The organic tobacco is majorly used in smoking products such as cigarettes and RYO and is expected to gain traction over the forecast period. The smoking segment is the most dominating segment in terms of market share as well as CAGR. In 2016, the smoking segment was expected to dominate the global organic tobacco market with more than 80% revenue share. The smoking segment is projected to reach more than US$ 200 Mn by 2026 end, expanding at a CAGR of 7.6% over the forecast period.
When compared to conventional tobacco, organic tobacco has less adverse effects and doesn’t include any toxic chemicals or pesticides. They come in a variety of forms, including homogenised, semi-processed, chewing, snuff, and tobacco extracts.
Demand for tobacco grown organically is increasing as people become more health conscious. Additionally, growing consumer interest in organic products because of their numerous health advantages is anticipated to boost the market expansion for organic tobacco. Inorganic fertilisers and pesticides, as well as other toxic substances, are absent from tobacco that is grown organically. As a result, growing health consciousness among consumers is boosting the demand for organic tobacco.
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It is anticipated that rising hookah usage will provide significant potential prospects for the organic tobacco market. It is extensively utilised in hookahs, and expanding hookah consumption is anticipated to fuel market expansion. Over the course of the projected period, rising consumer income levels and shifting consumer lifestyles are also anticipated to fuel the market expansion of organic tobacco.
A significant market trend is the use of organic tobacco products, such as cigarettes and cigars, to help people stop smoking traditional cigarettes. As eco-friendly and smokeless substitutes, the use of smokeless tobacco is on the rise, which is predicted to broaden the market for organic tobacco. Over the next several years, all of these variables are anticipated to hasten the market expansion of organic tobacco.
It is anticipated that the product’s use would increase as more producers release organic tobacco with minimal sugar content. This is accelerating the market expansion for organic tobacco. Further projected drivers of market expansion include an increase in party-goers and manufacturers’ increased focus on using efficient marketing and promotional strategies to build brand awareness.
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Table of Content
- Executive Summary
- Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
2.3. Land Under Cultivation VS Land Under Organic Cultivation
2.4. Global Use of Organic Arable Land By Crop
2.5. Overall Agricultural Production VS Tobacco Production By Region
2.6. Per Capita Normal Cigarette Consumption VS Per Capita Organic Cigarette Consumption
2.7. Production VS Consumption By Region
2.8. Global Tobacco Market Overview
- Organic Tobacco Market Analysis Scenario
3.1. Market Volume Analysis
3.2. Pricing Analysis
3.3. Market Size (US$ Mn) and Volume (Tonnes) and Forecast
3.3.1. Market Size and Y-o-Y Growth
3.3.2. Absolute $ Opportunity
3.4. Market Overview
3.4.1. Value Chain
- Market Dynamics
4.1. Macro-economic Factors
4.2. Drivers
4.3. Restraints
4.4. Opportunity
4.5. Trends
4.6. Regulations
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