Pre- event media release of Nutraceuticals and Functional Food 2017
Nutraceuticals is a growing industry in India and with the implementation of the regulations the space will see a growth in the year to come. Considering this, UBM India is organizing Nutraceuticals and Functional Food Conference scheduled to be held on December 07-08, 2017 in Mumbai.
The Nutraceutical Industry in India is one of the rapid growing markets in Asia-Pacific region. Factors like rising awareness about health, fitness, ageing population and changing lifestyle are fostering this growth. The Indian Nutraceuticals industry is expected to grow at 20% to $6.1 billion by 2019-2020 due to rising awareness about health and fitness and changing lifestyle. The global Nutraceutical market was valued at $160 Billion in 2013 and increased to $172 Billion in 2014. The market is expected to grow at a compound annual growth rate of 7% from 2014 to 2019. Global population of individual over 60 years of age expected to reach 1 billion by year 2020, 70% of which will be living in underdeveloped nation driving “Anti-Aging” and “Age-Defying” product to higher product visibility
Key topics of discussion:
- Updating and understanding the Nutraceutical regulation as per FSSAI
- Market challenges and solutions for the Nutraceuticals and Functional Food in India
- Status and Future of Nutraceuticals and Functional Food in India
- Assessment of consumer awareness and challenges on Nutraceuticals and Functional Food
- Role of Nutraceuticals on Human Diseases
- Importance of R&D in Nutraceutical and Functional Food
- Nutra Ayurvedics
Prominent speakers for this conference are Padmashree Dr. Vishweshwaraiah Prakash, Distinguished Scientist – CSIR-India EHEDG, ISNNAN& IUNS, Swaminathan Subramaniam Principal Consultant Nutrea, Dr Gautam Banerjee Co founder and Director SciTal, Dr. Suman P S Khanuja Founder & Chairman FloraFauna Science Foundation and few others.
Nutraceuticals and Functional Food is dedicated towards providing a common platform for the Nutraceutical, Pharmaceutical industry and other stakeholders to come together to discuss the best practices adopted towards marketing of their products with focusing on the key challenges and ensure their firm is positioned to comply with latest regulatory guidelines. This conference is at Rodas An Ecotel Hotel, Mumbai. Sci Journo- InClinition’s Science Journal is the official media partner for the conference.