SEARCH   
MEMBER LOGIN    

Tobacco Growing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Tobacco Growing Market Research Report | NAICS 11191 | Apr 2013

Lighting up: While the number of US smokers is falling, farmers will reap the benefits of exports

IBISWorld’s Tobacco Growing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 08-13
-3.4%
Annual Growth 13-18
Add to Cart
Profit
Add to Cart
Employment
15,032
Businesses
5,530
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 Investment Chapter

Along with the rest of the farming sector, tobacco growers have increasingly invested in machinery. Many smaller farmers have exited the Tobacco Growing industry since its deregulation in 2005. Existing large operators have purchased harvesters and automatic transplanters to cut labor costs and produce at lower per-unit costs. Currently, IBISWorld estimates that for every dollar spent on labor, $0.44 is spent on capital equipment. This capital-to-labor ratio has decreased over the past five years because, while tobacco farmers use machinery heavily, they have been using and maintaining current machines rather than investing in new equipment.

Capital intensity does not capture the unpaid labor on tobacco farms... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

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.

Industry Products
Flue-cured tobaccoBurley tobaccoOther air-cured tobaccoCigar tobaccoFire-cured tobacco
 
Industry Activities
Flue-cured leaf tobacco growingBurley leaf tobacco growingMaryland leaf tobacco growing


View Sample
Quote
Select Clients