2024
8
India Nutraceuticals: Vitamins, Minerals and Supplements Market Report 2024
2024-11-12T18:02:20+00:00
REP748848C9_F727_463F_9A60_AA1ED8DAC0B4
2195
177289
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Report
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The vitamins, minerals and supplements market in India is witnessing a dynamic shift, driven by consumers' increasing awareness of gender- and life-stage-specific needs. Urban women are particularly focused on supplements…
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  8. India Nutraceuticals: Vitamins, Minerals and Supplements Market Report 2024

India Nutraceuticals: Vitamins, Minerals and Supplements Market Report 2024

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The vitamins, minerals and supplements market in India is witnessing a dynamic shift, driven by consumers’ increasing awareness of gender- and life-stage-specific needs. Urban women are particularly focused on supplements that support hormonal health and post-pregnancy care, while men seek solutions for muscle building, hairloss and cardiovascular health.

Ayurvedic formulations remain a dominant preference for gut health, with a trend toward integrating probiotics. The demand for holistic wellbeing supplements is surging, emphasizing benefits like immunity, energy and stress reduction. Additionally, fertility and anti-ageing supplements are gaining momentum, reflecting a broader interest in proactive health and longevity.

This report looks at the following areas:

  • Increasing interest in gender- and life-stage-specific supplements.
  • Emerging area of gut wellness
  • Favourability of Ayurvedic formulations for gut health
  • Growing demand for women-centric supplements
  • Need for men-specific wellness products
  • Rising interest in fertility and family planning supplements

Opportunities for VMS expand as Indians look to supplements to fulfil gender- and life-stage-specific needs. Gut health can grow by focusing on diagnosis and education while riding on the popularity of Ayurveda.

Anamika Banerji, Senior Research Analyst – Food and Drink, India

Market Definitions

VMS includes: single/dual vitamins and minerals, multivitamins and minerals, combinations with supplements in which vitamins and/or minerals form a main selling point, supplements – amino acids, proteins, plant/botanical extracts, seeds, fish oils, prebiotics, probiotics.

It excludes: supplements in which vitamins are naturally intrinsic to one of the ingredients and products that require prescriptions and functional foods – food and drink fortified with or rich in vitamins and minerals.

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  1. EXECUTIVE SUMMARY

    • Mintel's perspective
    • Key issues covered in this Report
    • Overview
    • Gut health is playing on the minds of Indians, now more than ever
    • Graph 1: remedies that consumers have used to treat their gastrointestinal/digestive health issues, 2024
    • Urban women are developing an appetite for women-centric supplements
    • Respond to the need for post-menopause care
    • Enhancing physical appearance is top of mind for men
    • Graph 2: benefits of interest in VMS products, by men, 2024
    • The outlook for the VMS category
  2. KEY TRENDS AND MARKET FACTORS

    • What you need to know
    • Embracing preventive healthcare for healthy ageing
    • Consumers around the world want to improve their health span
    • Global VMS brands are tapping into healthy ageing trends with pro-longevity formulations
    • Indians are beginning to recognise healthy ageing as an all-encompassing benefit
    • Graph 3: reasons for consuming vitamins, minerals and/or health supplements in the last six months, 2023
    • The 45-54s want to delay ageing; the 25-34s want to dodge the onset of health issues
    • Graph 4: 'to delay ageing' as a reason for consuming vitamins, minerals and/or health supplements, by age, 2023
    • Graph 5: 'to prevent future health issues' as a reason for consuming vitamins, minerals and/or health supplements, by age, 2023
    • Indian brand Decode Age pioneers solutions to slow down ageing
    • Consumers desire assurance and credible proof
    • Consumers face challenges choosing a product in a crowded market
    • Graph 6: agreement with the statement "It is difficult to understand the differences between supplements offering similar health benefits", 2023
    • Superior absorption is a key indicator of efficacy in the eyes of Indians
    • Graph 7: features that would encourage consumers to choose one product over another, 2023
    • Brands are talking about easier and enhanced absorption of active ingredients
    • Platforms for informed purchases are emerging
    • Tailored supplement solutions are gaining ground
    • Consumers globally are recognising the value of tailored supplements
    • Brands are addressing unique needs with demographic-specific supplements
    • Occasion-specific supplements are emerging in the global market
    • Brands are differentiating with lifestyle-specific supplements
    • Indian VMS users are warming up to the idea of personalised offerings
    • Graph 8: agreement with select statements about VMS, 2023
    • Tech solutions are boosting personalised nutrition
  3. WHAT CONSUMERS WANT AND WHY

