Global Smokeless Tobacco Market is expected to foresee significant growth. The Asia Pacific to lead the growth!

Global smokeless tobacco market is expected to register a CAGR of around 5% over the period of 2022-2028. Smokeless tobacco refers to tobacco that is not burned or smoked and contains nicotine and other carcinogenic chemicals. Products are consumed orally or nasally and are available in various forms or types on the market. Most smokeless tobacco products are also consumed by chewing, snorting, or placing tobacco between the gums and the teeth of the mouth. The global smokeless tobacco market is anticipated to witness an uptick with the rise in demand in the young generation for smokeless tobacco. Government agencies in various countries have raised excise taxes on cigarettes. As a result, consumers cannot afford to buy cigarettes on a regular basis and tend to opt for alternatives such as smokeless tobacco products. Various industry players are focusing on expanding their industry by merging and acquiring small industries for providing large varieties of products. For example, In 2021, Phillip Morris International Inc. which is a tobacco company acquired the Danish-based snus manufacturer AG Snus Aktieselskab and its range of snus brands.

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Based on product, the market is classified into chewing, dipping, dissolvable, snuff, and others. Amongst products, the chewing category accounted for a significant share in the market owing to the rising demand for loose leaf, chew bags add a boost to this segment of the smokeless tobacco market.

Based on form, the market is categorized into dry and moist. Among these, dry is expected to witness the highest CAGR during the forecast period. This is due to the increase in the preference and rise in consumption of dry tobacco among the young generation contributing to the growth of the segment.

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For a better understanding of the market adoption of the smokeless tobacco market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. The Asia Pacific constitutes a major market for the smokeless tobacco industry and generated revenue owing to the increase in consumption of smokeless tobacco in the region.

Some of the major players operating in the market include Altria Group Inc., British American Tobacco PLC, Imperial Brands PLC, Japan Tobacco Inc., Swedish Match AB, Swisher International Group, Philip Morris International, Mac Baren Tobacco company, Reynolds American, Inc., Universal Corporation Ltd.

Global Smokeless Tobacco Market Segmentation

Market Insight, by Product

• Chewing
• Dipping
• Dissolvable
• Snuff
• Others

Market Insight, by Form

Market Insight, by Route

Market Insight, by Distribution Channel

Market Insight, by Region

• North America
  • United States
  • Canada
  • Rest of North America
• Europe
  • France
  • Germany
  • Italy
  • Spain
  • United Kingdom
  • Rest of Europe
• Asia-Pacific
  • China
  • India
  • Australia
  • Japan
  • Rest of Asia-Pacific
• Rest of World

Top Company Profiles

• Altria Group Inc.
• British American Tobacco PLC
• Imperial Brands PLC
• Japan Tobacco Inc.
• Swedish Match AB
• Swisher International Group
• Philip Morris International
• Mac Baren Tobacco company
• Reynolds American, Inc.
• Universal Corporation Ltd