Global Snus Market Size study & Forecast, by Product (Loose, Portion), by Flavor (Mint, Whiskey, Fruit, Others), and Regional Analysis, 2023-2030

Description

List of Tables

Global Snus Market is valued at approximately USD 2.90 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.4% during the forecast period 2023-2030. Snus, a form of moist tobacco-based product widely produced in Sweden and commonly found in Nordic countries such as Finland and Norway, is consumed orally by placing it behind the lower or upper lip for extended periods. It serves as a smokeless product with a higher nicotine content than cigarettes, making it highly addictive. Manufactured from a blend of dried tobacco leaves and salt, the snus is moistened with hot water vapor, and the final product, containing about 50% water, requires refrigeration. Available in loose or portioned forms in the market, snus is gaining popularity in the U.S. as an alternative to chewing, smoking, and dipping tobacco, despite its known health risks, including the potential for cancer and mortality associated with its consumption.

The market growth is driven by the increasing popularity of Snus as a Harmless Cigarette Substitute and the availability of a variety of Flavors. The introduction of new flavors, including fruits, eucalyptus, mint, berries, citrus, cedar, bergamot, hay, smoky, dry fruit, spices, and tea, is poised to contribute significantly to the increasing demand for snus in the forthcoming years 2023-2030. A key driver prompting tobacco and cigarette enthusiasts to switch to snus is itslower incidence of lung, pancreatic, and oral cancers, as well as respiratory illnesses compared to other tobacco products. Unlike fermented smokeless tobacco, snus undergoes steam pasteurization during production, preventing the development of cancer-causing tobacco-specific nitrosamines produced by microbes. Market players are capitalizing on this trend by offering a variety of flavored snus products. For example, Dholakiya Tobacco, an Indian company, provides a diverse range of snus flavors such as cool mint and watermelon, enhancing the appeal and projected demand for the product in the forecast period. However, Stringent Government Regulations in Some Countries and risks associated with Over Consumption of Snus stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Snus Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe holds a dominating position in the Snus Market, primarily driven by the widespread popularity of these products among male consumers in Scandinavian nations such as Norway and Sweden. The region's dominance is further propelled by a surge in new product launches within these countries. Meanwhile, the Middle East and Africa emerge as the anticipated growth hubs for the Snus Market. This growth is attributed to the introduction of innovative flavors, heightened consumer awareness advocating the use of snus over other tobacco products, and increased research and development activities in this geographical region.

Major market player included in this report are:

Swedish Match AB
Gotlandssnus
BAT (British American Tobacco)
Skruf Snus
Altria Group, Inc.
AG Snus
Dacapo Silver AB
GN Tobacco Sweden AB
Gordito Ou
Nordic Snus AB

Recent Developments in the Market:

In January 2023, Cannadips Europe, a brand under SpectrumLeaf offering premium CBD products in the European market, entered a partnership with Snushus AG. This collaboration aimed to introduce all-natural CBD snus pouches and make the core collection available in-store.
In November 2022, Philip Morris International made a strategic move by acquiring Swedish Match, a globally renowned manufacturer of snus and nicotine products. The primary objective behind this acquisition was PMI's entry into the United States Market.
In September 2021, Swedish Match took a significant step by deciding to discontinue the production of combustible tobacco products entirely. Simultaneously, the company disclosed plans to spin off its cigar business to shareholders.
In May 2021, Philip Morris International expanded its portfolio by acquiring AG Snus, a Danish-based company known for its Snus product brands. With an extensive global employee base exceeding 70,000 personnel, this acquisition is anticipated to fortify the long-term growth prospects of AG Snus.

