KT&G (originally "Korea Tobacco & Ginseng" and later "Korea Tomorrow & Global Corporation", Korean : 한국담배인삼공사, Hanguk Dambae Insam Gongsa, KRX: 033780) is the leading tobacco company in South Korea with annual sales over $2 billion USD. KT&G was originally a government-owned monopoly but today is private-owned and must compete for market share with the world's largest tobacco firms such as Benson & Hedges Group, Philip Morris International, British American Tobacco, Gallaher Group and Japan Tobacco. KT&G’s sales volume share was 62% of the Korean market in 2009.