We present you with the list of the biggest tobacco companies in the world 2017. Insider Monkey has recently published an interesting article about it giving you a great review over this topic. Smoking isn’t the best habit that we, humans can do, but I’m afraid I smoke, too. I extremely like the ceremony of lighting the cigarette and inbreathe the first smoke of it. Yet, I know I should quit since it’s very unhealthy. Nowadays, it’s a multi-billion business for numerous companies from all corners of the world. Considering there are an estimated 1 billion smokers, that’s not exactly a surprise, especially since breaking the habit is always difficult and takes a lot of dedication to achieve.
Now without a further ado let’s see what Insider Monkey has investigated for us. We have picked three of the biggest tobacco companies in the world 2017 from their list.
The first one can be ITC Limited. Created in 1910 as the Imperial Tobacco Company of India, ITC Limited is an Indian company with the headquarters in Kolkata. Nowadays, they don’t just make cigarettes, but they also branched out in other directions, food, hotels and IT. Among the many brands created by ITC there’s Wills Navy Cut, Gold Flake Kings, Insignia, Classic, Silk Cut, Bristol, and more, including the well known Lucky Strike. The company’s native country has over 120 million adult smokers and over 2.5 million smoking children. Unfortunately, Tobacco Atlas says nearly 1 million people die each year from tobacco-caused illness. ITC racked up sales of some $6 billion, while the company’s market cap was calculated at over $51.6 billion. The next tobacco company on our list now should be Reynolds American. Reynolds American is a company based in the United States, that is actually a subsidiary of British American Tobacco PLC (ADR) (NYSE:BTI). They are responsible for many popular brands, including Camel, Newport, Pall Mall, and Kent, to name a few. Reynolds American was actually formed in 2004 by combining R.J. Reynolds Tobacco Company and the US business of BAT, called Brown and Williamson. Reynolds American sold cigarettes worth of $12.5 billion last year, and its market value currently sits at over $90.6 billion. At last, but not least we are mentioning Imperial Brands. Formerly known as the Imperial Tobacco Group, this British multinational was founded in 1901. The company sells numerous brands, including Davidoff, Embassy, Gauloises, Route 66, Royale, Foruna, and more. Data shows, the Imperial Brands managed to pile up the sales up to $39.2 billion, while the company’s market value stands at $46.5 billion.
For any further useful information, read Insider Monkey’s article about top 10 biggest tobacco companies in the world 2017.