Global Snus Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product, Flavour, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Loose
Portion

By Flavor:

Mint
Whiskey
Fruit
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Snus Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Snus Market, by Product, 2020-2030 (USD Billion)
- 1.2.3. Snus Market, by Flavor, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Snus Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Snus Market Dynamics

3.1. Snus Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Popularity of Snus as Harmless Cigarette Substitute
  - 3.1.1.2. Availability of Variety of Flavors
- 3.1.2. Market Challenges
  - 3.1.2.1. Stringent Government Regulations in Some Countries
  - 3.1.2.2. Risks Associated with Over Consumption of Snus
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing government rules and regulations for smokeless products
  - 3.1.3.2. Rising research and development activities

Chapter 4. Global Snus Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Snus Market, by Product

5.1. Market Snapshot
5.2. Global Snus Market by Product, Performance - Potential Analysis
5.3. Global Snus Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Snus Market, Sub Segment Analysis
- 5.4.1. Loose
- 5.4.2. Portion

Chapter 6. Global Snus Market, by Flavor

6.1. Market Snapshot
6.2. Global Snus Market by Flavor, Performance - Potential Analysis
6.3. Global Snus Market Estimates & Forecasts by Flavor 2020-2030 (USD Billion)
6.4. Snus Market, Sub Segment Analysis
- 6.4.1. Mint
- 6.4.2. Whiskey
- 6.4.3. Fruit
- 6.4.4. Others

Chapter 7. Global Snus Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Snus Market, Regional Market Snapshot
7.4. North America Snus Market
- 7.4.1. U.S. Snus Market
  - 7.4.1.1. Product breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Flavor breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Snus Market
7.5. Europe Snus Market Snapshot
- 7.5.1. U.K. Snus Market
- 7.5.2. Germany Snus Market
- 7.5.3. France Snus Market
- 7.5.4. Spain Snus Market
- 7.5.5. Italy Snus Market
- 7.5.6. Rest of Europe Snus Market
7.6. Asia-Pacific Snus Market Snapshot
- 7.6.1. China Snus Market
- 7.6.2. India Snus Market
- 7.6.3. Japan Snus Market
- 7.6.4. Australia Snus Market
- 7.6.5. South Korea Snus Market
- 7.6.6. Rest of Asia Pacific Snus Market
7.7. Latin America Snus Market Snapshot
- 7.7.1. Brazil Snus Market
- 7.7.2. Mexico Snus Market
7.8. Middle East & Africa Snus Market
- 7.8.1. Saudi Arabia Snus Market
- 7.8.2. South Africa Snus Market
- 7.8.3. Rest of Middle East & Africa Snus Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Swedish Match AB
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Gotlandssnus
- 8.3.3. BAT (British American Tobacco)
- 8.3.4. Skruf Snus
- 8.3.5. Altria Group, Inc.
- 8.3.6. AG Snus
- 8.3.7. Dacapo Silver AB
- 8.3.8. GN Tobacco Sweden AB
- 8.3.9. Gordito Ou
- 8.3.10. Nordic Snus AB

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Snus Market, report scope
TABLE 2. Global Snus Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Snus Market estimates & forecasts by Product 2020-2030 (USD Billion)
TABLE 4. Global Snus Market estimates & forecasts by Flavor 2020-2030 (USD Billion)
TABLE 5. Global Snus Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Snus Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Snus Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Snus Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Snus Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Snus Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Snus Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Snus Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Snus Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Snus Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Snus Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Snus Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Snus Market
TABLE 70. List of primary sources, used in the study of global Snus Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Snus Market, research methodology
FIG 2. Global Snus Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Snus Market, key trends 2022
FIG 5. Global Snus Market, growth prospects 2023-2030
FIG 6. Global Snus Market, porters 5 force model
FIG 7. Global Snus Market, pest analysis
FIG 8. Global Snus Market, value chain analysis
FIG 9. Global Snus Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Snus Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Snus Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Snus Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Snus Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Snus Market, regional snapshot 2020 & 2030
FIG 15. North America Snus Market 2020 & 2030 (USD Billion)
FIG 16. Europe Snus Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Snus Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Snus Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Snus Market 2020 & 2030 (USD Billion)