Nutraceutical market grows 20% in 3 years achieves remarkable growth:ICAR Business Standard dated 16th June 2023

CMFRI, Library (2023) Nutraceutical market grows 20% in 3 years achieves remarkable growth:ICAR Business Standard dated 16th June 2023. Business Standard.

Text Business Standard_16-06-2023.pdf Download (54kB)

Abstract

A workshop on natural biopolymers has observed that the demand for nutraceutical products has increased in recent years, resulting in remarkable sector growth, with a compound annual growth of 20 percent over the past three years. This trend is driven by increasing health awareness among the public and a growing emphasis on preventive healthcare. Projections indicate that the nutraceutical market in India will expand from an estimated USD 4 billion to an impressive USD 18 billion by the end of 2025, according to experts. The workshop was organised by the ICAR-Central Marine Fisheries Research Institute (CMFRI) under the Scientific Social Responsibility (SSR) Policy at the institute.

Actions (login required)

View Item