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During the forecast period (2023-2030), the value of the global snus market is expected to increase from USD 2.18 billion in 2022 to USD 2.99 billion in 2023, and then to USD 4.19 billion by 2030, at a CAGR of 5.3%.
As a smokeless tobacco product, snus is gaining in popularity. This market's huge expansion and success can be attributed to the many benefits it provides. The different advantages include a healthier alternative to smoking, simplicity to use, long shelf life, and fewer taxation. As a smokeless tobacco alternative, Snus has the unique benefit of a far longer storage time than conventional tobacco products. As a result, it can be kept for a long time without going bad. The pasteurization process used to prepare snus is responsible for this quality, as it kills any germs or mold that may have been present before. This makes it an attractive option for stores looking to stock up on a product without having to constantly restock it and without taking up too much shelf space. Snus's long shelf life has become a major selling point and one of the main reasons for the product's success. Manufacturers and merchants of snus can, therefore, stock huge supplies for extended periods of time, reducing the likelihood of stock-outs. As a result, retailers may confidently invest in a bigger amount of snus goods without worry of losing earnings from damaged stock. Swedish Match, a leading producer of snus, announced a remarkable 12% increase in net sales in 2020.
Strong demand for snus products, which can be linked to the product's increased shelf life, was a major factor in this expansion. Snus is becoming more popular among retailers since it eliminates the need for them to worry about the product going bad before it can be sold. Snus has a huge cost advantage over cigarettes because of the government's decision to tax the former less heavily. Countries like Sweden have far lower taxes on snus than on cigarettes. Since snus is taxed at a lower rate than cigarettes, it can provide smokers with a more affordable option. Because of this, snus has become so popular in Sweden that it now accounts for more than half of the country's total tobacco sales. Since snus is taxed at a cheaper rate than cigarettes, it has become more popular among smokers. The low price of snus has attracted a growing number of former smokers, contributing to the industry's success. Especially in nations with high taxes on tobacco products, the success of the snus sector can be attributed in large part to the lower tax rate applied to snus.
Snus is a moist tobacco product. It's smokeless, contains more nicotine than cigarettes, and can quickly become hooked. Snus, in contrast to cigarettes, can be smoked practically anyplace. Many countries have laws against smoking in public places due to the dangers of secondhand smoke and other combustion byproducts. On the contrary, snus may be smoked anyplace as it is smoke-free, which increases the demand for snus products. The rising popularity of smokeless tobacco products around the world, as well as the rising appeal of snus as a cigarette alternative, are major factors fueling the expansion of the snus market. The global snus market is projected to expand thanks to rising consumer knowledge of the product's benefits. Key players are investing substantially in the snus market to increase public knowledge of their product, with a particular emphasis on developing goods that are healthier than traditional tobacco products. Increases in smokeless tobacco use are expected to drive expansion of the snus market in the near future.
According to the Ministry of Health and Family Welfare, people who smoke or use tobacco are more likely to contract COVID-19 since tobacco use is a risk factor for the development of noncommunicable diseases (NCDs) such cancer, cardiovascular disease, diabetes, and lung disease. The COVID-19 virus transmits mostly by droplets of saliva or nasal discharge when an infected person sneezes or coughs, and tobacco use increases the chance of transmission. The demand for snus products fell as a result of this during the pandemic. Tobacco leaves are dried and combined with salt to form snus and then it is vaporized in hot water to provide moisture. Because nearly half of the finished product is water, it needs to be refrigerated after preparation. This smokeless substance contains more nicotine than cigarettes, and it is extremely addicting. Snus is gaining popularity as a smoking, dipping tobacco, and chewing tobacco alternative in the United States.
The rising popularity of snus can largely be attributed to the rising awareness of its health benefits. Because it does not entail burning tobacco and producing toxic smoke, snus is frequently seen as a safer alternative to regular cigarette smoking. Snus also has less negative health effects than cigarettes, including on the lungs and the respiratory system. Smokeless snus does not include any of the dangerous chemicals like those in cigarette smoke, which is why it is good for your health. Tobacco combustion results in the release of numerous carcinogenic substances. But snus is a smokeless tobacco product that is used in the manner of a chewing gum sublingual patch. The combustion step inherent in smoking is bypassed with this procedure, decreasing the negative health impacts associated with the habit. There have been a number of intriguing research looking at the possible health advantages of snus. For instance, one Norwegian study indicated that snus users had a much lower chance of developing lung cancer than smokers. Snus users were shown to have a significantly reduced risk of developing respiratory and other smoking-related disorders.
