Global Nicotine Gum Market Information
P a g e |1
Copyright Š 2017 Market Research Future.
Global Nicotine Gum Market Information
Global Nicotine Gum Market Information- by Dosage Type (2mg, 4mg and others) and Region Forecast to 2022
Key Players: Perrigo Co. Plc., Novartis Consumer Health Inc., Pfizer Inc., Fertin Pharma, Cambrex Corporation, Reynolds American, Johnson & Johnson, and Glaxosmithkline Plc. are the eminent players in the Nicotine Gum Market.
P a g e |2
Copyright Š 2017 Market Research Future.
Global Nicotine Gum Market Information
Nicotine gum is a chewing gum that helps in smoking abstinence by releasing nicotine into the bloodstream of the user. Nicotine gums, even though contains nicotine, do not contain tar likely cigarettes and other tobacco products, which is the main advantage of the product. Tar is mainly responsible for the occurrence of various oncological disorders. Market Research Future (MRFR) has recently launched a report on the global nicotine gum market and has predicted a CAGR of 3.01% over the forecast period of 20192022. MRFR's analysis has further asserted that the market is likely to reach a valuation of USD 5,986 Mn by the end of 2022. Moved by the multiplying popularity of nicotine gums, manufacturers are launching new products in varied flavors to tap a broader base of consumers. Moreover, aggressive marketing and advertising activities are also helping in increasing the product visibility of nicotine gums. Nicotine gums are readily available across shops and over the counter, which has boosted their sales in recent years. Besides, the affordable price of nicotine gums remains a key selling proposition.
Regional Analysis: Region-wise, the nicotine gum market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC). In 2015, North America led the global nicotine gum market. High awareness regarding nicotine gum, easy availability of smoking cessation therapies, and the availability of a range of nicotine replacement products in the region is supporting the growth of the market. Various programs aimed at curbing smoking also play a key role in the growth of the North America nicotine gum market. The North America market is anticipated to capture a CAGR of 2.66% over the forecast period.
P a g e |3
Copyright Š 2017 Market Research Future.
Global Nicotine Gum Market Information
Segmentation Global Nicotine Gum Market has been segmented based on type, which includes 2 mg, 4 mg, and 6 mg dosage forms. The 2mg segment accounts for almost 50% share of the global market and is likely to expand at a CAGR of 3.35% over the forecast period. The 2mg dosage of nicotine cigarettes are aimed at those smokers who smoke less than 25 cigarettes daily. The demographic of such smokers is high due to which the segment is experiencing high demand. Intended Audience Nicotine gum manufacturers Pharmaceutical companies E-commerce Retailers Government organizations
P a g e |4
Copyright Š 2017 Market Research Future.
Global Nicotine Gum Market Information
P a g e |5
Copyright Š 2017 Market Research Future.