Global Industry Overview: Tobacco Products
The tobacco industry produces the world's cigarettes, cigars, smoking and chewing tobacco, snuff, and reconstituted tobacco. Certain industry firms are also involved in the industrial processing side of the business, which includes stemming and re-drying tobacco.
Industry Snapshot
The tobacco products industry in the early twenty-first century was one of contrasts. In many Western countries consumption was falling, as it had done through the 1990s. The United States, for instance, was characterized by a particularly vocal and effective antismoking movement that helped bring down smoking rates and lobbied for increasing restrictions on smoking in public....