    • What you need to know
    • Almost a third of Indians have used VMS in the last six months
    • Graph 9: consumption of VMS, 2024
    • Who are the core users of VMS?
    • Graph 10: consumption of VMS in the last six months, by gender, age, socioeconomic status and gender and employment, 2024
    • VMS users: regulars and occasionals
    • Indian consumers seek total wellbeing
    • Graph 11: health benefits of interest in vitamins, minerals and/or supplements, 2024
    • Brain health and weight loss benefits capture the interest of the well-to-do Indians
    • Graph 12: 'improving brain cognition/performance' as a select health benefit of interest in vitamins, minerals and/or supplements, 2024
    • Graph 13: 'helping with weight loss' as a select health benefit of interest in vitamins, minerals and/or supplements, 2024
    • Women see value in beauty and bone health
    • Graph 14: select health benefits of interest in vitamins, minerals and/or supplements, 2024
    • Energy and slimming supplements are expanding
    • Graph 15: % of VMS launches featuring different health claims, 2029-24
    • Consumers see value in multiple benefits and clinical data
    • Unlocking the potential of gut health
    • Digestive issues are a widespread concern in India
    • Graph 16: consumers facing gastrointestinal/digestive health issues in the last six months, 2024
    • Graph 17: frequency of experiencing gastrointestinal/digestive health issues in the last six months, by consumers who had one or more digestive issues in the last six months, 2024
    • Gut health is playing on the minds of Indians, now more than ever
    • Digestive concerns become more prominent with age
    • Graph 18: consumers facing gastrointestinal/digestive health issues in the last six months, by gender, age and region, 2024
    • Home remedies are the most popular choice; interest in Ayurvedic solutions drives usage of supplements
    • Graph 19: remedies that consumers have used to treat their gastrointestinal/digestive health issues, 2024
    • Users of antacid, laxative and prescription medicine
    • Consumers in the West region have a wider repertoire of gut health solutions
    • Graph 20: repertoire of types of remedies used to treat gastrointestinal/digestive health issues, by region, 2024
    • Well-to-do Indians are more receptive to supplements
    • Gut health supplements are poised for growth
    • Leverage the comfort associated with Ayurveda
    • Case study: Ayurveda meets probiotics in Zeroharm's gut supplement
    • Herbal extracts are popular in Indian and global markets, with the global market leading in fibre, prebiotic and probiotic formulations
    • Graph 21: % of gut health/digestive health related VMS products featuring different ingredients, 2022-24
    • Graph 22: % of VMS product launches featuring the functional-digestive claim, 2019-24
    • South Korea is at the forefront of global innovation in the digestive supplements space
    • Graph 23: % share of gut health/digestive based VMS launches, by market, 2022-24
    • Brands can get involved in the gut health journey via education and screening aids
    • Sova urges consumers to break the silence and dig deeper into their daily digestive discomforts
    • Sova creates engagement by helping consumers get to the root of their digestive issues
    • Awareness of the gut's overall health impact is spreading among consumers
    • The 360 degree impact of the gut is being discussed on social media
    • Talk about transforming health from the inside out
    • Hero probiotics for prenatal care
    • Decode the skin-gut synergy
    • Champion gut health for optimal wellness
    • Inner Health positions its probiotics as broad spectrum supplements
    • International inspiration
    • Showcase synergy of specialised ingredients to stand out
    • Sunwink: supplement presented as a lemonade premix
    • Elevate the appeal of psyllium husk
    • H&B offers a travel biotic
    • Understanding the emerging wellness needs of women
    • Working women drive the demand for VMS
    • Graph 24: consumption of VMS, by gender and employment, 2024
    • Urban women want to explore the benefits of women-centric supplements
    • Graph 25: agreement with the statement "There is a need for supplements tailored to women's unique health and nutritional needs", by region and city tier, 2024
    • Conversations about women's wellness are gaining momentum
    • Savvy women see value in VMS solutions for every life stage
    • Graph 26: benefits of interest in VMS products, by women who feel the need for women-centric supplements, 2024
