What is in this article?:
- Functional food and beverage products sweep India
- Opportunities, challenges abound in India
June conference planned in Mumbai to explore the country's growing appetite for functional nutrition offerings.
Home to a burgeoning middle class, an expanding economy and growing rates of diabetes and other lifestyle-related illnesses, India is emerging as a prime market for dietary supplements and functional foods and beverages. In fact, according to Functional Foods & Beverages India, the country's nutraceutical and functional food and beverage market is growing at a compound annual growth rate (CAGR) of 33 percent.
Such growth is the backdrop for Functional Food & Beverages India's second conference and expo dedicated to the functional food and beverage market. The event will be hosted June 28-30 in Mumbai and will include three days of education sessions targeted to R&D and formulation issues, India's evolving regulatory framework for functional foods and beverages, nutritional labeling and health claims guidelines, condition-specific applications for functional products, and more.
Speakers from Unilever, Nestle, Kyowa Hakko, Abbott Nutrition, Danone, Tate & Lyle Asia Pacific and other companies operating in India will present during the event.