Regulatory hurdles provide a significant challenge for the snus industry. Distribution of snus products is restricted in several countries due to legal restrictions. The sale and consumption of snus, for instance, are prohibited throughout the European Union except in Sweden. Because it might be tricky to supply snus goods across borders, this ban may stunt the expansion of the snus market in the European Union. Not only is snus usage and distribution limited by law in the European Union, but in certain other regions as well. In the United States, for instance, the Food and Drug Administration (FDA) strictly controls where and how much snus can be sold. Restrictions on advertising, packaging, and labeling of snus can be found in some countries but not others. Snus manufacturers and users may have a harder time distributing and gaining access to items as a result of these rules. As a result, consumers in these nations may choose to other tobacco products, thus slowing the expansion of the snus business.
Report Coverage
Global Snus research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Snus report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Snus competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Snus market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Snus market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Snus market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Altria Group, Inc., British American Tobacco p.l.c., Fiedler & Lundgren AB, GN Tobacco Sweden AB, Gotlandssnus AB, Imperial Brands PLC, Japan Tobacco Inc., JTI Sweden AB, Kaliber AB, KRAV Snus AB, Kretek International, Inc., Mac Baren Tobacco Company A/S, NICOVENTURES LTD., Nordic Snus AB, Philip Morris International Inc., Pöschl Tabak GmbH & Co. KG, R. J. Reynolds Tobacco Company, Scandinavian Tobacco Group A/S, Skruf Snus AB, Swedish Match AB.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Snus market based on the below-mentioned segments:
Global Snus Market, By Product
Loose
Portion
Global Snus market, By Flavor
Mint
Whiskey
Fruit
Others
Global Snus market, Regional Analysis
As a smokeless tobacco product, snus is gaining in popularity. This market's huge expansion and success can be attributed to the many benefits it provides. The different advantages include a healthier alternative to smoking, simplicity to use, long shelf life, and fewer taxation. As a smokeless tobacco alternative, Snus has the unique benefit of a far longer storage time than conventional tobacco products. As a result, it can be kept for a long time without going bad. The pasteurization process used to prepare snus is responsible for this quality, as it kills any germs or mold that may have been present before. This makes it an attractive option for stores looking to stock up on a product without having to constantly restock it and without taking up too much shelf space. Snus's long shelf life has become a major selling point and one of the main reasons for the product's success. Manufacturers and merchants of snus can, therefore, stock huge supplies for extended periods of time, reducing the likelihood of stock-outs. As a result, retailers may confidently invest in a bigger amount of snus goods without worry of losing earnings from damaged stock. Swedish Match, a leading producer of snus, announced a remarkable 12% increase in net sales in 2020.
Strong demand for snus products, which can be linked to the product's increased shelf life, was a major factor in this expansion. Snus is becoming more popular among retailers since it eliminates the need for them to worry about the product going bad before it can be sold. Snus has a huge cost advantage over cigarettes because of the government's decision to tax the former less heavily. Countries like Sweden have far lower taxes on snus than on cigarettes. Since snus is taxed at a lower rate than cigarettes, it can provide smokers with a more affordable option. Because of this, snus has become so popular in Sweden that it now accounts for more than half of the country's total tobacco sales. Since snus is taxed at a cheaper rate than cigarettes, it has become more popular among smokers. The low price of snus has attracted a growing number of former smokers, contributing to the industry's success. Especially in nations with high taxes on tobacco products, the success of the snus sector can be attributed in large part to the lower tax rate applied to snus.
Snus is a moist tobacco product. It's smokeless, contains more nicotine than cigarettes, and can quickly become hooked. Snus, in contrast to cigarettes, can be smoked practically anyplace. Many countries have laws against smoking in public places due to the dangers of secondhand smoke and other combustion byproducts. On the contrary, snus may be smoked anyplace as it is smoke-free, which increases the demand for snus products. The rising popularity of smokeless tobacco products around the world, as well as the rising appeal of snus as a cigarette alternative, are major factors fueling the expansion of the snus market. The global snus market is projected to expand thanks to rising consumer knowledge of the product's benefits. Key players are investing substantially in the snus market to increase public knowledge of their product, with a particular emphasis on developing goods that are healthier than traditional tobacco products. Increases in smokeless tobacco use are expected to drive expansion of the snus market in the near future.
