Health is the most important thing for all of us, especially in this progressive world where work is everything. No sensible person can overlook or undermine the significance of having good health. But maintaining your health is much easier said than done, especially with the rushed lifestyle of the modern age.
As a result, many people have begun to rely on nutraceutical and dietary supplements. Consequently, the number of manufacturers & suppliers of nutraceutical and dietary supplements has been increasing steadily.
Entrepreneurs should take this opportunity to start a nutraceutical and dietary supplement PCD franchise. But before they do, there are certain things they ought to know about the nutraceutical industry. So continue reading to learn more.
Nutraceutical is a term coined by Dr. Stephen Defelice in the year 1989. The term is an amalgamation of two words, "nutrition" and "pharmaceutics." There is no definitive definition of nutraceutical, but it is more like a term used to denote a wide range of products.
These products include everything from isolated nutrients, dietary supplements, soups, processed food, herbal products, cereals, and other specific diets. All these products play a key role in helping humans maintain ideal health conditions.
The popularity of nutraceutical and dietary supplements has further fueled the increase in the number of nutraceutical product suppliers in India. Hence it is the ideal time to start a nutraceutical PCD franchise in the country.
The list of nutraceutical product manufacturers in India is growing by the day. The market for these products has been steadily growing over the last couple of years. Many reasons or rationales justify this rapid growth and expansion, and some of these reasons include:
1. People's growing interest in maintaining and leading a healthier lifestyle.
2. People are now more interested in enhancing their energy, fitness, strength, and mental state.
3. The rapid growth and scale of the Indian economy.
The nutraceutical market in India can be classified into two categories: dietary supplements and other functional food and beverages. The latter holds the larger share of the market.
Dietary Supplement Manufacturers in India divide these supplements into four different categories that include:
1. Vitamin and mineral supplements
2. Protein supplements
3. Herbal supplements
4. Chyawanprash
Functional foods and beverages hold the lion's share of the nutraceutical market in India. Fortified food items such as drinks and juices are the best examples of functional food and beverages as they provide people with necessary micronutrients.
India is a growing economy currently licking its wounds and all set to take on the world, being one of the largest and most diverse markets on the planet. Hence starting any business in the country is a beneficial proposition.
But starting a nutraceutical PCD franchise is an even better idea, with Nutraceutical PCD Companies in India providing the best incentives to budding entrepreneurs. Besides incentives, there are many other reasons for you to consider opening a nutraceutical PCD franchise in India. Some of these reasons include:
India is home to one-fifth of the world's population, where diversity is something that best defines the Indian market. Growing population and economy means the time is ideal for starting a new business. The Indian market has many growth potentials for nutraceutical PCD franchises in the country. So all things aside, India is the country that can help your business grow and scale with ease.
India is not just home to a single nutraceutical food supplement products manufacturing company. The country has many such companies, all competing to attract more PCD franchise owners. As a result, getting incentives from these manufacturers is not very challenging. For instance, you could benefit from the free promotional tools from manufacturers and market your business at someone else's expense.
There is no shortage of health supplement manufacturers in India. So all things aside, you will certainly have sufficient stock to cater to your customers' requirements. As a result, it will become easier to develop a reputation and sustain the same with minimal effort.
The Indian market has attracted many Food Supplement Manufacturers in India. Budding entrepreneurs must not miss out on this opportunity and capitalize on this to enhance revenue generation. So consider the rationales above and start a nutraceutical and dietary supplement PCD franchise to beat the competition.