Overview of Global Snus Market: Industry is Projected to Bring in US$ 1,408.4 Mn Revenue by 2022 end

Posted on 2018-05-23 by Mark Hub in Food & Beverage // 0 Comments

Fact.MR

Dublin 2, Ireland, 2018-May-23 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of snus market. The study is titled as “Snus Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global snus market.

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As per the latest report by Fact.MR, the global market for snus is likely to experience strong growth. The market is estimated to reach US$ 1,408.4 million revenue by 2022 end. Due to the rising awareness of snus among people and being less harmful than a cigarette, there has been a growth in the adoption snus in various regions, especially in Sweden. Manufacturers are focusing on educating people on snus in order to increase the number of end-users.

3 Forecast Highlights on Global Snus Market

1. Europe is expected to dominate the global snus market during 2017-2022. Europe snus market is projected to reach nearly US$ 600 million revenue by the end of 2022. Sweden represents the largest market for snus, followed by Denmark and Germany. Moreover, increasing number of people in Sweden consume snus. Hence, the snus market in Europe will witness significant growth

2. North America is also expected to witness significant growth in the snus market. Owing to the less harmful effects than smoking, the consumption of snus is increasing in North America. Moreover, tobacco retailers in the North America have also started to stock Swedish snus, which was earlier available only through mail order in the region.

3. Original regular strength-large portion snus is expected to be the most preferred snus product. By the end of 2022, Original regular strength-large portion snus is projected to reach nearly US$ 600 million revenue.

Films and Wraps to Gain Maximum Revenue Share

Films and wraps are likely to emerge as the highly preferred packaging for snus. Experiencing strong growth throughout 2017-2022, films and wraps are estimated to surpass US$ 400 million revenue towards 2022 end. On the other hand, pouches as a packaging for suns is are also likely to witness significant growth in the global market for snus.

Original Regular Strength-Large Portion Snus- Top-Selling Product

Compared to the various types of snus products available in the market, original regular strength-large portion snus is likely to emerge as one of the top-selling products. By 2022 end, original regular strength-large portion snus is estimated to surpass US$ 500 million revenue.

Original Snus to be the Highly Preferred Flavor

Original snus is likely to gain close to two-fifth of the share in terms of the revenue by 2017 end. Original snus is estimated to bring in nearly US$ 600 million revenue towards 2022 end. Although Fruit flavor snus is also likely to experience strong growth throughout the forecast period.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global snus market through 2022, which include British American Tobacco p.l.c, Altria Group, Inc., Imperial Brands PLC, GN Tobacco Sweden AB, Swedish Match AB (publ), Hay Island Holding Corporation, Manikchand Group, Gotlands Snus Ab, DS Group, and Japan Tobacco Inc.

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Table of Content:

Chapter 1 Global Snus Market – Executive Summary 13

Chapter 2 Global Snus Market Overview 15
2.1 Introduction 15
2.1.1 Global Snus Market Taxonomy 15
2.1.2 Global Snus Market Definition 15
2.2 Global Snus Market Size (US$ Mn) and Forecast, 2012-2022 15
2.2.1 Global Snus Market Y-o-Y Growth 15
2.3 Global Snus Market Dynamics 16
2.4 U.S. Import of Smokeless Tobacco Products 16
2.5 Snus and the Framework Convention on Tobacco Control 16
2.6 Consumer perspective on smoking cessation and harm reduction 16
2.7 Environmental consequences from manufacturing the new tobacco products 16
2.8 Product Innovations 16
2.9 Key Participants in the Market By Region 16

Chapter 3 Global Snus Market Analysis and Forecast By Product Type 18
3.1 Global Snus Market Size and Forecast By Product Type, 2012-2022 18
3.1.1 Original Regular Strength-Large Portion Snus Market Size and Forecast, 2012-2022 18
3.1.1.1 Revenue (US$ Mn) Comparison, By Region 18
3.1.1.2 Market Share Comparison, By Region 20
3.1.1.3 Y-o-Y growth Comparison, By Region 20
3.1.2 White Regular Strength-Large Portion Snus Market Size and Forecast, 2012-2022 21
3.1.2.1 Revenue (US$ Mn) Comparison, By Region 21
3.1.2.2 Market Share Comparison, By Region 23
3.1.2.3 Y-o-Y growth Comparison, By Region 23

Continued………

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