Hot Tobacco Global Market Report 2023 – By Product (HNB Tobacco Devices, Direct/Indirect Heating HnB Tobacco, Infused/Hybrid HnB Tobacco Devices, HnB Tobacco Consumables, HnB Tobacco Sticks, HnB Tobacco Capsules and Cartridges), By Type (Devices, Capsules, Vaporizers), By Distribution Channel (Retail Stores, Online) – Market Size, Trends, And Global Forecast 2023-2032

Tobacco products are derived from the leaves of plants in the genus Nicotiana and are inhaled in the form of pipes, cigars, and cigarettes. The main types of tobacco products are cigarettes, cigars, and cigarillos, as well as smoking and other tobacco products. A cigarette is a cylindrical roll of ground tobacco that is wrapped in paper or another substance that does not contain tobacco. The various product types include combustible tobacco and smokeless tobacco and are distributed through various channels such as supermarkets and hypermarkets, convenience stores, e-commerce, and other distribution channels. The global tobacco products market is segmented - 1) By Type: Cigarettes, Cigars And Cigarillos, Smoking And Other Tobacco Products 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By Product Type: Combustible Tobacco, Smokeless Tobacco Subsegments Covered: Cigarettes, Cigars And Cigarillos, Chewing Tobacco , Snuff Tobacco , Other Smokeless Tobacco, Loose Tobacco The global tobacco products market size grew from $253.3 billion in 2022 to $266.93 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global tobacco products market is expected to grow to $316.79 billion in 2027 at a CAGR of 4.4%. The world's population is growing and is expected to reach 10 billion by 2050. An increase in the population creates more demand for food. Trade volumes will have to increase in order to meet the increased population. Therefore, companies in this market are expected to benefit from rising demand for tobacco products due to the rising population during the forecast period. Major companies in the tobacco products market include Imperial brands plc, British American Tobacco, Altria Group Inc., Philip Morris International Inc., Japan Tobacco Inc., Gudang Garam, Sampoerna, ITC Limited, KT&G. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the tobacco products market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the tobacco products market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Cigarette companies are innovating in product designs and offering super slim and ultra-slim cigarettes to appeal to millennials. These super slim cigarettes are about 4.7 mm in diameter and 99 mm in length. New types of cigarettes include long, extra-slim, light-colored with low tar content, and are particularly targeted towards female smokers. Slim and super slim cigarettes are popular, especially in Asia, Africa, and the Middle East, and their use is increasing in leading consumer markets such as Korea, Japan, and Russia. Some of the popular super slim cigarette brands include Davidoff Boudoir (Imperial Tobacco), Winston XS Micro (JTI Ukraine), ESSE (KT&G), Glamour (Gallagher Tobacco Company), and Vogue (British American Tobacco). Asia-Pacific was the largest region in the tobacco products market size in 2022. North America was the second-largest region of the tobacco products market. The regions covered in the global tobacco products market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the tobacco products market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The tobacco products market consists of sales of chewing tobacco, cigar, cigarettes (except electronic), snuff, prepared pipe, and tobacco leaf processing and aging. E-cigarettes are not included in this market. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The tobacco products research report is one of a series of new reports from The Business Research Company that provides tobacco products statistics, including tobacco products industry global market size, regional shares, competitors with tobacco product shares, detailed tobacco product segments, market trends and opportunities, and any further data you may need to thrive in the tobacco products industry. This tobacco products research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The smoking and other tobacco products refer to the products that produce loose tobacco such as chewing tobacco, dissolvable tobacco, which is used in pipes, roll-your-own (ROY) cigarettes, make-your-own (MOY) cigarettes, and other tobacco products. The main types of smoking and other tobacco products are smokeless tobacco and loose tobacco. Any cut, sliced, or granular tobacco sold in packets is considered loose tobacco. It does not include tobacco sticks, cigarettes, cigars, leaf tobacco, tobacco rolls, or any other pre-rolled tobacco product suited for smoking. The different types of products include combustible tobacco and smokeless tobacco and involve various categories such as mass and premium. It is available in various flavors such as flavor, flavored and is distributed through several channels including supermarkets/hypermarkets, convenience