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B | Augmentation of wellness trend is boosting vitamins, minerals and supplements category in India
Executive summary
AMIT MOOKIM ARIJIT CHOUDHURY
Managing Director, Senior Director, Life Science &
IQVIA India Consumer Health IQVIA India
When it comes to health and wellness, Indian Vitamins, Minerals and Supplements which has
consumers today, especially the millennials and young largely been HNI’s, Upper Middle Class and patients
adults, are on the cusp of revolutionizing the fitness undergoing treatments, has now expanded to include
trend. While the overall Indian market is witnessing all Sections, especially middle class and rural consumers
a change with an increased focused towards health as well. However, the challenge remains on how well
and wellness in a much more holistic manner, 2020 consumers understand this need for added supplements
has truly been the catalyst to this growing trend. in their daily routine. The US today has a very well defined
Most of the key OTC categories have been impacted and regulated Vitamin Mineral and Supplements market
by this change in consumer behaviour. With antacids, and the adoption rates for these supplements are
digestives, health and nutrition drinks already being considerably high as compared to Indian market. Hence,
the part of the consumers reactive and preventive the opportunity is huge as a large section of the market is
health habits, Vitamins, Minerals and Supplements are still exploring and experimenting.
now becoming an addition to this wellness repertoire.
The VMS opportunity landscape is wide, ranges from
With more and more concerns revolving around the single vitamins and minerals for targeted deficiencies to
Lifestyle Disorders and unhealthy eating practices multi-vitamins, probiotics, omega fatty acids and need
leading to gut health disorders, various vitamin and based supplements for better sleep, better skin, hair &
mineral deficiency incidence rates have gone up bone health. Many players today are entering the space
considerably. Some prominent health concerns today yet winning in this market remains largely determined
is associated with deficiencies of Vitamin B, Vitamin by the differentiation and reach of these brands. These
D, Vitamin C and Iron, and the changing lifestyle is two major shifts in consumer behaviour and segment
further fuelling these deficiencies. Consumers have dynamics is here to stay and hence makes this category
been traditionally seeking reactive treatments towards an interesting opportunity for consumer health
addressing Lifestyle disorders. However, with increasing businesses in India. This white paper is an attempt to
awareness and digital content influence, consumers are share a broad understanding of the category dynamics
adopting more preventing and OTC solutions. and consumer behaviour towards Vitamins, Minerals
and Supplements category and help provide some
Additionally, increasing awareness around a healthy
clarity on the road of opportunities ahead.
gut flora leading to better health, better skin and
hair has increased the importance and relevance of We look forward to working with businesses end
Vitamins, Mineral, Probiotics and other Need Based -to-end in establishing and scaling in VMS segment
Supplements. 2020 has reinforced the importance extensively, with support from our medical,
of immunity in a way that the consumer base for nutritionists and consulting experts onboard.
iqviaconsumerhealth.com | C
Table of contents
Introduction 3
Consumers say! 9
In today’s fast-paced world, the need for maintaining report, only 37% of Indians use VMS. The traditional
one’s health and wellness often takes a backseat. This Indian diet offers all nutrients in the correct proportion.
behavior leads to lifestyle diseases, fueled further by However, due to a lack of time and resources, very few
lack of balanced meal and nutrition owing to hectic people are able to make such meals, and, in the case of
rural India, fewer can afford it.
schedules and reduced quality of food produce. As
a result, many households have started shifting
Apart from health issues, the Indian market is
towards the consumption of vitamins, minerals, and
also driven by cosmetic concerns. As a result, VMS
supplements (VMS) regularly, rather than relying solely
products which promise better skin, hair, and nails
on their diet. In addition to those growing problems tend to fly off the shelves. The COVID-19 pandemic
for individual consumers, India is a country where has also caused changes in consumer buying behavior
deficiency diseases are rampant, some of which are a as people are buying VMS products to strengthen
result of inadequate nutrition. According to a Mintel their immunity.
Figure 1 - Quarterly Sales growth trends for Primary Segments Pre & Post COVID
Q417 Q118 Q218 Q318 Q418 Q119 Q219 Q319 Q419 Q120 Q220 Q320
Over last two year both Vitamins and Mineral Supplements have stayed steady with a marginal
supplements have shown consistent growth with 2020 increase over time. However, supplements also occupy
further boosting the category sales primarily driven by the lowest market share of the three segments.
increase in consumption for single and multivitamin.
iqviaconsumerhealth.com | 3
SINGLE VITAMINS
Figure 2 - VMS Category Composition
The Single Vitamin segment was valued at 1486 crores
4% 1%
8% in March 2020, and it is the segment that has maximum
Minerals consumer awareness and support.
