Leading Companies in the India Pan Masala Market
Author:
Intellectual Market Insights Research
Published Date:
11 Apr 2025
Leading Companies in the Market
Company Name | Founded | Headquarters | Employees | Revenue (2024) |
Rajnigandha & DB Siggnature (DS Group) | 1929 | Noida | 5,000+ | Approx.$1.1 Billion |
RMD (Manikchand Group) | 1959 | Pune | 4,000+ | Approx.$700 Million |
Pan Parag (Kothari Products) | 1969 | Kanpur | 2,500+ | Approx.$400 Million |
Pan Vilas (Godfrey Phillips) | 1844 | Mumbai | 3,500+ | Approx.$300 Million |
Rajshree (DS Group) | 1929 | Noida | 5,000+ | Approx.$1.1 Billion |
Vimal (KR Group) | 1983 | Gujarat | 2,000+ | Approx.$200 Million |
Shikhar Pan Masala | 2003 | Ghaziabad | 1,000+ | Approx.$150 Million |
DS Group - Dharampal Satyapal Limited
KR Group - Kothari Products Ltd.
Regional Analysis: Market Expansion and Dominance
India (Domestic Market)
- North India remains the most dominant region with heavy consumption in states like Madhya Pradesh, Uttar Pradesh, Bihar, and Delhi.
- West India, especially Maharashtra and Gujarat, show strong urban demand.
Global Presence
- Middle East and Southeast Asia are key export regions for Indian pan masala brands due to high demand among the Indian diasporas.
- DS Group and Manikchand have significantly expanded into the UK, Canada, and Gulf countries.
- Regulatory barriers are a growing concern, especially in Europe and North America.
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