Raw Tobacco Leaves Market to Grow at a CAGR of 1.5% to reach US$ 34,436.28 Million from 2020 to 2028
The raw tobacco leaves market was valued at US$ 31,045.19 million in 2021 and is projected to reach US$ 34,436.28 million by 2028; it is expected to grow at a CAGR of 1.5% from 2021 to 2028.
Tobacco products are made by curing raw tobacco leaves. Tobacco leaves contain nicotine and a volatile alkaloid that stimulate brain function. Moreover, continuous innovations in tobacco products and government regulations in selling raw tobacco leaves are projected to create profitable opportunities for active vendors during the forecast period.
During the forecast period, Asia Pacific is likely to account for the largest share of the global raw tobacco leaves market. Acccording to Asia-Pacific Heart Network, the region has the highest smoking rates in the world, as 2.3 million deaths are recorded in the region due to tobacco consumption-related diseases per year, accounting for about half of the 5 million global tobacco related deaths each year. Further, improvements in retail infrastructure and intensive brand campaigns by prominent tobacco companies, such as Philip Morris International and British American Tobacco, in key markets such as China, Bangladesh, India, and the Philippines are likely to support the market expansion in this region.
The ongoing COVID-19 pandemic has drastically altered the status of the raw tobacco leaves market. The pandemic has had the most influence on the production, logistics, and tourism & travel industries. The outbreak forced the governments of numerous countries to impose lockdown to decrease the spread of the virus. Thus, several companies are undergoing downtime and some companies are working remotely, which is leading to low productivity and income. The COVID-19 pandemic has created a significant societal and economic disruption and resulted in closures of stores, factories, and offices. The crisis also put restrictions on manufacturing, distribution, and travel. All these factors adversely impacted businesses, operations, cash flows, and financial positions during the continuation of the pandemic. The raw tobacco leaves industry was significantly growing before the COVID-19 outbreak. However, it is experiencing an irregularity in recent times, as consumers are selective in their purchases. The condition has substantially disrupted the demand for tobaccos. In several countries, tobacco products are classified as nonessential items, which has lowered the demand for raw tobacco leaves and tobacco products across the globe. COVID-19 is a respiratory disease so creates breathing issues. Therefore, people are avoiding using tobacco products. Also, tobacco smokers are being advised to quit smoking to lower the risk of getting infected by the virus. Thus, the COVID-19 outbreak is expected to restrain the growth of the raw tobacco leaves market in the future.
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Raw Tobacco Leaves Market: Strategic Insights
Market Size Value in US$ 31,045.19 Million in 2021 Market Size Value by US$ 34,436.28 Million by 2028 Growth rate CAGR of 1.5% from 2021-2028 Forecast Period 2021-2028 Base Year 2021
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Raw Tobacco Leaves Market: Strategic Insights
Market Size Value in | US$ 31,045.19 Million in 2021 |
Market Size Value by | US$ 34,436.28 Million by 2028 |
Growth rate | CAGR of 1.5% from 2021-2028 |
Forecast Period | 2021-2028 |
Base Year | 2021 |
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Increasing Consumption of Tobacco Products in Developing Regions
The demand for tobacco products is increasing rapidly in regions such as Asia Pacific and Middle East & Africa. The growth in demand in Asia Pacific is attributed to the rising population, elevating income levels of the consumers, and lenient government regulations. The market in emerging regions such as the Asia Pacific and Middle East & Africa is expected to witness substantial growth during the forecast period. Growth in retail infrastructure and widespread brand campaigns by leading tobacco-producing organizations, such as Philip Morris International and British American Tobacco, in primary markets including India, China, Bangladesh, and the Philippines are projected to fuel the market growth in the Asia Pacific region in the coming years. Efforts by multinational tobacco companies to surge and develop tobacco production in the emerging regions are expected to meet the increasing needs of their overseas markets with readily available and cheaper tobacco leaves.
