Global Snus Market Is Projected to Register 7.5% CAGR During the Forecast Period 2017-2022, New Report Suggests

As per the latest report by Fact.MR, the global market for snus is likely to experience strong growth. The market is estimated to reach US$ 1,408.4 million revenue by 2022 end

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Rockville, MD -- (SBWire) -- 02/13/2018 --Snus which refers to smokeless chewing tobacco. Snus has also been found to be less harmful than cigarettes. Hence the consumption of snus has also increased. Manufacturers are providing snus in two forms: loose and pouches. Manufacturers are also providing snus in different flavors and are also using significant amount of sweeteners. Except Sweden, sinus is still illegal in all the European Union. Various quality standards for snus are also being introduced, to set the limit for various ingredients used in it. This report, published by Fact.MR, provides in-depth analysis of the global snus market for the forecast period 2017-2022, and offers key insights about future market direction.

The scope of Fact.MR's report is to analyze the global snus market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Snus manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to snus.

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As per the latest report by Fact.MR, the global market for snus is likely to experience strong growth. The market is estimated to reach US$ 1,408.4 million revenue by 2022 end. Due to the rising awareness of snus among people and being less harmful than a cigarette, there has been a growth in the adoption snus in various regions, especially in Sweden. Manufacturers are focusing on educating people on snus in order to increase the number of end-users.

Original Regular Strength-Large Portion Snus- Top-Selling Product

Compared to the various types of snus products available in the market, original regular strength-large portion snus is likely to emerge as one of the top-selling products. By 2022 end, original regular strength-large portion snus is estimated to surpass US$ 500 million revenue.

Original Snus to be the Highly Preferred Flavor

Original snus is likely to gain close to two-fifth of the share in terms of the revenue by 2017 end. Original snus is estimated to bring in nearly US$ 600 million revenue towards 2022 end. Although Fruit flavor snus is also likely to experience strong growth throughout the forecast period.

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Films and Wraps to Gain Maximum Revenue Share

Films and wraps are likely to emerge as the highly preferred packaging for snus. Experiencing strong growth throughout 2017-2022, films and wraps are estimated to surpass US$ 400 million revenue towards 2022 end. On the other hand, pouches as a packaging for suns is are also likely to witness significant growth in the global market for snus.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global snus market through 2022, which include British American Tobacco p.l.c, Altria Group, Inc., Imperial Brands PLC, GN Tobacco Sweden AB, Swedish Match AB (publ), Hay Island Holding Corporation, Manikchand Group, Gotlands Snus Ab, DS Group, and Japan Tobacco Inc.

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About Fact.MR
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