Leading Companies in the India Pan Masala Market

Published Date : 2025-Apr-11

The Indian Pan Masala market has undergone remarkable transformation, extending its influence globally. With increasing international demand, the competition among key players has intensified, pushing companies to innovate and expand aggressively.

Here’s a deep dive into the Top Pan Masala companies expected to dominate the market in 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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Leading Companies in the India Pan Masala Market

Leading Companies in the Market

Company Name

Founded

Headquarters

Employees

Revenue (2024)

Regional Analysis: Market Expansion and Dominance

About US:

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