According to a report, “Organic Tobacco Market Size, Share & Trends Analysis Report By Product (Flue-cured, Sun Cured, Fire Cured), By Application (Smoking, Smokeless), By Region, And Segment Forecasts, 2019 – 2025”, published by Grand View Research, Inc. The global organic tobacco market size is expected to reach USD 233.5 million by 2025, registering a CAGR of 7.4%, as per a new report by Grand View Research Inc. Over the past few years, anti-tobacco activists have been arguing that moderate consumption of organic cigarettes can aid the process of quitting cigarette consumption.
Asia Pacific is projected to remain the fastest growing segment, registering a CAGR of more than 8% over the forecast period, attributed to the shifting interest of consumers towards roll-your-own cigarette products. The prominent markets include South Korea, Vietnam, Japan, and Malaysia. Furthermore, the rising disposable income and altering lifestyle of the working class population in countries such as China, Bangladesh, India, and Thailand is anticipated to expand the market size in the near future.
Smokeless segment is set to foresee a CAGR of 9.8% from 2019 to 2025. The market also finds application as an herbal alternative for treating various health problems such as obesity and heal wounds. Increasing concerns regarding the adverse effects associated with synthetic pharma drugs in the overall healthcare sector is likely to promote the research spending in the development of organic tobacco as medicinal alternative.
Organic Tobacco Market Highlights
Leading organizations such as the WHO, the American Cancer Society, and the National Cancer Institute consider tobacco as the foremost cause of cancer, among other lifestyle disorders
The UK has designed a suite of tobacco control legislation to discourage young people from taking up vaping or smoking and imposing a ban on proxy cigarettes and e-cigarettes purchasing, while establishing consumption of organic tobacco as a safer alternative
In December 2020, British American Tobacco p.l.c. (BAT) was the first ever tobacco company to launch their human rights report to ensure zero child labor across its global business and supply chain. Such initiatives are driving market growth
Flue-cured is anticipated to exceed USD 100 million by 2025, owing to the fact that the product is being enriched with high sugar content and low nicotine levels
The market revenue for the smoking segment was valued at USD 122.6 million in 2018 due to the rising awareness among heavy smokers to quit smoking
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Organic Tobacco Market Segmentation
Grand View Research has segmented the global organic tobacco market on the basis of product, application, and region:
Organic Tobacco Product Outlook (Revenue, USD Million, 2015 – 2025)
Organic Tobacco Application Outlook (Revenue, USD Million, 2015 – 2025)
Organic Tobacco Regional Outlook (Revenue, USD Million, 2015 – 2025)
Central & South America
Middle East & Africa
List of Key Players in Organic Tobacco Market
Santa Fe Natural Tobacco Company
Japan Tobacco Inc.
Hi Brasil Tobacco
Quinnington Organic Tobacco Company Pty
Cigarette & Co.
Mother Earth Tobacco
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U.S. Tobacco Market – https://www.grandviewresearch.com/industry-analysis/us-tobacco-market
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