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
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