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Expansion of Adult Smoker Base in Emerging Markets Offering Growth Potential Demographic shifts in emerging economies have created a substantive and expanding cohort of adult smokers, which underpins growth potential for premium tobacco products
However, this depends on the e-cigarette product, which have varying amounts of nicotine
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may be in decline, but according to Citi this has simply forced tobacco companies like Phillip Morris to find other markets, mostly in emerging countries like Indonesia and the Philippines
Nicotine itself is a highly addictive substance and can have physiological effects, such as increased heart rate and blood pressure with prolonged use
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