Smokeless Tobacco Market size was over USD 14.87 billion in 2024 and is poised to exceed USD 20.24 billion by 2037, witnessing over 2.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of smokeless tobacco is estimated at USD 15.17 billion.
The regulatory pressure against smoking tobacco has forced tobacco companies to look beyond conventional smoking tobacco and start investing in the production of smokeless tobacco which has been gaining interest all over the world. The primary factor for the growth of the market can be attributed to the adoption of flavoured smokeless tobacco by the younger generation. Moreover, the convenience in the consumption of tobacco chewing bags adds up to the popularity of these products.
Author Credits: Radhika Pawar
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?