United States Tobacco Market, by Product, by Distribution Channel, by Region, by Top 10 Major States, Competition, Forecast and Opportunity, 2026

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United States Tobacco Market, by Product (Cigarettes, Cigars, Smoking Tobacco, Smokeless Tobacco), by Distribution Channel (Tobacconists, Convenience Stores, Supermarkets & Hypermarkets, Online Stores, Others (Department Stores, Counters, etc)

New York, Jan. 31, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “United States Tobacco Market, By Product, By Distribution Channel, By Region, By Top 10 Leading States, Competition, Forecast & Opportunities, 2026 “- https://www.reportlinker.com/p06223768/?utm_source=GNW
)), By Region, By Top 10 Major States, Competition, Forecast & Opportunity, 2026

The tobacco market in the United States was valued at USD 90.27 billion in 2020 and is expected to grow with a CAGR of 4.47% over the forecast years, 2022-2026, to reach a market value of 115.57 billion USD by 2026F. The growth of the market can be attributed to the increase in tobacco consumers. The increase in the cultivation of tobacco for consumption as well as for export is increasing and further driving the growth of the tobacco market in the United States over the next five years. The tobacco industry in the United States includes companies that grow, sell, and distribute tobacco and related products in every state. The taste and preferences of consumers are mainly covered by the variety of products offered by tobacco companies at several price levels. Product evolution, new launches by existing market players and new market players flooding the market with recent launches like clove cigarettes, menthol cigars, etc., are some of the major factors supporting the growth of the United States tobacco market over the next five years. year. Additionally, as customers have become more open to alternatives to smoking in recent years, the introduction of innovative tobacco products in a variety of flavors has become critical. As a result, tobacco manufacturers began to focus on premium products made from flue-cured tobacco and thin, whole leaf.
The tobacco market in the United States is segmented by product, distribution channel, top 10 major states, regional analysis and competitive landscape. On the basis of product, the market is further divided into cigarettes, cigars, smoking tobacco, and smokeless tobacco.

Cigarettes are expected to dominate the market segment and hold the largest market revenue shares, around 38.54% in the forecast year by 2026. The growth of the market segment can be attributed to the growing number of cigarette smokers in the country. Social trends and influential media strongly influence the younger population; thus, the consumption has been increasing in recent years and is expected to grow steadily in the future, thus driving the growth of the tobacco sub-segment and market in the United States over the next five years.
Based on distribution channels, the market is fragmented into tobacco shops, convenience stores, supermarkets & hypermarkets, online stores, and others. Tobacco shops are expected to hold the largest market revenue shares and dominate the market segment over the next five years. given the growing demand for tobacco products.

The online sub-segment is expected to register the fastest growing CAGR value over the next five years, as it is more convenient and offers a wider selection of products to customers within a shorter time frame.
Some of the major companies operating in the market are Philip Morris USA, Inc. (Altria Group, Inc.), Reynolds American Inc., ITG Brands, LLC, Liggett Vector Brands LLC, Swedish Match USA, Inc, Scandinavian Tobacco Group US Holding. , Inc, UNIVERSAL CORPORATION, TURNING POINT BRANDS, INC., Brown & Williamson Tobacco Corporation and Mafco Consolidated Group Inc.

Years considered for this report:

• Historical years: 2016-2019
• Base year: 2020
• Estimated year: 2021
• Forecast period: 2022-2026

Goal of the study:

• To analyze the historical growth of the market size of the tobacco market in the United States from 2016 to 2020.
• Estimate and forecast the market size of United States Tobacco Market from 2021 to 2026 and growth rate till 2026.
• To classify and forecast the tobacco market in the United States based on product, distribution channel, region, top 10 states and company.
• Identify the dominant region or state in the tobacco market in the United States.
• Identify drivers and challenges for the tobacco market in the United States.
• To review competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the United States tobacco market.
• To identify and analyze the profile of the main players operating in the tobacco market in the United States.
• Identify the main sustainable strategies adopted by players in the tobacco market in the United States.
The analyst conducted extensive primary and secondary research for this study. Initially, the analyst sourced a list of manufacturers across the country.

Subsequently, the analyst conducted primary research surveys with the identified companies. During the interviews, the respondents were also asked about their competitors.

Using this technique, the analyst could include manufacturers that could not be identified due to secondary research limitations. The analyst has looked at the manufacturers and the presence of all major players across the country.

The analyst calculated the size of the tobacco market in the United States using a bottom-up approach, in which the data of the different segments was recorded and forecasted for the coming years. The analyst obtained these values ​​from industry experts and company representatives and validated them externally by analyzing historical data for these segments to derive an appropriate overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key target audience:

• Manufacturers and distributors
• Market research and consulting firms
• Government bodies such as regulators and policy makers
• Organizations, forums and alliances related to the tobacco market

The study is helpful in providing answers to several critical questions that are important for industry stakeholders such as manufacturers, distributors, etc., besides enabling them to strategize investment and capitalize on market opportunities.

Report Scope:

In this report, the tobacco market in the United States has been segmented into the following categories, in addition to industry trends which have also been detailed below:

• Tobacco market in the United States, by product:
oCigarettes
o Cigar
o Smoking tobacco
o Smokeless tobacco
• Tobacco market in the United States, by distribution channel:
o Tobacco shops
o Convenience stores
o Supermarket and Hypermarkets
o Online shops
o Others
• Tobacco market in the United States, by region:
o South
o West
o Mid-West
o North-East
• Tobacco market in the United States, by the 10 main States:
o California
or Texas
o Florida
At New York
Ohio
o Pennsylvania
Illinois
o North Carolina
o Michigan
o Georgia

Competitive landscape

Company Profiles: Detailed analysis of the main companies present in the tobacco market in the United States.

Customizations available:

With the market data provided, we offer customizations based on a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of other market players (up to five).
Read the full report: https://www.reportlinker.com/p06223768/?utm_source=GNW

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