38% Vitamin
Multivitamin Vitamin D deficiencies are a major cause of osteoporosis
22%
Need based supplement and fatigue. Most lifestyles don’t allow for adequate
Other supplements outdoor time which is why many people opt for Vitamin
OMEGA fatty acids D tablets. It is often prescribed after fractures. As per
27% the recent monthly trend, Vitamin D has been on a
*() represents growth over MAT MAR’19 consistent rise, regardless of COVID’s impact on the
rising deficiency.
Aug 19
Sep 19
Oct 19
Nov 19
Dec 19
Jan 20
Feb 20
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Apr 20
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Aug 20
Aug 19
Sep 19
Oct 19
Nov 19
Dec 19
Jan 20
Feb 20
Mar 20
Apr 20
May 20
Jun 20
Jul 20
Aug 20
Vitamin C Vitamin A Vitamin K
Aug 19
Sep 19
Oct 19
Nov 19
Dec 19
Jan 20
Feb 20
Mar 20
Apr 20
May 20
Jun 20
Jul 20
Aug 20
Aug 19
Sep 19
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Jun 20
Jul 20
Aug 20
The ongoing pandemic has made Vitamin C a popular revealed that there was a prevalence of vitamin B12
preventive for cough and cold, and it is becoming an deficiency in 47% of the North Indian population.
increasingly popular choice as an immunity booster. This is a concerning statistic as vitamin B is essential
Vitamin C offtake growth is largely a COVID-driven for proper neuronal functioning, along with
phenomena. Vitamin E has been prescribed for metabolism and hormone control. It is so crucial
glowing skin and accelerating hair growth by health that the Indian government restricted its export
professionals and laymen for quite a long time. While
towards the beginning of the COVID-19 pandemic.
these segments are niche, they are promising, as the
Becosule is a favored choice for vitamin B complex.
trend is expected to continue for the long-term.
People who have used Vitamin D and Vitamin B
Despite all these factors, Vitamin B/B Complex outsells capsules together have reported a significant rise
it’s counterparts by a massive margin, with 62% in energy levels. Most survey respondents who
contribution to the Vitamin segment sales at MAT were consumers of vitamins asserted that they “feel
Mar’20. In a study published by IJEM in 2019, it was better” and “more energetic”.
4 | Augmentation of wellness trend is boosting vitamins, minerals and supplements category in India
It just seems to make
me feel less drowsy Vitamin B and D Had a few allergies. The
and more active. It deficiency causes doctor then prescribed it.
gives me the feeling fatigue; these My allergies have
that I’m healthy and supplements help me reduced drastically
am completing my keep my energy levels up compared to before
body’s needs
31-year-old Maharashtra resident 30-year-old working professional 19-year-old Tamil Nadu resident
who has been using B12 for less from Karnataka who has been using who has been using vitamin C for
than 2 months these vitamins for a year or more less than 2 months
to be higher than the Vitamin segment. Post the hemoglobin levels are a widespread problem, iron
COVID-19 lockdown, the consumption of Minerals has supplements may be more reasonably priced. In the
gone down slightly as the market opened up in the zonal analysis of pack sizes, it was seen that iron has
month of July’20-Aug’20 but Vitamins - both Single and the highest pack size across all zones.
Multivitamins-continue to grow.
Zinc is a mineral that is frequently glossed over and
Calcium is important for bone health and may also shows a higher incidence of usage in urban areas.
protect against cancer and blood pressure issues. Zinc deficiency is characterized by growth retardation,
The sharp decrease of estrogen in menopausal loss of appetite, and impaired immune function.
women leads to bone loss and osteoporosis. Low Severe deficiency may cause hair loss, diarrhea, and
bone density is a prevalent problem among women, hypogonadism in males. Since these symptoms are
which is why, in May 2018, Lupin launched its calcium not immediately visible, consumers tend to ignore
supplement ‘Corcal Bone and Beauty’ with a key focus their zinc requirement, which is why its market share
on women’s health. It was subsequently observed is negligible. Several studies in the past have stated
that the value offtake in calcium sales grew rapidly in that zinc has a broad-spectrum antiviral activity
2018 and 2019. Most users of calcium supplements against a variety of viruses, and it may have increased
were unable to assess the impact it had on them. relevance during COVID times.
iqviaconsumerhealth.com | 5
MULTIVITAMINS
Low hemoglobin levels The average or typical Indian consumer’s propensity
have increased to buy products which provide an “all-in-one”
22-year-old student from Gujarat solution can be observed in the buying patterns
for multivitamins. Individual minerals and vitamins
are more expensive compared to a package which
Calcirol has really helped me with combines multiple options. The general perception is
bone pain. Also, at some point, iron that the combination would thereby increase the
and folic acid corrected anaemia spectrum of benefits provided. Hence, the average
consumer would prefer a pack of multivitamins
23-year-old student from West Bengal
over anything else.
