Industry Analysis & Industry Trends
Tobacco is grown in over 125 countries around the world on over 4.0 million hectares of land, a quarter of which are in China. The global tobacco crop is worth approximately $20.0 billion, a small fraction of the total amount generated from the sale of manufactured tobacco products around the world.
Tobacco is grown on less than 1.0% of the world's agricultural land and in a wide variety of soils and climates. Since the 1960s, the bulk of production has moved from the Americas to Africa and Asia. Land devoted to tobacco growing has been halved in the United States, Canada and Mexico, but has almost doubled in China, Malawi and Tanzania.
Tobacco leaf production in China is set to total 3.0 million tons in 2016, with flue-cured tobacco leaves accounting for 90.0% of the total.... purchase to read more
Industry Report - Starting a New Business Chapter
The Tobacco Growing industry in China is influenced by the monopolistic behavior of the government as the sole buyer of the industry's product. Local governments control the whole process of tobacco leaf growing, such as deciding the planted areas of tobacco and which rural households can plant the tobacco. In order to operate as a tobacco leaf grower, farmers must obtain authorization from the local government.
Access to suitable land resources raises the barriers to entry into this industry. The soil quality and climate of South China is more suitable for tobacco growing compared with other regions. Currently, the planted areas of South China account for about 80.0% of total planted areas, while North China only makes up 6.0% of total planted areas... purchase to read more