Sept. 13, 2019, 4:49 a.m. EDT

MEA Smokeless Tobacco Market is anticipated to grow at a CAGR over 3.8% post 2023 | Assets to MRFR - 13 Sep 2019

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

Sep 13, 2019 (MarketersMedia via COMTEX) -- MEA Smokeless Tobacco Market Research Report by type (chewing tobacco, dipping tobacco, dissolvable tobacco), by form (moist, dry), by route (oral, nasal) and by regions (Middle East & Africa) - Forecast till 2023

pune, India - September 13, 2019 /MarketersMedia/ --

Market Overview
Market Research Future (MRFR) has published an in-depth on the MEA smokeless tobacco market recently. As per the report, the MEA smokeless tobacco market is anticipated to reach USD 1.36 Bn at a CAGR of 3.80% by the end of the forecast period of 2017-2023.

The use of tobacco is indigenous to African countries, where it is believed that chewing tobacco is less harmful or totally harmless as compared to smoking tobacco. Moreover, it is also a notion among consumers that chewing tobacco can help to prevent oral diseases. In addition, smokeless tobacco is highly affordable, which makes them popular even among women in Africa. Smokeless tobacco is cheap and is available in various flavors and forms, which attracts consumers. In addition, high taxes imposed on cigarettes to curb smoking has affected the smokeless tobacco market positively. Even though the smokeless tobacco represents a smaller share of the overall tobacco industry in the Middle East & Africa, the market is likely to find growth opportunities in the rural parts of Africa, where they are consumed a s part of tradition.

In contrast, the situation is the Middle East is different. In countries such as Arab, smoking is highly preferred over chewing of tobacco. Meanwhile, cigarette companies are increasingly turning to smokeless tobacco business to revive from the damage caused by the current prevalent smoking malaise among consumers, which is anticipated to boost the growth of the market in the coming years.

Get Free Sample Copy of "Middle East & Africa Smokeless Tobacco Market" @ https://www.marketresearchfuture.com/sample_request/6203

Competitive Landscape
? Swedish Match AB.,
? British American Tobacco PLC/RJ Reynolds Tobacco Company,
? Japan Tobacco, Inc.
? Philip Morris International, Inc.

Segmentation
The MEA smokeless tobacco market has been segmented based on type, form and route of consumption.

By type, the MEA smokeless tobacco market has been segmented into chewing tobacco, dipping tobacco, and dissolvable tobacco. Most of the market share is captured by the dipping tobacco segment and is expected to expand at a CAGR of 4.02% over the forecast period. The dipping tobacco segment has been further segmented into moist snuff, dry snuff, and snus.

By form, the MEA smokeless tobacco market has been segmented into moist and dry. The moist segment is dominating the market and accounts for 59.27% share of the market. The moist form of smokeless tobacco is gaining immense popularity in the region and changing consumer preferences pertaining to cigarettes can be credited for the growth of the segment.

By route of consumption, the MEA smokeless tobacco market has been segmented into oral and nasal. The oral segment is dominating the market with almost 60% share of the global market. Oral smokeless tobacco is aligned with the advantage of convenience and can be easily used for daily consumption. Moreover, moist snuff is generally consumed through the oral route, which is boosting the growth of the segment. The nasal segment is anticipated to capture a CAGR of 3.20% over the forecast period.

Get More Professional and Technical Industry Insights @ https://www.marketresearchfuture.com/reports/mea-smokeless-tobacco-market-6203

Regional Analysis
The MEA smokeless tobacco market has been segmented into the Middle East and Africa.

Africa accounts for the lion's share of the market that is almost 60%. The consumption of smokeless tobacco is highly popular, especially in regions such as Madagascar, Sudan, DR Congo, Algeria, South Africa, and Rest of Africa, which drive the sales of the product. In addition, smokeless tobacco is also popular among women in the region, who generate additional demand within the market. Sudan is leading the Africa smokeless tobacco market, where the preconceived notion that smokeless tobacco is harmless is boosting demand within the market.

The Middle East smokeless tobacco market consists of Saudi Arabia, Iraq, Yemen and Rest of the Middle East. The market is likely to exhibit moderate growth as the regular cigarettes and hookah are the predominant trend in the region.

Contact Info:
Name: Abhishek
Email: Send Email
Organization: market research future
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
Phone: 6468459312
Website: https://www.marketresearchfuture.com/reports/mea-smokeless-tobacco-market-6203

Source URL: https://marketersmedia.com/mea-smokeless-tobacco-market-is-anticipated-to-grow-at-a-cagr-over-38-post-2023-assets-to-mrfr/88918469

Source: MarketersMedia

Release ID: 88918469

This press release is syndicated from MarketersMEDIA, your global press release service which provides business announcements, market trends, financial analysis, expected growth forecast, predictions, and more since 2012.

MarketersMEDIA press releases syndicated on this website are accurate at the time of release. Information provided in the release such as global trends, analysis, growth forecast, and expected market share in dollars may change over time, and may or may not be accurate after the date of release.

COMTEX_352208114/2567/2019-09-13T04:48:48

This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.