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Spain Cigarette Industry to Witness a Positive growth in the Future: Ken Research

Posted on 12 March 2018 by KenResearch Food and Beverage ,

The report titled “Cigarettes in Spain”, provides a comprehensive analysis of Spain’s cigarette industry, demographics of cigarette market, leading players in cigarette industry, excise tax on cigarettes, advertisement policies, government measures to curb illegal sales, and future of cigarettes industry in Spain.

Industry Overview and Demographics: Spain has made a huge progress on tobacco control in the recent years but people continue to die and become sick. The country does not make any effort to implement the tobacco control tools for its citizens’ wellbeing. Consumption of tobacco is injuring consumers’ health, the treasury, and the spirit of Spain. Almost every year, more than 58,000 of Spain’s population die due to by tobacco-caused disease. On the other hand, more than 75,000 children and 960,000 adults continue to use tobacco and its products on a daily basis. It was observed that the deaths due to tobacco boosts the tobacco industry in Spain and also ensures that tobacco's death toll grows every year.

More men and children smoke in Spain on average everyday and more men die compared to the other countries. The monetary cost of smoking in Spain amounts to 21 thousand million euros every year. The direct costs are related to healthcare expenditures and indirect costs are related to lost productivity due to early mortality and morbidity rates in Spain. The tobacco industry is a powerful force in Spain that does not fear any actions due to their extensive resources and global market power. Thousands of metric tons of tobacco is produced in Spain every year. More than 3 billion cigarettes are produced in Spain and cigarette imports exceeded cigarette exports in the country.

Advertisement Policies: Spain has banned all forms of direct and indirect advertising of cigarette on national TV, national radio, international TV, international radio, local magazines, newspapers, billboard, outdoor advertising, at point of sale and on advertising on internet. It also banned cigarette advertisement in free distribution in mail or through other means, promotional discounts, non-tobacco products identified with tobacco brand names, brand name of non-tobacco products used for tobacco product, appearance in TV and/or films: tobacco brands (product placement), complete ban on sponsorship, any form of contribution (financial or other support) to any event, activity or individual and ban on the publicity of financial or other sponsorship or support by the tobacco industry of events, activities, and individuals. Smoking is banned in all public places completely such as healthcare facilities, educational facilities, universities, government facilities, indoor offices, restaurants, pubs and bars, public transport, and all other indoor public places.

Performance of Cigarette Market in Spain: A stable growth was observed in Spanish cigarettes market in the recent years, with only marginal declines. Despite increase in excise taxes on tobacco products, the sales did not suffer significant decline. Spain government has taken measures recently such that some brands such as Marlboro and Chesterfield will not increase their prices, therefore, reducing their margins and shaped the overall performance of the cigarette market. The Spanish authorities made strong efforts to control smuggled tobacco within the country which has led to a decline in the illicit cigarettes. Also, the Spanish authorities closed the largest illegal tobacco production plant in the year 2016. Consumers’ demand for illicit tobacco has witness a downtrend in the tobacco sales in Spain.

Future of Spain’s Cigarette Market and Leading Players: Philip Morris is the leading cigarette player with more active innovation profile in Spain than its competitor, Altadis. Philip Morris Spain has launched its first e-cigarettes in 2015 under the Solaris brand and first heated tobacco product in 2016 under the IQOS brand. Cigarettes are sold at the specialist retailers and vending machines in Spain. Few measures are exerted on distribution to control illicit tobacco and illegal sales of tobacco. Therefore, tobacco specialist retailers hold a strong share of distribution in Spain. The Spanish economy has witnessed a positive growth rates over the past years and will continue in the next few years although there is no enough support in the growth in sales of cigarettes.

Key Topics Covered in the Report:

Spain Cigarette Market
Spain Cigarette Market Analysis
Spain Cigarette Market Forecast
Spain Cigarette Sales Market Revenue
Spain E-cigarette Market
Spain E-cigarette Market Analysis
Spain E-cigarette Market Forecast
Spain E-cigarette Market Opportunities
Tobacco Production Spain
Spain Tobacco Market Research
Cigars Market Spain
Spain Cigar Market Analysis
Spain Cigarette Consumption
Spain Cigarette Production
Spain Cigarette Market Major players
Spain Cigarette Market Competition

To know more, click on the link below:

https://www.kenresearch.com/food-beverage-and-tobacco/tobacco-products/cigarettes-in-spain/143559-11.html

Related Reports:

Cigarettes in Hong Kong, China

Contact Us:        

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

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Huge demand has been observed for steam-sterilised spices and herbs in Europe : Ken Research

Posted on 22 February 2018 by KenResearch Food and Beverage ,

The report titled “Herbs, Spices & Seasonings (Seasonings, Dressings & Sauces) Market in Europe-Outlook to 2021: Market Size, Growth and Forecast Analytics”, provides a comprehensive analysis herbs, spices and seasonings market in Europe, European consumers convenience towards easy-to-prepare foods, health awareness, demand for herbs, spices and seasonings, demand for ethnic foods, increasing prices of the herbs, spices and seasonings and future of European herbs, spices and seasonings market.

