Organic Tobacco Market Expected To Expand At A CAGR of 7.4% Through 2025 : Grand View Research Inc.

Organic Tobacco Market.jpg

San Francisco, 26 December 2019: The Report Organic Tobacco Market Size, Share & Trends Analysis Report By Product (Flue-cured, Sun Cured, Fire Cured), By Application (Smoking, Smokeless), By Region, And Segment Forecasts, 2019 – 2025

The global organic tobacco market size is expected to reach USD 233.5 million by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 7.4% during the forecast period. The emergence of organic tobacco as key alternative to the conventional cigar and cigarettes owing to its low nicotine and sugar content is projected to remain a favorable growth driver. Over the past few years, anti-tobacco activists have been claiming that moderate consumption of organic cigarettes will help quit smoking.

Asia Pacific is expected to remain the fastest growing segment, witnessing a CAGR of more than 8% from 2019 to 2025, attributed to the shifting inclination of consumers towards roll-your-own cigarette product forms in prominent markets such as South Korea, Japan, Vietnam, and Malaysia. Furthermore, increasing disposable income and changing lifestyle among working class population in countries including China, India, Bangladesh, and Thailand is expected to expand the market size in the near future.

Smokeless segment is expected to foresee a CAGR of 9.8% from 2019 to 2025. Organic tobacco also finds application as an herbal alternative for curing various health problems including obesity and heal wounds. Rising concerns over adverse effects associated with synthetic pharma drugs in global healthcare sector is projected to promote the research spending towards the development of organic tobacco as medicinal alternative.

Access Research Report of Organic Tobacco Market @ https://www.grandviewresearch.com/industry-analysis/organic-tobacco-market

Further key findings from the report suggest:
  • Flue-cured is projected to exceed USD 100 million by 2025, on account of the product being enriched with high sugar content and low nicotine levels
  • The market revenue from smoking segment was valued at USD 122.6 million in 2018. Rising awareness among heavy smokers to quit smoking, is expected to expand the scope of organic tobacco over the next eight years
  • North America and Europe led the market, generating a total revenue of exceeding USD 80 million in 2018. High concentration of smokers in developed markets including U.S., Germany, and France is projected to remain the favorable factor in near future
  • Major manufacturers operating in the organic tobacco market include Santa Fe Natural Tobacco Company; Japan Tobacco Inc.; Hi Brasil Tobacco; Quinnington Organic Tobacco Company Pty; Bigarette & Co.; Vape Organics; and Mother Earth Tobacco
Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/alcohol-and-tobacco

Grand View Research has segmented the global organic tobacco market on the basis of product, application, and region:
Organic Tobacco Product Outlook (Revenue, USD Million, 2015 - 2025)
  • Flue-cured
  • Sun Cured
  • Fired Cured
Organic Tobacco Application Outlook (Revenue, USD Million, 2015 - 2025)
  • Smoking
  • Smokeless
Organic Tobacco Regional Outlook (Revenue, USD Million, 2015 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa
Access Press Release of Organic Tobacco Market @ https://www.grandviewresearch.com/press-release/global-organic-tobacco-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

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