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The Medical Nutrition Market in India is Expected to Grow Tremendously in the Next Five Years

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MUMBAI, India /PRNewswire/ —
The medical nutrition market in India is expected to grow tremendously in the next five years. The global market for Medical Nutrition, estimated at US$27.2 billion in 2012 and forecasted to be US$28.8 billion in 2013, is further projected to reach US$40.1 billion by 2018, thereby exhibiting a 2008-2018 CAGR of 5.8%. The Indian medical foods market revenues are expected to reach approximately USD 4.2 Billion in 2017. An increase in aging populations coupled with growing incidences of illnesses and a condition requiring medical nutrition products has resulted in market growth for medical nutrition products. Another key factor driving the market is premature births because of insufficient nutrition supply to mothers, especially in Asia, in the most populous countries such as China and India. Medical nutrition products are witnessing unprecedented demand as against traditional medical nutrition products, opening the gates for a new market dominated by very few players. However, the industry is still in a nascent stage and holds ample opportunity to grow in future. There is a strong need for regulatory clarity, developing customized products, affordable pricing and distribution strategy.
(Logo: http://photos.prnewswire.com/prnh/20131007/643726 )
Based on our past research and valuable insights shared by 50 senior industry experts working in the Pharmaceutical & F&B industry, Fi India has developed a one-day strategic seminar on medical foods. This would be the first seminar in India covering regulations, innovative R&D and ingredients, marketing strategies and other important aspects on medical foods all under one roof.
Power Pack One Day Seminar focuses on:
Valuable insights on scientific history and benefits about medical foods
Recent product developments in medical foods for Aging, Developing, and Other Specialised Populations
Nutritional genomics and its role in increasing the potential of personalised or medical nutrition
Regulatory framework necessary for medical foods
Latest innovative delivery modes for medical foods
Latest consumer trends and strategies for successful market positioning of medical foods
This unique 1-day strategic seminar will bring together 60+ Vice Presidents, Directors, Heads of Regulatory, R&D, Production Innovation and Production Development department professionals from the Pharmaceutical, Nutraceutical and F&B industry all under one roof. For more information, visit http://medicalfoods.fnbconfex.com/pr
About UBM India:
UBM India is a subsidiary of UBM plc, which is the second largest independent exhibition organiser in the world. It is the largest trade exhibition organiser in India, responsible for 26 exhibitions in different locations across the country. The company is also involved in the organisation of conference programmes throughout India and in the publications of trade journals and magazines. http://www.ubm.com
About Fi India:
Launched in 2006, Fi India has been known as a driving force to India’s processed food sector and has a fundamental role as facilitating the industry’s only meeting place. Both regional and global food professionals use this opportunity to learn about the latest industry developments, meet new business prospects and launch new products to gain competitor advantage in the fastest growing Food marketplace in the world.
By bringing the industry together, Fi India allows you to display your products to thousands of food professionals at once, and conduct business in an efficient and effective manner.
– See more at: http://www.foodingredientsglobal.com/india/about/about-fi-india#sthash.ed5wtqjp.dpuf
Contact: Suvidha Shetty, conferences-india@ubm.com, +91-(0)22-61727001
Source: UBM India

Written by asiafreshnews

October 8, 2013 at 10:56 am

Posted in Uncategorized

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