stores, e-commerce, Other Distribution Channels. The global smoking and other tobacco products market is segmented - 1) By Type: Other Smokeless Tobacco, Loose Tobacco 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By Flavour: No Flavour, Flavored 4) By Product Type: Combustible Tobacco, Smokeless Tobacco 5) By Category: Mass, Premium The global smoking and other tobacco products market size grew from $26.84 billion in 2022 to $28.23 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global smoking and other tobacco products market is expected to grow to $33.17 billion in 2027 at a CAGR of 4.1%. Changing lifestyles of people, especially in the emerging markets, will propel the smoking and other tobacco products market in the forecast period. For instance, according to the World Health Organization report published in 2021, each year, tobacco destroys more than 8 million individuals. Moreover, 7 million of these deaths are caused by direct tobacco use, whereas 1.2 million are caused by non-smokers inhaling second-hand smoke. Low-and middle-income nations account for more than 80% of the world's 1.3 billion tobacco consumers. In emerging markets, fast-paced lifestyles, an expanding working population, and an increasing preference for smoking boosted the demand for smoking and other tobacco products, which in turn drove the market for smoking and other tobacco products in the forecast period. Major companies in the smoking and other tobacco products market include Philip Morris International Inc., Imperial Tobacco, Altria Group Inc., British American Tobacco, and Japan Tobacco Inc. Rising awareness about smoking and its addictive nature is expected to restrain the smoking and other tobacco product market going forward. Excessive consumption of tobacco in cigarettes may lead to digestive issues such as acidity, rapid heart rate, muscle breakdown, high blood pressure, and anxiety. Increasing awareness of the adverse effects of excessive tobacco consumption, especially among health-conscious millennials, is expected to limit the growth of the smoking and other tobacco products market in the forecast period. Cigarette companies are innovating in product designs and offering super slim and ultra-slim cigarettes to appeal to millennials. These super slim cigarettes are about 4.7 mm in diameter and 99 mm in length. New types of cigarettes include long, extra-slim, light-colored with low tar content, and are particularly targeted towards female smokers. Slim and super slim cigarettes are popular, especially in Asia, Africa, and the Middle East, and their use is increasing in leading consumer markets such as Korea, Japan, and Russia. Some of the popular super slim cigarette brands include Davidoff Boudoir (Imperial Tobacco), Winston XS Micro (JTI Ukraine), ESSE (KT&G), Glamour (Gallagher Tobacco Company), and Vogue (British American Tobacco). Asia-Pacific was the largest region in the smoking and other tobacco products market share in 2022. Western Europe was the second-largest region in the smoking and other tobacco products market. The regions covered in the smoking and other tobacco products market analysis report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smoking and other tobacco products market are Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam. The smoking and other tobacco products market consists of sales of smoking products and cigerattes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smoking and other tobacco products research report is one of a series of new reports from The Business Research Company that provides smoking and other tobacco products statistics, including smoking and other tobacco products industry global market size, regional shares, competitors with smoking and other tobacco products share, detailed smoking and other tobacco products segments, market trends and opportunities, and any further data you may need to thrive in the smoking and other tobacco products industry. This smoking and other tobacco products research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Cigarettes are tube-shaped tobacco products rolled in thin paper for smoking. Cigars are rolled out of dried and fermented tobacco leaves for smoking. Cigarillos are small cigarettes wrapped in tobacco leaves or tobacco-based paper. The main types of cigarettes, cigars, and cigarillos are cigarettes, cigars, and cigarillos. A cigarette is a small cylinder filled with flammable material, usually tobacco, which is rolled into thin paper and smoked. The main types of products include low tar, high tar, and involve various categories such as mass cigar, premium cigar. It is available in various flavors including tobacco/no flavor, flavored, and is distributed through several channels such as supermarkets/hypermarkets, convenience stores, e-commerce, Other Distribution Channels. The global cigarettes, cigars and cigarillos market is segmented - 1) By Type: Cigarettes, Cigars And Cigarillos 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By Flavour: Tobacco/No Flavour, Flavored 4) By Product: Low Tar, High