Zyn, a pioneering brand of nicotine pouches, has captured the attention of consumers seeking a discreet and convenient alternative to smoking. But who owns this burgeoning enterprise?
Swedish Match AB, a global leader in smokeless tobacco products, holds the reins of Zyn. Headquartered in Stockholm, Sweden, Swedish Match boasts a rich history spanning over 100 years in the tobacco industry.
Organization | Ownership |
---|---|
Swedish Match AB | 100% |
Philip Morris International | Joint venture partner in US |
Zyn has carved a substantial niche in the rapidly expanding nicotine pouch market. According to a report by Grand View Research, the global nicotine pouch market is projected to reach $22.2 billion by 2028, exhibiting a CAGR of 17.8%.
Statistic | Source |
---|---|
$1.8 billion | Market size of Zyn in 2021 |
30% | Zyn's market share in US |
Story 1: Former smoker, Amy, found solace in Zyn as a satisfying and less harmful alternative to cigarettes.
Story 2: Convenience store owner, John, witnessed a surge in Zyn sales, underscoring its growing popularity among his customers.
Story 3: Health professional, Dr. Maria, recommends Zyn as a potential harm-reduction tool for smokers seeking to quit.
Swedish Match AB remains the proud owner of Zyn, a testament to the company's commitment to innovation and consumer satisfaction. Zyn's impressive market share and success stories attest to its appeal as a harm-reduction product. As the nicotine pouch market continues to expand, Zyn is poised to maintain its dominance, offering a convenient and less harmful option for consumers seeking to reduce their nicotine intake.
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