Global Smokeless Tobacco Market 2018-2023 Top Leading Key Players - Altria Group, Inc.,British American Tobacco PLC, Imperial Brands PLC, Japan Tobacco, Inc., Swedish Match AB, Swisher International Group

Global Smokeless Tobacco market research report: information by type (chewing tobacco, dipping tobacco, and dissolvable tobacco), form (moist and dry), route (oral and nasal) and regions (North America, Europe, Asia Pacific & RoW) – Forecast till 2023

Market Scenario:

Smokeless tobacco is referred to tobacco products that are not heated or burnt like cigarettes. These products are consumed orally or nasally and are available in various forms and type. Most of the smokeless tobacco products are consumed by sniffing, chewing and by placing them between the teeth and gums. Some of the major forms of smokeless tobacco that are consumed by chewing, include betel quid, Gutka, khaini, Loose Leaf, twist, plug and zarda. Smokeless tobacco forms that are consumed through the nasal route include dry snuff. However, moist snuff and dry snuff are consumed by sucking.

Consumption of smokeless tobacco is also identified to be high among the millennial population of Bangladesh, making the country one of the major markets for its sale. Prevalence of consumption of smokeless tobacco among the daily wage workers, is projected to be high based on the low cost and high production of tobacco in the country. Points of sales including wholesale shops, teashops were identified to be ubiquitous in Asia Pacific region. Customer-oriented visual promotions such as posters, stickers at these places also tend to seek the attention of population of youth towards the smokeless tobacco offerings. Hence, the consumption of smokeless tobacco in rising in these countries.

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Key Players:
Some of the key players profiled in the global smokeless tobacco market: Altria Group, Inc. (U.S.), : British American Tobacco PLC (U.K), Imperial Brands PLC (U.K), Japan Tobacco, Inc. (Japan), Swedish Match AB (Sweden), Swisher International Group, Inc. (U.S.), MacBaren Tobacco Company A/S (Denmark), and Dharampal Satyapal Limited (India), among many others.

Regional Analysis:
The global smokeless tobacco market is segmented into North America, Europe, Asia Pacific and Rest of the World. Among these, Asia Pacific region is projected to retain its dominance throughout the forecast period. Asia Pacific is estimated to reach to USD 12.27 billion by the end of 2023 with a CAGR of 4.55% during the forecast period of 2017-2023. The growth of the Asia Pacific region is anticipated to be driven by various factors. One of the significant factors for the rising growth of smokeless tobacco is the minimization of cigarettes smokers in the Asia Pacific region. India is one of the attractive destinations of the smokeless tobacco market in the Asia Pacific region. India accounted for the significant market proportion of 71% in the year 2017 and the trend is expected to continue throughout the forecast period of 2017-2023. However, North America region is expected to witness above average growth rate of 4.46% during the forecast period.

Segments:
The global smokeless tobacco market is segmented into type, form, and route.

On the basis of type, it is segmented into chewing tobacco, dipping tobacco, dissolvable tobacco. Among all the types, chewing tobacco segment is dominating the market and the segment is expected to reach USD 9.96 billion by the end of 2023 with registering a CAGR of 4.30% during the forecast period. However, chewing tobacco segment is further categorized into loose leaf, plug, twist, chew bags and others. Dipping tobacco is further categorized into moist snuff, dry snuff and snus.

On the basis of form, it is segmented into moist and dry. Dry segment is expected to retain its dominance throughout the forecast period of 2017-2023. The segment is projected to expand at a substantial growth rate of 4.46% during the forecast period.

On the basis of route, it is segmented into oral and nasal. The oral segment is expected to retain its dominance throughout the forecast period of 2017-2023. The segment is projected to expand at a substantial growth rate of 4.52% during the forecast period of 2017-2023.

Key Findings:

Global Smokeless Tobacco market is projected to reach USD 23.20 billion by 2023 at a growth rate of 4.41%
Asia Pacific region is estimated to retain its dominance throughout the forecast period and will grow at a substantial CAGR of 4.55%. Furthermore, among the Asia Pacific countries, India is projected to witness a substantial growth of 4.75% during the forecast period of 2017-2023.

Target Audience
Global smokeless tobacco manufacturers

Tobacco industry

Tobacco manufacturers

Raw material suppliers

End users

Traders, importers and exporters

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As per the MRFR analysis, the global market for smokeless tobacco has been witnessing continuous growth during the forecast period owing to increasing consumption of tobacco products and rising awareness of the adverse effects of cigarettes. In terms of value, Asia Pacific is estimated to dominate the smokeless tobacco market holding the major share of 52.4%. Also, Asia Pacific is projected to be the highest growing region at a rate of 4.55%.

TABLE OF CONTENTS:

TABLE 1 GLOBAL SMOKELESS TOBACCO MARKET, BY REGION, 2016-2023 (USD MILLION) 12

TABLE 2 GLOBAL SMOKELESS TOBACCO MARKET, BY TYPE, 2016-2023 (USD MILLION) 13

TABLE 3 GLOBAL SMOKELESS TOBACCO MARKET, BY FORM, 2016-2023 (USD MILLION) 14

TABLE 4 GLOBAL SMOKELESS TOBACCO MARKET, BY ROUTE, 2016-2023 (USD MILLION) 15

TABLE 5 LIST OF ASSUMPTIONS 18

TABLE 6 GLOBAL CHEWING TOBACCO MARKET, 2016-2023 (USD MILLION) 40

TABLE 7 GLOBAL LOOSE LEAF MARKET 2016-2023 (USD MILLION) 41

TABLE 8 GLOBAL PLUG MARKET, 2016-2023 (USD MILLION) 41

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