What is Pan Masala Market?
The tradition of eating breath fresheners after meals have a very long historical use of pan masala as breath fresheners is increasing the demand for it is booming. It is a composition of areca nuts, catechu, flavouring agents, natural perfuming materials and others. It is probably used to provide a fresh breath to the mouth by removing bad odour. It is made up of precise measurements of all the ingredients used for making it by concerning human health and taste. Moreover, it is most often considered as an item to aid digestion after consuming highly spicy meals. The use of Indian pan masala is considered safer over the synthetic pan masala which is made with chemical and petroleum ingredients thus the demand for the Indian pan masala is increasing in the market.
The market study is being classified by Type (Plain pan masala, Sweet pan masala, Flavoured pan masala and Others) and major geographies with country level break-up.
Pan Parag India Ltd. (India), Dharampal Satyapal group (India), Mahak Chaini Khaini (India), Gopal Corp (India), Manikchand Group(India), Godfrey Phillips (India), Kothari Products (India), Lalwani Group Of Company's (India) and Ashok & Co. PanBahar Ltd (India) are some of the key players profiled in the study.
Research Analyst at AMA predicts that India Vendors will contribute to the maximum growth of Global Pan Masala market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Pan Masala market by Type, Application and Region.
On the basis of geography, the market of Pan Masala has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The Growing Demand for the Indian Pan Masala over Synthetic Pan Masala Is Booming the Demand for It in the Market
- Increasing Demand for the Non- Tobacco Pan Masala
Market Trend
- Use of Areca Nut for Making the Pan Masala Is Highly Accepted among All the Sectors
Restraints
- Pan Masala That Include Tobacco Products Are Injurious For Health
Opportunities
- Increasing Demand from All Sectors of the Society Including both Men and Women in Asia Pacific Region Has Created the Growth Opportunities for the Pan Masala Market
Challenges
- Excess Consumption of Pan Masala Can Develop Oral Precancer
Key Target Audience
Processed Food Suppliers/Distributors, Raw MAterial Suppliers, Potential Investors, Research and Development Organisation and Government Bodies