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 2016

Lighting up: Though the number of smokers is falling, electric cigarette popularity will draw new revenue channels

The Tobacco Growing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

The 2005 deregulation of the Tobacco Growing industry continues to linger over tobacco farmers. The removal of federal production quotas and price supports initiated an exodus; about one-third of tobacco farmers left the industry. Without government support, small and otherwise unprofitable farmers switched crops or were bought out by larger growers, decreasing the number of industry operators. Nevertheless, the industry has experienced volatility over the past five years stemming from fluctuating weather conditions. Over the coming five years, industry farms will continue to replace falling domestic demand with exports to emerging markets where tobacco consumption is actually on the rise... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Tobacco Growing industry is in the mature stage of its life cycle. Over the 10-year period to 2021, IBISWorld projects that the industry's value added (IVA), or its contribution to the overall economy, will grow at an annualized rate of 7.4%. This is faster with projected US GDP growth of 2.2% per year on average during the same period.

While consolidation has occurred and is expected to continue, revenue per establishment and industry profit margins have grown over the past 10 years. The strong players have survived and thrived within the industry. Following the end of government support in 2005, revenue per establishment is projected to dramatically increase from $159,278 in 2011 to $371,565 by 2021... 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
Air-cured darkAir-cured lightCigarFire-curedFlue-curedOther tobacco products
Industry Activities
Flue-cured leaf tobacco growingFire-cured leaf tobacco growingCigar leaf growingAir-cured light leaf tobacco growingAir-cured dark leaf tobacco growingOther tobacco products growing

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