Asia-Pacific is one of the significant producers and consumers of tobacco globally, led by countries such as India and China. Four of the largest tobacco companies across the world are Japan Tobacco Inc., China National Tobacco Corporation, ITC Limited, and PT Gudang Garam Tbk, and they are based in Asia Pacific. Moreover, China is the largest market in the region, with a substantial percentage of its population consuming tobacco products. With lax in regulations in countries, such as the ban on the consumption of tobacco products in public places in India, and the increasing availability of tobacco products in modern retail outlets in the region are actively fueling the growth of the raw tobacco leaves market in Asia Pacific.
Leaf Type Insights
Based on leaf type, the global raw tobacco leaves market is segmented into virginia, oriental, and others. The virginia segment is expected to hold the largest share of the market during the forecast period. Virginia, or flue-cured tobacco, is also known as 'bright tobacco' because of its golden-yellow to deep-orange color while curing. It is typically cured for a week in heated barns and has a light, vibrant flavor, and taste. It grows exceptionally well in rainy areas, such as Georgia (USA), southern Brazil, and Zimbabwe, and can be found in almost every cigarette blend. Virginia tobacco is the most widely consumed tobacco across the world. It is grown, harvested, cured, and processed in a variety of methods. It has a nicotine range from 1% to 4% and sugar ranges from 4% to 25%. Virginia tobacco contains a large amount of sugar and makes the cigarette smoke sweeter.
Application Insights
The raw tobacco leaves market, based on application, is segmented into smoking tobacco, moist and dry snuff, and others. The smoking tobacco segment is expected to hold the largest share of the market during the forecast period. Raw tobacco leaves are mainly used for smoking in products such as cigarettes, roll-your-own, cigars, water pipes, e-cigarettes, and vapes. Tobacco smoking is an act of inhaling the smoke produced by burning dry or cured tobacco leaves. Tobacco's biochemically active components, such as nicotine and TSNA, are released during combustion and can be absorbed through the lungs. Tobacco is the core component of smoking tobacco products. Virginia, burley, and oriental are three tobacco types that are widely used in making tobacco products. According to a 2016 Behavioral Risk Factor Surveillance System survey, 44.3% of current young adult e-cigarette users were never smokers before trying e-cigarettes. Furthermore, young adults between the ages of 18 and 24 year are increasingly utilizing e-cigarettes. According to a recent study, the percentage of young adults who use e-cigarettes every day or on some days increased from 2.4% in 2012–2013 to 5.2% in 2017 and then increased again to 7.6% in 2018.
Universal Corporation, Sopariwala Exports, Alliance One International Inc., Leaf Only,British American Tobacco p.l.c., Leafcon International, BBM Bommidala Group, Star Agritech International, JT Group, and U.S. Tobacco Cooperative Inc. are among well-established players operating in the global raw tobacco leaves market. These companies offer their products worldwide.
Report Spotlights
- Progressive industry trends in the global raw tobacco leaves market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the global raw tobacco leaves market from 2019 to 2028
- Estimation of the demand for raw tobacco leaves across various industries
- Porter’s Five Forces analysis to illustrate the efficacy of vendors operating in the industry to predict the market growth
- Recent developments to understand the competitive market scenario and the demand for raw tobacco leaves
- Market trends and outlook coupled with factors driving and restraining the growth of the raw tobacco leaves market
- Decision-making process by understanding strategies that underpin commercial interest with regard to the global raw tobacco leaves market growth
- Raw tobacco leaves market size at various nodes of the market
- Detailed overview and segmentation of the global raw tobacco leaves market as well as its dynamics in the industry
- Raw tobacco leaves market size in various regions with promising growth opportunities
Raw Tobacco Leaves Market Report Scope
Raw Tobacco Leaves Market, by Leaf Type
- Virginia
- Oriental
- Others
Raw Tobacco Leaves Market, by Application
- Smoking Tobacco
- Moist and Dry Snuff
- Others
Company Profiles
- Universal Corporation
- Sopariwala Exports
- Alliance One International Inc.
- Leaf Only
- British American Tobacco p.l.c.
- Leafcon International
- BBM Bommidala Group
- Star Agritech International
- JT Group
- U.S. Tobacco Cooperative Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Leaf Type and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The overall threat of rivalry in raw tobacco leaves market is high. Rivalry is a high threat to profit when there are more than two competitors of similar size. Herein, competitive rivalry is intense as the industry’s products are undifferentiated. This makes for intense rivalry because competitors are constantly seeking ways to reach a competitive advantage over one another to gain market share.
