India is one of the nations across the globe where the market of nutra-ceuticals and dietary supplements is growing enormously. Nutraceuticals and dietary supplements are sold in India under the name of Fast Moving Healthcare Goods.
Nutraceutical ingredients are nutrient rich components that have beneficial medicinal qualities, which improve human health and provide prevention from diseases. The nutrition value of traditional foods increases with addition of nutraceutical ingredients. Nutraceutical ingredients are used in cosmetics, dietary supplements, food and beverages on a wide range. Medicinal properties of nutraceuticals are used in health beneficial products.
The rapid advances in science and technology, increasing healthcare costs, fast changing lifestyle, ageing population and rising interest in attaining wellness through diet are fuelling the interest in nutraceuticals. Today, it is one of the fastest growing segments of food industry and is already becoming a crucial part of the diet. With the growing popularity among consumers, the nutraceutical market is expected to double in the coming years. Nutraceuticals today has become one of the booming markets in India with fast moving health goods, over the counter, and fast moving consumer goods companies jumping into the bandwagon.
The nutraceuticals sector is a dynamic, evolving sector that offers exciting opportunities to merge scientific discovery with growing consumer interest in health-enhancing foods. Nutraceuticals will continue to have great appeal because they are convenient for today’s lifestyle. The greatest challenge still remains in the public policy and regulatory areas, which will encourage research and development of products that provide health benefits and permit truthful, non-misleading communications of these products while protecting public health and maintaining public confidence.
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Industry Banks On Technology For Milk Safety
In October 2019, Food Safety and Standards Authority of India (FSSAI) released a full report after carrying out a survey on safety and quality of liquid milk in the country. Although the survey results hint towards demolishing milk adulteration perception, an in-depth analysis of the report reveals that 1 in 10 packets of milk purchased by consumers could be unsafe. Hence more is required in the dairy sector in order to address the issue of milk adulteration at all levels. On a whole, further steps are required to be taken to achieve transparency and efficiency in the dairy sector of India through public private partnership and best use of technology.
IRRESPONSIBLE ADVERTISING UNDER SCANNER
To increase the monitoring on misleading advertisements in the food and beverages sector, the FSSAI signed a MoU with ASCI, the self-regulatory body of advertisement industry in 2016. As per the agreement ASCI comprehensively monitor the advertisements across various media. The move by the two regulators to work together has resulted in reduction in filing of complaints.
Plastic Ban - A Boon Or Bane?
This Independence day, Prime Minister Narendra Modi took a pledge to ban the use of single-use plastic by October 2. Although the plastic ban is directed towards a healthier environment, businesses in the food, beverage retail and e-commerce industries are set to be the most affected by this development. Now all stakeholders are working on finding alternatives to plastic.
With a mission to lead and drive global efforts to reduce, prevent and treat obesity, the World Obesity Federation (WOF) launched World Obesity Day in 2015 that is now observed globally on October 11. With more than 135 million individuals affected by obesity in India, abdominal obesity is one of the major risk factors for cardiovascular disease (CVDs). The WOF estimates about three out of ten Indians are expected to be obese by 2025. India needs to gather some learning lessons from other countries where the industry is collaborating with regulators to achieve regulatory environments that are conducive for product reformulation, labelling and marketing regulation, ensuring a range of healthy options for consumers.
'FICCI Foodworld India 2019'
“Government to support industrialists and budding entrepreneurs to set up food processing industries”
Popularising Millets To Address Malnutrition
The millet initiative is a continuation of enhancing the nutritional intake among the malnourished. Making millets popular to the masses again will be a major breakthrough in overcoming malnutrition and rural poverty while being more sustainable for the environment. It can also drive new markets and business opportunities.
What's Cooking In APAC Region?
In 2016, the Asia-Pacific (APAC) region's food and beverage industry achieved an estimated turnover of $3.23 trillion, and was backed by a consistent year-on-year growth rate of 11 per cent, presenting a wealth of opportunities. With rising incomes and growing awareness of healthy eating among a burgeoning middle and upper class, the food companies see a clear opportunities for them in the region.
Asia Is Facing Increasing Health And Dietary Challenges
Roquette, a global leader in innovative plant-based ingredients, has recently opened new offices and an innovation center in Singapore, increasing its focus on Asia’s nutrition and health challenges. The state-of-the-art facilities, which include a research laboratory, customer technical services as well as the new regional headquarters, will allow Roquette to tailor its products and address the specific health and dietary challenges of the region such as obesity or diabetes.
Better Logistics & Cold Chain Facilities - Key to Reducing Food Loss
Better Logistics & Cold Chain Facilitieskey to Reducing Food Loss
Nutraceuticals' Latest Picture and Their Role in Health
A nutraceutical is any food or dietary supplement ingredient that provides a health benefit. It can be tea with ginseng, or it may be a soy product with an added level of isoflavones.
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“I hate it, but it's over fast.”
In the morning, I take five Duolingo lessons. I do three French lessons, one Portuguese lesson, and, of late, a Japanese lesson.