Chandigarh is listed among the wealthiest cities in the country and now the region is all set to become the next big destination for the wellness industry.
Chandigarh has successfully proven to be a profitable business region, influencing and allowing new startups and franchisors to come up with unique business ideas. The current health and wellness trends are influencing the franchisors nationally that is clearly visible in the Chandigarh region as well.
India dietary supplement market to reach $ 3.8 billion by 2022, on the back of growing consumer awareness about preventive healthcare, increasing purchasing power and rising cases of lifestyle diseases such as obesity, blood pressure, diabetes, malnutrition, etc.
The increasing concern of people towards leading a healthier lifestyle followed by other health and fitness trends are hugely contributing towards the booming of this industry in India. This particular segment has successfully evolved from being a niche business segment to a popular business segment in the modern day business industry.
Aging Population is a Key
The aging population of Chandigarh is being considered as one major driving factor for the dietary supplement business in the region. The local residents are expected to shift their spending methods to another gear, investing more into healthcare and realign market.
Chandigarh is already witnessing and welcoming vitamin and dietary supplement businesses that are doing great in the current time. The response these brands have experienced have motivated them to offer more as a brand, eventually promoting new startups and businesses to invade the region for acquiring a successful dietary business.
The Rising of Consumer Awareness in Chandigarh
The eating habit of this region is nationally famous. The local people normally preferred to consume anything that attracted their taste buds. But things are changing gradually.
The staying healthy trend has entered the Chandigarh region, increasing consumer awareness about ingredients and diets that are necessary for a healthier lifestyle. The local consumers are marching towards the online platform for seeking preventive healthcare tips from renowned doctors and wellness business owners.
Thus, it’s a great time to invest in the dietary business in Chandigarh as one could also establish an online dietary business, dispensing both lifestyle and diet advice that is in huge demand in the modern time.
E-Commerce Boosting the Sales
The Indian E-Commerce industry is successfully evolving with time. The industry has numerous brands that are catering to the consumers via an online platform. Witnessing the demand of dietary supplement business in India, investors could establish a dietary supplement business by collaborating with an E-commerce platform including the Chandigarh region.
Therefore, establishing a dietary supplement business in Chandigarh could be a profitable step towards achieving your vision as a businessman/woman.
Since Chandigarh is already a hub for many franchises and businesses, a proper business plan and marketing strategy could help a dietary business attain success in no time.
Those who want to start their own business or take up franchisees can join in the FRO 2019, happening in Chandigarh on 19-20 January, to know more about the franchise business, financial advice, and business advice from the experts. Meet the investors personally and participate to change the small world of business.