Nutrify Today has launched a nutraceuticals academy, aimed at elevating the skill sets of professionals in the industry and allowing them to "stay in sync" with its growth.
The Nutrify Today Academy, with bases in Mumbai and Bangalore, India, will initially focus on Asia before expanding to other markets through an online curriculum. Institutions including GITAM, Centurion University, AIC-CCMB, National Research and Development Corporation of India, Indian Institute of Integrative Medicine, and others, will be affiliated with the academy.
Amit Srivastava, Chief Catalyst for Nutrify Today says the academy will provide access to students studying pharma, food technology, biochemistry, and chemical engineering who want to pursue a career in nutraceutical ingredient formulation. The academy aims to train a minimum of 5,000 professionals by 2024.
Srivastava said: “India is currently a $8bn market, however, we expect exports to grow significantly. Stakeholders in the sector predict that by 2025, the industry will be valued USD$40 billion, and by 2030, it will be worth as much as USD$100 billion.”
The Academy's faculty will include senior industry professionals and academics, providing an inside view of the industry. “The Nutrify Today Academy is an industry educational platform that will help nutraceutical professionals expand their business acumen. The industry is eagerly seeking people who are knowledgeable about product formulations, scientific and overall business development,” said Srivastava.
Initial Nutrify Today Academy industry representatives will include Balkumar Marthi, the former R&D head of Unilever, Brijesh Kapil, former Procter & Gamble India board member, Naaznin Hussein, former President of the Indian Dietetics Association and key opinion leader,
Nutraceuticals is still considered a relatively recent field of study in the Indian healthcare industry, Nutrify says. The field has reportedly sparked attention in recent years because of its potential nutritional, safety, and medicinal advantages, and as an industry, has significant growth potential.