Market revenue in 2024 | USD 22.8 million |
Market revenue in 2030 | USD 153.0 million |
Growth rate | 37.4% (CAGR from 2024 to 2030) |
Largest segment | Tobacco derived |
Fastest growing segment | Synthetic |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Tobacco derived, Synthetic |
Key market players worldwide | Swedish Match, Altria Group Inc, British American Tobacco, Japan Tobacco Inc, Philip Morris International Inc, Skruf Snus |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nicotine pouches market will help companies and investors design strategic landscapes.
Tobacco derived was the largest segment with a revenue share of 99.12% in 2024. Horizon Databook has segmented the Mexico nicotine pouches market based on tobacco derived, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
In 2022, According to Tobacco Tactics the prevalence of current smoking among adults in Mexico was approximately 19%, with a significant difference between males and females. Nearly 30% of men reported current smoking compared to around 9% of women.
The prevalence of current smoking among Mexican youth aged 10 to 19 was less than 5%, with 7.5% of males in this age range smoking compared to less than 2% of females. The nicotine pouches market is experiencing substantial growth in Mexico, driven by increasing awareness of smoking alternatives and the availability of diverse flavor options and customization features.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico nicotine pouches market , including forecasts for subscribers. This country databook contains high-level insights into Mexico nicotine pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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