    • Uptick in women-centric supplements
    • Graph 27: % of VMS product launches featuring the female and maternal claims, 2019-24
    • Herbal ingredients are a mainstay in women's supplements
    • Graph 28: top 10 ingredients in VMS products featuring the female/maternal claims, 2022-24
    • Hormonal harmony
    • Young women are interested in using VMS to manage periods
    • Graph 29: "managing issues related to periods" as a select benefit that women would like to get from VMS products, by generation, 2024
    • Graph 30: "managing issues related to periods" as a select benefit that women would like to get from VMS products, by region, 2024
    • Make daily life easier with expert PMS support
    • Spotlight physical and mental energy boost for every cycle
    • Supplements that aid management of PCOS/PCOD attract Younger Millennials
    • Provide comprehensive support for PCOS
    • India sees the emergence of supplements for PCOS management
    • Leverage the link of vitamin D levels for metabolic syndrome in PCOS
    • Nutrients to watch for PCOS women with insulin resistance
    • Fertility and family planning
    • Infertility crisis looms large over India
    • Supplements can help to nurture fertility in a stressful world
    • Usage of fertility supplements will hinge on doctors' recommendations
    • Graph 31: "improving fertility" as a select benefit that women would like to get from VMS products, by region, 2024
    • Graph 32: agreement with the statement "I will use fertility/hormone-related supplements only if recommended by a doctor", 2024
    • Foster education on fertility support
    • Proceive provides comprehensive support, endorsed by medical professionals
    • Tap into the interest in leveraging VMS for post-pregnancy care
    • Empower new mothers to look and feel their best as they embrace their active lifestyle
    • Bodywise focuses on postpartum hair recovery
    • Nurture peace of mind for new mothers
    • Menopause and beyond
    • VMS can be a menopause ally
    • Amid healthy and inclusive ageing trends, female-focused brands are offering support for the three stages of menopause
    • Menoveda harnesses the power of Ayurveda for holistic menopause support
    • Global inspiration: probiotic support for menopause
    • Help women feel good post-menopause
    • MenoSerene differentiates by spotlighting a day-night skin supplement routine
    • Men's wellness
    • Men from North India are keen to explore the benefits of VMS
    • Graph 33: agreement with the statement "There is a need for supplements tailored to men's unique health and nutritional needs", 2024
    • Enhancing physical appearance is top of mind for men
    • Graph 34: benefits of interest in VMS products, by men, 2024
    • India is ahead of the global market in cardiovascular and muscle gain claims but lags in hair health claims in men's supplements
    • Graph 35: % of VMS product launches targeted at men featuring different functional claims, 2019-24
    • VMS can be a powerful tool for muscle-builders in Tier 1 cities
    • Graph 36: "helping muscle building" as a select benefit that men would like to get from VMS products, by city tier, 2024
    • Provide unified muscle strength and vitality
    • HealthyHey Nutrition offers a power duo for hair & muscle boost
    • Offer supplements to promote hair growth for younger men
    • Graph 37: "managing hair fall/promote hair growth" as a select benefit that men would like to get from VMS products, by age, 2024
    • Offer tailored haircare for men
    • Use facts and figures for result-oriented positioning
    • Heart health is top of mind as Indians confront cardiac health concerns
    • Unleash the power of supplements for heart health
    • Address cholesterol management as a key route to heart health
    • Men are more vocal about fertility support from VMS
    • Graph 38: "improving fertility" as a select benefit of interest from VMS products, by gender, 2024
    • Men are more vocal about fertility support from VMS
    • Global inspiration: Folio Men spotlights the desire in the product name
    • Harness the familiarity of Ashwagandha in management of infertility
    • Attract men in upper tier cities with anti-ageing supplements
    • Graph 39: "anti-ageing/slowing down ageing" as a select benefit of interest from VMS products, by city tier, 2024
    • Support the changing health needs of men
    • Case study: a comprehensive, three-part daily engine for men
    • Nutrifem addresses mental fatigue for all ages
  4. APPENDIX

    • Report definition
    • Consumer survey methodology

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