Middle East & Africa Snus Market Size & Outlook, 2023-2030
Middle East & Africa snus market, 2018-2030 (US$M)
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MEA snus market highlights
- The MEA snus market generated a revenue of USD 75.3 million in 2023.
- The market is expected to grow at a CAGR of 7.1% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 75.3 million |
| Market revenue in 2030 | USD 121.4 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Portion |
| Fastest growing segment | Portion |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 2.5% of the global snus market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 121.4 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Snus Market Scope
Snus Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 82.6% in 2023. Horizon Databook has segmented the Middle East & Africa snus market based on loose, portion covering the revenue growth of each sub-segment from 2018 to 2030.
Source: TTI, Tobacco Atlas, CDC, WHO, A Smoke-free World, Company Annual Report, Primary Interviews, Grand View Research The snus market in the Middle East and Africa is being driven by several factors, such as changing consumer preferences, strong cultural influences, and evolving economic dynamics in the region.
A significant factor contributing to the growth of the regional snus market is increasing consumer awareness of the harmful effects of smoking traditional cigarettes. As health consciousness rises in this region, more consumers are seeking alternative tobacco products.
Moreover, cultural and social factors play a crucial role in the popularity of snus in the Middle East and Africa. Snus offers a modern alternative that aligns with these customs while providing a cleaner and more discreet experience.
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Target buyers of Middle East & Africa 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa snus market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa snus market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA snus market size, by country, 2018-2030 (US$M)
Middle East & Africa Snus Market Outlook Share, 2023 & 2030 (US$M)
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