Anabolic Steroid market in India

Whether one likes it or not but anabolic steroids have become an internal part of professional bodybuilding, modeling, movie stars and physique athletes. So, what exactly are anabolic steroids? Anabolic steroids are also known as anabolic androgenic steroids (AAS). They are steroidal androgens containing natural androgens like testosterone as well as synthetic androgens that are structurally related and have similar effects to testosterone. They increase protein within cells, especially in skeletal muscles and increase the growth of facial and body hair and the growth and maintenance of masculine secondary sexual characteristics like muscular body.

Market Size

Anabolic steroids are banned in various countries and are not freely available and require a prescription. On the other hand, there are some countries including India where steroids are much freely available.

Though anabolic steroids require prescription in India too but a little extra bucks and a friendly relation with a pharmacist can make all the drugs and steroids readily available to you! So, here arises the question- “Who are the potential customers?” The majority of customers in the market comprises of trainers mostly in ‘local gyms’ and gym owners. Though, all the trainers are involved in the market as customers but majority are from local gyms.

Now, moving on to the consumers, they are mostly males between the ages of 16 and 30.  The highest percentage of people using anabolic steroids is in 12th standard; 45% of 12th standard students of urbanized cities use anabolic steroids. Thus, the greatest place to sell them is metropolitan cities.

According to a survey, 75% of the anabolic steroid users would prefer to have them even if they reduce their life span. Thus, the customer base is loyal to the companies.

Moreover, anabolic steroids have found their loyal customer base in the Bollywood industry and the modeling industry in India. Since all the models need to keep those muscles good, round and lean for the entire year, they are in a habit of depending on steroids. Apart from models, anabolic steroids have found a prominent place in Bollywood where all the actors pack on perfect sets of muscles as required by the role in the movie in a really short span of time, this is possible only with the help of artificial hormones and anabolic steroids.

To cut short the argument, we can conclude that there is a great market in India for anabolic steroids especially in urbanized cities.

Anabolic Steroid Manufacturers

Since the demand for anabolic steroids is constantly increasing, there has been an increase in the number of manufacturers in India, many of which are selling fake products. So, the market is full of manufacturers from all around the globe! Some of the Indian manufacturers that are in the game of anabolic steroids are:-

  1. Abbott India Ltd.
  2. Yana Healthcare Pvt. Ltd.
  3. Shree Venkatesh International Limited
  4. Sun Pharma

There are many more and almost every pharmaceuticals that produce major drugs used in operations and for serious diseases. Apart from these, the manufacturers that are more trusted by the people (mostly celebrities, models and rich brats) who would love to invest more and get really genuine products are:-

  1. Alpha Pharma
  2. Bayer
  3. Puro-Labs
  4. Concentrex
  5. Organon
  6. Sciroxx Labs
  7. Signature Pharmaceuticals
  8. Kaipa Pharmaceuticals
  9. Geneza
  10.  British dispensary
  11.  British Dragon
  12.  ElitePharm
  13.  LA Pharma

How to establish Anabolic Steroid Manufacturing Company (Pharmaceutical)

Establishing a Pharmaceutical in India is not a difficult task, you just need to specify what kind of drugs you’re going to manufacture, like Schedule IV drugs stands for steroids and then you can apply for a manufacturing license for those types of drugs. The documents and licenses required to open a pharmaceutical are as follows:-

  1. Drug License No. (D.L.) Number
  2. GST or Goods and Service Tax Registration
  3. Food Safety & Standard Authority of India (FSSAI) (Rs 100 annually for Re-registration)
  4. Trade Mark per product or name: Estimated Expense (Rs4500 (government fees + advocate fees respectively)
  5. Company Registration
  6. Private Limited Company registration: Estimated Expense – Rs8000 to Rs9000.

Owning documents related to drugs license is very important. You need to own a wholesale drug license from local drug control inspector or officer. Registering on GST network will be issued by the tax authorities of India. You need to register with a unique name of your company at the registrar of companies under companies act, 1956 or 2013.

But establish a pharmaceutical isn’t enough; you’ll need experienced chemists who are very careful with and serious about their work. This is so because in order to produce good quality anabolic steroids, the chemists need to be highly educated and careful because a slight mistake may cause harm to the consumer and bring a bad name to the company.  Moreover, purity matters in the game, so if you’re into gray market, drop the plan! You should also sell your products at a competitive price range; since this market is sensitive, products offered at a cheap rate are considered to be of poor purity and quality and those priced too expensive will not be sold either.

Legal Steroid Market

Yes, there are products termed as legal steroids. These products are allegedly claimed to be safe. These products are just mimics of the original anabolic steroids; they are made from natural herbs and ingredients. They provide with a similar effect as the original steroids but are completely safe; they neither harm your liver and kidney nor produce estrogen in the body. So, a PCT (Post Cycle Therapy) isn’t required after using them. They are also much in demand though not as much as anabolic steroids. The market for these products is increasing day by day due to all the harmful effects of steroids because proper dosage and exact effects aren’t known to much people who use and sell it. So, there has been a rise in the number of casualties, making an increased demand in lesser harmful products. Some of the brands which make such products are- Crazy Bulk and Marine Muscles.