Tobacco Market Outlook 2024 - 2028

Daily Updated Industry Statistics and Top Emerging Trends about the Tobacco Industry

Global Tobacco Trends in 2024

Tobacco is part of Agribusiness and includes a number of sub-sectors such as Cigar. You may also be interested in Agriculture, Forestry and Beverage.

Global tobacco production is projected to decline to approximately 6.3 million metric tons by 2028, down from around 6.4 million metric tons in 2023. This represents an average annual decrease of 0.4%. Historically, global tobacco supply had been increasing at an average rate of 0.6% per year since 1966. In 2023, China led the world in tobacco production, contributing nearly 2.4 million metric tons. India, Brazil, and Zimbabwe followed, ranking second, third, and fourth, respectively. Among notable changes, Sri Lanka's tobacco production surged by 10.8% year-over-year. In stark contrast, Jordan experienced a significant decline, with production falling by 40.2% annually since 1966.

Top 10 countries

In 2024 major markets in the Tobacco Industry were:

World Tobacco Market Data and Forecasts

How much the Tobacco industry is expected to grow to 2028?

Forecast: Unmanufactured Tobacco Production in the World
Forecast: Unmanufactured Tobacco Production in Europe
Forecast: Unmanufactured Tobacco Production in the EU
Forecast: Unmanufactured Tobacco Production in Italy
Forecast: Unmanufactured Tobacco Production in Poland

World Tobacco Top Rankings

Global Export of Manufactured Tobacco by Country
Top Exporters of Cigars and Cigarettes
Global Tobacco Products Value Added by Country
Global Unmanufactured Tobacco Gross Production by Country
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Global Tobacco Statistics

Global Tobacco Industry Database