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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
India Dietary Supplement Market Outlook
The India dietary supplement market size was valued at USD 5.91 billion in 2023, driven by the increasing awareness about the importance of healthy lifestyle across India. The market is anticipated to grow at a CAGR of 15.82% during the forecast period of 2024-2032 to achieve a value of USD 22.15 billion by 2032.
Dietary Supplement: Introduction
Dietary supplements are supplements provide nutrients that are comparatively less or are deficit in an individual’s body. These supplements come in various forms with different forms of administrations. Dietary supplements could be used to enhance and strengthen the inner strength, along with providing significant health benefits.
India Dietary Supplement Market Analysis
The demand for dietary supplements in India is primarily driven by the rising awareness about the importance of maintaining health and fitness. People’s diets nowadays do not suffice the nutritional requirement of the human body and thus these supplements have become a necessity. With the fast and hectic lifestyles, people are increasingly inclining towards these supplements to maintain their health, leading to the India dietary supplement market growth.
The growth of the market is also being driven by the rising prevalence of lifestyle disorders, which is propelling more people to take care of their health. Dietary supplements have now become an essential part of people's lives. Apart from this, the rising prevalence of hair loss is significantly aiding the demand for dietary supplements. More key players in the regions are coming up with innovative products type, like tablets, powder, mints, drinks, and energy bars, among others. These products are extremely beneficial if used judiciously.
High and easy availability of the product, along with its affordability directly contributes to the India dietary supplement market expansion. The development of the market in the region is also driven by the rising key players across the country. With more people opting for dietary supplements, the competition among the key players is becoming intense, leading to more product launches in the market.
India Dietary Supplement Market Segmentations
Market Breakup by Product Type
- Vitamin
- Combination Dietary Supplement
- Herbal Supplement
- Fish Oil and Omega Fatty Acid
- Protein
- Other
Market Breakup by Doses Form
- Tablets
- Capsules
- Powder
- Liquids
- Soft Gels
- Others
Market Breakup by Application
- Energy and Weight Management
- General Health
- Bone and Joint Health
- Immunity
- Others
Market Breakup by Distribution Channel
- Pharmacies and Drug Stores
- Supermarkets and Hypermarkets
- Online
- Others
Market Breakup by End User
- Infants
- Children
- Adults
- Pregnant Females
- Geriatric
- Others
Market Breakup by Region
- North
- West
- South
- East
India Dietary Supplement Market Overview
The increasing prevalence of lifestyle diseases, such as obesity and cardiovascular diseases, are increasing the consumption of dietary supplements in the Indian market. Additionally, the increasing disposable incomes is directly contributing to the India dietary supplement market development. High availability of the dietary supplements in India, whether it is offline or online distribution channel, is also acting as a major driver for the market.
India Dietary Supplement Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Dabur India Limited
- Herbalife International India Private Limited
- Amway India Enterprises Private Limited
- The Himalaya Drug Company
- Abbott India Limited
- Kraft Heinz India Private Limited
- Sun Pharmaceutical Industries Limited
- GlaxoSmithKline Consumer Healthcare Limited
- Danone Nutricia International Private Limited
- Patanjali Ayurved Limited
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Doses Form |
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| Breakup by Application |
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| Breakup by Distribution Channel |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 5.91 billion in 2023, driven by the rising awareness about the importance of maintaining healthy diets.
The market is anticipated to grow at a CAGR of 15.82% during the forecast period of 2024-2032 and reach a market value of USD 22.15 billion by 2032.
The growth of the market is being driven by the rising disposable incomes, growing awareness about the importance of health and fitness, and the rising number of key players in the market.
The increasing awareness about health and the benefits of consuming the dietary supplements is major key trends in the India dietary supplement market.
The major regions of the market include North, West, South, and East.
The different types of products in the market are vitamin, combination dietary supplement, herbal supplement, fish oil and omega fatty acid, and protein, among others.
The different forms of doses in the market are tablets, capsules, powder, liquids, and soft gels, among others.
The different applications of the dietary supplements in the market are energy and weight management, general health, bone and joint health, immunity, among others.
The different end users in the market are infants, children, adults, pregnant females, and geriatric, among others.
The different distribution channels in the market are pharmacies and drug stores, supermarkets and hypermarkets, online, among others.
Key players involved in the market are Dabur India Limited, Herbalife International India Private Limited, Amway India Enterprises Private Limited, The Himalaya Drug Company, Abbott India Limited, Kraft Heinz India Private Limited, Sun Pharmaceutical Industries Limited, GlaxoSmithKline Consumer Healthcare Limited, Danone Nutricia International Private Limited, and Patanjali Ayurved Limited.
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