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Dietary Supplement Business In India

In this article, we will discuss in brief about the dietary supplement products and what are the needs for starting its business in India.

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What are nutritional or dietary supplementary products?

People of India have now become more health conscious. They are more concerned about overall health and wellness, this is the reason why they need some supplementary nutritions products along with nutritious food. In the market, we can get a number of health supplements that contain required doses of vitamins, minerals, nutraceutical ingredients, botanical ingredients etc. Moreover, several multivitamin tablets are also sold that have several supplementary nutrients. They are sold by obtaining the license from the respective authority i.e. Food Safety and Standard Authority of India.

Lack of proper authorization a nutritional supplement manufacturer will come under the prosecution risk. To eliminate this confusion nutritional supplement or dietary supplement is defined perfectly as any product that is consumed by mouth and is composed of all ingredients that will support or supplement the normal everyday diet. Ingredients are vitamins, mineral, botanical ingredients, Nutraceuticals, prebiotics and probiotics.

Importance of business sales model

For starting a nutritional supplement business, you need to register your business and then decide about the business configuration along with the sales model. Based on your business model you have chosen, it is decided how your profits will be taxed by the government of India and other legal protection you possess. Some of the reliable options are sole proprietorship, LLC, Partnership. .

Labelling importance in Nutritional supplement business.

 If you are thinking of opening a food supplement business in India then you must have a firm knowledge of the labelling requirement before applying for a food license. Dieatary supplementsshould comply with the FSSAI labelling requirements mentioning mandatory deails such as category of dietary supplement,purpose of the product, target consumer group, disease or the physiological condition as specified by the food group, instructions for use, recommended dosage and necessary claims as per the ingrediets added in the formulation.. While introducing the food in the market for the use of public the label should contain a statement that will clearly define the nature of the food and should not in any way mislead the buyer.

Pharma CTD dossier

It is a fundamental part of any pharmaceutical product registration process, which is submitted to the Food & Drug Administration of the Ministry of Health, of the concerned authority. The ACTD Dossier compliance is a widely accepted format of the dossier and is submitted along with other required documents for registration or license of any new pharmaceutical product.

Thus, we get a clear idea on nutritional supplement product and its introduction in the Indian market.