Behind the Money

Why Big Tobacco is buzzing over nicotine pouches

30 snips
Aug 19, 2025
In this discussion, Clara Murray, a data reporter at the Financial Times specializing in the tobacco industry, and Mari Novik, a leisure reporter, reveal how nicotine pouches have surged in popularity as cigarette sales decline. They explore the potential of these pouches as cognitive enhancers and a fresh revenue source for Big Tobacco. The conversation also tackles the marketing strategies targeting young adults, regulatory challenges, and the looming health concerns tied to this emerging trend.
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ANECDOTE

Street Reactions Were Mixed

  • Producers interviewed people on Manhattan's west side with mixed reactions to Zin; some loved it, others disliked the sensation.
  • Comments ranged from "felt like smoking 10 cigarettes at once" to "it burns the lips."
INSIGHT

Cigarette Demand Has Collapsed

  • Global cigarette use has dropped dramatically since 2000, pressuring tobacco companies' core business.
  • The decline forced firms like Philip Morris and BAT to seek new nicotine products to survive.
INSIGHT

Pouches Evolved From Snus

  • Nicotine pouches evolved from Scandinavian snus by removing tobacco and using synthetic nicotine.
  • Synthetic nicotine faces lighter regulation, enabling rapid market growth outside Scandinavia.
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