As per the latest report by Fact.MR, the snus market 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. Snus market players are focusing on educating people on snus in order to increase the number of end-users.
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The Snus market study outlines the key regions - North America, Latin America, Europe, Japan, APEJ, and MEA – alongwith the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are 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.
The Snus market report addresses the below-mentioned queries:
• Why are vendors shifting away from traditional methods of manufacturing Snus?
• How does the global Snus market looks like in the next five years?
• Which end use industry is expected to surpass segment by the end of 2022?
• What innovative products are being introduced by the players in the global Snus market?
• Which regions are showing the fastest market growth?
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On the basis of product, the Snus market study consists of
• Original Regular Strength-Large Portion
• White Regular Strength-Large Portion
• All Strong & Extra Strong-Large Portion
• Mini Portion
• Strong & Extra Strong-Loose Snus
• Candy Snus
On the basis of Flavors, the Snus market study incorporates:
Crucial insights in the Snus market research:
• Underlying macro- and microeconomic factors impacting the growth of the Snus market.
• Basic overview of the Snus, including market definition, classification, and applications.
• Scrutinization of each Snus market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend of Snus across various industries.
• Important regions and countries offering lucrative opportunities to Snus market stakeholders.
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