The major players operating in the global raw tobacco leaves market are Universal Corporation, Sopariwala Exports, Alliance One International Inc., Leaf Only, British American Tobacco p.l.c., Leafcon International, BBM Bommidala Group, Star Agritech International, JT Group, U.S. Tobacco Cooperative Inc. and many others.
In 2020, Asia-Pacific accounted for the largest share of more than 55% in the global raw tobacco leaves market. The Asia-Pacific region has some of the highest smoking rates in the world, with 2.3 million deaths from tobacco-related diseases per year, accounting for about half of the 5 million global tobacco deaths each year. Further, improvements in retail infrastructure and intensive brand campaigns by prominent tobacco companies such as Philip Morris International and British American Tobacco, in key markets such as China, Bangladesh, India, and the Philippines, are likely to support market expansion in this region.
Based on application, the smoking tobacco segment dominated the market in 2020 and is expected to maintain its dominance throughout the forecast period. Raw tobacco leaves are mainly used for smoking in products such as cigarettes, roll-your-own, cigars, water pipes, e-cigarettes, and vapes. Tobacco smoking is the act of inhaling the smoke produced by burning dry or cured tobacco leaves. Tobacco's biochemically active components, such as nicotine and TSNA, are released during combustion and can be absorbed through the lungs. Tobacco is the core component of smoking tobacco products.
The global raw tobacco leaves market growth is majorly influenced by determinants such as increasing consumption of tobacco products in developing countries, rising health awareness regarding the health concerns of tobacco, and strategic investments by the prominent market players.
The Virginia segment is expected to dominate the market during the forecast period. Virginia, or flue-cured tobacco, is also known as 'bright tobacco' because of the golden-yellow to deep-orange color while curing. It is typically cured for a week in heated barns and has a light, vibrant flavor, and taste. It grows exceptionally well in rainy areas, such as Georgia (USA), southern Brazil, and Zimbabwe, and can be found in almost every cigarette blend. Virginia tobacco is the most widely consumed tobacco in the world.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Global Raw Tobacco Leaves Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of Substitutes
4.2.4 Threat of New Entrants
4.2.5 Competitive Rivalry
4.3 Value Chain Analysis
4.3.1 Raw Material:
4.3.2 Manufacturing/Processing:
4.3.3 Packaging:
4.4 Expert Opinion
5. Raw Tobacco Leaves Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Consumption of Tobacco Products in Developing Countries
5.2 Market Restraints
5.2.1 Growing Awareness About Harmful Effects of Tobacco Consumption
5.3 Market Opportunities:
5.3.1 Rising Strategic Investments
5.4 Future Trends:
5.4.1 Introduction of Distinguished Premium Products
5.5 Impact Analysis of Drivers and Restraints
6. Raw Tobacco Leaves – Global Market Analysis
6.1 Raw Tobacco Leaves Market Overview
6.2 Raw Tobacco Leaves Market –Revenue and Forecast to 2028 (US$ Million)
6.3 Competitive Positioning – Key Market Players
7. Global Raw Tobacco Leaves Market Analysis – By Leaf Type
7.1 Overview
7.2 Raw Tobacco Leaves Market, By Leaf Type (2020 and 2028)
7.3 Virginia
7.3.1 Overview
7.3.2 Virginia: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Oriental
7.4.1 Overview
7.4.2 Oriental: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
8. Raw Tobacco Leaves Market Analysis – By Application
8.1 Overview
8.2 Raw Tobacco Leaves Market, By Application (2020 and 2028)
8.3 Smoking Tobacco
8.3.1 Overview
8.3.2 Smoking Tobacco: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Moist and Dry Snuff
8.4.1 Overview
8.4.2 Moist and Dry Snuff: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
9. Raw Tobacco Leaves Market – Geographic Analysis
9.1 Overview
9.2 North America: Raw Tobacco Leaves Market
9.2.1 North America: Raw Tobacco Leaves Market –Revenue, and Forecast to 2028 (US$ Million)
9.2.2 North America: Raw Tobacco Leaves Market, by Leaf Type
9.2.3 North America: Raw Tobacco Leaves Market, by Application
9.2.4 North America: Raw Tobacco Leaves Market, by Key Country
9.2.4.1 US: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.2.4.1.1 US: Raw Tobacco Leaves Market, by Leaf Type
9.2.4.1.2 US: Raw Tobacco Leaves Market, by Application
9.2.4.2 Canada: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.2.4.2.1 Canada: Raw Tobacco Leaves Market, by Leaf Type
9.2.4.2.2 Canada: Raw Tobacco Leaves Market, by Application
9.2.4.3 Mexico: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.2.4.3.1 Mexico: Raw Tobacco Leaves Market, by Leaf Type
