The North America Tobacco Market would witness market growth of 2.5% CAGR during the forecast period (2020-2026). Tobacco is considered as an agricultural product & economically similar to any other agricultural food products. The price of the tobacco is partly depending on crop yields, which may vary according to the local weather conditions. The market cost of the tobacco is also dependent to the species, the total harvested quantity which is ready for sale, the plants’ health, and other properties related to product quality.
Tobacco products are made by preserving the leaves of tobacco plant belongs to the genus Nicotiana of the Solanaceae family. Approximately, more than 70 species of tobacco have been discovered till now, among all these N. tabacum is the main commercial crop. Tobacco has a colorless volatile alkaloid, called nicotine which stimulates brain functions, increases blood pressure, constricts peripheral blood vessels, and increases heart rate. The dried tobacco leaves find significant applications in cigarettes, pipes, cigars, & shisha and as chewing tobacco, snus, snuff, and dipping tobacco.
The increasing number of product launches has contributed to the growth of the tobacco market. The increasing demand for tobacco products in numerous countries has motivated vendors to bring innovative products in this category including snuff, RYO, moist snuff, and pipe tobacco.
With the help of the Tobacco Board, technologically advanced threshing plants and re-drying factories are used by the tobacco producers. These facilities are used for growing the yield of Flue-Cured Virginia (FCV) tobacco that is exported to different countries, across the globe. The introduction of various premium tobacco products like flavored, colored, long, and skinny, and e-cigarettes by the manufacturers has further driven the growth of the tobacco market.
Based on Product, the market is segmented into Cigarettes, Cigar & Cigarillos, Next Generation Products, Water Pipes, Smokeless Tobacco and Other Products. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Tobacco Market in North America is expected to register a CAGR of 2.5% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Old Holdco, Inc. (Pyxus International, Inc.), Swedish Match AB, Altria Group, Inc. (Philips Morris International, Inc.), Korea Tobacco & Ginseng Corporation (KT&G Corporation), British American Tobacco PLC, Japan Tobacco, Inc. (Government of Japan), Scandinavian Tobacco Group A/S, ITC Limited, Eastern Company S.A.E, and Imperial Brands PLC.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Cigarettes
- Cigar & Cigarillos
- Next Generation Products
- Water Pipes
- Smokeless Tobacco
- Other Products
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Old Holdco, Inc. (Pyxus International, Inc.)
- Swedish Match AB
- Altria Group, Inc. (Philips Morris International, Inc.)
- Korea Tobacco & Ginseng Corporation (KT&G Corporation)
- British American Tobacco PLC
- Japan Tobacco, Inc. (Government of Japan)
- Scandinavian Tobacco Group A/S
- ITC Limited
- Eastern Company S.A.E
- Imperial Brands PLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Tobacco Market, by Product
