date:Jul 25, 2012
The new sales subsidiary will open on September 5 at the same time as FI India and will be dedicated to promoting Nexiras health ingredients portfolio as well as its flavour encapsulation and emulsions.
Indias hefty nutraceutical market (dietary supplements and functional products) was worth US$1.48bn in 2011 and is set to soar to US$2.73bn by 2016 at an annual rate of 13%, according to a Frost Sullivan report.
Frost Sullivan said that while the functional food sector is set to surge the