Industry Overview: Herbs, spices and seasonings are various pungent, aromatic plant substances, dried berries such as cinnamon or clove or nutmeg used as whole or ground and added to food for zest and flavour. They also include all dried herbs but exclude fresh herbs, spices and seasonings. The variants in herbs, spices and seasonings are dried herbs, pepper, salt, salt substitutes, single & other spices, spice mixes. The major distribution channel of the herbs, spices and seasonings in Europe are hypermarkets, supermarkets, convenience stores, department stores, dollar stores, variety store, E-retailers, food specialists, health stores, beauty stores, and other general retailers. European consumers are spending less money and less time on preparing meals due to their busy schedules, also the number of single households is increasing rapidly. Consumers are opting for easy-to-prepare and ready-cooked meals that rely on spices and herbs to retain and enhance food flavour. Easy-to-prepare and ready-cooked meals utilize crushed or ground spices, ground herbs, spice mixtures and herb mixtures that are known as ready-to-use spices and herbs. Therefore, there is a demand for processed spices and herbs and the trend will continue over the next few years. Grinding and crushing with improved processing facilities and detection techniques has witnessed a continuing growth over a period of time.

Unhealthy food ingredients such as salt, sugar and synthetic additives are increasingly replaced by natural ingredients such as spices and herbs to promote healthy living. Consumers are expecting clean labelling and gluten-free labelling in the spices and herbs market. It was observed that there is huge demand for steam-sterilised spices and herbs in Europe because these products meet the strict requirements for microbiological contamination. Consumers earn a small premium, if they use steam sterilisation on spices and herbs.

Growing Demand for Herbs, Spices and Seasonings in Europe: The demand for herbs, spices and seasonings in European is increasing due to the health and wellness trends such as healthy living, interest in new tastes and convenience. European consumers are continuously looking for new suppliers due to high prices and scarcity of herbs, spices and seasonings. European herbs, spices and seasonings market majorly focuses on the special varieties, improved quality and sustainability. However, the new players should comply with strict requirements for quality, food safety and traceability to enter the European herbs, spices and seasonings market. It was observed that for a very long time, Europe imports spices and herbs from the developing countries which is a continuing growth. The maturity of the industrial sector has led to a slower than in other sectors, however, herbs, spices and seasonings market will continue to grow. Almost all the Europe’s herbs, spices and seasonings imports are from the developing countries which hold positive market conditions. Herbs, spices and seasonings market is volume-driven with high competition and low margins. The small and medium-sized enterprises have good opportunities in supplying the speciality spices and herbs that are available and traded in smaller volumes. The special varieties of herbs and spices are Mexican chillies and Tellicherry peppercorns. The vendors focus more on speciality product characteristics such as colour, taste, fineness and sustainability.

Growing Popularity of Ethnic Food in Europe: European consumers are demanding for ethnic food due to growing multicultural population within the country. Therefore, there is a huge demand for spices and herbs which are used in exotic cuisine. The popular flavours and tastes in the exotic cuisine are Chinese (pepper, ginger, anise), Indian food (curry, chillies, cardamom), Thai food (cassia cinnamon, cloves, nutmeg), and Vietnamese cuisine (ginger, chillies, fennel, pepper). The consumers are exploring new tastes by cooks and food manufacturers who ensure the market for herbs, spices and seasonings to grow continuously. Small, large, multinational food retailers and specialized brands are focused on ethnic foods coupled with herbs, spices and seasonings market. Smaller processors, retailers and specialised brands demand less of the herbs, spices and seasonings. Such outlets are less demanding in food safety, service and volume. They often import herbs, spices and seasonings from their home country and it is easy to connect with them. The ethnic food tastes vary by region, country and even consumers due to the use of different ingredients and mixes.

Increase in Prices of Herbs, Spices and Seasonings in Europe: It was observed that there is a trend of increasing prices of herbs, spices and seasonings in the European market due to increasing demand and less production. The country, Madagascar is the leading producer of vanilla and the European import prices of vanilla increased significantly over the recent years due to production problems. The future of herbs, spices and seasonings is questionable due to the supply and huge demand. New plantings of spices and herbs will not be able to satisfy the global demand and replenish the low supply levels. Cultivating spices and herbs is a solution to the scarcity problem and the young population is not interested in farming. Spices and herbs are minor but very important ingredients that contribute taste to the food. Europeans demand for herbs and spices is relatively high and unaffected by price changes.

