Why only Nutraceuticals?

Nutraceuticals have emerged as a center in the global market, and their significance is particularly noteworthy in the landscape of India. Forecasts indicate a substantial surge in the nutraceutical sector over the next five years, making it a focal point for both local and global players. In 2020, Asia Pacific took the lead with a robust 31% revenue share, and the forecast suggests a remarkable growth rate of 10.7% from 2020 to 2028. Presently, the largest nutraceutical markets are in India, the United States, and the European Union, indicating immense potential for manufacturers, marketers, and distributors.

In the framework of promising growth, Aesthetic Softcaps has carved a remarkable path since its inception. Starting from a single office, the company strategically positioned itself with five zonal offices across India. This geographical expansion extends to international markets in Southeast Asia, South Asia, the Middle East, Africa, and the CIS region. Mr. Pankaj Sharma, the Executive Director, envisions sustainable growth, emphasizing eco-efficient products, ethical business practices, and transparency. Notable achievements, such as swift USFDA registration and commendations from influential figures, underline the company's commitment to quality. As a WHO-GMP, ISO-certified, and FSSAI-approved entity, Aesthetic Softcaps offers comprehensive solutions to diverse needs, solidifying its reputation in the nutraceutical arena.

India's Nutraceutical Market Trend

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As per FSSAI’s recent report of Jun 2021, India’s nutraceutical market is poised to be a global leader at USD 4-5 billion. Experts and reports suggested that it will grow to approximately USD 18 billion by 2025 and puts the industry at a CAGR of 22%.

https://fssai.gov.in/upload/media/FSSAI_News_Nutri_HealthCare_22_06_2021.pdf

Market Intelligence report of International Trade Administration, an agency in the United States Department of Commerce that promotes United States exports of nonagricultural U.S. services and goods suggests India’s nutraceutical industry is expected to hold at least 3.5 percent of global market share by 2023.

https://www.trade.gov/market-intelligence/india-nutraceuticals-industry
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Financial Express in Sep 2021 quoted Nutraceutical market in India has hit critical mass, to continue rapid growth.

https://www.financialexpress.com/lifestyle/health/nutraceutical-market-in-india-has-hit-critical-mass-to-continue-rapid-growth-sameer-maheshwari-healthkart/2332279/

Business Standard Oct 2021 issue predicts Indian Nutraceuticals market to grow at over 35% annually to $18 bn in next 5 yrs

https://www.business-standard.com/article/companies/nutraceuticals-market-to-grow-at-over-35-annually-to-18-bn-in-next-5-yrs-121062200668_1.html
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Indian Retailer forecasts India’s nutraceutical market is booming in India and is expected to account for about 3% of the global market share by 2022 vis-a-vis the current 2% share.

https://www.indianretailer.com/article/whats-hot/retail-trends/why-nutraceutical-industry-is-booming-in-india.a7302/
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