Tar 5) By Category: Mass Cigar, Premium Cigar The global cigarettes, cigars and cigarillos market size grew from $226.46 billion in 2022 to $238.7 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global cigarettes, cigars and cigarillos market is expected to grow to $283.62 billion in 2027 at a CAGR of 4.4%. The world's population is growing and is expected to reach 10 billion by 2050. An increase in population creates more demand for food. Trade volumes will have to increase in order to meet the increased population. Therefore, companies in this market are expected to benefit from rising demand for cigarettes, cigars, and cigarillos manufacturing due to the rising population, during the forecast period. Major companies in the cigarettes, cigars, and cigarillos market include Imperial brands plc, Altria Group Inc., British American Tobacco, Philip Morris International Inc., Gudang Garam, ITC Limited, Sampoerna, Swedish Match AB, Scandinavian Tobacco Group A/S, and Godfrey Phillips India Ltd. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the cigarettes, cigars, and cigarillos manufacturing markets in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the cigarettes, cigars, and cigarillos manufacturing market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Cigarette manufacturing companies are using innovative filter technologies to reduce toxicants in cigarettes and enhance the smoking experience. Advanced filters use a high-tech binder in addition to standard carbon, paper, and glue. They are capable of filtering up to 80% more gas-phase toxicants than mono-acetate filters and carbon-on-tow filters. These filters maximize the surface area of carbon available to smoke without sacrificing product performance. British American Tobacco (BAT) is using Flow Filter technology in its Lucky Strike, Dunhill, Kent, Pall Mall, and Rothmans cigarette brands. Asia-Pacific was the largest region in the cigarettes, cigars, and cigarillos market share in 2022. North America was the second-largest region in the cigarettes, cigars, and cigarillos market. The regions covered in the global cigarettes, cigars and cigarillos market analysis report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cigarettes, cigars, and cigarillos market are Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam. The cigarettes, cigars & cigarillos market consists of sales of flavored cigarettes, cigars & cigarillos, and non-flavored cigarettes, cigars & cigarillos. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The cigarettes, cigars & cigarillos research report is one of a series of new reports from The Business Research Company that provides cigarettes, cigars & cigarillos statistics, including cigarettes, cigars & cigarillos industry global market size, regional shares, competitors with cigarettes, cigars & cigarillos share, detailed cigarettes, cigars & cigarillos segments, market trends and opportunities, and any further data you may need to thrive in the cigarettes, cigars & cigarillos industry. This cigarettes, cigars & cigarillos research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The vaporizer is defined as a device that is used to vaporize plant-based substances such as cannabis, tobacco, or other herbs or blends of essential oil for inhalation. The main types of vaporizers market are e-cigarette vaporizers, marijuana vaporizers, and medical vaporizers. Marijuana vaporizers are devices that heat marijuana (either in dry herb or concentrate form) enough to transmit its active ingredients (THC) without any burning. The distribution channels are online, and retail. The applications are personal use, medical application, and others. The global vaporizers market is segmented – 1) By Type: E-cigarette Vaporizers, Marijuana Vaporizers, Medical Vaporizers 2) By Application: Personal Use, Medical Application, Other Applications 3) By Distribution Channel: Online, Retail The global vaporizers market size grew from $17.15 billion in 2022 to $22.33 billion in 2023 at a compound annual growth rate (CAGR) of 30.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the vaporizers is expected to grow from $55.98 billion in 2027 at a CAGR of 25.8%. Growing advancements in vaporizers are driving the growth of the vaporizers market. Enhanced vaporizers can measure the required amount of anesthetic agents and can self-regulate the supply of anesthetic agents. For instance, GE Healthcare, a leading global medical technology, and life sciences company offers Aladdin Cassette, an electronic vaporizer that can measure the dose of anesthetic agents and store the information. Major players in the vaporizers market are Vicks, Vanker, Grizzly Guru, FGB Natural Products, GE Healthcare, Penlon Ltd., Draegerwerk AG & Co. KGaA, Rothacher Medical GmbH, Allied Medical Ltd., and Intersurgical Ltd. The anesthetic vaporizers require a continuous power supply. The need for a constant power supply for the vaporizers will restrain the market in emerging economies which lack energy infrastructure facilities. For instance, in June 2022, according to the