Posts

Showing posts with the label Smokeless Tobacco Products Market 2025

Smokeless Tobacco Products Market Expected To Expand At A CAGR of 7.2% For The Forecast Period From 2019 To 2025 : Grand View Research Inc.

Image
San Francisco, 25 October 2019:  The Report   Smokeless Tobacco Products Market   Size, Share & Trends Analysis Report By Product (Chewing Tobacco, Snuff), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2019 – 2025 The global smokeless tobacco products market size is expected to reach USD 22.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.2% over the forecast period. The market is driven by consumer attraction towards new products and trendy packaging, especially in the chewing tobacco segment. Moreover, drastic changes in promotion and advertising of chewing tobacco in countries such as Algeria and South Africa have increased the demand over the forecast period. The market is driven by robust growth of the tobacco sector in Asia Pacific and North America, along with rise in the sales of chewing types used in the industry. The growth is also attributed to growing middle class population lea