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Tobacco Testing Market revenue is mounting with a large consumer base coupled with the increased focus of governments on national tobacco-testing laboratories


Tobacco Testing Mark

iCrowdNewswire   Dec 6, 20196:05 AM ET

Now-a-days, science has been applied in a thoughtful way to obtain a fruitful result. Currently, the Health Ministry is anticipating to accelerate tobacco control measures. So, this is highlighting the necessity of testing, which identifies the defective tobacco end-products. Moreover, tobacco testing assists to upgrade the quality of tobacco product analysis by underlining the loopholes within the product and requirements for further modification in the product range. The tobacco industry contribution is playing a vital role in the economies of many countries all over the world. The continuous demand for tobacco products is boosting the revenue of this industry each year. On the other hand, frequent entry of new players, regional regulatory pressures, and an increase in the number of alternatives to combustible products are influencing the tobacco product manufacturer’s presence in the tobacco testing marketplace. For instance, a regulatory pressure of the government, “cigarette and bidi manufacturers have to declare tar and nicotine content on their packets”, which is implemented as a part of the process in the tobacco testing laboratories. To excel in this tough competitive edge, companies are focusing to invest in technology in order to withstand as a primary contributor to the tobacco testing market size. In addition to this, they are concentrating on testing and quality assurance landscape to build their brand image by increasing their tobacco testing market share.

Clinical studies of these companies will get approval from the related independent ethics committees before the launch of the respective product and in case of product testing. The independent scientific laboratories and research organizations are primarily handling all these requisites.  Developments are taking place in the testing and monitoring techniques to evaluate the quantities of nicotine, tar, and carbon dioxide contents of cigarettes. Increasing necessity for content testing among most important carcinogenic substances which include nitrosamine, 4-methylnitrosamino-1-3-pyridyl-1-butanone, N-nitrosoanabasine & N-nitrosoanatabine and heavy metals such as arsenic, cadmium, chromium, lead, mercury, nickel & selenium within cigarettes and tobacco leaves is propelling the tobacco testing market revenue.                               

As a result, the tobacco testing market size was evaluated at $2.16 billion in 2018 and projected to grow with a CAGR of 4.61% during the forecast period 2019-2025, according to the global tobacco testing market report.  

The report evaluates tobacco testing market size based on equipment, service, and end-user. Moreover, it provides a detailed analysis of prominent players and start-ups with their tobacco testing market share, globally.  

Fastest Growing Tobacco Type – Cigarettes:

Tobacco Laboratory Network support to test contents and emissions of tobacco products. World Health Organization (WHO) started tobacco-free initiative (TFI) to reduce the disease and death prevalence caused by tobacco consumption and also aimed to protect the present and future generations from the exposure to tobacco smoke. TFI deals with 16 WHO collaborating centers as a part of tobacco control, which are working on enhancing tobacco testing and research operations. However, the alignment of tobacco-testing laboratories with these centers intends to provide technical training on testing compounds and emissions of smoking products, especially cigarettes.

On the other hand, the tobacco-freekids organization states that the current consumption trend of cigarette is on the rise and also identified as one of the profitable industries in the world. In 2017, more than 5.4 trillion cigarettes were sold to above one billion smokers, worldwide, whose retail values worth $699.4 billion. Therefore, cigarettes are acknowledged as the fastest-growing tobacco type among others in the global tobacco testing market. It is set to grow at a CAGR of 3.98% throughout the forecast period. Increasing importance for the establishment of tobacco testing laboratories, particularly nicotine testing, cotinine test, and smoke testing in every region precisely drives the international attention to the global tobacco epidemic. Thus, the tobacco testing laboratory network is playing a key role to move ahead in tobacco control, worldwide.                                                                   

Growth Drivers of Tobacco Testing Market:

North America Tobacco Testing Marketplace:

11.7% of high school students and 3.2% of adults were using e-cigarettes as of 2016. Additionally, nearly 17.5% of adults in Georgia used tobacco in 2017. However, in 2018, the U.S. has occupied a major share of 38.7% in world Cigars, cheroots and cigarillos containing tobacco imports. This share accounts for an import value of $1.03 billion in 2018. In the U.S. and Canada, it is evident through 6% and 17% annual growth in tobacco-containing products import value. This growth in the imports of above-mentioned products has been expanding the scope for tobacco testing market players in this region. It is also helpful in creating a significant number of opportunities for tobacco manufacturers to adopt various testing equipment coupled with services, which provide technical support in the development of testing capacity in the control of U.S. tobacco products.

The widespread use of tobacco among the U.S. populous, especially, young adults are fuelling the share of North America tobacco testing market in the global tobacco testing market. The Southeast Tobacco Laboratory (STL) is renowned as a primary FDA tobacco-testing laboratory, which houses tobacco and smoking product testing equipment such as e-cigarette smoking machine, linear cigar-smoking machine, and cigarette paper permeability instruments to test varied tobacco products.  All these factors are leading to the North America tobacco testing market growth. Hence, North America has occupied a dominating share of 35.16% in the global tobacco testing market revenue, as of 2018.

Major Players in the Tobacco Testing Market – Competitive Landscape:

Phillip Morris International, British America Tobacco, Japan Tobacco International, China National Tobacco Corporation, Imperial Tobacco Group, Altria Group, Inc., Reynolds American Inc., Hongyunhonghe Tobacco (Group) Co., British American Tobacco p.l.c. (BAT), Ltd., and Japan Tobacco Inc. are the major players, which are involved in the global tobacco testing market. These players are implementing business strategies in order to mark their brand name as one among the tobacco testing top 10 companies, by increasing their market share for the same.

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Related Report:

Food Safety Testing Market

https://www.industryarc.com/Report/10595/food-safety-testing-market.html

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