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Pan Masala Market in India Size to Hit INR 53,672.3 Crore by 2028 | IMARC Group

03-23-2023 05:29 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Pan Masala Market in India Size to Hit INR 53,672.3 Crore by 2028 |

According to the latest report by IMARC Group, titled "๐๐š๐ง ๐Œ๐š๐ฌ๐š๐ฅ๐š ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง ๐ˆ๐ง๐๐ข๐š: ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ, ๐’๐ก๐š๐ซ๐ž, ๐’๐ข๐ณ๐ž, ๐†๐ซ๐จ๐ฐ๐ญ๐ก, ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ–," the pan masala market in India size reached INR 43,410.2 Crore in 2022. Looking forward, IMARC Group expects the market to reach INR 53,672.3 Crore by 2028, exhibiting a growth rate (CAGR) of 3.4% during 2023-2028.

Pan masala is a popular snack in South Asia, consisting of a mixture of betel nut, tobacco, spices, and flavorings. It is commonly chewed for its pleasant taste and digestive properties. However, its consumption has also been linked to various health problems, such as oral cancer, addiction, and cardiovascular diseases. Despite these health risks, pan masala remains a popular commodity, with a significant market in India and other South Asian countries. In recent years, various governments have undertaken significant steps to regulate or ban the sale of pan masala due to its harmful effects on health.

๐†๐ž๐ญ ๐…๐ซ๐ž๐ž ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/prefeasibility-report-pan-masala-processing-plant/requestsample

๐ˆ๐ง๐๐ข๐š๐ง ๐๐š๐ง ๐Œ๐š๐ฌ๐š๐ฅ๐š ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The widespread availability and affordability of the product represent a significant factor driving the market growth across India. In line with this, the robust cultural significance and extensive acceptance of pan masala in the country are contributing to the growth of the market. In addition to this, the availability of a wide range of flavors and varieties caters to diverse consumer preferences and helps to maintain its popularity, thus driving the market toward growth. The market is also driven by the increasing investment in advertising and promotional campaigns to enhance brand visibility and attract new consumers. Apart from this, India has an extensive and well-established informal distribution network, which is expected to create a positive outlook for the market.

๐ˆ๐ง๐๐ข๐š๐ง ๐๐š๐ง ๐Œ๐š๐ฌ๐š๐ฅ๐š ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ– ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐š๐ง๐ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž ๐–๐ข๐ญ๐ก ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

The competitive landscape of the pan masala market in India has been studied in the report with the detailed profiles of the key players operating in the market.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

The report has segmented the pan masala market in India on the basis of type, price, packaging and region.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐“๐ฒ๐ฉ๐ž:

โ€ข Pan Masala with Tobacco
โ€ข Plain
โ€ข Flavored
โ€ข Others

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐๐ซ๐ข๐œ๐ž:

โ€ข Premium
โ€ข Non-Premium

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐ :

โ€ข Pouch
โ€ข Cans
โ€ข Others

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:

โ€ข Uttar Pradesh
โ€ข Bihar
โ€ข Maharashtra
โ€ข Madhya Pradesh
โ€ข Odisha
โ€ข Jharkhand
โ€ข Delhi
โ€ข Others

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐Ÿ๐ŸŽ% ๐…๐ซ๐ž๐ž ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.imarcgroup.com/request?type=report&id=627&flag=F

๐“๐ก๐ž ๐๐ซ๐จ๐ฃ๐ž๐œ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญย ๐‚๐จ๐ฏ๐ž๐ซ๐ฌ ๐ญ๐ก๐ž ๐…๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐€๐ฌ๐ฉ๐ž๐œ๐ญ๐ฌ:

โ€ข Market Snapshot (Market Performance, Segments, Regional Insights, Covid-19 Impact, and outlook)
โ€ข Project Details, Requirements, and Costs Involved
โ€ข Project Economics
โ€ข Regulatory Procedures and Approval
โ€ข Key Success and Risk Factors

๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ€ข ๐ˆ๐ง๐๐ข๐š ๐…๐š๐œ๐ข๐ฅ๐ข๐ญ๐ฒ ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: http://bit.ly/3LJYKPX

โ€ข ๐ˆ๐ง๐๐ข๐š๐ง ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ: http://bit.ly/3FLMYRr

โ€ข ๐ˆ๐ง๐๐ข๐š๐ง ๐’๐ก๐ซ๐ข๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ: http://bit.ly/3lDHX6D

โ€ข ๐ˆ๐ง๐๐ข๐š ๐…๐ซ๐ž๐ข๐ ๐ก๐ญ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: http://bit.ly/3JYoQ0m

โ€ข ๐ˆ๐ง๐๐ข๐š ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐‚๐จ๐ง๐ง๐ž๐œ๐ญ๐จ๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: http://bit.ly/3Z4rBl3

๐Œ๐ž๐๐ข๐š ๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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