According to the Ministry of Health and Family Welfare, people who smoke or use tobacco are more likely to contract COVID-19 since tobacco use is a risk factor for the development of noncommunicable diseases (NCDs) such cancer, cardiovascular disease, diabetes, and lung disease. The COVID-19 virus transmits mostly by droplets of saliva or nasal discharge when an infected person sneezes or coughs, and tobacco use increases the chance of transmission. The demand for snus products fell as a result of this during the pandemic. Tobacco leaves are dried and combined with salt to form snus and then it is vaporized in hot water to provide moisture. Because nearly half of the finished product is water, it needs to be refrigerated after preparation. This smokeless substance contains more nicotine than cigarettes, and it is extremely addicting. Snus is gaining popularity as a smoking, dipping tobacco, and chewing tobacco alternative in the United States.
The rising popularity of snus can largely be attributed to the rising awareness of its health benefits. Because it does not entail burning tobacco and producing toxic smoke, snus is frequently seen as a safer alternative to regular cigarette smoking. Snus also has less negative health effects than cigarettes, including on the lungs and the respiratory system. Smokeless snus does not include any of the dangerous chemicals like those in cigarette smoke, which is why it is good for your health. Tobacco combustion results in the release of numerous carcinogenic substances. But snus is a smokeless tobacco product that is used in the manner of a chewing gum sublingual patch. The combustion step inherent in smoking is bypassed with this procedure, decreasing the negative health impacts associated with the habit. There have been a number of intriguing research looking at the possible health advantages of snus. For instance, one Norwegian study indicated that snus users had a much lower chance of developing lung cancer than smokers. Snus users were shown to have a significantly reduced risk of developing respiratory and other smoking-related disorders.
Regulatory hurdles provide a significant challenge for the snus industry. Distribution of snus products is restricted in several countries due to legal restrictions. The sale and consumption of snus, for instance, are prohibited throughout the European Union except in Sweden. Because it might be tricky to supply snus goods across borders, this ban may stunt the expansion of the snus market in the European Union. Not only is snus usage and distribution limited by law in the European Union, but in certain other regions as well. In the United States, for instance, the Food and Drug Administration (FDA) strictly controls where and how much snus can be sold. Restrictions on advertising, packaging, and labeling of snus can be found in some countries but not others. Snus manufacturers and users may have a harder time distributing and gaining access to items as a result of these rules. As a result, consumers in these nations may choose to other tobacco products, thus slowing the expansion of the snus business.
Report Coverage
Global Snus research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Snus report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Snus competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Snus market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Altria Group, Inc., British American Tobacco p.l.c., Fiedler & Lundgren AB, GN Tobacco Sweden AB, Gotlandssnus AB, Imperial Brands PLC, Japan Tobacco Inc., JTI Sweden AB, Kaliber AB, KRAV Snus AB, Kretek International, Inc., Mac Baren Tobacco Company A/S, NICOVENTURES LTD., Nordic Snus AB, Philip Morris International Inc., Pöschl Tabak GmbH & Co. KG, R. J. Reynolds Tobacco Company, Scandinavian Tobacco Group A/S, Skruf Snus AB, Swedish Match AB. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Snus Market from 2021 to 2030.
- Market Forecast for Snus Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Snus competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Snus
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Snus market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Snus market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Altria Group, Inc., British American Tobacco p.l.c., Fiedler & Lundgren AB, GN Tobacco Sweden AB, Gotlandssnus AB, Imperial Brands PLC, Japan Tobacco Inc., JTI Sweden AB, Kaliber AB, KRAV Snus AB, Kretek International, Inc., Mac Baren Tobacco Company A/S, NICOVENTURES LTD., Nordic Snus AB, Philip Morris International Inc., Pöschl Tabak GmbH & Co. KG, R. J. Reynolds Tobacco Company, Scandinavian Tobacco Group A/S, Skruf Snus AB, Swedish Match AB.
Primary Target Market
- Market Players of Snus
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Snus market based on the below-mentioned segments:
Global Snus Market, By Product
Loose
Portion
Global Snus market, By Flavor
Mint
Whiskey
Fruit
Others
Global Snus market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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