Way Forward in Herbs, Spices and Seasonings in Europe: European requirements of quality, food safety and sustainability are the strictest in the world. Only a small share of the spice and herb are in compliant with European Union requirements. The increase in prices of herbs and spices has also increased fraud causing major concerns for European buyers. The country is continuously looking for suppliers who can meet the strictest requirements to establish long-term relationships along with reliable stock. Few suppliers work directly with farmers to avoid middlemen and such developments offer opportunities in the supply chain of herbs and spices. Europe herbs and spices consumers are attentive towards the responsibility for the social and environmental impact of the business. They are more concerned about child labour, healthy and safe working conditions, respecting labour laws, paying minimum wage and correct use of pesticides. All the herbs and spices leading players such as Unilever, Olam and Verstegen in Europe are collectively working on making the market more sustainable. European consumers are attracted towards convenience, health awareness, demand for ethnic foods and quality of product which tends drive the growth of herbs, spices and seasonings market in the next few years.

Key Topics Covered in the Report:

Europe Herbs, Spices and Seasonings Market Report

Europe Herbs, Spices and Seasonings Market Analysis

Europe Herbs, Spices and Seasonings Market Outlook

Europe Herbs, Spices and Seasonings Variants Market

Europe Herbs, Spices and Seasonings Variants Market Report

Europe Herbs, Spices and Seasonings Variants Market Analysis

Europe Herbs, Spices and Seasonings Variants Market Outlook

Europe Herbs, Spices and Seasonings Market Growth

Europe Dried Herbs Market Report

Europe Dried Herbs Market Analysis

Europe Dried Herbs Market Outlook

Europe Spice Mixes Market Report

Europe Spice Mixes Market Analysis

Europe Spice Mixes Market Outlook

Europe Herbs, Spices and Seasonings Market Value by Brands

Europe Herbs, Spices and Seasonings Market by Distribution Channel

Germany Herbs, Spices and Seasonings Market

Italy Herbs, Spices and Seasonings Market

Spain Herbs, Spices and Seasonings Market

Germany Herbs, Spices and Seasonings Market

Switzerland Herbs, Spices and Seasonings Market

 

To know more, click on the link below:

https://www.kenresearch.com/food-beverage-and-tobacco/general-food/herbs-spices--seasonings-seasonings-dressings--sauces-market-europe-outlook-market-size-growth-forecast-analytics/143156-11.html

Similar Reports:

https://www.kenresearch.com/food-beverage-and-tobacco/general-food/herbs-spices-seasonings-seasonings-dressings-sauces-market-south-america-outlook-market-size-growth-forecast-analytics/143314-11.html

https://www.kenresearch.com/food-beverage-and-tobacco/general-food/herbs-spices-seasonings-seasonings-dressings-sauces-market-north-america-outlook-market-size-growth-forecast-analytics/143274-11.html

 

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Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

0124-4230204

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Evolution in Saudi Arabia Infrastructure Is Driving the Growth of Foodservice Sector: Ken Research

Posted on 01 December 2017 by KenResearch Food and Beverage ,

Saudi Arabian economy had a drastic impact with the fluctuating oil prices and government carried out major reforms to control consumers public spending. Inflation of petrol, introduced taxes and VAT on sugary drinks, energy drinks and tobacco and other wide range of products were a part of country’s economy downtrend. The food services industry consists of Quick Service Restaurants (QSR) channel and Full Service Restaurants (FSR) channel along with catering services. Full Service Restaurants (FSR) in Saudi Arabia is the leading channel with close to fifty percent share of profit in terms of sales. The coffee and tea shop channels in Saudi have a relatively small share in the Saudi Arabian food service market due to consumers opting for more energy beverages than coffee or tea. Quick Service Restaurants and Full Service Restaurants growth is very slow due to less transactions and lack of alcoholic beverage service. Saudi is not sufficiently developed in the restaurant alcoholic beverages service sector. The restaurants in Saudi Arabia are generally for broad occasions with family or friends. The food service companies are restaurants, fast food, cafés/bars, delivery and takeaway food service, and others food service. The leading foodservice companies in Saudi Arabia are Dine Equity, Domino's Pizza, Herfy, Kudu, Piatto, Maestro Pizza, McDonald's, Pizza Hut, The Savola Group, and Yum! Brands.

