Smokeless Sees Opportunity

 

(CSD) While smokeless tobacco like moist snuff and spitless snus are but a tiny fraction of tobacco sales, a number of health, regulatory and market forces could be lining up to give smokeless a boost.
According to the U.S. Federal Trade Commission’s Smokeless Tobacco Report for 2016, the five major U.S. smokeless tobacco manufacturers spent $759.3 million on smokeless tobacco advertising and promotion in 2016, an increase from $684.9 million spent in 2015. That amount dropped to $718.3 million in 2017. Yet, sales of both moist and snus are on the rise. And that trend is projected to continue. Continued