World Health Organization, a Switzerland-based specialized agency of the United Nations responsible for international public health, with 568 million people lacking access to electricity, Africa continues to be the least electrified continent in the world, whereas the percentage of people without access to electricity in Sub-Saharan Africa rose to 77% in 2020 as compared to previous years. This lack of energy infrastructure will hinder the vaporizers market growth. Medicated cannabis vaporizers have gained increasing demand in the vaporizers market. Cannabis vaporizers have controlling heating technology and offer the possibility of precisely adjusting the temperature of the heater using a display on the unit, giving the user full control over the density of the aerosol produced. For instance, Storz & Bickel, a subsidiary of Canopy growth corporation has developed and manufactured vaporizers (Volcano medic and the Mighty medic) as per European Medical Device Directive 93/42/ECC and Standard DIN EN 60601. In December 2021, GE Healthcare, a US-based company provider of technologies, digital infrastructure, data analytics, and decision support tools acquired BK Medical for an undisclosed amount. This acquisition of BK Medical expands GE Healthcare’s $3 billion ultrasound business from diagnostics to surgical and therapeutic interventions. BK Medical is a US-based global intraoperative imaging and surgical navigation company. Asia-Pacific was the largest region in the vaporizers market in 2022. The regions covered in the global vaporizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the vaporizers market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The vaporizers market consists of sales of e-cigarette vaporizers, marijuana vaporizers, medical vaporizers, and other vaporizers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The vaporizers market research report is one of a series of new reports from The Business Research Company that provides vaporizers market statistics, including vaporizers industry global market size, regional shares, competitors with a vaporizers market share, detailed vaporizers market segments, market trends, and opportunities, and any further data you may need to thrive in the vaporizers industry. This vaporizers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Cannabis products refer to cannabis that has undergone a process that turns the plant material into a concentrate, such as, but not limited to, concentrated cannabis, or an edible or topical product containing cannabis or concentrated cannabis and other substances. It is frequently used as a recreational drug and has several medical applications, including the treatment of migraines, nausea, and vomiting. The main types of products are flowers, concentrates, and others. The smokable section of the cannabis plant, also known as the bud or nug, is referred to as the flower, bud, or nug. THC-dominant, CBD-dominant, and balanced THC and CBD compounds are available and can be used for both medical and recreational purposes. The various routes of administration include oral solutions and capsules, smoking, vaporizers, topicals, and others. The global cannabis products market is segmented - 1) By Product Type: Flower, Concentrates, Other Product Types 2) By Usage: Medical, Recreational 3) By Compound: THC-Dominant, CBD-Dominant, Balanced THC & CBD 4) By Route Of Administration: Oral Solutions And Capsules, Smoking, Vaporizers, Topicals, Other Route Of Administrations The global cannabis products market size grew from $35 billion in 2022 to $42.15 billion in 2023 at a compound annual growth rate (CAGR) of 20.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the cannabis products is expected to grow from $100.63 billion in 2027 at a CAGR of 24.3%. The growing medical applications of cannabis are a significant driver for the cannabis products market. Cannabis is a drug that comes from Indian hemp plants such as Cannabis sativa and Cannabis indica, with THC (delta-9 tetrahydrocannabinol) being the main active chemical in it. Cannabis has several medical applications in conditions such as nausea and vomiting, glaucoma, epilepsy, and asthma. Hence, many countries have legalised the use of cannabis for medical applications despite it being a psychoactive drug. Medical applications of cannabis include treating cancer, chronic pain, depression, arthritis, diabetes, glaucoma, migraines, epilepsy, AIDS, Alzheimer's disease, and Parkinson's disease. According to Harvard Health, around 85% of Americans supported legalising medical marijuana, and at least several million Americans were using it. Major players in the cannabis products market are Canopy Growth Corporation, Aphria Inc., Aurora Cannabis, Cara Therapeutics, GW Pharmaceuticals PLC., Maricann Group, Tilray, The Cronos Group, Tikun Olam, and United Cannabis Corporation. The presence of several legal norms related to the use and possession of cannabis is an important restraint on the cannabis products market. These norms include regulations of the Food and Drug Administration (FDA) as