New Delhi, Feb. 6 -- The Indian government is keen to bolster the country's nutraceuticals sector, recognising its vast potential and the challenges it faces in exports and procurement.

Subrata Gupta, Secretary, Union Ministry of Food Processing Industries, emphasised this commitment while addressing industry leaders at Vitafoods India, an event organised by Informa Markets in India on Wednesday.

"The global nutrition market, currently valued at USD 520 billion, is shifting towards traditional and preventive healthcare. India's share, estimated at USD 8 billion, highlights a significant opportunity for expansion, particularly in Ayurveda-based nutraceuticals," Gupta said.

He stressed the sector's role in bridging traditional knowledge ...