Lighting up: While the number of US smokers is falling, farmers will reap the benefits of exports
IBISWorld’s Tobacco Growing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.
Industry Statistics & Market Size
Annual Growth 08-13
Annual Growth 13-18
Industry Analysis & Industry Trends
Though government regulations are increasingly discouraging smoking, the industry is heading into a growth phase, with exports on the rise. Higher cigarette consumption rates and fewer tobacco product regulations in major export markets such as China will drive demand. Furthermore, US prices of tobacco leaf will remain competitive, supporting growth in the industry. Farmers will look to new opportunities for demand, such as using tobacco for ethanol and biodiesel... purchase to read more
Industry Report - Industry Products Chapter
The majority of leaf tobacco product is designed for use in cigarette production. The main types of tobacco used for this purpose are flue-cured and burley leaf. These varieties are used predominantly because cigarette manufacturers consider them to be an appropriate mix of quality and price.
Flue-cured tobacco is derived from tobacco leaves that have been dried through a flue (a narrow passageway) that transmits heat to the plant without exposing it to any smoke. It is most commonly used in cigarette production because it costs less per pound than other varieties. IBISWorld estimates that flue-cured tobacco accounts for about 49.5% of industry revenue... purchase to read more
What is the Tobacco Growing Industry?
Farms in this industry grow tobacco leaf. Tobacco farmers purchase inputs, such as fertilizers, agricultural chemicals, pesticides, plant seeds, plant bulbs and curing fuel, from farm supply and other wholesaling industries. The tobacco leaf is exported or sold to domestic tobacco product manufacturers.
Flue-cured tobaccoBurley tobaccoOther air-cured tobaccoCigar tobaccoFire-cured tobacco
Flue-cured leaf tobacco growingBurley leaf tobacco growingMaryland leaf tobacco growing