well as rules set up by the governments of each state in the USA. The FDA reviews all applications of cannabis products for their safety and effectiveness. Despite having laws allowing cannabis businesses, many states in the USA still do not allow such businesses. For instance, Los Angeles, San Francisco, San Jose, and San Diego have laws allowing cannabis businesses, but 80% of California’s nearly 500 municipalities do not allow retail marijuana businesses. Solar cannabis cultivation is an emerging trend in the cannabis product market. As cannabis cultivation requires a large amount of energy for lighting, heating, air-conditioning, and dehumidification systems, cannabis product manufacturing companies are investing in solar cannabis cultivation. This is mainly a result of legalising cannabis products in various states of the USA, which is continuously increasing the consumption of energy and leading cannabis manufacturers to opt for solar cannabis cultivation. For instance, Aurora acquired 71 acres of land in Medicine Hat, Alberta, and installed a high-technology hybrid greenhouse cannabis production facility. The government of California regulates the safety of manufacturing cannabis under the California Code of Regulations, Title 17, Division 1. It states that every manufacturer of cannabis products should obtain a valid licence issued by a state cannabis licencing agency. To obtain an annual licence for cannabis manufacturing, the manufacturer should submit the physical address of the manufacturing premises and a written security plan. The security plan should include measures to prevent access of unauthorised people to the manufacturing premises and the loss or theft of cannabis and cannabis products. Hence, it is expected to maintain a vigil on the manufacturing of cannabis in the coming years. In May 2020, Aurora Cannabis Inc., a Canada-based cannabinoid company, acquired Reliva, LLC., for an undisclosed amount. Through this acquisition, Aurora and Reliva will be able to build a market-leading international cannabinoid platform, and they will be able to offer stable revenue and enhanced profitability. Reliva, LLC., is a US-based company and a pacesetter in delivering high-quality hemp-derived CBD products to consumers. North America was the largest region in the cannabis products market in 2022. The Middle East is expected to be the fastest-growing region in the global cannabis products market share during the forecast period. The regions covered in the global cannabis products market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the cannabis products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The cannabis products market consists of sales of cannabis vape products, cannabis edibles, cannabis topicals, and cannabis oral products. Values in this market are factory gate values that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organisations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the chain or as part of other products. The cannabis products market research report is one of a series of new reports from The Business Research Company that provides cannabis products market statistics, including cannabis products industry global market size, regional shares, competitors with a cannabis products market share, detailed cannabis products market segments, market trends and opportunities, and any further data you may need to thrive in the cannabis products industry. This cannabis products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Foods are defined as processed products of plants, and animals that contain essential nutrients such as protein, carbohydrates, fat, and other nutrients consumed by humans. Beverages are defined as potable drinks which have thirst quenching refreshing, stimulating, and nourishing properties. The main type of food and beverages are alcoholic – beverages, nonalcoholic – beverages, grain products, bakery & confectionary, other foods products, frozen, canned, and dried food, dairy food, meat, poultry and seafood, syrup, seasoning, oils, & general food, animal and pet food, and tobacco products. Alcoholic beverages include beverages that contain varying amounts of alcohol (ethanol). The various typesdistinct types of distribution channels are supermarkets/hypermarkets, convenience stores, e-commerce, and Other Distribution Channels. The different typesseveral types of nature include organic and conventional. The global food and beverages market is segmented - 1) By Type: Alcoholic - Beverages, Non Alcoholic - Beverages, Grain Products, Bakery & Confectionary, Other Foods Products, Frozen, Canned and Dried Food, Dairy Food, Meat, Poultry And Seafood, Syrup, Seasoning, Oils, & General Food, Animal And Pet Food, Tobacco Products 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By Nature: Organic, Conventional Subsegments Covered: Beer, Wine And Brandy, Spirits, Coffee And Tea, Soft Drink And Ice, Flour, Rice And Malt, Other Grain Products, Breakfast Cereal, Sugar And Confectionery Products, Bread And Bakery Products, Cookie, Cracker, Pasta, And