Boston, MA -- (SBWIRE) -- 08/01/2014 -- Chimo, the only type of other chewing tobacco available in the country, has a long tradition in Venezuela, being one of the first chewable tobaccos known in the world. It has its origin in the region of Los Andes, being prepared by indigenous groups. Chimo is a tobacco paste made from tobacco leaves which are boiled, adding products such as baking soda and sugar until the mixture develops a consistency similar to that of caramel. This product is kept in the mouth whilst the consumer absorbs the flavour and then spits out the excess saliva which is generated. It began to be adopted as a stimulant by people who want to stay alert for a long time (taxi and truck drivers), and then it expanded towards youth groups, becoming a fad amongst students.

Competitive Landscape

Smokeless tobacco is led by Fabrica de Chimo El Tigrito CA, which held 65% volume share in 2013. The company manufactures El Tigrito, a brand with a long tradition in the country. El Tigrito is available in two different presentations: 18g and 25g, contained in a yellow metal tin which is easily recognised by consumers. Unlike small industry players, Fabrica de Chimo El Tigrito CA does not purely operate at regional levels; otherwise, El Tigrito can be found in all major cities of Venezuela.

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Industry Prospects

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Smokeless Tobacco industry in Venezuela with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Smokeless Tobacco industry in Venezuela, our research will save you time and money while empowering you to make informed, profitable decisions.

The Smokeless Tobacco in Venezuela market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Production, imports by origin, exports by destination
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Smokeless Tobacco in Venezuela?
- What are the major brands in Venezuela?
- What are the traditional types of smokeless tobacco available in Venezuela?
- What is the product awareness of smokeless tobacco in Venezuela?
- What innovations are present in smokeless tobacco in Venezuela?

Reasons to Get this Report

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

Product coverage: Chewing Tobacco, Snuff.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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