Global Chewing Tobacco Market Overview:
Chewing tobacco is smokeless tobacco, which is considered safer than cigarettes. These products are perceived or promoted as a safer option. These products are the same risk as a cigarette. In this Nicotine is absorbed through soft tissues of the mouth. Chewing tobacco is packaged as loose tobacco leaves. In this tobacco leaves are compressed into a small plug. This place in between the cheek and gum. It comes in various flavors. There are around 28 different chemicals present in tobacco. Tobacco chewing is very common among American Indian groups. It became a distinctive mode of tobacco usage in the United States, which is replacing pipe smoking. Some of the key players profiled in the study are Swedish Match (Sweden), Tough Guy (United States), Stoker's Chew (United States), Beech-Nut (United States), British American Tobacco (United Kingdom), Swedish Match (Sweden), Altria Group Inc. (United States), Dharmapal Satyapal Group (India), Reynolds American (United States) and Swisher International (United States).
On the basis of geography, the market of Chewing Tobacco has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Forecourt Retailers will boost the Chewing Tobacco market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Restrictions on Smoking in Public Places in Many Countries Are Encourage These Products
- Strong Demand In Canada Because Of Strict Government Rules
- Increase Smokeless Tobacco Consumption among Youngsters
- Increasing Number of Promotional Activities
- Technology Advancement in Manufacturing Procedure
- Stringent Government Regulations
- Increasing Number of Tobacco Manufacturers across the Globe
- Rising Number of Smokeless Brands Available In A Large Variety of Outlets, Including the New Discount Smoke Shops
- Less Consumer Awareness in Underdeveloped Regions
Major Market Developments:
In Jun 2019, Altria announced the acquisition of 80% of Burger Sohne’s global business by investing USD 372 million. Through this company delivered an oral nicotine pouch brand in the United States and Canada. With this agreement, Altria will enhance its distribution for chewing tobacco.
In Oct 2019, Los Angeles County announced the banned on the flavored tobacco products which includes e-cigarettes, chewing tobacco and menthol cigarettes. This step has been taken in concern of young people.
The global chewing tobacco market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability.
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Chewing Tobacco Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Chewing Tobacco market on the basis of product [Loose Leaf, Plug, Twist and Chew Bags] , application [Men and Women], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Chewing Tobacco market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Chewing Tobacco industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Japan Tobacco International (Switzerland), Imperial Tobacco Group (United Kingdom) and Philip Morris Products S.A (Switzerland).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Chewing Tobacco market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.