North America Tobacco Market (2020 to 2026) - Industry Analysis and Forecasts

Dublin, IRELAND


Dublin, March 16, 2021 (GLOBE NEWSWIRE) -- The "North America Tobacco Market By Product (Cigarettes, Cigar & Cigarillos, Next Generation Products, Water Pipes, Smokeless Tobacco and Other Products), By Country, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

The North America Tobacco Market is expected to 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.

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.

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Key Topics Covered:

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 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:

For more information about this report visit https://www.researchandmarkets.com/r/fcwtgr

 

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