and plant extracts. The line offers specialized nutraceutical capsules such as fish oil, almond oil, flaxseed oil etc.

Top 4 Plant Based Nutraceuticals Companies in India:

Zywie Ventures Private Limited. (Oziva)

Oziva is a leading clean-label active nutrition brand based in India. The company’s 100% clean, natural products are sold by Zywie Ventures Private Ltd. The company’s product categories include protein, meal replacement, multivitamins, biotin, collagen, hair serum, face serums, hormonal health, and superfoods. Oziva provides its products for health concerns such as weight management, fitness, hair health, skin health, vitamin deficiency, PCOS or PCOD, and general wellness.

Organic India

The company is certified with HACCP, GMP, ISO 9001-2015 and Kosher Certifications, and also have Organic Certifications from Control Union and SGS as per USDA, EU and NPOP Organic Standards. The company’s product categories include tea and infusions, herbal supplements, personal care, staple and packaged food, and wellness and detox program. The company’s products are made from carefully curated selection of herbs cultivated by their organic farmer partners in India.

Satiya Nutraceuticals (Plix)

The company’s product portfolio includes dairy-free, mock meat, protein and supplement, chocolate and sweets, grocery, home and Petcare, personal care and fashion. The company provides supplements such as B vitamins, biotin, calcium, multivitamin, omega 3, vitamin c, vitamin d, zinc, and other supplements. The proteins provided by the company include protein powder - pea and seeds, protein powder - pea and brown rice, protein powder – soy, hemp protein powder, protein bites and high protein soups, and protein drinks.

Arbro Pharmaceuticals Private Limited

Arbro is engaged in the manufacture of pharmaceutical formulations majorly for Human and Veterinary use. Arbro operates both domestically in India and in international export markets, with over 75% of its total production dedicated to exports. The company has registered approximately 200 products, which are consistently exported to a variety of countries, including Afghanistan, Iraq, CIS countries, and various African nations.