Chandigarh, December 21, 2023: Venus Remedies Limited, a prominent player in pharmaceutical research and development, has unveiled a major makeover for its consumer healthcare division, R3SET. This strategic pivot marks R3SET’s foray into the wellness industry and an extensive enhancement of its pain management offerings. It showcases the company’s commitment to providing holistic wellness solutions for consumers.
According to recent data from Euromonitor, the Indian Consumer Healthcare market was valued at Rs 42,392 crore in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4-5% until 2028.
“R3SET’s venture into the wellness sector is not merely an expansion; it reflects our belief that wellness should be an integral part of daily life. Our products and brand identity are designed to foster wellness as a daily practice, seamlessly integrating into consumers’ lifestyles,” stated Mr. Saransh Chaudhary, President of Consumer Healthcare at Venus Remedies Limited. “This strategic move showcases our dedication to making wellness accessible and a part of everyday life for our consumers,” he added.
The introduction of R3SET Detox Candies, formulated with a blend of natural herbs such as Kalmegh, Punarnava, Daru Haldi, Manjistha, and Guduchi, positions R3SET as a player in the wellness market. The unique combination of these ingredients aims to provide holistic detoxification benefits and support overall well-being.