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 09-14
Annual Growth 14-19
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 Locations Chapter
Tobacco is a versatile and resilient crop. It can be grown in a wide range of soil and climate conditions. Tobacco farms can be found in 16 states across the United States and 120 countries around the world. The Southeast region is the major tobacco producing are in the United States. It accounts for about 96.0% of the country's unprocessed production value and volumes, based on US Department of Agriculture data. Prior to 2005, greater price support was given to farmers in the Southeast. However, in 2005, the price support was abolished. North Carolina and Kentucky are the dominant states, although tobacco is grown in over six of the 12 states within the Southeast region... 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.
Air-cured darkAir-cured lightCigarFire-curedFlue-curedOther tobacco products
Flue-cured leaf tobacco growingFire-cured leaf tobacco growingCigar leaf growingAir-cured light leaf tobacco growingAir-cured dark leaf tobacco growingOther tobacco products growing