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Smokeless Tobacco in the US, 2018

Smokeless Tobacco in the US, 2018

Summary

"Smokeless Tobacco in the US, 2018", is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the US tobacco market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects, and forecasts for sales and consumption until 2027.

The level of overall smokeless tobacco use in the US has risen in recent years as the growing popularity of snuff has grown. Mirroring developments in the pattern of consumption, the key change is the switch from production of chewing tobacco to snuff tobacco. The output of snuff more than doubled, from 24,100 tons in 1990 to 54,500 tons in 2017. At the same time, production of chewing tobacco dropped from 33,100 tons to 10,700 tons in 2017.

Scope

- The rate of Federal Taxation levied on smokeless tobacco has been periodically increased since the early 1990s.
- The US market is led by long-term leader UST, now part of Altria, although it only supplies snuff tobacco.
- Demand for smokeless tobacco is expected to decline over the coming decade.
- Per capita consumption will fall back, dropping 14.6% between 2017 and 2027 to 162.9g.

Reasons to buy

- Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market.
- Identify the areas of growth and opportunities, which will aid effective marketing planning.
- The differing growth rates in regional product sales drive fundamental shifts in the market.
- This report provides detailed, authoritative data on these changes - prime intelligence for marketers.
- Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future.
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Smokeless Tobacco in the US, 2018
Published By :GlobalData
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