Canada Snus Market Size & Outlook, 2023-2030
Canada snus market, 2018-2030 (US$M)
Related Markets
Canada snus market highlights
- The Canada snus market generated a revenue of USD 8.6 million in 2023 and is expected to reach USD 29.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 19.3% 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 8.6 million |
| Market revenue in 2030 | USD 29.5 million |
| Growth rate | 19.3% (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, Canada accounted for 0.3% of the global snus market in 2023.
- Country-wise, Sweden is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. snus 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 9.9 million by 2030.
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Snus Market Scope
Snus Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 83.72% in 2023. Horizon Databook has segmented the Canada snus market based on loose, portion covering the revenue growth of each sub-segment from 2018 to 2030.
According to Swedish Tobacco Trademark, snus has gained popularity in Canada due to its discreet and smoke-free nature, offering a rewarding nicotine experience. Various formats and nicotine concentrations are available, meeting Canadian regulations by being free from menthol and clove.
Although Canadian regulations allow the purchase and use of snus, there are restrictions on taxes and certain flavors, such as menthol and clove. The taxation landscape for oral tobacco products across Canadian provinces and territories exhibits a significant variation in tax rates.
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Our clientele includes a mix of snus 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 Canada snus market , including forecasts for subscribers. This country databook contains high-level insights into Canada snus market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada snus market size, by product, 2018-2030 (US$M)
Canada Snus Market Outlook Share, 2023 & 2030 (US$M)
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