According to the study “Saudi Arabia-The Future of Foodservice to 2021”, many foodservices are introducing a wide range of healthy and nutritious meals in their food menu attracting more health conscious consumers. These foodservice chains offer half or full-size salads containing fresh vegetables. There is a stiff competition among the foodservice providers based on pricing, product quality and packaging innovation, quality of food, service, menu variation, and calories intake per meals. The improved living standards, increased disposable incomes, and altered customer lifestyles in Saudi Arabia are the major factors driving the growth of the food service market.

Catering services is another major sector in the foodservice market. The major end users of the catering services are Industrial/Construction, Hospitality, Education, Corporate, Flight, Healthcare and others. To develop the infrastructure of the country’s economy and to reduce the dependence on oil sectors, the Saudi Arabia government has invested in many construction activities. This is a major factor that affected the growth of the catering service in foodservice sector. With the development of many industries in the areas of education, technology, health, textiles, energy and other has demanded for catering services for their employees. Industrial catering services has accounted for the largest revenue share in the recent years followed by the hospitality sector such as hotels, hajj catering and corporate event catering. The catering services in Saudi witnessed an increasing use of technology and modern methods of production such as online ordering apps, vehicle tracking systems and inventory management platform.

The major players in the catering sector in Saudi Arabia are Gulf Catering Company, Nesma trading Co. Ltd., Algosaibi Services, Saudi Airlines Catering Company, Saudi Catering and Contracting Company and Tamimi Global Company Ltd. Gulf Catering and Saudi Airlines Catering Company have invested heavily in technology to ensure premium quality food and service. The Saudi Arabian catering services market in the foodservice sector is expected to grow drastically over the coming years.

Saudi Arabia is witnessing a downtrend in the economy with fairly high unemployment rate, and population growth. The young and urban population in the country will surely continue to drive a strong growth in Quick Service Restaurants (QSR) by the year 2021. The Full Service Restaurants in Saudi will account for nearly fifty percent of the foodservice sector in the near future. The urbanized youth in Saudi depend on the foodservice, for socialization, nourishment, and supporting the growing roles of women in all fields and help in contributing the growth of the foodservice sector. This growth will predominantly increase the numbers of transactions and inflation in the country. Westernized lifestyle also encourages more occasions to eat out. The ever rising population, increase in privatization, demand for skilled workforce and sedentary lifestyle of Saudi Arabian nationals are the major factors driving the future of foodservice market.

To know more, click on the link below:

https://www.kenresearch.com/food-beverage-and-tobacco/food-services/saudi-arabia-future-foodservice/131185-11.html

Related Reports:

Colombia-The Future of Foodservice to 2021

China-The Future of Foodservice to 2021

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
0124-4230204

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UAE Coffee Chain Market Expected to be Led by Rise of Café Culture and Technological Advancements: Ken Research

Posted on 29 November 2017 by KenResearch Food and Beverage ,

Rising per capita income, growth of franchise coffee chains, growing retail and hospitality sector, growing innovation and infrastructure development have aided the demand for coffee chains in UAE. 

UAE has been the fastest growing coffee market in Gulf Cooperation Council (GCC) with 3.4 billion cups of coffee consumed every day.

The coffee chain market is highly organized with the major organized players occupying 82.6% of the revenue share as of 2016. The market has seen a shift from traditional coffee shops to modern coffee outlets with increased focus on ambience and customized service offerings. Moreover, the customers now demand particular varieties of coffee such as Robusta, single-origin and others, certain methods of processes such as Dry Process, Semi Dry Process and Wet Process and particular brewing methods such as Pour Over/Drip, French Press, Percolate and others. Majority of the coffee chains are located in Dubai, Sharjah and Abu Dhabi. Furthermore, in the beverages segment, cold drinks and beverages have contributed to the larger share of revenue considering the climatic conditions of UAE. Modern coffee chains are now targeting wider audience by introducing products for kids and health conscious people. Further, the market has seen rising demand for specialty coffee such as green coffee. This is driven by rising awareness amongst people about the process of making coffee. Moreover, there has been increasing competition with major international coffee chains entering the market along with increased number of individual specialty coffee outlets located in high end localities. The market has also witnessed increased adoption of social platform, drive thru features and digital display boards to gain customers.

