Herbal Cigarette Market in the US to Record a CAGR of 10.75%, Significant Number of Public Awareness Programs and Campaigns to be a Key Trend - Technavio

NEW YORK, Oct. 11, 2022 /PRNewswire/ -- One of the key trends in the herbal cigarette market in the US is a significant number of public awareness programs and campaigns. Many public awareness programs and campaigns encourage consumers to quit smoking. For instance, the World Health Organization (WHO) has recognized May 31^st as World No Tobacco Day to create awareness about the risks related to smoking and introduce effective policies to reduce the consumption of tobacco. Similarly, the Campaign for Tobacco-Free Kids helps consumers in reducing tobacco consumption. The American Cancer Society has introduced strategies such as providing incentives to reduce out-of-pocket charges for smoking cessation products. The number of such awareness programs is expected to increase during the forecast period, which is increasing the sales of smoking cessation products such as herbal cigarettes.

The herbal cigarette market size in the US is expected to grow by USD 315.53 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 10.75% during the forecast period, according to Technavio. The market has been segmented by distribution channel (offline and online) and type (inorganic herbal cigarettes and organic herbal cigarettes).

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The increasing availability of herbal cigarettes across various distribution channels, the increasing awareness regarding health hazards associated with smoking, and the non-addictive properties of herbal cigarettes are driving the growth of the herbal cigarette market in the US. However, factors such as stringent government regulations, the presence of substitute products, and the side effects of herbal cigarettes may challenge the market growth during the forecast period, according to Technavio.

Herbal Cigarette Market in the US: Distribution Channel Landscape

By distribution channel, the market has been segmented into offline and online. The offline segment will be a significant contributor to market growth during the forecast period. The growth of the retail industry and the establishment of numerous retail outlets are increasing the sales of herbal cigarettes. These outlets provide consumers with a wide range of products to choose from. They also offer discounted prices and an enhanced shopping experience.

Herbal Cigarette Market in the US: Companies Covered

• Bear Blend LLC
• BILLY 55, LLC
• Brown Bear Herbs, LLC
• Eximburg International Pvt. Ltd
• Hemp Toke
• Honeyrose Product LTD.
• Lynpha Vitale
• MAANS PRODUCTS
• REAL LEAF HERBS LTD
• The Herbs N Spices

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Herbal Cigarette Market in the US: What our Reports Offer

• Market share assessments for the country-level and regional segments
• Strategic recommendations for the new entrants
• Covers market data for 2021 2022, until 2026
• Market trends (opportunities, threats, challenges, drivers, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 07: Parent market
• Exhibit 08: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 09: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 10: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 11: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 12: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 13: Chart on US: Year-over-year growth 2021-2026 (%)
• Exhibit 14: Data Table on US: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 15: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 16: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 17: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 18: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 19: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 20: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 21: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

• 5.1 Market segments 
• Exhibit 22: Chart on Distribution Channel - Market share 2021-2026 (%)
• Exhibit 23: Data Table on Distribution Channel - Market share 2021-2026 (%)

• 5.2 Comparison by Distribution Channel 
• Exhibit 24: Chart on Comparison by Distribution Channel
• Exhibit 25: Data Table on Comparison by Distribution Channel

• 5.3 Offline - Market size and forecast 2021-2026
• Exhibit 26: Chart on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 27: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 28: Chart on Offline - Year-over-year growth 2021-2026 (%)
• Exhibit 29: Data Table on Offline - Year-over-year growth 2021-2026 (%)

• 5.4 Online - Market size and forecast 2021-2026
• Exhibit 30: Chart on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 31: Data Table on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 32: Chart on Online - Year-over-year growth 2021-2026 (%)
• Exhibit 33: Data Table on Online - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Distribution Channel
• Exhibit 34: Market opportunity by Distribution Channel ($ million)

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 35: Chart on Type - Market share 2021-2026 (%)
• Exhibit 36: Data Table on Type - Market share 2021-2026 (%)

• 6.2 Comparison by Type 
• Exhibit 37: Chart on Comparison by Type
• Exhibit 38: Data Table on Comparison by Type

