With the increasing awareness among consumers relating to health and wellness, the food, nutrition and wellness sector has seen a tremendous growth in recent years. Against this backdrop, intensified funding and consolidation in this sector is evident, including by some of the major FMCG players.
The growth in this sector has led to increased scrutiny by sectoral regulators. In this mid-year Food, Nutrition and Wellness Newsletter, INDUSLAW's Harman Walia, Sanjana Mathur, Tanmaya Negi, Rusha Ghosh Dastidar and Varnika Agarwal provide some food for thought on the key regulatory developments, judicial decisions, and market updates in the food, nutrition and wellness sector for the period between January 2023 - June 2023.