India nutraceutical market set to double to $57B by 2030

India's nutraceutical market is expected to nearly double to $55-57 billion by 2030, according to industry estimates. The sector is growing at a compound annual rate of about 10.5%. A shift toward preventive healthcare, rising e-commerce penetration, and government initiatives supporting wellness are driving demand.

Regulatory oversight is still catching up. Many products lack rigorous scientific validation, and consumer awareness of quality standards remains low. These factors could slow adoption or trigger a backlash if safety issues emerge. The projection assumes continued policy support and consumer trust. Any regulatory crackdown or high-profile quality failure would reset the growth trajectory.