Major coffee chains have rigorously invested in new concepts and ideas to remain competitive in the market. In order to suit the busy lifestyle of the customers, many coffee outlets have introduced drive thru to increase their sales. Further, they have added a kids section in their menu to cater to a wider audience. Moreover, the coffee chains have introduced a breakfast menu targeting customers going to work in the morning. Since, it is an experience driven market, the coffee chains have also invested in upgrading their outlet’s interiors to provide a more comfortable and engaging environment. Digital innovation such as apps, online payment systems, and online loyalty cards has helped various players in industry to increase their sales by better targeting their customers as they can gather data through such platforms. Furthermore, with the rise in number of tech savvy people, coffee chains have launched apps which support online ordering and payment facilities.

The report titled UAE Coffee Chain Market by regions (Dubai, Abu Dhabi, Sharjah and rest of UAE)), by Organized And Unorganized, by Food and Beverages– Outlook to 2021by Ken Research suggested a robust CAGR of 10.0% in revenue of the UAE coffee chain market by 2021 with evolving experience driven customer preferences and rising number of shopping malls driving the revenues of this market in the future.

For more information on the research report, refer to below link:

https://www.kenresearch.com/food-beverage-and-tobacco/food-services/uae-coffee-chain-market/142280-11.html

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India Packaged Fruit-Based Beverages Industry Outlook to 2019 - 100% Juices And Nectars To Drive Future Growth

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Uganda Dairy Products Market Outlook to 2020 – High Demand For Flavor Milk And Ice Cream In Uganda Is Projected To Spur The Dairy Market

 

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Ankur Gupta, Head Marketing & Communications
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Global E-Cigarette Market Product type and their Contribution

Posted on 14 November 2017 by KenResearch Food and Beverage ,

In the global e-cigarette market, the modular e-cigarettes generate around ~% of the revenue which contributes to USD ~~ million in terms of value. The country which generates highest revenue by selling modular e-cigarettes in percentage terms is Malaysia with ~0% of revenue earned by the country from this segment. However in absolute terms, the maximum revenue from modular e-cigarettes is generated by US, UK and France.  The rechargeable e-cigarettes generate revenue of ~% in the global e-cigarette market of e-cigarettes contributing USD ~ million in the total revenue earned by the e-cigarettes globally. The countries that generates highest share of revenue by selling rechargeable e-cigarettes in terms of percentage are Italy and Germany with a share of ~% each. In most of the countries, the rechargeable e-cigarettes contribute the second highest share of the revenue in the total e-cigarette market. The prices of the rechargeable e-cigarettes are comparatively higher than the disposable e-cigarettes. However, it is slightly lower than the modular e-cigarettes.

E-Cigarette Market at the Global Level

United States is the region that dominates the global e-cigarette market. It accounted for ~% of the market with revenues worth USD ~ million of the overall market of e-cigarettes in the world during 2016.  There was a sudden jump in the market size of the e-cigarettes in US during 2013-2014. This was because the majority of the companies in the country were engaged in the widespread advertising of the product which helped the product gain recognition among the US population. Also, a series of mergers took place during this period.

The region that dominated the global e-cigarette market after US is Europe. It accounted for ~% market share by revenue that amounted to USD ~ million of the overall market of e-cigarettes in the world during 2016. The usage of e-cigarettes across Europe has been increasing. The number of users who are using such devices has also been increasing in the region. The number of people (European adults) who have tried e-cigarettes in the region rose from ~ in 2012 to ~% in 2014.

The next region that dominates the global e-cigarette market is Asia-Pacific. APAC accounts for ~% of the market and contributed USD ~ million in the overall e-cigarette market in 2016. Despite the large number of smokers present in this region the number of people that took vaping is quit less and the vaporizer market in this region is at a nascent stage.

The MEA region contributed ~% of the total market share of e-cigarette companies in the world. The e-cigarette market in MEA region was worth USD ~ million in 2016

In the global e-cigarette market, the tobacco flavor contributed the largest share of revenues generated. It contributed ~% of the total e-cigarette market in the world. The tobacco flavor is more prevalent across countries as the users in most countries are addicted to smoking in most regions and are trying to shift towards a healthier alternative. Therefore, smokers shift towards e-cigarettes and as they are addictive to the nicotine and tobacco flavor they prefer using tobacco flavored e-cigarettes.

The next most popular e-liquid flavor in the world in terms of revenue is botanicals. Botanicals contributed ~% of the total e-cigarette market of the world. The botanicals include flavors such as jasmine, mint, menthol, cinnamon, basil, wild lettuce, kava, rosemary, cloves and many more. These are also known as natural flavors.

US E-Cigarette Market is Positioned

The number of premature deaths during 2005 was 7,564 per 100,000 people. The number decreased to 7,411 after the introduction of e-cigarettes in the US market and it further declined to 6,997 people per 100,000 people in the year 2015.

