Top Emerging Trends Of U.S. Tobacco Market Progress Forecast 2025 |Grand View Research, Inc.



The U.S. tobacco market is expected to reach USD 119.3 billion by 2025, according to a study conducted by Grand View Research, Inc. Increasing consumer disposable income and availability of superior products such as customized e-cigarettes and pipes have bolstered the market growth.
Increasing consumption of tobacco by the youth and female population are boosting the market growth. For instance, as per the SMEs, 14.3 billion women were smokers in the U.S. in 2012.
Increasing health consciousness and government initiatives to control tobacco-related diseases might hamper the market growth. For instance, in 2016, Department of Health planned to introduce a bill to ban the sale of cigarettes from vending machines.
The prominent industry participants include Altria Group Inc., Reynolds American Inc., Philip Morris International, Imperial BRANDS, and Japan Tobacco Inc. among others. The key players in the market are focusing on collaborating with other players. Moreover, they are making huge investments in R&D to develop innovative solutions and gain a competitive edge over others.

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Stringent government regulations pertaining tobacco production, and distribution may slow down the market growth. Additionally, high prices of tobacco products might hamper the market. Therefore, tobacco producing companies are focusing on developing affordable solutions.
Further key findings from the study suggest:
·         Smokeless tobacco is available in various variants such as tobacco chews, and others; therefore, the segment is expected to emerge as the fastest-growing segment over the forecast period.
·         The prominent industry participants include Altria Group Inc., Reynolds American Inc., Philip Morris International, Imperial BRANDS, and Japan Tobacco Inc.
Numerous health benefits can be gained by smoking tobacco. For instance, according to a study by the American Journal of Epidemiology, smoking tobacco can reduce the risk of Parkinson’s disease. Additionally, smoking tobacco by addicted in various forms such as cigarettes and others are anticipated to reduce stress levels.
Availability of superior products such as e-cigarettes, pipes, vapor products and others are also boosting the market growth. Earlier, tobacco smoking was considered as a masculine habit, but with globalization, the female population has also adopted smoking. Tobacco companies are offering tobacco products of different variants. There are various types of cigarettes available for men and women and of different flavors.
However, stringent government regulations pertaining tobacco production and distribution may slow down the market growth. Additionally, increasing health consciousness and government initiatives to control tobacco-related diseases might hamper the market growth. For instance, in 2016, Department of Health planned to introduce a bill to ban the sale of cigarettes from vending machines.

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Cigarettes segment dominated the U.S. market. It was valued at USD 83.3 billion in 2016 and is anticipated to grow at a CAGR of 1.4% over the forecast period. The absence of tobacco-free products and substitutes was driving the market growth. However, smokeless tobacco segment is expected to be the fastest-growing segment over the forecast period. These products are available in various forms such as tobacco chews, nicotine patches, nicotine discs and others.
Grand View Research has segmented the U.S. tobacco market based on product type:
Product Type Outlook (Revenue, USD Billion; 2014 - 2025)
·         Cigarettes
·         Smoking Tobacco
·         Smokeless Tobacco
·         Cigars & Cigarillos
Additionally, chewing tobacco is considered to act as an appetite suppressant as it is consumed through the mouth and hence a person cannot eat when it is being consumed. Therefore, it is beneficial for weight loss. Thus, the segment is anticipated to reach USD 9.5 billion by 2025, growing at a CAGR of 4.2% over the forecast period.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


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