Today, everyone is preoccupied with their jobs, and students are preoccupied with their studies. In this hectic lifestyle, everyone has forgotten about one thing: their own health. The human body is made up of water and organic molecules such as proteins, lipids, nucleic acids, carbohydrates, calcium, phosphorus, and trace minerals. The problem emerges when these compounds are low, and nutraceutical makers are called in to help maintain the balance.
Nutraceutical manufacturers are those who provide you with health benefits beyond basic nutrition and help people who are suffering from multivitamins, minerals, iron, magnesium, calcium, etc. That is why selecting the right nutraceutical manufacturer is always important and in India, Gujarat and Maharashtra house the majority of manufacturing units.
Patna is quietly emerging as a strong regional hub for nutraceutical manufacturing and supplement suppliers. Let’s explore the industry outlook and growth opportunities for entrepreneurs in Patna.
What are Nutraceuticals?
Nutraceutical products are those that are derived from food sources and offer extra health benefits in addition to basic nutritional value. The purpose of nutraceutical products is to improve immunity enhancement, digestion support, energy boost and preventive health management. Product include:
- Dietary supplements
- Probiotics and prebiotics
- Beverages and functional foods
- Ayurvedic and Herbal supplements
- Wellness and protein powders
Why are Nutraceuticals necessary now?
Across India, people adopt a bad lifestyle which causes diseases such as diabetes, heart disease and obesity. Consumers are now turning to nutraceuticals and the demand for quality manufacturing is increasing under WHO-GMP, FSSAI and ISO compliant.
The key benefits of manufacturing in Patna:
Low operational cost
It is best for startups and SMEs as compared to Western Indian hubs and infrastructure costs.
Local Markets
Connected to all major trade routes connecting North and East India.
Health Demand
Increasing health awareness in rural markets rise in the demand for nutraceuticals and preventive healthcare products.
What is the market of India’s nutraceutical sector?
India’s nutraceutical market is expanding, as indicated by the recent FSSAI Official Statement by The Week, India currently accounts for nearly 2% of the global nutraceutical market. Regulatory authorities indicated that the sector has the potential to grow multiple-fold in the upcoming time.
According report from the Press Information Bureau, the Government of India has formed sector specific task forces to promote growth, regulatory clarity and global expansion of the nutraceutical industry.
The market size of India Nutraceuticals from Grand View Research is expected to reach a projected revenue of USD 63,265.7 million by 2030 with a growing CAGR of 10.3%. Market segments are Dietary supplements, functional food, functional beverages and infant formula.
Manufacturing trends in Patna
Digital presence
Now, companies are making an online presence that expands e-commerce distribution channels.
For startups
Entrepreneurs who want to enter the nutraceutical manufacturing business, this is the right opportunity to enter in third party manufacturing model.
Quality and Compliance
Manufacturing units focus on compliance with FSSAI regulation which are essential for growth and export.
How to Choose Nutraceutical Manufacturing in Patna?
Planning a business or evaluating a partner, follow these steps while selecting a Nutraceutical manufacturing in Patna:
- Ensure the manufacturing company follow GMP, ISO, FSSAI and Ayush approval to enhance credibility and product safety.
- Select companies that offer a range and innovation
- Check if they have robust testing and quality to ensure that they meet domestic and international standards.
What are the future opportunities of Nutraceutical products?
The growth of the nutraceuticals industry in India seems to be good future due to:
- Rise of consumer awareness
- Support of the government to improve regulatory frameworks
- Services like e-commerce
- Export opportunities
Getwell Biocare – Where modern nutraceutical science meets the wisdom of Ayurveda
This is one of India’s top producers of Ayurvedic and nutraceutical goods. It is renowned for providing a vast array of nutritional supplements, health supplements and cutting-edge clinical nutrition solutions. Their production facility is ISO 22000-2018 and GMP-compliant and they provide contract manufacturing services. They are skilled in the production of Ayurveda and nutraceutical items and provide a vast array of segments in various dosage levels.
Why Brand Select Getwell Biocare?
- Supports customisation formulation as per requirements
- Flexible minimum orders
- Packaging assistance and labelling support
- Regulatory support
Wrapping Up!
The Patna Ayurvedic manufacturing industry has enormous growth potential and Ayurveda is the system that combines traditional knowledge. Due to rising consumer demand and Getwell Biocare’s presence, investors can now access the industry through third-party manufacturing services that reduce risks and require less capital.
FAQs
Can Getwell Biocare help me in starting my own nutraceutical brand?
Yes, if you are planning to start your own nutraceutical brand, Getwell Biocare will provide private labelling, custom formulation, packaging and branding support to help startups launch their own supplement brand.
How does Getwell Biocare ensure its product quality?
To ensure the quality of products, they follow:
- Testing of raw materials
- Quality checks in each step
- Finished product testing
- Maintain hygiene in the workplace
- Compliance with safety standards
What are the important certifications you should check before investing in a manufacturing unit in Patna?
You should always check for Ayush guidelines and GMP standards to ensure the safety of the product and quality.
What is the important documentation you need to start a Nutraceutical third party manufacturing?
Documents require company registration, GST certificate, Ayush product approval, and label details.