The increasing preference towards Multivitamins is Minerals + Plant Extract/Herbs comprises almost
reflected in the sales trend for last year (figure 4), 98% of the category, indicating that for self-
with substantial traction during COVID-19 period. consumption, consumers prefer a combination
Multivitamins can be further segmented into of Vitamin and Mineral over pure vitamins, which
three sub-segments based on the formulation and is largely driven by doctor recommendation.
composition of Vitamins, Minerals and Plant extracts. Multivitamin with Minerals + Plant Extract is recently
They are: Multivitamin in combination of Minerals, being explored by many players. Sun Pharma’s
Multivitamin with Minerals + Plant Extract/Herbs and Revital is promoting a Ginseng variant and many
Multivitamin without Minerals, which are generally companies, including Alkem Laboratories, Wellman
a combination of multiple Vitamins. Multivitamin and Antex Pharma, have launched Multivitamins
in combination of Minerals and Multivitamin with with Ginseng.
6 | Augmentation of wellness trend is boosting vitamins, minerals and supplements category in India
Results from friends finally
I am an avid follower of fitness vlogs
convinced me to take Multi-Vitamin
on YouTube. I can see a clear
& Iron Supplements. I take AMWAY
difference in my life when I consume
supplements. Feel more energetic
them as compared to when I don’t
& my iron deficiency has reduced.
Helping me in my menopause 31-year-old working professional from UAE who has
been consuming multivitamins for a year or more
phase as well
iqviaconsumerhealth.com | 7
I have a vitamin D
deficiency, so I have had
Being a doctor helped
times when I consumed
me take evidence-based
Better cognitive tablets of cod liver oil. It
supplements. [It] made
performance, mental has helped with my back
me mentally secure. Also,
stamina. Less tiredness and my general well
I haven’t fallen ill since I
being so I will use it
started them
again if my levels drop
below normal
43%
30%
11%
8%
4% 3%
Appetite Stimulant Digestive & Probiotics Immunity & Growth Reproductive General Nutrition & Sports & Wellness
Builder Health
With value contributions greater than 5-6% and becoming more conscious about their gut health and
valued at 350-400 Cr +, the need-based supplements food consumption. Immunity and growth boosters
category as a whole has seen a high percentage of have the third-highest market spot in terms of
growth over the past year and has a lot of scope value. Given the current pandemic climate with no
for innovation, with a significant possibility for end date in sight, one can expect this subsegment
expanding its consumer base in various ways. Within to move upwards. Reproductive supplements that
this category Appetite Stimulant is the largest are used to improve sexual performance and health
contributor and East zone contributes highest to by enhancing vigor, vitality and stamina are also
the Appetite Stimulants sales, owing to the region’s popular. The sports and wellness supplements
dietary lifestyle. Digestives and Probiotics is the next subsegment easily ropes in new users through
lucrative segment witnessing robust growth. Last recommendations via gym-goers and fitness
year has seen multiple new launched and innovation instructors. Some users of menopause supplements
in this space with likes of Abbott launching Pre- are unable to assess any change while others have
8 | Augmentation of wellness trend is boosting vitamins, minerals and supplements category in India
Trying to start muscle building so
maybe I’ll use whey supplements Recommended by the coach to have
21-year-old student from Madhya as part of mixed martial arts (MMA)
Pradesh when asked if he would use VMS
training. Provides the required energy
boost for rigorous training and laso
I used it when I was working out. I helps in relaxation post workout
may restart if I start working out again
34-year-old working professional from Maharashtra
45-year-old stay-at-home person from Delhi on who has been using need-based supplements for
the usage of supplements less than 2 months
Karnataka, West Bengal, Maharashtra, and NCR with In the age group comprising people dependent
a male and female composition of 1:1. on their parents, it was observed that they were
more likely to take it if enforced by a senior family
At the time of the survey, 45.2% of the respondents member, mainly their mothers. Vitamin deficiencies
confirmed their consumption of VMS, which is 8.2% were a major cause of consumption, followed by iron
higher than the national average of 37%. deficiencies. Menopause supplements and protein
supplements were also popular. Among the users,
Figure 6 - Gender Breakup amongst Users the approximate duration of usage is shown below:
A year or more
Female Male 6.3% 2 to 6 months
45.5% Less than a year
36.6% 42.9% It is also observed that Iron and calcium had the
Working
Professionals
Student highest consumption, followed by the vitamin
segment. This trend is in line with the proportion of
mineral and vitamin sales trends.