In terms of market revenue, the market recorded an increase from USD ~ million in 2011 to USD ~ million in 2016 at a significant CAGR of ~%.

The market revenue of e-cigarettes in the US has increased by ~% during 2014-2015. The market was at USD ~ million during 2014 and increased to USD ~ million in 2015.

The increase in market size during 2014-2015 can be attributed to the fact that there was widespread advertising of e-cigarettes done during this period through television commercials, internet and print media. By 2015, approximately 2.4 million high school students and 620,000 middle school students had used an e-cigarette at least one time.

The number of vape stores in US has increased during the past few years. The number of vape stores currently operating in the country is 6,000-8,000. The increase in vape shops in the country helps in the growth of the market as the products are easily available to the people.

 

Source: https://www.kenresearch.com/food-beverage-and-tobacco/tobacco-products/global-e-cigarrette-market/142271-11.html

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Global E-Cigarette Market is Expected to Witness Consolidation in the next 5-10 years with Rising Mergers and Acquisitions between leading Tobacco Manufacturing Companies: Ken Research

Posted on 14 November 2017 by KenResearch Food and Beverage ,

Introducing different flavors in e-cigarettes has helped companies that are manufacturing e-cigarettes in expanding their business and attracting more number of customers to use e-cigarettes. 

Various vape festivals are organized in across countries which helped in the growth in the popularity of e-cigarettes. Vape festivals that were organised in this period were Vapestock in Florida, VapeCon in Virginia, VapeBash in Chicago and many more. Increase in the health awareness in various countries among people encouraged them to switch from normal cigarettes to e-cigarettes, which led to an increase in the market revenues of e-cigarettes. Major companies currently in the e-cigarette market include Innokin, Aspire, MCV Philippines and others. Technologies such as RDAs, mechanical mods and regulated mods all came into existence which contributed to the growth of this industry.

Introducing different flavours in e-cigarettes has helped companies that are manufacturing e-cigarettes in expanding their business and attracting more number of customers to use e-cigarettes. One of the main reasons young population is experimenting and using e-cigarettes is due to the curiosity, peer influences and the availability of different flavours of e-liquids. There are more than 450 companies operating in the e-cigarette market and e-cigarettes are available in more than 7,700 flavours. The e-cigarettes are also available in candy, fruity, coffee and dessert flavours along with the classic menthol and tobacco flavours.

Various mergers and acquisitions are taking place in the industry during the past few years. The big giants in the tobacco industry are acquiring small e-cigarettes local players to enter into the e-cigarette sector and in the local markets of different countries. The majority of acquisitions took place in United Kingdom and United States and as a result, the countries became the largest players of e-cigarettes.

The report titled Global E-Cigarette Market by Category (Tobacco Flavored E-Liquids, Botanicals, Fruit Flavors, Nicotine Free E-Liquids); By purchase channel (Online, Specialist Vape/E-Cigarette Stores, Other Physical Retailers), By type (Modular, Disposable, Rechargeable) – Outlook to 2021” by Ken Research suggested that companies can expand their reach in the market by opening more vape stores in different countries. This will help them to cater to the needs of larger audience. More people would be able to consume the e-cigarettes in the countries if they are easily available in close vicinity.

Source: https://www.kenresearch.com/food-beverage-and-tobacco/tobacco-products/global-e-cigarrette-market/142271-11.html

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Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
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Stringent Laws and Taxes Affect the Growth of Russia Cigarette Market: Ken Research

Posted on 30 October 2017 by KenResearch Food and Beverage ,

Russia is the world’s second-largest cigarette manufacturer after China. The country experienced inflation and economy downfall in the past years and has also stabilized. Majority of the population is addicted to high levels of smoking and alcoholism. Smoking remains widespread in Russia with approximately 41.8 million adult smokers who are either regular or occasional smokers.

Cigarette smoking incidences are continuously growing in Russian men, women and youngsters over a period of time. Russia has imposed excise tax on cigarettes, implemented strict laws related to smoking in public places and workplaces, as well as required reductions in tar and nicotine levels and ban on smoking advertisements in order to create awareness in the Russian smoking population. Russia will witness a continuous increase in the cigarette price and may become even more than in European countries. Every year an approximate of four hundred thousand Russians die of smoking-related diseases. It is also recorded that the number of smokers reduced by a ten percentile in the recent years after government restrictions.

In the year 2003, electronic cigarettes were invented. The electronic cigarette market witnessed a positive growth due to its wide publicity despite criticism from various health organizations in Russia. Electronic cigarettes were promoted as safer substitutes to cigarettes than tobacco and contained nicotine. Majority of the countries around the world have banned the sale of electronic cigarettes due to various health reasons and nicotine.

