To address the risk associated with tobacco smoking, emphasis must be on the scientific principle of non-combustion, the Vice President of Global Scientific
Asia Pacific Tobacco Market Industry Analysis and Forecasts to 2026: CAGR of 4 4% Forecast During 2020 and 2026 apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
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The Global Tobacco Market size is expected to reach $1,066.6 billion by 2026, rising at a market growth of 3.6% CAGR during the forecast period.
Tobacco is an economically significant agricultural crop which is grown across the world. India is one of the largest producers and exporters of tobacco after China and Brazil. Consumption of tobacco in any form results in health risks & complications. The higher number of passive smokers are affected majorly due to the Tobacco consumption. The highly addictive nature of nicotine makes it difficult for the smokers to quit the tobacco consumption. Irrespective of the fact that tobacco causes serious harm to the health, tobacco industry is still booming due to its economic importance. The cultivation of Tobacco is largely in the southern states of India, as weather is suitable for the cultivation of the crop.