The Medical Nutrition Market in India is Expected to Grow Tremendously in the Next Five Years

MUMBAI, India, Oct. 7, 2013 /PRNewswire/ --

The medical nutrition market in India is expected to grow tremendously in the next five years. The global market for Medical Nutrition, estimated at US$27.2 billion in 2012 and forecasted to be US$28.8 billion in 2013, is further projected to reach US$40.1 billion by 2018, thereby exhibiting a 2008-2018 CAGR of 5.8%. The Indian medical foods market revenues are expected to reach approximately USD 4.2 Billion in 2017. An increase in aging populations coupled with growing incidences of illnesses and a condition requiring medical nutrition products has resulted in market growth for medical nutrition products. Another key factor driving the market is premature births because of insufficient nutrition supply to mothers, especially in Asia, in the most populous countries such as China and India. Medical nutrition products are witnessing unprecedented demand as against traditional medical nutrition products, opening the gates for a new market dominated by very few players. However, the industry is still in a nascent stage and holds ample opportunity to grow in future. There is a strong need for regulatory clarity, developing customized products, affordable pricing and distribution strategy.

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Based on our past research and valuable insights shared by 50 senior industry experts working in the Pharmaceutical & F&B industry, Fi India has developed a one-day strategic seminar on medical foods. This would be the first seminar in India covering regulations, innovative R&D and ingredients, marketing strategies and other important aspects on medical foods all under one roof.

Power Pack One Day Seminar focuses on:

• Valuable insights on scientific history and benefits about medical foods
• Recent product developments in medical foods for Aging, Developing, and Other Specialised Populations
• Nutritional genomics and its role in increasing the potential of personalised or medical nutrition
• Regulatory framework necessary for medical foods
• Latest innovative delivery modes for medical foods
• Latest consumer trends and strategies for successful market positioning of medical foods

This unique 1-day strategic seminar will bring together 60+ Vice Presidents, Directors, Heads of Regulatory, R&D, Production Innovation and Production Development department professionals from the Pharmaceutical, Nutraceutical and F&B industry all under one roof. For more information, visit http://medicalfoods.fnbconfex.com/pr