Tortilla, Perishable Prepared Food, Snack Food, All Other Miscellaneous Food, Frozen Food, Canned And Ambient Food, Milk And Butter, Cheese, Dry, Condensed, And Evaporated Dairy Products, Ice Cream And Frozen Dessert, Meat Products, Poultry, Seafood, Flavoring Syrup And Concentrate, Seasoning And Dressing, Fats And Oils, Pet Food, Animal Food, Cigarettes, Cigars And Cigarillos, Smoking And Other Tobacco Products The global food and beverages market size grew from $6,729.54 billion in 2022 to $7,221.73 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global food and beverages market is expected to grow to $9,225.37 billion in 2027 at a CAGR of 6.3%. Many countries across the globe are experiencing falling prices of crops due to overcapacity; this is expected to result in low raw material costs for food and beverage companies. For instance, in November 2022, according to the report Frontline, an India-based national magazine on agriculture, the bailout package of Rs 7000 crore, announced by the Cabinet Committee on Economic Affairs, for farmers involved in the sugar production sectors to fix the minimum selling price of refined sugar of Rs 29 per kilogram (prices dropped to Rs 23-24 recently due to overproduction and to create a buffer stock of 3 million tonnes of sugar for one year. Thus, the overproduction of certain crops is likely to result in higher profit margins for food and beverage companies. Higher profit margins will enable food and beverage companies to increase their productivity and drive the market going forward. Major companies in the food and beverages market include Nestle S.A., JBS S.A., PepsiCo Inc., Anheuser-Busch InBev sa/nv, Tyson Foods Inc., Wilmar International Ltd., Archer-Daniels-Midland Company (ADM), The Coca-Cola Company, Imperial brands plc, Mars Incorporated. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the food and beverages market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the food and beverages market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Frozen food manufacturers are using technologies such as individual quick freezing (IQF) to improve the yield and quality of frozen foods. The IQF method involves transferring the individual food items on a conveyor belt into a blast freezer that quickly freezes the items. With the IQF method, every individual piece of food is frozen separately, as opposed to bulk or block freezing. This method boosts yield by 1.5-3% and results in better quality products with high nutritional value and less wastage. Examples of IQF foods include fruits such as blueberries, strawberries, and peaches, and vegetables such as corn, peas, and green beans. The global IQF vegetable market is expected to reach $2 billion by 2026, thus indicating significant demand for IQF food products in the future. Asia-Pacific was the largest region in the food and beverages market share in 2022. Western Europe was the second-largest region of the food and beverages market. The regions covered in the market size of global food and beverages market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the food and beverages market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The food and beverages market consists of sales of beer, wine and brandy, spirits, coffee and tea, soft drink and ice, flour, rice and malt, breakfast cereal, sugar and confectionery products, bread and bakery products, cookie, cracker, pasta, and tortilla, perishable prepared food, snack food, frozen food, canned and ambient food, milk and butter, cheese, dry, condensed, and evaporated dairy products, ice cream and frozen dessert, meat products, poultry, seafood, flavoring syrup and concentrate, seasoning and dressing, fats and oils, pet food, animal food, cigarettes, cigars and cigarillos, smoking and other tobacco products. The companies in the food and beverages industry process raw materials into food, pet food and tobacco products, package and distribute them through various distribution channels to both on-trade and off-trade establishments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The food and beverages research report is one of a series of new reports from The Business Research Company that provides food and beverages statistics, including food and beverages industry global market size, regional shares, competitors with food and beverages share, detailed food and beverages segments, market trends and opportunities, and any further data you may need to thrive in the food and beverages industry. This food and beverages research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An e-cigarette is a handheld battery-operated electronic device that contains a solution of nicotine, glycerine, and flavorings which turns into a mist that can be inhaled by the user. These are available in various flavors such as mint, menthol, and chocolate. The main product types of e-cigarettes are Disposable, Rechargeable, and Modular. A disposable product is intended to be thrown away after use. The composition used is tobacco, flavors, and nicotine-free. The distribution channels include specialist e-cig shops, online, supermarkets, tobacconists, and others. The global e-cigarettes market is segmented - 1) By Product Type: Disposable, Rechargable, Modular 2) By Composition Used: tobacco, Flavors, Nicotine-free 3) By Distribution Channel: Specialist E-Cig Shops, Online, Supermarkets, Tobacconist, Other Distribution Channels The global e-cigarettes market size grew from $21.63 billion in 2022 to $25.33 billion in 2023 at a compound annual growth rate (CAGR) of 17.