PUBLISHER: TechNavio | PRODUCT CODE: 1491529
PUBLISHER: TechNavio | PRODUCT CODE: 1491529
The snus market is forecasted to grow by USD 1245.4 mn during 2023-2028, accelerating at a CAGR of 11.95% during the forecast period. The report on the snus market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by availability of flavored snus, lesser number of adverse health impacts from snus consumption, and increasing number of smoking bans.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 9.66% |
CAGR | 11.95% |
Incremental Value | $1245.4mn |
Technavio's snus market is segmented as below:
ByFlavor
ByProduct
ByGeography
This study identifies the changing consumption trends in global tobacco market as one of the prime reasons driving the snus market growth during the next few years. Also, online retailing and rising sustainability in raw tobacco sourcing will lead to sizable demand in the market.
The report on the snus market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading snus market vendors that include Altria Group Inc., Another Snus Factory Stockholm AB, British American Tobacco Plc, Dholakia Tobacco Pvt. Ltd., Empire of Snus, GN Tobacco Sweden AB, Harsh International, Imperial Brands Plc, Japan Tobacco Inc., Philip Morris International Inc., Swisher International Inc., TIGERSNUS ORGANIC SNUS TOBACCO, Turning Point Brands Inc., and Wilsons and Co. Sharrow Ltd.. Also, the snus market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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