U.S. Nicotine Pouches Market Size & Outlook, 2023-2030
U.S. nicotine pouches market, 2018-2030 (US$M)
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U.S. nicotine pouches market highlights
- The U.S. nicotine pouches market generated a revenue of USD 2,395.2 million in 2023 and is expected to reach USD 17,408.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 32.8% 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 2,395.2 million |
| Market revenue in 2030 | USD 17,408.3 million |
| Growth rate | 32.8% (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, U.S. accounted for 79.8% 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 North America, U.S. nicotine pouches market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 153.0 million by 2030.
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Nicotine Pouches Market Scope
Nicotine Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 96.2% in 2023. Horizon Databook has segmented the U.S. nicotine pouches market based on tobacco derived, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
The market for nicotine pouches in the U.S. is expected to witness significant growth over the forecast period owing to the presence of large-scale companies including Altria Group, Inc., Reynolds American Inc., and Imperial Brands Plc, and their extensive strategic initiatives like product launches and innovation.
Furthermore, the introduction of various flavors to mask the harsh taste of tobacco is fueling the demand for these innovative products among young consumers. According to the Centers for Disease Control and Prevention (CDC), in 2022, approximately 3.08 million U.S. middle and high school students, constituting 11.3% of the population, reported current use of a tobacco product.
Among these, 2.55 million students reported using e-cigarettes, while 280,000 reported using nicotine pouches. The CDC's findings also revealed disparities in tobacco product use, with higher rates observed among non-Hispanic American Indian/Alaska Native students, those with lower academic performance, and LGBTQ+ youth.
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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 U.S. nicotine pouches market , including forecasts for subscribers. This country databook contains high-level insights into U.S. nicotine pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. nicotine pouches market size, by product, 2018-2030 (US$M)
U.S. Nicotine Pouches Market Outlook Share, 2023 & 2030 (US$M)
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