U.S. Snus Market Size & Outlook, 2023-2030
U.S. snus market, 2018-2030 (US$M)
Related Markets
U.S. snus market highlights
- The U.S. snus market generated a revenue of USD 719.0 million in 2023 and is expected to reach USD 1,064.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.8% 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 719.0 million |
| Market revenue in 2030 | USD 1,064.0 million |
| Growth rate | 5.8% (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, U.S. accounted for 23.9% 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 |
|---|
U.S. 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 82.63% in 2023. Horizon Databook has segmented the U.S. snus market based on loose, portion covering the revenue growth of each sub-segment from 2018 to 2030.
The availability and marketing of snus products have played a significant role in driving the market. Major tobacco companies have invested heavily in marketing and distributing snus products, capitalizing on their appeal to adult tobacco users.
Aggressive advertising campaigns, coupled with innovative product formulations and packaging, have helped expand the reach of snus and attract new consumers.
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Target buyers of U.S. 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. snus market , including forecasts for subscribers. This country databook contains high-level insights into U.S. snus market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. snus market size, by product, 2018-2030 (US$M)
U.S. Snus Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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