9.2.4.3.2 Mexico: Raw Tobacco Leaves Market, by Application
9.3 Europe: Raw Tobacco Leaves Market
9.3.1 Europe: Raw Tobacco Leaves Market –Revenue, and Forecast to 2028 (US$ Million)
9.3.2 Europe: Raw Tobacco Leaves Market, by Leaf Type
9.3.3 Europe: Raw Tobacco Leaves Market, by Application
9.3.4 Europe: Raw Tobacco Leaves Market, by Key Country
9.3.4.1 Germany: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.3.4.1.1 Germany: Raw Tobacco Leaves Market, by Leaf Type
9.3.4.1.2 Germany: Raw Tobacco Leaves Market, by Application
9.3.4.2 France: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.3.4.2.1 France: Raw Tobacco Leaves Market, by Leaf Type
9.3.4.2.2 France: Raw Tobacco Leaves Market, by Application
9.3.4.3 Italy: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.3.4.3.1 Italy: Raw Tobacco Leaves Market, by Leaf Type
9.3.4.3.2 Italy: Raw Tobacco Leaves Market, by Application
9.3.4.4 UK: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.3.4.4.1 UK: Raw Tobacco Leaves Market, by Leaf Type
9.3.4.4.2 UK: Raw Tobacco Leaves Market, by Application
9.3.4.5 Russia: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.3.4.5.1 Russia: Raw Tobacco Leaves Market, by Leaf Type
9.3.4.5.2 Russia: Raw Tobacco Leaves Market, by Application
9.3.4.6 Rest of Europe: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.3.4.6.1 Rest of Europe: Raw Tobacco Leaves Market, by Leaf Type
9.3.4.6.2 Rest of Europe: Raw Tobacco Leaves Market, by Application
9.4 Asia-Pacific: Raw Tobacco Leaves Market
9.4.1 Asia-Pacific: Raw Tobacco Leaves Market –Revenue, and Forecast to 2028 (US$ Million)
9.4.2 Asia-Pacific: Raw Tobacco Leaves Market, by Leaf Type
9.4.3 Asia-Pacific: Raw Tobacco Leaves Market, by Application
9.4.4 Asia-Pacific: Raw Tobacco Leaves Market, by Key Country
9.4.4.1 China: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.4.4.1.1 China: Raw Tobacco Leaves Market, by Leaf Type
9.4.4.1.2 China: Raw Tobacco Leaves Market, by Application
9.4.4.2 India: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.4.4.2.1 India: Raw Tobacco Leaves Market, by Type
9.4.4.2.2 India: Raw Tobacco Leaves Market, by Application
9.4.4.3 Japan: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.4.4.3.1 Japan: Raw Tobacco Leaves Market, by Leaf Type
9.4.4.3.2 Japan: Raw Tobacco Leaves Market, by Application
9.4.4.4 Rest of Asia-Pacific: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.4.4.4.1 Rest of Asia-Pacific: Raw Tobacco Leaves Market, by Leaf Type
9.4.4.4.2 Rest of Asia-Pacific: Raw Tobacco Leaves Market, by Application
9.5 Middle East and Africa: Raw Tobacco Leaves Market
9.5.1 Middle East and Africa: Raw Tobacco Leaves Market –Revenue, and Forecast to 2028 (US$ Million)
9.5.2 Middle East and Africa: Raw Tobacco Leaves Market, by Type
9.5.3 Middle East and Africa: Raw Tobacco Leaves Market, by Application
9.5.4 Middle East and Africa: Raw Tobacco Leaves Market, by Key Country
9.5.4.1 Saudi Arabia: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.5.4.1.1 Saudi Arabia: Raw Tobacco Leaves Market, by Type
9.5.4.1.2 Saudi Arabia: Raw Tobacco Leaves Market, by Application
9.5.4.2 UAE: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.5.4.2.1 UAE: Raw Tobacco Leaves Market, by Type
9.5.4.2.2 UAE: Raw Tobacco Leaves Market, by Application
9.5.4.3 South Africa: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.5.4.3.1 South Africa: Raw Tobacco Leaves Market, by Type
9.5.4.3.2 South Africa: Raw Tobacco Leaves Market, by Application
9.5.4.4 Rest of the Middle East and Africa: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.5.4.4.1 Rest of the Middle East and Africa: Raw Tobacco Leaves Market, by Type
9.5.4.4.2 Rest of the Middle East and Africa: Raw Tobacco Leaves Market, by Application
9.6 South and Central America: Raw Tobacco Leaves Market
9.6.1 South and Central America: Raw Tobacco Leaves Market –Revenue, and Forecast to 2028 (US$ Million)
9.6.2 South and Central America: Raw Tobacco Leaves Market, by Type
9.6.3 South and Central America: Raw Tobacco Leaves Market, by Application
9.6.4 South and Central America: Raw Tobacco Leaves Market, by Key Country
9.6.4.1 Brazil: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.6.4.1.1 Brazil: Raw Tobacco Leaves Market, by Type
9.6.4.1.2 Brazil: Raw Tobacco Leaves Market, by Application
9.6.4.2 Argentina: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.6.4.2.1 Argentina: Raw Tobacco Leaves Market, by Type
9.6.4.2.2 Argentina: Raw Tobacco Leaves Market, by Application
9.6.4.3 Rest of South and Central America: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
9.6.4.3.1 Rest of South and Central America: Raw Tobacco Leaves Market, by Type
9.6.4.3.2 Rest of South and Central America: Raw Tobacco Leaves Market, by Application
10. Overview- Impact of Coronavirus Outbreak
10.1 Impact of COVID-19 Pandemic on Raw Tobacco Leaves Market
