Albany, NY -- (SBWIRE) -- 07/24/2013 -- Smokeless tobacco is an addiction for hundreds of millions of people worldwide and the use of such products is increasing in many countries because smokeless tobacco is considered less dangerous than cigarettes.

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Chewing tobacco, snuff, snus, and dissolvable tobacco in the shape of sticks, pellets, and strips are all types of tobacco products that are not smoked but used in other ways.

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The developments observed within the industry include introduction of tailored snus, new cigarillo and launch of mini-snus. However, the industry remains threatened by certain challenges which include health effects of smokeless tobacco and stringent regulations. The major factors which will contribute in the growth of the industry include declining cigarette volumes, rising personal income and rising world population.

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