Areca Nuts Market Evaluation of Industry Trends, Growth DriversPosted by Aparna P on September 14th, 2022  Areca nuts are gaining traction as garden crops. These nuts are available in two colors, namely, red and white. In recent years, there is surge in scientific farming of these crops on larger scales in non-conventional areas. Areca nuts are utilized for a wide range of purposes. They are used as an additive to betel leaf in the preparation of paan, which is extensively consumed across several Asian regions, particularly in India. Increased product use in paan is projected to fuel demand avenues in the areca nuts market in the forthcoming years.
Areca nuts are gaining traction owing to their various medicinal uses. For instance, areca nut is popularly utilized for curing different intestinal issues. Consuming powdered areca nuts can help in removing intestinal parasites. Apart from this, these nuts are widely consumed to remove tapeworms. On the back of all these medicinal applications, the areca nuts market is expected to experience extensive growth opportunities in the years ahead.
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The global areca nuts market is divided into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all these region, Asia Pacific is expected to hold maximum share in the coming few years. This is majorly due to significant rise in in production levels of areca nuts in the region and increasing consumption of areca in the counties such as India, Bangladesh, China, and Sri Lanka.
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