Tobacco

Smokeless Tobacco Growing 2%-3% per Year

Report shows consumers open to smoking alternatives
HONG KONG -- The smokeless-tobacco market has been expanding at a rate of approximately 2-3% per year since 2003, according to a recent report, while the cigarette market has been contracting over the same period. Investors from around the world are invited to view fundamental and technical analysis at www.WorldStreetFundamentals.com/Reports.php.

The report, from World Street Fundamentals, Hong Kong, notes that recently, there has been increased competition between the smoked and smokeless tobacco [image-nocss] markets as companies have begun to market smokeless tobacco as an alternative to cigarettes in situations where adult tobacco users cannot or choose not to smoke. Changing consumer mindsets, government regulation and taxation will continue to be an ever-present influence on tobacco sales, resulting in widespread shifts within the marketplace, the report says.

World Street Fundamentals has highlighted Reynolds American for its two business segments: RJR Tobacco and Conwood. RJR Tobacco's cigarette brands include Camel, Pall Mall, Winston, Kool, Doral, Salem, Misty and Capri. Conwood's primary products include its moist snuff brands, Grizzly and Kodiak. The company sells its products primarily through distributors, wholesalers and other direct customers, some of which are retail chains. Click here to read the report on Reynolds American Inc.

World Street has recognized Star Scientific Inc. for its proprietary technology for producing low-TSNA tobacco that is utilized in its dissolvable smokeless products: Ariva and Stonewall Hard Snuff. The company maintains a long-term focus on the research, development, manufacturing and licensing of technology that can lessen reliance on and the impact of the use of all forms of tobacco and reduce the range of serious health hazards associated with the use of smoked and smokeless tobacco, according to the report. Click here to read the report on Star Scientific Inc.

World Street Fundamentals is an online portal for professionals, investors and new-comers to the markets to find in depth comprehensive research and research tools to help guide you through the ever changing financial markets around the world. The outlet covers the top performers in the hottest sectors and provides clarity to investors around the world.

Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Foodservice

Opportunities Abound With Limited-Time Offers

For success, complement existing menu offerings, consider product availability and trends, and more, experts say

Snacks & Candy

How Convenience Stores Can Improve Meat Snack, Jerky Sales

Innovation, creative retailers help spark growth in the snack segment

Technology/Services

C-Stores Headed in the Right Direction With Rewards Programs

Convenience operators are working to catch up to the success of loyalty programs in other industries

Trending

More from our partners