Global Snus Market, By Type (Loose Snus, Portion Snus) Flavors (Mint, Berries, Dry Fruit, Others) Distribution Channels (Online Channel, Tobacco Stores, Convenience Stores, Hypermarket, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Snus market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 7.00% in the above-mentioned forecast period. Rising popularity of snus due to the convenience of the application acts as an essential factor driving the snus market.
Snus is a type of moist tobacco-based product, which is commonly made in Sweden, and is sold in Nordic countries such as Finland and Norway. It is consumed orally by placing it behind the lower or upper lip for extended periods. It contains larger amount of nicotine than cigarettes, which is highly addictive and is served as a smokeless product. Snus is manufactured from a mixture of dried tobacco leaves and salt, and is moistened with hot water vapor and the finished product should be stored in the refrigerator since it contains about 50% water. It is also available in loose or in portions form in the market. Also, consumption of snus harms health and can cause cancer and lead to death. Snus is gaining popularity in the U.S. as an alternative to chewing, smoking and dipping tobacco.
Growing popularity of smokeless tobacco products is a vital factor escalating the market growth, also increasing consumption of snus as an alternative to cigarettes across the globe, increasing introduction of new innovative flavors of the product, rising awareness among consumers about using snus instead of other tobacco products, rise in snus consumption as an alternative for cigarettes, rising popularity has stimulated the manufacturers to create flavored products, including mint, eucalyptus, berries, fruits, licorice, whiskey, spices, bergamot, cedar, citrus, dry fruit, hay, leather, smoky, tea, and tobacco, which in turn increases the demand for the product and increasing government rules and regulations for smokeless products are the major factors among others driving the snus market briskly. Moreover, rising research and development activities and increasing modernization in the new products offered in the market will further create new opportunities for the snus market in the forecast period of 2021- 2028.
However, rising adverse health effects of the snus is the vital factor among others acting as a restraint, and will further challenge the snus market in the forecast period.
This snus market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on snus market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Snus market is segmented on the basis of type, flavors and distribution channel. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of type, the snus market is segmented into loose snus and portion snus.
- Based on flavors, the snus market is segmented into mint, berries, dry fruit and others.
- The snus market is also segmented on the basis of distribution channel into online channel, tobacco stores, convenience stores, hypermarket and others.
Snus Market Country Level Analysis
Snus market is analysed and market size insights and trends are provided by country, type, flavors and distribution channel as referenced above.
The countries covered in snus market are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA).
Europe dominates the snus market due to Strong popularity of such products among male consumers in Scandinavian countries such as Norway and Sweden and increased number of new product launches in aforementioned countries in this region. Middle East and Africa is the expected region in terms of growth in snus market due to rise in increasing introduction of new innovative flavors of the product, rising awareness among consumers about using snus instead of other tobacco products and rising research and development activities in this region.
The country section of the snus market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Snus Market Share Analysis
Snus market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to snus market.
The major players covered in the snus market report are Swedish Match AB, British American Tobacco, Altria Group, Inc, AG Snus, Burger Holding AG, Dacapo Silver AB, Tobacco Control Research Group, GN Tobacco Sweden AB, Gordito Oü, Gotlandssnus AB, Nordic Snus AB, Skruf Snus AB, Imperial Brands and US Smokeless Tobacco Co., Inc, other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.