Press Release
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Global Tobacco Market to Reach 11 Million Tons by 2025.
Tobacco refers to an agricultural product derived from the leaves of a plant named N. Tebacum, which belongs to the family of Solanacaea. It has gained traction all around the world due to one of its extremely addictive element called nicotine which constitutes about 3% of tobacco’s total dry weight. Tobacco grows in warm climates and is currently grown in over 125 countries.
Worth billions of dollars, the global tobacco industry represents a substantial contributor to the world economy. Over the past several years, the global tobacco market has witnessed many changes both in terms of production and consumption patterns. During 2009-2010, the tobacco production declined as a result of a fall in cultivation in major tobacco producing countries such as India, China and Brazil. However, the production increased soon in the beginning of 2011, particularly in the developing nations. This can be accredited to growing population, rising disposable incomes, lenient government regulations, surrogated promotion by transnational companies and increasing number of tobacco consumers. According to a new report by Expert Market Research, the market reached a volume of 9 Million Tons in 2019 and is further expected to reach 11 Million Tons by 2025.
Key findings from the report:
- The different types of tobacco products available are Cigarettes, Roll Your Own, Cigars, Cigarillos and others. In 2019, Cigarettes dominated the market with the majority of the market share.
- Region-wise, China represented the biggest producer of tobacco with more than one-third of the global production. This can be attributed subsidies, loans, inputs, technical or other support from governments that farmers in China receive to cultivate tobacco. China was followed by Brazil, the United States and India.
- Some of the top players operating in the global tobacco market include China National Tobacco Corporation, Phillip Morris International, British America Tobacco, Japan Tobacco International, Imperial Tobacco Group, India Tobacco Company Limited, Gudang Garam, Lorillard, Reynolds American and KT&G.
Click here for the summary of report: https://www.expertmarketresearch.com/reports/tobacco-market
Expert Market Research has analysed the global tobacco market according to product type, major regions and top players:
Market breakup by Product type
- Cigarettes
- Roll Your Own
- Cigars
- Cigarillos
- Others
Market breakup by Region
- China
- Brazil
- USA
- India
- Others
Top players
- China National Tobacco Corporation
- Phillip Morris International
- British America Tobacco
- Japan Tobacco International
- Imperial Tobacco Group
- India Tobacco Company Limited
- Gudang Garam
- Lorillard
- Reynolds American
- KT&G
About Us
Expert Market Research (EMR) is a market research and consultancy firm providing syndicated and custom research along with consultancy services to a wide clientele base which includes Fortune 1000 companies as well as small and medium enterprises. With our tailored approach, the clients gain valuable and unbiased insights that help to improve their competitive edge and realize sustainable growth.
With a keen focus on the qualitative aspect as well as accuracy of the reports, we align our resources and services as per the client’s requirement and offer a flexible engagement model that best suits their needs. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical & Materials, Energy & Mining, Packaging and Agriculture.
Contact Us
Expert Market Research
Website: www.expertmarketresearch.com
Email:sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
Purchase Options
Call us on
Why Expert Market Research?
RIGHT PEOPLE
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
RIGHT METHODOLOGY
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
RIGHT PRICE
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
RIGHT SUPPORT
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
The global e-cigarette market reached a value of USD 13.2 billion in 2019. The e-cigarette market is further expected to grow at a CAGR of about 13% in the forecast period of 2020-2025 to reach a valu...
The United States e-cigarette and vape market attained a value of around USD 12.8 billion in 2019. The industry is further expected to grow in the forecast period of 2020-2025 at a CAGR of nearly 25% ...
The India pan masala market size reached a value worth INR 42,200 crores in the year 2019. The India pan masala market is further expected to grow at a CAGR of 10% between 2020 and 2025 to reach a val...
The global cigarette market reached a value of USD 930 billion in 2019. The market is further expected to grow at a CAGR of 3.5% between 2020 and 2025 to reach a value of almost USD 1143 billion by 20...
NEWSLETTER