Raw Tobacco Leaves Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Leaf Type (Virginia, Oriental, and Others) and Application (Smoking Tobacco, Moist and Dry Snuff, and Others)

The scope of the publisher's recent study on the “Raw Tobacco Leaves Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Leaf Type (Virginia, Oriental, and Others) and Application (Smoking Tobacco, Moist and Dry Snuff, and Others)” includes the analysis of factors driving the market growth, estimation and forecast of revenues, market share analysis, and identification of significant market players and their key developments.



The raw tobacco leaves market is projected to reach US$ 34,436.28 million by 2028 from US$ 31,045.19 million in 2021; 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. Dried raw tobacco leaves are commonly utilized in various products such as cigarettes, shisha, pipes, and cigars. To make tobacco leaves consumable, tobacco product manufacturers add various flavorings and chemicals to them.

Based on leaf type, the raw tobacco leaves market is segmented into leaves and leaf powder, oils, seeds, and others. In 2020, the virginia segment accounted for the largest market share. 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..

The raw tobacco leaves market is segmented into five main regions-North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). Asia Pacific is anticipated to hold the largest share of the market in 2021 due to, 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.

Impact of the COVID-19 Pandemic on the Raw Tobacco Leaves Market

The COVID-19 outbreak has badly affected several businesses across the world. The pandemic has had the most influence on the production and logistics 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.

Overview of the Raw Tobacco Leaves Market

Based on leaf type, the global raw tobacco leaves market is segmented into virginia, oriental, and others. Based on application, the market is segmented into smoking tobacco, moist and dry snuff, and others. Based on geography, the market is segmented into North America, Europe, Asia Pacific, South and Central America, and Middle East and Africa. By country, North America is further segmented into the US, Canada, and Mexico. Based on country, Europe is further segmented into Germany, France, Italy, the UK, Russia, and Rest of Europe. Based on country, Asia Pacific is further segmented into China, India, Japan, and Rest of APAC. By country, Middle East and Africa is further segmented into Saudi Arabia, the UAE, and Rest of MEA. Based on country, South America is further segmented into Brazil, Argentina, and Rest of SAM.


Reasons to Buy

• Highlights key business priorities to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the global raw tobacco leaves market, thereby allowing players to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.