Rise in HQ (Health Quotient) to Drive the Organic Tobacco Market
As per a report published on XploreMR, the global organic tobacco market is expected to witness substantiation in the years to come. Tobacco is looked upon as one of the best alternatives to age-old cigarettes and cigars due to low content of sugar and nicotine. Also, the people driving anti-tobacco movement (anti-tobacco activists) are claiming time and again that organic cigarettes, if consumed moderately, are bound to drive away smoking.
Heavy as well as occasional smokers are being repeatedly educated regarding the benefits of consuming organic tobacco to get rid of smoking. This trend is expected to create a major overhaul in the organic tobacco market. Organic tobacco is also devoid of pesticides, bleach, and ammonia. This is another factor prompting the rehabilitation centres to ask addicts to go for organic tobacco.
Tobacco farmers, over the last few years, are increasing the spending on adoption of organic farming methods to bolster crop yield in comparison with traditional cultivation technologies. Furthermore, the USDA has given a green signal to usage of organic tobacco for non-smoking and smoking applications.
XploreMR analysts have considered land under cultivation vs. land under organic across seven regions to get an overview of the global organic tobacco market in the recently published report titled “Organic Tobacco Market: Global Industry Analysis and Opportunity Assessment, 2016-2026” that forecasts the global organic tobacco market for a period of 10 years. The numbers we have mentioned in the report represent consumption of organic tobacco by value (US$ Mn) and volume (tonnes), while the market values have been derived by studying the pricing captured at the manufacturer level and the price at which smoking and smokeless tobacco producers purchase from crop producers.
Market size estimation in this report is carried out through multiple top-down and bottom-up approaches. Our expert analysts have collected the numbers from relevant secondary sources available in the public domain and in paid databases. The projections have been made with regard to primary inputs, industry trends, macroeconomic factors and market feedback collected from market participants such as manufacturers and industry experts operating in the global organic tobacco market.
While researching this report, we have triangulated the data on the basis of different segments, considering both supply side and demand side drivers and other dynamics of the various regional organic tobacco markets. The forecast presented in the report evaluates the actual consumption of organic tobacco and expected consumption in the global organic tobacco market over the projected period. For data analysis, 2015 is considered as the base year, with market numbers estimated for 2016 and forecast made for the period 2016-2026.
Organic Tobacco Market: Roll-Your-Own Tobacco Segment Anticipated to Register Significant CAGR over the Forecast Period: Global Industry Analysis and Opportunity Assessment, 2016-2026Buy Now
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