openPR Logo
Press release

Smokeless Tobacco Market Size, Share, Trends, Demand, Segments, Leading Companies and Forecast till 2031 / Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc

02-29-2024 10:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Smokeless Tobacco Market Size, Share, Trends, Demand,

Smokeless tobacco market is anticipated to grow at a significant CAGR of 4.9% during the forecast period. Smokeless tobaccos are lower at risk to health as compared with smoking tobaccos. Tobacco is a prime cause of potentially preventable global morbidity and mortality, leading to about 8 million deaths in a year, mainly due to lung and heart diseases. The increasing health awareness among the people and smoking ban are driving the smokeless tobacco market. Consumers are more concerned about their health due to which large number of people are shifting towards the smokeless tobaccos which is growing the market of smokeless tobacco products such as chewing tobacco, dissolvable tobacco, and others. In addition, the increased excise duty on smoking products such as cigarettes is the other prominent factor that has increased the adoption of alternatives such as smokeless tobacco products. For instance, the Australian government has increased the tax on tobacco by 12.5% annualy from 2017 to 2020. In addition, from 2020, 69% of the cost of an Australia pack of cigarettes will be tax, raising $4.7bn over the next four years as per the World Economic Forum. Moreover, Ireland and the United Kingdom levy the highest excise duties on cigarettes in the European Union (EU), at €8.00 ($8.95) and €6.83 ($7.64) per 20-cigarette pack, respectively.

During COVID-19 the smokers were at a high risk to get affected by COVID-19 because the virus was damaging the respiratory system and smokers lungs have more inflammation than a healthy lungs.. As per the published Chinese study analyzing 78 COVID-19 infected patients found that those with a history of smoking were 14 times more likely than nonsmokers to have progression to pneumonia-like symptoms.There was decreased in the consumption of smoke tobacco but during that period. The disruption in raw material supply chain due to restriction imposed by the government on mobility affected the production of smokless tabacco on large level. In Asia-Paciifc region, the market was badly impacted as China and India are the two major economies with high presence of smokers. 90% of smokeless tobacco chewers live in Asia, with China and India being significant consumers of smokeless tobacco, paan and areca nut.

To Request a Sample of our Report on Smokeless Tobacco Market: https://www.omrglobal.com/request-sample/smokeless-tobacco-market

Market Coverage

Market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others
Market Segmentation

Smokeless Tobacco Market by Type

Chewing Tobacco
Dissolvable Tobacco

Others
Smokeless Tobacco Market by Form

Dry
Moist
A full Report of Smokeless Tobacco Market is Available @ https://www.omrglobal.com/industry-reports/smokeless-tobacco-market

Regional Analysis

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

Company Profiles

Altria Group, Inc.
British American Tobacco
Harsh International
Imperial Brands PLC
Swedish Match Group
Japan Tobacco Inc.
Mac Baren Tobacco Co.
Swisher International, Inc.,
Philip Morris Products S.A.
Dharampal Satyapal Ltd.
Tej Ram Dharam Paul Pvt. Ltd.
US Smokeless Tobacco Co., Inc.
Reasons to buy from us -

· 1. We cover more than 15 major industries, further segmented into more than 90 sectors.

· 2. More than 120 countries are for analysis.

· 3. Over 100+ paid data sources mined for investigation.

· 4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/smokeless-tobacco-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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 Smokeless Tobacco Market Size, Share, Trends, Demand, Segments, Leading Companies and Forecast till 2031 / Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc here

News-ID: 3405213 • Views:

More Releases from Orion Market Research

Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033. Infrastructure as Code (IaC) Service Market Overview The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to Understanding the Process
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033. Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,
Property Management Service Market Rising Demand and Growth Forecast Through 2033
Property Management Service Market Rising Demand and Growth Forecast Through 203 …
Property Management Service Market was valued at approximately USD 17.3 billion. It is anticipated to reach around USD 32.0 billion by 2033, growing at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2033. Property Management Service Market Overview The Property Management Service Market is witnessing steady growth due to increasing urbanization, rising investments in real estate, and a growing demand for outsourced property management solutions. Property owners are increasingly
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSilicon Technologies Co., Ltd., ZTE Corporation,
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033. 5G Chipset Market Overview The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT

All 5 Releases


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,