Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
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According to the latest report by IMARC Group, titled “Pan Masala Market in India Price Trends: Industry Share, Size, Growth, Opportunity and Forecast 2021-2026,” the pan masala market in India reached a value of INR 45,585 Crore in 2020. Looking forward, IMARC Group expects the pan masala market in India to exhibit moderate growth during the next five years.
We are regularly tracking the direct effect of
COVID-19 on the market, along with the indirect influence of associated
industries. These observations will be integrated into the report.
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Pan masala is a mixture of areca, slaked lime,
cardamom, catechu and some other flavoring agents, and is marketed as a mouth
freshener and a digestive aid in India. A wide variety of pan masala is
available in the market with different flavors catering to the tastes and
preferences of consumers. Some of these variants include ingredients like
sugar-coated fennel seeds, cardamom, saffron (Kesar), gulkand (sweet-preserved
rose petals) and silver-coated betel nuts. Nowadays, pan masala comes in
attractive foil packets (sachets) and tins that can be stored and carried
conveniently. Owing to this, it has become popular in urban and rural areas of
India, especially among adolescents.
The increased awareness regarding the harmful
effects of tobacco products has led to a shift in consumers’ interests toward
the consumption of flavored or plain pan masala. Besides this, manufacturers
have started offering their products in innovative packaging that is sealed
from all corners. This ensures longer shelf life and retains the aromatic
fragrance of the product. They have also introduced products in flexible,
convenient and cost-efficient packaging, such as pouches or sachets, which can
be consumed on-the-go. Apart from this, a large number of market players are
focusing on aggressive advertising strategies, including celebrity
endorsements, to promote the product and entice consumers to a specific brand
or product. Looking forward, the market value is projected to reach strong
growth by 2025.
Pan Masala Market in India 2021-2026
Competitive Analysis and Segmentation:
Competitive
Landscape With Key Players:
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.
Key Market
Segmentation:
The report has segmented the pan masala market in
india on the basis of state, type, price, and packaging.
Breakup by State:
·
Uttar Pradesh
·
Bihar
·
Maharashtra
·
Madhya Pradesh
·
Odisha
·
Jharkhand
·
Delhi
·
Others
Breakup by Type:
·
Pan Masala with Tobacco
·
Plain Pan Masala
·
Flavored Pan Masala
·
Others
Breakup by Price:
·
Premium
·
Non-Premium
Breakup by Packaging:
·
Pouch
·
Cans
·
Others
Explore Full Report
with TOC & List of Figure: https://www.imarcgroup.com/prefeasibility-report-pan-masala-processing-plant
Key highlights of the report:
If you need
specific information that is not currently within the scope of the report, we
will provide it to you as a part of the customization.
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IMARC’s information products include major market,
scientific, economic and technological developments for business leaders in
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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.
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