(Food-Beverage-News.Com, December 07, 2018 ) Areca Nuts Market Overview The Areca Nut is the seed of the areca palm, in tropical Pacific (Melanesia and Micronesia), Southeast and South Asia, and parts of east Africa regions it grows. Areca Nut is also known as betel nut so it is easily confused with betel (Piper betle) the leave are often used for wrap it (paan).
Consumption of this seeds many harmful effects on health and is carcinogenic to humans. Varied compounds are associated with these nuts, most importantly arecoline (the primary psychoactive ingredient which is similar to nicotine), contribute to histology changes in the oral mucosa. The use of areca nut is discouraged by preventive efforts because of following psychoactive indigents present in it.
Areca Nuts Market Report (2018-2023) The areca nuts market is expected grow at a robust CAGR during the forecast period (2018-2023)
Areca Nuts Market Segmentation The Global market of Areca Nuts is driven by the rising consumption and demand, in the developing and developed regions of the world. However, cancer acts as a major restraint on the growth of the market. Widely harmful effects are noted due to the consumption of areca nuts. The Global Areca Nuts market is classified on the premises of volume, distribution channel and by region. Based on volume, the market is segmented into imports and exports. Based on distribution channel, the market is classified among hypermarkets and supermarkets, food and drink specialists, convenience stores and others.
Geography segment The market has also been geographically divided into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. In 2015, North America led the global Areca Nuts market in terms of market share. The market share in Europe has decreased owing to the rising incidence of obesity in the region coupled with increasing consumer health awareness. The market for these Areca Nuts in Asia-Pacific area is amplifying because more of consumption. The Asia-Pacific and other rising nations are foreseen to develop at a quick pace in the Areca Nuts market in the following years when compared with the seasoned markets of developed regions.
Major Players: The major players operating in the Global Areca Nuts industry include • Amafu Stock Trading Pty, • Agro Komoditindo, • Portpro Duct Co., • Indo Aluvium Permata, • Plamai Gabor Gyorgy, • Kuber Grains & Spices.
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