How to Buy and Export Processed Tobacco from Kenya
How to Buy and Export Processed Tobacco from Kenya
The processed tobacco market in Kenya is forecast at USD 165.2 million by 2022. The growing demand for tobacco and its increasing consumption are the primary factors driving the growth of the processed tobacco market. The growing population, emergence of low-cost cigarette brands, and increasing health awareness are some of the other factors driving the processed tobacco market. However, the stringent regulations and high taxation on tobacco are expected to hamper the growth of the market in the country. This article discusses the factors driving the growth of the processed tobacco market in Kenya, the types of processed tobacco available in the market, the channels through which the processed tobacco is sold, and the key players in the market.
Factors driving the growth of the processed tobacco market in Kenya
The demand for tobacco and its increasing consumption are the primary factors driving the growth of the processed tobacco market. Some of the key factors driving the demand for tobacco in the country include rising disposable income levels, growing health consciousness among consumers, and the government’s efforts to promote tobacco cessation.
The growing population, emergence of low-cost cigarette brands, and increasing health awareness are some of the other factors driving the processed tobacco market. However, the stringent regulations and high taxation on tobacco are expected to hamper the growth of the market in the country. This article discusses the factors driving the growth of the processed tobacco market in Kenya, the types of processed tobacco available in the market, the channels through which the processed tobacco is sold, and the key players in the market.
Types of processed tobacco available in the market
Liquid tobacco – Tobacco that is produced in liquid form, which is then dried and cured. Therefore, it is also known as “aromatized tobacco.” This is the most commonly consumed form of tobacco in the country.
Cured tobacco – Is the tobacco that has been cured by the curing process. Therefore, it is also known as “natural tobacco.” This is the least consumed form of tobacco in the country, as it is not easily available.
Channels through which the processed tobacco is sold in Kenya
The tobacco is sold in the form of loose leaf. This can be consumed either in a pipe or rolled into cigarettes. There are two types of tobacco retailers in Kenya. One is traditional retailers, who use the vendors’ network. The other is modern retailers, who use the wholesaler/importer network.
The tobacco is sold through the two channels through which the processed tobacco is sold in Kenya. One is street vendors, who sell it from their bicycles. The other is from kiosks, that are mostly located in shopping malls.
Key players in the market
Principal Market Participants – Ashoka Tobacco Company, New India Snus, and Snus. Snus has a dominant market share in the snus market.
Raw Material Suppliers – Green House International, Inc., Church Crops Global, Inc., Synergy Hemp Inc., Rich Hemp Oil Inc., Hemp Farming Corp., and Hemp Oil Canada Corp.
Bottom line
The growing demand for tobacco and its increasing consumption are the primary factors driving the growth of the processed tobacco market. The growing population, emergence of low-cost cigarette brands, and increasing health awareness are some of the other factors driving the processed tobacco market. However, the stringent regulations and high taxation on tobacco are expected to hamper the growth of the market in the country. This article discusses the factors driving the growth of the processed tobacco market in Kenya, the types of processed tobacco available in the market, the channels through which the processed tobacco is sold, and the key players in the market.
Tobacco remains the most commonly used psychoactive substance in the world and is the leading cause of morbidity and mortality. In Kenya, about 500,000 people die every year due to tobacco use. There has been a significant increase in the demand for cigarettes in the country over the past few years, and this is expected to drive the growth of the processed tobacco market. However, strict regulations on tobacco, increase in taxation, and the growing health awareness among consumers are expected to hamper the growth of the processed tobacco market in the country.
The processed tobacco market in Kenya is forecast at USD 165.2 million by 2022. The growing demand for tobacco and its increasing consumption are the primary factors driving the growth of the processed tobacco market. The growing population, emergence of low-cost cigarette brands, and increasing health awareness are some of the other factors driving the processed tobacco market. However, the stringent regulations and high taxation on tobacco are expected to hamper the growth of the market in the country. This article discusses the factors driving the growth of the processed tobacco market in Kenya, the types of processed tobacco available in the market, the channels through which the processed tobacco is sold, and the key players in the market.
Conclusion
The processed tobacco market in Kenya is forecast to grow at a CAGR of 16.5% during the forecast period. The growing demand for tobacco and its increasing consumption are the primary factors driving the growth of the processed tobacco market. The growing population, emergence of low-cost cigarette brands, and increasing health awareness are some of the other factors driving the processed tobacco market. However, the stringent regulations and high taxation on tobacco are expected to hamper the growth of the market in the country. This article discusses the factors driving the growth of the processed tobacco market in Kenya, the types of processed tobacco available in the market, the channels through which the processed tobacco is sold, and the key players in the market.
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