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Analysis on the Areca Nuts Market in APAC, 2019-2023 - Key Drivers, Trends, Challenges and Opportunities - ResearchAndMarkets.com

February 13, 2019

DUBLIN--(BUSINESS WIRE)--Feb 13, 2019--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/

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Related Topics:Nuts, Seeds and Dried Fruit

KEYWORD:

INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 02/13/2019 07:19 AM/DISC: 02/13/2019 07:19 AM

http://www.businesswire.com/news/home/20190213005374/en

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