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Report
India Pan Masala Market Report and Forecast 2023-2028
Market Report I 2023-10-12 I 188 Pages I EMR Inc.
India Pan Masala Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), theIndian bio agriculture market reached a value of about USD 920 billion in 2022. The market is further expected to grow at a CAGR of 4.2% in the forecast period of 2024-2032 to reach a value of about USD 1344 billion by 2028.
Pan masala, a widely popular Indian concoction of areca nut, slaked lime, catechu, and various flavouring agents, is traditionally used as a mouth freshener and digestive aid. Over time, pan masala has also gained social significance as a hospitality gesture and a cultural emblem in various parts of the country. Besides its traditional use, pan masala finds its place in Indian cuisine as a flavouring agent and in certain religious practices as an offering.
The growing consumer preference for traditional and cultural products is increasing the India pan masala market demand. The increasing awareness about the cultural significance of pan masala and its role in traditional hospitality rituals has led to a significant shift towards its consumption, causing a surge in demand. Moreover, the expanding middle class with higher disposable income has also significantly contributed to the growing popularity of pan masala in the country.
The diverse applications of pan masala across various segments of Indian society have also played a critical role in propelling the India pan masala market growth. In the hospitality industry, pan masala is often served at the end of meals in restaurants and at social gatherings as a palate cleanser and digestive aid. In religious practices, pan masala is used as an offering, particularly in North India, reinforcing its demand in the market.
Furthermore, the growing demand for flavoured mouth fresheners in the Indian market has led to an increased focus on pan masala as a significant player. With the rising trend of experimenting with traditional recipes and the increasing preference for ready-to-use products, pan masala has emerged as a critical component in the formulation of various flavoured mouth fresheners, boosting the India pan masala market expansion.
Market Segmentation
The market can be divided based on type, price range, packaging, distribution channel, and region.
Market Breakup by Type
- Pan Masala with Tobacco
- Plain Pan Masala
- Flavoured Pan Masala
- Others
Market Breakup by Price Range
- Premium
- Non-Premium
Market Breakup by Packaging
- Pouch
- Cans
- Others
Market Breakup by Distribution Channel
- Offline
- Online
Market Breakup by Region
- North India
- East and Central India
- West India
- South India
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the India pan masala market companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- DS Group
- Manikchand Group
- JMJ group
- Godfrey Phillips India Ltd.
- Kothari Product Limited
- Dharampal Premchand Limited
- Shikhar Group
- Pan Bahar Products Private Limited
- Dinesh Pouches Private Limited
- KP Group
- Red Rose Group
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Pan Masala Market Overview
8.1 Key Industry Highlights
8.2 Global Pan Masala Historical Market (2018-2022)
8.3 Global Pan Masala Market Forecast (2023-2028)
8.4 Global Pan Masala Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 India Pan Masala Market Overview
9.1 Key Industry Highlights
9.2 India Pan Masala Historical Market (2018-2022)
9.3 India Pan Masala Market Forecast (2023-2028)
10 India Pan Masala Market by Type
10.1 Pan Masala with Tobacco
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Plain Pan Masala
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 Flavoured Pan Masala
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Others
11 India Pan Masala Market by Price Range
11.1 Premium
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Non-Premium
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
12 India Pan Masala Market by Packaging
12.1 Pouch
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Cans
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Others
13 India Pan Masala Market by Distribution Channel
13.1 Offline
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 Online
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
14 India Pan Masala Market by Region
14.1 North India
14.1.1 Market Share
14.1.2 Historical Trend (2018-2022)
14.1.3 Forecast Trend (2023-2028)
14.2 East and Central India
14.2.1 Market Share
14.2.2 Historical Trend (2018-2022)
14.2.3 Forecast Trend (2023-2028)
14.3 West India
14.3.1 Market Share
14.3.2 Historical Trend (2018-2022)
14.3.3 Forecast Trend (2023-2028)
14.4 South India
14.4.1 Market Share
14.4.2 Historical Trend (2018-2022)
14.4.3 Forecast Trend (2023-2028)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter's Five Forces Analysis
15.2.1 Supplier's Power
15.2.2 Buyer's Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 DS Group
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Manikchand Group
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 JMJ group
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Godfrey Phillips India Ltd.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Kothari Product Limited
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Dharampal Premchand Limited
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Shikhar Group
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Pan Bahar Products Private Limited
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Dinesh Pouches Private Limited
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 KP Group
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Red Rose Group
16.2.11.1 Company Overview
16.2.11.2 Product Portfolio
16.2.11.3 Demographic Reach and Achievements
16.2.11.4 Certifications
16.2.12 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Pan Masala Market: Key Industry Highlights, 2018 and 2028
2. India Pan Masala Market: Key Industry Highlights, 2018 and 2028
3. India Pan Masala Historical Market: Breakup by Type (USD Million), 2018-2022
4. India Pan Masala Market Forecast: Breakup by Type (USD Million), 2023-2028
5. India Pan Masala Historical Market: Breakup by Price Range (USD Million), 2018-2022
6. India Pan Masala Market Forecast: Breakup by Price Range (USD Million), 2023-2028
7. India Pan Masala Historical Market: Breakup by Packaging (USD Million), 2018-2022
8. India Pan Masala Market Forecast: Breakup by Packaging (USD Million), 2023-2028
9. India Pan Masala Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
10. India Pan Masala Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
11. India Pan Masala Historical Market: Breakup by Region (USD Million), 2018-2022
12. India Pan Masala Market Forecast: Breakup by Region (USD Million), 2023-2028
13. India Pan Masala Market Structure
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