DALLAS, April 10, 2015 /PRNewswire/ --
MarketReportsOnline.com adds Global Smokeless Tobacco industry research report of 44 pages published in April 2015 to the consumer goods market data collection of its online business intelligence library.
The largest single segment of the global tobacco market is cigarettes which accounts for roughly 90% of all tobacco consumed globally. In general, cigarette consumption has been declining over the past decade in most developed countries, while in many emerging markets cigarette consumption has continued to increase. Smokeless tobacco market is a small but growing tobacco category compared to cigarettes and is consumed in many parts of the world in different types and formats. There is a rise in demand for smokeless tobacco products since they are perceived to be less harmful than traditional cigarettes. Moreover, since they are smoke free, they can be consumed in places where cigarette smoking is prohibited. An increased consumption of smokeless tobacco products is lowering the demand for traditional cigarettes. The volume of cigarette sales has been declining as a result of growing health consciousness amongst people about the extreme health risks of smoking
As per the report "Global Smokeless Tobacco Market Report: 2015 Edition" The growth in smokeless tobacco industry is driven by increasing global population and personal income. Another factor providing a tailwind to the global smokeless tobacco industry is the low consumption of cigarettes in developed countries like the US.As the population increases, people at certain stage normally become seekers of pleasures from smoking tobacco and many of them become addicted to it. Smokeless tobacco products are expected to grow at an annual rate of 4% with the improvement of economic conditions. The economic growth of a country leads to an increase in wealth, thereby contributing in the growth of respective market as the spending power increases.
Purchase a copy of this research report at USD 700 (Single User License) http://www.marketreportsonline.com/contacts/purchase.php?name=404225.
This report presents an exhaustive study of smokeless tobacco in global and regional marketplace. It also encompasses a number of factors encouraging the growth of the global smokeless tobacco industry coupled with recent trends and challenges hindering the growth of the industry. The company profile section of the report covers detailed description of the players operating in the global smokeless tobacco market along with in-depth analysis of regional competition among the major players. By deploying SPSS Inc.'s data integration and analysis capabilities, future growth prediction in terms of value of the US smokeless tobacco market has also been analyzed in the report.
Few Points from Table of Contents (http://www.marketreportsonline.com/404225.html) are listed below
2. Market Analysis
3. Market Dynamics
4. Competitive Landscape
5. Company Profiles
6. Market Outlook
List of Tables
List of Charts
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