NUTRACEUTICALS

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• Nearly 20 Indian nutraceuticals firms have received total funding of more than $22 million at the industry summit held in Mumbai.
• The Members of the UAE royal family and a special delegation from Australia were present at the summit.

Nutraceuticals

• Nutraceuticals are products, which are used as food, as supplementary nutrition and also as medicine.
• A nutraceutical product may be defined as a substance, which has physiological benefits or provides protection against chronic disease.
• It may be used to improve health, delay the ageing process, prevent chronic diseases, increase life expectancy, or support the structure or function of the body.
• Nutraceuticals have received considerable interest due to their potential nutritional, safety and therapeutic effects.

https://www.thehindu.com/incoming/20-nutraceutical-firms-bag-seed-funding-worth-22-million/article65546008.ece

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