According to New Study, India's Nutraceuticals Market Should Achieve a Market Size of INR27 Billion in 2009
DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c84393) has announced the
addition of Clinical Trails in India to their offering.
Along with the growing healthcare industry in India there is an
emerging trend in 'Fast Moving Healthcare Goods (FMHG)' in India;
worldwide known as Nutraceuticals, which are by definition,
ingredients with human health benefits beyond basic nutrition.
According to Cygnus estimates, nutraceuticals market in 2007 was
INR18.75 billion and expected to grow at 20% CAGR to achieve a market
size of INR27 billion in 2009. Global nutraceuticals market is
estimated at USD120 billion in 2007 growing at 7% (CAGR).The US has
been the major market for nutraceuticals with India and China becoming
fastest growing markets. Nutraceuticals are gaining acceptance for
their ability to address several diseases. Vitamins, Minerals and
Nutrients constitute about 85% of the market while antioxidants and
anti-agents account for 10% other segments such as herbal extracts
occupy 5% of the market, globally. Cygnus has considered
nutraceuticals along with functional foods to estimate the total
market of nutraceuticals, both global and Indian market.
The report aims at recent trend in the industry, global market and
its trend, estimates of the future market, growth drivers, critical
success factors, issues and challenges, regulatory environment,
profiles of major players and their products offering. The report has
eight chapters and figures and tables showing major industry data. The
report will be useful for industry research analysts, Pharma and other
food manufacturing companies, financial institutes, and research
institutes interested in broad overview of the industry, market its
trend and future trend.
Companies Mentioned:
Clinigene
Dr Reddy's Laboratories Limited
GlaxoSmithKline
Lupin Limited
Novartis
Pfizer Limited
Ranbaxy Laboratories Limited
Torrent Pharmaceuticals Limited
Vimta Labs Limited
Cadila healthcare Unlisted in BSE / NSE
Asian Clinical Trials Limited
BioServe Clinical Research Pvt. Ltd
Clininvent Research Pvt. Ltd.,
ClinTec International
Eli Lilly and Company (India) Pvt. Ltd
iGATE Clinical Research International
Intas Pharmaceuticals
Johnson & Johnson, India
Lambda Therapeutic Research Ltd
Lotus Labs Pvt. Ltd.
Matrix Laboratories Ltd.
Merck Limited
Novo Nordisk India Private Ltd.
Pharmanet
Quintiles Research (India) Private Limited
Reliance Clinical Research Services
Roche India Ltd.,
Sanofi-Aventis (Aventis Pharma Limited)
Siro Clinpharm Pvt Ltd.
SRL Ranbaxy
Sristek
Synchron Research Pvt. Ltd.
For more information visit
http://www.researchandmarkets.com/reports/c84393
Research and Markets
Laura Wood
Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com
Copyright Business Wire 2008
