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Stock impact report

The Country that Smokes the Most in Asia [Yahoo! Finance]

British American Tobacco Industries, p.l.c. ADR (BTI) 
NASDAQ:AMEX Investor Relations: bat.com/ir
Company Research Source: Yahoo! Finance
Global Tobacco Market: As we mentioned in our article – 25 Countries with the Most Cigarette Smokers per Capita – the global tobacco market is expected to reach $1.049 trillion by 2030, growing at a CAGR of 2.5% from 2024 to 2030. The market is fuelled by a growing demand from developing nations, coupled with the rising proliferation of next-generation products (NGPs) across the globe. The high marketing expenditure and discounting of products undertaken by major tobacco companies is also adding to the growth of the industry. While tobacco consumption is leveling off and even decreasing in some countries, the number of people smoking is still increasing globally, and smokers are smoking more than before. An estimated 1.3 billion people worldwide use tobacco products, 80% of whom are in low- and middle-income countries. Asian Country with the Highest Tobacco Consumption: With an overall annual consumption of over 2 million tons, China is not only the Largest Tobacco-Consuming Show less Read more
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