Saudi Arabia Nicotine Pouches Market Size & Outlook
Saudi Arabia nicotine pouches market, 2018-2030 (US$M)
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Saudi Arabia nicotine pouches market highlights
- The Saudi Arabia nicotine pouches market generated a revenue of USD 4.2 million in 2023 and is expected to reach USD 69.4 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 49.3% from 2024 to 2030.
- In terms of segment, tobacco derived was the largest revenue generating product in 2023.
- Synthetic is the most lucrative product segment registering the fastest growth during the forecast period.
Nicotine pouches market data book summary
| Market revenue in 2023 | USD 4.2 million |
| Market revenue in 2030 | USD 69.4 million |
| Growth rate | 49.3% (CAGR from 2023 to 2030) |
| Largest segment | Tobacco derived |
| Fastest growing segment | Synthetic |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 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 |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.1% of the global nicotine pouches market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia nicotine pouches market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 69.4 million by 2030.
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Nicotine Pouches Market Scope
Nicotine Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia nicotine pouches market outlook
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 97.62% in 2023. Horizon Databook has segmented the Saudi Arabia nicotine pouches market based on tobacco derived, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia, with a population of more than 34 million, has been taking several steps to curb tobacco consumption in the country. Retail sales of electronic cigarettes are permitted. The use of e-cigarettes is prohibited where smoking is prohibited. There are no restrictions on advertising, promotion, and sponsorship of e-cigarettes.
Health warnings are required on the front and back, covering 65% of the package surface. The nicotine content of e-cigarettes and refills must not exceed 20 mg/ml. The law prohibits certain ingredients, including, but not limited to, certain flavors, vitamins, and other ingredients that give the appearance of health benefits, caffeine, additives that have coloring agents, and additives that promote toxicity.
The tobacco-free pouches are available in many flavors by key brands in the country and are easily available in the market. For instance, in a report published by Tobacco Tactics, in 2020, during the COVID-19 pandemic, British American Tobacco reported that the volume of its sales of cigarettes and other conventional tobacco products grew in Brazil, Bangladesh, and Turkey.
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Our clientele includes a mix of nicotine pouches market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia nicotine pouches market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia nicotine pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia nicotine pouches market size, by product, 2018-2030 (US$M)
Saudi Arabia Nicotine Pouches Market Outlook Share, 2023 & 2030 (US$M)
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