5 Largest Tobacco Companies in the World by Market Cap

3. ITC Limited 

Market Cap: $70.25 billion

Headquartered in Kolkata, ITC was established in 1910 as the Imperial Tobacco Company of India Limited. The company is the market leader in cigarettes in the South Asian country, with an expansive portfolio of brands including Insignia, India Kings, Classic, Gold Flake, American Club, Wills Navy Cut, Players, Scissors, Capstan, Berkeley, Bristol, Flake, Silk Cut, and Duke & Royal. ITC Limited boasted a revenue of over $8.4 billion in its last financial year that ended on the 30th of March 2023, and sits among the Top 5 Tobacco Companies in the World.