1.4.2 North America Tobacco Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
Chapter 4. North America Tobacco Market by Product
4.1 North America Cigarettes Market by Country
4.2 North America Cigar & Cigarillos Market by Country
4.3 North America Next Generation Products Market by Country
4.4 North America Water Pipes Market by Country
4.5 North America Smokeless Market by Country
4.6 North America Other Product Market by Country
Chapter 5. North America Tobacco Market by Country
5.1 US Tobacco Market
5.1.1 US Tobacco Market by Product
5.2 Canada Tobacco Market
5.2.1 Canada Tobacco Market by Product
5.3 Mexico Tobacco Market
5.3.1 Mexico Tobacco Market by Product
5.4 Rest of North America Tobacco Market
5.4.1 Rest of North America Tobacco Market by Product
Chapter 6. Company Profiles
6.1 Old Holdco, Inc. (Pyxus International, Inc.)
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Recent strategies and developments:
6.1.4.1 Partnerships, Collaborations, and Agreements:
6.2 Swedish Match AB
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.1 Recent strategies and developments:
6.2.1.1 Acquisition and Mergers:
6.3 Altria Group, Inc. (Philips Morris International, Inc.)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental Analysis
6.3.4 Research & Development Expense
6.3.5 Recent strategies and developments:
6.3.5.1 Acquisition and Mergers:
6.3.5.2 Product Launches and Product Expansions:
6.4 Korea Tobacco & Ginseng Corporation (KT&G Corporation)
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Research & Development Expense
6.4.4 Recent strategies and developments:
6.4.4.1 Partnerships, Collaborations, and Agreements:
6.5 British American Tobacco PLC
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Regional Analysis
6.5.4 Research & Development Expense
6.5.5 Recent strategies and developments:
6.5.5.1 Acquisition and Mergers:
6.6 Japan Tobacco, Inc. (Government of Japan)
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.6.5 Recent strategies and developments:
6.6.5.1 Acquisition and Mergers:
6.6.5.2 Product Launches and Product Expansions:
6.6.5.3 Partnerships, Collaborations, and Agreements:
6.7 Scandinavian Tobacco Group A/S
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Recent strategies and developments:
6.7.4.1 Acquisition and Mergers:
6.8 ITC Limited
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expense
6.9 Eastern Company S.A.E
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Recent strategies and developments:
6.9.3.1 Partnerships, Collaborations, and Agreements:
6.10. Imperial Brands PLC
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Regional Analysis
6.10.4 Recent strategies and developments:
6.10.4.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Tobacco Market, 2016 - 2019, USD Million
TABLE 2 North America Tobacco Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Tobacco Market
TABLE 4 Product Launches And Product Expansions– Tobacco Market
TABLE 5 Acquisition and Mergers– Tobacco Market
TABLE 6 North America Tobacco Market by Product, 2016 - 2019, USD Million
TABLE 7 North America Tobacco Market by Product, 2020 - 2026, USD Million
TABLE 8 North America Cigarettes Market by Country, 2016 - 2019, USD Million
TABLE 9 North America Cigarettes Market by Country, 2020 - 2026, USD Million
TABLE 10 North America Cigar & Cigarillos Market by Country, 2016 - 2019, USD Million
TABLE 11 North America Cigar & Cigarillos Market by Country, 2020 - 2026, USD Million
TABLE 12 North America Next Generation Products Market by Country, 2016 - 2019, USD Million
TABLE 13 North America Next Generation Products Market by Country, 2020 - 2026, USD Million
TABLE 14 North America Water Pipes Market by Country, 2016 - 2019, USD Million
TABLE 15 North America Water Pipes Market by Country, 2020 - 2026, USD Million
TABLE 16 North America Smokeless Market by Country, 2016 - 2019, USD Million
TABLE 17 North America Smokeless Market by Region, 2020 - 2026, USD Million
TABLE 18 North America Other Product Market by Country, 2016 - 2019, USD Million
TABLE 19 North America Other Product Market by Country, 2020 - 2026, USD Million
TABLE 20 North America Tobacco Market by Country, 2016 - 2019, USD Million
TABLE 21 North America Tobacco Market by Country, 2020 - 2026, USD Million
TABLE 22 US Tobacco Market, 2016 - 2019, USD Million
TABLE 23 US Tobacco Market, 2020 - 2026, USD Million
TABLE 24 US Tobacco Market by Product, 2016 - 2019, USD Million
TABLE 25 US Tobacco Market by Product, 2020 - 2026, USD Million
TABLE 26 Canada Tobacco Market, 2016 - 2019, USD Million
TABLE 27 Canada Tobacco Market, 2020 - 2026, USD Million
TABLE 28 Canada Tobacco Market by Product, 2016 - 2019, USD Million
TABLE 29 Canada Tobacco Market by Product, 2020 - 2026, USD Million
TABLE 30 Mexico Tobacco Market, 2016 - 2019, USD Million
TABLE 31 Mexico Tobacco Market, 2020 - 2026, USD Million
TABLE 32 Mexico Tobacco Market by Product, 2016 - 2019, USD Million
TABLE 33 Mexico Tobacco Market by Product, 2020 - 2026, USD Million
TABLE 34 Rest of North America Tobacco Market, 2016 - 2019, USD Million
TABLE 35 Rest of North America Tobacco Market, 2020 - 2026, USD Million
TABLE 36 Rest of North America Tobacco Market by Product, 2016 - 2019, USD Million
TABLE 37 Rest of North America Tobacco Market by Product, 2020 - 2026, USD Million
TABLE 38 key information – Old Holdco, Inc. (Pyxus International, Inc.)
TABLE 39 Key Information – Swedish Match AB
TABLE 40 Key Information – Altria Group, Inc.
TABLE 41 key Information – Korea Tobacco & Ginseng Corporation
TABLE 42 Key Information – British American Tobacco PLC
TABLE 43 key information – Japan Tobacco, Inc.
TABLE 44 Key Information – Scandinavian Tobacco Group A/S
TABLE 45 Key Information – ITC Limited
TABLE 46 Key Information – Eastern Company S.A.E
TABLE 47 Key Information – Imperial Brands PLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Recent strategies and developments: Altria Group, Inc.
FIG 5 Recent strategies and developments: Japan Tobacco, Inc.