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Why Altria Stock Gained 17% Last Month
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Smoking may disappear within a generation, analysts predict
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As smokers quit or switch to alternative products.
By Corinne Gretler, Bloomberg
17 Mar 2021 07:09
Image: Shutterstock
Cigarette use in a number of developing countries may fall to zero in the next three decades as smokers quit or switch to alternative products, according to a new report.
Smoking will disappear by 2050 from the US, parts of Europe, Australia and large chunks of Latin America if the declining trend seen in the last decades continues, Adam Spielman, analyst at Citigroup Inc., wrote in a note published Tuesday.
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Cigarette Smoking Could Vanish From the U S by 2050, Says Analyst
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