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Live ecosystem for business, scientific insights
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Harcha Bhaskar, Mumbai
March 01 , 2015
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Nutraceuticals industry is one of the rapidly growing sectors in the Asia- Pacific region.
The industry, broadly classified into functional food, functional beverages and dietary supplements, has witnessed a double digit growth in recent years specially driven by countries like India and China. In India itself, the industry is expected to be worth US$6.1 billion by the year 2019-2020 as per latest reports by research agency RNCOS.
Currently though the industry constitutes US$2.2 billion, it is going through constant shift in increased sales of nutraceutical products and changing consumer buying pattern due to consciousness towards health. Anticipated to grow at a CAGR of around 20% over 2014-2019, the drivers of this growth can be credited to increase in the ageing population worldwide, health and wellness awareness amongst the people.
Since last 10 years, giving a boost to this already flourishing nutraceuticals industry is the event Nutra India Summit (NIS). This nutraceutical exhibition is dedicated to both ingredients and finished products and is a flagship exhibition in this field for India.
For the current year, the event featuring nutraceuticals, nutritionals, functional foods, and dietary supplements sectors of India and the global market would be held on March 18 and 19, 2015, at The Lalit, Mumbai.
With its more than a decade of contribution towards development of building blocks of nutraceuticals business, the event would be celebrating its 10th edition in the current year.
Flagship event
Mahinder Singh, project director, Nutra India Summit, explained, “Nutra India Summit is India’s flagship event for nutra industry in India and has been the only authentic platform to portray India’s strength as business hub for international fraternity which has explored investments in India in this sector. The show has attracted all major nutra nations across the world with major scientists & technocrats along with representatives from nutra companies in world.”
“The summit will have participation from more than 200 organisations represented with their C+ and R&D teams attending this summit. The trade show would offer business tie-ups and partnering opportunities for participants to meet business visitors from Mumbai and across India,” he added.
Nutra India Summit through its past editions, has portrayed India' s scientific leadership and business potential in the areas of nutraceuticals, functional foods, dietary supplements, health drinks & beverages and ingredients. The annual grand event is organised in various metros of India wherein NIS is the only platform which has provided live ecosystem to do active business and get scientific insights into the sector. It has invited stalwarts from across the globe to share their knowledge and scientific wealth.
Singh informed, “Nutra India Summit has invited more than 15 countries to participate and special invitation to all SAARC nations to send their representatives to industry and science fraternity to be a part of the event. Nutraceuticals for The European Market (NEM) will be special attraction where we have invited companies from NEM to participate and which will offer business opportunities for Indian nutra players to connect during the conference and expo.”
NuFFooDS Expo
The NuFFoods Expo is a product & ingredients trade expo, which is a good opportunity for the nutra industry to showcase its offerings of varied range of innovative products, ingredients & raw materials, processing & packaging technologies and machinery & equipments for the nutraceuticals sector in India.
Talking about the expo, Singh stated, “The NuFFooDS Expo has over the years transformed into a trade show today where it started from few handful of companies and now evolved as trade show for nutra finished products and ingredients, services. With Mumbai as prime market, this show will also be organised in other tier two cities to create awareness and offer equal participation opportunities for industry to take advantage of such platform.”
This is a unique opportunity for enterprises to come together at one venue to market their services to new and existing commercial customers. This is only chance to meet and expose your business to new suppliers, companies, generate sales and increase awareness of the products and service that you offer.
The expo enables one to develop product awareness by sampling products, providing live demonstration for equipments and technical services, and reaching marketing communications and offering best deals to close one’s revenues.
There would be key decision-makers from various pharmaceutical, nutraceutical, ingredients and food manufacturing companies participating at the conference and visiting the trade show which provides a strong networking for business partnership.
The event accelerates and boosts business of entrepreneurs by creating attractive business deals and customised activities to have visitors to booths. One can participate & utilise partnering opportunities at the NuFFooDS Expo to connect with maximum participants and business visitors to sign up international partnership and exports.
Highlights
- Nutra Lifetime Achievement Award would be awardees to the Nutra Personality of the Year during the Nutra Summit at the hands of dignitaries.
- In this edition, Nutra India Summit has invited international and Indian thought leaders and industry captains to have dialogue with industry in the form of leadership talks and various conference sessions focussing on business growth, new product development ideas, marketing nutra products and much more.
- Focus on ‘Women and Child Nutrition’ will be a special feature to cover under the slogan campaign of ‘Beti Bachao Beti Padhaav’ given by prime minister Narendra Modi to address the overall development of the girl child where nutrition is also a perspective to be accounted. Also, what opportunities are there for nutra sector players to join this activity to contribute to the social cause.
- At the forthcoming summit, Start Up 10 is a new concept which has been introduced to invite all Start Up companies in the area of nutra manufacturing and processing and equipment. This is a good opportunity for Start Up companies to launch new products or showcase their projects for attracting VC and bigger players in the nutra industry.
- For small scale industries and MSME sector we have special MSME Pavilion with subsidised cost for participation at the NuFFooDS trade show which is held at The Lalit, along with Nutra India Summit.
Concurrent Event - EHEDG - European Hygienic Engineering and Design India Region Chapter
EHEDG, the Indian chapter, is initiated to raise the awareness and analyse the hygienic design equipment, machinery, facilities as well as related hygienic production process in the manufacturing processes. It will promote the creation of regional and international network in order to identify the knowledge gaps and problems in hygienic engineering and to provide adequate solutions related to hygienic equipment and food safety especially for small-scale industries.
