About Tobacco Market
Tobacco is produced by curing the leaves of Nicotiana tabacum, an annually grown herbaceous plant. Tobacco curing is an important process and is done after harvesting as the leaves are considered too wet to be consumed in their raw and fresh form. The spend momentum of this market will be attributed to the increase in the premiumization of cigars following the popularity and the consumption of cigars will contribute to the market’s spend growth.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Tobacco Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Tobacco Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category management strategy
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Tobacco is produced by curing the leaves of Nicotiana tabacum, an annually grown herbaceous plant. Tobacco curing is an important process and is done after harvesting as the leaves are considered too wet to be consumed in their raw and fresh form. The spend momentum of this market will be attributed to the increase in the premiumization of cigars following the popularity and the consumption of cigars will contribute to the market’s spend growth.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Tobacco Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Tobacco Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- Increase in M&A activities
Category management strategy
- Buyers should ensure that suppliers inform about any actual or anticipated failure that may contribute to a shipping delay
Procurement best practices
- Adherence to effective curing and barn management
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: MARKET INSIGHTS
PART 03: CATEGORY PRICING INSIGHTS
PART 04: COST-SAVING OPPORTUNITIES
PART 05: BEST PRACTICES
PART 06: CATEGORY ECOSYSTEM
PART 07: CATEGORY MANAGEMENT STRATEGY
PART 08: CATEGORY MANAGEMENT ENABLERS
PART 09: SUPPLIERS SELECTION
PART 10: SUPPLIERS UNDER COVERAGE
PART 11: US MARKET INSIGHTS
PART 12: CATEGORY DEFINITION
PART 13: APPENDIX
Executive Summary
The following companies as the key suppliers in the Global Tobacco Category - Procurement Market Intelligence Report: China National Tobacco Corp, British American Tobacco Plc, Philip Morris International Inc, Altria Group Inc, Japan Tobacco Inc, Imperial Brands Plc.Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to engage with suppliers who meet the stipulated labor practices and policies.”
According to the report, one of the key growth contributors for the global tobacco market is the increase in the premiumization of cigars.
Further, the report states that one of the key category management strategies for the buyers in the global tobacco market is to engage with suppliers who are proactive in the restocking units of tobacco products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- China National Tobacco Corp
- British American Tobacco Plc
- Philip Morris International Inc
- Altria Group Inc
- Japan Tobacco Inc
- Imperial Brands Plc.
Methodology
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