India’s nutraceutical industry eyes global growth with support from Ayurveda: Centre ...Middle East

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India’s nutraceutical industry eyes global growth with support from Ayurveda: Centre
New Delhi, Nov 7 (IANS) India’s nutraceutical industry is looking to expand globally with support from its rich heritage of traditional knowledge, especially in Ayurveda, said the office of the Principal Scientific Adviser (PSA) on Thursday. “India’s nutraceutical sector is set for unprecedented growth. India aims to position itself as a global leader in nutraceuticals, combining traditional knowledge with modern science to attract global partnerships and investments,” said Ajay Sood, PSA. While the global nutraceutical market is currently estimated at around $400 billion, India’s share remains under 2 per cent. It is primarily due to a lack of defined industry classification within ministri

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