About Dry Snuff
Dry snuff is a powdered tobacco product made by curing or fermenting selected tobacco leaves and grounding them down into a fine powder. In the product, scents or flavors such as coffee, chocolate, plum, camphor, cinnamon, rose, mint, honey, vanilla, cherry, orange, and apricot are also added. Dry snuff is snorted or sniffed into the nasal cavity, where it sends a hit of nicotine into the bloodstream quickly. It is a highly addictive product and harmful to human health.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the stiff market share occupied by leading players. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to help them improve sustenance and maintain their competitive advantages. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Dry Snuff market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Swedish Match AB (Sweden), Imperial Brands plc. (United Kingdom), Reynolds American (United States), British American Tobacco plc. (United Kingdom), JTI - Japan Tobacco International (Switzerland), Altria Group, Inc. (United States), Gallaher Group (United Kingdom), Universal Corporation (United States) and American Snuff Co LLC (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Dry Snuff market by Type (Loose Snus, Portion Snus, Flavored Snus and Nicotine Strength) and Region.
On the basis of geography, the market of Dry Snuff has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Chanel, the sub-segment i.e. Supermarket will boost the Dry Snuff market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Popularity of Smokeless Tobacco Products and Manufacturers are Constantly Developing New and Innovative Dry Snuff Products
Market Growth Drivers:
Increasing Demand for Low-Priced Chewing Tobacco Products, Increased Disposable Income of the People in Developing Economies and Changing Consumer Preference
Challenges:
Stringent Government Rules and Regulations
Restraints:
Legality Issues in the Some Countries
Opportunities:
Increasing Consumption of Tobacco Products and Consumer Shift Towards Chewing Products from Cigarette
Market Leaders and their expansionary development strategies
In August 2022, Imperial Brands, a major tobacco company, completed the acquisition of Swedish Match AB, including its popular Skruf Snus brand. This potentially strengthens Imperial Brands' position in the European and North American dry snuff markets.
In February 2023, Altria, another major player in the US tobacco market, launched its On! brand in a menthol dry snuff variant. This targets the growing demand for menthol-flavored tobacco products, especially among younger consumers.
Key Target Audience
Dry Snuff Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.