Smoking is one of the world’s favorite pass time activity, whether they’re at work, at home, or away from all the stress of work, so we were curious to find out just which were the biggest tobacco companies in the world in 2017.
Smoking isn’t exactly the best practice humans could have picked. On top of many health issues that smoking can cause, including an increased risk of getting cancer, there are other esthetical issues to accompany this habit, like yellow teeth, stained skin, and the overall bad smell that seems to cling to clothes.
The history of tobacco goes back hundreds of years, although it became a lot more popular after European settlers started colonizing the Americas. At one point in time, tobacco was actually used as a currency between the native Americans and the colonists.
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.
The largest tobacco companies in the US are expected to rack in sales of nearly $60 billion in total in 2017. These top tobacco companies in the US, such as Philip Morris or Altria, have been around for many decades and have built an empire in this time, controlling dozens of cigarette brands.
Of course, it’s not just the US that’s a big player in this market, and there are plenty of top tobacco companies in India, too, as well as other places around the world. China National Tobacco Co., for instance, took over 44% of the global tobacco sales in 2016, making it the top such company in the world.
If you’re interested, you can also read up on the 10 good cheapest cigarette brands in 2017.
In order to create our list today, we checked out Forbes’ listing of tobacco companies. We handed out points for both the company’s annual sales, as well as their valuation on the stock market, where available. That being said, here are the top 10 biggest tobacco companies in the world in 2017.