Raw Tobacco Leaves Market Forecasts to 2028 – Global Analysis By Buying Module (Leaf Merchants, Farmers), Leaf Type (Burley, Blends), Application (Dissolvable Products, Smoking Tobacco, Moist & Dry Snuff) and By Geography
According to Stratistics MRC, the Global Raw Tobacco Leaves Market is accounted for $30,586.39 million in 2020 and is expected to reach $40,276.44 million by 2028 growing at a CAGR of 3.5% during the forecast period. Inclination towards the use of different anti-depressants and stimulants, rapidly changing lifestyles due to growing population and flavored cigarettes and e-cigarettes are driving the market growth. However, higher levels of education and raising awareness about different health issues are hampering the growth of the market.
The raw tobacco leaves is defined as unmanufactured tobacco which is sourced directly as a raw material for manufacturing organizations for further handling such as tobacco products are made by curing raw tobacco leaves. Dried raw tobacco leaves are commonly utilized in various products such as chewable tobacco, cigarettes, pipes, and cigars.
Based on the leaf type, the virginia segment is going to have lucrative growth during the forecast period as virginia can be found in almost every cigarette mixture and is grown, harvested, cured, and processed in a variety of methods. It is grown mostly in rainy areas, such as southern Brazil, Georgia and Zimbabwe. Virginia tobacco contains a large amount of sugar and makes the cigarette smoke sweeter.
By geography, Asia Pacific is going to have high growth during the forecast period due to the due to heavy consumption of tobacco in countries such as China, Bangladesh, India, and intensive brand campaigns by prominent tobacco companies are likely to increase the market growth. Moreover, China is the largest market in the region, with a substantial percentage of its population consuming tobacco products.
Some of the key players profiled in the Raw Tobacco Leaves+ Market include Atmiya International, Leafcon International, Whole Leaf Tobacco, Alliance One International, BTA- British American Tobacco, Associated Tobacco Company, Universal Corporation, BBM Bommidala Group, Star Agritech International, JT Group, U.S. Tobacco Cooperative Inc., and Sopariwala Exports.
Estimated Market Size in 2020:
USD 30,586.39 million
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 40,276.44 million
Tables, Graphs & Figures
Buying Module, Leaf Type, Application and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
Buying Modules Covered:
• Leaf Merchants
Leaf Types Covered:
• Dissolvable Products
• Smoking Tobacco
• Moist & Dry Snuff
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Raw Tobacco Leaves Market is majorly driven by inclination towards the use of different anti-depressants and stimulants, rapidly changing lifestyles due to growing population and flavored cigarettes and e-cigarettes.
The virginia segment is growing at a highest CAGR owing to usage in almost every cigarette mixture and is grown, harvested, cured, and processed in a variety of methods.
North America dominated with a significant market share due to the factors such as favourable climatic conditions in few countries like USA and the rise in demand from the region.
Asia Pacific market is growing at a highest CAGR owing to the heavy consumption of tobacco in countries such as China, Bangladesh, India, and intensive brand campaigns by prominent tobacco companies are likely to increase the market growth.
Key players in Raw Tobacco Leaves Market include Atmiya International, Leafcon International, Whole Leaf Tobacco, Alliance One International, BTA- British American Tobacco, Associated Tobacco Company, Universal Corporation, BBM Bommidala Group, Star Agritech International, JT Group, U.S. Tobacco Cooperative Inc., and Sopariwala Exports.
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