Brazil Snus Market Size & Outlook, 2023-2030
Brazil snus market, 2018-2030 (US$M)
Related Markets
Brazil snus market highlights
- The Brazil snus market generated a revenue of USD 21.8 million in 2023 and is expected to reach USD 35.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, portion was the largest revenue generating product in 2023.
- Portion is the most lucrative product segment registering the fastest growth during the forecast period.
Snus market data book summary
| Market revenue in 2023 | USD 21.8 million |
| Market revenue in 2030 | USD 35.8 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Portion |
| Fastest growing segment | Portion |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Loose, Portion |
| Key market players worldwide | Altria Group Inc, Swedish Match, British American Tobacco, GN Tobacco, snuscentral, Skruf Snus |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.7% of the global snus market in 2023.
- Country-wise, Sweden is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil snus market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 9.2 million by 2030.
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Snus Market Scope
Snus Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil snus 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 snus market will help companies and investors design strategic landscapes.
Portion was the largest segment with a revenue share of 82.57% in 2023. Horizon Databook has segmented the Brazil snus market based on loose, portion covering the revenue growth of each sub-segment from 2018 to 2030.
The convenience and discretion offered by snus are appealing to consumers in Brazil. Unlike traditional cigarettes, snus can be used discreetly without producing smoke or odor, making it suitable for various social and public settings where smoking may be restricted.
This aspect has contributed to the growing acceptance and adoption of snus among both existing tobacco users looking to switch to a less harmful alternative and new consumers curious about nicotine products.
Additionally, the regulatory environment surrounding tobacco products in Brazil also plays a role in driving the snus market. While smoking rates have declined globally, governments have implemented stricter regulations on traditional tobacco products, including higher taxes, public smoking bans, and graphic health warnings on packaging.
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Target buyers of Brazil snus market databook
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Our clientele includes a mix of snus market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil snus market , including forecasts for subscribers. This country databook contains high-level insights into Brazil snus market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil snus market size, by product, 2018-2030 (US$M)
Brazil Snus Market Outlook Share, 2023 & 2030 (US$M)
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