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of COVID-19 Pandemic
10.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.6 South and Central America: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 Universal Corporation
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Sopariwala Exports.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Alliance One International Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Leaf Only
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 British American Tobacco p.l.c.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Leafcon International
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 BBM Bommidala Group
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Star Agritech International
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 U.S. Tobacco Cooperative Inc.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Japan Tobacco International
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Raw Tobacco Leaves Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Global Raw Tobacco Leaves Market, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Global Raw Tobacco Leaves Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. US Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. US Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. Europe Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Europe Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Germany Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Germany Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 16. France Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 17. France Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 18. Italy Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Italy Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 20. UK Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 21. UK Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 22. Russia Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 23. Russia Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Europe Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of Europe Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 26. Asia-Pacific Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 27. Asia-Pacific Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 28. China Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 29. China Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 30. India Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 31. India Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 32. Japan Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 33. Japan Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 34. Rest of Asia-Pacific Raw Tobacco Leaves, by Leaf Type – Revenue and Forecast to 2028 (US$ Million)
Table 35. Rest of Asia-Pacific Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 36. Middle East and Africa Raw Tobacco Leaves, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 37. Middle East and Africa Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 38. Saudi Arabia Raw Tobacco Leaves, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 39. Saudi Arabia Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 40. UAE Raw Tobacco Leaves, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 41. UAE Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 42. South Africa Raw Tobacco Leaves, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 43. South Africa Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 44. Rest of the Middle East and Africa Raw Tobacco Leaves, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 45. Rest of the Middle East and Africa Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 46. South and Central America Raw Tobacco Leaves, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 47. South and Central America Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 48. Brazil Raw Tobacco Leaves, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 49. Brazil Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 50. Argentina Raw Tobacco Leaves, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 51. Argentina Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 52. Rest of South and Central America Raw Tobacco Leaves, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 53. Rest of South and Central America Raw Tobacco Leaves, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 54. List of Abbreviation
LIST OF FIGURES
Figure 1. Global Raw Tobacco Leaves Market Segmentation
Figure 2. Raw Tobacco Leaves Market Segmentation – By Geography
Figure 3. Global Raw Tobacco Leaves Market Overview
Figure 4. Raw Tobacco Leaves Market, By Type
Figure 5. Raw Tobacco Leaves Market, By Geography
Figure 6. Global Raw Tobacco Leaves Market, Industry Landscape
