Global Smokeless Tobacco Products Market, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Smokeless Tobacco Products Market” is an upcoming market research report by MarketResearch.biz. In the report, various data and information on the global smokeless tobacco market, such as market drivers, restraints, trends, recent developments, revenue details, competitive landscape, growth opportunities, and details of key players, are included. Before we include it in the report, research findings and conclusions are verified by experts from the industry. The global smokeless tobacco market research report is segmented on the basis of product, distribution channel, and regions and countries.
Smokeless tobacco products are used by means other than smoking. Their use involves sniffing, chewing, or placing it between the cheek and gum or lip. Smokeless tobacco products are manufactured in different forms including snus, snuff, chewing tobacco, and dissolvable tobacco products. The main typed of smokeless tobacco are chewing tobacco and snuff including snus. Chewing tobacco, which is cured tobacco, is available in different forms such as loose-leaf, twist, or plug.
Low cost, lower risk to health, convenient use, and pleasant taste are among some of the key factors driving market growth. Smokeless tobaccos with a variety of flavors attracts customers according to their taste preferences. In addition, the high nicotine content in smokeless tobacco than in an average cigarette attracts different high dose nicotine consumption users, which is expected to drive growth of the market over the forecast period. Demand for smokeless tobacco is high among youth due to their increasing demand for new types of tobacco. Due to increasing sales of dry leaf product types in developed countries, different regional manufacturers started to invest in various product types such as gutka, snuffs, and other smokeless types of tobaccos. Moreover, inclination towards flavored tobaccos including berry, cinnamon, saffron, apple, and vanilla is expected to further drive growth of the global market over the forecast period. Increasing adoption of trendy lifestyle, ban of cigarettes in many countries, and rising consumption of various types including gutka, khaini, and supari among women are also factors driving market growth. Sales of smokeless tobaccos are also expected to rise due to space needed for the consumption of smoke tobacco products. Companies have introduced smokeless tobacco for creating a smokeless environment. These factors urge consumers to switch permanently to smokeless types of tobacco
Global Smokeless Tobacco Products Market Segment Analysis:
By Product: The snuff segment continues to account for highest revenue share in the global smokeless tobacco market among other type segments. This can be attributed to its adoption by consumers as a premium category. Moreover, high price of it leads to increase in the total revenue. Availability of snuff products in different flavors including cinnamon, mint, and berry is expected to drive growth of the segment over the forecast period. In addition, sales of snuff are expected to rise due to availability of nicotine-free types, which is helpful for consumers, who are addictive to smoke type tobacco products.
By Distribution Channel: The offline segment among the distribution channel segments is expected to continue its dominance over the forecast period. This can be attributed to possibility of checking the quality of products in retail stores before purchasing. Also, in offline stores, consumers have a wide variety of choices. Moreover, increasing number of tobacco stores, attractive packaging, and trendy products with flavors are factors contributing to offline sales of smokeless tobacco products.
Global Smokeless Tobacco Products Market Regional Analysis:
The North American market among the regional markets is expected to dominate the market in terms of revenue contribution to the global smokeless tobacco market over the forecast period. This can be attributed to increasing demand for snuff in the US and other forms such as dry and moist types. In addition, increase in spending on dissolvable items in forms of strips and sticks in the US is expected to drive growth of the regional market over the forecast period.
Global Smokeless Tobacco Products Market Segmentation:
- Chewing Tobacco
By Distribution Channel:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Altria Group
- British American Tobacco
- Imperial Tobacco Group
- Gallaher Group Plc
- Universal Corporation
- Reynolds Tobacco Company
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