According to the study “Cigarettes in Russia”, cigarettes price in Russia is much less compared to other countries worldwide. Cigarettes are sold at various stalls and supermarkets. Earlier consumers could view cigarettes in the storefront before making a purchase, however, after stringent laws were passed this option was closed for all. Russian laws prohibit smoking in public places such as parks, beaches, hotels, clubs and many other public places. The Russian government has increased cigarette prices leading to shut down of many stalls. Cigarettes now in Russia are sold only in regular shops or in specialty stores.

The Russian government targets to reduce the number of smoking population in the country in the next 5 years or increase consumer spending income by inflation of tobacco products. It also has implemented a series of restrictions and standardisation of tobacco packs. For the past ten years the Russian Health Ministry is fighting against tobacco makers and fashion for smoking, however there was no significant change in the country’s tobacco usage.

The Ministry of Health of the Russian Federation has taken up the project of the Concept of State Policy Against Tobacco Consumption for 2017-2022. This project focuses on the reduction and consumption of tobacco products by men, kids, teenagers and pregnant women. It also focuses on the prevention of distribution of new types of tobacco products such as filling for hookahs and vapes to create health awareness in Russians. However, there would be a gradually rise of excises on tobacco products to reach the average level of other countries worldwide. The ministry believes that these actions may lower the demand for tobacco and other tobacco products. In addition, all the tobacco manufacturers are required to redress the damage caused to the ecology from tobacco wastes. An ecological tax is imposed on cigarettes along with the uninterrupted rise of tobacco excises.

Smoking is banned in spaces for communal apartments, all types of automobile public transport and short-distance and international transportation, places that are closer than 3 metres from bus stops and entrances to shopping centres, in the underground and surface pedestrian crossings, in people's own transport in presence of kids or near people who are against tobacco smoking, educational institutions.

According to the Russian statistics, cigarette production was reduced by almost twenty percentile which is a positive sign. The cigarette production and consumption market in Russia will witness a drastic downfall in the coming years and this trend may continue for a long time in the near future.

Source: https://www.kenresearch.com/food-beverage-and-tobacco/tobacco-products/cigarettes-russia/139342-11.html

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Chocolate Industry in Malaysia: A Sweet Blooming Market with Mouth-Watering Returns: Ken Research

Posted on 17 October 2017 by KenResearch Food and Beverage ,

Everyone loves chocolate. However, with large demand and limited supply, chocolates are becoming expensive. In addition, as people are becoming more and more aware about health and fitness, chocolate industry is seeing a decline in overall demand for chocolates. In Malaysia, consumers are concerned with the increasing prices of chocolates. Since most of chocolates are sold for children, people are becoming more and more reluctant to spend that much amount of money for chocolate. Concerned with dip in sales because of this, chocolate manufacturers and retailers in Malaysia are offering various price discount offers to attract more customers. Various brands are using various techniques to expand their customer base. For example, KitKat is offering a cash discount of upto 30% on its few of its products, like green tea and milk chocolate flavours, while brands like Snickers and Van Houten are offering value packs and extra product at reduced prices. Some are even offering free plastic packaging with chocolates.

According to the market research report "Chocolate Confectionery in Malaysia", the chocolate market can be segmented into boxed assortments, chocolate pouches and bags, chocolates with toys, chocolate confectionery, seasonal chocolates and tablets. It can also be segmented into milk chocolates, molded chocolate bars, chocolate covered bars and dark chocolates. Market can also be segmented in terms of size, small single bar chocolates, large chocolates, family packs, etc. Major distribution channels include Hypermarkets and Supermarkets, Convenience stores, Department stores, Dollar stores, Variety stores, eRetailers, Food & Drinks specialists, etc. Malaysia not only consumes chocolates but also exports it. There are over 50 chocolate manufactures in Malaysia. In terms of market share, Malaysia holds the majority share in Southeast Asia, and this is expected to increase considering the demand for chocolate is increasing. The Malaysian Chocolate and Confectionary market is growing and now the Malaysian industry is eyeing new markets like Russia, Ukraine and expands its hold on some existing markets like Middle East.

Like the sweet, mouth-watering taste of chocolate, Malaysian chocolate industries is also very lucrative and offers some very attractive returns. A good chocolate manufactured take a very precise process and Malaysian chocolate industry has seemed to excel in it.

