Naturhouse enters India, the world’s third biggest market in terms of overweight population numbers
Barcelona, 19 July 2016.-Naturhouse, a company specialising in the sale of diet products and dietary re-education, has taken a further step in its international growth strategy by entering India. With the opening of this new market, Naturhouse is now present in 32 countries.
India, with GDP growth of more than 7.5% in recent years and a population of 1.25 billion people, is the third-ranked country after the United States and China in terms of overweight population numbers. In fact, it is estimated that India already has around 225 million inhabitants who are overweight.
Naturhouse’s arrival in the Indian market takes place through a master franchise agreement for Western India with local company Nutrim LTD, owned by businesspeople Rajesh Arun Desai, HemlataMishra and Beeharry
RohanRahulKapur. Through this agreement, Naturhouse expects to open a total of 34 new stores. The master franchise agreement is the formula selected by the company when operating in markets that recommend this model due to their socioeconomic conditions.
This new market is another step forward in the company’s intense process of expansion and international growth, with operations in 32 countries via 2,160 centres. With its entry into India, three master franchise agreements have been signed in 2016 (Hungary and Malta), with Naturhouse planning to open 98 centres.
According to Félix Revuelta, Chairman of Naturhouse, “Entering India is a historic milestone for the company, because it means we are present in the world’s third biggest market in terms of overweight population figures and once again shows the capacity of our business to adapt to new countries and cultures.”
About Naturhouse
Naturhouse is a Spanish business group listed on the Spanish stock exchange that works in the diet and nutrition sector, with a proprietary and distinctive business model based on the “Naturhouse Method”. The method combines the sale of food supplements with free, personalised advice and monitoring from a qualified specialist. Since it opened its first shop in the Spanish city of Vitoria in 1992, Naturhouse has provided advice to more than 5,500,000 people. The company, which operates in 32 countries, had 2,160 centres at 31 March 2016, both directly operated and franchises. Naturhouse is the only diet food business to be present throughout the whole value chain, from product development and manufacturing to sales and customer assessment. This, alongside the business’ low investment requirements and an attractive return for franchisees, has meant the company has received numerous awards. For seven consecutive years, it has been selected as one of the top 100 franchises worldwide by Franchise Direct.
For further information, please contact Kreab:
Mireia Corchon (+34 934 185 387) mcorchon@kreab.com/ Óscar Torres / José Luis González (+34 91 702 71 70) otorres@kreab.com/jlgonzalez@kreab.com