• 6.3 Inorganic herbal cigarettes - Market size and forecast 2021-2026 
• Exhibit 39: Chart on Inorganic herbal cigarettes - Market size and forecast 2021-2026 ($ million)
• Exhibit 40: Data Table on Inorganic herbal cigarettes - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Chart on Inorganic herbal cigarettes - Year-over-year growth 2021-2026 (%)
• Exhibit 42: Data Table on Inorganic herbal cigarettes - Year-over-year growth 2021-2026 (%)

• 6.4 Organic herbal cigarettes - Market size and forecast 2021-2026 
• Exhibit 43: Chart on Organic herbal cigarettes - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Data Table on Organic herbal cigarettes - Market size and forecast 2021-2026 ($ million)
• Exhibit 45: Chart on Organic herbal cigarettes - Year-over-year growth 2021-2026 (%)
• Exhibit 46: Data Table on Organic herbal cigarettes - Year-over-year growth 2021-2026 (%)

• 6.5 Market opportunity by Type 
• Exhibit 47: Market opportunity by Type ($ million)

7 Customer Landscape

• 7.1 Customer landscape overview 
• Exhibit 48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 49: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 50: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 51: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 52: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 53: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 54: Matrix on vendor position and classification

• 10.3 Bear Blend LLC 
• Exhibit 55: Bear Blend LLC - Overview
• Exhibit 56: Bear Blend LLC - Product / Service
• Exhibit 57: Bear Blend LLC - Key offerings

• 10.4 BILLY 55, LLC 
• Exhibit 58: BILLY 55, LLC - Overview
• Exhibit 59: BILLY 55, LLC - Product / Service
• Exhibit 60: BILLY 55, LLC - Key offerings

• 10.5 Brown Bear Herbs, LLC 
• Exhibit 61: Brown Bear Herbs, LLC - Overview
• Exhibit 62: Brown Bear Herbs, LLC - Product / Service
• Exhibit 63: Brown Bear Herbs, LLC - Key offerings

• 10.6 Eximburg International Pvt. Ltd 
• Exhibit 64: Eximburg International Pvt. Ltd - Overview
• Exhibit 65: Eximburg International Pvt. Ltd - Product / Service
• Exhibit 66: Eximburg International Pvt. Ltd - Key offerings

• 10.7 Hemp Toke 
• Exhibit 67: Hemp Toke - Overview
• Exhibit 68: Hemp Toke - Product / Service
• Exhibit 69: Hemp Toke - Key offerings

• 10.8 Honeyrose Product LTD. 
• Exhibit 70: Honeyrose Product LTD. - Overview
• Exhibit 71: Honeyrose Product LTD. - Product / Service
• Exhibit 72: Honeyrose Product LTD. - Key offerings

• 10.9 Lynpha Vitale 
• Exhibit 73: Lynpha Vitale - Overview
• Exhibit 74: Lynpha Vitale - Product / Service
• Exhibit 75: Lynpha Vitale - Key offerings

• 10.10 MAANS PRODUCTS 
• Exhibit 76: MAANS PRODUCTS - Overview
• Exhibit 77: MAANS PRODUCTS - Product / Service
• Exhibit 78: MAANS PRODUCTS - Key offerings

• 10.11 REAL LEAF HERBS LTD 
• Exhibit 79: REAL LEAF HERBS LTD - Overview
• Exhibit 80: REAL LEAF HERBS LTD - Product / Service
• Exhibit 81: REAL LEAF HERBS LTD - Key offerings

• 10.12 The Herbs N Spices 
• Exhibit 82: The Herbs N Spices - Overview
• Exhibit 83: The Herbs N Spices - Product / Service
• Exhibit 84: The Herbs N Spices - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 85: Inclusions checklist
• Exhibit 86: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 87: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 88: Research methodology
• Exhibit 89: Validation techniques employed for market sizing
• Exhibit 90: Information sources

• 11.5 List of abbreviations 
• Exhibit 91: List of abbreviations

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