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Nutraceutical industry to reach $55 – 57 bn by 2030, growing at a CAGR of 10 – 11%
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Tuesday, 30 June, 2026, 12 : 00 PM [IST]
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Our Bureau, Mumbai
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India’s nutraceutical market is valued at around $29–30 billion in 2024 and is projected to reach $37–38 billion by 2026, expanding further to $55–57 billion by 2030 — a CAGR of approximately 10.5%, according to CareEdge Ratings. The growth is being driven by rising health consciousness, higher disposable incomes, increasing lifestyle-related disorders, and demand for natural, science-backed nutrition.
The growth comes at a time when India continues to face significant nutritional deficiencies, creating a substantial opportunity for nutraceutical products to complement traditional healthcare interventions. As per NFHS-5, around 67% of children under five and 57% of women aged 15–49, are affected by anaemia, while a high burden of hidden hunger also persists, with around 61% of the population deficient in vitamin D, 53% in vitamin B12, and 19% in vitamin A. These gaps point to limited access to diverse diets and underlying socio-economic challenges, positioning nutraceuticals as a meaningful lever to bridge nutritional gaps and improve health outcomes nationally.
Ranjan Sharma, senior director, CareEdge Ratings, said, “India’s nutraceutical sector is transitioning from a wellness category to a core component of preventive healthcare. As consumers increasingly prioritise immunity, nutrition and long-term wellbeing, we expect sustained double-digit growth supported by digital distribution, policy support and rising adoption across age groups. The widening reach of e-commerce and direct-to-consumer models is also lowering entry barriers for newer brands, intensifying competition and innovation across the value chain.”
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