North America Raw Tobacco Leaves Market Is Expected to Reach US$ 1,642.61 Million By 2028 | Sopariwala Exports, Star Agritech International, Leaf Only

The Raw Tobacco Leaves Market in North America is expected to grow from US$ 1,552.26 million in 2021 to US$ 1,642.61 million by 2028; it is estimated to grow at a CAGR of 0.8% from 2021 to 2028.

North America comprises economies including, the US, Canada, and Mexico. Raw tobacco leaves contain nicotine and a volatile alkaloid that stimulates brain function. They are used in the production of various tobacco products, such as cigarettes, cigars, bidis, kreteks, and others. For instance, to make cigarettes, finely chopped tobacco leaves are wrapped in paper or other non-tobacco material. On the other side, a cigar is a tobacco roll covered by a tobacco leaf or any other tobacco-containing substance. The leaves are also consumed by chewing tobacco, dipping tobacco, and snus.

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It has been witnessed that the number of smokers has been growing at the global level. Over the past few years, consumers are increasingly inclining toward smoking alternatives, and therefore introducing innovative tobacco products in different taste options such as menthol cigars, e-cigarettes, dissolvable tobacco products, and clove cigarettes. Most dissolvable tobacco products dissolve in mouth and do not require spitting or discarding the product. Dissolvable tobacco products are considered as noncombustible tobacco products. It can be sold as strips, sticks, or lozenges.

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Major Key players covered in this report:

• Universal Corporation
• Sopariwala Exports
• Alliance One International Inc.
• Japan Tobacco International
• British American Tobacco plc.
• Star Agritech International
• U.S. Tobacco Cooperative Inc.
• Leaf Only

North America Raw Tobacco Leaves Market Segmentation

North America Raw Tobacco Leaves Market – By Leaf Type

Virginia
Oriental
Others

North America Raw Tobacco Leaves Market – By Application

Smoking Tobacco
Others

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The US has the highest number of confirmed cases of coronavirus, as compared to Canada and Mexico. This is negatively impacting the food and beverages industry in the region as the COVID-19 outbreak negatively affects the supply and distribution chain. The COVID-19 pandemic has created a significant societal and economic disruption and resulted in closures of stores, factories, and offices, and restrictions on manufacturing, distribution, and travel, all of which will adversely impact our business, results of operations, cash flows, and financial position during the continuation of the pandemic.

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This release was published on openPR.