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global e-cigarettes is expected to grow from $44.01 billion in 2027 at a CAGR of 14.8%. Rising awareness of health issues caused by smoking conventional tobacco cigarettes among the smoking population is driving the growth of the e-cigarette market. Conventional tobacco cigarettes release toxic compounds that adversely affect the health of the individual. The e-cigarettes are less toxic and safer compared to conventional tobacco cigarettes. For instance, the British American Tobacco company released the Vype iSwitch and Vype iSwitch Maxx based on Puretech blade technology, which involves using an ultra-slim stainless-steel blade to heat e-liquid and create vapor. The vapor products do not burn tobacco, the vapor contains significantly lower levels of toxicants than the smoke created when burning tobacco. Therefore, e-cigarettes have reduced risk properties compared to traditional cigarettes. Major players in the e-cigarettes market are Philip Morris International, MCIG Inc., Altria Group Inc., British American Tobacco PLC., Japan Tobacco Inc., Imperial Tobacco Group, Njoy Inc., International Vapor Group, Reynolds American Inc., and VMR Product. Increased government regulations on the ban on e-cigarettes market are restraining the growth of the e-cigarettes market. Many countries have banned the sale and manufacture of e-cigarettes to protect young people and children from the harmful effects and addiction of e-cigarettes. For example, in January 2020, the U.S. Food and Drug Administration, a US-based federal agency for protecting public health, announced a policy focusing enforcement against specific illegal flavored e-cigarette goods, including fruit and mint tastes, that appeal to children. According to this directive, businesses that don't stop producing, distributing, and selling unlicensed e-cigarettes with flavors other than tobacco or menthol within 30 days risk FDA enforcement actions. The government banned e-cigarettes as the manufacturing companies were promoting them as a way to get people out of smoking habits but research studies have shown that most people are addicted to them. An increasing number of mergers and acquisitions between traditional cigarette and e-cigarette manufacturers is trending in the e-cigarette market. Traditional cigarette manufacturing companies and e-cigarette manufacturers are collaborating for product development or to improve their presence in the global market. For instance, British American Tobacco PLC., (BAT) an American British multinational cigarette and tobacco manufacturing company, acquired Reynolds American Inc. for $49 billion. The acquisition favored BAT to have a stable presence in high-growth emerging markets and high-profitability developed markets. Reynolds American Inc. is an American tobacco company that manufactures tobacco products and e-cigarettes. In June 2022, Supreme Imports Ltd., a UK-based company operating in e-cigarette acquired Liberty Flights Holdings for an undisclosed amount. Through this acquisition, Supreme Imports Ltd aims to enhance its existing vaping products offering. Liberty Flights Holdings is a UK-based company operating in e-liquid and quality vaping devices. Asia Pacific was the largest region in the e-cigarettes market in 2022. The regions covered in the global e-cigarettes market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the e-cigarettes market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The e-cigarette market consists of sales of rechargeable e-cigarettes, modular e-cigarettes, disposable e-cigarettes, and other e-cigarettes. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The e-cigarettes market research report is one of a series of new reports from The Business Research Company that provides e-cigarettes market statistics, including e-cigarettes industry global market size, regional shares, competitors with an e-cigarettes market share, detailed e-cigarettes market segments, market trends, and opportunities, and any further data you may need to thrive in the e-cigarettes industry. This e-cigarettes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The vaporizer is defined as a device that is used to vaporize plant-based substances such as cannabis, tobacco, or other herbs or blends of essential oil for inhalation. E-cigarettes and other electronic nicotine delivery systems (ENDS) are defined as devices that heat a liquid containing nicotine to create an aerosol that can be inhaled by the user. The main types of vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) are