Tobacco industry in India to reach USD 27.1 B by 2024

reogma|Tobacco industry in India to reach USD 27.1 B by 2024

Indian Tobacco Industry is expected to grow at the CAGR of 6.6% within the forecasted time period of 2019-2024 to reach USD 27.1 billion by 2024. Its market size was valued at USD 18.7 billion in 2018.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Drivers
  • Market Restraints
  • Pricing Trends
  • Regulatory Trends
  • Market Size and Forecast
  • Market Outlook
  • Distribution Chain Analysis
  • Competitive Landscape
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

Tobacco are the substances that are prepared from the dried leaves of plants with Nicotiana genus and nightshade family. It is the product containing the processed leaves of the tobacco plant. It has more than 70 species of plants, which contain the stimulants alkaloid, harmala alkaloids, and nicotine.

In India, it is one of the important crop grown commercially. Some of the highly consumed tobacco brands are Insignia, Capstan, Berkeley, Bristol, Gold flake, etc. Usually, they are exported to almost 100 countries worldwide. In the context of India, almost 11% of tobacco users are consuming Khaini, 8% of them use beedi and cigarette. 


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Indian Tobacco Industry is expected to grow at the CAGR of 6.6% within the forecasted time period of 2019-2024 to reach USD 27.1 billion by 2024. Its market size was valued at USD 18.7 billion in 2018. Definition / Scope Market Overview Market Risks Top Market Opportunities Market Drivers Market […]
reogma|Tobacco industry in India to reach USD 27.1 B by 2024reogma|Tobacco industry in India to reach USD 27.1 B by 2024

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