openPR Logo
Press release

Organic Tobacco Market Expected to Expand at a Significant CAGR of 8.1% over the Forecast period 2017-2027

MRRSE

MRRSE

A latest research report titled as ”Organic Tobacco Market Expected to Expand at a Significant CAGR of 8.1% over the Forecast period 2017-2027” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides valuable information to the industry insiders, potential entrants or investors. It includes an exhaustive enquiry with the reliability of logic and the comprehensiveness of contents. Organic tobacco is majorly used in smoking products such as cigarettes and RYO and is expected to gain traction over the forecast period. The smoking segment is the most dominating segment in terms of market share as well as CAGR. In 2016, the smoking segment was expected to dominate the global organic tobacco market with more than 80% revenue share. The smoking segment is projected to reach more than US$ 200 Mn by 2026 end, expanding at a CAGR of 7.6% over the forecast period.

Request For Free Sample Report: https://www.mrrse.com/sample/2955

The segment is anticipated to gain more than 5 BPS between 2016 and 2026 and is anticipated to record total incremental opportunity of more than US$ 100 Mn between 2016 and 2026 – which is estimated to represent close to 90% share of the total incremental opportunity between 2016 and 2026. The roll-your-own (RYO) tobacco sub-segment in the smoking segment is expected to expand at a significant CAGR of 8.1% over the forecast period.

Rising high disposable income likely to fuel the growth of the smoking segment in the global organic tobacco market

The smoking segment is driving market growth across the globe as anti-tobacco activists claim that organic cigarettes help smokers quit the habit sooner as compared to conventional cigarettes. As a result, many smokers are switching to organic cigarettes and this is creating a positive impact on the smoking segment of the global organic tobacco market. Rising health consciousness has changed the preference of smokers across the globe. As organic tobacco products are less harmful (as compared to tobacco products), consumers across the globe are shifting towards organic tobacco based products rather than quitting them completely and this is one of the important reasons fuelling the growth of the smoking segment in the global organic tobacco market. An increasing awareness and eventually a rising demand for organic tobacco products is gaining traction in developed countries such as U.S., Canada, Brazil, Spain, Italy, Germany and Japan.

Browse Full Report With TOC: https://www.mrrse.com/organic-tobacco-market

This particular factor is boosting growth in the smoking segment of the global organic tobacco market. Organic tobacco products are expensive and therefore less popular in developing countries; however, the rising high disposable income in developed regions is driving the demand for organic cigarettes and roll-your-own tobacco products, which is further boosting the growth of the smoking segment of the global organic tobacco market.  

Rising use of hookah and water pipes expected to fuel the growth of the smoking segment in the MEA region 
The smoking segment is estimated to gain more than 100 BPS between 2016 and 2026 in Latin America and is expected to increase at a CAGR of 7.6% over the forecast period. Smoking is an attractive segment in terms of market share and CAGR and is expected to retain its dominance throughout the forecast period. The roll-your-own tobacco sub-segment of the smoking segment is anticipated to grow 2.5x by the end of the projected period in Latin America. In Eastern Europe, the smoking segment is projected to hold 90% of the market share by the end of 2026, owing to the ban on chewing and snuff tobacco in Europe. This segment is expected to increase at a CAGR of 6.6% over the forecast period. The segment also remains the most dominating segment in Western Europe in terms of both value and volume over the forecast period, due to increasing regulations on the consumption of smokeless form of tobacco. Roll-your-own tobacco is gaining popularity in the Western Europe organic tobacco market. Due to an increasing number of smokers in China, the smoking segment is predicted to be the most attractive segment holding a dominant share in the APEJ organic tobacco market. This segment is expected to increase at a CAGR of 6.9% over the forecast period. Rising use of hookah and water pipes in the MEA region is likely to drive the growth of the smoking segment in the region. Smoking is also anticipated to emerge as an attractive segment in terms of market share and CAGR and is expected to show its dominance over the forecast period in the MEA region. Consumption of tobacco across several smoking applications is primarily driving the growth of this segment in the MEA region.

Enquire About this Report: https://www.mrrse.com/enquiry/2955

About Us

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords. 

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact       

State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/

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 Organic Tobacco Market Expected to Expand at a Significant CAGR of 8.1% over the Forecast period 2017-2027 here

News-ID: 782455 • Views:

More Releases from Market Research Reports Search Engine - MRRSE

Global Video Event Data Recorder Market: Industry Analysis and Opportunity Assessment, 2016-2026
Global Video Event Data Recorder Market: Industry Analysis and Opportunity Asses …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Video Event Data Recorder Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. To Get Sample Report @ https://www.mrrse.com/sample/2941 The global video event data recorder (VEDR)
Global Octabin Market key Insights Based On Product Type, End-use and Regional Demand Till 2026
Global Octabin Market key Insights Based On Product Type, End-use and Regional D …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Octabin Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Get Sample Report with More Info @ https://www.mrrse.com/sample/16143 Packaging solutions for bulk cargo are gaining fast
Global Ion Beam Technology Market Examines Latest Trends and Key Drivers Supporting Growth through 2025
Global Ion Beam Technology Market Examines Latest Trends and Key Drivers Support …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled“Global Ion Beam Technology Market”to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Click here – Request Sample Report @ https://www.mrrse.com/sample/3126 Application of ion beam was rarely found
Cash- in Transit Bags Market 2025 | Global Key Players: TruSeal (Pty) Ltd, Harcor Security Seals Pty Ltd, Adsure Packaging Ltd, ITW Envopak Limited, ProAmpac Holdings, LLC, Dynaflex Pvt. Ltd, KOROZO Ambalaj San.ve Tic A.S
Cash- in Transit Bags Market 2025 | Global Key Players: TruSeal (Pty) Ltd, Harco …
This report on the Global Cash-in Transit Bags Market provides analysis for the period 2015–2025, wherein 2016 is the base year and the period from 2017 to 2025 is the forecast period. Data for 2015 has been included as historical information. The report covers market dynamics including drivers, restraints, opportunities, trends, and policies and regulations which are expected to influence the cash-in transit bags market growth during the said period.

All 5 Releases


More Releases for CAGR

Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn. Predictive analytics is segmented into: Risk management:
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population. ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and