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Showing posts with the label MEA Smokeless Tobacco Market Revenue

Impact of COVID-19 Outbreak on MEA Smokeless Tobacco Market Revenue Analysis, Trends and Opportunities 2020 - 2027

  Market Overview: One of the oldest forms of tobacco in the world, smokeless tobacco, is effectively known to deliver nicotine without combustion. It is also widely considered to be less harmful than regular tobacco. Due to the presence of many forms of smokeless tobacco according to user preferences globally, the market for smokeless tobacco has grown significantly. There has also been a momentous surge in the number of tobacco users worldwide thereby increasing the market share considerably. The MEA Smokeless Tobacco Market Revenue is anticipated to touch USD 1365.9 million by the end of 2023 while developing at a CAGR of 3.80 percent approximately during the forecast period. The preceding decade has witnessed an escalation in the level of investment in smokeless tobacco from the huge cigarette firms. However, the mounting regulatory pressure against them and cigarettes, chiefly in the form of public smoking bans, has limited the companies interest, causing them to refrain their bus