14.3% 6.3%
Business
Stay-at-home owners
iqviaconsumerhealth.com | 9
Consumption of VMS is proportional to the level of
Figure 9 - Consumption
awareness, as most non-users are not completely
7.2% Calcium aware of the need for supplements or their
10.8% 24.3%
Fatty acids underlying benefits.
Iron
Multivitamins
9.9% Other minerals
3.6% Probiotics Figure 11 - Awareness Level of VMS among Non-Users
8.1% Herbal Supplements
Vitamin B 22.6%
3.6%
0.9% 25.2% Vitamin C
6.3% Vitamin D Very aware
10 | Augmentation of wellness trend is boosting vitamins, minerals and supplements category in India
The Future of the VMS market market with much uncertainty and a severe lack of
information to identify the best strategy to handle the
brands in the categories they operate in.
The Indian VMS market is more reactive than
proactive. People are more likely to consume VMS
This has created a need to spend more on research
products if they show any visible symptoms of illness
and consulting for data-based decision-making to
rather than as a preventive measure. This applies
better address the fluctuating consumer behavior
specifically to single vitamins and combinations of
and attitude towards health. There is currently a
pure Multivitamins. Doctors prescribe VMS products in
focus to reposition existing VMS brands under the
addition to allopathic medicines for various ailments.
‘immunity boosters,’ and to highlight their ability to
However, patients are never made aware of why the
directly promote immunity-boosting ingredients, such
supplement has been prescribed and if the same can
as Vitamins C, D, and E, in addition to a host of other
be self-consumed on a regular basis as a preventive
immunity-strengthening ingredients. Launching new
measure or to maintain general health. This touchpoint
brands in the Vitamins and Dietary Supplements domain
can be leveraged by companies manufacturing VMS
is a major opportunity that COVID-19 has brought to
products to emphasize why they should be used as a
light. Almost all key VMS brands during COVID have
preventive measure. There should be a targeted focus
grown five times the IPM (Indian Pharma Market)
on elderly people through explanations of why the
with few representatives doing rounds with doctors,
consumption of VMS will improve their quality of life.
indicating a rise in VMS. How much of your sales are
Strategic marketing techniques are required to get
prescription-dependent VMS? Do reps really matter
the below-23 age group to become active users. As
for big VMS brands? Are there opportunities for sales-
mentioned earlier, they are more likely to consume pills
force optimization for VMS-dominant CH businesses?
of any kind when enforced by a senior. The widespread
How do doctors want to be engaged? Categories
misconception of VMS products having severe side-
like hygiene and mask-wearing are here to stay. VMS
effects also needs to be debunked. Food fortification
provides consumers with an ‘internal mask’ that
measures by the government are necessary to
protects them from diseases.
provide adequate nutrition at the grassroots level.
VMS manufacturers may find a niche in agriculture or
The rise of digital technology, e-commerce, innovative
biotech while simultaneously improving their rapport
distribution channels, digital prescription methods,
with the government if they were to take part in an
and telemedicine are some of the various focus
advisory capacity for food fortification.
areas where research, consulting, and marketing
expenditure can support greatly to help expand and
Additionally, in the current scenario, COVID-19 has led
scale the current potential of the VMS market.
to tectonic shifts in Consumer behavior and attitudes
towards health. The inability of representatives, the
– IQVIA Consumer Health Expert View
reluctance of doctors to physically connect, the rise of
digital and e-commerce have left the consumer health
iqviaconsumerhealth.com | 11
About the authors
ARUSHI SACHDEVA SHRINIDHI SHETTY
Associate Director at IQVIA Account Leader at IQVIA
ARUNIMA MITRA
Account Manager at IQVIA
12 | Augmentation of wellness trend is boosting vitamins, minerals and supplements category in India
References
1. https://www.mintel.com/blog/indian-consumer/whats-shaping-indias-vms-category
2. https://www.business-standard.com/article/current-affairs/50-indian-women-are-anaemic-why-it-
persists-after-70-yrs-of-freedom-117112100219_1.html
3. https://www.ijem.in/article.asp?issn=2230-8210;year=2019;volume=23;issue=2;spage=211;epage=214;aulas
t=Singla
iqviaconsumerhealth.com | 13
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