Industry Analysis & Industry Trends
Tobacco is grown in over 125 countries around the world on over four 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 one percent 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 2014, with flue-cured tobacco leaves accounting for about 91.3%.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Tobacco Growing industry in China has an extremely low concentration level, as there are an estimated 2.6 million agricultural households in 2014, none of which have any significant market power. This is because the Chinese government fully controls the industry. The government implements its policies and plans for tobacco growing each year depending on the consumption of cigarettes in the previous year.
Despite the development of the industry and the falling number of tobacco-growing farms in China, ACMR-IBISWorld forecasts that industry concentration will remain unchanged... purchase to read more