vaporizers, E-cigarettes, and other Electronic Nicotine Delivery Systems (ENDS). E-cigarettes are electronic cigarettes that run on batteries. They use cartridges that contain a liquid containing nicotine, flavorings, and chemicals. The different e-cigarettes used are disposable, rechargeable, and modular and the different types of vaporizers used are E-cigarette vaporizers, marijuana vaporizers, and medical vaporizers. The global vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) market is segmented - 1) By Type: Vaporizers, E-Cigarettes, Other Electronic Nicotine Delivery Systems (ENDS) 2) By E-Cigarettes Type: Disposable, Rechargeable, Modular 3) By Vaporizers Type: E-cigarette Vaporizers, Marijuana Vaporizers, Medical Vaporizers The global vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) market size will grow from $15.56 billion in 2022 to $17.11 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) is expected to grow to $24.25 billion in 2027 at a CAGR of 9.1%. Rising awareness of health issues caused by smoking conventional tobacco cigarettes among the smoking population is driving the growth of the e-cigarettes market. Conventional tobacco cigarettes release toxic compounds that adversely affect the health of the individual. The e-cigarettes are less toxic and safer compared to conventional tobacco cigarettes. For instance, according to the Centers for Disease Control and Prevention, in 2020, smoking caused cancer, heart disease, stroke, lung diseases, and others. Likewise, in 2021, headed tobacco products have been promoted as “reduced harm” products that can help people quit conventional tobacco smoking by WHO. The vapor products do not burn tobacco, the vapor contains significantly lower levels of toxicants than the smoke created when burning tobacco. Therefore, e-cigarettes have reduced risk properties compared to traditional cigarettes. Major players in the vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ends) market are Dash Vapes, Hubbly Bubbly, Liquideu, Nice Vapor, Pacific Smoke International, Puff Ecig, Simple Vape Co. London Ltd., Smokio, Vape Escapes, and Vapor Line. Rigid government regulations on the ban of E-cigarettes are restricting the growth of the Vaporizers, E-Cigarettes, and other Electronic Nicotine Delivery Systems (ENDS) market. Numerous nations have prohibited the deal and fabrication of e-cigarettes to secure the youth and children from the hurtful impacts and habits of E-cigarettes. For example, in January 2020, the U.S. Food and Drug Administration, a US-based federal agency for protecting public health, announced a policy focusing enforcement against specific illegal flavored e-cigarette goods, including fruit and mint tastes, that appeal to children. According to this directive, businesses that don't stop producing, distributing, and selling unlicensed e-cigarettes with flavors other than tobacco or menthol within 30 days risk FDA enforcement actions. The government banned e-cigarettes as the manufacturing companies are promoting them as a way to get out of smoking but research studies have shown that most people are addicted to E-cigarettes. Medicated cannabis vaporizers have gained increasing demand in the vaporizers market. Cannabis vaporizers have controlling heating technology and offer the possibility of precisely adjusting the temperature of the heater using a display on the unit, giving the user full control over the density of the aerosol produced. For instance, Storz & Bickel, a subsidiary of Canopy growth corporation has developed and manufactured vaporizers (Volcano medic and the Mighty medic) as per European Medical Device Directive 93/42/ECC and Standard DIN EN 60601. Asia-Pacific was the largest region in the Vaporizers, E-Cigarettes, and other Electronic Nicotine Delivery Systems (ENDS) market in 2022. North America was the second-largest region in the global vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) market share. The regions covered in the global vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) market consists of sales of disposable e-cigarettes, rechargeable e-cigarettes, modular e-cigarettes, e-cigarette vaporizers, marijuana vaporizers, medical vaporizers and other vaporizers, e-cigarettes, and other electronic nicotine delivery systems. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) market research report is one of a series of new reports from The Business Research Company that provides vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) market statistics, including vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) industry global market size, regional shares, competitors with a vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) market share, detailed vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) market segments, market trends and opportunities, and any further data you may need to thrive in the vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) industry. This vaporizers, e-cigarettes, and other electronic nicotine delivery systems (ENDS) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.