Top Nutraceutical Manufacturers in Mumbai – This article intends to provide you with a list of the best nutraceutical manufacturing companies in Mumbai. Nutraceutical products have snatched attention broadly over the last few years. It is a wide term that is used to mention any product derived from food sources with additional health benefits.
About Nutraceuticals
As we can see, the term ‘Nutraceutical’ is a combination of two words – ‘Nutrition’ & ‘Pharmaceutical.’ It was coined by Dr. S. De Felice (chairman at the Foundation for Innovation in Medicine) in the year 1989. He defined the term in the following words, ‘Nutraceutical is a food or a part of a food, that is generated to bring medical health benefits alongside treating and preventing diseases.’
Given the severe environmental conditions to live in, Indians are now more attentive to their health than ever before. People have started using some medicinally-approved products that provide extra nutritional values besides regular treatment philosophy. In India, nutraceutical products are sold under the name of FMHG (Fast Moving Healthcare Goods).
Nutraceuticals: A Game Changer in the Healthcare Industry
The Indian pharmaceutical industry is expected to witness a drastic demand for these function-specific products in the near future. These antioxidants are creating new opportunities for businesses in this booming corridor.
Further, nutraceuticals are specifically formulated to cater to the particular dietary needs of the user. General skepticism about allopathic medicines encourages the demand for nutraceutical products amongst the masses.
Global Vs Indian Nutraceutical Market
The nutraceuticals industry is growing swiftly across the globe. In terms of the present scenario, Japan, the USA, and Europe collectively occupy more than 90% of the total global nutraceutical market.
It is supposed to reach 336 billion US dollars by 2023 from 247 billion US dollars in 2019 at the CAGR (Compound Annual Growth Rate) of 8 percent. Now, the industry is shifting towards the developing nations, especially across the Asia-Specific, including India.
Indian Stats
What are the Indian statistics? The Indian nutraceutical market was contributing only 2% of the global market share in 2017. The total value was estimated at $5 billion in 2019, which is assumed to reach $11 billion by the end of 2023 at a CAGR of 21%. Authorities have also suggested that India is likely to hold at least a 3.5% market share of the global market.
Best Nutraceutical Manufacturers in Mumbai
This is to conclude your quest for the reputed nutraceutical manufacturers based in Mumbai. Proceed to discover.
Neiss Wellness (India) Ltd.
The list portrays the Neiss Wellness on the top spot due to some concrete reasons. It is one of the best nutraceutical manufacturers in Mumbai, India with an extensive product profile.
In terms of nutraceutical products range, you will get TRACEWELL, FRACPRO, NISHWELL WOMEN, PROTEIN KIDS, CRANWELL, JOINT JOY and various others.
Address: 802, DKH Park, S.V. Road, Goregaon, Mumbai
Agati Healthcare Pvt. Ltd.
With a motive to serve the population with effective healthcare products, Agati Healthcare has emerged drastically in the pharma industry. They believe in executing innovative and scientific formulas to discover top-of-the-class nutraceuticals.
Agati Healthcare worships quality concerns that can never be overlooked at any cost. All of their products are ISO, GMP, and WHO-certified alongside the DGCI approval.
Address: Arihant Anaya, Sector 35G, Kharghar, Navi Mumbai
Sydler
Established in the year 2004, Sydler Group of Companies deals in an extensive range of herbal products. The company is steadily broadening its demarcations because of its prime stress on quality and affordable price range.
Further, the research and development team at Sydler focuses to infuse all the essential nutrients in their nutraceutical products. They maintain the right ratio of ingredients to improve your health and strengthen your metabolism.
Address: 7th Floor, Arcadia Building, 195 NCPA Marg, Nariman Point, Mumbai
Premier Nutraceuticals Pvt. Ltd
PNPL is another well-blessed pharmaceutical company based in Mumbai. They develop a fully-enriched nutraceutical product range by considering the specific health needs of users.
The company is committed to bringing superior value through creativity, consistency and quality. Nutraceutical products are formulated following strict quality guidelines.
Address: 714/715 Midas, Sahar Plaza, Kurla Road, Andheri East, Mumbai
Scientific Brain Nutraceutical Pvt. Ltd
SBNPL emphasizes baby food products with an in-depth consideration of nutritional values.
It is the fast-growing pharma company that is responsible for developing the best quality and nutritious range of nutraceuticals for infants. Their antioxidants are great in nutritional values to serve children with all-encompassing and pertinent health solutions.
Address: Tiffany, 1st Floor, Hiranandani Estate, Off Ghorbunder Road, Thane, West Mumbai
Conclusion
This is the list of third-party nutraceutical manufacturers in Mumbai. All the entities are certified by the related authorities to secure your business relations with any of them.
The nutraceutical industry is on the rise in India and industry experts have estimated a booming demand for nutraceutical products in years to come. Therefore, it will a wise action to contact a PCD pharma to venture into the nutraceutical product manufacturing.