2023
8
India Nutraceuticals: Vitamins, Minerals and Supplements Market Report 2023
2023-12-01T10:01:52+00:00
REPCC4AA225_653C_4230_8C5A_2DC6D5B739CB
2195
168698
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Report
en_GB
Boost usage of VMS by positioning products that support healthy ageing and mental wellbeing. Offer enhanced/easy absorption to showcase efficacy. Anamika Banerji, Research Analyst - Food and Drink, India…
India
Vitamins, Minerals and Supplements
simple

India Nutraceuticals: Vitamins, Minerals and Supplements Market Report 2023

Boost usage of VMS by positioning products that support healthy ageing and mental wellbeing. Offer enhanced/easy absorption to showcase efficacy.

Anamika Banerji, Research Analyst – Food and Drink, India

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  1. EXECUTIVE SUMMARY

    • Key issues covered in this Report
  2. KEY TRENDS AND MARKET FACTORS

    • Innovation activity in the VMS space
    • Graph 1: new product launches in the VMS category, 2018-23
    • Graph 2: % of VMS launches, by launch type, 2021-23
    • Graph 3: % of VMS launches with different functional claims, 2021-23
    • Graph 4: % of VMS launches with different functional claims, 2021-23
    • Graph 5: % of VMS launches with select claims related to naturalness and eliminations of nasties, 2018-23
    • Graph 6: % of VMS launches in different formats, 2018-23
    • Graph 7: % of VMS launches that are unflavoured, 2018-23
    • Graph 8: % of VMS launches in different flavours, 2018-23
    • Emotional wellbeing comes under the spotlight
    • Mintel Trend: Age Reframed
    • Graph 9: VMS launches with healthy ageing* positioning in the last five years, 2018-23**
    • Graph 10: % of share of VMS launches with healthy ageing* positioning, by market, 2018-23
  3. WHAT CONSUMERS WANT AND WHY

    • Graph 11: consumption of VMS, 2022 vs 2023
    • Graph 12: agreement with select statements about supplements, 2023
    • Graph 13: VMS launches, 2018-23
    • Graph 14: agreement with the statement “I intend to spend more on vitamin, mineral and/or supplement products in the next one year”, 2023
    • Graph 15: agreement with the statement “I intend to spend more in vitamin, mineral and/or supplement products in the next one year”, 2023
    • Graph 16: select reasons for consuming VMS, 2023
    • VMS for healthy ageing
    • Graph 17: reasons for consuming vitamins, minerals and/or health supplements in the last six months, 2023
    • Graph 18: ‘to prevent future health issues’ as a reason for consuming vitamins, minerals and/or health supplements, by age, 2023
    • Graph 19: ‘to delay ageing’ as a reason for consuming vitamins, minerals and/or health supplements, by age, 2023
    • Graph 20: agreement with select statements about VMS, by consumers with select reasons for consuming VMS, 2023
    • Graph 21: consumption of VMS, by consumers with select reasons for consuming VMS, 2023
    • Graph 22: health benefits of interest in health supplements, 2023
    • Graph 23: agreement with the statement “Supplements that help to protect the health of vital organs (eg the liver and kidneys) appeal to me”, 2023
    • Health goals of consumers
    • Graph 24: health benefits of interest in health supplements, 2023
    • Graph 25: % launches of VMS featuring energy and beauty benefits, 2020-23
    • Graph 26: select health benefits of interest in health supplements, by generation, 2023
    • Graph 27: interest in eye health benefit from supplements, by generation, 2023
    • Graph 28: reasons for consuming health supplements in the last six months, 2023
    • Graph 29: select health benefits of interest in health supplements, by age, 2023
    • Graph 30: % share of VMS launches with stress & sleep claim, by market, 2022-23
    • Graph 31: % launches of VMS with stress and sleep claim, 2018-23
    • Graph 32: top three ingredients of interest in VMS, 2022
    • Graph 33: % share of VMS launches offering stress and sleep claim with ashwagandha as an ingredient, 2018-23
    • Emerging areas of interest
    • Graph 34: ‘aid in weight loss’ as a health benefit of interest in supplements, by reason of consuming VMS, 2023
    • Graph 35: ‘aid in weight loss’ as a health benefit of interest in health supplements, by city tier, 2023
    • Graph 36: % launches with select ingredients in VMS launches featuring the slimming claim, 2022-23
    • Graph 37: % of VMS launches featuring the slimming claim, 2018-23
    • Graph 38: % share of VMS launches featuring the sliming claim, by market, 2022-23
    • Graph 39: ‘improve brain cognition/performance’ as a health benefit of interest in health supplements, 2023
    • Graph 40: ‘improve cardiovascular health’ as a health benefit of interest in health supplements, 2023
    • How consumers choose VMS products
    • Graph 41: agreement with the statement “It is difficult to understand the differences between supplements offering similar health benefits”, 2023
    • Graph 42: features that would encourage consumers to choose one product over another, 2023
    • Graph 43: features that would encourage consumers to choose one product over another, 2023
    • Graph 44: features that would encourage consumers to choose one product over another, 2023
    • Graph 45: features that would encourage consumers to choose one product over another, 2023
    • Potential to personalise VMS
    • Graph 46: agreement with select statements about VMS, 2023
    • Graph 47: willingness to pay more for personalised supplements, 2023
    • Graph 48: agreement with select statements about VMS, 2023
    • Positioning VMS for different wellness segments
    • Graph 49: usage of VMS, by wellness segments, 2023
    • Graph 50: agreement with select statements about VMS, by wellness segments, 2023
  4. APPENDIX

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