Smokeless Tobacco Market Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

 

The latest report by IMARC Group, titled “Smokeless Tobacco Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“.The global smokeless tobacco market size reached US$ 19.12 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 24.78 Billion by 2028, exhibiting a growth rate (CAGR) of 4.60% during 2023-2028

Smokeless tobacco, a category of tobacco products, is consumed without combustion or inhalation. Some common forms of smokeless tobacco include snuff, chewing tobacco, snus, and dissolvable products like lozenges. It eliminates the risks of inhaling smoke but still poses health hazards. Users place these products inside their mouth, often between the cheek and gum, where they release nicotine and other chemicals. Nicotine, present in substantial amounts, is highly addictive. Moreover, smokeless tobacco contains potentially carcinogenic substances, making it a major health concern. At present, smokeless tobacco is gaining immense traction across the globe due to perceptions of it being a potentially less harmful alternative to smoking.

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Smokeless Tobacco Market Trends and Drivers:

The global smokeless tobacco market is primarily driven by the growing health consciousness among the masses and the increasing awareness of the adverse health effects of smoking. Moreover, shifting cultural and regional preferences, with certain regions, such as South Asia and Scandinavia, showing a long-standing tradition of smokeless tobacco use, is propelling market growth. Apart from this, numerous product innovations, including the launch of flavored variants and pouch-based smokeless tobacco products, represent another major growth-inducing factor. Additionally, the availability of smokeless tobacco products through various distribution channels, including online platforms, has catalyzed market growth. Furthermore, the rising efforts of key players in marketing and promotion that increase product awareness are contributing to market growth.

Report Segmentation:

The report has segmented the market into the following categories:

Type Insights:

  • Chewing Tobacco
  • Dipping Tobacco
  • Dissolvable Tobacco
  • Snuff
  • Others

Form Insights:

  • Dry
  • Moist

Route Insights:

  • Oral
  • Nasal

Distribution Channel Insights:

  • Supermarkets and Hypermarkets
  • Tobacco Stores
  • Online Stores
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Altria Group Inc.
  • British American Tobacco plc
  • DS Group, Imperial Brands PLC
  • Japan Tobacco Inc.
  • Mac Baren Tobacco Company A/S
  • Swedish Match AB
  • Swisher

Explore full report with table of contents: https://www.imarcgroup.com/smokeless-tobacco-market

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

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.

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