The event, to be held for the first time in India, will represent the EHEDG activities from Europe, a worldwide operating reference organisations in this field: guideline publication, working groups, certification, possibilities and so on.
The event will create and design opportunities for companies and professionals in hygienic production equipments and facility for safe food.
Activity Focus Area for EHEDG India
- Training and education; n Guidelines; n Certification;
- Working groups; n Networking.
EHEDG will be organising a one-day seminar along with MM Activ Sci-Tech Communications and International society for Nutraceutical, Nutritionals and Naturals (ISNNaN), India, as a co-located event with 10th Nutra India Summit, 2015, on March 18, 2015, at The Lalit, Mumbai. The seminar would start from 11 am.
International Conference
The participants can engage with and learn from eminent researchers, business gurus and policy-makers from the Indian and international nutraceuticals sector.
Straight from innovators there would be keynote talks from stalwarts and global leaders who will deliberate upon a broad spectrum of issues ranging from policy and regulation to research and innovation in the NuFFooDS business.
Conference Focus Areas
- Ingredients to innovative healthy products from concept to nutritious reality.
- Innovative processing technologies to develop & enhance ingredients for nutraceuticals & dietary supplements.
- Quality & consistency of ingredients for global sourcing.
- Quality control & products preservation through innovative packaging & transportation methods.
- New avenues of Business - cosmeceuticals, sportaceuticals and ayurceuticals.
- Building multi-market regulatory strategies.
- Nutra as a remedy for urban lifestyle disease focus on: obesity, osteoporosis, diabetes, CVD.
- Marketing strategies and brand development.
Conference at a Glance
The event, starting with inauguration, will continue with various conferences which would be carried out whole day for both days of the event. On the first day, the session will be starting with leadership talk followed by expert talk on the topics ‘The science behind the 3Ns (nutraceuticals, nutritionals & naturals) to better health, ‘Doctors & nutritionists forum on: nutra as a remedy for urban lifestyle diseases, and would be concluded with 10th anniversary celebration dinner.
The day 2 of the event will be starting with leadership talk and followed by discussions on various topics like claims, labelling & food safety in harmony with global standards, marketing & e-marketing: the differentiators that drive sector growth, valedictory function / awards function and high tea.
Doctors and Nutritionists Forum
This programme is an opportunity to influence the influencers, to gain mileage and share benefits of brands amongst top practitioners from India and global key opinion leaders in the area of nutrition science. The forum will deliberate on new products in the nutraceuticals and health food sector with special focus on Building Strong Immunity with Nutraceuticals.
This year, the programme held with support of Indian Dietetic Association (IDA), with the theme: Nutra as a Remedy for Urban Lifestyle Disease Focus on: Obesity, Osteoporosis, Diabetes, Cardiac.
Poster Session - Walkway of Discovery
The Poster Session at the 10th Nutra India Summit presents an opportunity to researchers and students of nutraceutical science to showcase their innovative ideas to an audience of over 3,000 industry professionals who are actively in search of brilliant ideas and solutions. The poster presenters can interact with nutraceutical leaders as well as top-notch venture capital firms for possible commercialisation of their concepts.
CEO Summit
3 Days of Power-Pack Business Networking and Market Strategic Partnerships
The CEO Summit is a special industry networking event that happens annually at the Nutra India Summit. It brings together visionaries from the nutraceuticals business community to create a collaborative and industry-driven vision that can drive growth in the Indian nutraceuticals sector. The CEO Summit looks at the current business environment from 4 vantage points - Industry Growth, Right Resources and Balanced & Strong Finance. Candid conversations between top CEOs and C-level executives are designed to inspire new ideas and actions that can directly impact the industry. Relevant and impactful topics related to the nutraceuticals sector, its drivers and barriers are addressed through this discussion. The CEO Summit is a must- attend premium gathering of all top industry captains.
Nutra Awards
10th Nutra India Summit would be acknowledging those eminent personalities who have contributed towards this sector with their untiring efforts, passion and vision by felicitating them with Nutra India Summit Lifetime Achievement Award.
Exhibitors
The vast exhibitor profile includes entrepreneurs from ingredients, finished products, technology and services sector of the nutraceutical industry.
“The trade show will showcase more than 70 nutra companies along with other service sectors to create an ecosystem of India’s only nutra business in these two days in Mumbai,” said Singh.
From the ingredients sector there are exhibitors dealing with active ingredients, speciality chemicals, algae extracts, enzymes, fibres and carbohydrates, additives & pigments and so on. From the finished product profile exhibitors are the people dealing with sorts nutrition & health beverages, dietary supplements, pre & probiotic, fortified & clinical foods and so on.
The service and technological entrepreneur are the one who are dealing with testing laboratory, contract manufacturers, intellectual property and packaging, cold-chain, design respective.
There is a special subsidised expo presence offered to the new start-up SME and MSMEs who need to reach out their products and services to the industry.
Visitors
NUFFoods and NIS is a key event to source real solutions and commercial partnerships in ensuring that the future of their businesses create the buzz around your business and brand.
The event would witness large number of visitors who are looking for ingredients solutions, finished products, contract manufacturing and processing solutions in the following category of health.
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TOPICS
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