The Food Safety & Standards Authority of India (FSSAI) has operationalized much awaited regulations covering health supplements, nutraceuticals, food for special dietary use and special medical purpose, functional foods and novel foods to be. As per the regulation, a period of a year has been provided to FBOs to comply with the provisions of the regulation, the enforcement shall commence from January 2018.
Increasing health consciousness and improved incomes and standards of living has boosted the growth of the nutraceuticals markets in India, making it one of the fastest growing segments. The Indian nutraceuticals industry is expected to grow at 20 per cent to USD 6.1 billion by 2019-2020 due to rising awareness about health and fitness and changing lifestyle.
In its 3rd year the Nutrition Summit India is the only dedicated conference which provides a common platform for the industry and other stakeholders to come together to discuss the key challenges, learn from the best practices adopted across the country and ensure their firm is positioned to comply with latest regulatory guidelines.