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Given their rapidly increasing global popularity, it is critical to bring such products under regulatory oversight to safeguard public health
This causes some of the withdrawal symptoms
Key Insights and Statistics of Tobacco Exports Globally World export rank: 60th Total tobacco exports in 2024: $52.09 billion Global market share of tobacco exports: 0.2% Global Tobacco Market Size: $875 billion Largest Segment: Cigarettes Fastest Growth: Cigarettes Growth Rate: 2.45% CAGR Biggest export region: Asia Pacific (60%) Forecasted global market size in 2031: $1.09 trillion Global Tobacco Exports: Developing Patterns and Risks for Investors The market for tobacco products was valued at $912 billion globally in 2024
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Although Nigeria has secured a victory through the passage of the Tobacco Control Act, other significant hurdles remain which must be addressed if her goal of effectively regulating tobacco consumption is to be achieved
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