"Smokeless Tobacco in Venezuela" now available at Fast Market Research

Other chewing tobacco is the only type of smokeless tobacco available in Venezuela, with snuff not being manufactured or consumed in the country. Other chewing tobacco is known as chimó, a tobacco paste made from tobacco leaves which are boiled, with the addition of products such as baking soda and sugar, until the mixture develops a consistency similar to that of caramel. The custom of chewing chimó has remained through the years, extending from the most remote areas of the country to the main cities, where high school and college students have started to chew chimó as a fashion trend.

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Competitive Landscape

Fábrica de Chimó El Tigrito was the leading player in smokeless tobacco in 2014, holding a 65% volume share, due to the performance of its brand El Tigrito. Unlike most of the companies involved in chimó, Fábrica de Chimó El Tigrito does not purely operate at a regional level; El Tigrito can be found in all the major cities in Venezuela. The balance of sales of smokeless tobacco is divided amongst a large number of players which compete regionally.

Industry Prospects

Smokeless tobacco is projected to remain a very stable category, with no major factors expected to boost demand in the coming years. The fact that chimó is made in a very artisanal way indicates that manufacturers have little possibility for expansion, and little incentive to increase awareness. Over the forecast period the emergence of other types of smokeless tobacco is not expected, and the category is purely composed of chimó.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Smokeless Tobacco industry in Venezuela with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Smokeless Tobacco industry in Venezuela, our research will save you time and money while empowering you to make informed, profitable decisions.

The Smokeless Tobacco in Venezuela market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Production, imports by origin, exports by destination
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Smokeless Tobacco in Venezuela?
* What are the major brands in Venezuela?

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