Figure 7. Porter ‘s Five Forces Analysis for Raw Tobacco Leaves Market
Figure 8. Value Chain: Raw Tobacco Leaves
Figure 9. Expert Opinion
Figure 10. Raw Tobacco Leaves Market Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Raw Tobacco Leaves Market
Figure 12. Global: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Raw Tobacco Leaves Market Revenue Share, By Leaf Type (2020 and 2028)
Figure 14. Virginia: Raw Tobacco Leaves Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Oriental: Raw Tobacco Leaves Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Others: Raw Tobacco Leaves Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Raw Tobacco Leaves Market Revenue Share, By Application (2020 and 2028)
Figure 18. Smoking Tobacco: Raw Tobacco Leaves Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Moist and Dry Snuff: Raw Tobacco Leaves Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Others: Raw Tobacco Leaves Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Global Raw Tobacco Leaves Market Revenue Share, by Region (2020 and 2028)
Figure 22. North America: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America: Raw Tobacco Leaves Market Revenue Share, by Leaf Type (2020 and 2028)
Figure 24. North America: Raw Tobacco Leaves Market Revenue Share, by Application (2020 and 2028)
Figure 25. North America: Raw Tobacco Leaves Market Revenue Share, by Key Country (2020 and 2028)
Figure 26. US: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 27. Canada: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 28. Mexico: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 29. Europe: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Europe: Raw Tobacco Leaves Market Revenue Share, by Leaf Type (2020 and 2028)
Figure 31. Europe: Raw Tobacco Leaves Market Revenue Share, by Application (2020 and 2028)
Figure 32. Europe: Raw Tobacco Leaves Market Revenue Share, by Key Country (2020 and 2028)
Figure 33. Germany: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 34. France: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 35. Italy: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 36. UK: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 37. Russia: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 38. Rest of Europe: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 39. Asia-Pacific: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Asia-Pacific: Raw Tobacco Leaves Market Revenue Share, by Leaf Type (2020 and 2028)
Figure 41. Asia-Pacific: Raw Tobacco Leaves Market Revenue Share, by Application (2020 and 2028)
Figure 42. Asia-Pacific: Raw Tobacco Leaves Market Revenue Share, by Key Country (2020 and 2028)
Figure 43. China: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 44. India: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 45. Japan: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 46. Rest of Asia-Pacific: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 47. Middle East and Africa: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. Middle East and Africa: Raw Tobacco Leaves Market Revenue Share, by Type (2020 and 2028)
Figure 49. Middle East and Africa: Raw Tobacco Leaves Market Revenue Share, by Application (2020 and 2028)
Figure 50. Middle East and Africa: Raw Tobacco Leaves Market Revenue Share, by Key Country (2020 and 2028)
Figure 51. Saudi Arabia: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 52. UAE: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 53. South Africa: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 54. Rest of the Middle East and Africa: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 55. South and Central America: Raw Tobacco Leaves Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. South and Central America: Raw Tobacco Leaves Market Revenue Share, by Type (2020 and 2028)
Figure 57. South and Central America: Raw Tobacco Leaves Market Revenue Share, by Application (2020 and 2028)
Figure 58. South and Central America: Raw Tobacco Leaves Market Revenue Share, by Key Country (2020 and 2028)
Figure 59. Brazil: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 60. Argentina: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 61. Rest of South and Central America: Raw Tobacco Leaves Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 62. Impact of COVID-19 Pandemic Raw Tobacco Leaves Market in North American Countries
Figure 63. Impact of COVID-19 Pandemic on Raw Tobacco Leaves Market in European Countries
Figure 64. Impact of COVID-19 Pandemic on Raw Tobacco Leaves Market in Asia-Pacific
Figure 65. Impact of COVID-19 Pandemic on Raw Tobacco Leaves Market in the Middle East and Africa
Figure 66. Impact of COVID-19 Pandemic on Raw Tobacco Leaves Market in South and Central America
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.