MUMBAI, January 4, 2013 /PRNewswire/ --
The Indian nutrition market is forecasted to grow at a healthy clip for some time. Nutrition and eating habits play key roles in addressing growing health concerns related to obesity, chronic diseases, malnutrition and aging. Fortunately, nutrition and eating habits being key health drivers thus provide a good chance of being able to drive growth. The Nutrition Business Journal (NBJ) forecasted the global nutrition market would exceed $400 billion by 2014 in its 2010 Global Nutrition Report. Thus, this industry in India is expected to grow from INR 44 billion in FY11 to INR 56 billion in FY15.
Functional foods and beverages are a core segment of the nutrition market for packaged nutrition products. Functional foods and beverages refer to products that have been fortified to achieve specific health benefits. Prominent examples of functional foods and beverages include sports and energy drinks, vitamin and antioxidant-enriched milk and juices, whole grains and other products fortified with omega-3 fatty acids (fish oil) and probiotic yogurt products (which contain microorganisms that aid digestion). The market for global clinical nutrition products is expected to reach $34.5 billion by 2015, according to a GIA study. Infant nutrition is the largest and fastest growing segment in the global clinical nutrition products market. Clinical nutrition products include infant formula with protein, antioxidants, probiotics, prebiotics, enriched and omega-3 fatty acids such as ARA, EPA and DHA. However, unclear regulatory guidelines for labelling and nutritional claims and lack of consumer awareness act as a barrier in this sensitive industry.
To delve deeper into latest nutrition-related regulatory aspects, novel nutritional ingredients, science behind various nutritional categories, Fi Conferences is organising Nutrition and Science 2013 from 13-15 February in Mumbai, India. The main objective of this conference is to gain in-depth guidance on nutritional and labelling claims and achieve technical brilliance to develop consumer specific world class nutritional products. The two-day conference will be initiated with a series of invited lectures by our esteem panel of speakers including Pradip Chakraborty, Director - Zonal (Product Approval), FSSAI; DP Attrey, Convener of the Sub Group, Scientific Panel on Labelling and Claims, FSSAI; Anoop Misra, Director and Head, Department of Diabetes and Metabolic Diseases, Fortis Group of Hospitals; Sanjeev Ganguly, Medical Director - South Asia, Nestle Nutrition; Peter McConville, Vice President - R&D Nutrition Category, GlaxoSmithKline Consumer Healthcare; Eline M van der Beek, Research Director, Danone Research Centre for Specialised Nutrition and many more. Workshop on Food Clinical Trials will be conducted on 15 February by Sadanand Kulkarni, Vice President Medical Affairs and Clinical Research, Fresenius Kabi and Brijesh Regal, CEO, Apothecaries Clinical Research.
This unique three-day strategic conference will bring together 100+ Vice Presidents, Directors, Heads of Nutrition, R&D, Production Development professionals from food, beverage and pharmaceutical companies all under one roof. For more information, visit www.food-nutritionscience.com/pr.
About UBM India:
UBM India is a subsidiary of UBM plc, which is the second largest independent exhibition organiser in the world. It is the largest trade exhibition organiser in India, responsible for 26 exhibitions in different locations across the country. The company is also involved in the organisation of conference programmes throughout India and in the publications of trade journals and magazines. For further details please visit the UBM India website, www.ubmindia.in
About Food Ingredients India (Fi India):
Launched in 2006, Fi India has been known as a driving force to India's processed food sector and has a fundamental role as facilitating the industry's only meeting place. Both regional and global food professionals use this opportunity to learn about the latest industry developments, meet new business prospects and launch new products to gain competitor advantage in the fastest growing food marketplace in the world.
By bringing the industry together, Fi India allows you to display your products to thousands of food professionals at once and conduct business in an efficient and effective manner.
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SOURCE UBM India Pvt. Ltd.