Press release
Tobacco Market is Expected to Reach a Volume of more than 9.1 Million Tons by 2024
The global tobacco market has been witnessing stagnant growth over the past few years. Factors such as strong distribution channels, the rising number of smokers, and the introduction of low-risk and light tobacco products targeting female users are sustaining the market growth.Request for a sample copy of this research report: https://www.imarcgroup.com/tobacco-processing-plant/requestsample
According to the latest report by IMARC Group, titled “Tobacco Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global tobacco market reached a volume of more than 8 Million Tons in 2018. Tobacco refers to a stimulant that triggers complex biochemical and neurotransmitter disruptions. It is prepared by curing the leaves of the tobacco plant, belonging to the Solanaceae family, through the process of drying and fermentation. It contains a colorless volatile alkaloid, also known as nicotine, which acts a depressant and is associated with elevating heart rate, constricting peripheral blood vessels, irritating lung tissue, increasing blood pressure, and affecting brain functions. While chewing tobacco is one of the popular forms of tobacco consumption, it is also consumed as snus, snuff, cigars, shisha, cigarillos and cigarettes.
Explore full report with table of contents: https://www.imarcgroup.com/tobacco-processing-plant
Market Trends:
An increase in the number of smokers on the global level, owing to factors such as hectic lifestyles, inflating income levels, and early exposure to tobacco products, is providing thrust to the market growth. Moreover, a strong distribution network of tobacco companies, particularly in countries like China and India, is contributing to the sales of their products. In addition to this, manufacturers are conducting surveys to assess the requirements of their consumer-base to launch modified and targeted products. For instance, they have introduced long, skinny and lightweight cigarette variants aimed solely at the female consumers. Furthermore, the manufacturers are engaged in research and development activities to develop low-risk tobacco products, owing to rising health awareness among consumers. However, the popularity of e-cigarettes among the millennials along with governments’ initiatives to promote healthy lifestyle habits is expected to hamper the growth of the market. Looking forward, the market is projected to reach a volume of more than 9.1 Million Tons by 2024, at a CAGR of 1.4% during 2019-2024.
Key Insights of the Global Tobacco Market:
Breakup by Type:
1. Cigarettes
2. Roll Your Own
3. Cigars
4. Cigarillos
5. Smokeless Tobacco
6. Others
On the basis of type, the market has been categorized into cigarettes, roll your own, cigars, cigarillos, smokeless tobacco and others. Amongst these, cigarettes are the most popular product type, holding the majority of the market share.
Performance of Key Regions:
1. China
2. India
3. Brazil
4. United States
5. EU 15
6. Others
On the geographical front, China holds the leading position in the market due to rising population and escalating disposable incomes. Other key regions include India, Brazil, the United States and the EU 15.
Competitive Landscape:
The competitive landscape of the market has also been studied in the report. Some of the key players operating in the market include China National Tobacco Corporation, British America Tobacco, Phillip Morris International, Japan Tobacco International and Imperial Tobacco Group.
Related reports:
Cigarette Market: https://www.imarcgroup.com/cigarette-manufacturing-plant
Cigarette Lighter Market: https://www.imarcgroup.com/cigarette-lighter-manufacturing-plant
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: https://www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Tobacco Market is Expected to Reach a Volume of more than 9.1 Million Tons by 2024 here
News-ID: 1700572 • Views: …
More Releases from IMARC Group

GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: …
GCC Pet Food Market Overview
Market Size in 2024: USD 266.2 Million
Market Size in 2033: USD 422.9 Million
Market Growth Rate 2025-2033: 5.3%
According to IMARC Group's latest research publication, "GCC Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC pet food market size was valued at USD 266.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 422.9 Million by 2033, exhibiting a…

GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | Wi …
GCC Residential Real Estate Market Overview
Market Size in 2024: USD 73.31 Billion
Market Size in 2033: USD 147.77 Billion
Market Growth Rate 2025-2033: 7.50%
According to IMARC Group's latest research publication, "GCC Residential Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC residential real estate market size was valued at USD 73.31 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 147.77 Billion by…

GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAG …
GCC Drones Market Overview
Market Size in 2024: USD 588.2 Million
Market Size in 2033: USD 2,005.3 Million
Market Growth Rate 2025-2033: 13.3%
According to IMARC Group's latest research publication, "GCC Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The GCC drones market size was valued at USD 588.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,005.3 Million by 2033, exhibiting a growth rate of…

Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Market Overview:
The medical imaging market is experiencing rapid growth, driven by Growing Burden of Chronic and Age-Related Diseases, Expansion of Government-Funded Health Infrastructure and Technological Advancements in Imaging Modalities. According to IMARC Group's latest research publication, "Medical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global medical imaging market size reached USD 44.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach…
More Releases for Tobacco
Hookah Tobacco Market Scenario: What strengthening In Key Areas| Haze Tobacco, U …
Latest Study on Industrial Growth of Global Hookah Tobacco Market 2023-2029. A detailed study accumulated to offer the Latest insights about acute features of the Hookah Tobacco market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends…
Narghile Tobacco Market Trends, Insights to 2028 | Starbuzz, Eastern Tobacco, Cl …
Latest Study on Industrial Growth of Narghile Tobacco Market 2023-2029. A detailed study accumulated to offer Latest insights about acute features of the Narghile Tobacco market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments…
Tobacco Products Market Shaping From Growth To Value | Imperial Tobacco, Gulbaha …
The Latest survey report on COVID-19 Outbreak-Global Tobacco Products Market sheds lights on changing dynamics in Food & Beverages Sector and elaborates market size and growth pattern of each of COVID-19 Outbreak- Tobacco Products segments. As the shift to value continues, the producers are tackling challenges to personalized nutrition and match taste profiles. A wide list of manufactuerers were considered in the survey; to include mix bag of leaders and…
Top Trends in Tobacco and Anti-Smoking Products Market | Phillip Morris, British …
A new research document is added in HTF MI database of 41 pages, titled as 'Top Trends in Tobacco and Anti-Smoking Products 2020' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like Inperial Tobacco, KT&G, Sweedish Match, Juul etc. and important players/vendors such as North America, Europe, Asia-Pacific, South America, Middle East and Africa. The Study will help you gain market insights,…
Shisha Tobacco Market Distribution Channel with Current Trend 2019: Fumari, INC, …
Global shisha tobacco market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of shisha tobacco market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
This report studies the Global Shisha Tobacco Market size, industry status and forecast,…
Advanced Technologies| Smoking Tobacco in Denmark, 2019: STGD, Mac Baren Tobacco …
Researchmoz added Most up-to-date research on "Smoking Tobacco in Denmark, 2019" to its huge collection of research reports.
Smoking Tobacco in Denmark, 2019
Summary
"Smoking Tobacco in Denmark, 2019", is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Danish tobacco market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects,…