PRESENTED BY: AMIT CHAUHAN PRATOSH PANDEY SHWETA MEHRISHI VINEET KUMAR
INTRODUCTION
Nutraceuticals are frequently referred to as "dietary supplements" or "nutritional supplements.
Nutraceuticals are essentially prophylactic or preventive. They represent a different approach to medicine, one based on nutrition and the health or wellness of the whole body, rather than treating the symptoms or effects of disease.
Types of Neutraceuticals
TRADITIONAL NEUTRACEUTICALS These are available in medical format such as tablet, capsules and powders in prescribed dose.
NON TRADITIONAL NEUTRACEUTICALS These are also called as modern neutraceuticals as they are available in forms of food or included in foods or as a whole food itself such as probiotic drinks and yoghurt.
Nutrition needs by all segments of population to promote normal healthy life. Nutrition requirred by the population during specific condition such as pregnancy, lower intake of nutrients in diet etc. Nutrition requirred of over nourished population with enhanced nutrient and calorie intake due to their special requirrement such as sports person, gym proffesionlas, extreme sports proffesionals
2.
3.
Foundation needs
3
2 1 0 Rural Urban 1.9 2.5
Current Trends
Ayurvedic neutraceuticals
Fortified foods
Foreign tie-ups
Trends
Affordability
Affluence
Drivers
Awareness
Accessibility
Drivers
Affluence :-
Affordability :reducing affordability of sick care, driving consumers towards wellness. Awareness :increase physicians awareness and media penetration. Accessibility :increase accessibility due to emergence of newer channels.
PRICING
LACK OF STANDARDISATION
CHALLENGES
LACK OF AWARENESS
Plethico
company acquired USD100 million neutraceutical company NATROL Inc. Ready to launch 700 odd products in indian and global markets.
Divis Laboratories
Set up INR350 million neutraceutical plant in india. Company has already developed vitamins products such as Astaxanthin, Betacarotene and lycopene.
Cont..
Mission vivacare is investing over INR800 million in modern manufacturing facilities to launch its product under the brand name mission vivaprime
Plans to open up 300 retail stores in India in 2012, has an exclusive master franchisee tie ups with Guardian Pharmacy. Operates around 5000 retail stores worldwide.