The global Organic Tobacco Market was valued by US$ 141.8 million during 2018 and is likely to develop at a CAGR of 7.4% for the duration of the forecast. It is estimated to touch US$ 233.5 million by the completion of 2025.
Organic tobacco is grown and treated without consuming any preservatives or chemicals. These are encircled with sunflower plants for useful insects for example bugs. Organic tobacco products exist in a number of formulations. The campaigners of anti-tobacco state that organic tobacco helps in quitting smoking because it does not comprise bleach, ammonia and insecticides like that of conventional tobacco. This is one of the important reasons bolstering the organic tobacco industry. The products of organic tobacco permanently have the official recognition of United States Department of Agriculture (USDA).
Increasing alertness among irregular along with substantial smokers about the benefits of consuming organic flavored tobacco to leave smoking is expected to encourage development during the nearby future.
The mainstream of smokers is, these days shifting to rolled cigarettes with organic tobacco. This is certainly impacting the organic tobacco market. Increasing alertness regarding fitness is motivating smokers to alter their first choice. As the product is less harmful as equated with conventional tobacco, rather than leaving the habit of smoking totally, the mainstream of smokers have been turning their attention in the direction of the ingestion of cigarettes and cigars, manufactured from organic tobacco. This reason is expected to motivate the demand for the product during the estimated period.
The global organic tobacco market can be classified by Application, Curing Method, and Region. By Application it can be classified as Smokeless, Smoking, Dissolvable Tobacco, Roll Your Own (RYO), Cigarettes, Snuff, Cigarillos & Cigars, and Others. By Curing method, it can be classified as Fired Cured, Flue-cured, Air Cured, Sun Cured, and Others.
By Region the global organic tobacco industry can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. North America is estimated to be one of the important markets. In 2018, it was responsible for more than 30% share of global income. Growing expenditure on the development of organic products having abridged damaging possessions by the companies of tobacco processing is expected to have potential for the development. Japan Tobacco Inc. presented a new-fangled product in October 2017, which was accepted by United States Department of Agriculture (USDA), in the name of Natural American Spirit Organic Leaf. It is free of any additives. The inclination of the buyers toward shifting to ingest the products of organic tobacco in the form of cigars and cigarettes rather than give up smoking.
Asia Pacific is likely to observe speedy CAGR of 8.9% from 2018 to 2025. Nations comprising Japan, India, and China are undergoing a substantial increase in the demand for the product, due to the reasons for example growth in levels of per head earnings, alertness of the customers and an effort to go for a lesser amount of damaging products. Moreover, in 2018, India was responsible for above 80% of global intake of smokeless tobacco. This issue is expected to increase the range of organic tobacco by way of an eco-friendly and smokeless substitute during the following eight years.
Growing expenditure on R&D activities and the Mergers and Acquisitions (M&A) are expected to continue to be the critical reasons for the accomplishment during the following eight years. Some of the important companies for organic tobacco market are: Quinnington Organic Tobacco Company Pty., Vape Organics, Mother Earth Tobacco, Hestia Tobacco LLC, R. J., Seke S.A, Reynolds American, Inc., Bigarette & Co., Hi Brasil Tobacco, Santa Fe Natural Tobacco Company.
Organic Tobacco Product Outlook (Revenue, USD Million, 2015 - 2025)
• Sun Cured
• Fired Cured
Organic Tobacco Application Outlook (Revenue, USD Million, 2015 - 2025)
Organic Tobacco Regional Outlook (Revenue, USD Million, 2015 - 2025)
• North America
• Asia Pacific
• Central & South America
• Middle East & Africa
• South Africa
Research Support Specialist, USA