For further research, please refer to the below mentioned link:

https://www.kenresearch.com/food-beverage-and-tobacco/general-food/chocolate-confectionery-malaysia/112197-11.html

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Chocolate Confectionery in Taiwan: A market seeing a paradigm shift with conservative government policies and checks: Ken Research

Posted on 13 October 2017 by KenResearch Food and Beverage ,

All love chocolate. Children, adults, all love the taste of chocolate. Recently, people are becoming more and more aware about their health and fitness. They are reducing their sugar intake by reducing the consumption of products with high sugar content like chocolate and other confectionary and bakery products. Further, as children and young people consume most of the chocolates, and most of them are becoming health conscious, sale of chocolate is taking a hit in past few years. This trend is almost similar throughout the world and Taiwan is no different. In past few years, the Taiwanese chocolate industry has seen a downfall in sale of chocolates and related products.

According to the market research report "Chocolate Confectionery in Taiwan", one segment of the chocolate industry in Taiwan has not seen any downfall in sales. Instead, it has seen some growth in its sale. That segment is of dark chocolate. Dark chocolates have seen significant growth in its sales because of its low sugar content and certain other health benefits. This is the reason why most of the consumers are shifting from traditional chocolates to dark chocolates and therefore, manufacturers are providing various product options in dark chocolates. A recent survey has found that Taiwanese people are most interested in the good feeling they get when they eat chocolate.

To improve the standards of the industry, Taiwanese government is also setting some standards for the chocolate industry. This will help protecting the consumer rights and will set some quality benchmarks for the chocolate manufactures. At present, Ferrero Taiwan is the market leader in the chocolate industry. Its two products, Ferrero Rocher and Kinder Surprise took the lead in terms of sales. Kinder Country and Kinder Bueno are also famous. Mars who's Snickers follow Ferrero Taiwan and M&M’s products are sold the most. Hunya Foods Co follows Mars in terms of market share. It is a domestic brand.

In near future, chocolate industry is not expected to grow and show some significant revival. However some of the players are expanding their product lines to include more luxury and dark chocolates and therefore increase their customer base and hence make some recover in their sales.

 

For more details, please refer the below mentioned link:

https://www.kenresearch.com/food-beverage-and-tobacco/general-food/chocolate-confectionery-taiwan/112198-11.html 

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+91-9015378249
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Turkish Cigarettes: A market dying of its own poison? Rising taxes and falling exports: Ken Research

Posted on 11 October 2017 by KenResearch Food and Beverage ,

The Turkish Cigarette market was growing rapidly until past few years. The growth, which started in 1990, started to slow down in 2004. Until then, the market grew about 48%. Recently, this segment has seen some significant slow down in terms of sales.

Every year, thousands of people die in Turkey because of tobacco consumption. In addition, million more use tobacco on daily basis, affecting their and their families lives. As education and knowledge is spreading, more and more people are becoming aware about the harmful effects of smoking a cigarette and moving away from it. Rising cigarette prices, increased taxes and stringent regulations are aggravating the situation and hampering the sales of cigarettes further. In 2014, the per capita consumption was 1208 cigarettes. Although the growth has slowed down, but it has not stopped. Because of increase in adult smoking population and increase in unit price of cigarette, the market is expanding in terms of both volume and value. In past few years, Turkey saw a rise in illicit trade and smuggling of cigarettes. But the government has cracked down most of these smugglers and have taken strict actions against them. Before this crackdown, illegal trade of cigarettes from Iran to Turkey was hampering the legal sale of cigarettes.

According to the market research report "Cigarettes in Turkey, 2016", Turkey is not just a big consumer of cigarettes but also an exporter of cigarettes. Countries like Bahrain, Iran and Iraq are major importers of Turkish cigarettes. There are five major market leaders in Turkish Cigarette Market. Philip Morris, European Tobacco AS, British American Tobacco (British American Tobacco Turkey), JTI Tutun Urunleri San (JTI) and Imperial Tobacco. At present, British American Tobacco is the market leader while JTI is at second position. The main distribution channel is of small grocers. These independent small grocers are very convenient for consumers to by cigarettes from. Tobacco specialists and shopping malls and a major part of distribution channel.

The sales of cigarettes are expected to fall further in next few years due to increasing prices, increasing tax rates and increasing awareness about health and fitness. However, the sale of cigars is expected to rise because of improvement in taste and lifestyle of Turkish people. Hence, rise in the imports of cigars and branded cigarettes can be seen in near future.

 

For further reading, please refer to the below mentioned link:

https://www.kenresearch.com/food-beverage-and-tobacco/tobacco-products/cigarettes-turkey-2016/91898-11.html

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Ken Research
Ankur Gupta, Head Marketing & Communications
ankur [@] kenresearch.com
+91-9015378249
www.kenresearch.com

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