First step towards transforming self-care
The global consumer healthcare industry is undergoing a profound
transformation, fueled by increasing consumer awareness, rapid digital adoption, and the
growing shift towards self-care solutions.
With a projected CAGR of 7.91%, the market is expected to reach
approximately USD 708.44 billion by 2034(Precedence Research) .
Dear shareholders,
It is with great enthusiasm & pride that I am addressing you as the
Chairman of Sanofi Consumer Healthcare India Limited (SCHIL). This marks a defining moment
in our journey as we establish ourselves as a standalone consumer healthcare company,
following our successful demerger from Sanofi Limited. With a strong legacy, market
expertise, and a commitment to innovation, SCHIL is poised to shape the future of consumer
healthcare in India. I extend my heartfelt gratitude to our investors, partners,
employees, and all stakeholders for their trust and belief in our vision.
We are proud to have built a fine management team whose passion and
expertise drive our mission forward, and we are equally fortunate to be guided by an
accomplished and visionary Board of Directors.
A changing consumer healthcare landscape
The global consumer healthcare industry is undergoing a profound
transformation, fueled by increasing consumer awareness, rapid digital adoption, and the
growing shift towards self-care solutions. With a projected CAGR of 7.91%, the market is
expected to reach approximately USD 708.44 billion by 2034 (Precedence Research).
In India, the consumer healthcare market was valued at approximately
68,000 crore as of December 2024, reflecting the sector's rapid growth and evolving
consumer behavior. Indian consumers are increasingly prioritizing preventive healthcare,
holistic wellness, and digital-first solutions, leading to a surge in demand for fitness,
nutrition, and early diagnostics. The shift from reactive treatments to proactive health
management is reshaping the industry landscape.
The expansion of e-commerce and digital health platforms has further
enhanced accessibility, offering consumers the convenience of online consultations,
doorstep delivery of health products, and AI-powered self-care recommendations.
We see this as a pivotal opportunity to innovate our product offerings,
expand accessibility, and strengthen consumer engagement. By staying ahead of industry
trends and aligning with India's evolving health-conscious mindset, we aim to empower
individuals to take charge of their well-being in a more connected and informed way.
Gratitude to regulatory bodies and the government
On behalf of the Board, I extend our sincere appreciation to the
Government of India and regulatory bodies for their continuous support in shaping an
environment that encourages science, innovation and growth in the consumer healthcare
sector. Their progressive policies and initiatives have enabled companies like ours to
enhance healthcare accessibility, improve consumer well-being, and contribute to a
healthier nation.
SCHIL's vision
Our vision is clear: To become the best Fast-Moving Consumer Healthcare
(FMCH) company in and for the world. As we take bold strides on this transformative
journey, we remain committed to delivering high-quality, science-backed self-care
solutions that empower consumers to take charge of their health. With a deep understanding
of evolving consumer needs and a strong foundation in research and innovation, we are
confident in our ability to redefine the consumer healthcare landscape in India and
beyond.
The past year has been an exciting phase for SCHIL. Despite the
demerger, we have generated significant value for our stakeholders, a testament to the
strength of our business model and the support of our shareholders. Our journey has been
further strengthened by our parent company, who believed in our strategic vision and
continue to drive SCHIL toward greater heights.
We see this as a pivotal opportunity to innovate our product offerings,
expand accessibility, and strengthen consumer engagement.
On a global scale, SCHIL stands to benefit from the collaboration
between Sanofi and CD&R, as announced recently. This partnership will only propel our
ambitions, enabling us & our parent entity to emerge as a leading consumer healthcare
company. With a strong portfolio of trusted brands, global market presence, and a
commitment to innovation, we are excited about the opportunities that lie ahead.
Our commitment to sustainability
Furthermore, we recognize that health extends beyond individuals to
encompass the well-being of our planet. Our Sustainable Care Pledge (SCP) reflects our
commitment to a healthier society and a healthier planet. We are dedicated to responsible
sourcing, packaging, and reducing our environmental footprint by dedicating to community
& health causes, ensuring that our growth is both sustainable and impactful.
Looking ahead
As we step into this new chapter, our mission remains steady: To
empower people to champion better self-care for themselves, their communities, and the
planet through consumer-inspired, science-based products and solutions.
I want to express my gratitude to all our shareholders who have
believed in us and stayed strong in this new journey. We are proud to have built a fine
management team and are truly blessed with an accomplished and insightful Board of
Directors. I would also like to acknowledge their continued contributions and commitment
to our journey. Together, we are shaping a healthier, brighter future because, at SCHIL,
we firmly believe that health is in your hands.
Warm regards, |
Amit Jain |
Chairman |