The demand for nutraceutical merchandise has elevated in current years ensuing in a remarkable growth of the sector with a compounded annual growth of 20% over the previous three years, stated a workshop on pure biopolymers right here organised by the Central Marine Fisheries Research Institute (CMFRI) lately.
A communication from the institute stated the development was pushed by growing well being consciousness among the many public and rising emphasis on preventive healthcare. Projections point out that the nutraceutical market in India will broaden from an estimated $4 billion to a formidable $18 billion by the tip of 2025.
The workshop was organised beneath the scientific social accountability coverage of the CMFRI. Experts additionally noticed that the growing demand for nutraceutical merchandise was a sign of the necessity to utilise untapped pure assets.
The assembly laid stress on the pressing must discover marine organisms to unearth novel bioactive compounds able to addressing unmet medical wants and increasing healthcare frontiers.
The CMFRI’s nutraceutical merchandise from seaweeds to deal with life-style ailments akin to diabetes, weight problems, arthritis, hypertension, and thyroid have obtained overwhelming response from the general public. The institute will proceed to discover the medicinal prospects of such marine organisms, stated the communication citing CMFRI Director A. Gopalakrishnan.
Krupesha Sharma, head of the Marine Biotechnology, Fish Nutrition and Health Division of the CMFRI, presided over the meet. The workshop was geared toward sharing the most recent info and applied sciences associated to the isolation, characterisation and growth of pure biopolymers with pharmaceutical purposes, stated Kajal Chakraborty, principal scientist and coordinator of the workshop.