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Menthol Cigarette Market Expected To Witness Considerable Growth Driven By The Growing Popularity Among The Younger Generation | Grand View Research, Inc.

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Menthol Cigarette Market Expected To Witness Considerable Growth Driven By The Growing Popularity Among The Younger Generation | Grand View Research, Inc.

April 07
06:08 2021
Menthol Cigarette Market Expected To Witness Considerable Growth Driven By The Growing Popularity Among The Younger Generation | Grand View Research, Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
According to a recent report published by Grand View Research Inc., there has been a substantial rise in menthol cigarette smokers in the past few years. In addition, scientific research is been conducted to evaluate if nicotine is capable of blocking down the coronavirus from entering cells in the body.

The global menthol cigarette market size is expected to reach at USD 99.1 billion by 2025 to expand at CAGR of 3.1%. The market growth is attributed to factors like fresh, clean, cooling, and anesthetic (pain killing) effect, ability to reduce harshness of smoke, and growing popularity among younger generation. Moreover, menthol cigarettes make the smoke smooth and easier to inhale by reducing harshness of smoke, thereby making it more popular among women, young generation, and beginner smokers.

The number of menthol cigarette smokers is increasing owing to the consumers who cannot tolerate the irritation and harshness of non-menthol cigarettes and those who seek specific flavor and sensation associated with menthol flavor. The mild property of menthol cigarettes is gaining popularity among occasional smokers, younger generation, and beginners.

Amid the pandemic, the French researchers have defined a theory to understand whether nicotine could block the spread of coronavirus from entering the cells in the body. France is one of hardest hit countries by Covid-19 in Europe. The researchers are awaiting clinical approvals from health authorities in France to proceed with trial-based research. 

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/native-collagen-market

Menthol Cigarette Market Report Highlights

 Single capsule accounted for the largest share of 88.8% in 2018. This type of capsule allows the consumer to vary the strength of flavor by bursting liquid ball inside the cigarette filter.

By end user, the male segment accounted for the largest share of 57.3% in 2018. Growing inclination of male consumers towards refreshment and flavored cigarette is likely to enrich the demand for menthol cigarettes in the coming years

The female segment is expected to expand at a CAGR of 2.9% over the forecast period. In regions like North America, Europe, and Central and South America, female accounts for a significant menthol cigarette market share.

Central and South America is the second-fastest-growing region with a CAGR of 3.2% owing to the growing popularity of single and double capsule products as consumers are more likely to perceive benefits such as smoothness and less harshness than other cigarettes.

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Menthol Cigarette Market Segmentation

Grand View Research has segmented the global menthol cigarette market on the basis of capsule, end user, and region:

Menthol Cigarette Capsule Outlook (Revenue, USD Million, 2015 – 2025)

     Single Capsule
     Double Capsule

Menthol Cigarette End User Outlook (Revenue, USD Million, 2015 – 2025)

     Male
     Female

Menthol Cigarette Regional Outlook (Revenue, USD Million, 2015 – 2025)

     North America
        • The U.S.
    • Europe
        • Russia
        • Germany
     Asia Pacific
        • China
        • Indonesia
    • Central and South America
        • Brazil
     Middle East & Africa
        • South Africa

List of Key Players of Menthol Cigarette Market

    • Philip Morris International Inc.
     Imperial Brands plc
     Korea Tobacco & Ginseng Corporation
     Alfred Dunhill

Speak to Analyst @ https://www.grandviewresearch.com/inquiry/6166/ibb

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

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Website: https://www.grandviewresearch.com/industry-analysis/menthol-cigarette-market