Analysis on the Areca Nuts Market in APAC, 2019-2023 - Key Drivers, Trends, Challenges and Opportunities - ResearchAndMarkets.com
The Areca nuts market in APAC will register a CAGR of over 4% by 2023.
The "Areca
Nuts Market in APAC 2019-2023" report has been added to ResearchAndMarkets.com's
offering.
The Areca nuts market in APAC will register a CAGR of over 4% by 2023.
Areca nuts have found widescale application as an alternative
constituent in various industries. This is one of the major reasons
behind the growth in demand and popularity of areca nuts in APAC.
Areca nuts are used as a major ingredient in the preparation of products
such as tea. Furthermore, the product has become widely popular in India
and is even exported to countries like Russia, the UK, and Australia.
Moreover, in November 2017, Arecatea announced to launch a range of
organic cosmetic products containing areca nuts as a major ingredient in
the Indian market.
Medicinal values of areca nuts
The inclusion of areca nuts in the preparation of ayurvedic medicines
has been the major factor propelling their demand and popularity in
APAC, especially in India and Sri Lanka.
The chemical constituents in areca nuts are gallic acid, tannin, a fixed
oil gum, a little terpineol, lignin, various salir substances, and three
main alkaloids, namely, Arecoline. Arecain and Guacine, which have
vasoconstriction properties.
Side effects of areca nuts
Areca nuts are widely chewed along with betel quid in most parts of
rural India, Bangladesh, Sri Lanka, Myanmar, Vietnam, and Thailand.
Areca nuts, however, can cause various side effects when taken in high
doses.
For the detailed list of factors that will drive and challenge the
growth of the areca nuts market in APAC during the 2019-2023, view this
report.
Competitive Landscape
The market appears to be moderately fragmented and with the presence of
several companies. This market research report will help clients
identify new growth opportunities and design unique growth strategies by
providing a comprehensive analysis of the market's competitive landscape
and offering information on the products offered by companies.
Key Players
- GM Group
- Shri Ganesh Prasad Traders
- Shri Girraj Supari Traders
- The Campco
- Viet Delta
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Comparison by product
- Red areca nuts - Market size and forecast 2018-2023
- White areca nuts - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- Areca nuts market in India - Market size and forecast 2018-2023
- Areca nuts market in China - Market size and forecast 2018-2023
- Areca nuts market in Taiwan - Market size and forecast 2018-2023
- Areca nuts market in Bangladesh - Market size and forecast 2018-2023
-
Areca nuts market in the Rest of APAC - Market size and forecast
2018-2023 - Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Technological advances in areca nuts production
- Prevalence of clean labeling and fair-trade practices
- Growing prominence of online platform
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- GM Group
- Shri Ganesh Prasad Traders
- Shri Girraj Supari Traders
- The Campco
- Viet Delta
For more information about this report visit https://www.researchandmarkets.com/research/vgqlf4/analysis_on_the?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20190213005374/en/