The demand for Nutraceuticals within the health-conscious people is exceptionally increasing over the past few years. Also, the pandemic has enhanced the need for such formulations to enrich boy with every essential nutrient to increase immunity and maintain salubrious overall health. A noticeable surge can be seen in the global nutraceutical industry, which can rise even more in coming years.
With this, the need for quality functional food products or dietary supplements in India has also raised, which can prove to be very beneficial for the flourish of the nutraceutical industry in India. Also, this industry is a long-run investment as people will always spend on these dietary supplements for their well-being. For that reason, pharma franchise opportunity in nutraceutical products can be a great deal in the present scenario.
Let’s take a look into nutraceuticals, its industry in India and the best PCD Pharma Franchise Company to start a franchise in these:
- What are nutraceuticals?
- Influence of nutraceuticals on human health
- Nutraceutical products market in India
- Benefits of investing in nutraceutical PCD pharma franchise
- Best pharma franchise company for nutraceutical products in India
What are nutraceuticals?
Dr Stephen Defelice coined the term nutraceutical by combining two words ‘nutrition’ and ‘pharmaceutics’. The word ‘ nutraceutical’ has no regulatory definition, rather it is a term denoted to the range of products involved dietary supplements, isolated nutrients, processed foods like beverages, soups, cereals, herbal products and specific diets. Contrary to pharmaceuticals, nutraceuticals are the substances, which generally have not patent protection.
These range of products exert a significant impact on health, can guard against chronic disease. Let’s explore these in little deep!
Influence of nutraceuticals on human health
Nutraceuticals can be used to prevent or reduce the risk of disease. These formulations contain disease-preventing, medicinal and health-promoting properties due to being enriched with nutrients like lipids, vitamins, carbohydrates, proteins, minerals and other essential phytoconstituents. The nutraceuticals aid in improving overall health, delaying ageing, boosting energy, immunity, improving sleep quality, supporting and regulating body functions.
Nutraceutical products market in India
The market of nutraceuticals in India is showing a rapid positive move and expected to rise at the rate of 16 percent in the next 5 years. The reason behind this increasing need for dietary supplements in India are:
- To remain fit, energetic and mentally active and strong
- Shifting towards a more healthy lifestyle
- Growing economy
The Indian nutraceutical market majorly divided into categories:
- Dietary supplements
- Functional food and beverages
The class of dietary supplements covers up 40% of the Indian nutraceutical market and further divided into four classes: herbal supplements, vitamin and mineral supplements, chyawanprash and protein supplements.
On the other hand, functional foods and beverages class cover up 60%. The functional foods consist of fortified food, which according to WHO refereed as ‘addition of micro-nutrients to the processed food’. The beverages involved fortified juices and drinks.
Investing and initiating a business in nutraceutical products in India can be highly beneficial. One of the field, which is perfect to start selling nutraceutical products in India is the pharma franchise business.
A franchise is a type of authorization granted by organization, company or government to a group or an individual to carry out specified commercial activities. Same as pharma franchise business is a contractual arrangement between one firm (the franchiser) and another firm (the franchisee) with monopoly rights to market pharmaceutical products under the brand name of the franchiser.
Starting a pharma franchise business in the nutraceutical industry can provide you significant benefits in long run. Let’s explore some of the major benefits:
Benefits of investing in nutraceutical PCD pharma franchise
The wide scope and competent growth aspects are two of the major benefits of this business. Also, the investments in other business may involve higher expenditures and a long time to obtain satisfactory results. On the other hand, pharma franchise business is a low-risk business model with better results with low investments. Other perks which you can get by starting a pharma business are:
- Monopoly rights
- Free of charge promotional tools
- All-time stock availability
- Market Retention
With these benefits, your business can grow at a faster pace and can earn significant surge economically in the market.
However, choosing the right pharma franchise company is also an essential step in the journey for starting a pharma franchise business. Pharma Franchise World is the reputed GMP certified & ISO 9001 2015 certified company, which offers a broad range of functional food supplements.
Let’s take a look!
Best pharma franchise company for nutraceutical products in India
Pharma franchise world is the renowned pharma manufacturer and marketers of range of products, medications and supplements. We invite people to be a member of PCD pharma franchise for anti-diabetic, hepatology, cardiology, nutraceutical and many more medicine classes.
With regards to pharma franchise opportunity in nutraceutical products, we offer best of the high-quality nutraceutical products in form of tablets, capsules, soft gelatin capsules, soft-gels, syrup, suspensions, and powders, formulated of 100% safe and effective components by highly-skilled and proficient team members. Also, the company provides top-class services and facilities to expand the business. These are:
- Attractive promotional material, such as visual aids, reminder cards, LBL, bags as part of marketing strategy
- Keep all the business associates well briefed regarding products status
- Execute order within 24 hours
- Long-lasting transparent deals
- Attractive packaging
- Honest and responsible transactions
Start pharma franchise business in nutraceutical products with pharma franchise world for best, beneficial and long-run franchise business with low investment and clear dealings. For further information and contact, you can call, mail or post-messages in inquiry box by clicking here.